ETHUSD is about to drop. It's currently making a new lower high at the 61.8%
Look for a move back to $1,000. LONG TERM SWING.
This is not financial advice. This is for educational purposes.
This chart proves price will always return to the Macro Pivot Point.
Being that we know this FACT we build our strategies and formulas around this objective institutional structure.
This structure resides right above the body of the candle to the top of the wick.
We also KNOW that wicks identify price action and structure. This is also an objective...
ETH is currently moving up a Rising Wedge pattern on the charts It has tested the daily resistance a few times without a clear breakout The Trend line indicates where ETH has previously attempted to break out but has failed
My position is that ETH will either try to break the resistance again as it heads to the top of this Rising Wedge pattern OR it will fail to...
Bitcoin as a cryptocurrency, has been taking a long run from prior levels, being days on the downside. To avoid the mistakes of oscillators, a better and more secure technical indicator was needed. This will avoid going against the trend, whos is very clearly identified. Also, corrections are made, even when a change of direction seems to be showing up. The plot...
A closer look into the latest move on Cryptocurrencies such as BTDUSD. On the chart, a 15 minutes timeframe, but in 1 minute, we can follow even closer for a more up to the minute entry exit signals identification. For educational purposes only and not intended as a financial advice of any kind.
hello traders, there was hardly any set up lately in the EU however, there was a big buy, but some of us missed the opportunity. So therefore, I have multiple bias of ideas for you guys to see and look at. Highly recommended for you guys to wait at least 2 hours for the candle to close to make your decision. You can see it was making HH and HL. During this time I...
Since it did not retest the GAP below, it looks like it will continue to go to the neckline of the Head & Shoulder and then shoot down to the gap. However it is making LH from the retest neckline
Hey there,
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Got a beautiful ascending triangle on XRPUSD!
Of course price moves of XRP depend on moves in Bitcoin, so watch out for what Bitcoin does!
Cheers,
Konrad
As we can see here, there is an enticing level of so called resistance on the daily and the 4 hourly chart. Price has moved away from this area and novice traders have gone short. It is very easy to predict where stop losses will be. Notice the decreasing volume as price shorts away from the "resistance". If the collective amount of people doing the same thing...
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SHORT INTEREST
576.71K...
How do you know if you are emotionally attached on Bitcoin?
Have you ever wondered how to gauge personal emotion in the markets?
Would it be nice if you could check a meter on your emotion levels to stop yourself from making bad choices?
I asked myself how I would find a good gauge for this many times... and over the years I have learned the only thing you...
The pair has dropped for the whole may, and the price is currently sitting on trendline support where also daily 200 ma is located.
It's also currently bottom for the channel and bulls could take the dominance from these levels.
There are few "roadblocks" for the upside movement naturally, and the first one is on the 1.83 ish where the decision for the trend is...
