Great Setup ! Price has downside momentum, retraced towards EMA and good P.A for entering, decent 2RR trade, will monitor trade and priceaction.
I'm not going to call if the bottom is in or "not so fast" but just want to point out that we may only be halfway through a significant long-term downturn. It's concerning to me that RSI has broken significantly below 50 for the first time since the market recovered from the lows in early 2009. It's also concerning that price looks like it wants to retest the...
Ethereum price analysis shows a downward trend. ETH has retreated from its two-day high of $1,219. ETH is consolidating above $1,200, with a bearish tilt. According to a recent Ethereum price analysis, the price of ETH has been bouncing in a very narrow range over the last few weeks. Ethereum has had a minor reversal today after a two-day run that saw the...
whoa whoa whoa ! a daily MACD cross recently ???? Let's see if we continue down !!
Looks like price tried to break to the downside and was stopped with some strong wicks these past few days. Watching for a gap fill to the upside as it mean reverts back into the moving averages. Once there, looking for possible short entry at resistances.
Are we seeing a possible head and shoulders forming here? This could be an interesting pattern with everything that is happening in crypto given the FTX collapse/contagion and other possible toxic accounts that have not been revealed that could be the last leg in bringing crypto to the last shakeout in this market. Target price with this pattern is around $0.13
$16'200 - HIGH $15'000S INCOMING.... IT'S WRITTEN IN THE BIBLE Give me $12'000 and I'll think about buying back...
look at the chart, it looks like 10894 in october if bitcoin follows the falling channel, who knows but the indicators like rsi and macd do not look good. what do you think?
$BTC basically at the 2017 high right now. Should be strong support. But looking at this 1W HTF chart I can't help but see more downside potential. Seems very counterintuitive to look at this chart and conclude the lows are in, imo. Notice the increase in volume as price continues to drop. And looking at the volume profile, and the visible gap, I don't think a...
Nothing confirmed but a possible bearish impulse scenario I could see playing out given geopolitical events, hawkish fed, housing/commodities inflation related, or a mixing pot.
Still got room to fall plenty of room actually and I believe it will do so indeed....... Just a waiting game but we'll see
We could expect further downside on BTC's price but I would say its getting close to the bottom. BTC has not yet crossed below the first orange line on the LMACD, which the other two times in the bear market has indicated the bottom for BTC then followed to find support before breaking out.
This market has been looking quite bullish and is has been overbought as indicated by the RSI. I'm anticipating a sell but not just yet. ○Mark out HL of the trend ○Wait for them to be broken. ○Enter at retest.
Bitcoin has already broken the support level at 37k. If it breaks below the next support zone (marked in red) we may see prices drop to around 24k level.
Metahash supports are broken and going down to 0.0025. The big support was 39. This is not investment advice.
Looking for a longer term daily downside trend, so ill be looking for a better entry point to look at adding some sell positions for another continuation leg to the downside.. If price pushes up above the last high this trade idea is obviously invalid.
Roku maybe after ER will finally go down towards that 70 target?? I'd be interested in playing the puts to the downside on this name after what I saw happen to NFLX. Weekly looks like it wants continued downside.
I think fed will surprise the markets with a 0.50 rate hike at the March 15-16 meeting. I think the rate hike + a spike in bond yields will decimate the market. In panic many retail traders will get washed out and sit on the sidelines. In response, funds & whales will prop up the market on low volume to then decimate the market with shorts. They will rinse and...