Crypotcurrency
Buy the DIP! ETH TECHNICAL ANALYSISHere are the support zones for ETH
The lines that are larger represent the max support/resistance
The lines that are thinner represent the start of the support/resistance
I have no idea where the bottom might be. The trend line has been broke and the first support level too. HODL!
Split your capital for these support zones. Unless it comes back up soon, which if it does make sure it breaks a resistance zone and makes it support before putting in the rest of your capital.
Bitcoin BTC Repeat Accumulation Pattern?Since the May sell-off, BTC has shown the same pattern of accumulation multiple times.
1. Leverage Shakeout
2. Consolidation #1
3. False Breakout
4. Consolidation #2
5. Rally
If the pattern is to repeat, we are potentially in part 4.
Not to mention, most have flipped bearish and the direction seems clear to most which they believe is down.
There was also a very strong bid to short and cause another liquid cascade today but failed and had to cover their shorts.
Most expected a strong rally 2 weeks ago but didn't get it. Now they only see bearish outcomes. Perfect set up.
~S&P 500 All-Time High
~Bonds No reward
~Yields Have Strongly Rallied
~Daily RSI Still on Uptrend
Mid-January Bitcoin should flip to the upside.
Shiba Inu Weekly | Full Chart Analysis After 1636% @AlanSantanaThe weekly chart for Shiba Inu (SHIBUSDT) looks pretty interesting, we have multiple strong signals so let's look at the chart.
Don't worry about hitting LIKE and FOLLOW now, first we have to see what is going on.
Shiba Inu Weekly Chart Analysis with Alan Santana
A low was hit early September for the SHIBUSDT pair.
What followed was a very strong bullish wave.
We saw a total of 1636% from bottom to top, WOW!
This all took place in just 7 short weeks or 49 days.
After a strong bullish move a correction follows.
The SHIBUSDT peak was hit on the 25-Oct. weekly candle and then we had 7 weeks of correction.
Last week we hit a new low and prices starting to bounce/recover.
This week opens above EMA10, which tells us that the short-term potential is now going towards the bulls/GREEN.
We also have a bullish engulfing candle pattern here which is a bullish signal.
The RSI is staying above 50 which is good and there is definitely room to see prices move up.
We might go to new highs or not... Too soon to say, but a bounce is surely to take place.
Feel free to hit like now...
Thanks a lot for your support.
Namaste.
Analysis Doge/USDT on 2Days chartCurrently price is consolidating in support (pink block) right now. Ideally I would link to see price close above pink support first.
RSI is slowly moving towards 42, which means it is still in a range. Which could work for a grid bot. Not so good for trend traders. 'll be waiting for confirmation from the Supertrend Ninja indicator. And a close above pink support. Ideally I would like see some more green blocks on the Heikin Ashi indicator below as well. Before entering any trades. I have also drawn two grey resistance areas for the people interested.
In the chart I am using the Supertrend Ninja indicator, which is a trend-following indicator (Green and red vertical line with arrows).
When the background of the candlestick closes green with an upwards pointing pink arrow. It indicates a possible bullish (up)trend.
The Supertrend Ninja indicator gave only 3 bullish signals for the 2 day chart in 2021. And 4 bullish signals in 2020. Including two monstertrends (displayed with Purple dollar signs) triggered bij Elon Musks tweets. And a smaller third trend on 5th of July 2020 (pump of 86%). This indicator showed bullishness well before the tweets of Elon Musk. Which helped me a lot.
Thank you for reading.
Namasté
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades.
Past performance is no guarantee of future returns.
Ethereum hanging on by a threadEthereum is at a make it or break it moment. It is currently trading on a significant upward support line. We want to see a bounce here otherwise we will definitely go to lower prices. We have already seen over a 20% correction for Ethereum from its highs. Taking a Fibonacci from the previous low on the trendline to the highs shows us that currently the 0.5 level is held, this could act as a very strong support. This could be a massive reversal sign for the Ethereum price and we could see higher prices very soon.
bitcoin buying started at 47685. bitcoin buying started at 47685. The black TNT high! The TNT can show the high of an instrument and it can show the low of an instrument too. Once it occurs, you look for actions on the next bar. If it breaks and close above TNT high, it will go higher. if it breaks the close below the TNT low, it will go lower.
After the volatility spike, we go the TNT and it broke the high. It will go higher as long as this support holds.
LONG SHIB coin!For myself I am loving this pattern and the forward stacking catalyst of Robinhood listing coming up, Kraken listing going live, and Shibarium (own blockchain project). Retraced to buying levels and respecting the fib's and BB's very well. I already held 420,000,000 SHIB and added 65,000,000 today at these levels!
Stellar Lumens vs Tether Chart Analysis (XLMUSDT #10)Here we go again and now you will understand why I didn't chart USDT pairs in the past.
XLMUSDT (Stellar Lumens) has the same chart as LINKUSDT and TRXUSDT, these two were just published in my profile minutes ago.
In fact, the XLMUSDT is also the same chart as OMGUSDT the only difference is that OMGUSDT is more advanced, moving ahead.
Since the entire market is linked/connected, the rest are very, very likely to follow and thus we are bullish on all these coins.
To proof my point (last time I promise):
We have the strong drop 7-Sept.
Notice the correction from May to July and the bullish wave that followed.
Right now prices are above MA200 (black line on the chart), just a little more consolidation and it can go into bullish continuation.
If prices break below the colored lines (EMAs), the bearish gain some strength but the bulls are still in control since we are trading within higher lows.
If the last low breaks, we can say the bears are back on top.
Any other trading, retraces/corrections/price swings, aren't really important in the long run.
My view is that we will grow for years.
The Altcoins will be growing for years... If you go further back, you can see what I mean by higher lows:
Remember to hit LIKE.
Remember to bless me with your FOLLOW.
Comment also.
Thanks a lot for your continued support.
Namaste.
shib inu is bullish this is my take on shib. this meme coin is getting pumped but are you going to hodl or dump?? Remember your a trader not a robot, one whale can change the whole Market structure .Thank you all for your time !!
Promising Low Cap Crypto Pick!!! 200% gains!!!Come across this promising project by the name of cirus, showing a really nice setup technically. Have a read of the whitepaper before thinking of investing. Ideal entries @ $0.66. first take profit = 150%
Polkadot (DOT) next target around 90BINANCE:DOTUSDT is completed 1st wave and 2nd wave at 25.5
The 3rd wave is progressing to 90
If you missed last chance, you can buy DOT at around 41
Waiting for a breakout
⚡️ Crypto Insights ⚡️ #1What people tend to miss is the bigger picture.....
Let us look at the overall trend in the crypto space, which yesterday broke to ATHs. It is looking extremely strong with an uptrend on the weekly chart and a convergent MACD. For me this shows real strength, not just in BTC but in the whole crypto space.
It is a common misconception that ATH are a bad place to be getting into a market... yes it is a time to be cautious but it also shows incredible confidence and strength!
planning ADAUSDT 3 October 20211. Price at 2 October has breakout the highest price at 1 October 2021, so my cloncution trend is uptrend for TF H1
2. MA 48 is above EMA 168 so the price condition is also uptrend based on moving average
3. nearest support is at 2.224 and 2.173
my strategy is buy at golden area fibo or at support.
TP 1 is at level 1 fibo
TP 2 is at level 1.5 fibo
ALGO/USD will gain 50% in the next 2 weeksLooking at this chart - you can clearly see that ALGO is poised to go parabolic to the 3.20 range before fizzling. This of course if the triple top can be broken on the next push up the channel.
BTCUSDTdumped btc as analysed going to update reversal setup to the upside as well follow me for the update
on all cryptocurriencies
DOT looking strong!Hey everyone here is a DOT chart with relevant support and resistances marked as well with the pivot point!
Be safe and trade smart!
Much love
Nick
BITCOIN - Target hit! What's next? 🎯Hey everyone,
Bitcoin hit our target and bounced from the 20 Week SMA and 21 Week EMA levels from the Bull market band. The level is also the same as the fibonacci golden pocket. While I expected volatility, I didn't expect to happen in a minute 😆
With that said, it looks like Bitcoin is respecting a rising parallel channel for a while. Under this hypothesis, this is the time to BUY as it is less riskier. This argument is also supported with the RSI touching the OVERSOLD area in the 4h timeframe! The MACD still awaits for confirmation. For the bulls, the target will be at the 51k level but please, don't forget to put STOP LOSSES!!! Market can still be unstable.
If the price continues to go under the channel, we might need to look for entries at the fibonacci golden pocket at 43k.
Trade safely my friends!
Yours truly,
Aloo2k
Wave 1, 98% Gain? Wave 1 is taking the mid cycle dip low (July 20th) through a projected September 15th end point. From bottom to target 1 of wave 1, it would be a 98% gain. We'll see. :)
