Keep an eye on ADA - Will move soon!Here's a quick look at ADA 6 hr chart. As we can see, the price has been forming a bigger bull flag and we could see a very big move to the upside soon! Definitely one to keep an eye on.
The best entry would be, when the price breaks above the bigger bull flag with good amount of volume .
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The idea is: Buy the breakout from the bull flag and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 2.37$
2. 2.57$
3. 2.96$
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Bullrunincoming
Quick Update on BTCSupport Zone 1: 29k - 33k
Support Zone 2: 38k - 42k
Resistance Zone: 47k - 51k
The ultimate goal is to get above the resistance zone AND the bigger descending triangle and get at least 2-3 daily candle close above.
For now, BTC is struggling to stay within the resistance zone so we can't be too conclusive about the trend yet.
One thing to note is that we got a daily candle close above the 50 MA and 200 MA which normally is a bullish thing to do.
I have to add that the stock market continues to go down, and normally this impacts BTC, but for now it hasn't. We may see a decoupling for the next few months where BTC runs to new ATH's. When BTC went from 65k to 30k, the price of S&P 500 made new ATH's and at that time the stock market did not impact BTC. The theory is that BTC might do the same now where it runs to new ATH's where at the same time we see a correction in the stock market.
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
-------------------------------------------
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Uptober has been good so far! Keep an eye on AXSHere's a quick Look at AXS 15 min chart. As we can see, the price has been forming a bull pennant and we could see a break to the upside soon! Definitely one to keep an eye on. October is believed to be bullish according to S2F model and historically!
The best entry would be, when the price breaks above the bull pennant with good amount of volume .
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The idea is: Buy the breakout from the bull pennant and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 117.5$
2. 120$
3. 127$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
-------------------------------------------
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
BITCOIN MAJOR TEXT!!!BINANCE:BTCUSDT
Like I said in my last post guys BITCOIN is coming to a major test!!!
Like I said on my last post Bitcoin has hit the MAJOR $49,000 USD level of resistance. As we saw before when it hit this level of resistance we had a ABC correction before a retest and an eventual collapse of the $46,800 USD of support.
This is a crucial time for Bitcoin. BTC is looking for a retest of the $49,000 USD resistance after a simple ABC correction if the $46,800 USD level of support is held.
In my opinion Bitcoin is strong right now, there is a lot of buying force coming in from not only major hedge funds and whales but also a wave of retail investors who are slowing starting to realize how overpriced the stock market is. There is this narrative being pushed around that "BTC IS THE NEW GOLD" this is extremely good for not only Bitcoin but also all other cryptocurrencies out there. Inflation rates are Right now around about 5.3% and this is bound to raise the United States Fed Fund rate. Whenever this rate is increased we do see the stock market slowing down or doing worse for example 2008. This will just bring more money into Crypto as crypto is this "government free" investment. Right now people are buying onto the narrative BITCOIN HAS OVERTAKEN GOLD, IT IS THE DIGITAL GOLD and this is what is driving the price up along with the October 1st hype.
However a correction is imminent. We can't just keep pumping forever. I think BTC will find a strong level of support at $46,800 USD and will continue to hold it and retest $49,000 USD and eventually break it until to tests the long term down trend at $50,000 USD. There is a big buying force behind Bitcoin right now but we are gonna be smart investors and not buy because of the hype.
I will be going long at around about $46,800 if I do see price rejection and big wicks forming around that level and will further increase my position if it does pass this $49,000 USD "test".
Make sure to keep an eye on the price and these posts in the next few hours you don't want to miss this analysis.
Thank you guys be sure to let me know your plans for Bitcoin.
Make sure to keep updated with my posts as I will be giving professional analysis on exactly why and what causes movements in the market and I will be giving them in real time!!
Invest smart guys and as always this is not FINACIAL ADVICE!!
Uptober is here! Is it time for ADA to break out?Here's a quick look at ADA 8 hr chart. As we can see, the price has been forming a bigger bull flag and we could se a very big move to the upside soon! Definitely one to keep an eye on.
The best entry would be, when the price breaks above the bigger bull flag with good amount of volume .
-------------------------------------------
The idea is: Buy the breakout from the bull flag and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 2.37$
2. 2.57$
3. 2.96$
-------------------------------------------
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Uptober is here - Keep an eye on AVAX!Here's a quick Look at AVAX 4 hr chart. This is how I would trade AVAX. Definitely one to keep an eye on. October is believed to be bullish according to S2F model and historically!
The best entry would be, when the price breaks above the level shown in the chart with good amount of volume .
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The idea is: Buy the breakout from the level shown in the chart and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 72.6$
2. 79$
3. 90$
-------------------------------------------
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Trade idea for FETHere's a quick Look at FET 4 hr chart. As we can see, the price has been rejected 3 times from the trendline and the best entry would be, when the price breaks above the trendline with good amount of volume. Definitely one to keep an eye on.
October is believed to be bullish according to S2F model and historically!
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The idea is: Buy the breakout from the trendline and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 0.875$
2. 0.945$
3. 10.3$
-------------------------------------------
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
EGLD will break out soon!Here's a quick Look at EGLD 4 hr chart. As we can see, the price has been forming a bigger symmetrical triangle and we could see a break to the upside soon! Definitely one to keep an eye on. October is believed to be bullish according to S2F model and historically!
The best entry would be, when the price breaks above the falling wedge with good amount of volume .
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The idea is: Buy the breakout from the symmetrical triangle and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 256$
2. 278$
3. 300$
-------------------------------------------
What are triangles when it comes to trading?
