According to the current market situation, BNB is being traded at approximately $300 and it has been fluctuating between $200-$300 for the past few months. Looking at the weekly chart, $340 is a significant resistance level, and if the price falls below this level, there could be a further downtrend. It is expected that BNB will reach a 0.5 Fib retracement...
Quick update on Bitcoin. Our old Cup and Handle pattern has been completed and the target was reached. Now, it appears as though a new Cup and Handle pattern is forming. Let's take a look at the charts and find some good entry/re-entry areas. Stew
Previously posted about the BTCUSD long range screen. On Oct 30, posted: " At the the current time, the excitement of the BTCUSD (and other alt coins) surge in the recent week may or may not be the end of the bear market. But according to this technical model, it appears that it is not quite ready or ripe for the start of a bull run ; and by projection, and...
The Internet Computer Protocol (ICPUSD) broke yesterday above its 1D MA50 (blue trend-line) for the first time since April 08 (completing 3 months below it, the most during this Bear Market). With the 1D RSI just below its 11 month Resistance Zone that has priced all Lower Highs within this Bearish Megaphone pattern that started in September 2021, we should be...
Fantom is in falling wedge BINANCE:FTMUSDT has a support at 0.95 and ascending trendline nearby So WAIT for a BREAKOUT! High risk high return! Buy with SL below support. Target at 2.1
As predicted $FTM did bounce from 0.382 fib level and has gone up 26% since. Do take profits along the way and I do expect this coin to come down in the short term and potential comeback down to the 0.382 fib level in which those who have not entered or bought this coin will have the opportunity to buy it back at a lower price.
$XMR has gone up 18% since the last post after its breakout and retest on the downward trend line. Do take some profits along the way, however, I do expect it to go a little higher
Look at this one, we are comparing BTC's recent price action with late January... It is the same. I draw a pattern for the Jan. bottom and literally hit copy/paste. The second peak on the current pattern was lower, the rest stays the same. We also have high volume on the breakout... The indicators are looking better now than last month. It is possible to see a...
XRP has pivoted off strong Demand zone and back in Triangle with momentum turning. Levels of resistance or Target to the upside now become top of trendline resistance (triangle) T1 , followed by T2 and T3 . Focused on T1 for now, as I would like to see more volume come in this week to send it. Without volume / liquidity , XRP is prone to rejection at any of...
I posted on my previous idea the bullish play out for BTC, but also mentioned what would happen if Bitcoin failed to break out on top. Unfortunately we saw a rejection in the resistance zone once again, and Bitcoin broke to the bottom of the flat top Ascending triangle. So what are the current and near future predictions for BTC? As we can see in the chart above,...
Reading this tight range Monday doesn’t look good at all we may get one long candle on the weekly Wait to execute if you’d like
As noted earlier, BTC is at risk of falling from the $60,000 support amid an overall sideways bias. A fall from the current price level could push the benchmark cryptocurrency to retest the $57,500 support, which should align with the 4-hour 200 SMA if that happens. Interestingly, BTC currently trades within a bullish flag on our 4-hour chart. That said, the...
Trias the 2021-2022 bull gem and will go parabolic !!! just look at that fractals + fib ! A lot of crypto news will follow this after it pumps to the targets on display
Bitcoin is moving inside a rising wedge. A drop expected after breaking out the trendline.
Hi friends, I think ADA will go up after restest to the trendline. **feel free to correct me or share your views in the comments.
These are the Fibonacci retracements I am watching for BTCUSD today : N1: 36799 N2: 37189 N3: 37819 Current intraday trend likely UP DON'T FORGET TO SET STOP LOSS IN CASE OF NO REVERSAL FOR A LONG TIME Examples of SL and TP : SL could be @ Fibo level 4 (38690) TP could be @ Fibo level 0 (37169) Again these are just EXAMPLES ; these are the simpliest way to...
Recent events sending Dogecoin to increase by 400%, with a combination of 4/20 and pure demand. Elon musk is obviously doing his bit to quite literally put DOGECOIN TO THE MOON and is a big contributor towards the rises, and market volatility. We must also take into consideration the HUGE amount of DOGECOIN that is store by apparently GameStop. Regardless of who...
Greetings fellow traders! First time TA on Decentraland! I'm a gamer myself. So, this is one of my favorite crypto projects. Obviously I'm bullish. ^_^. Technically speaking we're seeing a pretty big symmetrical triangle on the 1H chart. Looks like EMI 1 is signaling a bullish reversal or confirming a support. If it does, it will confirm the bullish pennant....