Looking to buy shib from current low levels to ride to new all-time highs. A lot of positive news about Shib & Microsoft have caused a lot of investors to prepare for any major announcement from the company to back the meme coin. Im buying simply because my technicals line up at this level. TP 1 - .000052
11/02/21 - Dash has broken out of heavy downward momentum. Looking to rally towards $283-325 dollars before I project a pullback before continuing towards $494 first TP level before $500 a coin.
Factor 1: Elon Musk selling some of Tesla's investments in BTC & publicly denouncing it, removing the ability to pay for a Tesla with it & saying it is not environmentally safe. This could lead to many other companies following TSLA & opting out of the use of BTC. TECHNICALS: We are looking at BTC on a Daily Chart. RED LINE - DAILY GREEN LINE - 4HR BLACK -...
Monthly/Weekly Timeframe the market structure of BTC and how it has pushed up to new highs and completed ABCD Fib. The second part I showed where we are currently after completion of D extension. BTC is currently pulling back and looking to create a projected C point around $13000 area. This is where we are looking for continued buys to upside D extension of...
This is based off previous idea. BIAS: Buyer momentum has slowed down and selling momentum is raising. EVIDENCE: - Daily chart shows buyers diving & sellers raising, previous Huge Bearish Engulfing Candle & FIB C Retracement at 61.8 PRZ. - 4HR chart ADX indicator shows sellers trending and buyers dead. EMA & SMA Crossed indicating a switch of trends....
BIG BOY: Overall Trend Huge Uptrend for Several days. Market came up and tested and made an Engulfing Bullish Candle breaking through the Long Term trend line. Next Day Market Made a Wicked Engulfing Bearish Candle, breaking back below the LT Trend Line. Now: Current Market Conditions On the 4 hour chart, the market retested and was held below 32.8 PRZ...
0.7330 Level is heavy Resistance. 0.7344 Was levels high point. Price was rejected and is being brought down. This is a swing trade hold. First Target is around 21.3 Fib retracement level.