Uptrend forming on the Daily chart With a new high in sight. Forming a new high means breaking the strong resistance at $25,114. A break here and we will be at $30k again. Although there are some really crazy news that will affect crypto badly and we wish this isn't just a quick cash grab.
Good ole BTC. It's been consolidating in a small range for the past few days. I don't like taking a trade at this price(22200-22500) but here are the trades I am going to look out for depending on which way we move. Trade Type:Long Despite price being surpressed at a multi-month level we are seeing signs of an overall uprward market structure change(still...
Price has reached a long term down trend line with barely non-stop price action in the last weeks. Price is not expected to break the trend line without previously revisiting the 0,2 - 0,165 USDT zone. If it managed to break the trend line, expect a retest to 0,2 USDT and a further attack to the 0,49-0,62 USD area.
Just going to leave this here as an idea to watch What is interesting, is that if the crypto "Cycles" are in fact Elliot waves, there Will be a ABC correction at some point Or would there have to be ? Interested to know what you think
💲MATIC The Scenario Is coming to Realisation 💲We have dropped into the support zone exactly as I predicted in my last post: 💲Is it time to go up? 💲Everything looks like it. 💲After falling to the support zone I set last time. 💲If we break through the nearest resistance zone and start a continuation of the increases. 💲The strongest resistance zone around 1.06...
Looking at Solana on the 4 hour chart with the Ichimoku Cloud we see Solana is in a downtrend and will continue until at least $12.95. I am still bullish overall, but looks like this is a situation where you have to buy dips all the way $18. Where I have my white arrow marked above the cloud shows that the price of Solana is under all indicators and is telling us...
As Ethereum continues its decline inside this descending triangle we have now touched a major line I have drawn in this channel... If this does not hold you will see the local G-Wagon at your dealership going at about a 40% discount...
₿ Bitcoin the rally continues... ₿ Referring to my last post in which I predicted an upward movement on bitcoin ₿ Observing the flat correction that has been taking place for about 7 days now ₿ I can confidently say that I don't think we are going to go lower in the coming sessions. ₿ Given the very low levels we are at since the peak, a further breakout...
PLEASE NOTE THIS IS FOR ENTERTAINMENT PURPOSES ONLY looking nice for a long play here. personally do not like trading on weekends as market is controlled by market maker but will enjoy a bit of fun
The correction on USD index is playing out - we're headed for the bottom of this ascending wedge - Breaking it will be bullish for stocks and crypto - We need to see what will happen there. If we break it - likely target is marked on the chart. I remain neutral and will keep monitoring it.
These are my quick plans on how i plan to trade BTC short term Option 1 is a break above the Mid range and hold I will long with stops below Mid and targets to range high and above, Option 2 is a break down and show signs of support at that Range low, if it holds i will look for entries to target mid and range high. Do i care which way it goes , NO, am i...
An updated Vortex Math Chart of Pirate Chain $ARRR $69 targets 2nd Quarter 2023.
$DOGE broke through the symmetrical triangle to the downside. Decline to low at 0,07$ is likely to happen.
It's not an idea it's the truth, I dropped 200.00 into my exchange and set a limit order at 1.13, now ill just check till we hit it and it fills. if I miss it I miss it but it should hit 1.13soon maybe a month-long swing, I don't follow any news or no YouTuber, I'm 1- weeks ahead of them when it comes to trading based on how i chart. STOP LOSS STOP LOSS STOP LOSS
One of my favorite and most helpful tools when doing TA is identifying patterns on the RSI. Many understand that patterns like wedges and channels are extremely helpful in increasing the probability of a trade but many don't know that you can do the same with the RSI. I have a few examples of this on my page but here's another one before the fact. The RSI broke...
After a clear breakout of the descending channel yesterday, ETH stopped trading above the 2960$ level. If BTC find support around the 2880-2860$ area where it could also find support by the EMA ribbon and hopefully get enough strength to break the red ichimoku cloud, we could see a further move to the upside above the 3000$ level.
Even if it all fails i think we will get a nice final rally. I only think it will fail because old systems will attack it. They have to prove its vulnerability. Though i feel like if the currency value dropped to a ridiculously low value they would not refund me the loss. Im not getting a check for my losses to corporate greed during a time of war. So on the note...
SOL created a cup&handle pattern. Once breakout from trendlind can give upto % profit.