Royal47

Royal47

Heavy resistance. RSI Bearish. Good short opportunity.

Royal47 Updated 

Market Update - Bitcoin - Indecisive Bitcoin has been in no man's land from the past few days. I was ready to short, when it got rejected 24600 level, but the recent impulsive move upwards move has made me invalidate that idea. Overall the whole market is indecisive. At this point, I am sitting on the sidelines, waiting for the market to do its thing and then...

Royal47 Updated 

$BNB is making a reversal, rising wedge. A good short opportunity has presented itself at the current levels with targets at 300-303$ range.

Royal47

Bitcoin Analysis - 1 August 2022 Btc is currently making a corrective structure after the last bearish impulse. The corrective structure has marked its high at 24xxx and is currently moving according to our analysis towards our final target of 16k. This is a very easy trade, with stops kept above the previous local highs and targetting new lows. Market is going...

Royal47

MATIC Analysis - 1 August 2022 MATIC is rejected from the weekly resistance level and is forming a big bearish flag. The current trend is still bearish and correction is completed for the next bearish move to start. Daily, as can be seen, is rejected thrice from the daily resistance level. We have a nice pinbar confirmation at the resistance. With bitcoin moving...