ARIES
$CVC/USDT: Moon Trading & Technical AnalysisCivic is looking really great for a long position. I am already holding a lot of this token and I am super bullish for the next week and half (till the Scorpio New Moon) when I trust prices will skyrocket! However, nobody can predict the future of the market and any attempt to do it is just a personal and subjetive opinion.
This is not financial advice but for educational purposes only! Always do your own diligent research!
$COSMOS/USDT: Moon Trading & Technical AnalysisI am seeing a potential great setup on ATOM once we have a clear pullback from this pump. Make sure the RSI is below 20 level or as close to that level as possible before you go long!
Not financial advice but for educational purposes only! Always do you own diligent research!
$CVC/USDT: Moon Trading &Technical AnalysisCivic is looking very nice with several potential scenarios as we can see on the 1D chart. We are not having volume enough (above the average), but the sideways has been too long and we are between Full and New Moon, so let's see what happens. Personally, I find a great potential on this token.
Not financial advice, but for educational purposes only. Always do you own research.
$LINA/USDT: Moon Trading & Technical AnalysisLina is looking very good for a long position, more considering that the extremely bullish pattern is between a Full and New Moon, a period where prices usually skyrocket. RSI is below 20 level and the blue line is crossing the red. What do you think?
This is not financial advice, but for educational purposes only. Always do your own research.
$BTC/USDT: Moon Trading & Technical AnalysisWhat do you think? Skyrocketing? Everytime the RSI is below the 20 level and the blue line is crossing the red one and a bullish pattern is formed on the 1D chart, is a great opportunity to go long, specially between a Full and a New Moon.
Not financial advice, but for educational purposes only. Always do your own research.
$BTC/USD: Moon Trading & Technical AnalysisAs we can see, Bitcoin has to overcome two more supports on the Fibonacci retracement before truly and strongly going to higher scenarios. The current daily candlestick is breaking down with a massive volume over the average which means the big players and whales are involved in this particular price. The market doesn't want the price to go higher just yet. There is a little bit of manipulation as well as a psychological response from the overal market to the new ATH.
I don't advice to go long unless you are buying in the area below 20 level on the RSI. At least, in my trading plan this always works.
Once the RSI is on below 20 and Bitcoin is rejecting the Fibonacci retracement's supports, I am going long very hard.
Not financial advice, but for educational purposes only, always do your own diligent research.
Peace! Be safe and profitable!
$BTC/USD: Moon Trading & Technical AnalysisBlessings dear traders of the Moon Trading family! I truly hope everyone is doing well and being extremely profitable! A profitable trader is the one with a great risk management and who knows to cut loses sooner than later. Be that trader for the sake of your millonaire future you!
That said, let's check what BTC has been doing! We can see that the Fibonacci retracement is amazing when applied to BTC, specially in bigger timeframes. The deepest support is at the level of the Golden Ratio which is $48.000. The much easier support to retest is at the level of the 0,236 Ratio which is $57.577.
What to expect on this powerful Aries Full Moon ? Well dear traders, usually the restest before going to the Moon is at the Golden Ratio, which personally I think is too far away by now considering all the extremelly bullish news of the coming BTC's ETFs. However, that would be a fall of just %20 ish from the current price, which is %5 less than the last Full Moon, so in theory it could easily happen.
I will be a little bit more conservative considering how bullish October usually is and I will go with a retest of the 0,236 Ratio ($57.577) and possibly the 0,382 Ratio (around $54.000) being %6,66 and %12,12 of average fall in both cases, respectively.
Remember dear family, never under any circumstances try to cheat the market or go against it, you will always lose. Instead of that, just wait for several confirmations before going short or long. It is much better to wait to the next Moon if you miss one, than to cut the trade with big loses because you didn't follow your plan or even any plan at all.
Plan the trade, and always trade that plan! Don't speculate, don't gamble, don't do spiritism with trading, this is a financial and comercial science that you must study. Set a goal, 1 hour per day, or 2 or 3 or 8 if you can, take it seriously! And you will see your profits become x10 greater that your 9-5 job. Once you are there, you keep doing the same, but now creating generational wealth and financial freedom not only for you but also for your entire family!
Peace and be safe!
$DXY: Moon Trading & Technical AnalysisEvery time this index goes up, stock and crypto markets go down, sooner or later, whitin the same day, and even in the same hour. The accuracy of this intermarket connection is highly great and for many fundamental reasons this is totally reasonable.
As well can see here, $DXY is absolutely synchronized with the Moon phases, every single month, having an average growth between 1% and 3%. Right now, we can see in the RSI that it broke in a down trend on the daily chart. This means that we will see stock and crypto markets to raise a little bit more, till the Aries Full Moon, when usually prices bottom. Once the RSI for this index shows undervalue and the daily candlesticks are testing the support I draw in the chart, it is very likely we will see a bounce up. As long as any important catalyst shows up.
If you are a Moon Trader as myself, or you are doing Swing Trading and you are already in great profits, I would suggest to set a SL so you don't lose your profits with the drop of the Full Moon and later on, once the RSI for the particular cryptocurrency or stock you are insterested in shows a buy signal (blue line breaks up trend over the red line in the undervalue area) then you can take a long positions using your initial investment plus your profits.
We need to keep an eye on this index and the news of the FED and the US goverment, because as you will see, they impact heavily on this index and by extention, in the overall market conditions.
This is not financial advice, but for educational purposes only. Always do your own diligent research.
May you have a great and profitable day!