Price has just rejected off a resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could potentially fall to our take profit. Entry: 3249.60 Why we like it: There is an overlap resistance level which aligns with the 50% Fibonacci retracement. Stop loss: 3430.18 Why we like it: There is an overlap resistance level...
Not legal and financial advice; Any information provided here is only the personal opinion of the author.
The crypto market looks bullish in the long run, but it has been consolidating in the short term. BTC's price movement is being compressed for a good move in the short term. The SMA 25/150 is also giving a long signal. Any Rally in the medium/long term requires it to break the 45000 mark, While any breakdown & closure below 38000 can harm the bitcoin rally in the...
MED/KRW - Upbit TP#1 37.10 - 14Days TP#2 110-130 - 50Days TP#3 280 - 60Days-80Days
n a strategic move that has already yielded over 500% returns, our pitchfork range has proven to be remarkably effective. Recently, we shared our algorithmically-driven channel for Ethereum, a cryptocurrency that, when moving sideways, showcases an impressive accumulation of orders and unwavering respect for algorithmic levels. Currently positioned at the 50%...
Good evening from Ukraine! Dear colleagues, I am glad to welcome you! Too good to be true Work plan. Thank you all for your attention, I wish you success. Sometimes you win/sometimes you learn. - thoughts out loud - thoughts out loud - thoughts out loud P.S. ...Think positive
Good morning, fellow Crypto Weekend Warriors! As we review last week's technical analysis, it's clear that we've witnessed a successful range breakout and a backtest of the range high. The beauty of Crypto Weekend's 4-hour structure is that it consistently delivers results. Since our last update, we've achieved an impressive 19% return on our investment, and we're...
**Ethereum 2.0: A Bullish Beacon** Ethereum's future shines brightly as Ethereum 2.0's implementation gains momentum. This upgrade promises scalability and energy efficiency, aligning with the global shift towards eco-friendly blockchain solutions. Rising adoption in DeFi, NFTs, and institutional interest further fuels Ethereum's bullish sentiment. Technical...
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Historically, ETHUSD has rallied between 5,000% and 20,000% after creating a macro market bottom. If history repeats, then we may be looking at similar rallies in the upcoming future.
BYBIT:BTCUSDT.P Hey guys just a quick update on BTC... it's boring yes. that's why I'm staying patient and just risking 1% here and there so not trading much at all at the moment. So obviously you can see we are hanging at a bearish type of order block and the chart overall does look quite bearish for the time being or 'in consolidation' or as I like to call...
BTC has been trading slighly bearish every since we made a new 2023 high a few days ago. Some consolidation was to be expected after the huge pump that we got earlier. I'm anticipating a bullish break out of the channel. To confirm the break out, I'd advise to wait patiently for the candle to close above the resistance. Stop at 30.500, target at 32.000, more...
Hi, DXY (Dollar Strength Index) / GOLD compares USD's performance against the number 1 most correlated asset with BTC --> Gold . DXY is negatively correlated with BTC . The idea is when DXY/GOLD is bullish - USD rises , GOLD falls or both ; which is bearish for BTC . When DXY/GOLD is bearish - USD falls , GOLD rises , or both...
Based on M W D timeframes, everything seems quite bullish at the moment. The daily has recently broke structure to the upside. With that being said, price should continue the weekly impulse the the upside this month. USD seems very weak after the feds announced possibly its last rate hike. We should see risk on market conditions in the upcoming months in my...
Eth is trading in weekly ready for new range Looks good for new range open as weekly chart basics .
ACH has recently seen very decent price action, where it gained even when BTC was showing weakness. If you followed my previous ACH analysis you've already made some decent profits, congratulations. In this analysis I want to add another target to the previous one, since bullish price action seems to stick. I'm looking at $0.045 in the short-term (previous...
BINANCE:ETHUSDT Ethereum is on its own roof And since my opinion is the same with the fall of Bitcoin I can say that Ethereum can correct up to the range of 1600
i expect this movement to be a slowly decreasing line, down to around $1400 a sharp spike up to make it a healthy market. then followed by a strong bear market. We might receive a nice $30-$60 increase from this area but further downside is expected if we ever want to hit that new All Time High.