Will Bitcoin hold above $38K?
Extreme fear is pushing traders to sell all risk assets together: stocks, commodities, and crypto. The Crypto Fear & Greed Index is heading back into the "extreme fear" zone, and funding rates data from Coinglass confirmed the majority of market participants expect shorting to be a profitable next trade.
If prior March lows and already very negative sentiment are any indication, the level of $38,000 could likely hold. If it doesn't the next major support level is around $36,000. If the market turns, major resistance stands at $40,000.
Cryptoinvesting
🧿 A Lovely 🅱️bBtcChrt Wouldn't You Agree ? 🎱One Might Find
Themselves At A
Particularly Advantageous Time
To Buy Some
BTC At This
Point
Presently
Just A Thought
💜🔷Ⓜ️
BINANCE:BTCBUSD
ETHGBP D1 - Long Setup (DCA)ETHGBP D1
Very much the same investing stance on ETH as we have on BTC. We are looking for these daily support trading zones where we can look to average our entries to increase our position size.
The first support region (DCA entry point) would be £2350 ish, or as low as possible around the support region, you'll note we dipped to £2300.
A break beyond this trading zone would take us to around £2000, which again, would be a region where we look to further DCA.
Typically DCA on funds closed from previous highs and overperforming instruments. Close high, add low.
SHIB: Doing some good movements!Hey guys, this is Julie 😄
Let’s talk about SHIBA INU today:
SHIB is in an important region today, it has just reached the 21 EMA on the daily and weekly chart, which means that something good might happen soon.
SHIB has been falling since October, but it seems to have only been a pullback to the support level, which coincides with the 21 EMA.
On the hourly chart, we have an amazing bull trend, but I'm not sure we can trust it yet (unfortunately, I can't show the chart image).
We've seen SHIB doing this before, as you can see in that pink circle: the price closed above the 21 EMA, but the next candle formed a bear engulfing, and the price fell again.
So, because of that, I would wait to buy SHIB. It would be nice if it closes above this green line today, but I'd rather wait and see what will happen tomorrow.
And that's it for today. Thanks for reading my analysis! Please, support me with your like and subscription! 😊
Have a nice day! 😉
ADA: The STRONGEST support level!Hey guys, this is Julie 😊
Let's analyze ADA:
Today it has been a week since my first analysis of ADA, and it is at the same price level as before.
I like to look at the weekly chart because I am aiming for the long term, and this chart tells me more than the others.
Although ADA has been dropping for some time, I still feel comfortable with it because of this strong support level (green line).
It has been in this same region for 3 weeks, which has served as support many times before.
If by some chance this green support level is lost, I think ADA will target another support level, the pink line. I really don't think it can go below this level.
I see no reason at all to short ADA or to sell my position - high risk for little reward. I really believe (and hope) that it will rise from this point, I just don't know when.
As I said before, I really believe that soon the ADA will recover and go up. I really like this crypto and I trust its potential.
Let's see what will happen from here.
Thank you for reading my analysis! If you like this idea, please subscribe! 😍
Have a nice day, bye bye! 😊
ADA price and it's dominance analysisBINANCE:ADAUSDT
CRYPTOCAP:ADA.D
#Cardano ( $ada ) dominance is now so close to an important zone and it will be supported , price can go higher & higher
The main support zone of #ada is at 1$ but also at 1.50 we can expect for a support
+ on November 30 Cardano has a PAB update which can be nice for cardano .
what's your idea ?? mention it in comments :)
EOS daily analysis OKEX:EOSUSDT
hey guys
here we are with analysis about EOS at daily timeframe .
as we can see , the downtrend line which was with a steep slope is broken
and now price is moving in a neutral trend (ranging) + we can see weakness of bearish momentum
and I think 4.193 can be a good zone for buying and holding until it goes up to the last ATH
+ Alt season gonna start very soon and very nicely , so I think focusing on EOS , TRX , BNB and specially ADA can be very nice .
I tried to make everything clear for you on the chart
if you have any questions I can answer , mention it in comments
what do you think ? what's your view about EOS ?
DOGEUSD(4hr): Doge consolidating Market in the last 24hrs
The price can be seen moving between the middle and the bottom Bollinger band. Trading volume has been high in the last 24 hours and has been moving sideways suggesting a consolidated momentum.
Today’s Trend analysis
The price is expected to continue to oscillate between the middle and the bottom Bollinger band.
