Hi everybody. Let's discuss the SHIBUSDT strategy for the new day! As expected, SHIBUSDT broke the support level marked on the hourly chart and turned it into a new resistance level that continued to hold the price, in a wave of corrections and sell-offs. It is expected that the technical down trend will likely continue. It is expected that this sharp decline...
Hello dear traders! Overall, BTCUSDT continues to stabilize below the $65,000 resistance level without too much movement compared to yesterday's trading session. At the same time, a cup-with-handle pattern is gradually forming on the 1-hour chart, indicates that a short-term correction is imminent, expanding the reach of short-selling investors into this...
Hello friends! Just as I predicted yesterday, the bearish momentum of the BTCUSDT coin is still maintained as it forms a head and shoulders pattern on H1, in a potential bearish channel. It is currently trading at $63,087 marking a drop of 1.09% on the day. Overall, in the current context, both fundamental and technical are signaling a downtrend, we are waiting...
Hello everyone! On H1 before, we can see a changing trend, followed by a strong selling phase, reaching a level of $63,122 at the time of writing. Speaking of breakthrough: The support level at $63,200 couldn't make the BTCUSDT market turn around, and the short-selling strategy continues to prevail recently. The technical downtrend seems to be gradually...
Hello dear traders! Today, BTCUSD continued to recover from last week's chaotic fluctuations. The price has remained stable within its trading channel and has shown an impressive recovery after approaching the lower boundary of the channel. At the same time, a bullish flag is gradually forming. Theoretically the price will quickly break the upper limit of the...
Hi everybody! Breakout from the price increase channel has caused the product to drop in price impressively. It is currently trading at $143.63 and appears to be outpacing the bears entering the market as it not only successfully defended the breakout resistance but also sent the price plummeting 1.06% year to date. in. Overall, the bullish structure is under...
Hello dear traders! Overall, the downtrend of SHIBUSDT continues to develop, the support level on the rising price channel cannot make this coin turn around, but the downtrend continues to develop. The bullish structure is under threat, the market is having a sharp sell-off. Expecting continued selling following the market trend, I expect the 5 Elliott waves to...
Hello dear traders! Overall, we see a trend change, then the market moves into a consolidation phase and reaches 157.12. Sellers have less and less chance to hold the resistance zone because the uptrend is so strong. According to statistics, the strongest fluctuations are after a breakthrough. In the current scenario, as long as the 146.50 support level holds, a...
Hello everyone, it's nice to meet you again to discuss and strategize for the new day! Overall, the 155.00 support level failed to cause SOLUSDT to bounce back and the downtrend continued, clearly moving on the 2-hour chart. Before that, the structure of the bull market was broken, which could generally determine the medium-term potential. The 153.00 resistance...
Hello dear traders! The global trend is bullish, the local trend is bearish. The fundamentals are neutral (for now). Overall, the adjustment period is not over yet. In this scenario, there is a high possibility that the price will test the channel's support and form an uptrend. In the scenario mentioned above we want to mention the breaking of the descending...
BTCUSD Trading Strategy: BTCUSD risks are still tilted to the downside. A Descending Price Channel started to appear on D1, which usually determines our short-term outlook. It seems advisable for investors to consider strategies of selling for profits rather than buying at this time, until the designated support level is reached. From the D1 chart, BTCUSD is...
Hello dear traders! Overall, BTCUSD is changing the structure of the market observing a broken bullish technique, which can generally determine the medium-term potential. Price is testing $64.685, aggressively defended by sellers amid a wave of corrections and sell-offs The bullish momentum in general has been exhausted, the support level of 64,685 USD cannot...
Hello dear traders! Overall, the down trend of BTCUSDT continues to form. A flag setup is gradually forming on the 4-hour chart. Theoretically, the price will quickly break the current market structure and correct further. This can generally determine the medium-term potential. The price is testing the 0.618 and 0.5 Fibonacci levels equivalent to the $64,801 and...
Hello friends! Currently, BTCUSDT is still continuing its recovery trend, with prices above the $66,000 mark. Specifically, it is trading at 66,730 USD, up 0.47% on the day, and the uptrend is still popular with medium and long-term investors. Observations across different time frames show that BTCUSDT is making significant progress, with a promising bullish...
Hello dear traders! Let's discuss and strategize for the new day with me! Overall, SOLUSDT which experienced significant volatility yesterday continued to decline significantly for a third day, trading around the price of $132.50, down 4.45% at the time of writing. The downtrend is very strong as it is stable on the 1D chart. Two key support levels at 170.00 and...
XRPUSDT Trading Strategy: Today, XRPUSDT continued its downtrend, currently hovering around $0.5482, marking a 1.42%% decrease on the day. Personally, I still lean towards a bearish outlook, as the price is still below the limit of the rising channel. As long as this price channel remains unbroken, XRPUSDT is likely to face continued selling pressure. Keep an...
Hello dear traders, please join me and plan your newdays strategy with me! Overall, BTCUSDT continues to show weakness on Friday! The price quickly retraced the decline to $63,900 but remained stuck in the down trend. Technically: The 1D setup shows bearish market resistance along with a strong EMA 34.89, which creates an equivalent reaction (reinforcing the...
Hello dear traders! Let's update the ETHUSDT strategy and discuss this idea! Overall, the lower highs and lows reinforce the bearish outlook for ETHUSDT, which is currently trading around $3,249, recovering 0.93% today. With the current general trend and the consolidation from the EMA 34.89 technical indicator, investors should still monitor trend-following...