LINKBTC - close to the bottomLINKBTC is near the tip of a falling wedge which have a bullish bias and it's very close to the daily 200 SMA.
We can see bullish divergence on almost all timeframes and the 23500 - 25000 range is a zone of major support.
The parabola for LINK/BTC is still intact and it's very close to it.
This all points to a reversal in the near future and looks like a great zone to accumulate for long-term positions.
Let me know what you think and best of luck with your trades!
Bottom
HEX could turn bullish if...HEX current price is 14.05c
I think the Ukrainan war max fear has gone . If things won`t escalade ,and more countries will step in ,I think there`s a decent chance markets will find a bottom soon . If things will escalade ,then your last worry will be crypto prices ,and you can threw out of the window all TA`...
Hex needs to close above old support 17-18c c (daily ,preferably a weekly candle close) but even 16,5c is good enough to turn NEUTRAL.
23,5c-24c (thats where the 21 weekly EMA is ,but also horizontal S/R) is another major resistance .If you see prices higher then 23c ,thing could turn really BULLISH
In the past 24-48hours, HEX had all the reasons to go under 10c ...didn`t happened and now there is a decent chance price could form W bottom around the 12c (no bullish divergence tho) and go back to at least 16-17c.
Falling wedge on the Weekly VECHAINWe have this beautiful falling wedge on the weekly chart.
As we all know Vechain has great fundamentals but the price is falling like rain, but i think we are at the bottom, because of this falling wedge on the weekly.
I have missed the train and bull run for vechain and now i am happy to have this opportunity to buy that great project so cheap.
The price target should be at the top of the wedge which is 25 cents but i think we can go way above that if the bitcoin goes up which i think it will.
What do you think about this falling wedge?
Feel free to leave a comment.
If you like my ideas please follow me and like the post because i am posting every day and you can find always something interesting on my profile, i am new to Treadingview but i have 6 years expirience in trading.
VET TO THE MOON!
BITCOIN IS BULLISH - CALLING THE BOTTOM!I am not very good at explanations so will let the chart do the talking. Those blue lines are Fibonacci speed resistance fan lines, that have identified the ATH's and areas of support for the last couple of years running. I am quite confident it is up from here, however, this is a weekly chart so there could be periods of delay through micro trends etc. We also have a green reverse FIbo identifying possible areas of support and resistance towards 100k if we are able to break the current fan trend.
The red area zone is the validation zone, I would expect the price to float around this zone if the market is continue with bearish pressure. This being, looking at the weekly candles, I expect 41k by the end of this weekend for the weekly close, which will help validate the chart patterns shown. Total transparency, I am going heavy exposure equity wise with BTC from here (no leverage so no liquidation).
Published the analysis just to look back and see if I was right or wrong in a couple of years- hodl!
-- @MyNamesZergg
⚡️⚡️ #RAY/USDT - Potential 85% ⚡️⚡️⚡️⚡️ #RAY/USDT - Potential 85% ⚡️⚡️
#BLOCKSHOT
Signal Type: Spot - Long
Exchange: Binance
Note: Bullish Weekly Pivot || Bullish RSI Divergence || Strong BTC Movement || Lots Of Long Orders Coming In
Entry: 2.35 - 2.65
Target 1: 2.88
Target 2: 3.17
Target 3: 3.84
Target 4: 4.38
Stop-Loss: 2.00
"Good Things Come To Those Who Wait,
Great Things Come To Those Who HODL"
⚡️⚡️ #EPS/USDT - Potential 103% ⚡️⚡️⚡️⚡️ #EPS/USDT - Potential 103% ⚡️⚡️
#BLOCKSHOT
Signal Type: Spot - Long
Exchange: Binance
Note: Double Bottom || Looking like floor price || Breakout needed
Entry: 0.144 - 0.167
Target 1: 0.177
Target 2: 0.208
Target 3: 0.248
Target 4: 0.293
Stop-Loss: 0.133 or None
"Good Things Come To Those Who Wait,
Great Things Come To Those Who HODL"
Could this be ETH bottom?2600 avg all day, and now we see it has been a common support and resistance lv. What could this be? a bottom for ETH? are we gathering rocket fuel? Maybe 1700 and 2200 are now out? Im not sure but it's starting to look that way because low vol and slight move up will triggers bulls to run IMHO.
BITCOIN Bottom Options!Good Evening Everyone! 😃
I want to give you two different options for a Bitcoin bottom.
It's all in the chart, to the upside 📈 and downside 📉!
The moving averages used are: Black 200 week SMA, Orange 100 week SMA, White 50 week SMA .
I would like to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advise.
As always, A BIG THANK YOU for stopping by, I hope you liked my post! If you did, please take a second to drop a like or comment, every engagement puts a smile on my face, but also helps me to get my ideas out to many more of you guys! 😃🙏
Happy Trading ✌♥📈
BTC WEEKLY CORRECTION... UPDATEThis is an update from the afternoon of 02/20/2022.. if you haven't seen it, see the post with all the description and techniques used: -CORRECTION-trading-strategy/
WEDGE DESCENDETE AT 1H FORMED!!!
