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BTCUSDTBTCUSDT We are currently seeing some interesting BTCUSDT price action. The second time the price is trying to break through the strong resistance at $31162. We consider two scenarios. Bearish scenario: If BTC fails to break through the indicated resistance and bounces off of it, we may see a reverse bounce down. Our green trend line may come under pressure and if the price moves lower, the next support levels are in the $23345-$19942 range. Bullish scenario: In the event of a breakdown and holding positions above the $31162 resistance level, this may open the way for further growth. Here our targets will be in the range of $33900-37100 Our recommendation: We advise you to keep 10-20% of your deposit in BTC in case the 2019 scenario repeats. Good luck and good deals! If you like the idea, don't forget to subscribe and rate like👍
by Andrey_Crypto
3
ETHUSDETHUSD Thoughts On the ether chart, we observe uncertainty, as well as on all market assets in principle. The chances of going up or down are literally 50/50. I would refrain from trading ETH for now, because I don’t really like such situations. But for those who trade, I will highlight the main theses on the chart: The blue lines indicate the nearest targets in case of a breakout of the chart up. These are the levels: $2113 - $2271 - $2457 Support levels are marked with red lines: $1532 - $1717 Global support is at $1379 Of course, it is worth focusing strictly on BTC and its reaction. While we are monitoring the market and in case of any updates we will inform you about everything. If you like the idea, don't forget to subscribe and rate like👍
BITSTAMP:ETHUSD
by Andrey_Crypto
2
DXY (USD Index)DXY (USD Index) DXY is a measure of the value of the US dollar against a basket of 6 major world currencies. If the DXY goes up, it means that the dollar is getting stronger. Now DXY has broken the downtrend and is at the level of 104.17. This may indicate the growth of the US economy or a decrease in global risks. 📗Following targets are indicated on the chart with blue lines: 105.25 - 106.33 - 107.67 But how does this affect the crypto market? First, a strong dollar may reduce investment in risky assets such as cryptocurrencies, as investors may prefer safer assets. Secondly, with the growth of the dollar, the price of cryptocurrencies, expressed in dollars, may artificially decrease. But remember that the cryptocurrency market is subject to its own laws and can sometimes ignore the classic laws of the financial market. Stay connected and stay tuned! If you like the idea, don't forget to subscribe and rate like👍
TVC:DXY
by Andrey_Crypto
1
ATOMUSDTATOMUSDT Parsing A symmetrical triangle pattern appeared on the chart. Exits from a symmetrical triangle can be either up or down, depending on which level breaks first. If the price of an asset breaks through the resistance level, then this indicates that an uptrend is starting in the market. If the price of an asset breaks through the support level, then this indicates the beginning of a downtrend. It should also be noted that the symmetrical triangle can only be applied in certain market conditions, when the price of an asset is in a sideways trend and does not have a clear direction. In short, the symmetrical triangle is the most misunderstood of all triangle patterns. So far, the following picture has emerged on the global chart: The main support for atom is at $8.494 and $6.393. In the event of a collapse of the entire market, it is worth looking for rebound zones at these levels. We would not recommend taking short-term positions yet. It is worth waiting for the breakout of either support or resistance of the symmetrical triangle. In case of breaking through the resistance, it is worth considering the following targets: 17.124 - 19.925 - 23.621 (marked with blue lines on the chart) If you like the idea, don't forget to subscribe and rate like👍
by Andrey_Crypto
4
LTCUSDTLTCUSDT Litecoin may exit the falling wedge upwards. This pattern is a bullish pattern that usually leads to higher prices. In case of successful completion of the pattern, the targets are considered at the level: $94 - $98 - $100.55 At the same time, we advise you to enter the position only with a small percentage of the deposit, because BTC can very likely go even lower. In this case, the reaction will be appropriate. If you like the idea, don't forget to subscribe and rate like👍
