MATIC The Scenario Is coming to Realisation💲💲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 is within reach.
💲The scenario I'm playing out is a continuation of the increases to the levels of the strong support zone marked on the chart. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
💲*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
Crytpo
SOLANA WILL SEE $12.95 BEFORE A RALLYLooking 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 to prepare for some red days ahead. On the other hand, the other white arrow under the cloud is pointing to a support level (which is the red line outlining the cloud) where $12.95 sits. That is where I believe Solana has to go before another push to the upside.
InvestMate|Bitcoin the rally continues...₿ 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 is highly likely
₿ Targets remain unchanged, first resistance 25k then 30k
₿ For more details I refer you to my previous post on bitcoin pinned at the top.
🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀
DXY correction playing outThe 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.
BTC Bull CaseThese 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 predicting what way it goes NO.. these are plans, if this do this... It might well god candle up and not give any trigger to get in and that is ok.
My bear plan will follow where if it show certain Characteristics i will look for shorts.
CRVUSDIt'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
APE back to $5 and RSI TAOne of my favorite and most helpful tools when doing TA is identifying patterns on the RSI. Many understand that patterns like wedges and channels are extremely helpful in increasing the probability of a trade but many don't know that you can do the same with the RSI.
I have a few examples of this on my page but here's another one before the fact.
The RSI broke the ascending triangle to the downside and is in the middle of a bearish retest and potential rejection.
When the RSI breaks down before prices it usually means prices will follow.
Finding support ETHUSD After a clear breakout of the descending channel yesterday, ETH stopped trading above the 2960$ 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.
BTC 1hr almost to my buy zone. then I'll average in. 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 of belief, that humans are just not trustworthy. I like blockchain. I like that it has become so much in just a decade. I also like making money on it in the short term. This is the same as an art lover, or a car lover or anything we value. We invest. I remember my early gallery days when prints would sell out of an artist signed and number lithograph. people would buy 10 at around 200 to 300 a piece then hold them for a couple of years and then sell them for excellent profit on the secondary market. There was no value there. They were copies of an original. Art has been a similar market for centuries. Miami Has an art vault that stores valuable paintings in certification for a loan against value. This is "Air" Elizabeth Warren, being turned into cash. Like bottled tap water. Is the art even there. It is sad to see leaders like Warren sound so - either unknowing or knowing and corrupted - wrong. Saying things like bitcoin is nothing without a single reference to , "yeah maybe it's ok for third world countries whose corrupt governments would seize their money or just cancel it an issue a new currency to wipe out wealth. Because that is all very real and very public news for a very long time. I do not see the government saying all art should be government backed due the the decades of money laundering and price fixing.
Any hoo. Waiting for buy-zone, I don't like to buy to early. so I set the parameters and wait. then I can buy more at a lower price. What? what if shoots straight up, ok, I have long term holdings. And I just do some more charting and find the next trough.
BTC Update - Rise to $45K……and then????Hello Traders,
This rally feels different. We have to see the numbers to understand that institutions are currently BUYING bitcoin at market order prices….$125 million BTC bought by Terra’s CEO on an exchange platform. Terra also plans to unvest in $15 Billion BTC reserves for peer to peer transaction ecosystem which will undoubtedly reign supreme for the future.
Two possible outcomes.
Scenario 1: We retrace down to $42K as support and consolidate for an upward move to $45K-$47K. If we flip $47K then market is BULLISH AF. Target - $58-$60K possibly higher to $100K !!!!!
Scenario 2: If we hit resistance again at $45K and cannot break after a few retests….Then we will start the move to $40K, then $38K, then $35K which should hold strong. Then we will FORSURE make the biggest parabolic move in history. $100K+
*Worst case scenario…..if we fail to hold lower supports for some reason….the lowest EMA we would potentially hit is around $20K.
I have presented both scenarios to the best of my knowledge and research….please do your own before trying to manage risk! I am not professional just doing this for fun!
Chainlink LINKUSD - 24 hour chart patternsChainlink is being reported as at the bottom of its safe zone. I have a little bit lower but its already below it's strength line. I do like Link. i have made a great amount off of it's huge wave lengths. It like the rest of the market seems to be sitting on the edge and the fed meeting tomorrow seems to be the resistance right now. Interesting.
SOLUSD Solano - 24 full chart pattern -i tried the Publish video idea and recorded the whole process but i must have done something wrong. I saw someone yesterday who had used it successfully so i will try again. This is the chart i created for that video. Im going to zoom in and try the video again at smaller levels. Im interested in buying more of this coin. I am just curious about its sustainability. The internet seems mixed. Any ideas out there please join in. Yes i chart weird. I am an artist, this is a process i sed to examine closely the details and patterns emerging. Right now i am marking the anticipation of the FED, I want to see what pattern they create, if they are smart they are making money on their own waves. But that remains to be seen, technically their current solution is spend more and devalue the dollar with inflation . Archaic systems are not changing properly, the correction may need to be physical shifts.
Alts are on the brink of melting faces.As you can see Total 3 is in a descending broadening wedge and was most recently rejected at the upper diagonal line of resistance.
Assuming BTC continues it's bullish reversal we can expect Alt's to do likewise.
Could we come back down and test the recent lows again? Yes. But there's also a good probability that we hold the 720B area as support and attempt at breaking out of the descending line of resistance. A break above would finalize an inverse head and shoulder pattern with a breakout target at the .786 fib level which is approximately at 1 trillion.
I think we could see this break out around mid-late February with a run towards 1 trillion ending at around mid-March.