The scenario is BTC gonna pump since a lot of people expecting a down slide of BTC and when everyone expects it is most likely that it won't happen. But here we gotta see the pappern and stick to the TA without emotions and assumption. For now, I am bullish. Are you?
A last run will be able to trap a lot of shorts and then a lot of longs. Keep an eye on the chart closely! Will be updated soon!
As long as BTC holds its last bull run resistance as a support, we cannot assume it to be bearish in any way. Just Zoom out to weekly chart and it is easy to see everything going on
After the ICP pump, it is time for ALGO to pump to Weekly 100 MA!!
TrueBit aims to address the scalability challenges faced by blockchain networks like Ethereum, where the execution of smart contracts can be resource-intensive and time-consuming. The protocol introduces a layer 2 solution that offloads some of the computational work from the main blockchain while maintaining security. Here are some key aspects of the TrueBit...
Keep an eye on this bull flag. 66.66 percent chance of winning. GET READY!!
Isn't it obvious..I mean no idicator is necessary. A Sheat coin going back to sheat!! Will come back of course but I don't see it above 40...VERY SOON!
Gala is a decentralized gaming ecosystem that runs on the blockchain. The Gala token, the native virtual currency of the Gala network, is used to power all transactions within the ecosystem. Gala has a wide range of games designed to appeal to all types of gamers. The games on the Gala platform are provably fair and transparent, and all transaction data is stored...
Short-term trade! Short it!! Lower high is in and now lower low or same low and then change of character.
Confluences to short: 1. Breaking out of the rising Bear Flag (watching) 2. Head and Shoulder pattern (confirmed) 3. Bearish Divergence on WEEKLY (confirmed) 4. Closing and retesting below 50 days EMA (watching) Will be updating you guys on step by step process, stay tuned. NOTE: DON'T SHORT IT YET, WAIT FOR ALL THE CONFIRMATION. TRADE AT YOUR OWN RISK.
Eth is showing weakness now and had a double top. Also, waiting on the The3eyedscalp indicator to turn red on weekly before I short it with the volume.
As we can see the coin is chilling below the support and look like it is getting ready to take a dip further down.
In trading, the term "head and shoulders" refers to a popular chart pattern used in technical analysis to predict potential trend reversals. The head and shoulders pattern typically forms after an uptrend and is considered a bearish reversal pattern. It consists of three peaks or highs, with the middle peak (the "head") being higher than the two surrounding peaks...
Matic on weekly showing a very weak chart. The The3eyedScalp indicator is turned red as well as the trend has been broken already.
As I have updated my last Kaspa chart regarding the warning of potential drop. I'm just gonna Post a new chart. This channel id only for OGs who don't just blindly follow "TV influencers". As you can see there was a major resistance and we got reflected back from there.
What Problems Does Kadena (KDA) Attempt to Fix? Kadena (KDA) solves a variety of problems that continue to hinder large-scale blockchain adoption. For one, it helps to reduce inefficiencies due to inoperability across industries. The network’s multi-layer structure enables it to unite public applications, private blockchains, and other networks in a secure and...
Will see Will see...gonna be a long year. Accumulation Zone is very close!!
PLEASE READ CAREFULLY: Bearish divergence is typically recognized through the following characteristics: Price Highs vs Indicator Highs: In an uptrend, the price of an asset tends to make higher highs, indicating increasing buying pressure. However, if during this time, the indicator (e.g., RSI or MACD) fails to make higher highs and instead forms lower highs,...