Upon entering the turmoil zone where there were a large number of waves, BTC formed a descending wedge pattern, a pattern that usually breaks out to the upside.
DESCENDING WEDGE.
Trend reversal pattern where the asset loses funds but does not continue to fall, generating a depletion in the buying force.
This pattern was formed in the price turmoil zone and on the oversold RSI. It took an update in the price entry zone sideways before entering the oversold zone on the RSI, which pulled it further down, sorry I wasn't home to post.
Now I continue operating this pattern by making entries at the base of the wedge, taking 10% profit on the resistance of the wedge and if there is a continuity of fall I add this profit to the base again to have the best average price. I canceled my stop and now I will accept the stop loss if we miss the bottom of the wedge.
This pattern is the same as when I took the bottom of the monthly, previous post, where when entering the buy zone it formed a descending wedge and broke up.
maybe rounded ₿ottom in march Hi frend,
after BTC faked some nervous moves lately days, it might go up soon I am think.
Because we know DOGE loves to move in april, it might all do some boring big rounded bottom flag thru the march I think too.
This would also bamboozle the deadcat believing bears + impatient bulls but also flag a up 4realz.
Bye
US30 BULLISH REVERSAL BOTTOM FOUNDBig fall from Ukraine and Russia and war is around the corner since russia attacks. Meeting Biden and Putin a if overall russia will still have a war against Ukraine.
For US30 it had found the bottom experiencing the crisis, the target is 40000 for 2022 if fails then more crash. But the big key is to break the recent highs and new high then 42000 is the huge target unit.
BTC WEEKLY CORRECTION... trading strategyhello
Below is an analysis of BTC for the next few days, the idea is a short swing using the bottonm fishing risk-return 4.19 strategy.
Indicators used
*Fibonacci retracement
*12 and 26 period moving averages
*MPVR
*RSI levels
Current Scenario
BTC comes in a strong rally on the weekly chart, so in this period it has to correct. Believing that this low is just a weekly correction. SPY also contributing to this correction in BTC.
How I analyzed
I begin the search for the bottom of this weekly correction that occurs when the 4h RSI enters extreme levels. Using RSI lvls I marked this region with a yellow box.
Now using the MPVR, I look for regions where there was strong market movement in the past to establish as support, the green and red box, where it coincides with the extreme level of the 4h RSI levels.
Using the Fibonacci retracement on the weekly rally, it shows the golden line at the value of 38000, a strong psychological number, which is exactly in the region that the other indicators show. I would like to say that I use Fibonacci only as a mere reference but not as a criterion.
Conclusion
ALL indicators point to the 38000 region as an excellent buying point, I am dividing my capital into 5 orders of equal values ranging from 38000 to 37500 (another strong resistance observed in the MPVR), thus seeking to take the stop orders and get the best average price.
The STOP will be at 35990, a little below the 36000, a strong psychological number, from this point on, according to the TRDR (I don't have it but I've seen it from other traders) there are no more significant orders, that is, the price would plummet.
The final gain is at 44000 when the 1h RSI would enter an extreme overbought level and the 4h would enter an overbought as well, in this region according to MPVR and TRDR there is strong resistance. I will start taking profit when we reach 41900, when we enter a strong resistance zone according to the indicators, I will exit with 60% of my position and I will peel until the final profit.
Heads up
Be careful with the news about Ukraine, which has been affecting the market more and more but still does, and the SPY. BTC dominance is falling even in this uncertain scenario, which is strange to me and I'm looking closely.
GOOD TRADES TO ALL... doubts and suggestions I am available.
Bitcoin: Building support at 43,600 necessary for attacking 45kWith simplicity on the chart, it looks a lot like Bitcoin is building a necessary support at ~43,600 which is necessary for the major attack to finally conquer ~45,000
If the past 2 weeks we haven't seen much clarity on the charts, unsure were all of this is going, we now finally start to get a sense of the general direction.
It is most likely we have already seen the bottom. Most of us can agree that we are massively oversold, and it is more likely we will go up than more down.
45,000 is the nemesis. Conquering this price level is most probably the final milestone before entering ~50,000
Weed stocksTLRY, CGC, SNDL, ACB
So far this year looks like the weed stocks have found a temporary bottom. Most are curling off the bottom. TLRY has lots of resistance above but last few days has been pushing with increasing volume. Just keep an eye on them if they really start squeezing. Most likely will be looking at some calls this week to see if we can get some follow through. Of course it has been in a nice downtrend overall for over a year but I do like what I have seen last few days.
Bitcoin testing previous support levels in search for new bottomAfter several attempts to break through the ~45,000 price mark, Bitcoin is now testing previous support levels in search for a new bottom to bounce off of.
At the time of writing this, bears are fighting at ~42,800 which if it breaks, the next support would be at ~41,000 with a potential dip to ~39,000.
