The price has been moving up after consolidating between two monthly zones currently marked as MS1 and MS2. This is a very nice pattern to identify for the bullish move and it was there in this case. Very beautifully the price osciallated between these two zones for a long time before moving beyong the MS1 zone. Everytime the price was pushed down from MS1 zone,...
This is simply ballistic. The major resistance before this move to all time high was 50k-52k region. The price shied away just a bit there before breaking that level and moving up.This itself tells the story of the strength of the moves in the past couple of weeks. The only resistance, which was left, was a weekly resistance at WR1 level but at those levels, its...
The price has been in uptrend since end of 2022. It has not broken the high it had set in 2021 but it has covered a significant distance from its low in 2022 end and has come close to its all time high zone. However, the price is currently trading at a weekly resistance level WR1. The price did experience a pullback from that resistance zone but quickly backed up...
The price has moved to the weekly resistance WR1 and got rejected from there on the first attempt and found support on the zone where weekly support WS1 lies. The price made another attempt at the weekly resistance WR1 only to get rejected again. The price is currently trading under this resistance after getting rejected. If the price lands on the support WS1 then...
The price action is suggesting BTCUSDT is very bullish. The same is confirmed from the last weekly candle close. This is just fantastic and says that coming weeks will have a very positive price action. We are currently in a small correction phase which shall end around 41700. We quite reached 8o 41900 so it could be that its the end of correction or if not...
The price was pushed down by the weekly resistance 1WR1. This was a significant drop which made the price drop by almost 15% from the recent high. The drop made the price land into daily support which is a strong support zone as there had been long accummulation in this area and therefore a sound bounce is expected from here. I think a long is favorable here. It...
The price has been trading inside and below the resistance for long. A few time, it managed to even go beyond the resistance zone, however, it did not manage to close above this resistance on 4h or 1D time frame. And this all price movement seems to be a consolidation before the upward move. Therefore, I think the breakout is near. A long is favorable from this...
The price has been attacking the daily resistance 1DR1 back to back. However, till now it has not succeeded to break it to the upside. Although it has been able to cross this level several times but has not been to manage to close above even on 4h time frame. A close above that level on 4h time frame will signal confidence of the price to move upward beyond that...
The price is almost revisiting the 4h support zone. Lets long from this zone by slowly adding to the position. I believe this zone will hold the price and make the price move up towards monthly resistance. The target of this trade should be 43700 which is also the start of the recent break down and also the entry into the monthly resistance zone.
I believe the price has retraced enough and has landed on the adjusted low time frame support LTFS1 and may be ready to bounce again. This time the bounce will probably clear the high it has made previously. However, partial profit taking on the way up would not be a bad idea. Let see how and where it goes.
Last long trade order could not be filled as the price moved further up without coming to our buy zone. However, now there is another opportunity for a long trade on this pair. The price broke out through daily resistance and now it is retracing . Currently it is visiting 4h support 4HS1 and I expect it to bounce. The target of this trade should be close to the...
The price has hit the low time frame support LTFS1 and it is lilkely to bounce from there. Therefore, a long is preferable here. The target of the trade should be 34.08. The stop loss has also been marked on the chart. If it loses that support, then it is heading towards 30.9 area.
Here is another idea for long on this pair. The price has been rejected by the daily resistance DR1 and it was pushed down hard a while ago. That was a good long opportunity as the price bounced really well. However, that bounce met the daily resistance DR1 again and it is again being pushed down by the daily resistance DR1. There is 4h support 4HS1 sitting below...
The price has visited 4h support 4HS1 and has alrready bounced from there. This support zone 4HS1 presents a long opportunity towards the next resistance 4Hr1. Any dip to the zone is for the buy towards 4h resistance zone. If it manages to break 4Hr1, then the next traget would be daily resistance DR1. In case it breaks down from 4HS1, the next support level is...
Here is a long trade idea on lower time frame. The price may head towards the low time frame support which when realized, will present an opportunity for a long trade. The target of the trade should be the top of this low time frame range which is around 71.25.
Another one with impressive movement in the last few months. The price has been moving upward for several weeks. Currently it is facing some pushback but there is nothing dramatic as of now. It looks like the price is headed towards the monthly resistance MR1 on the way up. That resistance zone is sitting around 100-125 area. I expect the price to pause or...
The move on this one has been pretty impressive. The price blasted through the monthly resistance MR1 on this move up and reached its all time high value. I believe it has a lot of potential to go further up. One should look for a good entry on this one for high time frame trade. Weekly support WS1 can be a good entry point in case we get that. For smaller time...
LINKUSDT has hit the monthly resistance MR1 and the upward move has been blocked by the monthly resistance MR1. The price attempted this resistance a few weeks back and got rejected. However, it made another attempt last week only to result in being pushed down. The price is currently trading just below the monthly resistance. Once this resistance is cleared in...