SOLANA has been trading inside this pennant for nearly 4 months at this point. Since the pennant is being formed at the end of a strong bullish trend, I'm treating this as a bull-flag pattern. My anticipation is that SOL (and many other tokens) are currently preparing for their next leg up. See signal on the chart.
Hey fellow crypto enthusiasts! Let's dive into Bitcoin's recent price action and what we can expect in the coming months. The Correction Phase: Why It's Not All Doom and Gloom First off, don't panic about the current correction phase. After the halving, a correction was not just expected. It’s healthy! Think of it as Bitcoin catching its breath before the next...
Hello friends, I always provide short-term analysis in my trades and the analyses I conduct because market conditions are variable and can change rapidly. The longer the analysis timeframe, the fewer factors and conditions it incorporates for potential changes. So Don't looking for long-term analysis! Let's start with the Bitcoin analysis: After hitting a new...
Hello friends, I always provide short-term analysis in my trades and the analyses I conduct because market conditions are variable and can change rapidly. The longer the analysis timeframe, the fewer factors and conditions it incorporates for potential changes. So Don't looking for long-term analysis! Let's start with the Bitcoin analysis: After hitting a new...
Against popular belief, it is what it is. unfortunately, it's not where people want it to be. People want to think I am anti Bitcoin, or negative to the cause. Again, this could not be further from the truth. I'm just one of the lucky ones in early and care very little what it does at the moment. It's clear people try to find bullish narratives especially...
Bitcoing dominance at a critical level now. If BTC.D break upper line with weekly candle, BTC will pump more and BTC will make a new ATH in 2024. Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The...
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Watch this level, bias is still on the down side..but if things changes we might see some bounce .. Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the...
Many see this ETH/BTC price ratio as the ignition for the Alt Season Price is flerting with a long multi-year resistence, since 2021! A strong break out here will signal the so waited Alt Season, but first there must be a retest of the lowest purple line, the Beam Band bottom line Also here, we are still waiting for a local bottom blue tag from Hodlfire...
🔍 Technical analysis: Corrective leg C scenario - In the weekly time frame, wave 5 continued up to the 2.618 Fibo area. -After that, it entered a combined cycle correction. According to the selling pressure candle in the supply area in time 1W, it can be considered that the upward corrective wave B has ended. - In the analysis of the previous post, the...
From where we put the green flash on the chart, it looks like BTC correction has started. This correction is a triangle or a more complicated pattern, in the first step we wait for the green range to drop. By maintaining the specified supply, it can move towards the targets. Closing a daily candle above the invalidation level will violate the analysis For risk...
Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost". Have a nice day today. ------------------------------------- (1M LOG chart) (1D chart) You can see that money is flowing into the coin market. - For the coin market to continue its upward trend, - Check if BTC dominance can fall below 55.01 - Check if USDT...
I already entered and if anyone use this analyse for trading make Sure to move your stop to entry point once 30 pips running. if broker thro mentioned resistance zone analyze recommend to cut lost and enter for buy trade. use at your own risk
Hello, solid lines = support..... they become resistance in the future. dotted lines = resistance.... the become support in the future. I look for signature harmonic patterns, and then find them in our recent history... like from 2 similar moves prior, on whatever time frame. this account for the foreground and background arguments. one each level (at every...
Bitcoin just dipped into 58k level, through a significant keylevel and imbalance. Will it go up? Will it go down? I am discussing in the video.
Current downtrend seems like it is slowing down with the ranging price action. This might provide an opportunity to trade a Long bounce. Details are discussed in the video. :) I am always happy to hear some feedback or thoughts by you. Take care!
My vision about this cycle. First rate cuts are bullish, at least 3 of them, and soft landing will open the bearmarket.
In this post, Bitcoin's past behavior, including impulse and correction waves, is analyzed to forecast what could happen in the future. So, let's jump to the main point. The first Bitcoin move (including the upward and correction waves) lasted much shorter due to initial acceptance. If we do not take into account Bitcoin's first move, the next three major moves,...
According to the previously presented analysis, after exiting the downward channel and pulling back to it, it grew by more than 55% to the specified range. After that, there was a three-wave correction up to the green box range. Currently, two behavioral scenarios can be considered to continue its path. 💎 First scenario: in case of the inability to penetrate and...