by Andrey_Crypto
XRPUSDXRPUSD Thoughts After a long consolidation, Ripple has received a new impetus. At the moment, the price is approaching the global resistance zone at the level of 0.6. If XRP is able to break through this level and gain a foothold above it, then the likelihood of further upward momentum increases. In this scenario, we consider the following targets (indicated by blue lines): 0.6916 - 0.7476 - 0.8358 - 0.9038 We advise you to buy XRP 1% -3% of the deposit. It is also worth remembering that Ripple very often it goes against the market. It is worth remembering this and being prepared for such an outcome. If you like the idea, don't forget to subscribe and rate like👍
by Andrey_Crypto
DASHBTCDASHBTC Thoughts Today we will analyze the DASHBTC chart. Since the momentum of 2017, the asset seems to have died. This was the peak, after which we saw only a decline. At the moment, the price has broken through another bottom and went into the area of the 2014 zone. There is no asset, no volumes either. We are now below the 0.005 zone and continue to make new lows. The asset is losing its relevance, we advise you not to consider it as an investment or speculation yet. In case of any interesting updates on the chart, we will definitely inform you. If you like the idea, don't forget to subscribe and rate like👍
by Andrey_Crypto
BTCUSDTBTCUSDT Thoughts At the moment, there is a fading on the chart after the March impulse. A local resistance zone has formed and the price is gradually declining towards support. Trying to guess where the course will go now is like playing roulette. An upward trend can only be considered after the red resistance line has been broken. Before that, there can be no talk of a global long. In case of a decline, you can look for rebound zones near the red lines at $24,370 and $23,650. At the moment we are sitting without large positions in anticipation of a reaction on the chart. There is no need to rush now. Our task is not only to earn, but also not to lose. If you like the idea, don't forget to subscribe and rate like👍
by Andrey_Crypto
ZECUSDTZECUSDT: Channel trading Price fixes below high volumes Most likely, for some time the price will be traded in the channel, it is not worth buying in the middle of the channel. Support about 39-26 If the $26 support is not triggered by the end of the bear market, the price will be looking for a new bottom. -------------------------------------------------------------------------------------------------------------- ✅If you like the idea, don't forget to subscribe and rate like👍
by Andrey_Crypto
ETHUSDTETHUSDT Thoughts On the ETHUSDT chart, a Bullish Wedge pattern is forming. A "bullish wedge" is characterized by narrow upper and lower boundaries that approach each other, forming a wedge-shaped structure. It often signals a possible trend reversal in favor of the bulls, especially if it forms in the context of a downtrend. At the same time, it is worth considering that the observed wedge has some inconsistencies with the ideal pattern, which can mean a lot of uncertainty and risk. When analyzing ETH, it is always important to consider the dynamics of BTC, since BTC contains the bulk of the capitalization. Thus, despite the appearance of a bullish wedge on the ETHUSDT chart, we recommend focusing on the big picture, including the behavior of BTC. As always, carefully calculate your risks and act strictly with a cool head. If you like the idea, don't forget to subscribe and rate like👍
by Andrey_Crypto
BARUSDTBARUSDT Thoughts On this altcoin, we often observed manipulative movements. Huge candles left behind shadows, after which there was a small consolidation and a strong fall. Now, there are fewer strong upward movements, which means that the main supply of the coin was bought out by one player. Volatility is on the decline, and any attempts from sellers to push through the support line end in a rebound. This is a great example of a Descending Triangle pattern being formed. At the moment, the price is in the middle of the triangle, waiting for the next impulse. ☑️ Global targets in case of penetration are indicated on the chart by blue lines: 5.95 - 7.61 - 9.40 ⛔️ In order to prevent losses in case of force majeure, we put a stop at the level of $3.81 But remember that everything can change at any time, you need to be flexible and monitor the market. If you like the idea, don't forget to subscribe and rate like👍
