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G-channel

institutionalized bitcoin balancing actheres a bit of TA and FA for yall, some of you might kniw my feelings regaurding the current climate of crypto, im uneasy to say the least, did things change so much from the half a billion in funding from americas fintech companies? idk to be honest buit from the look of things it seems to have added some stability and set btc in a nice upwward channel, typically when you see this happening the bulls win after a short tug of war, is this a bull trap or prelude to a 20k btc explosion? ive no clue to be honest, just mere moments before the election if btc can hold out and wait the storm out we will definitly see a 1200 dollar check iun the mail and maybe btc will explode upward like everyone wants it too. on a side note i hate politicians and dont really care if anyone disagrees, that 2 trillion dollar stim bill that passed earlier this year couldve gave everyone a 1200 dollar check every month up till now easily, but we all know billionaires want there greedy vigorous take from that pie, so buissiness got 85 percent of the take. which makes me wonder, wouldnt adding spendable money in the hands of all us citizens boost bussiness revenue as well? anyways the channel btc is on looks like in the next week or so should be an optimal time to reposition for its last push to the 1 yard line. happy hunting yall!
by track4success
WAVES - From the Hodl to the Grave? Or Rocking the Boat?WAVES is a blockchain protocol used to make dapps; among other, fairly standard offerings like smart contracts and wallets. It's been around for a bit, rewarding long term investors with 80% losses at this moment from it's highs at listing. Hodl and wait you say? Well you have fun with that. On the WAVESBTC 1D we've got an interesting potential situation forming up. What I see: We've been trading in a downward channel after we finally saw a very long, very disappointing bullflag come to an end. This downward channel has been posting steady decreasing volume, with the smallest sell volume being this week. MACD is posting small reds, and we're nearly touching for a reversal. Stoch looking hungry for more growth with a cross, still in undersold and room to go. EMA this pair bounces off it's EMA 100, often very strong, or rides it like... well a wave... I've put rectangles around each crossing of the EMA 100 in the past year: Purples we hit the MA and hung out underneath it trading sideways for a while, then recovered. Greens we hit the MA and rebounded. With every rebound but one being decently aggressive. The last rebounds produced a pump, a retest, then an almost 200% pump. We just tested EMA 100 for the first time since this pump... BUYING IN? This has a lot of potential, you have pieces coming in to place that haven't been there in a while. Wait for confirmation before making a move. If you decide to buy the retest make sure you SL appropriately if it goes south. Buying the breakout would be safer ultimately. TPs & SL are on chart and listed below. TP TP#1 - 0.0002700 TP#2 - 0.0003050 TP#3 - 0.0003300 TP#4 - 0.0004000 SL: 15-20% Max It could also just trade around EMA for another year and a half. 🥳 -- "Not only strike while the iron is hot, but make it hot by striking." - Oliver Cromwell, (potential bull?) -- I'm a guy that you don't know posting his ideas on the internet for the sake of improving as a human being. If you take this as financial advice, that's on you. If you like my analysis, then leave a like and feel free to follow for more free content. Feedback, criticism and crude humor are welcome :)
WLong
by cryptosince1963
4
COMP - Nice Safe Entry Point at a Good Time. In Depth DeFi - 1I'm going to go through all the major DeFi Crypto offerings over the next little while. Calling it "In Depth Defi". Instead of "In DepthFi". Still unsure on that one. If you like it, enjoy, and feel free to leave a like. If you dislike it, also leave a like, just aggressively click the button. I'll be able to tell the difference. COMP is a pretty major DeFi protocol token, that had a recent ATH around $273, before a swift decline back down to the bottom support level. Recently, Swipe announced they are launching a "LendFi" on their Visa card, which will utilize the Compound protocol. At the moment, we're sitting right around our historic bottom support, in a downward channel. This is potentially a nice safe position to get some long term gains. MACD is showing a bullish cross incoming with shrinking bear divergence. Stoch is strong, not overbought, and heading to a bullish cross. EMA we're below EMA 50 & 21 . Sell volume steadily decreasing. BUYING IN? I think there's lots of room for this to go up. Safest course of action is wait for a breakout but we are at the historic bottom, so chances of it going lower are relatively low. TP's Short term: 139.00 Long term: #1 - 148.00 #2 - 155.00 #3 - 162.00 #4 - 186.00 #5 - 202.00 SL below current bottom. If it breaks the support may be a total collapse. -- Nobody owes anybody a living, but everybody is entitled to a chance. - Jack Dempsey -- I'm a guy that you don't know posting his ideas on the internet for the sake of improving as a human being. If you take this as financial advice, that's on you. If you like my analysis, then leave a like and feel free to follow for more free content. Feedback, criticism and crude humor are welcome :)
Long
by cryptosince1963
2
LINK - A brief analysisQuick one this morning. "Sometimes good things fall apart so better things can fall together." - Marilyn Monroe LINK was once a monster, with questionable merit granted, but the numbers don't lie. Since it's peak we've seen steady declines. Historical support was just smashed through the other day. I'm predicting further declines. LINK tends to trade on fib levels, the ole' self fulfilling prophecy, so below $8 I'd start eyeing the buying. We're also seeing a pretty steep downward channel being formed. Breaking out of this around the buy level would be my trigger to make a move. BUYING IN? Not right now. Clear downward channel and not enough signs of a strong reversal. Recent historical support broken and like it's fib levels so this is probably just a stop on the overall drop today. When I do buy, I'd be aiming around 12.25 & $16.75 for TP points. Though I don't expect miracles here: LINK has come back to earth with a thud and I would be surprised if it didn't scare a lot of the more sensitive folk off. Good luck, be safe, and have a great day.
