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#BTCUPDATE - 15.7.21 ARE WE GOING TO BOUNCE? No update on the bullish path from yesterday a bounce here will look to confirm a bullish H/S pattern and see a strong challenge of breaking the key $33k resistance. Losing the $32.2k here though could be devastating though - and a quick fall to $31.5k and then just losing support after support to $30.1k There has been a pretty tight consolidation since the rejection from $33k which suggests a big move incoming. We need to get above $33k to have any kind of foothold so right now it is bearish short-term still. My play is to long to $33k and then use a tight stop-loss - if we break $33k then an ambitious target of $34k. Losing $32.2k then targets are $31.5k , $31.3k and then a stretch to $30.3k.
by Kryptochristian
2
EXPRHeres how I entered my long position in $EXPR: On the daily chart, you can clearly notice the cup formation. Once I felt the handle had formed after some consolidation and testing support levels, I entered into a long call position off the support bounce from $4.5 setting my strike price for $5 (.30 cent per contract) EXPR didn't fail me once over the week, every prior day high that was broken, I increased my position size, bought a few more contracts and extending the expiration date to 7/9 and 7/23 along with increasing my strike level to $6 After confirmation on the breakout through resistance levels, I exited the trade selling at $1.20 per contract. *this is not financial advice*
ELong
by adamivori
61.8% recovery ?MATICSo from looking at the MATIC / BTC charts we have already done a 50% recovery from the bottom but I think we may see 1 more leg up to the 61.8% fib level before another pullback occurs. This is not a guaranteed leg up so I am watching closely to see where we go but it can turn downward very quickly considering the bearish flag forming in bitcoins hourly charts. This is not Financial Advice so please DYOR before investing into cryptocurrencies. This is a very volatile market and no place for ignorance unless you want to give you're hard earned dollars / fiat away to other people who took the time to educate themselves. Thank you everyone for all of you're support it means alot to me and for those of you who have not followed me please feel free to smash the like button / follow in order to continue to get daily analysis on BTC, MATIC, ADA which are currently the coins I am spectating at this given time. As always, Happy Trading Traders & Never Trade Leverage!!
MLong
by PacMan1337
MATIC AnalysisI do believe we are headed for a 50 - 60% recovery then we should see a small pull back and then I believe we will start to form a fall wedge then a breakout towards the recent (ATH) and pretty much into a new uptrend and back into the bullrun. This is not financial advice only my opinion using strategies and tools that I know in order to produce a analysis of my own. If you are new to crypto I recommend DYOR , Learn TA & NEVER TRADE LEVERAGE! If you like my TA, Drop a like / Follow I appreciate the support. As Always, Happy Trading Traders & NEVER TRADE LEVERAGE!
MLong
by PacMan1337
9
WOW....DOGE LOOKS LIKE ITS COMING DOWN FOR MOON LANDINGWHAT DO U GUYS THINK? Is DOGE gonna land hard going down with this daily head and shoulders pattern? if i did the technicals correctly we are looking at a 21 cent DOGE very soon as it looks as if it has broken the neckline, this could be a huge 25% drop/landing bearishly down down down, if im missing something please leave me a comment, if u agree please leave me a comment, if u disagree please leave me a comment, im sorry but i think that doge and possibly bitcoin have topped out and correction is further due, but we know "BUY THE DIP' and lets get rich, i hate to be a bearish of bad news but if this plays out then elon musk is about to lose 1/2 billion dollars lol sorry elon, maybe you should of not started this bear bearish correction huh? well enough said, u see the chart? it speaks volume but to the downside. SHA256BITTRADER WOW......WOW.... WOW... HEY DOGE COMMUNITY I KNOW THIS WILL STING NOW BUT U WILL REAP THE BENEFITS WHEN IT TAKES OFF AGAIN TO MARS WITH ELON NEXT TRIP IN SPACEX!
DShort
by TRADERBUG_TECH
1