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What Is Next For Ethereum ? 🚀🚀🚀A quick technical analysis on Ethereum price action giving an idea where most probably the Ethereum might reach in the future. 💡 ------------------------------------------------------------------------------------- Please press “Like” if you appreciate the trading idea 👍 “Follow” for more trading ideas in the future 👀 “Comment” below to share your thoughts with us and other traders 👥 ------------------------------------------------------------------------------------- Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️
Long
by CollegeofPips
2
📈 Bitcoin: Is This A Recovery or Just A Retracement? 📉In today’s analysis we are going to break down the price of Bitcoin and try to provide you with the relevant levels where you can benefit from in your trading journey. In our market overview, we are going to discuss what happened recently with the price action of Bitcoin and then we will go to show you our two difference scenarios which are, the long and the short one. Market Overview: By looking on the daily time frame we can see that the market tumbled on the 14th of April and the price of bitcoin depreciated more than 25% in just 11 days. However, in the last two days, the market found a bottom around the 47.500 USDT level and what we can see is a move upward where the price gained value of 15%. Long Scenario: We will begin by our most likely scenario which is to buy this coin. As you can see from the left screenshot the market is trading inside a bullish formation. As its name says this shows that we are in a bullish market, but the market currently posted a correction count to the 47.500 USDT level. To consider a buy position for BTC, we should first wait for a break of the strong resistance around the 57.400 USD price. If this breakout was a success with a relevant price action above the 57.400 USDT mark, this will lead to a further move upward toward the previous all-time high. Short Scenario: In our least likely scenario, we are going to short this coin based on the following analysis. The price managed to break the ascending wedge pattern to the downside which shows a potential beginning of a reversal. If we favor a sell position what we need to wait is a retracement toward the strong resistance (57.400 USDT) and see a relevant price action below this level. We need to mention here that there is around the 57.400 USDT mark a 61.80% Fibonacci level which could signals an end of the retracement before tumbling again toward the 47.500 USDT level. Bottom Line: No matter what position you will take, it is important to look at the formation of the candlesticks below and above the 57.400 USDT mark because price action provides a lot of information regarding who will dominate, whether the bulls or the bears. Good Luck & Trade Safely 🙂 ------------------------------------------------------------------------------------- Please press “Like” if you appreciate the trading idea 👍 “Follow” for more trading ideas in the future 👀 “Comment” below to share your thoughts with us and other traders 👥 ------------------------------------------------------------------------------------- Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️
B
by CollegeofPips
2
To Coin Or Not To CoinHello, and welcome back to HankGamez47's profile. Today's subject is on Coins. Ah yes, the notorious Coins. Anyway, the Coins (For example if your a new trader Bitcoin, Dogecoin, Ethereum, ect.) are a type of currency that you can "mine" with a computer. NOW JUST WAIT A FAT SECOND. Don't go on your computer and look up, "how do I mine Coins". Because it 1st of all: Takes a LONG time to actually make some currency or money. 2nd of all: You need to be a computer genius to do this stuff. 3rd and finally: I'm pretty sure you need a bunch of equipment to do this "mining". And no, they are not able to buy things using it unless you live in a state that has a store that excepts the currency. Now I'm no genius so I can't do this because. I'm 11 years old and I'm still learning everyday. In the link I'll leave some more of my Coin "ideas". So follow me and well thats it. Goodbye!
BITTREX:DOGEUSD
by Ag3ntH47
1
WHY I THINK ALTCOINS WANNA PUMPHellllllllllllllo traderss! Today I want to bring my thoughts about the current ALTCOIN crypto market. This is WHY I THINK ALTCOINS WANNA PUMP : After a globally known 2017 altaseason , the whole crypto market has been correcting all that big and insane movement. ALTS, had retraced from a 12,6% dominance (approx) to a 5% over the last years. which means a 61.8% fibonacci retracement (ABC) Now, as you may know , the market is killing it. The ALT dominance is brushing the last ATH which is extremely positive. Therefore, if we take a look on the technical analysis, using the fibonacci extension tool, and embracing the ellitot wave theory, we should see a new breakout of this ATH, estimating a new ATH between 15-22% on the next months. Let's see how it develops. See ya next chart!!
CRYPTOCAP:OTHERS.DLong
by Ometrading
#AAPL Trading plan!Hi friends! AAPL currently has a strong mirror level of 133.60$ After a false breakout of this level, the price has been pressed again to the level by parabolic rounding for 10 days. If the parabolic curve continues on the breakdown of the level of 133.60$, I plan to sell. Target 1 - 130$ Target 2 - 126.8$ ✔ Do not forget to trade using your own trading system and with stops! ✔ If you like what I do, put 👍 and subscribe! 🙌👀 ✔ This is the best gratitude for my work! 💕
NASDAQ:AAPLShort
by VS_trading
2
#TSLA Trading plan! Hi friends! I decided to share with you my forecast of the Tesla price movement in the near future. As we know, the value of this security has grown significantly in 2020. After the split, the share price went up again. And today the stock has met resistance at the $ 900 level. For five weeks now, the price has been trading in a channel between two strong levels (800-900) $ At the moment, the price is pressing towards the support level of $ 800, technically we have everything preconditions for forecasting a further fall in prices below the support level of $ 800. On the breakout of this level, I plan to sell this share. To technical analysis, we can attach the fundamental one. Since the New Year, a large number of leading automotive companies have announced the development and production of their electric cars. Which in any case will take part of the market from Tesla. Based on the above, we can get a short-term price drop! ✔ Do not forget to trade using your own trading system and with stops! ✔ If you like what I do, put 👍 and subscribe! 🙌👀 ✔ This is the best gratitude for my work! 💕
NASDAQ:TSLAShort
by VS_trading
BCH READY TO TAKE FLIGHT!Hello Community! Before we begin please support my idea with a thumbs up and a comment. It'll be greatly appreciated and will motivate me to post a little more! BCH/USDT has successfully broken major resistance shown by the trendline in the chart. MACD attempting a bullish cross. RSI made a higher low. We can expect steady grown from here. This is not Financial advice. Safe Trading Calculate Your Risk/Reward & Collect! Coin Donations Are Always Welcomed :) Simplicity Wins
Long
by rnaofs
1