Analysis: - Fibonacci Retracement - Support & Resistance - Rising Wedge Formation - Order Block Flow $0.7827 Inflection Point Target 1: $1.15 Target 2: $1.32 Opinion: I believe when price reaches the green star we will have a breakout
The price of TCTBTC on the 1W chart broke the downtrend, forming an initial growth momentum. At the moment, the price has started a local correction on the 1D chart and is trading near the important Fibonacci level of 61.8%. It is worth paying attention to the 1W chart, where we placed the VITEBTC price chart, on which there was a very similar pattern before the...
The way I count it and see the patterns, we may be in an extended wave 3 of 3, which is one of the most bullish in the cycle typically. Pretty sure we just finished wave 2 with a running flat correction, so we should see the price start to move up from here. This count holds up as long as we stay above $0.35 If we for some reason dip again, I will certainly be...
With everything else going RED as hell , I like the odds on this MIR breakout I'm keeping tabs on in this hourly chart. 30 min looks good, 45, 2 hour and 4 hour all looking good. Would make a few quick bucks and sell at 11 then wait to see if we can volume our way past that 11$ barrier up to the 12.80 fib or if not just buy back in at lower support fib. We will...
Here you can see my graph and analysis of Cardano (ADA): medium / long term. Tell me what you think ;)
Tonight's trade analysis features a long term trendline starting on the 28th of December at 08:00 . This level was a support-turned-resistance after the previous 25% pullback, much similar to the one we saw in early January of this year in terms of its percentage and general effect on the sentiment of the market. People are seemingly very shaken by the price...
Now we can see good support zone H1 around 52 600 - 52 000 Its supported by volume profile whit red line Point of control
There is a pretty well understood relationship between fiat, like the dollar, and anti-fiats, like precious metals and crypto. With some trend lines we can see that when DXY bases out on long term support more likely than not anti-fiats are either on the verge of topping or in the process of selling off. Well established by now. That base-ing out can be viewed...
Bullish Ascending Triangle or even an inverted Head and Shoulders. Target would be quite high as you see on the chart. As Bitcoin hasn't topped for the moment IMO it has a high chance to succeed. We also have a monthly reversal signal on NPXSETH. Good bet! Happy trading!
ADA/USDT is about to bounce at this horizontal support level. The level is a very important one as it is exactly at the 90 cents area. This is a place that has shown support many times before already. Also, you can tell by the perfect round number that this acts as a level of psychological support. This can help to give more confidence in the strength of the...
I've been having success at Scalping #Zcash and #Litecoin as of late. Their patterns have become quite prediectable. In this chart you can see where a descending overthrow trendline meets the underlying, more powerful uptrendline. If the price action meets at the exact spot needed, a long may be the best opportunity. Granted I may need other confluences such as...
Hello out there! Too bad I missed this one. I don't trade anyways lol
Hey everyone! After a long consolidation, I can't see this pair ranging for much longer without an expansion move soon. Previously this was a pair already on the radar and provided a failed upside setup however it just keeps bouncing from maxima to minima of the range and now buyers and sellers are left to make an impulsive decision. The bias is upside...
BTC has climbed off the structure support break into the resistance structure that we outlined based on market structure. We needed to see a stall in this area for the continued move lower. The first red day just occurred and it was strong, we need to see an extended move lower or some doji candles to indicate a reversal to the downside at this resistance point of...
Daily Chart Explanation: - Price is on a Descending Channel on Weekly Basis. - Price bounced from the Support Zone. - Bullish Divergence on MACD. - If price starts its up move from here, it has potential to go towards the Weekly Descending Trendline and, if price breaks it, there is potential to move up towards the Resistance Zone. Weekly Analysis: Updates...
LTCUSD is approaching resistance (horizontal pullback resistance, 61.8% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below our first support level (horizontal swing low support, 61.8% Fibonacci retracement). Stochastic is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin...
Checking 1W, if it can keep this level of volume, we will do it.