- global trend up - local trend up - same participants accumulation positions on the upward channel - potential entry point when price made break out trend line or key level 8.30
Major Pattern: Daily Double Bottom Trigger point at 5,39 Target 9 Half Target 7
Safepal bounced off the ascending trendline. Asset bounced off the support area. Bullish movement to resistance level at 1.32 is expected to happen.
CHR on the 4H TF is close to the resistance of $0.68, the past couple of hours we have seen a few failed test to break the resistance . In case we test the resistance again and get rejected I would be expecting for CHR to find support around $0.58 . In case after the rejection there is a trend reversal we could see the coin falling back to $0.47 . On the other...
AUDIO is currently closing to the resistance zone of $2 . I don't expect that AUDIO will break the resistance on the first try , but the test of the resistance could also happen on the LTF . Additionally If I traded this coin I would keep in mind the current levels of $2 , $2.7 , $3.2 and of course the previous ATH around $4 . Moreover , I would like to see a...
Ripple bounced off the lower boundary of ascending channel. Rise to resistance level at 0.93 is possible.
In December 2021 I published a Wyckoff Chart that predicted the exact day of the market bottom (In the attached Link). This chart is showing how the accumulation has played out. The current price action sits in Phase D at the BU/ LPS which typically precedes a more substantial price mark-up. This will execute after the price is finished compressing we should...
Apparently my B ( From XABCD pattern) invalidates this as a Harmonic pattern . However there is still an 886 retracement . Looks like the low is in , So im going to wait until there is a type 2 return (confirmation low ) , and see if we can break B and go up . Long.
Hello everyone, if you like the idea, you can support with a like and a follow. My current trading setup for ETH. I am keeping it simple for this trade, just riding the trend and looking the 12H and 1D candles, everything strong for now. Using fibs from the last high to our new low. Taking most of my profits on target 1(0.618) and the rest of them on target...
Verdict The current scenario is very much in Bulls favor. BTC can be shorted in short term but the risk vs reward is much higher. Charts are attached to support the analysis.
Bitcoin short-term view - price at $45.597 support again. Clear sideways action so far... but the higher number of price at this support raises some concerns- After a break $44.452 would be next support. All BTC short-term here - HODLers stay calm. Drop me a nice comment if you'd like me to analyze any other cryptocurrency. *not financial advice do your own...
Yes, the price was able to break and close above the 45k zone of strong resistance. But has it been able to continue its upside movements? Does not look like it. If we observe the DAILY timeframe chart, we can identify that an up-trending channel has been formed and the price has nicely rejected the upper boundary of it. The question is the following: did the...
Based on technical factors there is a short position in : 📊 ETHUSDT Ethereum 🔴 Short Now 3434.00 🧯 Stop loss 3680.00 🏹 Target 1 3285.00 🏹 Target 2 3010.00 🏹 Target 3 2775.00 🏹 Target 4 2222.00 💸Capital : 1% We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
Since price is overbought on daily chart the magnetic attraction of the lower untouched POCs might be higher. A correction even to $0.94 in alignment with FIB golden pocket would be healthy. Next higher untouched POC is at $1.34 - not far away. What do you think? Drop me a nice comment if you'd like me to analyze any other cryptocurrency. *not financial...
Trade at your own risk. This is my personal reference point, to test if I am correct. All can change with certain news.
Avalanche bounced down off the resistance area. Asset broke trough the ascending trendline. Bearish movement to support level at 82.7 is expected to happen.
This are all imprtant supply and demand zones for BTCUSDT on the Daily Timeframe if We brakeout of Supply 1 we target supply 2 and the Demand zone will act as Support
The volume impact scanner notify me when the currency are changed in Volume positively and often means a change in the direction of the currency. Then the hot ticker gives me currency, when it Trend and are traded on strongly.