piccard54

piccard54

If the 275$ level fails to hold i will short it in the retest of the breakout, very unlikely due to the strength that BNB is showing. If the US Dollar continues to go higher all will collapse very hard. The most likely thing to happen is the invalidation of the pattern and further upside movement. So: If 275$ is broken with a daily close under it i will open a...

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Hello traders, after having made a long research i think that dot could make a very strong move to the upside due to the falling wedge pattern that printed on daily time frame. In my opinion it looks really bullish, but not only for the falling wedge on daily, it has also descending volume witch is a confirmation sign and means that to see an increase on volume...

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Hello traders, as you can see Gold printed a double top pattern witch is usually a reversal sign , it tells the end of a trend. However it is not good to make conclusions too quickly. The pattern is not confirmed until we see a truthfully breakout of the actual support. The most likely thing to happen it is to hold it and bounce back again. In conclusion: If...

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As you can see in the chart this is a book long, Lite-coin has managed to hold very well the support of 41.5 touching it three times that signals a triple bottom pattern. The pattern is confirmed once the price breaks the highest point between the bottoms that is 51.7. It broke out and now we have a wonder full entry after the retest of the breakout. I will enter...

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As you can see in the chart Bitcoin looks very bearish, it has reached the previous bull market high witch is a strong support, but it broke this one and closed a daily candle under it. It has made lower lows but if you look at the Moving Average Convergence Divergence indicator it hasn't reached new pronounced lows while bitcoin has. It has formed a clear triple...

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As you can see BAND just printed a bearish flag in a 4h time frame chart. Taking in to account the current market situation i think that we can expect a retest of the lower trend line of the flag. That is too a retest of the 55 4h exponential moving average and the retest of a strong broken support. I will open a short position at 1.428$ with stop loss at 1.56$...

piccard54 Updated 

Hello traders!! After having made a quick analysis i think that it could be a good moment to enter a long position in UNISWAP due to the reversal pattern that shows in 4h time frame. The inverted head and shoulders pattern signals a book long. The correct entry is when the pattern is confirmed, that is when the price surpasses the neck line. There is two...

piccard54 Updated 

After having made a big research i think that we can expect more dump on Bitcoin. I have made a weekly time frame analysis and saw too much coincidences with the previous bull market(2018) downside movement. But i will go first with more recent time, we will look a that later. At the moment we can see a clear double top pattern with the highs of April and...

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Judge by the info in the chart and make your own research, possible more downside move on BTC. 2014 375 days of bear market and -85% move. 2017 365 days of bear market and -85% move. 2022 217 days and ?? 148 days remaining? bottom to be printed in November? Are we going to hit the 10500$ level? It's all programmed? I don't think so, but everything is possible,...

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Hello traders!! Here we have a 4h chart of CHZ with the price situating in a decisive zone, this is a strong resistance, breaking it will mean that chz will blast and go to higher but if it fails to break out this level it will be a bearish sign and the price will tend to reach lower levels. At the moment in my opinion a break to the upside is more likely due to...

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Hello traders!!! If you look at the 4h chart on ADAUSDT you can see an accumulation triangle that i will interpret as a bullish sign. Taking in to account the strong upward movement that Cardano started last week it seems that the triangle is indicating an uptrend continuation. If you look at the volume, it is decreasing, witch means the market is refusing to...

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Mana has printed an descending triangle with decreasing volume, according to my strategy this is a book short. As you can see in the chart mana failed to break through 1.35$ level witch is a strong resistance and then the price kept decreasing till the 1.02$ drawing the mentioned pattern. I will use volume as confirmation for this pattern because in my opinion...

piccard54 Updated 

Btc just printed an ascending triangle pattern in 4 time frame witch is a bullish pattern. The small problem is the point that i broke the lower trend line and is currently retesting it. According to my strategy this is a strong bearish sign and it might be a good idea to enter a short trade now at the level 30k-30.5k but this is a little bit risky level to...

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If bitcoin drops again to local low at 26k alts will follow, it might be a good idea to enter here a short trade because it looks like btc is going to drop now. The reason for choosing this coin is that it just hit the resistance level and here we have two possibilities: 1-Btc drops hard at weekend and we make a 30% profit shorting it till bottom. 2-Btc pumps and...

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Possible massive longs liquidation, this might not be the bottom. Always use stop loss and be safe. A this moment you can think ohh btc is so cheap im going to get a bag, i will be a hero, i will catch the bottom. But witch bottom? the 39k, the 35k one or may be the 29k one, is the last one a broken support? It's true that btc is really cheap and i don't...

piccard54 Updated 

Hello traders, that's my new idea: Having made a long research I think that btc could reach lower lows and that 43k could be the turning point to the real drop. Because of this reasons: First, if you draw the downtrend Fibonacci Retracement from the wick of the 4th December 2021at 42k to the all time high the the 10th of November at 69k yo can clearly see...

piccard54 Updated 

Hello Traders!! That is my new idea: ADA is looking bearish at mid term with target 0.78 I will consider to enter a short position in ADAUSDT due to the following reasons: -Ema 21 is crossing 55 in daily time frame -Broke 1$ support last week -Formed a bullish triangle in 4h time frame, it broke the lower triangle(bearish sign). -Now the price is currently...

piccard54 Updated 

Hello traders!! That is my new idea : Doge is looking bullish mid term target 0.21 I will consider to enter a long position here in DOGEUSDT due to this reasons: -Falling wedge patter with upper line already broken -Price situated over a medium support and congestion area that was broken with the BTC drop and reclaimed -Descending volume Procedure: Entry now...