Following on from our last BTC post. We're looking for a rejection in the top zone and then for price to reject inside the lower two zones. There will also have to be increased volume for confirmation of the move back up!
Overall BTC is looking great. It seems like the 200MA was enough of a support point. So we should see some nice gains in the...
1,392 Supports ETH/USD
The trading pair continued sideways until the end of Tuesday, fluctuating within a considerable range of 1,360 and 1,600.
ETH/USD, ETH/USD headed down from 18:00 UTC on Thursday through to 08:00 UTC on Friday, 26th February.
Another downswing took place on Sunday, 28th February, with a minimum at 1,299.6.
Last week we didn't make many trades as the market wasn't giving us much but blood
We did however take a nice play from the range highs to 52K
Which was heavily rejected. We just deviated below the range low and cleared a 4HR SR / order block
Again I will be observing price action amongst the range levels marked for further entries
1W bearish divs gave us a major...
BTC chart 4h chart
What we see: BTC has had a nice correction and we have found nice support at the 4h demand zone where we have also found support at the EMA200 and we have a bullish divergence . Reason enough to return to the 4h supply zone . If we do not break through this zone I see Bitcoin correcting further towards the S/R zone.
The fall from the 58354.14 weekly high of 21 February is extending, with prices now pressuring the 43577.07 Fibonacci retracement.
Intraday studies and daily stochastics are oversold, suggesting short-term consolidation around here, but the proprietary Tension Indicator continues to track lower, suggesting further downside risks in the coming sessions.
Bancor Network (BNT) has been making 50% climbs during 2021. With the dip over the last week, it's held well compared to most others which have fallen well back in recent surges.
Unlike most other cryptos listed on coinbase on the 4 hour, BNT is currently below the 20 on the Stochastic RSI indicator, and has been in consolidation and below the MACD for some...
Recently announced parachain with dot, more fundamental news pointing to this coin being undervalued perhaps, saw a break, retest now it looks like we are seeing rejection and we are just waiting for the consolidation. Prob in the W form previously mentioned (all these coins seem to like it). TA pointing good (although we don’t even have a 100 day moving average...
A quick analysis how the Bitcoin might move in the coming weeks. Have a look at the video please to find out if we are in a reversal or a correction ?
Please press “Like” if you appreciate the trading idea 👍
“Follow” for more trading ideas in the future 👀
“Comment” below to share...
As you are all aware of the CRO Token from Crypto is on a new high level due to dumping 70% of its tokens for growth.
Lets keep this simply the target has 4 levels
TP 1 - 0.58 March 2021
TP 2 - 1.11 Aug 2021
TP 3 - 2.43 Feb 2022
This currency is one of the lovely currencies in the cryptocurrency market because of its wild movement and rising !
As a result, I considered that it's like an inverse head and shoulders pattern in order to if don't break the red line trend we can buy to get a short term 40% profit! don't miss this opportunity and good luck 🤞 ~__^
Further from the analysis posted on Monday February 15th 2021:
We can now see Chainlink breaking its pennant formation and moving towards the previous high at $35.65 , a break higher mirroring the rally seen last weekend could take it up to the $38.6 level and breaching that...
Hi, guys this analysis active when the price break the blue line and stable on top of it and then you can buy for those targets.
be careful market has in a little risky because of the condition of Bitcoin but if you are risky after surely break the line you can take a long for reaching another profit in this currency
TP1 short term
TP2 long term