I waited too long to get position from below but I missed it ) I also waited for a close above the trend line. (1W) When we look at the terminal related Major Cryptocurrencies : We see Ripple and Ethereum stand out. They are being discounted. Blockchain data change is also nice. We will examine the other Cryptocurrencies later. I think it is necessary to...
Please support this idea with LIKE if you find it useful. Yesterday I published an idea with a Mid Zone resistance and explained why this zone is important to be past. Today I am going to show one more important zone we have. Many interesting targets lay beyond this zone including an All Time High. Currently the price took the road to test this resistance zone....
Please support this idea with LIKE if you find it useful. This post for careful traders, because there is a mid zone and this is the last sign for Uptrend continuation and further growing. And you can consider long position on a breakout of mid zone resistance. However my personal tip is better to buy under mid zone, but with diversification on the levels. That...
Please support this idea with LIKE if you find it useful. Initiate Long. Entry - 9678.92 TP - 10512.20 SL - 9421.73 (please consider putting your stop-loss lower if it fits your R/R ratio) Reason: Price has broken the Channel's resistance. Also pay attention on how price charted from one range to another with three white soldiers. I think we have an accurate...
Hello All, I want to do a very detail analysis on Ripple / USD based on the bitfinex chart. Let's do this real quick! I saw a lot of crypto analysts has predict that the bottom for XRP is in now and it will enters the bullish market. But, I don't think I can agree with the majority analysis about XRP. I have my confluence reasons and my own view about this...
We've seen a very huge run since the bounce of my previous covered zone as a support, making bitcoin once again forming a higher high pattern. This 4 hours time frame actually is very interesting to see, It's not just a key time frame of swing trader but also for bitcoin especially, the previous major movement that we get, it mostly had a confirmation on the 4...
ETCUSDT: Short & Long Trade Setup. Note: This is only for Educational Purpose this is not Investment advice.
Hello everyone! Adding to our previous DASHUSDT long call at 104$ the pair seems to be showing consolidation vs BTC as well. The balance on this one is not the best but the Bullish Chuvashov forks on the bigger and smaller timeframes are hard to ignore. Great Risk-Reward-Ratio (RRR) and Point-of-Control confluence with the entry channel. I only see reasons to...
Hello everyone, key level for Dash here - volatility incoming. Bias is long due to the strong trend in the last two weeks and heavy accumulation. Very similar to Monero but with a better chart pattern at the moment :) The Risk-Reward is set for the pattern Take Profit (TP) but if we project using the Fibonacci tool we could end up at 300$! At the same time,...
Please support this idea with LIKE if you find it useful. Initiate Long. Entry - 9444.34 TP1 - 9768.42 TP2 - 9999.27 SL - 9355.56 Reason: The price face a local Resistance which restrains it from further growing. We can initiate long on a breakout. Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable. ...
Hello all, here we come with another update about bitcoin, this time I want to give highlight on the daily time frame. Looking at the chart, we can see that current bullish pressure has brought the price to pass the upper line of the channel which became a very strong resistance for bitcoin and moved align with the 200 MA which acts as a dynamic resistance too....
I have outlined for your range which you should follow the following days in Bitcoin. I do not expect another leg up so easily because of premium funding on Bitmex and also overbought RSI. I would rather see some choppy environment in the range. Treat the range for different strategies short / longs as I have outlined.
lease support this idea with LIKE if you find it useful. Initiate Long. Entry - 178.01 TP1 - 189.10 TP2 - 196.49 TP3 - 203.07 SL - 174.01 Reason: We definetely see the volatility is increasing for this coin, which is a positive sign (signal of Uptrend). Currently the price breaking the Horizontal Resistance and we can initiate Long position after breakout. One...
Please support this idea with LIKE if you find it useful. Initiate Long. Entry - 9441.08 TP - 10476.74 SL - 9126.89 (consider to put it lower if it fits your R/R ratio) Reason: In previous analysis I had an idea of it to be a bullish trap. This was not confirmed, because price did not cross the 121 MA. Currently we have more data - RSI did not cross its 50...