XRP / USDT Binance Technical analysis with price predictionHello,
Today I will take a look at the XRP / USDT pair on Binance 4h timeframe. The demand zone is around $0.37 (the strongest around $0.35), and the supply zone is around $0.39. I can spot the falling wedge trading pattern, which normally results in an uptrend movement if it comes from an uptrend direction. $0.37 is a good buy setup. I expect the first target to be $0.39 and the second target to be $0.41. If the opposite occurs, we can expect downward momentum (bearish scenario) and a price of $0.35.
Enjoy & have an amazing day!
BF
Binancefutures
ETH SHORT USING ASIAN RANGEDay's Bias: Bearish
Plot:
Asian Range Implementation
Price takes out Asian Range High liquidity while mitigating GAPs.
Obvious liquidity build up below last LTF Swing.
Price to take out LTF Liquidity to finish the HTF Retracement before looking for higher prices.
Trade shall be closed upon reaching target or by end of NY Session.
ETH LONG AS RETRACEMENT TO GAP ON HTF DOWNWARD IMPULSE MOVEDay's Bias: Bullish
Plot:
Expecting return to opening price where a gap can also be mitigated.
HTF Equal Highs are obviously being targeted.
Price reaching for the GAP left from HTF down thrust.
Expecting a Long Setup to occur within London Session.
Trade shall be closed when TP reached or by end of NY Session.
GMTUSDT Long IdeaGMTUSDT is a hidden gem waiting for a nice move and explode to all time highers. I expect it to reach its target withing the given timeframe. It wont be longer until we reach that timeframe.
My setup for this is :
: 0.51 - 0.60
TARGETS
Short Term: 0.64 , 0.70 , 0.73 , 0.76
Long Term: 1.05 - 1.30 - 1.60 - 1.95 - 2.30 - 2.66
STOP LOSS: 0.46
Please be aware with your money, its not a financial advise but rather a signal.
Time to long bitcoin once again!Hello everyone, hopefully you listened to me in my previous analysis when I said to keep leverage low because the trade was risky and we could go down a bit more.
Well we have went down a bit to where I knew bitcoin was possible to fall to, so lets long again! This trade will be extremely profitable, similar to our Ethereum Short from $2000 or bitcoin short from $24k!
I knew bitcoin might fall down more which is why I said the trade was risky, but I also knew that we are definitely going up in this current area that we are in (19k-20k).
I am expecting a good Bull rally that will take us up thousands of dollars to $22k,$23k, $24k and beyond!
Lets enter this long ladies and gentlemen!
ENTRY: Enter right now a little bit and wait because it may go down $100-200 before going up more.
Stop Loss: $19,200
TARGETS:
TP1 $21,000
TP2 $22,100
TP3 $22,800
TP4 $24,200
Time to Long Bitcoin!Bitcoin is turning bullish, I have longed both Bitcoin and Ethereum.
If you are also long please be aware that it is a risky trade because bitcoin was in a strong downtrend which may very well continue but I believe we have a good chance of going up from here!
Stop Loss : $19,600
Targets:
TP1: $21,100
TP2: $21,700
Bitcoin might go further than $21,700, but there will be resistance when we approach that area.
I will make an update when we approach that area!
ETHBTC Looking Bearish!Ethereum / Bitcoin pair is looking pretty bearish which will cause $ETHUSDT to drop too.
Although Bitcoin has the possibility of going up, like I stated in my recent bitcoin analyses, I do not think $ETHUSDT will go up too much because of $BTCUSDT.
$ETHBTC will stop $ETHUSDT from going up, and like I stated in my recent analysis, $BTCUSDT does have the possibility of going down.
If $BTCUSDT heads down, then I $ETHUSDT will suffer very hard because we will have multiple factors bringing Ethereum down.
I called $ETHUSDT from the top at over $2000 ;) check my profile for proof, and follow me to never miss out on high quality signals for free!
