BTC 1D - Recovery to 40k in range? or will support break?The battle between bulls and bears continues unabated. The bulls are diligently supporting the support line, but will it hold this time? If it holds, BTC could break out to the upside and head back towards 35k or even higher.
This is not an investment recommendation. This is my opinion only and does not imply any advice to buy or sell Bitcoin.
Cross
Death Cross on 1D - Will BTC move down to <30K?Apparently the Bulls are attempting in vain to cushion the Death Cross, but seemingly they are not managing to do so, despite good news from Paraguay. There is a good chance that the price will fall further before it settles Time will tell. Elon Musk's tweet can be also classified as bearish.
BTC 1D - Bearish Trend? 1D Death Cross!?Despite good news from Paraguay, the Bulls cannot deny the emerging death cross on 1D. The negative headlines from China are still current and many miners still need to relocate before we have positive fundamentals. This could take a few weeks.
The current buying attempts to move the price to the 40k mark are attempts to save the current short term trend, but if this is not possible, the bearish trend might as we see before continue. That would be fatal for the altcoin market.
BTC - Consolidation after Death crossOkay, I believe that the death cross will have very little influence on the local bottom of BTC price as I think it's already been factored for. An interesting pattern i can see forming is an ascending triangle pattern with the Gann line as support and the red zone as resistance (area between the 55 and 200 EMA) . I believe once BTC is able to break past this level of resistance and then retest as support at least twice is confirmation of up trend and bull run. The gap is narrowing and this consolidation may last another month or so, but eventually a move will be made to the upside or down.
ETHUSD 2 buy signals incoming for tonight and tomorrow 20MA is very close to crossing 50MA and 100 MA.
The 20 over 50 cross will probably happen during the night (a time which whales like to make moves). That's usually a small buy signal, but given the regain of strength of BTC lately expect anything.
The 20 over 100 probably by tomorrow. This is a bigger buy signal that will probably break us out the wedge finally.
Note that these are bullish scenarios and that you should always prepare for the worst.
Hopefully I'm right :)
BUY XAUUSDGood morning everyone, I wish you'll doing well, as you can see we have this Golden point on XAUUSD which gives us a good signal that the market is going long, moreover our SPRING BOX which gave us the signal before the GOLDEN POINT. Buy XAUUSD and enjoy your day.
( For TP and SL put them on your own, i don't use them because i follow my strategy and it gives me the exact point to close, which allows me to get a high profit than what i will get if i use them)
HOT/USDT - Future (LONG)HOT/USDT
Binance future (LONG)
Leverage : 10x-20x (cross)
Entry price : Shown on Chart.
Take profits : (% of each target is shown on chart.(
TARGET 1 : $0.01900
TARGET 2 : $0.01950
TARGET 3 : $0.02010
TARGET 4 : $0.02100
TARGET 5 : $0.02160
TARGET 6 : $0.02220
TARGET 7 : $0.02300
Stop loss : $0.013
USE MAX 10% OF FUNDS
@a_madan
BTS/BTC - Uptrend Continuation - Golden Cross forming - 1DAfter yesterdays pump, BTS has corrected back to the 180 sats area. This is a decent price and we seem to have found new support around the 180 sats area. The correction was healthy and necessary, nothing to be afraid of.
Now, there are a couple of key points visible in the chart.
1. As marked by the green circle, the MA50 seems like it will cross the MA200 today or tomorrow. This is called a golden cross; a very good sign.
2. The RSI doesn't show any divergence. It achieved higher highs and higher lows, just as the price did. This indicates continuation of the current trend, which is obviously bullish.
3. MACD looks healthy and shows no signs that would indicate a reversal.
4. StochRSI (not present in this chart) has a reading of ~70, indicating we are not currently oversold.
Overal, looking at the daily chart, the prospects are good. After this correction, the uptrend will most likely continue and we will achieve higher highs than yesterday. Hourly chart indicates that we are currently oversold.
We will also keep an eye on BTC.D (Bitcoin Market Dominance), which seems to be falling. If it keeps falling, we might see the long awaited altseason occur soon.
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Orange lines => Targets (located @ support levels). If you want to take profit, do this slightly below these support lines.
Green line => New support zone
UBER Breakout ImminentThat 9 EMA is lurking underneath that 21 EMA
Sitting at an area of support
Got a bullish catalyst with some price target upgrades
Sitting above the point of control on the vol profile
Trading at key fib levels.
We should see a 9/21 bullish cross at the upside cross of the 50% fib, to try to retest the downtrend resistance.
MRNA Reversal ConfirmedBounce off of the 20EMA yesterday (took calls yesterday, alerted in discord), flew right through previous resistance at 136. Long over this level, Targeting 146 next week, 160 end of month. Original SL below the 128, now trailing at 20%. 20EMA has still yet to cross, should see a pop if this reversal holds on the daily. Channel reversal confirmed could make MRNA a great long term hold!
LT Disjointed EURUSD Channel with FibJust a musing, now translating the EURUSD from a LT bearish wedge into a newly forming megaphone. Volatile to the downside if so, but in a tight range for now. Will post the close-up next. Retracing to the 1yr MA on the cards before resumption to the upside maybe.