Cryptoindicator
ETH Short Called By The DVO Indicator! Looking at ETH on the 4h, we can see our DVO indicator called the short perfectly! The top short was called at 2120 which remains strong resistance followed by 1925 (support turned resistance).
Now it's currently bouncing off the next support of 1850. I'm closely watching the DVO indicator to see if it flashes a buy near support. If it does, that will be a strong buy signal. If we fail to bounce here, I'm looking at 1710 as the next strong support level.
If you have any questions about my indicators or want to purchase them, please send me a DM :)
I would also appreciate a boost if you'd like to see more content like this!
Website coming soon...
Best Indicator for Crypto TradingBest Indicator for crypto trading is RSI ( Relative Strength Index ) is very necessary for technical analysis . Mostly traders observe the previous market volatility and predict future trends . All cryptocurrencies are run by blockchain technology so traders use this tools to analyses the markets fluctuation. There are many indicator for crypto trading but the relative strength index (RSI) is very popular. It's was launched in 1970s. A tool for traders that can use to observe how market perform and trend . It’s measure the volume and velocity of price momentum and velocity of candles movement. The RSI is very helpful tool and very popular among the professional traders. This is new concept of technical analysis and price predication of future market
Work of RSI Indicator
RSI is best indicator tool for crypto trading. This type of technical analysis trading tool which observe the quantitative of volume and price fluctuation in crypto trading. When momentum increases and price also increases and it gives signal that trade is being ready for buy in market. If trend signs bearish or market fluctuate downside that indicates that market is ready for sell because selling pressure is very high. Visit for more information.
ETH Rejects Towards Our Target! Ethereum Crypto TAIn this idea, I'm going to cover the main support/resistance levels for ETH, as well as the calls from my Wave Fusion indicator and where I think we're going from here!
As you can see from the chart above, Wave Fusion called the sell on ETH perfectly (blood moon) on the 1h chart and called the relief bounce (moon symbol) as well.
We had ETH in a horizontal channel and once it broke out, it started heading towards our target of 1229. Now we can see a downwards trend as formed (red diagonal line) that's been rejected multiple times.
The current resistance for ETH is now between that downward trend line and the bottom of the horizontal resistance channel (1260-1270). If we can break above these levels, I strongly belief we can reach the top of the channel at 1300 and will be well on our way to the top resistance of 1367. If we reject at those levels, my target will still stand at 1229. If we break below that, then unfortunately my next target is 1150 (strong support).
If you have any questions about my TA or the indicators I use, please comment below or send me a DM :)
Bitcoin Investor Tool - BTC likely to trade higher soonLooking at the Bitcoin Investor Tool chart which depicts Bitcoins price within the 2 year daily moving average and the same average multiplied by 5 we can see that Bitcoin is trading at the lower band of this channel.
While may trend a bit lower or even break it appears more likely that soon Bitcoin shall rise again and trend towards the upper band to ultimately create a new ATH above the upper band.
--------------------------------------------------------------------------------------------------------
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
Best Opportunity To Buy Bitcoin In Years?If you are a firm believer in the future of Bitcoin, or a newcomer to the market wanting to get started then this period we are in right now could offer one of the best opportunities to buy into the fastest growing assets while it's at a discount.
When the Pitchfork tool is overlaid on the BTC price action from 2021 onwards we can easily see how the current period offers superb value to buy Bitcoin.
Year To Date Price Action
When we analyse YTD price action of BTC we can see how price is currently within a triangle pattern, which suggests a consolidation period and usually a continuation of the previous trend.
A bullish break of this triangle pattern could be the catalyst for Bitcoin & the Crypto market as a whole to continue fulfilling this upwards trend.
LINK has a new DeFi-centric token investment strategySet Protocol, a DeFi-native investment platform, has added a new token set that rebalances between Chainlink’s LINK token and stablecoin USDC .
The efficacy of the strategy is dependent on ChainLink’s very own oracles.
The token has appreciated by approximately 130% since December 2019 & LINK strategy is signalling more long.