Price has just rejected off a resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could potentially fall to our take profit.
Entry: 3249.60
Why we like it:
There is an overlap resistance level which aligns with the 50% Fibonacci retracement.
Stop loss: 3430.18
Why we like it:
There is an overlap resistance level...
hello guys...
as you can see, this coin is in the bottom line of the broken ascending channel and the descending channel at the same time!
it is a great chance for the price to start another upward movement! but if the orange area is broken up.
so you can put a stop limit order for a long position that if the price engulfs the 3305 area then your long position...
Price is rising towards a resistance level which is a pullback resistance that aligns with the 61.8% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 67881.63
Why we like it:
There is a pullback resistance level which aligns with the 61.8% Fibonacci retracement.
Stop loss: 71339.38
Why we like it:
There is a pullback resistance...
The arc and diagonal upward line have become a magnet for bitcoin. Major decision is ahead: Break hard below the wall or enjoy a big bounce. Get your popcorn.
Is this move a surprise not really if you been following my Chainlink ideas.
Published in February warning traders that giant rising wedge had formed and the target of that wedge is back to the top of the massive range at 8-10 dollars.
March 18th we got a bearish cross the MACD , this was another signal of things to come.
On the LINK/BTC we can see that we...
Rising wedge target is back to top of chainlink accumulation range at 9.3.
Clear rising wedge pattern with two touch points top and bottom.
We are coming up to the Chainlink fib sequence I have been using for years it has a 100% win rate at predicting Chainlink events , major moves , bottoms or tops.
Last Fib time hit was the Big move down in May 2022 marked...
💎 In the daily and weekly time, it is moving in an ascending channel, and currently the current wave of the 3rd ascending wave has started from the bottom of the channel.
💎 Scenario 1: Currently, it is placed in an important resistance, which according to the shaded area in the confirmation of its correction process, we can wait for the candle to confirm that this...
The thesis I will present today will go over the idea that Bitcoin will repeat its first cycle over a longer length of time. There are a lot of theories on where Bitcoin is going next, and it's been interesting seeing so many different perspectives.
Every 4 years, Bitcoin follows through with its cycle, and we are now in the 4th cycle. So, what if it repeats the...
Hello Traders, Skyboxpips here!
Ethereum and Bitcoin had a strong bull run from feburary.
Ethereum experience a resistance level at the $4100 level which mean sellers are holding this level. There is an imbalance and anticipate Ethereum to reach that $4100 level in hopes of a breakout to the top-side so we can go test that $4,800 All time High
In the daily and weekly time, it has been moving in a descending channel, after the bottom formation in the 0.64 area, a motivational wave has started, which is now facing selling pressure in the supply area after the sub-swing break.
🔰 Therefore, this correction can be a pullback to the green box area, which can face demand in the green box area and continue the...
Trading Setup:
A Trading Signal is seen in the CRPTUSDT Crypterium
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 0.0430
⭕️SL @ 0.0349
🔵TP1 @ 0.0692
🔵TP2 @ 0.0917
🔵TP3 @ 0.1247
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading...
Technical Analysis: #XRP (Monthly Update)
#Ripple coin is now trying to break out of the 1065-day accumulation zone, if it could, this is just the beginning of a new uptrend.
#Rpple Coin is almost ready to takeoff and looks too bullish, if march closes upper the trend line so will be ready to test its previous high and make a new ATH at year-end or earlier.
🥰If...
May be we all should get ready for the next bull run in 2024 and 2025.
When BTC goes above 40k, the stocks related to crypto will just go crazy.
This chart is just a representation on where to take profit and where to buy.
I guess COIN might hit the ATH by mid of 2025.
First crypto second capitulation then create a base and then halving and then enters bull...
🔄📈 FTM (Fantom) Trade Analysis - Testing Range Resistance for Potential Breakout! 💹🚀
📊 Technical Overview:
FTM (Fantom): Testing top of the range resistance at $0.4025.
Scenario 1 (Breakout): Potential entry if it breaks and converts $0.4025 into support.
Scenario 2 (Retrace): Entry if it retraces and retests around $0.3750.
Stop Loss: Scenario-specific stop...
In the Ethereum community, traders are keeping a close eye on recent crypto market happenings, especially how Ethereum compares to Solana. They're discussing technical stuff like patterns and support levels for ETH/USD.
One hot topic is Solana's decentralized exchanges outdoing Ethereum in daily trading volume. People are feeling positive about Solana's success...
As Bitcoin navigates its way through a critical price range between $39,000 and $31,000, a strategic Dollar Cost Averaging (DCA) approach could be a prudent strategy for long-term investors. This range is particularly interesting as it lacks significant historical resistance, with the last notable resistance being around the $30,000 mark. This level could act as a...
