#GRT, Breaking Resistance with Potential Gains?A quick look at #TheGraph (#GRTUSDT, #Binance, D):
Price broke the 0.7592 resistance.
The 4HR timeframe shows a positive retest of that level as support.
Price may test the next resistance at 0.9547.
To read more about The Graph on CoinMarketCap, click here .
What do you think?
Still learning here, so any constructive feedback and positive vibes to improve my analysis are welcome.
Thank you and Happy trading!
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Some of my charts represent actual trades, and some are just paper trading.
Needless to say, this is not financial advice!
Dailytimeframe
Bitcoin Analyze (Daily Timeframe & Road map)!!!🗺️Hi traders, Today, I want to analyze Bitcoin at Daily timeframe , maybe it can be useful for our Road map 🗺️🧐.
Bitcoin Analyze ( BTCUSDT ) Timeframe Daily ⏰
Bitcoin is playing on Descending Triangle from 27 Jan 2021 until now (about 184 days 🌅), we won and lost money on this Triangle (I hope that you WON lots of money💵).
I was able to find 3 points (A & B & C) of our Descending Triangle and now we have to try to find others ( D & E ). our Descending Triangle has 2 important lines (A & B ). important line (B) is our downtrend and important line (A) made the lower line of our Triangle . When the price has reached these lines, it has moved to DOWN or UP .
Live : Now price is near important line (B) & TRZ (Time Reversal Zone) & Point D of Bearish AB = CD Harmonic Pattern , So I am expecting that the price starts to react again on this zone, and decrease until the important line (A) ( Point D of Descending Triangle ), then the price will go UP again it makes Point E for us. Point E will be a Critical Point because the price can move UP or Down from Point E .
Resistance Zone : 42450$ until 40822$ (Monthly Resistance 1+ Fib Cluster )
MACD : We have Hidden Divergence(HD-) between Price and MACD until now.👇https://www.tradingview.com/x/GIpZlzQy/
RSI : RSI is seeing Heavy Resistances in front of itself + RSI is on overbought too.👇https://www.tradingview.com/x/qAiRTg0J/
Stoch RSI : Stoch RSI is on Heavy Resistance .👇https://www.tradingview.com/x/q8h1gU1R/
My Suggestion : if you find Triggers for opening Short Positions , you can open them & if the price can break(Trusty) our Important line (B) , we can buy Coins for Midterm and Long-term investment ( Over 43399$ will be a good zone).
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅ ' like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
XRP could to down to $0.60 cents.Just, I analyze XRP from Daily timeframe to know my perspective in the market. XRP was formed a simetric triangle, but unfortunately, XRP break down of this chartist pattern and the price it's leading to the support of $0.60 cents.
That it's all what I see. Also, if you buy at $0.60 cents. This will be the latest opportunity to buy XRP at $0.60 cents approximately. And no more we can to see XRP below of $1 dollar once that go back on the Dollar. But, I thinking just to buy 1,000 XRP coins when the price stop the bear movement and buy approximately in this level at sixteen cents.
s3.tradingview.com
Now, in this screenshoot, remember, if you hold XRP by long term. Notice that XRP may to explode on 2022. And you would need to know this secret information what Federal Reserve and Government planning to use XRP in the future to move all money and create a next wealth generation for the next elite who hold XRP., above of 1,000 XRP coins.
BNGO bearish?I have the feeling that Bionano Genomics ($BNGO) is not bullish on the daily timeframe. We can see less volume and the MACD is about to cross down.
But everything is possible! A great news ($ARK buying shares) can overturn the current market situation...
What's your opinion on this? Your comments are welcome.
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Take into account that fundamentals (news) supplement technical analysis. A trader does not use a crystal ball to predict the future (news and people's reactions). Additionally technical analysis is not an exact science. It involves a degree of subjectivity.
Legal disclaimer: I am not a financial advisor. The advice here given is not a financial advice even though my excitement might make it look like such. This account shouldn't be followed by anyone expecting something from me. You trade at your own risk and nobody can guarantee you results. Even if someone could, I don't.
Ethereum was forme a simetric triangle; Ethereum down!!!So, in this updated that I make in my update of my previously technical analysis. I detect in H1 that Ethereum is bearish and the price is decline towards the $392 USD!!!
In H4 timeframe, Ethereum is leading bearish. So guys, this is a great opportunity to take benefit in this correction what Bitcoin and Ethereum do.!!!
Always remember not just to check out in H4 timeframe, it;s very important to know Daily, H4 and H1 if you're intraday to keep see the possible and next movement to predict i the market!!!
Good luck!!!
So, you can to entryi n Bitcoin and Ethereum if you're not entry in short position. Good luck, The SL and take profit it's in this indication!!!
GBPUSD FOREXCOM:GBPUSD
Note: (MARKET IS REACTIVE AND NOT PREDICIVE)
From a daily perpective, price has clearly broken the support zone and has created a an impulse to the downside .
After an impulse we expect a correction otherwise known as a retracement.
Since market price moves in waves, Price can retest the box before making another impulse to the downside. Making a move to the target of 1.19768
(PLEASE HIT THE LIKE BUTTON AND COMMENT WHAT YOU HAVE IN MIND TO SUPPORT )
With this over 200 pips can be caught.
Kindly note that there is a downtrend line drawn for easier visuals.
Monitor price action on the 4H timeframe; Entries will be initiated using one hour or four hour timeframe.
(PLEASE HIT THE LIKE BUTTON AND COMMENT WHAT YOU HAVE IN MIND TO SUPPORT )
USDJPY POTENTIAL SHORT (1D CHART) IM NOT GOING TO PUT A FULL ANALYSIS ON THIS PAIR DUE TO THE FACT IT IS JUST SOMETHING I AM LOOKING AT AND JUST WANTED TO SHARE IT WITH THE COMMUNITY. BASED ON RECENT PORICE ACTION AS YOU CAN SEE THERE WAS A STRONG SELLER PUSH ON THE LEFT HAND SIDE OF THE SCREEN BACK FROM DEC. 2018 TO JANUARY OF 2019. THERE WAS A PULLBACK BY THE BUYERS FROM THE LOOKS OF IT WAS A LOT WEAKER THAN THE SELLER. NOW LOOKING AT PRICE ACTION ON THE DAILY CHARTS THE SELLER MOMENTUM HAS COME BACK IN AND BROKEN BUYER STRUCTURE IN THAT UPTREND. LOOKING FOR A PUSH DOWN INTO THE ZONES I HAVE POSTED. KEEP AN EYE OUT !
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