Crypto-trading
BTC TA MARCH 5 2022BTC is still looking pretty bearish, altough I do expect it to probably go up to 40-40,5K before dumping again to 35K, yesterday i posted on twitter to take profits near 38,5K and congratulations to those who followed the trade and made profit. If the price gets above 41,5K we will most likely see a 45K retest but this scenario is very unlikely as indicators are all bearish at the moment. For trading this current movement I would wait for price to hit 40-40,5K and short it, but set a stoploss with good risk management as the market can be unpredictable.
SOLANA Completing a 7 Month Inverted Cup and Handle SOLANA (SOLUSD) looking to complete a 7 month inverted cup and handle pattern. When the handle breaks under support, then retests it, if it rejects there, down we go. The link here explains the concept and how to trade it better than I can. Let's see how this plays out.
ZEC investors are facing trouble between huge consolidation* The Zcash coin price has been consolidating between a wide horizontal range ($140 to $80) for less than 2 months.
* At third attempt, bulls attempt to break the consolidation range; will they succeed or not?
The Zcash investors are hardly trying to break the boundation of horizontal range. If investors fail again, the short-sellers may dump the crypto price below demand zone (green).