Price volatility was high at approximately 6.82%, with the day's range between $0.25 — $0.27.
Price at the time of publishing: $0.262
DOGE’s market cap: $34.56 Billion
However, the Indicator summary is giving a 'SELL' signal on DOGEUSD.
Out of 11 Oscillator indicators, 2 are giving a SELL signal, 9 are neutral and 0 are giving a BUY signal.
Out of 15 Moving average indicators, 12 are giving SELL signal, 1 is giving neutral and 2 are giving a BUY signal.
Trading volume has been very high in the last 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
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Any feedback and suggestions would help in further improving the analysis!
Waiting for ADA ...OKEX:ADAUSDT
hi guys .
here we are with just an analysis about Cardano
So when price is moving this way and has created such shape in chart , there are two scenarios :
1.Breakout to up and Sharp price growth (pump)
2.A sharp drop in prices (dump)
but according to the general atmosphere of the market which is bullish and also about Cardano that is left behind market growth , the first scenario is more possible .
And I already bought at 1.97
I'm optimistic about Cardano ...
what do you think guys ? what is your idea ?
FORUSDT 1H: Possible LONGFORUSDT 1H: Possible LONG
After a rebound from the level of 0.08000, further growth to the level of 0.5000 is possible.
💡#i33 : Hate it, Love it, Never Count It Out.. XRP 🏃🏾🥊🩸 XRP Multi-Time Frame ⌚⏰🕰️
Total Market Cap in USD.
I'd Like To Let
The Charts Do
The Walking Rather
I Do Much Talking
For This One.
Perhaps The Featured
Chartist @yonsfx
Would Care To Speak
On XRP Fundamentals 🧾
In Comments Below 🔻
Detailed Variants of Idea Chart Below 🖼️🎨
🌠 Featured Chart Artist ✨
XRP Enthusiast Maximus
@yonsfx 🕶️✖️😎
www.tradingview.com
CRYPTOCAP:XRP
BINANCE:XRPUSD
KRAKEN:XRPUSD
BITFINEX:XRPUSD
BITSTAMP:XRPUSD
Remain Bold Remain Bullish Crypt Future is Bright 🌊🏄♀️Levitation like rallies and Apocalyptic corrections.
BTC and by extension Crypto on whole, are in
extraordinary Bullish momentum phases.
As a former sceptic, semi-recent convert to the cause
my struggle was not comprehending what charts were actually communicating.
When the mind opened, wisdom was received.
Buy w/Cash. Buy Dips, Hold, Buy Dips repeat x infinitum
CRYPTOCAP:BTC
COINBASE:BTCUSD
COINBASE:BTCUST
FTX:BTCUSDT
BINANCE:BTCBUSD
LUNA UPDATEWe are still holding our SPOT position with a average entry of $6, currently up over 450%. What we can see now is price has made a nice pullback to our ascending trendline support which in the past has been holding strong. We can also see a megaphone formation which is another bullish confluence. Waiting for entry confirmations to look for a possible leveraged position to maximise profits.
💡#i31: GlassNode BTC Avg. #️HASHRATE Daily's👨🏻🔧🎇🧵Blazing into fresh grounds 🔥
Bitcoin Average Est. Hashes P/Sec
*Note* Current diverging strength 💪🏼
of the #HashRate as compared to
Softer BTC/Crypto Price action.
Detailed Variants of Idea Chart Below :
GLASSNODE:XTVCBTC_HASHRATE
COINBASE:BTCUSD
BINANCE:BTCBUSD
BINANCE:BTCUSDT
BITFINEX:BTCUST
FOREXCOM:BTCAUD
CRYPTOCAP:BTC
SOLANA SHORTAfter SOLANA skyrocket her price in the last days, unfortunately it faced a huge drop after the bullish market and it will keep going down,
- As we see in the chart we are noticing a rejection candle at the 128 MA and supported by the 50 MA but not for too long because the price is so far from the 200MA and as the behaviour shown of SOLANA market it will stay below it for a while
-We noticed the price motion crosses up the trend line and make it the new support level and keep going in a down trend
POV: u can enter a short position as what suggested and set TP above the 135USDT level (not a financial advice)*
Cardano ADA LongLook for price to pull back into bottom box to complete an head and shoulders on the 4hr chart. After that, look for buying pressure to enter the market to take us to New All Time Highs. First target $3.70 then $4.50, then $6.50 to $7.80 based on the fib extensions of the recent bullish impulsive move.