Traders, The title says it all but I will show you why I am starting to grow bullish on altcoins here. Stew
Bitcoin has broken out above the resistance trend line which is also the upper line of the triangle we anticipated on previous analysis as the bearish pennant structure. However, still there isn't any confirmation for the continuation for this breaking out. Must wait the break also on this horizontal resistance at $27465 level. Also look at the TRX as the hotlist...
If you find this info inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! Not financial advice, you do you Looking for a potential move down here but a flip of the 66.92 level would be ideal for the bulls.
This is another update about the bitcoin as the price action has been developing in another consolidation factor. During the development of the price action, we also see that the price is now forming another bearish scenario as the liquidation factor involved in this analysis.
The latest pump still doesn't mean anything for the bitcoin as the price is still forming another lower high structure here. Unbiased and uncertainty, it's all what we are seeing on the bitcoin. Just to be patient and don't take any unnecessary risk as of now.
It's been a difficult week to trade on the crypto space and we are now seeing the price is forming another possibility of descending triangle. On the higher time frame, the price hasn't broken the bullish structure but still we are open for possibility to test $25200 region first.
Dear TradingView community and fellow traders, I am Richard, also known as theSignalyst and here is my fourth OKX contest submission => OKXIDEAS Today I will be going over 5 Altcoins Analysis => OKB, ARB, OP, APT, and NEAR. Let me know which altcoins would you like me to cover next. Hope you find this video useful. It's important to always adhere to your...
Traders, The crypto bears are still very clearly in control of our market. In this video, I recap the weekly crypto market price action and explain the case for the bears. Bulls have yet to prove themselves with a conquering of that $30k price resistance area. A retest of our neckline at 25,200 (Bitcoin) can still be expected at this point. Stew
Bitcoin is now reaching out the strong resistance zone which is the alignment between the resistance trend line and the golden ratio level. Let's see what will the price reacts because it's a huge resistance zone.
Traders, Be careful with this recent bullishness here. I am still expecting Bitcoin to retest our C&H neckline at HKEX:25 ,200. None of this recent price action has convinced me else wise. Stew
Hi Traders, Investors and Speculators of the Charts 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. BNBUSDT aka Binance coin has a nasty history of pumps and dumps. In the past, the King of Pump & Dump use to be XRP. But lately, it...
Traders, Alts are sitting precariously on a level of support right not. Will that support hold or will it fail? Let's look to the charts to find some more clues if we can. Stew
I highlighted a inverse head and shoulders to kick off the #litecoin's halvening bull run It has in my opinion now broken to upside --- woo hoo but digging into some croos coin analysis against #ETH found some stunning potential of upside against the number two coin 3.4X on the table 0.05 LTC/ETH to 0.16 LTC/ETH this hugely significant as we know ethereum...
Traders, In this video, I'll be reviewing the weekly price action from Bitcoin, Ethereum, and our altcoins chart. We'll also take a look at the Dollar, US500, and some leading alts. It is important that we remain rational during this bullish crypto rally, not to FOMO in, and to wait for these bulls to prove themselves. Stew
Bitcoin is currently trending at the strong area of resistance which there are a lot of confluence factors right aroung this zone that we have to be very cautious. Price hasn't broken out above the resistance zone so we have to stay away from it temporarily. Also, this is our set up on BTC so that we can anticipate both upside and downside movement of the Bitcoin.
The fact that the recent pump on BTC is just only sucking liquidity from the altcoins market and there isn't any fresh fund entering the market somehow is worrying me. Also look at the correlation between bitcoin dominance and the bitcoin moement.
Traders, Both BTC and BTC dominance are into extreme resistance areas. We're going to talk about what this means for both bitcoin and the rest of the altcoin space. Stew
Traders, It's worthwhile to review my most recent altcoin trades, targets, stops, and strategy. I will also review Bitcoin, Bitcoin dominance, Altcoin market cap, and a few of the other alts I am waiting to enter. Stew