ETC Retraced by %30, could price be rejected at this level?Showing on the chat an Order Block formed on 15M TF at the %30 retracement, could this be a rejection sigh? Maybe price will come back to retest the OB, and if broken then we may get to the %50 retracement ($17.314) but if rejected then you may see price moving towards the upper band. What is your opinion on this? Kindly leave a comment
Thanks
Binancefutures
ETC make a reverse at 19.186LTC formed an uptrend line at $15,082 region where a new impulsive move was taken to $19.186 region, Where a short opportunity was spotted. At this point price is trying to move further but I think there is a need for price to Retrace by %50 currently at %30 region($18.176) , if there is a rejection at $17.886 it means a long opportunity which may breakout at $19.186 to further the up movement, but if there is no rejection at $17.886 I think we can continue with the short down to $15,082
BTC / USDT pair on Binance (4h timeframe) analysis + predictionHello,
Today I'll look at the BTC/USDT chart pair on Binance in the 4h timeframe. The demand zone is around $15850, and the supply zone is sitting around $16770 (previous supply zone was around $18K). From the long-term timeframe, I can spot the Falling Wedge trading pattern coming from a downtrend, and from the short-term time frame, I can see that the Ascending triangle trading pattern is occurring with consolidation and a rising support trendline. As an ascending triangle is normally a bullish sign, I expect the price to go just a little higher before changing direction and moving towards the demand zone at around $15800. The possibility of a breakout can happen at $17,200. If the price breaks the Falling wedge structure, we can expect a bullish movement and the price to move in the direction of 18K. If the opposite happens, I am expecting that we will move with the price in a downtrend to the demand zone at $15800 or lower. Both of the patterns I noticed are primarily bullish, but TREND is your friend. I am expecting the price to slightly move upward and then go in a downtrend to the demand zone at around $15800 or lower. My trading idea is to go short/sell. We are still in a bearish cycle, don't forget that!
Enjoy & have an amazing day!
BF
BNB FUDCZ is a beast and can do all that he wants correctly, however fud is unstoppable. with the state of the crypto market as a whole this isnt looking good. I dont see real functionality of bnb besides saving on fees, ive brought this up on my youtube before it was unjustly banned so hopefully some of you were able to watch those reviews. Either way FTX just nuked the entire market and now CZ is dealing with the toxic mess left behind by that scrub. Clearly seems to be a industry plant who was brought into crypto to tank the market to open the doors for regulation from the alphabets.
Regardless of what happens fundamentally, if BNB loses this level around 220 than its free fall time folks. Cya at $30 back where it began.
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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
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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