Crytpocurrency
Going long for IOST for a x2 returnThe chart of IOST looks very interesting. Give it that it's not one of the hot alt coins but investors always have to widen the search scope to looks for potential coins.
There are a few bullish indicators in the chart
The daily chart is forming a cup pattern with a double bottom, reaching the resistance at 0.046. There is a supply zone in there. Keep tract on the daily candles to see if it closes above it.
The golden cross forming
The RSI , however, is at the overbuying zone. This is usually a good thing especially in crypto as it shows interest in buying. But the coin might cool off abit before taking off again.
My target prices are as shown in the chart, hopefully it can reach the price of ATH
MATIC LONGEntry - on or below 1.5- 1.52
sl - 1.25
tp 1 - 1.67
tp 2 - 1.88
tp 3 - 2$
i expect btc to start growing back up now, the fall was only because of high RSI...
MATICUSD - Riding to 2.2 - 2.5MATICUSD - Riding to 2.2 - 2.5
What are your thoughts? As long as BTC doesn't dump on us - we're cleared to 2.5!
Thanks,
TraderPaps
MATICUSDT has broken RESISTANCEMATICUSDT has broken its 4H resistance (WHITE LINE) which could potentially become support
ENTRY- we need to wait after retest to avoid any false breakouts
with bullish patterns to know that buyers are still in
control.
FOR ME i think there will be a slight pullback because Its at the overbought area in RSI and a slight pullback will be healthy for the price to pump back more to the upside
Thats all from me LADS, HAPPY TRADING ;))
FILUSDT PUMP ?? FILUSDT has broken its daily resistance level (RED LINE) which could potentially become its new support
For our entry, we will wait for the retest to avoid any false breakouts or reversals. if we are looking more to the upside
WHICH MORE LIKELY TO HAPPEN DUE TO BTCUSDT GROWTH,
We will wait for retest on the RED LINE AREA with strong bullish conditions to the upside
THATS ALL FROM ME LADS, HAPPY TRADING ;))
BCHUSDT TECHNICAL ANALYSIS Bitcoin Cash is a cryptocurrency that is a fork of Bitcoin. Bitcoin Cash is a spin-off or altcoin that was created in 2017. In November 2018, Bitcoin Cash split further into two cryptocurrencies: Bitcoin Cash and Bitcoin SV.
The candle break out down trend line and reached out on the resistance line. If candle close price around $722 on today and next candle stay above this price, our next target might be $1104. We got some signal from our robo advisor @EngineeringRobo as well. Let’s follow up our chart closely.
“NFA”
Still believing it will hit 57K !!The king is back to 50k. But the question is will the price reverse from the strong resistance at 51k, or breaking 51k
I would like to point out a few indicators that i think it will break 51k. From the last posting, I have been bullish with BTC. However, the price reverse from 51k and down to 47k.
I have reasons to believe that it will break 51 to 57k at the first instance.
The volume is decreasing when the price is going up. It just means that the sellers are less and the circulating coins in the market is getting scares. The pushes the price up. At a 4 hourly frame, there is a double bottom formed with a W bullish pattern. The MACD also revealed a bullish convergence.
One might argue that in the 4 hourly chart, the RSI revealed a bearish divergence with lower high, which price going higher high. However, when you zoom out to a larger time frame, the MACD weekly time frame has crossed. It's still bullish overall. Since, it's bullish overall, just buy the dip or any breaking of pattern.
I am overall bullish with cryptocurrency still
Would really appreciate if you can hit like if you like the idea and shoot any comments.
BTC/MACD/MACD/STRATEGYBTC/USDT
The 1st Macd pointing curve with a derivative of a reverse phase in which automatically the Hodling amount was maximize.
In recent momentum which will obviously consider another resistant in next hour.
I was in several +% in the spot hour target,.
2nd Macd has undergo correction setting another level for possible retest in the upper side of the curve.
On the other side we can easily indicate TP in advance for advantage.
Best Wishes..
HBAR set to move higher Target: $0.58c$HBAR
Hbar has steadily been increasing in volume as the crypto market rallies back its losses.
If the market remained bullish, we could see HBAR rally to $0.58c in weeks!
MACD is slightly diverging to bullish as RSI still has room to move upward
Support at 8c!
A break out of the triangle will invalidate this move.
Time to be bullish on BTC? For my previous analysis, I thought BTC will reverse before hitting 50k. But seems like it's hanging strong at 50k now. I think the 0.618 fib level, which is at 50k, is the important resistance level. Normally I think it will reverse from here. But I don't think so. Maybe it's the reverse psychology when logically it should reverse here, but the the price goes in different direction. That was just my wild speculation
The chart is in the ascending channel, which I have no doubt it will still do the move upwards unless it breaks off from the channel.
The RSI seems to be at 69 which I think still has room for it to go up. I don't think shorting it at the moment is a good idea. But I can be wrong. However,, I am strong on my stance that BTC price will go up, overcoming the 51k to reach 57k.
Bullish on COINBTC has hit 50K, which is the fib resistance of 0.618. The price might reverse from here but I think it will still go up
Hence, coinbase which is sensitive to the price of cryptocurrency, mainly BTC, will continue to rise
Like my previous post of COIN, we managed to hit 288 target and soon reverse to the support of 0.786.
The RSI looks good and chart has been doing higher high.
My TP one will be at $344 after passing the resistance between 290 to 300. Reaching there, I think it has the potential to reach $431 as long as BTC remains bullish. Hell might break lose.
BANDUSDT TECHNICAL ANALYSIS Already made over 75% and we may earn another 18%. Next target might be $11.956. Cloud hasn’t change colour yet on daily chart but getting closer to change colour. If cloud turn green colour, it may another opportunity for buy as well. Let’s follow our chart closer.
“NFA”
RIF/BTC { RSK INFRASTRUCTURE FRAMEWORK } - BULLISH SETUPANALYSIS 🔎
- RIF/BTC is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the ascending triangle's horizontal resistance (@0.00000521)
- Limit entry: test of the ascending triangle's inclined support.
TARGETS 🎯
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.