Key points:
"1. In technical analysis, a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Keep an eye on NEO - could reverse to the upside soon!Here's a quick Update on NEO 6 hr chart. As we can see, the price has been forming a bigger falling wedge and we could see a break to the upside soon! Definitely one to keep an eye on. October is believed to be bullish according to S2F model and historically!
The best entry would be, when the price breaks above the falling wedge with good amount of volume .
-------------------------------------------
The idea is: Buy the breakout from the falling wedge and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 44.3$
2. 53$
3. 57$
-------------------------------------------
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
October is going to be insane! DOGE breakout imminent!Here's a quick look at DOGE daily chart. As we can see, the price has been forming a bigger descending triangle and is currently at the apex of the triangle! Definitely one to keep an eye on. October is believed to be bullish according to S2F model and historically!
The best entry would be, when the price breaks above the descending triangle with good amount of volume .
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The idea is: Buy the breakout from the descending triangle and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 0.374$
2. 0.44$
3. 0.52$
4. 0.739$
-------------------------------------------
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
LINK x Cardano - Keep an eye on LINK! Here's a quick Update on LINK 6 hr chart. As we can see, the price has been forming an falling wedge and we could see a break to the upside soon! Definitely one to keep an eye on.
The best entry would be, when the price breaks above the falling wedge with good amount of volume .
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The idea is: Buy the breakout from the falling wedge and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 27.8$
2. 30$
3. 31.9$
4. 36$
-------------------------------------------
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
SOL Update - SOL oscillating in the support zone!Here's a quick Update on SOL 4 hr chart. As we can see, the price has been forming an falling wedge and we could see a break to the upside soon! Definitely one to keep an eye on.
The best entry would be, when the price breaks above the falling wedge with good amount of volume .
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The idea is: Buy the breakout from the falling wedge and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 156$
2. 180$
3. 194$
4. 216$
-------------------------------------------
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Is SOL Ready for another big push to the upside?!Here's a quick look at SOL 1 hr chart. As we can see, the price has been forming a descending triangle and we could see a break to the upside very soon! Definitely one to keep an eye on.
The best entry would be, when the price breaks above the descending triangle with good amount of volume .
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The idea is: Buy the breakout from the descending triangle and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 184$
2. 196$
3. 215$
-------------------------------------------
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Is ALICE The next AXS?! Keep an eye on this!Here's a quick look at ALICE 1 hr chart. As we can see, the price has been going sideways and has printed a symmetrical triangle. Definitely one to keep an eye on.
The best entry would be, when the price breaks above the symmetrical triangle with good amount of volume .
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The idea is: Buy the breakout from the symmetrical triangle and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 14.4$
2. 15.2$
3. 16.4$
-------------------------------------------
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Will BITCOIN reach $ 300,000 in this year (2021) ?The above given Bitcoin chart has depicted 2 bull run cycles and another one is still performing. If it will be perform as previous cycles #300,000 is the possible target.
2013 Top $ 1,163
2017 Top $ 19,666
2021 Top $ #####
#Iamnotafinancialadivisor#
#Doyourownresearch#
Thank you !
NWE Magnificent Break OutHappy to finally see this one ascend.
I am holding for more than my initial target of 0.017, which was surpassed today, closed today at 0.018.
AVAX held above Support Zone! Could be a good buy atm!Here's a quick look at AVAX 6 hr chart. As we can see, the price has printed a bigger falling wedge and is currently at a strong support Zone. This could be a good buy area, but we should be very careful of what BTC does next.
The best entry would be, when the price breaks above the falling wedge with good amount of volume .
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The idea is: Buy the breakout from the falling wedge and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone
1. 51.5$
2. 59$
3. 65$
4. 71$
-------------------------------------------
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
comp will breakout now !!!mostly all hour chart is just perfect but 1 day chart is superperfect . support and resistance are based on 1 day chart . if it break out next
target are 635 / 712
support 404 / 346
if it breakout then 521 zone will be a strong support .
a green line will act as support if it didnt breakout and pull backward .
2 posible breakout .
1 ) blue color line
2 ) green color line
fully focused on 1D candle . you can see some downtread in 4h or 1 h . but we are looking for big
Update on ADA - loading up for another big run to the upside!Here's a quick look at ADA 2 hr chart. As we can see, the price has been forming a descending triangle and we could see a break to the upside soon. Definitely one to keep an eye on. The best entry would be, when the price breaks above the descending triangle with good amount of volume.
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The idea is: Buy the breakout from the symmetrical triangle and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 3.1
2. 3.26$
3. 3.4$
-------------------------------------------
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
ADA loading up for another big run to the upside! Here's a quick look at ADA 1 hr chart. As we can see, the price has been forming a symmetrical triangle and we could see a break to the upside soon. Definitely one to keep an eye on. The best entry would be, when the price breaks above the symmetrical triangle with good amount of volume .
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The idea is: Buy the breakout from the symmetrical triangle and take profits at the levels shown in the chart.
Targets:
1. 3.26$
2. 3.4$
- Profits can also be taken in the resistance zone .
-------------------------------------------
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
AAVE Will move soon! Keep an eye on it!Here's a quick look at AAVE 6 hr chart. As we can see, the price has printed a bigger bull flag and we could see a break to the upside very soon! Definitely one to keep an eye on. The best entry would be, when the price breaks above the bull flag with good amount of volume .
-------------------------------------------
The idea is: Buy the breakout from the bull flag and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone
1. 470$
2. 489$
3. 506$
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!