ADA/USD to FALL!The Resistance line for the Cardano now acts as the Support one. The price has recently pulled back from the new Local Resistance and the price is falling. The decline is going to continue as MACD indicator suggests.
Crypt
VET.BTC (Y20.P3.E1).Its about timingHi All,
I see another small trade opportunity. Inverse H&S or triangle breakout.
Cheers,
S.Sari
Daily looks good
Weekly, still bullish but aware of the RSI (87%) in over extended region
BTC (Y20.P2.E20).Confluences for bullish scenarioHi All,
BTC has held a key level and broke the sloping trendline which usually means a bullish sign.
Not saying its time to go long, just another opportunity.
Note: A survey was recently done about general market sentiments and about 50% still are bearish which increases the likelyhood of a bullish trend still to come.
For now, target 9800
Please give me a like or tick for this post.
Cheers,
S.Sari
Daily perspective
Buy Ripple, Replicating January 2018 TImelineRipple didnt make the big shoot in price in line with Bitcoin yet,
while looking at previous bubble of late 2018, there is a gap between the two.
And by the time bitcoin started retracing, ripple picked up
Hope this time gap will replicate now.
TP at 1.05 to 1.10 range, or exit trade within a month
SL at 0.19
The Real Reason BTC Does What it Does!A brief explanation on the fundamental paradigms that actually drive the market.
BTC bearish movement in near future, looking for bottomDownward trend on BTC according to charts. Will still have lots of volatility in between. According to support resistance levels might go below 3K briefly between now and April.
TOP( 5+1 ) Crypto index analysis I tried to make something like Crypto index i used top 6 Crypto ( Bitcoin + top 5 altcoins )
for preparing this chart i add their price and divided to the total market cap weight respectively .
if you want to check chart you can use below phrase :
BTCUSDT/114+ETHUSDT/48.2+XRPUSDT/20+BCHUSD/13+LTCUSDT/5+EOSUSD/8
--------------------------------------------
Each time we touch the support line we saw bull run , at this point again we touch support line and MACD line shows confluence .
we can hear bulls sounds
Bitcoin Projections: Making It SimpleHey Everyone,
If you enjoy my content please like and follow. I do daily updates on bitcoin, and i'll do TA's on altcoin signals as well, but if you really want to stay up to date on everythign crypto then check out my discord channel "the crypto blend". I can't drop links but you can google it or just look it up in the discord platform. We leverage a team of professionals to bring you everythign crypto to one central location and we do it absolutely FREE. Bring a friend if you want FREE lifetime access to our premium channels once you join too :)
Lets jump into this...
My youtube video is up on this chart too if you want explantion for my projections.
Otherwise, establishing support over 8400 indicates a rally to 9k, and if we get shut down in or under that red box (8400) then I'm targeting 7700-7800, more specifically the 7775 target is the 618 fib golden pocket. If we drop to 7800 my mid term sentiment will be A LOT more bearish, I'm leaning more bear right now even though we have such wondeful news coming out in the crypto market these markets are too heavily manipualted for fundamentals to not be manipulated as well until we get more retail/institutional money in these markets to make the manipulation have less of an impact
Until we get over 9100 and establish strong support as we did previously I wont be turning my bullish sentiment that direction. Those are the numbers im watching for. lets see how it plays out.
Bitcoin GPS where are we ?Here's a thought. I had drawn some yellow trend lines using my Bollinger's one From December to February and one for now and their angles seemed much the same. So I then took the low of February and drew a yellow line to the point where the upper Bollinger touched the yellow trend line and did same for now. The next bit to imagine needs quite a bit of imagining, and that's why I put this in the education section. The MACD is a bit off based on my previous study of the patterns, but then I'm thinking G20 messed it up. Then again if the pattern is repeating like the double Top and as I've illustrated in my chart then Bitcoin may not make it past $9,900.
BTC LTC 30min tradePossibility on a fun day trade opportunity. Stochastic and MFI in an upward channel with MFI about to touch support.
We also have a wedge pattern forming indicating a "higher" probability breakout. Of course could be either side.
Awaiting confirmation with an increase of volume as well as a price break upward out of the wedge.
Another possibility if we see prices touch support line of wedge and bounce we can take a small long position as an earlier entry point, better probability for a price increase although it might smaller gains!!!
Long correction indeed, however it is a much needed correction.In order for someone, or something to take two or three steps forward sometimes a step back or two is needed as well.
MONACO - Head & Shoulders forming + Support and Resistance.We may be seeing a Head & Shoulders pattern form on Monaco, this currency tends to not sustain a high price for long since it has a low supply, therefore, it's extremely volatile so we usually always see a strong correction from a recent increase. We should also take into account that there is a solid Support and Resistance in place for the currency, you should watch these levels as indication to sell or accumulate, if we break through the resistance level we could see an uptrend to previous highs over the course of time, the support line has the opposite effect but I feel like that is unlikely at this point but we will probably touch down to it (You should pace buy at this point).
Orange Line - Resistance levels.
Purple Line - Support levels.
As always, trade accordingly. Good luck!
