◳◱ A Resistance Breakout and Confirmation has been detected on the OMXSTO:XMR / CRYPTOCAP:BTC chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are located at 0.00561 | 0.00586 | 0.006553, and the major support zones can be found at 0.004917 |...
The FTX Token touched yesterday the 1D MA200 for the first time since April 2022 turning the 1D technicals largely bullish (RSI = 67.207, MACD = 0.051, ADX = 48.882). This is a major buy trigger, which with the Support of the 1D MA50 can target the top of the 7 month Rectangle pattern (TP = 2.70000). ## If you like our free content follow our profile to get more...
◳◱ A Bollinger Band breakout has been identified on the CRYPTOCAP:LUNC / CRYPTOCAP:USDT chart. The price has moved outside of the upper Bollinger Band, indicating a potential bullish trend. The next resistance key levels are located at 0.00010973 | 0.00013191 | 0.00017099, and the major support zones can be found at 0.00007065 | 0.00005375 | 0.00001467....
NEARUSD is having today the strongest 1D green candle since January 14th. With that, it crossed over the MA50 (1d) for the first time since April 26th. Despite the positives, it remains inside a long term Channel Down since the start of February and we should treat it as such. Trading Plan: 1. Sell at the top of the Channel Down. 2. Buy if the price breaks over...
◳◱ A Bollinger Band breakout has been identified on the NASDAQ:CAKE / CRYPTOCAP:USDT chart. The price has moved outside of the upper Bollinger Band, indicating a potential bullish trend. The next resistance key levels are located at 1.47 | 1.538 | 1.69, and the major support zones can be found at 1.318 | 1.234 | 1.082. Consider buying at the current price zone...
◳◱ Hey traders, A Trend Reversal has been identified on the $BSW / CRYPTOCAP:USDT chart. The trend of the price has reversed, indicating a potential trend change. The next resistance levels are located at 0.0892 | 0.0933 | 0.1008, while the main support levels can be found at 0.0817 | 0.0783 | 0.0708. Consider buying at the current price of 0.0881 and benefiting...
Crypto enthusiasts, pay attention! We have an intriguing bearish setup on Bitcoin in the 4-hour timeframe. This trade opportunity revolves around a strong upward impulse, breaking out of a descending channel and propelling price to new heights. However, it's time to explore the technical analysis and uncover the potential for a trend reversal. Following the...
All logic is clearly displayed on the chart. I have been using BTC dominance over altcoins (the entire market) in my work since 2017. Note that a "double bottom" is forming on the chart. But, at the moment, the season of games has opened under the title: "not environmentally friendly", while it is going on, such a construction is unlikely to come true. Use this...
📊 #bitcoin ⏱ TIME: 1d 📝After the floor that we considered for Bitcoin, it activated our order and it has yielded about 26% until now (linked analysis). But now it has reached a resistance range where I expect it to suffer from here or the downward pressure will enter and have a short-term correction. I have written the important ranges for the price...
Polygon / MATICUSD almost hit the Rising Support that goes back all the way to January 2021 and is now rebounding. This is perfectly viewed on the 1week time frame where the price hit the 1week MA200. As the 1day RSI is also rebounding, a crossing over the MA line, will confirm the bullish trend, like it did on July 4th 2022. Buy and target the 1day MA100 on...
◳◱ A Bollinger Band breakout has been identified on the LSE:AST / CRYPTOCAP:USDT chart. The price has moved outside of the upper Bollinger Band, indicating a potential bullish trend. The next resistance key levels are located at 0.1365 | 0.1533 | 0.1808, and the major support zones can be found at 0.109 | 0.0983 | 0.0708. Consider buying at the current price...
Continuation from yesterdays trading video with some all round tips from me as a long term pro trader
Short term view in Ethereum (ETHUSD) from 3.10.2021 low is in progress as a 5 waves impulse Elliott Wave structure. Up from 3.10.2021 low, wave 1 ended at 2140.8 and dips in wave 2 ended at 1622.7 as the 2 hour chart below shows. Internal subdivision of wave 2 unfolded as a double three Elliott Wave structure. Down from wave 1 at 4.16.2021 high, wave ((w)) ended...
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! Followed the red path and reacted to identified level with some accuracy. $.5262 is the bull's primary enemy! $.50 is the bull's side mission, and could be the bear's...
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! Small 4s are my Elliott wave Kryptonite… A potential for W4 coming/printed in. Same levels/area could apply to multiple degrees. Always a chance it's done, but these are...
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! 31063, on CB, is a bear count killer pivot. 28791, is the ideal hold above for me atm. LARP traders caught the bottom and will sell the top. Real traders can miss...
CRYPTOCAP:BTC shorts piled on that rally but they QUICKLY covered that LOL Wasn't that much in shorts anyway. IMO #BTC has legs, strongest in some time. Can we pause? Sure. IMO = 2nd phase of a new bull market for #bitcoin. Not saying it'll last 2 - 3 years but from lows, more than 2x. See volume vs previous peak? RSI looks okay as well. Been calling tops &...