Bitocin
BTC IDEA #BTCUSD In my last post I suggested how I anticipated for us to see a reversal back into our 37.5/38k support (now resistance) Currently this is what is happening. That being said we could push all the way back to 40k. Very possible scenario.
What im currently waiting for is to see a few 4H candle closes with bearish sentiment (ie wicks to the top). This will suggest to me buyers are exhausted. Ill then be scaling down to the lower time frame to look for entries. Double top followed by a break of the high low, retest of the break out level and then sells.
Lets watch and see
XRP 4H technical analysis #xrpusd #xrpA simple chart break down of the current xrp price action/structure.
Over all we are bearish of course. After the markets across the board tanking after various news releases ect this is where we are at. Currently the way I see xrp is that its tapped into a major area of support at .52/55c. For me we barely dipped into this zone and I expect for us to push down further into this level. I also expect #bitcoin to fall further yet which will no doubt drag down the rest of the market with it. After we broke the $1 support we can see we've been putting in lower lows/highs with double top continuation patterns which of course is bearish structure.
As we stand our last major lower high was at around .80c. As i said in my btc breakdown im still bearish on any market structure untill we get a break and close above its previous lower high. This being said we could retrace slightly from here, put in a new LH and then dump abit further into our support level. Always remember the market sentiment never changes untill major key levels are broke whether that be bullish or bearish. (Break of LH or HL for reversals)
Watching this pair closely along with other to keep track of how we will go. Updates to come soon on youtube!
MATIC 4HRMatic as per previous analysis saw a sharp reversal from the completion of an ending diagonal pattern. The current structure likely forming a triangle pattern 'X' of a larger degree WXY pattern. The breakout below lower trendline should further validate this. Thanks
This maybe the BITCOIN'S next move!!!A strong support is waiting at $42200 area, the downward trend is in making in 1 hr time frame.
1. In Binance: Huge buying pressure is at $45000 and$44000 area which can give short pump in alt coins but if trend line broke downward then $42000 is coming for sure.
2. Bitcoin dominance is increasing, so it's better to take long and short positions only in Bitcoin for safer side. Max Leverage 3X with strong risk management.
Be-aware of whales as they will eat your portfolio and pump theirs!
We need to close above 50K zone for next rally!
#Btc clean and simple - Weekly chartSimple structure on the weekly chart for bitcoin. Support seems to have been found on the previous weekly higher low. To add some confluence to this bullish market structure is the trend line that we have pulled back to. The higher the timeframe the more powerful it is. A weekly close above the highlighted zone with a good wick at the bottom gives me confidence of bullish sentiment still. If this level is lost then the tables definitely have turned. For now longs are still on the cards
Bitcoin ---> Pump incoming! Pay attention to the chart pattern and the oscillators. When the stochastic, RSI and Money Flow Index, all reach their lows, it typically indicates a pump for Bitcoin. And when this occurs on the daily, it usually means a pump that lasts for many days (even a couple of weeks). Given the chart pattern (an ascending triangle), the target is $100K but... don't let that fool you. I predict an EPIC struggle to cross $100K, so take profits before then my friends as whales will send the price DDDD OOO WWWW NNN the throat of thirsty buyers who believe in $100K+ Bitcoin! Happy Trading y'all :-)
BITCOIN WHALE GOLDEN TARGETS ARE HERE FOR LONG 42500+ LONGHello trading friends,
This is the last trend update for today with a small view of before trends.
And here below you will find the updates we have done for the possible coming breakout 42500+.
The bitcoin chart shows the hope area for the users that want to buy cheap until the users come into the FOMO area, and more see below
In this chart, we show the history increase that did start from 29K until 45k+ and below you can find the chart ( bitcoin shows same signals)
into this chart, we explain the whale effect that is on the play when they dump, they will return BTC in most of the time back if it uptrend
And we will end with the golden main chart for today adding about the huge main target 45k + we can say our all before targets hit
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Bitcoin at a Key LevelBitcoin is currently at an absolutely key level. Should it stay above the prior high & resistance level (@36.600) we could be dreaming for more short term uptrend. If not, it could hopefully hold along the newly created short term uptrend line (somehow around 35k).
If we loose both, then its back to 30´s baby.
BCH SHOWS SIGNAL FOR INCREASE TREND - Hello trading friends,
BCH looks to enter a new increase trend, we know BCH and have seen the history of it, and the Chinese trend this coin can get.
TA and trends show that BCH can go into new increase trend for since a long time.
Manage your risk and trade safe!
Soon more about BCH