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.
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Bottom
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
Juicy Bottom With A Big BounceI chart using a modified elliott wave theory. I chart to the rules and nothing more. These targets are on the assumption the the entirety of the wave is yet to complete. No valid reversal I can see at this point. down we go, but here are some crucial buy levels. Never make a trade without a stop loss!
BTC - Can we call a bottom? Maybe... here's why.Our recent downtrend line (dashed red line) has been caused mostly by interest rate hike fears (and Matt Damon...), and on January 20 we ran straight into that downtrend line with an RSI at 30 and a down swinging MACD. Stock market risk assets still selling off, Russian bank suggesting a ban of crypto, etc. There was some support around $41k and we were already below the main moving averages, but support in crypto is fickle and risk-on markets are rarely the first to buck the trend when the Fed is changing hawkish.
This week is different. Rate hike news has more than run through the market and oversold indicators are ringing. The last two times we saw an RSI like this (mid teens a few days ago) was May 2021 and March 2020, both times just before explosive upswings. The MACD is in an upswing and we're way below the 200 day MA. The stock market is showing signs of an oncoming bear to bull reversal (see the the semiconductor charts, and follow Google's earnings this week). Crypto miners are moving from Russia just like they did with China.
And look how far back this trendline goes...
I believe our next leg down would hold in the 29-32k range, but I think it's time to add starting now, and thats what i'll be doing. I think the long term bears at this point are either betting on $30k or $0, so they're all-but washed out by this now. Usually I'd wait for a double bottom, but soon after we break this downtrend, I believe its going to be a strong swing up fueled by everyone from retail investors to big banks. Might be the swing that takes us to new ATH, so I'll risk a 10-15% further down to hold the possible 100-200% upside.
**NOT INVESTMENT ADVICE etc etc. For all I know, Putin invades Ukraine and WW3 sends markets into the dark ages.**
hmmm... bottom's in?well, looking at my line, we can see that there's a falling wedge pattern for BTC USD pair;
if we are in its range, worst case if we fall lower would probably in 28K range as it is also the 0.618 fib level from MARCH 2020 low to the BTC high back in NOV 2021.
Let us see where the BTC will act and move in the coming days..
FYI, if it breaks upwards, target would then be the previous high even though it seems to be very unlikely to happen as there are many resistance BTC need to face before claiming new ATH. But, anything can happen..
What I want to see:
A consolidation for couple of days or even weeks in current price range would be very very good rather than just shoot up and come back down again!!
#DYOR
#NFA
IWM has bottomedWith the move down today and subsequent reversal it is likely IWM has bottomed. We can see that the pattern the last few months is corrective in nature taking an ABC course but the Russell has a lot of work to do to prove it wants to go higher long term. Short term I am am bullish based on MFI reaching very oversold levels, fibonacci extensions being hit and near perfect symmetry with an only 20 cent delta b/w the A and C legs of the ABC