Jasmy coin loves to rally +10% a day, after breaking above the down trend printing it's new higher high, JASMUUSD is now in a pullback while $BTC is in support showing nice rejection as you can see here:
US500 has been down trending for almost 2 weeks, after the 3rd impulse to the down side we expect market to reverse back up for that double bottom especially after today's CPI news, inflation rate in the US reached 8.5%. My confirmation to take this trade are: - Bullish candlesticks forming a double bottom setup - Bullish Volume - RSI bullish divergence
For those who don't know Audius, here is a snippet from CMC: Audius is a decentralized music streaming protocol initially built on POA network, but now living on Solana. Audius was launched to remedy the inefficiencies of the music industry, which is plagued by intransparent music rights ownership and intermediaries standing between artists and their...
Back from where it started from in stop loss hunt mission, a break below 38500 is a strong sell signal! price will go down directly to 37700 and below. Remember: Exit while you can :)
$APE broke above the most important resistance in the chart, now retesting it. Waiting for more rejection to long it. First target is $20 then take some profits and let the rest run to $25.
I have became bullish on AAVE after Elon musk appoints AAVE's founder as Twitter Interim CEO. The H&S might be valid after a break below it's neckline and this W pattern will be invalid as price will go down hard. Anyway; keep watching $BTC for a confirmation.
While Ethereum struggles with high gas fees and the switch from pow to pos , Fantom is way more utile than ETH till they upgrade to ETH 2.0 maybe in 2023. For those who don't know about FANTOM here is a brief definition from cmc: Fantom is an open-source decentralized smart contract platform for DApps and digital assets that was created as an alternative to...
CROUSD price is down 60% from ATH (0.97), CRONOS has a very big upside potential with a good RRR 1:15 almost if you hodl to ATH. CRONOS is a sponsor of the world cup 2022 in Qatar, more volume will get injected starting from Q3 this year.
Chart says it all, after making a new higher high GBPAUD is now in a correction phase which is a good opportunity to go long. market direction is now reversing and this might seem more obvious after a breakout of the H&S neckline! for me, i prefer to take a long in the right shoulder to get a better RRR. Risking a max of 1% for this trade setup is okay for me at...
This is a bullish scenario for $BTC to reach $52k, nothing is conformed yet! This might get invalid after a breakdown of the bull flag. Trading is waiting.
After the break below of the H&S pattern, $THETA price is in a pullback move towards the neckline. Looking for clear rejection at the neckline to short it down to 2.6
Tell me not to short the pullback? very clear breaout of a strong support that has been holding for several weeks! Now price going for a retest before we see the massive sell off in $NEAR I've already anticipated this scenario as you can see here:
After up treding for several weeks, $NEAR could't print a new higher high and now price is in a correction phase bofere an impulse to the down side to print the new lower low! I am only taking this trade after a daily close below neckline of the H&S pattern. If price bounced from the neckline I will be waiting for the short in the shoulders resistance if market...
After the Gold rally to THE previous ATH 2070 because of Russia-Ukraine crisis, price now seems lacking of momentum. After the price reached ATH, we saw a massive sell off (-9%) price reversed back up from 1890 but didn't manage to print a new higher high above the ATH mark giving us a potential change in bias. One should keep an eye on global macro exonomics...
GBPUSD broke below 1.3 because of the UK PMI negative news, now looking for a potential pullback at 1.3 to short cable down to 1.27 Next week will be very volatile as thethe four largest U.S. companies by market capitalization: $AAPL, $MSFT, $AMZN & $GOOGL will report Q1 earnings! and this is something you don't wanna miss out if you are interested to trade this...
WILL IT BE THE FIRST TIME TO TOUCH THE MONTHLY 200MA AT 3.5%? While DXY continues it's rally towards new highs, 103 and beyond.