Bitcoin in possible crash!!!In Daily panoramic, I just want to share my idea, becuase the things on cryptocurrency are putting now in risk that crypto-market and the main cryptoucrrency Bitcoin could to down to $30,000 USD again. It's not neccesary a bear market, did you know, this could be a re-accumulation for 2022 or bear market as I said above.
This it's just my idea!!! I'm bearish in Bitcoin!!!
Dailyanalysis
Bitcoin may to fall!!! BewareToday, Bitcoin drop from $52,300 USD approximately and leave down to $$43,000 USD, and now the price it's around of $46,600 USD. Now, this Daily candlestick drop over 17%, and that it's a large percentage for not consider a bull trend. For that, Bitcoin could to fall and go back to zones of $30k as I mark in weekly timeframe, this candlestick it's very important to know, if Bitcoin continue down in the next days until get the information on Sunday at 12:00 a.m., we could to take deciison if Bitcoin by weekly timeframe will go to down more. But now, the Daily candlestick it's look a bullish rejection and we could to form a second higher looking the price action. Now, I invite you to look down my perspective in weekly timeframe.
This perspective could to happen!!!
Now, I may to say that the market it's not bearish and bullish, it's put the market in neutral as we would needto know the another short timeframes to get best information.
XTZ/USD: UpdateTezos it's bullish!!! I decide to down my target to $8 USD as $12 USD it's so long run up. But $8 dollar it's very well for me!!!
So, I'm enfocous by Daily timeframe and Tezos it's ready to explode in the next weeks to months.
And remember, we're in profit in Chainlink. For that, I have open trades in Chainlink and Tezos. Meanwhile Ethereum make volatile movement that it's not very easy to catch a long posiiton as Ethereum it's becoming very volatile and make movement fast.
LINK Daily Time BINANCE:LINKUSDT
Due to the completion of the head and shoulder pattern, we can use the neckline
Use the support range where the price can be adjusted
But if the blue line breaks, the price will be up to 0.618 Fibonacci
There will be a big wave that can fall after reaching the area
Fibonacci has a good return
XTZ/USD: The last confirmation to buy Tezos!!!Tezos it's look so bullish in Daily timeframe. As I'm from $5.27 USD since past week. I believe that Tezos it's prepare to go to pump to $8 dollar soon
Now, I want to share the H4 period where I look that Tezos it's making a curve pattern to make a bullish movement like a styrocket. This it's so interesting how the market structure it's explain that Tezos it's preparing to climbing soon.
So, there's not much update, the only update it's that Tezos made the last confirmation to buy now in Daily timeframe as Tezos will explode soon.
I keep my SL at $4.80 USD, but very protected my long entry. I'm in profit in Tezos and also in Chainlink, my two trades for the moment.
The $BAT Man Gaining Strength To Rise Again On CryptocityHere is my idea , first of all the the major element is $BAT breaks its daily fibo retracement 0.382 and supported some how at this level, not only it was the top trend on social medias yesterday, in otherhand it gains the enough momentum to break the RSI Daily downtrend in a blink ! ;)
In 4H timeframe , BAT actually printed the cup pattern and it has a lotf of profit to come az its try to take back its previous target on 1.6920 and we had little divergence between MACD Signal Line and Price changes some how we have golden cross also is 2H timeframe...
So I guess This is what you should keep eyes on it !
Trade Safe , Cheers !
Is the moment to invest in Ethereum now?According with the Ethereum Dominance, it's look strengthen and that put altcoins in bearish in front of Ethereum. For that, in the USD correlated, Ethereum it's xtremely optimistic and so bullish. For that, the Ethereum dominance it's a track that we get information about the dominance and how Etherum will take power o altcoins now!!!
Now, in based in this forecast ,we formed a bullish rising wedge and into this pattern a simetric triangle. But now, I believe that Ethereum will leading to a extremely bull market
This it's the weekly timeframe. and we look that Ethereum could to reach a dominance of 30% very soon.
Ethereum it's make a powerful trend that will shock you
I will check out the Ethereum ratios to know the situation against Cardano, XRP and Bitcoin too. It's very important to look this secret information that investor doesn't know, at least for amateurs.
XTZ/USD: UpdateIn this update, I make a long position in Tezos and I decide to keep this posiion toward $12 USD in my exactly point to take huge profits. For that, Tezos has a nice opportunity to keep this position to long as Chainlink do. My SL it's around of$4.69 USD. For that, I will keep this position to hold until touch the $15 USD. This it's a huge potentail profit of 124%.
Now, in Daily timeframe, if we closed up the Daily Candlestick in the next 2.28 hours. We could to conclude if that form a bullish signal, Tezos could to climbing in the next days.
And also, I'd reccomend to watch the monthly timeframe. Because Tezos it's look extremely bullish to run to the way of $12 dollar.
So guys, at the moment, I'm in two trades; Chainlink and Tezos that look with interesting perspective to longs. Now, any change of the trade I may to inform in this media.
LINK/USD: 0.618% Fibonacci RetrocementChainlink it's find down a support in the zone of $24.63 USD in 2 occasion. Chainlink could to explode soon in this timeframe depending how the Daiy Candlestick will closed up today in 2:46 hours. My next forecast it's that Chainlink may to climbing to reach $40 USD soon
BNB/USD: simetric triangle;break outBinance Coin break out this simetric triangle and formed a possible nice correction to short BNB toward $424 USD. Maybe, it's a good idea to short cryptocurrencies.
