Cryptos
BTCUSD: Held the 1D MA100, now needs to break Resistance.BTCUSD is rebounding on the 1D MA100 exactly as it did on the previous HL wave of the 5 month Channel Up on March 10th. The 1D technicals are neutral (RSI = 45.138, MACD = -433.600, ADX = 31.812) confirming that this is the ideal long term buy entry.
On the March bottom the MACD made a Buy Cross (the only one) under 0.00, which validated the uptrend. We are close to repeating that so use it as a confirmation. Chart-wise the price needs to cross over the R1 (30,000) and hold the 1D MA50 as Support. If that happens, we will buy the breakout and TP = 34,000. If on the other hand the price breaks under the Channel Up first, we will sell and target the 1D MA200 (TP = 23,000).
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LDOUSD More downside to come. Bottom in July.Lido DAO/ LDOUSD is rebounding after the 1day RSI got oversold below 30.00.
Buy this short term rebound and target the 1day MA50 at 2.000.
We are planning a long term buy at the bottom of this Channel Up near 1.2000.
Long term Target = 3.5000.
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Bitcoin short-term view - next targets to watch out for 👀🐻🐂Bitcoin short-term update
(a) BTC reached my bearish target of 26,666👀
(b) next more distant bearish target at 25,363🐻
(c) next bullish target at 27,950🐂
Have a great day dear Crypto Nation😎
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Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
ETH is STILL in a PHASE B.If I Consider 12.05.21 being a Climax (BC) and 19.05.21 an AR, Then my FORK is set in the Following way :
Creek > 4379$
ICE > 1400$
MID Range > 2480$
ST > 3990$ / 1700$
UA > 4877$
1. WHY THE COLLAPSE as of 18.06.22 is NOT A SPRING ?
Even if PA has reintegrated the FORK, to being considered a SPRING (PHASE C), it should (PA) at least kick the ST @ 3900$ before sitting on any LPS (Last Point of Support) and exit by the TOP.
IT DID NOT !!!!
Furthermore, and obviously, the Volume does not show any potential sign with full lack of Harmony (Weiss) to confirm being a SPRING.
Finally, after made an Elastic Jump, it only arrived to reach the VAH then slipped back seeking some potential Liquidity before to reintegrate it again...
Mathematical deduction >
If not a SPRING, what could it being a part Major SOW ?
If not a PHASE C, then still in the Observation Phase (B) !
2. "THE b Shape" and THE LVN.
Even if my Fork, defined in the introduction, is not really accurate, let's express the Volume Profile of the ACTUAL RANGE since January 21 !
Actual VAH > 2075$
Actual VAL > 1031$
Actual POC > 1564$
As you can deduct by yourself, PA has reintegrated the FORK defined by the Fixed Range Volume Profile. There is NO JAC; No bounce, even for testing above the MID range of my initial FORK...
If reintegrated, then ST (1700$) should be the KEY, and POC might be visited again.
WHY it might be visited ? I have a big conviction that the LVN below this POC (1564$/1270$) should be closed ! I think it should be obvious for everyone who understand what the analyze of the volume profile really shows !
THE story of "b Shape".
It is not really over ! I agree ! Yes of course the PA should visit above the MID Range (2480+).
It should... When ? That is the question... Maybe tomorrow, maybe in one week, maybe in one month, a quarter...
BUT !!!!!
OPEN INTEREST providing us a very clear information regarding THE potential interest of MMakers... You don't agree with me ?
SO !
If there was not any UTAD made, we don't have the confirmation of the Breaking ICE. If we didn't see the SPRING, we should see it soon in order to get access above the MID Range ! And IF the SPRING (Phase C) might happen, where do you think, it will take the LQ if not below 1k figure ?
I just fixed 1k to not really afraid you !
Just Think about....
Don Pablo
HEXUSD: Crossed over the 1D MA50 giving a buy signal.HEXUSD crossed today over the 1D MA50 and despite the equally strong retracement back under it, it gave a strong buy signal on a 2 month horizon. The 1D technicals are neutral on the 1D timeframe (RSI = 47.190, ADX = 18.360) supported by the 1D MA200. Since it crossed above the LH trendline last week, it entered a same pattern as January 6th that rebounded straight to Fibonacci 1.382. We have a more modest target on R1 (TP = 0.13000).
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Bitcoin short-term update - next targets 🐻🐂Bitcoin short-term update
(a) BTC reached my mentioned bullish target of 29,305👀
(b) next bearish target at 27,950🐻
(c) next bullish target at 29,720🐂
Let me know your thoughts in the comments🤗
⬇️⬇️⬇️
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Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
KAVAUSD Pivot trade on the 1day MA200 closingKava/ KAVAUSD is trading inside a Channel Down on the 1D timeframe.
Today it is testing the 1day MA200 for the first time in 6 weeks.
If it closes a candle over it, buy and target 1.09000 (58.70% rise).
If it closes under it, sell and target 0.69000 (Support A).
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LUNCUSD Bearish under the 1day MA50, bullish over it.Terra Classic/ LUNCUSD is inside a Channel Down, which has the 1day MA50 as its Resistance since March 2nd.
As long as it trades under it, target 0.000075.
If it closes over it, target the 1day MA200 at 0.00014.
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Bitcoin - BTC near points of bullish power🔴Bitcoin BTC
The Cumulative Volume Delta (CVD) displays the cumulative volume changes based on the volume traded by sell aggressors🟢versus buy aggressors⚫️
Points of switch to bullish power🔴
Are we here dear Crypto Nation?👀🚨🚀
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Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
Binance Coin WCA - Ascending Triangle PatternHello and thank you for taking the time to read my post. Today, we analyze the Binance Coin (BNB) chart on the USDT pairing on the weekly scale, focusing on a classic price pattern called the "Ascending Triangle Pattern."
Ascending Triangle Pattern:
The ascending triangle pattern is a bullish continuation pattern that usually forms during an uptrend. It is characterized by a horizontal resistance line and an upward-sloping support line, representing higher lows. The pattern indicates that the buyers are gradually gaining control as they push the price higher, leading to an eventual breakout above the resistance line.
Analysis:
The general trend for Binance Coin was bearish since 08/11/2021, with the head and shoulders pattern marking the top. However, from 20/06/2022 onwards, we entered a consolidation movement characterized by an ascending triangle price pattern. This pattern displays multiple touchpoints on the horizontal resistance and two clear wicks as diagonal upward slanting support. All of this occurs above the 200 EMA, suggesting a bullish environment i.e a bullish continuation.
Price Targets and Resistance Levels:
The price target for this pattern is set at 494, representing a ~46% price increase from the current level. On the way to the target, we may face minor resistance at 453. A breakout above the horizontal resistance line would be a strong signal to enter a trade.
Breakout Filter:
A breakout filter of 5% helps to avoid false breakouts and premature entries. We will continue to monitor the chart closely for any signs of a breakout. Until then, this trade remains a watchlist candidate.
Conclusion:
The Binance Coin weekly chart analysis highlights the ascending triangle pattern, indicating the potential for a bullish continuation. As we wait for a breakout above the resistance line, traders should closely monitor this chart and consider proper risk management and position sizing before entering any trade.
Please note that this analysis is not financial advice. Always do your own due diligence when investing or trading.
If you found this analysis helpful, please like, share, and follow for more updates. Happy trading!
Best regards,
Karim Subhieh
BITCOINHello traders ,what do you think about BITCOIN? After reaching the ceiling of the ascending channel, Bitcoin could not cross it .Next, we expect it to fall to the midline of the channel and the specified support zone and then grow to the specified level
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