This is just an idea, one of the endless possibilities. Please do your own research before buying or selling.
As posted last night we had the retest of resistance trend line which we wanted to hold and bounce, this has now been completed. Great to see, want increase in volume and continue in this uptrend now.
BTC just experienced a break of a major reversal zone indicating that we could potentially be gearing up for a run at all time highs. There was a break of the reversal zone and retest plus bounce of on that reversal zone, indicating that price action was trying to attract more buyers to go long. BTC also broke out of its previous downtrend. There was a possibility...
Currently CAKSE/USDT is heavily undervalued in my opinion and it is currently test marketing at its current level, if breaks out thats a perfect time to buy if it drops down to bottom support that would be even better to make more profits!!! White line = current support Red line = current resistance Yellow line = future resistance Orange line = future...
Hello, everyone! 3 days ago I waited for this local correction. As you can see the lowest point of BTC price was exactly at the Fibonacci golden pocket ($44500). I told that you can open long here. I have not done it because I am testing my reversal trading strategy. I am waiting for the short signal. What is next? I have no doubt we will see the new local...
DeFi Technologies Announces Fiscal 2021 Financial Results with Total Revenue Up 411% Year-over-Year to $15.1M Key Highlights of Q4 2021 - As at December 31, 2021 achieved US$363 million assets under management ("AUM") in fully owned subsidiary Valour Inc. ("Valour"), which is responsible for the company's portfolio of exchange-traded products ("ETPs"); - Valour...
Watching for rejection of the RSI weekly trendline for this bull run. The bearish divergence on this timeframe is obvious but I feel the trendline is what to watch. If we can break through that trendline on the RSI I believe we can at least hit 52k till our next retest. These plays take a long time to work out due to the timeframe, but it shall be an interesting...
Noticed a couple potential harmonic patterns. Thought I would post them for what they're worth. The hardest part I find is measuring time frame. Also generally over the weekends where there's low volume BTC tends to pump. Good luck everybody
idk The past is repeated The past tense comes The past is repeated The past tense comes
Two days ago, we warned that the rally in Bitcoin might be near its end. We stated that the rally became accompanied by a sharp decrease in volume, which could foreshadow a potential breakdown in price. Meanwhile, Bitcoin fell below the 100-day Simple Moving Average and support area at 45 850 USD. These developments are very bearish for BTCUSD. In addition to...
I’ve taken a look at KAVA and it looks like complete crap with constant rejections there’s no bull case to be found here. And you should unfollow who is telling you it’s a good buy. The daily candles and rsi alone indicate that’s it’s not a good buy nor long
🌳BTC has Started a Good Bullish Trend. You know in a Bullish Trend There is always Correction and This Time Is no Exception ! So Recently the Bearish Wave Has Started and It looks Like It's Coming To an End. Because Not Only It Touched The Major Support (around 42k) It Touched EMA200 as well and Made a Pullback. We Can See a Hammer Candle as well Which is also...
Helloo0o I am not sure, but it is possible that the future will have this form! chill dude.... But if it goes higher we have to wait for higher numbers like: 74000$ 93000$ 140000$ .....
Ethereum (ETH). If you want to understand where altcoins will move, keep an eye on Etherium. Etherium is the top 1 altcoin and smaller altcoins depend on its movements! We can see on the chart a false breakout of the $3,273 mirror level and now price testing level as SUPPORT! It is very important now to consolidate ABOVE this mirror level. This means that the...
It takes on average 400 days for Bitcoin to go from cycle peak to 200 weekly moving average. Last two cycles after cycle peaks we found a bottom at the 200 weekly will it be different this time round? It would definitely be different this time round if Bitcoin does not put in a bottom at the 200 weekly at this point. The week of May 23rd 2022 would be 406 days...
BTC is retesting resistance trend line looking for hold and bounce from here on the daily.
Long L3 stop L4. targets H3 and/or above Short a break below L4. stop L3. Targets L5 and L6. Long break above H4. stop H3 targets H5 and above camarilla pivots monthly levels