In this analysis I want to elaborate further on my previous analysis where I talked about the daily RSI of BTC almost being oversold, which is historically a great time to buy during bullish long-term trends. As seen on the chart, I'm looking at both the RSI and the diagonal purple trendline. Ideally, the daily RSI will be lower than 30 and BTC will be trading...
The daily chart for Bitcoin (BTC/USDT) illustrates a continued downtrend with the formation of a descending triangle pattern, which is typically considered bearish. Bitcoin's current price is $63,034.98, and it has recently tested a significant support level (S1) at $59,065.59 without breaking below. Another key support level (S2) lies further below at...
Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (USDT chart) (USDC chart) It appears that a particularly large amount of funds are flowing into USDC. If the gap increase between USDT and USDC continues, the coin market is expected to continue...
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 A few moments ago price started to trades in flat, where it broke $70300 resistance level and fell to bottom part of flat. Then price turned around and rose to resistance line of wedge, exiting from flat, and soon BTC broke $70300 level again. After this, price...
BINANCE:TRXUSDT is forming the break of the descending wedge structure, which in general activates the realization of the bullish pattern On W1 the price is testing one of the key global levels. Consolidation of the price above 0.1184 will be a confirmation of global bullish intentions. Alitcoin has not yet updated the intermediate and global high, which...
Hi folks today I'm prepared for you Binance Coin analytics. Some days ago price entered to consolidation, where it first rose to the resistance level, which coincided with the resistance zone, and then at once rebounded from to support level. After this movement, BNB turned around and made an impulse up to the resistance zone, after which it in a short time...
This analysis is based on a massive rising wedge pattern that has been developing over 7 years at this point. It's a long-term trade, so we have to be patient. The trade is simple; we're going to wait until the top of the next bull-market to enter a short on ETH. When this trade will activated remains to be seen. I'm waiting for ETH to touch the top resistance of...
The daily chart for Cardano (ADA/USDT) displays a fluctuating price movement with critical levels outlined. Currently, ADA is trading at $0.4662, having faced significant resistance at the $0.5263 mark (R1). The next major resistance level (R2) is situated at $0.6852, which marks the upper range of the price movement in this period. The support structure includes...
Good Luck >> • Warning • Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end. The risk management of the position must comply with the stop loss. (I am not sharing financial or investment advice, you should do your own research for your money.)
Morning lads, Figured I'd share my view on BTC for the following weeks. There's a chance that instead of a channel, its a descending triangle on the daily, bringing prices to 50k. But Im gonna keep that in mind and hope we move up! This trade would help alts tremendously as well.. Trade thirsty, my friends..
Evening fellas, I hope you took adv. of this previous drop. Hopefully you noticed the fact BTC dropped more in % than most alts. Means that most alts bottomed with their /btc pairs and are ready for gains. If BTC starts to range here ($56k - 61k) for a few days, a small 10%, dominance could drop, allowing alts to run nicely. Trade thirsty!
I said 2 things earlier but I changed my mind a bit - the first thing was that I wanted to wait on Monday to do a new post because of the geopolitical situation and the halving, what happened last night convinced me that the floor was here (of course I can be 100% wrong) - second thing is that from my last post, I said we could chill some months because nothing...
Hello traders, I want share with you my opinion about Ethereum. By observing the chart, we can see that the price rebounded from the resistance level, which coincided with the seller zone and declined to the mirror line, where it at once turned around and in a short time rose higher to the 3530 level with the seller zone, thereby breaking them. But soon, ETH...
The daily chart for Dogecoin (DOGE/USDT) showcases a situation where the cryptocurrency is attempting to stabilize after experiencing fluctuations. The current price is $0.15016, with marked resistance (R1) at $0.17396 and a higher resistance (R2) at $0.21158, which align with previous highs where the price faced significant selling pressure. The support level...
The daily chart for Ripple (XRP/USDT) shows the price fluctuating within a defined range, currently sitting at $0.5298. The chart outlines key resistance levels at $0.5746 (R1) and $0.6686 (R2), which are critical points where the price has previously encountered selling pressure. The support level (S1) is established at $0.4697. Observing XRP's recent behavior...
And when it does, the bet is on where all that stable will go.
The RNDRUSDT chart on the daily timeframe presents an interesting technical conundrum. A bearish triangle pattern has emerged, traditionally a signal of a potential price decline. However, the current market climate is heavily influenced by sentiment, making technical analysis somewhat less reliable. Let's delve deeper. The Bearish Triangle: Triangle patterns...
Evening fellas, To finish up these final posts about RED days, I would like to bring up this idea. Wave 5 should be as big as both drops by the past waves. It's all on the chart, take a look at it and enjoy a minimum 100% on all coins. MINIMUM!!! BY THE WAY! I will make this a LONG post, because it means LONG alts, and not USDT obviously. I think its easy to...