Daily Bitcoin Update [1]From now on I will be doing a daily Bitcoin Analysis update EVERYDAY for FREE.
Since this is the first official Daily Bitcoin Update, I have added the number 1 to the title.
In this update I am recommending stop loss moved from $20,717 to $21,412 in profit. (Entry price was $21,112)
The reason I am calling for this stop loss adjustment is because there is a higher chance of us going down now than before.
I still believe we have a decent chance of going up so lets keep the trade but move the stop loss in profit, this way this trade becomes risk free now! ;)
Follow me to never miss out on my high quality crypto market analysis and updates, for the price of 0$!
BTC Analysis updateHere is an update for you my followers that have entered the long.
BTC looks very bullish still and I think will definitely be going to $22k-$23k by today/tomorrow!
Expect heavy volatility, when we go up, we will go up very fast, and very steep!
I hope you enjoyed my analysis, I will post more updates soon!
OPUSDT - Channel Breakout!OPUSDT (4h Chart) Technical analysis
OPUSDT (4h Chart) Currently trading at $1.26
Buy level: Above $1.25
Stop loss: Below $1.072
Target 1: $1.37
Target 2: $1.61
Target 3: $1.84
Target 4: $2.2
Max Leverage 3x
Always keep Stop loss
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Long Tron!The reason I closed our long early for Tron is because I expected this fall in price and wanted to re-long lower, now is the perfect time to re-long!
In the chart I have shown, I have shown all the possibilities for Tron. Once we approach the top of the parallel channel I will make an update if things look bearish!
Keep stop loss at $0.06375
Risk: Medium
Targets:
TP1: $0.067
TP2: $0.068
TP3: $0.069
Time to long bitcoin once again!Hello everyone, now that Bitcoin has dipped a bit + RSI has reset and no longer has a bearish divergence + we are also above very strong local support here at $20,8k-$21,3k, I am starting to feel more bullish now!
Enter longs here at $21k, keep stop loss at or below $20,5k!
Risk: Medium
Targets:
TP1: $21,8k
TP2: $22,7k
TP3: $24,7k
Update for BitcoinIn my previous analysis, we closed most of our shorts in enormous profit, and opened a long.
I now see some bearish signs, so I advise either closing the long in profit right now and shorting, or hedge a short and keep the long open as well.
This is a scalp trade, however if we continue the downtrend and break the local support at $20.8k - $20.9k then it can turn into a longer term swing trade!
RISK: Medium/High ( be careful!)
Risk to Reward: Excellent
Keep the short's Stop loss at $21,4k$, or slightly above!
Short term targets are the support at $20,8k - $20,9k, if we break these I will post an update with more Targets!
Remember to follow me for constant quality market updates, for the price of $0.00!
Long TRXUSDT aka Tron!TRXUSDT seems pretty bullish, including TRXBTC.
I think Tron will uptrend pretty well along with Bitcoin.
But the uptrend may not last too long because Bitcoin may continue the downtrend after this bounce I am expecting in the following post:
Why is Tron bullish?
Well,
1. have spotted bullish divergences
2. Tron has a good potential for a breakout from the falling wedge
3. MACD is bullish
4. Bitcoin is bullish
Please do not use high leverage on this trade if you are trading futures!
REMEMBER, Alts are very volatile and are far more unsafe than bitcoin futures!
Time to short Bitcoin!Bitcoin has shown lots of bear flags which have made me short.
Personally I shorted around 24,7k$, right now the price is about 24,4k$.
I would wait till btc goes up a few hundred more before you short, keep stop loss at $25,3k-$25.5k$!
TP1:$23.5k
TP2:$21.9k
TP3:$21.2k
TP4:$20.4k
Expecting a bounce for Bitcoin!Hello everyone, I have closed my shorts because I am expecting a bounce.
We are above some decent support here at 21k$, and we also have bullish divergences.
I am expecting a bounce in price which could take us to 22k, before either dumping or trending upwards more.
Follow me for more Bitcoin market analysis!