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Crypto-trading

¿Bullish engulfing or bullish trap?Introduce Hello crypto community! We come from a busy week in the crypto world, and the sun is still overshadowed by various dark clouds and negative news. Remember, we have one of the highest weekly volumes ever in BTC history, a huge red weekly candle without much room for recovery. Remember that cryptosystems, even if they are more subject to speculation and the flow of smart money, first respond to the mathematical algorithms and codes that make them unique. Math never lies. If technically things don't rise and fundamentals don't help, the ideal recovery is far from happening. One big move, be it bearish or bullish, always leads to more moves slowly losing strength. We are just before the first movement Low. Fundamentals DXY started to recover this week, with the recovery slowing in major currencies, US500, commodities and cryptocurrency markets. The U.S. dollar index hitting the 109.3 level could lead to further losses in stocks. The bullish rally that started after favorable IPC data slowed. Also, we have retail sales data this week, more precisely on Wednesday, which will bring volatility to the market. Technical staff We have yet to reach support at 15.6k, we have bounced around 15.8k, found no buyers over the weekend and pulled a lot of money from exchanges due to the fear generated by FTX and its effects. If this level, which will now act as support, is not broken, we may face a partial recovery in price until the last confirmed resistance level is around 18.2k. around. Now, if we close above this level, the next resistance is at 19.2k, an area that the bears will defend. This is not investment advice, good trades and profits! !
by CRYPTONIA5
5
InvestMate|ETH Time for the third wave (quick outlook)💵ETH Time for the third wave. (quick outlook) 💵My stance on the ETH/USDT pair still remains bullish. 💵For the crypto market rises, I refer you to my previous post on Bitcoin in which I wrote extensively about the rise of this pair (and the crypto market as a whole) 💵In my opinion, we have already passed the bottom and it is now time for the upside. 💵After the first wave that reached $2k levels followed by a descent to levels of $1.1k 💵My opinion is that it is time to start a rally with a final target of $2600 in the next months. 🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀
Long
by InvestMate
2
¡A Big Liquidity Gap!Introduce Hello trading community! As can be expected, the crypto market will suffer after the Binance sell-off. Not only that, but data on Alameda's balance sheet was also leaked, leading to a possible bankruptcy of the company. Fundamentals It is normal for a black swan with these characteristics to have an impact on all cryptocurrencies, including BTC, and the same way it happened with LUNA, with liquidations of positions and massive price drops. Additionally, the price of BTC found no buyers above 21080K, causing the price to break through this support and retreat to the 20K area. Today we have the US midterm elections and Thursday's expected CPI data. as two events that may bring volatility to the market. DXY is showing no bullish signs, and if it breaks below 110, it could fall to the support area between 108 and 109. FTT/USDT technical analysis On the daily chart, we can see a breakout of a descending triangle with a target between $10 and $12. There is no liquidity or related buying in this area. Also, the MACD has yet to complete its bearish development and the RSI 14 is at the 23 level. Good deal and profit! !
