🔥XRP: is a bull trap possible? Where to open a trade?Hi friends! Is a bull trap possible and where to open a trade? Which scenario should you follow? In this idea about Ripple i`ll try to answer the questions.
📈On the chart, I've marked the trend line to which the price is squeezing. After the false breakout there was no deep pullback, which is positive for the bulls. But what else should we pay attention to? The bulls accumulate long positions every time the price falls, as you can see in the volume indicator.
📊And here the main question! Do they become fuel for the price fall and sell off their XRP at a loss? As long as the market isn't in a trend, that's to be expected. Watch for a false breakout of the trend line and the volume indicator. Volumes growth will show that the bulls have accumulated a position on a trendline breakout, and on a false breakout they will sell out, which is a good opportunity for us to open a short.
✅Targets. I think that the price can reach at least $0.34-0.37 liquidity gap.
📊Also, a scenario with a squeeze under the trend line and a breakout is possible , but before that there should definitely be a bear trap with the same volume growth.
✅Targets:
0.42-0.43 - value zone, local highs
0.46-0.47 - liquidity gap, important price levels
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
LUNA
LUNAUSD LONGSeeing the crash on Luna one might think it's the end of it's existence but in reality it's a great opportunity for holders as this is one of those life changing opportunities, price is currently @ $0.70 if you would wait for price to go back to $0.80 then buy you'll get price at a truly great value! see you on the other side!!!
Luna price growthIn the previous analysis (attached link) it was stated that the third downward wave will end on June 6. After the end of this wave, the upward movement of the price is expected to continue around $ 7.4 until June 9. After that, if the price can break this resistance area with force, the price on June 13 can be around $ 12, otherwise the price will fall again and on June 13 it can touch $ 4.5 again.
FTM/Fantom short signal🔥#FTM
▪️Fantom is overbought according to the RSI indicator, technically it has a chance for a pump, but if you look at bitcoin in a complex, I think you should not hope for growth in the near future.
💎Expect a decline to $0.3000 support
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ADA/Cardano for those who are catching the bottom, wait!🔥#ADA #Cardano
▪️In the near future, I expect a drop of -30%. Using only technical analysis, not only the coin itself, but also the main cryptocurrency.
💎 I think you should refrain from buying assets and wait a bit.
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LUNC 1 hr chart... not much but enough to see short termLUNC 1 hr chart...the reason for the 1hr time frame
is bc there is hardly any data on this new asset...
Strong community which is great but lets see
what we have here. Stoch RSI is pretty high
sitting above 80, so if this can cool off between
.00008559 and .00008067 and then make a move
up into the first consolidation zone, that would be a
nice bullish move. supports and price targets
are the yellow lines listed.
Bitcoin we dive, friends!🔥#BTC
💎The last bitcoin forecast was not long in coming, it immediately worked out showing growth.
▪️ Bitcoin is currently trading at $31,500. I think it is worth thinking about closing positions, since I do not expect a strong growth further, I am aiming for a fall, other sources speak about this, where you can see the accumulation of orders for a fall.
Watch the chart carefully.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
📈MATIC: will the bulls finally show their strength?Hi friends! In order to understand what will happen to the price of Polygon(MATIC) next, let's look at the history and where its fall stopped. This is the key level of the previous ATH of $0.54. The volume indicator shows that here long traders closed their trades to breakeven, and short traders, closed their trades in profit. That's why there was such a price rebound.
📊Now the price returned to the trend line, from which it had already bounced back several times. This is a good signal, it means that the bulls gain their power back.
Pay attention to the volume indicator when the price rebounds to the trend line - the volumes should increase, which will indicate that the traders' willingness to buy and to move the price higher.
✅The closest target is the liquidity gap of $0.75-0.79. Also in this area are stop-losses of short traders and take-profits of long traders, which can lead to a false breakout and price fall, so watch out for this liquidity gap.
When the scenario starts to be clear, I will make a new idea so you can open a trade in time.
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
LUNA 2 USD : LUNA IS READY TO TAKE A CRAP! IM OUT! LUNA2 looks primed and ready to dump to really low levels. This new coin was a pump and dump and nothing more. The wedge broke through to the downside and a measured move to at least $2.70 and then probably further down as new speculative investors and holders hoping for a real revival are going to dump. It will dump really fast because there aren't that many buyers on exchanges and once the fall starts its going to be nasty. I got out at $12 at the last peak, and I was waiting for confirmation to buy back in and ride the next wave up but that never happened, and chances are now that there wont be any pump. I'm taking my 200% profit and running with it on this one guys. This thing is going to disappear off the map real soon! Good luck my friends. This is not financial or trading advice, just my opinion. If you like this content then like and follow me for updates and more analysis on your favorite coins. If you have any coins you want me to check out let me know in the comments.
2022 LUNC predictionLUNA died right when bitty etc. are near bottoming out, time to load up on LUNC whilst it's mega cheap, Luna died from fundamental purposes due to the domino effect of selling. nothing stopping LUNC to reach levels of LUNA apart from tainted reputation