Given the recent developments in the crypto space, there are several factors that point towards a bearish outlook: FTX Liquidation of $3.4 Billion in Crypto Assets: The approval by the Delaware Bankruptcy Court for FTX to liquidate $3.4 billion in crypto assets is a significant event. This influx of a substantial amount of cryptocurrency into the market could...
BitDAO / BITUSD is having the strongest 1day candle since May 15th right at the bottom of the 5 month Channel Down. This confirms the excellent pattern bottom buy opportunity, especially after the 1day RSI made a Double Bottom. Buy and target the 0.5 Fibonacci (like the March bottom rebound) at 0.4545, which will also test the 1day MA50. Follow us, like the...
BTC currently has a relatively clear trend line. If it does not fall below during the backtesting process, you can refer to this trend line for long trading. The resistance is 29800-30200, and the target can be set near the resistance. If it falls below, short positions will have a better chance to make a profit. The support is 28600-28200. Of course, you can...
3Day time frame - Bitdao takes almost 1year to create a potential inversed head and shoulders. Trade with the downtrend getting breakout, and targets as marked. Final target is 1.0350
a quick short for bit Not much to explain Well, there is, but I don't feel like it.
Hello fellow traders, Practice good risk management! Anything can happen. In order to make money, it is not necessary to know what will happen in the next moment in time. For any given set of variables that define competitive advantage, there is a random distribution of failures and successes. Competitive advantage is nothing more than an expression of a higher...
Fida currency has a great growth potential after breaking the downward trend It can be interesting for Hold Targets $1 $2 $4.5
BYBIT:BITUSDT.P 4H time frame - According to Elliot impulse wave, BIT is on the path of 5th wave. Take entry from 0.47~0.48 - TP: 0.61 SL can be triggered if uptrend is broken.
We have some RSI Bullish Divergence and a Double Bottom at the 3.618 Fibonacci Extension and are currently Breaking out of a Bullish Dragon Trendline and will later be looking to Challenge the Validation Line of a Bump and Run Reversal Bottom.
Hello fellow traders, Practice good risk management! Anything can happen. In order to make money, it is not necessary to know what will happen in the next moment in time. For any given set of variables that define competitive advantage, there is a random distribution of failures and successes. Competitive advantage is nothing more than an expression of a...
Hello fellow traders, Practice good risk management! Anything can happen. In order to make money, it is not necessary to know what will happen in the next moment in time. For any given set of variables that define competitive advantage, there is a random distribution of failures and successes. Competitive advantage is nothing more than an expression of a...
Hello fellow traders, The levels I am interested in taking a trade from are marked with arrows. Practice good risk management! Anything can happen. In order to make money, it is not necessary to know what will happen in the next moment in time. For any given set of variables that define competitive advantage, there is a random distribution of failures and...
Hello fellow traders, Practice good risk management! Anything can happen. In order to make money, it is not necessary to know what will happen in the next moment in time. For any given set of variables that define competitive advantage, there is a random distribution of failures and successes. Competitive advantage is nothing more than an expression of a...
Hello fellow traders, Practice good risk management! Anything can happen. In order to make money, it is not necessary to know what will happen in the next moment in time. For any given set of variables that define competitive advantage, there is a random distribution of failures and successes. Competitive advantage is nothing more than an expression of a...
Hello fellow traders, Practice good risk management! Anything can happen. In order to make money, it is not necessary to know what will happen in the next moment in time. For any given set of variables that define competitive advantage, there is a random distribution of failures and successes. Competitive advantage is nothing more than an expression of a...
Bitcoin, like the Ethereum chart is carving out its final squiggles of its wave 1 down. Like so many other charts I would like to see OML (one more low) before a retrace takes place. The 1 and 2 on the chart pointing down if price fills in those ideally points to $15,000. I have no reason to think we will extend beyond that point as of now. Right now, I want...
Hello fellow traders, Take a profit when the trade has been completed for 50% and move your stop-loss to entry. Good luck and happy trading! Kind regards, n1d0
Bitcoin trend is ready for a correction of 30 to 35% towards $15,000 to 14,000% within 70 to 80 days and then the correction process will end for a period of 3 years.