Bitcoin day update - Bitcoin still processing for 39K trendHello trading friends,
This is a daily update for BTCUSDT depending on the last trends.
The bitcoin is still positive for the 39K trend, and there is a high expectation as since start that 39K could be the next important zone of BTC since the last breakdown trend.
Data
Trend data shows that bitcoin should hold the 35K trend if we want to increase further to 39K, 35K are important to level to hold, as long BTC holds this level with a time frame and confirmation - 39K is the next expecting trend.
Bitcoin goes in most of the time into lines, which means it can show different price actions before it enters the price. but as long it stays into the green cycle then it's on the right way.
Power trend line: 38600 where the volume could show more trends.
Manage your risk, and check what is the best setups for your trading.
Have a great day all!
ETH-BTC
10x PullbackFTX Leveraged tokens dropped a lot. This is the reason why a pullback can generate 10x or even more when using Leverage tokens.
This is a great risk-reward but also there might be another leg lower so a good strategy is to enter 50% and add more when the price starts to move up.
You can read more about leveraged tokens here
ETN TOOL TARGET STILL 48K LONG TERMHello trading friends,
This is a small update depending on the last breakdown trend of BTC.
ETN update is for the long term - and the 48K target is still active.
Depending on the data of ETN - The target of 48 is still an expecting trend for the ETN tool.
See before updates ETN all did hit the target.
This update was made depending on the msg I did receive about the ETN tool target.
# we should look BTC into the big picture, and the ETN target still running for the coming time
See before all ETN views and until now all ETN updates were right.
Have a great day.
OMISEGO - GREEN TREND LONG TERMHello trading friends,
Omisego showing still interesting trends also after this breakdown trend of Btc what did take the most alts into breakdown trend. if we check omisego for long term - then it still showing interesting DCA buys trends for the green cycle trend.
This moment could be interesting dip buy into omesego.
Manage your risk well - this update are not for day traders.
Have great weekend.
ETH - Daily Trendline Broken - Targets
Support broke a few days ago
Observations:
Envelope has been breached - reactive bounce expected to the top of orange trendline, close to the support break. This is would a great spot for a short.
Next daily support at 2400
Consider that the blue dotted line will have to be under price for it to go up (as hightlighted in the green circles)- Right now that line (Pink Dotted) is at 3900
Means when we get to the bottom - they'll no rush to get long as price bases.
Excuse the compression of the chart - think it has something to do with my widescreen monitors, stretch it out.
BITCOIN is creating a Falling Wedge pattern ! Bulls are coming !BTC is respecting the law of market, retracing to levels of supports to test them after a huge bull Run, and here where people are getting emotional because the fundamentals tell us the 2022 will be a huge yeaar for Crypto and we could called it " the regulation year", but the price is going down, so people are asking why and how ? the answer is simple : institutions now are in control, dont trust retails and indicators because they will give you falls signs, now the market is not bearish and not bullish its an institutional market thats what i like to called it, and they want more BTC and more, but without pushing it high, plus other things like people waiting for ETF spot market to get launched in Feb, now the market is for watching and waiting good entry points under 40k btc is for buying, ADVICE : Dont Leverage u will get rekt beleive me.
Thanks for people who send me messages on the privat.
BITCOIN STILL HAVE HIGH CHANCE TO BREAKOUT - 45400Hello trading friends,
Even with the stable trend that can go between 40K and 43K, there is still a high chance that bitcoin could breakout coming time to 45400.
Sometimes it take some time before there are really a confirmed change .
We know BTC very well, and history has shown many trends where the trend was stable and did increase depending on data trend. same time we should check when the market is not more positive. at this time the cycle trend is still green.
Know that bitcoin can change in price action with more price difference, as market makers change the trends, but the main goal should stay the same.
This update adding to let you know hold to your goals and check BTC into the big picture.
Have a great day.
Bitcoin day update - What next?Hello trading friends,
This is an update for the day trend chart depending on the last trends for BTCUSDT.
First of all, BTC is in a stable zone - same time bitcoin is still positive.
There is no high change from the before updates - the trend is still the same.
there are times when BTC goes crazy with increased trends when there is a positive trend, and same time we can get a for a long time a stable trend. and the last one is the trend where BTC going the last days.
Depending on data
Depending on data we see still a positive BTC price action - and it's important for those who want to hold long-term BTC to check the level of 44K - this could be an important split zone.
There is also a chance if we break the 44K level with time frame, that bitcoin could see a breakout to 45400.
Same time manage the risk in case bitcoin enters a new breakdown trend - the chart shows that 39K are important to level to hold as risk zone.
At this moment there is still no reason to expect the 28K trend, when the price changes to 39K with the time frame, then there could be an option for the long target.
Green cycle trend
Depending on ETN Tool there is a green cycle trend
Volume trends
Into the zone above 45K, we see a high volume zone.
At last, manage your risk well, there is not always a reason to enter markets directly, hold to your plan and follow your setups.
Have a great day.
Will a bullish divergence play out for SPX500 and Wallstreet?Since the traditional markets and the crypto assets still are coupled...
... the possible bullish divergence on S&P500 and Wallstreet might even help Bitcoin, Ethereum and Co to recover as well.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
MATIC/USDTOn a 4-hour timeframe, MATIC broke the resistance of the $1.7 area and also retested it. I hope that you filled your MATIC bags near the $1.5 support area. Increase your stop loss to buying price and hold this trade. The next resistance is $1.95 - $2 area and the major resistance is $2.2 area. It is bullish as long as it holds above the $1.7 area.
