lomg NEAR$NEAR is bouncing off Fibonacci 0.618 retracement level. Bullish trend is likely to continue and reach 6.54$
Crypto-trading
Bitcoin reached 2nd target. Book additional profit. Bitcoin reached 2nd target. Book additional profit and wait for new pattern.
BTC 200 Week SMA - Will it tap?Many are debating whether we tap the 200W SMA or not, like we have in previous bear markets - something like this would make sense to me if we did.
Price would enter previous bull market's peak-territory @ ~22k which is not something Bitcoin has normally done in the past (actually touching previous cycle's top, this would be very close to it).
Like & Share your thoughts in the comments! Are we heading there or not folks?
Will Tron become the next Luna ? YTD return on Tron still flat or slightly positive.
They created #USDD just few days before Luna crisis. Still lots of uncertainty with USDD while there is a high chance it will be another crisis for stablecoin.
Given the market condition & risk / reward, Tron give you the best opportunity to go short !
Investors should start monitoring and find a good entry, currently I will wait slightly higher before going short , good luck !
BNB long$BNB broke through the resistance level. Bullish movement to next resistance level at 336,1 is likely to happen.
New All Time High Soon or? Good morning people, nothing much to say here, let's get this to the moon, we need to see some kind of a pullback after this big move up.
Are we going for a All Time High? So we did keep the momentum upwards, and are close to the 0,725 fib retracement. But is the bulls strong enough to get it above the all time high? We need to see a little pullback, and a new swing high.
Break of an downwards trendline. Will it hold?So we did trade sideways from the previous pullback, where we did get a lower high, we still haven't managed to break the ATL.
Will this be a failed breakout, or will it find support on the trendline, and continue upwards to the red box.
short MATIC$MATIC bounced off the resistance level. Decline to support level at 0,574$ is likely to happen.
SOLUSDT 1D more dump coming !!!!#SOLUSDT on daily if doesn't bounces at 37.50 next lower target at demand zone lies at 20.01.
Death Cross Forms on Ethereum Classic Daily ChartEthereum Classic (ETC) printed the death cross signal on the daily chart, which is a warning signal that calls for more downside. The death cross signal occurs when the short-term 50-day simple moving average crosses below the long-term 200-day simple moving average.
Death Cross Signal
The last time the death cross signal occurred in October 2021, ETC fell by 62%. However, the last 3 times that ETH saw the death cross, it acted as a contrarian signal. On average, the death cross signal has triggered around a 30% sell-off before bouncing back. A 30% sell-off could send ETC's price down to around the $14 level.
In the short-term, ETC’s price is facing resistance between $24 and $26. Simultaneously, the RSI oscillator is also approaching the 50 mid-level. Therefore, if the RSI oscillator is able to break above the mid-level 50, bullish momentum may come back to the market.
Other Side of the Coin: On the flip side, a daily break and close above the $24 - $26 resistance zone could open the door for a retest of the 50-day SMA, which currently falls at $29.70. Further to the upside, the next major resistance comes around the $37.50 level.
long DOT$DOT broke through the descending trendline and the resistance level. Bullish movement to resistance at 10.8$ is expected to happen.
BTC/USD Daily Neutral BullishBTC/USD Daily neutral with a bullish bias. *FUD regarding Ethereum's Merge (which, according to Ethereum devs and community including Vitalik Buterin was due to a "non-trivial segmentation error stemming from out of date software" is actively being resolved) may have pushed some investors to BTC as it dropped to $28000 temporarily but remains relatively flat at $29500 while ETH and the broader crypto market has fallen roughly 5%. Which makes the crypto/equities-decoupling case this week pretty strong.* Recommended ratio: 51% BTC, 49% cash. Price is doing its very best to hold on to support at the 50/50 uptrend line from March 2017 ($29.5k) for what is now the sixteenth consecutive session (correction from the previous TA - the count was fourteen not thirteen then); it is completing a Descending Triangle which typically breaks to the downside so a tight stop loss is encouraged. Volume remains moderate and is on track to favor sellers for a second consecutive session if it closes today in the red, that wouldn't bode well for breakout chances. Parabolic SAR flips bearish at $26.6k, this margin is neutral at the moment. RSI is currently trending sideways at 39.26 as it hovers below the uptrend line from 01/22/22 at 42.41 resistance. Stochastic is currently trending up slightly at 93 and is barely bullish after trading neutrally since 05/23/22; the next resistance is max top (and it still has a bit of potential to coast in the 'Autobahn Zone' here). MACD remains bullish and is currently trending up at -1939 with no signs of peak formation; the next resistance is at -1435 and support (minor) at -2497. ADX is trending sideways at 44 while Price is trending sideways at ~$29.5k, this is neutral at the moment. If Price can manage to break out of the Descending Triangle from 05/10/22 and turn $30507 from resistance to support, the next likely target is a test of $36258 minor resistance. However, if Price breaks down out of the Descending Triangle then it will likely fall to $24180 minor support before potentially heading lower. Mental Stop Loss: (tight stop loss - one close below) $28600.
long CRV$CRV bounced off the support level. Bullish movement to resistance level at 1,51$ is possible.
ATOM long$ATOM is bouncing off the support level. Bullish movement to resistance level at 12,22$ is likely to happen.
XMR/USDT breakout Breakout happening on daily price action. Waiting for WMI to confirm money flow to the positive side to engage in trade.
Monero leading the way to end bull market?
short ALGO$ALGO is trading below its local support level. Further decline to support at recent low at 0,35 $ is likely to happen.
short ZEC$ZEC broke through the ascending trendline and now is training below its local support level. Decline to 87$ is likely to happen.
long ADA$ADA is bouncing off the support level. Bullish movement to resistance level at 0.55$ is possible.
APE short$APE bounced off the descending trendline and the resistance level. Bearish movement to support at 7,41$ is likely to happen.
long Bitcoin$BTC is breaking the symmetrical triangle to the upside. Bullish movement to resistance level at 32170$ is likely yo happen.