by cryptosince1963
11
Band Practice BTC/USDT #regressionband #Bitcoin $BTC #cryptoThis is that Pink and Blue Regression Band that Bitcoin has been in since the March dump . You can see we just wicked the bottom edge of the pink part of the band earlier today near 10600 . We are still inside it though and unless we go down and close below the band then we are still good to see some upside. See the red arrow ? Near 14k ? That is going to wick us up to the top edge of the blue part of the regression band . Whether we could go even higher after that ,it's always possible . But we seem to be going towards 14k .You can place a regression band on your chart very easily by just placing it and it clicks into place automatically so to speak .You will find it in the left side free indicators in Trading View , the first drop down menu .
by shimmeringpath
2
$TSLA to slowly downtrend to correction?NASDAQ:TSLA Seeing a possible slow down trend on $TSLA. Many other automotive companies are producing EV's, seems just another possible factor that could take away from TSLA's steam. On the Daily chart we seem to hit a period of consolidation. If this accumulation doesn't feed enough momentum to continue upwards- I'll be watching to see if this stays within the small regression channel, which could lead to ~1330$ area. If that doesn't entice buyers, I see this riding to the bottom of the larger regression channel & possibly resting around ~1200$ before developing a new trend. This analysis is strictly for educational purposes, as shorting $TSLA can be bad for your health and is ill advised. Good Day!
NASDAQ:TSLA
by NillaCoin
Potential descending channel for MMED?The green upward sloping line of support is potentially keeping a bullish flag in play here, but it appears as though downward pressure is indicating there may be a retest of the bottom blue channel where I have the red arrow pointing down. KEY TAKEAWAYS A descending channel is drawn by connecting the lower highs and lower lows of a security's price with parallel trendlines to show a downward trend. Traders who believe a security is likely to remain within its descending channel can initiate trades when the price fluctuates within its channel trendline boundaries. A more potent signal occurs with a breakout, which is when a security's price breaches an established channel's boundaries, either on the upper or lower side.
M
by ScotianBot
BRKS - Cup and Handle. waiting for a regression channel breakout$BRKS I would have been more convinced if the Pearsons value in Regression channel was >0.899 Also there is one bar above Regression channel and one bar below regression channel. 47.7 to 47.95 is a resistance area. Pearsons is not very important so as to not to take the trade as it is near 0.9 levels only. But still worth a buy as fundamental is strong. So i will place a buy above 48.2 for a 8 to 10$ move. But after a buy i will keep 47 as stop loss.
BLong
by RiderTrader
USDCHF - Intraday Idea - Break of ChannelHi Traders! The market is ranging. Key Areas: Resistance @ 0.95253 weak Resistance @ 0.94881 Support @ 0.94103 Parallel Channel - descending, active Category: - Intraday Idea - Shortterm Trading - Catching Small Movement - Break of Channel Description: The market in not in a Trend, so we can either Buy or Sell. As you can see the market is moving between some Key Areas; these are the Support and Resisitance Levels in blue. It was moving down (first arrow), than up (second Arrow), than down again (last Arrow). Now it is still in the Down-Movement. The Down-Movement is in the pattern of a Parallel Channel. The Trading Trigger is the bullish Break of the Channel. We only want to catch a small movement, that's why we set our TP at the next weak Resistance. The SL is under the blue Support. We recommend to trade the Breakout on a closed candle. Thanks and successful Trading :)!
by swissmoneymakers