TS ❕ BTCUSD: short is relevant Short from the level of 38079.65 and near this level is preserved. The short-term downtrend is likely to continue. However, in the long run, perhaps something is brewing in favor of buyers.
SELL scenario: The opening of short is relevant now. Of course, the most conservative option will be short from 38079.65.
-----------------------------------------------------------------------------
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
BCHUSD
Bitcoin Cash - BCH - Seriously BullishI Can see a 138%^ Projected bullish uptrend in the coming months, you will see.
The block size being increased will allow for this to accelerate.
COINBASE:BCHUSD
KRAKEN:BCHUSD
BINANCE:BCHUSD
BITSTAMP:BCHUSD
BINANCEUS:BCHUSD
BITMEX:BCHUSD
FTX:BCHUSD
PHEMEX:BCHUSD
BITTREX:BCHUSD
GEMINI:BCHUSD
TRADESTATION:BCHUSD
CAPITALCOM:BCHUSD
POLONIEX:BCHUSD
As you can see from various Ideas I'm never wrong.
TS ❕ FTMUSDT: good longThe coin worked out yesterday's forecast remarkably and now a retest of the level of 2.5310 is expected. This level now represents resistance and will remain as expected.
BUY scenario: The current price is very good for going long. The price is located at the support line, which contributes to growth with the target at the level of 2.5310.
-----------------------------------------------------------------------------
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
TS ❕ ETHUSD: small up tooEthereum is also gradually approaching the resistance area. Now it is assumed that this movement will continue after which we can again expect a downward movement.
BUY scenario: It may be too late to buy, but one can try with a small volume from current prices. The target is the border of the downtrend channel resistance. For the target, although difficult to reach, we can take the level of 2938.00.
-----------------------------------------------------------------------------
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
TS ❕ ETHUSD: SHORTAfter a slight recovery, sales continue to be relevant for ETHUSD as well. It is assumed that the coin will update the lows. Perhaps ETHUSD is slowly starting to reverse.
SELL scenario: Sales can be torn off from the current ones, or you can wait for a possible even small rollback up and then enter.
-----------------------------------------------------------------------------
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Bitcoin Cash? More Like Bitcoin CRASH!Bitcoin Cash (BCHUSD) has continued to pull back lower and sharper. We have hit a support at around 262, which may be the final low for our GREEN primary pattern.
Green Primary Pattern
Breaking the December 3rd low tells us that we are now pulling back deeper in a more conventional 5-wave C-wave instead of a 3-wave zigzag. If we are done with the correction or close to done, we'll have a to see a sharp impulsive 5-wave structure up really soon! Seeing anything other than this would more or less invalidate the GREEN pattern.
RED Alt Pattern
Turning back up and rallying in a clear 3-wave structure would make it very likely that the RED is the primary pattern in operation. This would call for a corrective bounce back up before a much deeper crash to complete the larger impulsive C-wave down. However, I am seeing this as a smaller and smaller possibility as this leg of the pullback is getting too far stretched downward to be counted as only a 1st wave. Breaking below 219 makes it far more likely that the PURPLE pattern is in operation.
PURPLE Alt Pattern
Stretching directly lower would instantly make the PURPLE pattern our primary. While the chart shows BCH going as low as 115 or so, there are several strong Fibonacci confluences below, any of which could form a bottom. The 186 extension is the point at which the C-wave would be the 1.00 extension of the preceding A-B structure, and this is typically the strongest possibility for the end of a correction. Seeing any kind of impulsive 5-wave rally upward would likely signal the end of the PURPLE correction.
Check out my YouTube explainer vid on BCH!
I use Elliott Wave analysis to project price levels for different assets and asset classes. EW is a form a technical analysis that is absolutely NOT based on fundamentals. Please be aware that this is not intended to act as financial advice. I am not a trained or certified financial professional. You may invest based on a strategy tailored to your own skill and risk-tolerance levels.
#bitcoincash #bitcoin #cryptocurrency #bitcoinmining #bitcoinnews
TS ❕ BTCUSD: deep fallThe coin practically continues to fall non-stop. Bears are strong and you don't have to think about buying. The price is expected to approach the round and very significant level of $30,000.
SELL scenario: It is difficult to guess the entry point for the sale now. As such entry points, a resistance line can be offered, or a more conservative option is to sell after the price approaches 38079.65. Now there is a resistance area 38079.65 - 40964.75.
-----------------------------------------------------------------------------
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
TS ❕ ADAUSD: long optionLike other coins, sellers broke through support and rushed down. ADAUSD is already under a strong bearish trend. However, the coin has a chance to recover if the price returns above the level of 1.26026152.
BUY scenario: Therefore, we consider buying only if the price fixes above the above mentioned level. In this case, a false breakout will be created and the coin will potentially grow well.
-----------------------------------------------------------------------------
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
TS ❕ ETHUSD: recovery is expectedThis coin also collapsed and the fall will continue in the medium term. Now the price is in the support area and most likely ETHUSD will recover slightly to the level of 2938.
BUY scenario: One can open trades in buy from the support line of the downtrend channel. Such an entry point will be the most optimal.
-----------------------------------------------------------------------------
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
TS ❕ ADAUSD: sellers prevailSellers still managed to come under the level of 1.42010910, which now entails sales. Only closing the price above this level will allow you to think about longs.
SELL scenario: An approach to 1.42010910 is expected, and if the price does not close above this level, then this is a confident short with a target of 1.25689433.
-----------------------------------------------------------------------------
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
TS ❕ BTCUSD: price is accumulatedThe coin continues to accumulate in the range of 40964.75 - 43480.15, thereby bringing itself closer to a further fall every day.
SELL scenario: The upper limit of accumulation level 43480.15 acts as a good entry point for selling. The target in this case will be the level of 40964.75, but we can expect a deeper fall towards 38000. In general, the price area 43480.15 - 45773.20 is a resistance from which one should look for short.
-----------------------------------------------------------------------------
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
BCH - 2 levels To check out Hello trading friends,
This is a small update for BCH.
BCH is an interesting zone for possible new gain. this depend also on the BTC market.
We could see depending on the simple TA trend that BCH could return to the zone of 400 USD coming time.
If we get a new increase on BCH, then are the next 2 levels very important for a time frame.
Have a great day.
BCH - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
BCH is sitting around a strong support zone in green so we will be looking for buy setups.
on DAILY: BCH is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, BCH would be overall bearish can still trade lower till the lower green support before going up.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich