Cryprocurrency
IOST back 2 back bullish harmonicsprice getting squeezed above ice lines from prev pattern with class C double bottom reversal divergence on the RSI and Classic divergence on the MACD oxygen may be needed for the potential elevation of this asset, also has continuation upside divergence on the daily. optimal price is green lateral support with stop below that. primary and secondary fib extensions are targets.
ADA Potential Buy entering Buy Zone 1ADA entering Buy Zone 1. Key Buy Zone highlighted between 23.6% and 50% Fib retracement levels (Buy Zone 1). Use the buy zone to map out your entry for buys. Mid term Price target at 127.20% Fibs $1.66 and the Fib extension level of 161.80% @ $1.88. These price targets are all in play for the coming month with a possible gain between 55% to 75% from Buy Zone 1 at the 38.20% Fib retracement level of $1.08.
Looking on the other side, a reversal from this price level is merely impossible and would mean the current price sinking down -127.2% but a possible touch at the 100% Fib retracement could be in play but I believe the bulls are very much still in control.
ETH/USD near resistance1,392 Supports ETH/USD
The trading pair continued sideways until the end of Tuesday, fluctuating within a considerable range of 1,360 and 1,600.
ETH/USD, ETH/USD headed down from 18:00 UTC on Thursday through to 08:00 UTC on Friday, 26th February.
Another downswing took place on Sunday, 28th February, with a minimum at 1,299.6.
BTCUSDT | Ultimate Analysis | The Correction CausesHello, dear subscribers!
Today we are going to introduce the complete Bitcoin analysis, technical analysis, fundamentals, correction causes and the future potential price action.
Let's GO!
SHORT TERM TECHNICAL ANALYSIS
Now everything looks very bullish. The falling wedge pattern played out and we can see the nice price increase above the very important $47286. If the BTC price find support above it (white scenario 2) the next important level to breakout is the $52209. These levels are vital to continue the bull run.
Potentially the price can return to $43829 level which is the strong support.
Is Elon Musk Playing 4-Dimensional Chess w/ BitcoinDoes anybody remember when Elon Musk tweeted, "Tesla stock price is too high, IMO", right before the continuation of one of the biggest historical rallies for a stock? I believe now may be the same case. If you are able to break certain resistance curves with financial assets, then once support quickly adds back towards the smaller dips, it can continue way past its previous price and have barely any resistance. I'm not saying this is what Elon Musk is trying to do, but if he is playing some sort of multidimensional chess game, who can blame him? That said, please do your own due diligence and invest at your own risk. Everything I say is on an opinion based basis.
RUNE/USDT LONGThorchain is going to have an upcoming announcement. Details are under NDA. Strong conviction RUNE will continue to rise based on near-term project developments. BINANCE:RUNEUSD
DOGE/USDT PREDICTION ANALYSISGood Morning for All Respected Investors and Respected Traders,
I made a simple analysis about DOGE/USDT
I suggest you to entry at 0,03 USDT and Take Profit at 0,09-1 USDT
Happy Trading you All !!
Critiques and comments are relly appreciated!!
Thank You!
Best,
PS: This is not Financial Advisor or Even Education. Please Do Your Own Research.
Game Plan #crypto Now that Litecoin has made all-time highs the question is what is next? The long breakout/trend trade from 81 is still intact. There has also been strong net volume as price has expanded to the upside. As long as price holds the 119 area I will remain long looking for continuation of the trend. Below 119 there might be a reversal opportunity but for now the trend is our friend. Consolidation/Range movement above all time highs might not be the worst as long as the support zone (highlighted rectangle) holds.
KMD/BTC | Key Level | Range Support | Trade Setup Today's chart – KMD BTC – consolidating at range/structural support. Price holding support validates a long trade to technical targets above.
Points to consider:
- Key level
- 21 EMA visual guide
- Oscillators oversold
Trading at its long-term range support; proceeding a stark correction. Price needs to hold support to form a bullish bias.
Further price action and trend continuation will allow the 21 EMA to act as a visual guide; a trade management tool assisting in defining risk. An S/R flip of the 21 EMA will further support the bullish bias.
The RSI is trading near oversold conditions indicating weakness in the immediate market. Stochastics are reaching oversold conditions and may remain oversold for some time, however, a valid buy cross will indicate momentum shifting on the macro time frame with stored momentum to the upside.
Overall, in my opinion, KMDBTC needs to hold support at this level for a long trade to technical targets above and risk defined below support.
What are your thoughts?
If you’ve read this far - thank you for following my work!
And as always,
Focus on you, and the money will too!
BTC BREAKOUT OR FAKEOUT?Is amazing to see BTC finally manage to enter the red zone, BTC has been in front of the doorstep three-time( 26/10/2019, 11/02/2020, and 01/06/2020) and unfortunately, BTC backed away.
And I just missed the chance to long BTC, and on a dilemma to take any trade on BTC.
I am still skeptical the BTC will passthrough this red zone and reach another high.
Why? Because:
1. The volume of BTC breaking the Triangle Pattern is so low ( it could be a potential Fakeout)
2. The MACD, although we have a crossover, look at how weak it is.
3. The RSI, if we are on the Overbought zone I would be glad because it indicating the trend is strong.
4. There is no best support to put on.
Thus, I would pass the current opportunity to take any entry, I would rather wait for it pass through this red zone taking entry around 11,4k. IF BTC goes close above the red zone we could put SL on 10k which is the optimal support for the current potential bull run.
We could short on the current price, right? Nah I pass too.
Is tempting but is really really risky, I don't see signs of exhaustion from the bull yet, the bull run is still legit, and taking short is just like standing in front of a rampage, waiting to be killed.
Shorter be patient, be careful of a rampage.
MATICBTC, Almost targeting ATH after breakout.Not at the best entry yet. But 164-192 is where the reward is worth the risk. Targeting top of the range and 450-500 after breakout. Who knows maybe a new ATH.
Same BTC, but different pair...Looking at things from a different view can always help!
BTCEUR is trading in a range just like BTCUSD but not as many fakeouts here and much more horizontal!
The bottom of mid-term range where BTCEUR is currently sitting (7900) can break soon since there is not much liquidity left, we may see a free fall like previous times to 5k area (6k on BTCUSD) or even lower (somewhere around 3k) if it doesn't hold.
On the bullish side, we can expect a new ATH, if BTC breaks out of the resistance zone (blue area).