bitcoin path of least resistance imoyou hate it but you might learn to love it
just seems down is the easier option given 5 months of price action couldnt break resistance
positive etf news might change things but tbh it looks priced in
negative etf news would accelerate the move.
dont fear the dump
Crypot
✴️ Cardano's Full Potential Revealed (240% to 345%)We always have so much data to look at that it is easy to predict where the market is going.
It is easy to find the end of a correction and also the start of the next wave.
It is not easy to predict exact timing or targets but the direction should be enough if you are here to trade.
Last week we closed with a hammer, this is repeated across the entire market, many are moving ahead.
We see this week green for Cardano, volume going higher.
Green volume moves up, red volume tends to be low.
We've been looking at it up close and thus the potential small.
We are active with 10x although we do not recommend leveraged trades, only experts should do it. Beginners should trade spot and once successful can decide to upgrade.
If you look at FETUSDT, it already hit its January 2022 price and is consolidating for more.
What one does, the rest follows... So, if we match ADAUSDT January 2022 price that would be around $1.33.
We like to be conservative, just not to get greedy and thus let's say that the next target is $1.17.
Sell portions at each target, always leave something behind in case it goes higher... If you are playing the game, you know what I mean.
Buy and hold long-term, yes, I know you are also around...
I just decided that I will hold through the next bear market, in fact, I will buy to support the market. That's in late 2025 and 2026. I will buy everything you guys sell and hold for years until the next wave... Somebody has to do it.
Namaste.
BITCON Long From Support! Buy!
Hello,Traders!
BITCOIN fell down as I predicted
And is now retesting a local horizontal support level
Which implies at least a local rebound
So despite my mixed bias I think
That a low risk 0.5% long
Can be taken here
With the target being nearby
Buy!
Like, comment and subscribe to boost your trading!
See other ideas below too!
XAU/USD (gold) long idea This is my very ambitious gold trade idea.
This may not happen for a while or may not happen at all something could happen that makes this trade invalid before it even starts to develop
So with this trade im still waiting for gold to stop consolidating
There are 6 main points of this trade.
1st point as seen on the chart Gold respects the "flag pattern" i.e bullish and bearish flag as seen the formation of the flag occurs before number 2 happens
2nd a huge bearish impulsive move making the price of gold plummet from around 1950 to 1850 3rd us the start of the consolidation as seen as well the consolidation is forming the bullish flag that caused a huge dump in the price of gold
4th is the very important zone of 0.5 fib not only that but in the higher time frame there is a solid form of resistance in that area i think this could server as a catalyst to push the price of gold to the downside and continue the bearish trend.
5th is the potential break of the bullish flag this could serve as fuel to the fire and cause long traders to finally switch and turn short this will only serve to push the price even lower
6th as many traders know the price of anything cant just push down indefinitely the price will have to retrace and this is where I think the retracement will end it will test the 0.382 fib zone a solid resistance which was once support and the trend line in the higher time frames.
If everything falls into place this trade has a 1-9 risk to reward
But we all know trading isnt this easy to be careful guys
Comment anything you agree with or anything you disagree with feel free to tell me how stupid my analysis is all feedback is welcomed
Bitcoin Elliott wave Analysis 5th Wave#BTCUSD Elliott wave Update:
#BTC After 1,2,3 wave we done and 4th Wave Retracement and now we are right Track
5th Wave Target would be above $9000.
I can Expect 5thb Wave till $9475.
Next Target would be $9475.
Support: $8374 / $7949
Resistance: $8730
Guys If $8374 break then we can see again $8000 because $7943 is also strong Support.
But now we are bullish mode so we can't expect bellow $8000 again.
but if its happening then we can buy more bitcoins.
like and follow me and share me thank you