I hope this scenario in Daily timeframe. as you look, we closed up with a bearish candlestick, this it's a clear correction in this cryptocurrency and investor want to leading BNB down to find up best zone to buy. For that, you must to prepare to open up short.
I put my sell order limit at $467 USD and SL at $487 and target at $424. This it's a risk/benefit: 1:2. It's a good proportion to get nice profit.
***This it's my update today*** And for that, I find up this nice short position in BNB
GBP/CHF Analysis It will head downwardWelcome back!
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GBP/CHF Analysis - It may continue to the downside as it's showing strong daily rejective resistance. Swing target would be 2490 and 2430 zone.
Be sure to follow the entry criteria rules for your strategy and keep this on your watch list!
- BKH
Cardano Dominance will reach 5% soonIn the Daily chart, Cardano Dominance continue climbing. That mean that you will need to know that Cardano price it's exploding. For that, I do not going to change, just I hold and continue accumulating Cardano coins.
In the monthly timeframe, I look that their dominance could to make a new higher, but Cardano have all chances to keep the place as the 3rd largest cryptocurrency by coin market cap. For that, if that support, Cardano could to becoming the best cryptocurrency during this year and 2022. And I have 2 targets that Cardano could to reach 10% in their dominance.
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BTC/USD multi time frame analysis, WILL BE UPDATED STAY TUNED !Will be Updated During the next days for possible trade opportunity Stay Tuned (BE SURE THAT FOLLOW ME TO GET NOTIFICATION)
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This is not an investment advice.
"CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money."
USD/CAD multi time frame analysis, WILL BE UPDATED STAY TUNED !Will be Updated During the next days for possible trade opportunity Stay Tuned (BE SURE THAT FOLLOW ME TO GET NOTIFICATION)
If like this and if help you with your trading Please Like, Share, Follow and comment that give me motivation to make another Market analysis and trading ideas
If you have some suggestion, comment or other opinion feel free to write it in comment
Wish you succesfull and consistent trading with profits!
This is not an investment advice.
"CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money."
BTC/USD: Strong Resistance in Daily chartThis it's just my perspective how I look Bitcoin in the possible 2 scenario:
1. Bitcoin it's fight to break up the resistance of $49,100 USD to trying to break out!!!
2. Bitcoin could to down to $42,500 USD to make a pull back in this support zone and then up. An also, we could to look a cup and handle!!!
Guys, this it's my perspective in the Bitcoin price!!! Meanwhile, the MACD are make a bearish cross and that could to being a signal of weakness. but it's very important to look in short term what Bitcoin do.
ETH/USD: Ascending triangle Ethereum it's find up an ascending triangle that it's considered a bullish continuation. So, during the past days, Ethereum was consolidated until now around the zone $3,000-$3,300 USD. So, in my next trade, I just hope that Ethereum make a break out in the resistance of $3,320 USD and make a pull back in H4 timeframe and then, entry to long posiiton toward $3,800 USD. This it's one of the beautiful trade next up.
BTC Daily Analysis. The possibilities and what to look out forIndicators used. Camarilla pivots on monthly levels. Linear regression. HH HL LL LH with RSI. / Oscillation, ppo, shaff trend / MacD
The Green and bullish path would indicate us breaking H4 and closing over it on a daily. The target would be H5. If this happens stoploss would be H3. To see these happen we would want to see more consolidation in the levels we are currently in without breaking and closing under the H3 beforehand.
The yellow path is the healthy correction path and what it seems we might be more likely to take at this moment. We see some warning flags. such as caution dots on the daily as well are grinding under a downward linear regression channel and a daily mac-D cross down confirmed. for a trade on this path one would want to see a daily close under the H3. Target the L3. with a stoploss at the H4
The red path would only be if we took the yellow path and the bounce on the monthly L3 did not resolve a bounce. For this play one would want to see a daily close under the L4 and enter with a target of L5 and a stop loss at the L3.
Personal Idea. I think it is not out of the realm of possibilities to see the corrective path at least. I am not supper bullish nor bearish in this place. The daily indicators at the current moment lean on it more in my personal experience. It should be noted I trade using pivot points and static levels and not Moving averages. So DYOR and trade to your plan and liking. This is not financial advice. Just the way Isee it.
Buy Ethereum at $2,900 USD!!!I'm super bullish in Ethereum. So, Etherum could to do what BItcoin do. For that, I do not going to trade Etherum until reach down the best zone to buy $2,900 USD. And also, I put an alarm in $2,900 USD to buy with price action confirmation.
This it's my perspective in the market!!!
BTC/USD: Possible Double Top; sell?I considered the market neutral, But there's bearish signal that Bitcoin could to make any correction This it's the Double Top, this it's a bearish pattern. Now, Bitcoin it's into this bulish channel that you can to see better in H4 and H2 timeframe. But, now the popular indicator MACD it's give us a warning that Bitcoin could to be weakness and we could to drop to $42,000 USD to find down best buy zone!!!
You can to look the H4 timeframe!!!
Now, I hope this scenario based in Daily analysis, depending how the Daily candlestick will closed up in 3 hours more, we could to get information more precise if Bitcoin it's leading now to correction.
So, there's not any bullish or bearish signal until now. For that, it's important to look. Now in case of Chainlink, I'm in long position as Chainlink climbed the price today until $30 USD. But, I have a SL set for this if market going to be correction.