*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Entry: $41300
Take Profit: $49000
Stop Loss: $37000
If you would like to...
Fantom coin price has breached 2022 year's lowest level of $1.296; traders should wait for daily price closing.
FTM coin's price is observing near the neckline of double top formation over the daily price chart.
Fantom Coin price action is currently showing low-high formation. Thus the Fantom Coin is well below the red zone of the Ichimoku indicator on the daily...
This will be a quick simple analysis. When we go back and look at the previous bull runs highs and the bear market lows that follow, there seems to be a similarity in the percent that the market tends to correct. When looking at the chart you can see there's about an average 84% sell-off from new all-time highs. If this is the end of the bull market and we are in...
Let's keep an eye on these key S/R zones.
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
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This is not financial advice. This is for educational purposes only.
Do you believe we are now in a bear market? If so, Where are we heading to? This chart looks very dangerous to me and I hope everyone's developing a strategy to secure their bags in case we see a move to the lower 20ks or even the 10k-15k range. Anything is possible in this volatile market. I'm curious to hear the communities thoughts.
Don't trade with what...
When looking at bitcoin on the 2hr TF we can see that it has had a very bullish week. With the Super Bowl happening this weekend and a lot of people calling it the Crypto Bowl, many expect this to have a positive effect on bitcoin throughout the weekend. Now we hear that the FEDs have announced an emergency meeting for Monday 2/14/2020 which is right after the...
📊 #LTCUSDT (Litecoin)
💹 Time Frame: Daily (Update)
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🟡English: As you see Litecoin broke out the classic falling wedge pattern in the chart and is trying to hold above MA50. if LTC can close one daily candle above this Area then we will see more upward movement to meet the first resistance near 160$ then head forward to the strong resistance zone near 200$....
Daily chart shows that this currency is now in an important area. It may range some days but if it breaks the dynamic trend-line upward successfully it'll rise up to 43500 . The effects of other markets are undeniable so consider them in your analysis and trade.
The question of the hour: where do we go from here. Of course this is my VERY humble opinion and knowing the volatility of the digital assets market, I understand it could go either way in a split second. But....this is where I think we may be going.
Peace.
Bitcoin, abbreviated BTC, is a digital currency or form of digital asset with a market value of about $ 668.21 billion, ranking No. 1 and accounting for 38.78% of the total market. Each unit of Bitcoin is currently traded at a price of $ 35,285, including the Tetra rate of 28,730 Tomans, equivalent to 1,013,743,945 Tomans, and its daily trading volume is $ 36.3...
Bitcoin had 2 massive head and shoulders patterns, with huge correction effects!, but the blue support zone deffended the price for more than 15 times! Will it hold for once more? If it hold we will have a huge bounce to the upside? If it breaks the SUPPORT the price Target is at 20k range!!... But never panic Sale! The bitcoin is here to stay longer than some...
Bitcoin has been often touted as digital gold. With Ukraine<>Russia tensions heightening we are seeing risk-off trades, with USD, JPY, Gold and Oil all appreciating.
Bitcoin however has not yet appreciated. Price seems to be stabilising around the $40,000 mark, which may be an opportunity to go long. THIS DEPENDS ON ONE THING: IS BITCOIN DIGITAL GOLD?
If bitcoin...
If we see break 40k and candle close below then we will touch 30K may be lower but at the moment we can clearly see divergence so, maybe looking to touch 38-40k level to grab liquidity and bounce back quickly creating big wick which is also known as fake out then start heading up.
Let's wait for this trendline to break before we can expect a bullish push! Clearly, the bulls are having a hard time breaking through but once they do, I can see a quick 5% or higher gain. Keep in mind BTC is still king and if it feels like having a bearish move after Shib breaks this trendline, Shib will go down also.
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