In me previous analysis BTC failed to even reach for the 50% Fib level and ended its correction at the 30% level. In my opinion we are now witnessing BTC's new bullish movement. (Not a financial advice)
With Bitcoin breaking 34k, money start to move into alt coins. Possible massive to the upside. On the weekly timeframe there is only 2 areas of possible resistance until COINBASE:LTCUSD l new Litecoin ATH.
We analysis in the major trend for someone who wants to hold this coin. As you see it makes an downtrend and price is in the middle of it. Now we can find an triangle pattern too. For short or long we have to wait for break the pattern first. Follow and like us if you liked our posts.
As we can see, on November 3, the price was able to bounce off a strong support line, which originates in March 2020 and began a large rise towards the resistance line. On November 7, the price begins its movement in the channel. On November 14, the price bounced off the upper channel line for the last time and began its downward movement. Yesterday the price...
Hi All, I see an opportunity with Troy going long, with a stop loss just below the current candle stick. Obviously high risk but the case is there for entry at the fib retracement of 0.618 based on the root of the rising wedge. I have 2 targets for now. T1 = 0.0047 T2 = 0.00517 All the best. S.Sari 4 HRLY chart with 20, 50, 100 and 200 ema's
The Resistance line for the Cardano now acts as the Support one. The price has recently pulled back from the new Local Resistance and the price is falling. The decline is going to continue as MACD indicator suggests.
Hi All, I see another small trade opportunity. Inverse H&S or triangle breakout. Cheers, S.Sari Daily looks good Weekly, still bullish but aware of the RSI (87%) in over extended region
Hi All, BTC has held a key level and broke the sloping trendline which usually means a bullish sign. Not saying its time to go long, just another opportunity. Note: A survey was recently done about general market sentiments and about 50% still are bearish which increases the likelyhood of a bullish trend still to come. For now, target 9800 Please give me a like...
Ripple didnt make the big shoot in price in line with Bitcoin yet, while looking at previous bubble of late 2018, there is a gap between the two. And by the time bitcoin started retracing, ripple picked up Hope this time gap will replicate now. TP at 1.05 to 1.10 range, or exit trade within a month SL at 0.19
A brief explanation on the fundamental paradigms that actually drive the market.
Downward trend on BTC according to charts. Will still have lots of volatility in between. According to support resistance levels might go below 3K briefly between now and April.
I tried to make something like Crypto index i used top 6 Crypto ( Bitcoin + top 5 altcoins ) for preparing this chart i add their price and divided to the total market cap weight respectively . if you want to check chart you can use below phrase : BTCUSDT/114+ETHUSDT/48.2+XRPUSDT/20+BCHUSD/13+LTCUSDT/5+EOSUSD/8...
Hey Everyone, If you enjoy my content please like and follow. I do daily updates on bitcoin, and i'll do TA's on altcoin signals as well, but if you really want to stay up to date on everythign crypto then check out my discord channel "the crypto blend". I can't drop links but you can google it or just look it up in the discord platform. We leverage a team of...
Possibility on a fun day trade opportunity. Stochastic and MFI in an upward channel with MFI about to touch support. We also have a wedge pattern forming indicating a "higher" probability breakout. Of course could be either side. Awaiting confirmation with an increase of volume as well as a price break upward out of the wedge. Another possibility if we see...
In order for someone, or something to take two or three steps forward sometimes a step back or two is needed as well.
We may be seeing a Head & Shoulders pattern form on Monaco, this currency tends to not sustain a high price for long since it has a low supply, therefore, it's extremely volatile so we usually always see a strong correction from a recent increase. We should also take into account that there is a solid Support and Resistance in place for the currency, you should...