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$CRV Fire Sale!Back with another $CRV chart lol. As you may know, price action looks pretty awful, especially for alts. I expect $BTC to break to the downside of it's current range and proceed to nuke the entire market with it. Although this unfortunate in the short-term, this will create some amazing buying opportunities for alts, especially those with good fundamentals. In this chart, I display the previous levels (orange box) which should serve as support as we head for further downside. I also show similar support levels (green box) that correspond to fibonacci ratios in accordance to the 5 leg elliott wave impulse for confluence. Knowing these levels, I plan on taking advantage of this buying opportunity at the $0.67 and $0.44 levels primarily, with some hail mary bids at $0.33. These levels should at the least provide a significant bounce to the upside imo. Regardless of the outcome, I am a long-term $CRV hodler as I believe the token is extremely undervalued, and still believe it will reach prices listed on my previous $CRV charts. As for the bullrun itself, although I may be overly optimistic, I do not believe it is over. Comparing previous bullruns, this being the end doesn't make sense to me, and instead I believe we are having a mid cycle correction/shakeout before resuming but only time will tell.
by DanielDimes
2
Neutral Channel 🎚️ Long Opportunity 🟢 $40k Within A Week 💰Neutral Channel 🎚️ Long Opportunity 🟢 $40k Within A Week 💰 "Anyone can draw lines onto a chart, but not every line is representative." This idea is the same as the previous one from another aspect. 💳 KEY POINTS: - Bulls Successfully Broke Very Bearish Channel - Price's At Support In Neutral Channel - Bears Are Tired: Multiple Bullish Divergences On RSI - Bulls Are Still Energetic: Higher Highs on RSI - Historic Invincible Support Hit - Dumb Money Opens Shorts (At Support...) - Smart Money Bought The Dip - Psychologically Tempting Target: $40k - Funding Rate Favors Longs - Excellent RRR: 400% - Every Time In History When BTC Hit This Support Then Hit $40k Within A Week - - Next Week Will Be Green - - - Possibly Starting From Sunday 🌌 OUR SIDE: POSITION: Long LEVERAGE: x10 ENTRY: $32 000 STOP LOSS: Daily close below $29 900 and staying there for six hours TARGET: $40 000
BINANCE:BTCUSDLong
by Elysian_Mind
5
Bull Takeover 🐂 Exhausted / Trapped Bears 💀 Target $40k+ 🚀Bull Takeover 🐂 Exhausted / Trapped Bears 💀 Target $40k+ 🚀 Our position is: Side: long Leverage: x10 Entry: $32 000 Stop loss: $29 900 Target: $40 000 Ancestor Idea: See RELATED IDEAS, "We 💎 HODL *** Bet on V-Shaped Recovery *** Bears = Weaklings" NEW UPDATE: - Bears lost all momentum - Bulls broke up bearish channel - Potential bottom formed - Whales became bulls Long with us, and let's annihilate all bears! Short -> Die poor under a bridge Long -> Buy out TESLA from Elon Musk
BINANCE:BTCUSDLong
by Elysian_Mind
4
Golden Cross 🥨 Bullish Resurrection ✨ Long With UsGolden Cross 🥨Bullish Resurrection ✨ Long With Us "It's Death Cross, but you trade it the wrong way." 📗 EDUCATION: Death Cross indicates a Bearish trend, but most people trade it the wrong way. All profitable strategies want to buy low and sell high. So, the Bearish trend should be when you buy, and you will sell in the Bullish trend. Also, Death Cross's a lagging indicator, which means FUD already hit the markets. Now, low prices make excellent buy opportunities. Another lagging indicator is the Golden Cross, which indicates a bullish trend. You trade a lagging indicator before it happens. Since a Golden Cross follows every Death Cross, now, you want to focus on buying before the Golden Cross happens. While the uneducated masses FUD about Death Cross, professional traders focus on the upcoming Golden Cross. Do you follow the herd, or do you follow the professionals? 📊 KEY POINTS: - Bears Lost Their Momentum - Smart Money Left Shorts - Smart Whales Are Bullish - Bulls Broke Up Bearish Channel And Established New Price Support Line - Downward Price Support Line Holds With Retest - Local V-Shaped Recoveries - RSI Found Support - Funding Rate Favors Longs - Excellent RRR: 400% - There Are Too Many Dumb Shorts 🌌 OUR SIDE: POSITION: Long LEVERAGE: x10 ENTRY: $32 000 STOP LOSS: Daily close below $29 900 and staying there for six hours TARGET: $40 000
BINANCE:BTCUSDLong
by Elysian_Mind
2
Support Hit 💸 Bear Trap 👿 $40K In A Week ◀️Support Hit 💸 Bear Trap 👿 $40K In A Week ◀️ "Look someone opened a huge short... Oh, he was too late." KEY POINTS: - Bears Are Tired: Multiple Bullish Divergences On RSI - Bulls Are Still Energetic: Higher Highs on RSI - Historic Invincible Support Hit - Dumb Money Opens Shorts (At Support...) - Smart Money Bought The Dip - Psychologically Tempting Target: $40k - Funding Rate Favors Longs - Excellent RRR: 400% 🌌 OUR SIDE: POSITION: Long LEVERAGE: x10 ENTRY: $32 000 STOP LOSS: Daily close below $29 900 and staying there for six hours TARGET: $40 000
BINANCE:BTCUSDLong
by Elysian_Mind
5
We 💎 HODL *** Bet on V-Shaped Recovery *** Bears = WeaklingsWe 💎 HODL *** Bet on V-Shaped Recovery *** Bears = Weaklings Extremely negative funding rates yield astonishingly bullish opportunities. Now, you can long and take the money of the newbie bears in addition to your trade profit. The support line protects your back. Bears do not have the momentum and volume to break it anymore. You may counter-trade the herd and, at the same time, copy trade the professionals. The Risk-Reward Ratio is marvelous: We compare a potential $8 000 pump to a possible $2 000 dump. Our position is: Side: long Leverage: x10 Entry: $32 000 Stop loss: $29 900 Target: $40 000 See our previous idea, in RELATED IDEAS, "Beware of 🧟‍♀️ Undead Bulls! And they can Moondance". Our success rate has been 100% since we joined TradingView a month ago. To join our community and browse our private ideas, type "OXY BITS" in the Telegram group search.
BINANCE:BTCUSDLong
by Elysian_Mind
2
Bitcoin 2021 bullrun using Beam Bands and Gann FanI decided to use the Gann Fan fib along with the Beam bands to illustrate the possible trend we are seeing with Bitcoin currently. We may have seen the bottom with Bitcoin at the low of $29k level. There has been much fud and talk of the bull run has come to an end but I am of the opposite thinking and believe we are in the middle of this bull trend. I am still, like many in the Bitcoin community, seeing a possible $300k plus target for Bitcoin but years end. We will see.
Long
by altcoinb
5