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by CRYPTONIA5
InvestMate|BNB Lets go!💲BNB Lets go! 💲Binance coin never disappoints, being the 3rd most capitalised (not counting tether) cryptocurrency in the world 💲Demand for this cryptocurrency of the largest cryptocurrency exchange in the world never slows down. 💲This is also the case this time. 💲In the face of discounting the future in which the role of the bulls is significantly reduced looking at the dollar. And the Fed's decisions in the face of slowing inflation are no longer as hawkish as they were before. Only the most relevant projects are gaining. 💲Moving to the chart and observing that the price has already rebounded by 84.68% since the bottom, which took place on 18 January this year, is very impressive. 💲And as far as I can see it has no intention of stopping at all. 💲After a correction of 6.69%, the price is still pushing upwards. 💲This was by far the biggest correction in this upward impulse. 💲Looking at a broader perspective and doing a fibo measurement from peak to low, we see that the price is already confidently above the 0.236 level and heading towards 0.382 which falls at the 380 price level 💲All indications are that this is the level where we are likely to stop. 💲I encourage you to watch this cryptocurrency and follow the current upward momentum 🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀
Long
by InvestMate
6
InvestMate|ETH Ready for a bump💰ETH Ready for a bump. 💰Referring to my last post in which I predicted a rise on ETH. 💰The scenario remains unchanged still talking about an upward direction with a target point at $1800 and even in the near future at $2400 💰Why I think ETH is ready to break out. 💰Looking at the last few days in which the dollar tried to strengthen again causing a lot of turbulence on the prices of instruments such as: 💰Index s&p500: 💰Gold: 💰EUR/USD: 💰As we can see, all these charts are united by a sharp fall in value while the dollar strengthens. 💰The situation is different on ETH. 💰ETH scored a correction but a very small one, we barely saw the 0.382 level of the whole upward wave, which only allows us to think about the high potential that lies in this cryptocurrency. 💰Looking at the current wave structure and the fact that after yesterday's Fed decision to raise interest rates the price has visibly rebounded and buyers have been found, leads me to believe that we will see new current peaks in the coming days. 🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀
Long
by InvestMate
$MLNBUSDThese Sh1T coins are usually boring until they are NOT.. When they go they go. If you are patient and can set alerts and time as much as you can the tunring point there is profit to be made. here is an example of something i will be looking for on this Sh1T Ponzi coin... There is a clear Range that we are trading in marked on the change as "LOCAL-RH AND LOCAL-RL" Im looking for either Option A or Option B Option C is it just keep fizzling down into the abyss, if it does who cares. Option A is my prefereed Option as this is a big range and if it either uses the RANGE low as support il Look for an entry with stops below the range. OR if it break below the RANGE Low and Reclaims.. this is a bullish sign and a place i will look for entry also. Option B is less preferred, but if it uses the 30Min Range low as support and hold i will look for entry for a quick scalp trade. Again this may just fizzle to nothing but a lot of these coins usualyy give another swing opertunity after a large move. patience patience..
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by gillman_hugh
3
JASMY : ALL TIME LOW 2H AGO : THE CHANCE FOR WHALES TO RE- ENTERJasmy did the ALL-TIME LOW just 2 hours from now. This can be a new starting point for whales to get it on long term into the level that it should be. This is not trading advice, as any investment can be very risky. The coin is for this reason very interesting and expecting that we could see a pump on it in the coming time. It's a coin that is also listed on Binance and coinbase. All Time Low Oct 23, 2022 (2 hours ago) The coin has a max and total supply, which means it's not possible that more coins can be made.
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by Goldenbreakout
5
🏆JASMY WILL EXPLODE AFTER SONY AND TARGET 1 USD 2024We are years into the crypto world and have seen many trends from bull trends crash trends IPO and anyone that did make a start before 2016 know how much it's important to have a working product. manny IPO just has a plan with no product. JASMY has a working product and it's building huge on it. He has the best connections by SONY as nobody. he was the Former President and COO of Sony Corporation, President and COO of US Sony. When the new Playstation will start to build with the support of JASMY know that the price of JASMY will be not more add about cents but will increase to levels. When we study the project we see already products on market as secure PC, working on web 3. and they are working on a healthcare reward system. Until now there are still no updates, as CFO says soon he will add updates as said on discord AMA. This update shows only that SONY can moon this coin to very high targets. ( they can make a reward system, and even much more into the software with JASMY coin) ours expecting for Jasmy 1 USD in 2024, but it's also possible before. Depending on the price actions we see now, it's just very normal that there are some recovery trends, as long whales are building positions it's good. we follow the last trends from the team of JASMY and when there are updates we will add them. The reward system is also a very smart idea from JASMY. ( coming soon) Do always study.
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by Goldenbreakout
Weekly BTC shows SIGNS of bottom, why futures > spot🚨GOOD NEWS! 1/ $BTC NOT out of woods but making case again #BTC hasn't closed above weekly RED MOV since April #BITCOIN consolidation 19k, as we called long ago RSI Positive divergence BUY VOLUME good, volume in general = good Still think 24k on table 2/ Weekly #FuturesTrading $BTC shows what SPOT doesn't IMO STOP USING SPOT #BTC as main source! Volume shows NOTHING on spot However, look at #Bitcoin futures Volume picked up & good amount of buying We're @ inflection point, very soon we'll see IF THIS IS BOTTOM
CME:BTC1!
by ROYAL_OAK_INC