by Andrey_Crypto
ETHUSDLONGSETHUSDLONGS Thoughts At the moment, we are seeing a new surge of interest in ETH long positions from traders. This growth is extremely interesting, because the last time such "green" sentiment was observed at the beginning of 2023, after which we saw a strong drop and subsequent consolidation almost 4 months long. The growth of longs will mark an increase in interest in the asset from buyers, which in the future may mean the upcoming green chart. But do not blindly look at one indicator or factor. Look at the situation globally and make informed decisions. If you like the idea, don't forget to subscribe and rate like👍
BITFINEX:ETHUSDLONGS
by Andrey_Crypto
ICPUSDTICPUSDT Thoughts After a long fall, the coin was able to find a local bottom and go flat. A couple of times there was an attempt to break through the downward resistance, but it was not successful. Strong resistance provided final confirmation that a Descending Triangle pattern had formed. After the third attempt to break through the resistance, the price froze and began to gain strength for the next impulse. ✅ Global targets for upward breakdown are indicated on the chart by blue lines: 7.524 - 8.305 - 9.240 We don’t set a stop yet, we focus on the state of BTC. For a futures setup, set targets and stops yourself, focusing on your shoulders. We put a stop at $4.9 But remember that things can change at any moment. You need to be flexible and monitor the market. Make a decision strictly with a cool head and do not give in to emotions. If you like the idea, don't forget to subscribe and rate like👍
by Andrey_Crypto
TOTAL2TOTAL2 Analysis TOTAL2 is the total market capitalization of cryptocurrencies, excluding the total capitalization of BTC. The chart clearly shows the formation of a bullish wedge. This is a technical analysis chart pattern that usually heralds a future uptrend. 📐A bullish wedge forms when the price range narrows and trading volumes decrease. Usually, the exit from the bullish wedge occurs upwards, with a breakout of the upper trend line. This signals a resumption of the growth trend. It is worth noting that you need to use additional indicators and analyze the news background to confirm the correctness of your forecast. Always trade responsibly and with a cool head. If you like the idea, don't forget to subscribe and rate like👍
CRYPTOCAP:TOTAL2
by Andrey_Crypto
ETHUSDT Symmetrical TriangleETHUSDT: Symmetrical Triangle At the moment, a symmetrical triangle pattern has formed on the chart. In total, there are 3 types of triangles: 1. Downward - starts from the support level and moves down with a gradual update of the lows. 2. Rising - starts from the resistance level and moves up with a gradual update of the highs. 3. Symmetric - the price fluctuates between local highs and lows with a gradually "fading" amplitude. Exits from a symmetrical triangle can be either up or down, depending on which level breaks first. If the price of an asset breaks through the resistance level, then this indicates that an uptrend is starting in the market. If the price of an asset breaks through the support level, then this indicates the beginning of a downtrend. It should also be noted that the symmetrical triangle can only be applied in certain market conditions, when the price of an asset is in a sideways trend and does not have a clear direction, as it is now. If you like the idea, don't forget to subscribe and rate like👍
by Andrey_Crypto
ADAUSDTADAUSDT Thoughts An inverted Head and Shoulders pattern has formed on the Cardano chart. The line of the right shoulder has already been broken and the impulse went up. Judging by the general situation on the market, it is worth considering opening short-term positions on the spot on ADA with the final target at 0.5542 (tp is set taking into account the development of the pattern on TA, we focus on the situation). Here are some sample thoughts for those who want to enter a position on futures: ADA long Entry: up to 0.4225 (it is worth gaining only on a rollback to the shoulder line) 🔘Position addition: 0.4005 Shoulder: 5-10X 🟢Take-Profit: 0.4960 - 0.5552 🚫Stop: 0.3736 Focus strictly on your shoulders, do not forget to drag stops into boo and divide the margin to gain a position. Move stops with take calculation 25% - 50% - 75% -... If you like the idea, don't forget to subscribe and rate like👍
by Andrey_Crypto
2