$BTC to retest conversion line in Blue $21600$BTC to retest conversion line in Blue $21600 before moving up
Conversion
KNC Kyber Network. 8-12$ pt 2022Chart showing 0 resistance after 2.00. Lots of money to be made here. Yall remember Luna? Get that money
KNC Kyber Network. Short Term BullishKyber Network will be the next Luna. We need a break of 1.50 to confirm bullish divergence on Daily time frame. 4-5$ PT from a technical perspective, but from a potential perspective, knc has potential to run 100$+(approx 20+ bil dollar market cap)
GBPNZD Bearish Divergence + DisequilibriumOn the hourly and half-an-hourly timeframe, GBPNZD is showing bearish divergence signalling a pullback/reversal from its highs. Furthermore, price action is making higher highs while the Relative Strength Index is forming lower highs .
Additionally, there is disequilibrium between price and the conversion line (Fast Moving Average) on the hourly and 4-hourly timeframe. Price should retreat to meet the conversion line before potentially creating even more disequilibrium between the conversion line and base line which should also meet bringing price even lower towards it. Any tips/advice on how I could improve this analysis?
TBTS Trade Tip: Ichi mobile alarmsok, so firstly and most importantly i only use the conversion/baseline tool to identify a potential trade or confirm the direction of one im already in (or need to get out of). running out and simply switching long and short on the beep can have mixed results although when trending can yield more positives.
beside that my tutorial is for having the base/conv crossover setup on the phone as a simple prompt, a quick way to know to go and check chart out.
note; the lower timeframes will have your phone buzzing all the time and higher timeframes will be like rain in a desert. i have settled on the 8h timeframe for a good variety of play, it allows me to catch trends and trade scalps.
when identifying diagonal breaks early, a beep on the phone is a good idea that you are trading the right way.
check it out; set up alarms for crossover and check your charts only when it goes off. you will gain more free time off screen and increase your win streaks with this simple prompt
GBPAUD Long Analysis 8/5Looking at the daily chart at GBPAUD you can see that the ichimoku clouds are looking into switching from sell to buy, so to me it'll be a perfect time to put in a buy. I can see it potentially reaching the resistance zone 2.04797. Let me know what you think. I am still new to trading.
MNGA Bull predictionsMNGA has formed a cup and handle trend over the last few weeks, seeng lower volume but consistent proce strength. The 4hr chart is showing a high probability of a macd convergence and short term bull run. MNGA saw a steep price increase upon the news and release of several possitve press and financial statements. The recent bounce is most likely the first peak in a newly forming elliot wave, as shown on the chart.
Converged Triangle(BTC) break down to 12500 or up to 16000 againAlthough I still hodl some bags and with 10% balance at hand, I am still suffered whether I should put the rest into BTC and altcoins for short-term profit as well as long-term position.
I think it's not a good choice to action before the price break the converged triangle.
Right, I bet a little on long and expected to collect the profit near upper side of the triangle.
Let us see what will happen in these low-volume days before X-mas ends.