In terms of trading strategies, it is recommended to be neutral as bears and bulls are fighting for setting market trend, and momentum.
BTC 'Top Bottom' Indicator AreasStarting from 1 June 2015, there have been 20 'sell' signals on the Top Bottom indicator (not including the most recent signal). Fifteen out of 20 periods from 'sell' to 'buy' signals represent negative price changes. Here, these periods are defined as the daily high on the day of the 'sell' signal to the daily low on the day prior to the 'buy' signal. The descriptive statistics of these periods are below.
No. Days:
Range = 5 to 151
Median = 33.5
M = 44.6, SD = 35.1
Per Cent Change:
Range = -45.36 to 10.12
Median = -7.21
M = -11.06, SD = 15.68
Currently, we are on Day 66 since the latest 'sell' signal. The three grey boxes run from Days 45-80-115-150. Statistically, there is a good chance the current period should end within two weeks and an even greater chance that it ends by mid-March. The daily low on the final day of the current period should fall within these ranges. The numbered candles are merely examples.
SOLUSD | The beginning of the bullrun or of the end?Hi everyone,
First of all, as this new scenario goes up we are surely on our bottom of the wave 2 so much awaited.
In this case, we have corrected the first Solana wave between 0.618 and 0.786 of the Fibonacci retracement , so we can say that we probably have reach our bottom at $80.
However, let's be careful since it is not unlikely that we will correct beyond that to go for the 80% retracement.
To conclude, we can see that bullish signals are starting to show up, which supports our scenario.
However, I believe we have already corrected a lot, which gives us the opportunity, if we do the dollar cost average, to smooth out our entry prices.
We remain focused and above all we remain cautious.
Let's give Solana time to validate this analysis.
If you agree with this scenario let me know with a like.
Otherwise let me know your point of view with a comment, thank you !
(This is my own hypothesis and in no way suggests a buy or sell advice.)
AXSUSDT 4HOUR CHART Triple Bottom Chart Partner AXSUSDT Coin formed a triple bottom Setup in 4hours Chart
1= a triple bottom Setup broke out from $55 trend line resistance. so this setup active when break 55 level
2= The difference between the third bottom and the breakout point was about $10
3= which translated to a take-profit point of around $61 & $65 n the upside.
4= The stop-loss point could have been placed at around $45.50 to limit downside risk as well.
Hope you like the Chart Setup
Do hit the like button if you like it and share your charts in the comments section.
~ Attention : this isn't financial advice we are just trying to help people on their own vision.
~ Happy Trading ~~
Thank you !
Namaste .
Crypto History repeats As you could see ,there is a hidden signal by crypto market
The current move all of a sudden is due to price action and price mapping of the last fall.
1. there was 55% fall last time from peak and the move up started ,now we see the same instance completed that 55% fall from next peak occurred hence the price is now moving.
2.In short term the price will be moving upwards close to 44k
3. On the longterm hold enough CASH to get BITCOIN BTCUSD in 29500 level.
4. Putting all the money at this peak ,leaving empty handed for no investment 29500 will be an oppurtunity miss.
What do you guess, leave your input in the comments....
A Flag close to the bottom ZilchA Flag close to the bottom Zilch......
The facts about VRA: It is Ranked 445 according to Coingecko CAP list.
It is 905.42% since All time low. However it is only -76% SINCE ALL TIME HIGH.
This VRA with its Licence & Patent which enables them to generate money providing services and solving real issues out there, this is a coin I have been looking at with great patience.
This is the key word here, patience.
VRA's price might undergo a consolidation sideways movements without giving us anything, nothing to be too much exited about.
However once we study understand the project, we are able to understand why this coin has gone up 900% during the last couple of years and the existing charts are not designed to show movements around Zero and 2 Cents the same way it shows huge candles between two and eight cents.
Please, take it easy. Do your own research and remember:
This is not financial advice.
LONG 2460 TARGET 4K and aboveare you aware of the 60 days dump cycle? if not google it or tweet, or just open your chart put up a daily time frame or weekly, you will notice that on average there's a 60 dump cycle on crypto. So what now? THAT CYCLE ENDS THIS WEEK AND MY BET IS THIS MIGHT BE A LOCAL BOTTOM. I'm not talking about capitulation which might happen between april and may, remember the sell in may say? So howw do we play this ?
First price is trading above 4hr pivot and 5 hr pivot , in in 2h we'll have the us open. I assulme that you have enough funds to play this so enter now 2 eth position size with stoploss around 1950. I know it's quite a huge stoploss but you have to play it safe. keep that stoploss until 6pm france time could be if we're still trading above pivot you will put your stoploss , i will update about it. so the play is long now but not much just 2 eth, then you'll add on the position in 4 hours;
remember risk managment is key; it's one hing guessing direction, almost everyone does, but actually trading the direction is another pair of shoes; my idea is to run the position up to 20 eth position size but i'll go slow and keep adjusting the stoploss , for now let's start small and go with 2 eth before us open