7 Year old Bullish triangleWe just bounced off serious support, both within the LTCUSD and LTCBTC trading pairs. LTCBTC marked recently a historical low in relation to Bitcoin, hence we are witnessing increased volatility and significant growth in relation to USD.
Considering the size of this triangular formation where support is clear targets in the area of previous top (c.413 USD) seem to be merely the beginning of the explosive growth which we will possibly witness within the coming weeks. T1 for this long term chart would be the psychological 1k, following further Fibo resistance levels.
Never forget money management, risk/reward ratios, or stop-losses!
BITCOIN PROCESSING FOR POSSIBLE BREAKOUT - 45400Hello trading friends,
We see an effect trend where there is some whale trend hold on the 43K level, when the price goes down, depending on algorithmic trading, the price come back. same time we see also many manipulations trends - be always alert for fake trends, in all ways.
What means this?
Bitcoin can change coming time in a huge difference price action - what could bring back to the breakout point target 45400 where did add before about it in day trade chart.
- Study depending on your way or you find that the market is now interesting, this idea is just to give you a share where the market is depending on my study. further, there is not always a reason to enter markets directly.
The goal of this chart is to explain there is a possible whale hold trend on 43K, which could mean coming time a price change.
Where are we now?
We are into the level of uptrend - and 44K is an important target to get confirmed for further increase trend. those having long-term plan 44K is a very important point.
Do we have a guaranty that BTC will breakout?
there is noting 100% into crypto markets, all depending on data and study, as long you manage your risk well, you are on the good side.
With the coming day trade update, will explain the idea more.
Have a great day.
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$28 LINK aims for goldMucking our way through the $24-26 range, we're doing well to get back above the market bands. Cushioned by low 18.75 support line. We have $22 general market support. Bull market bands -- 20w sma and 21w ema -- are at $25 and $26.75, with a high support at 29.50.
Clearly we are trading sideways. With an nausea-enducingly wide range.
$27 appears to be the VPVR point of control, in terms of volume traded between now and June 2021, which aligns with the bull market bands where we are trading for the last few days.
We need to keep above 27, or it means the market makers will bring us back down, and have only used these recent days to load them with better short prices. We'll see.
My suspicion (bias alert...hope, i'm fully longed at the moment in my own trades) that is we will move to the upside for a bit yet still.
I'm happy to see that we closed the $25 levels. Some lost LINK and USDT along the way, i'm sure. But for those HODL'ers out there. This move's for you!
BITCOIN - GREEN TREND CYCLE AND WHY ITS IMPORTANT Hello trading friends,
As a trader, you want to make the best choices and want to get the max from your trading. but let's talk small about cycle trends.
Cycle trends are the most profitable trades, yes, and also the lowest risk if you choose it depending on good risk management.
I am sure if you manage the risk management well, then we can see many successful traders like you, and of course, I wish you all the best as you can do it.
Sometimes we know also how hard the trading world can be. that's why for the starters, it's always to start small because fall to fall could happen. but good news for those not giving up, for them is the target is still possible.
Back to cycle trends. for those who don't want to trade the low time frame could choice for long-term trending, which means you trade the expecting targets depending on data for 1 month or a year, and so further for example. the known hedge funds using this way also of trading.
Maybe you did already follow some of our before green cycle depending on ETN tool, like the below one
This way of trading can be made on different coins - it's always good to backtest charts to see the difference that they did make, and for you a reason to find new trends and setup to become stronger in trading.
read more about cycles, and check them out if you are interesting.
Have a great time!
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COMPOUND - Bottom trend Hello trading friends,
Compound showing a trend where it could be possible that this is a new button area for new uptrend gain.
This depends on the historical trend 2021.
It's a coin with long-term expectations.
Targets
249 usd are at long term a great target, as this is also the main target and split target.
The compound is not for the fast expecting, it can take some time, but even with the before breakdown trend it's still healthy for new range gain.
Have a great day
Bitcoin day update - THE BREAKOUT OF 45400Hello trading friends,
This is a new day update for BTCUSDT.
Depending on data and trends, bitcoin is still interesting for the day trend.
We have the same trends as yesterday, the market is stable, and waiting for the next price action.
Data
44K is an important power trend line when we confirm the trend line with confirmation, we automatically enter the new increasing zone.
Further, it's important that we should see some price action for coming time.
Know that it's the weekend - stockmarket flow will be active also - from Monday we should check the trend further to see where the new weekly chart start.
The target of expecting trend is still the same 45400 USD depending on the data study of the day trend chart.
Know that bitcoin going into lines, and it can take some time before it enters the zone.
Have a great weekend
@ this is not a trading call - but education content for the day trend update - know that trading is risky, and manage always your risk well.
Update: Bitcoin vs. Wallstreet or Ethereum vs. S&P500 ...Bitcoin vs. Wallstreet or Ethereum vs. S&P500 ...
Of course I can't predict the future but for the next short-term movement a second move slightly lower for traditional markets is possible IMO.
Expect a bullish divergence with RSI as we already have seen at Bitcoin and Ethereum .
Bitcoin and Ethereum could follow this curves for a more round bottom.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing