$TIGR bearish or bullish?$TIGR is currently on two pattern indicators. Macro it appears to be heading towards the top of a downward channel. This would appear bullish and a break of the channel could lead to the start of a Wave 3/5 the largest wave. Alternatively there is a bear flag forming on the hourly. The downward trend of the last two months could have a 5th leg and I would project a bounce of the top of the downward channel. I made some resistance points for each theory. Orange are Fib based resistance zones and red are where volume resistance will meet Fib resistance. A break through of any resistance above the channel is extremely bullish.
G-channel
DOT- Thriving ecosystemDOT is no Ethereum killer as many of its parachains within the ecosystem are using Ethereum blockchain and not native to DOT. Nonetheless, it is quickly becoming the force to be reckoned with acting as a base layer for many interesting use cases within the DeFi space.
On of my potential long-term plays in crypto. Good time to continue to accumulate at various support lvls as BTC continue its retracement.
Not investment advice. Do you own due diligence.
BTC 3hr outlook: Breaking up a downward channel/Falling wedgeThe chart is purely technical, trendlines respected, resistance is 33.5 but we should more or less have a clean shot to 34k if we have confirmed the brake out from this downward channel. Overall bullish if we are heading up. Still midterm indecisive, we can always visit 30k for another retest.
Let's se how bullish we are.
Not financial advice.
DYOR.
Cheers!
2020 Dominance Channel BTC.D #btcdominance #bitcoin $BTC #cryptoHere we see our Btc Dominance chart . As you can see we have been in the same regression channel for all of 2020 . That pink and blue box on the chart is a regression channel indicator. We are also about to hit a TD Sequential 9 in green ( that's those numbers you see on top of the candles . ) When we hit a number 9 in green on November 20th we then saw steep downward dumping happen and I expect the same will happen again . If this channel seems like it will be continuing into 2021 then we could see an altseason on the way when Bitcoin Dominance starts to go down .Also notice that rsi is about to wick up to that red line - again there should be a turnaround there soon too.
GBPUSD LONGMy reasoning
1. Sweep so much liquidity
2. Didn’t close below the hourly zone wick
3. Retested the same regression channel(AGAIN) it broke out of for a strong buy
This could be short term to create the left shoulder of the H&S it looks to be creating OR the last discounted entry to the buy swing.
You are so beautiful , to me BAT/BTC #crypto $BATHere we have our Bat bitcoin pair on a 3 day chart .As you can see Bat broke down from that channel it had been in and had a hard dip down as most alts did when Bitcoin pumped over 15 k yesterday making a new yearly high . The rsi has also bottomed out here and I have to say this is looking beautiful to have probably a 100% rise ,in my opinion . Now sitting at 1296 sats and looks like it should easily come up to the bottom of that pitchfork near 2000 sats ( the blue area above our current price . ) But we could also easily go up to that red heart on my chart which is the bottom of that Ichimoku cloud near 2700 sats . That would be over 100% from where we are now but either way it's a good return . First we need to break out of this regression channel we are in ( this downward channel we are in ) we need to find bottom and then start to turnaround and break upward but it is looking highly likely . If we break through that Ichimoku cloud we could see more than 2700 sats but I'm not necessarily expecting that . Such a beautiful chart ....
EUR/CAD 🇪🇺 🇨🇦 will try to break from the channel!EUR/CAD 🇪🇺 🇨🇦 has been moving within the Downward channel. Taking a look at the ROT and 21&89 EMAs bullish cross we can expect the good bounce from the midline and an attempt of the pair to break from he channel.
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GOOS Long-term PlayGOOS has seen a new powerful trend emerge - a great entry would be at the bottom of the channel, it a break over the channel. Especially with the winter season coming up, a better than expected ER, and online commerce doing well, 2021 calls look great.
Above charted are the Fib lines and powerful resistance lines from previous months - best entry would be low-30s, more accurate is following the trend of regression. Optimal exit set at 44.97, strong resistance from 2019.
$4600 Bitcoin as 2021 low ? BTC/USD #Bitcoin $BTC #cryptoHere we see that huge pink and blue regression channel on our 3 day chart . You can see we have reliably remained in this channel since 2018 even through highs and lows. It seems until All Time High is breached above 20k that we will remain in it . That means we will revisit the bottom pink part of the band at some point . If that happened , for instance , next summer of 2021 it would line up perfectly with our bottom trendline ( that thin purple line ) and bring us a $4600 Bitcoin price next summer . You can see it on my chart where the orange B is . Also that area is roughly where our .236 fib is from our full fib . This is a great collection of different indicators that we will see a great price sometime next year . I believe the price could always wick a bit above or below there though , say from 4200 to 5800 but for sure we should see sub 6k and as long as we don't break below our 2019 low of 3150 we are still long-term bullish .Good things ahead !
13300k Incoming ? BTC/USD $BTC #Bitcoin #btc #cryptoBitcoin surged last night above 11800 and right now is 11950 - just under 12k . Surely 12200 will come soon. But more importantly we are now inside the 'blue' band of that pink and blue regression band . We had been in the lower pink part of that band for awhile but last night we broke up into the blue part of this 'regession channel '. That's bullish imo . That should mean we head up to the top of the blue area of the band . That should bring us to 13300 area and possibly higher ! I myself called for 14 k Btc by Halloween , see my idea linked below . Also the 13350 area is a .618 fib on the chart ( running your fibs from 2019 low of 3150 up to 20k . ) That's an important fib and almost certainly we are going there now . That red star on my chart should be the next level up we hit .
Patience definitely brings good things to those who can wait !
Buy APPL Dip? My Fellow Crypto Traders,
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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!
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. 🥳
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"Not only strike while the iron is hot, but make it hot by striking." - Oliver Cromwell, (potential bull?)
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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.
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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.
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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 :)