We have explained to you the extremely important price levels and told you which areas are important with detailed explanations and indicator confirmations and price action confirmations. So definitely from this analysis.
SELL - SHORT DYDX/USDT 🔰Entery: = 1.59 - 1.54 - 1.467 ❇️Targets 1️⃣1.45 2️⃣1.43 3️⃣1.4 4️⃣1.359 5️⃣1.296 🧯Stoploss : 1.63
The current area support is very suitable for continuation of the upward trend
In my most recent BTC analysis I wrote about the pending break out of this bullish channel. Bitcoin indeed broke out, reached 38.000$, but reversed quickly. Leveraged trades reached a climax after Ethereum's ETF announcement, which gave traders a reason to sell the breakout and buy the correction. Most alts corrected around 20% at the lows, which is healthy...
#UFO Gaming is following the PARABOLIC ARC pattern. It is NOT a Financial advice. TP 1: 1300 --> Done, TP 2: 1600 --> Done, TP 3: 2000 ,TP 4 (Yellow Line): 2350 #UFOUSDT #Parabolic #Arc #Pattern
Like most alts, ETH has been seeing very decent gains over the last few weeks. However, ETH has not yet broken out of the bear market range, which is well defined below the purple resistance area. This resistance area ranges from $2000-$2150. If ETH does not manage to break through this resistance, we can't call the bear market over. On the contrary, if this...
Today, I want to share an interesting pattern that BTC has been respecting lately. 1️⃣ First, in June, after a bearish trend, BTC formed a falling correction /pause, and then we experienced a shift in momentum from bearish to bullish. 2️⃣ Then, in mid-July, after a bullish trend, BTC formed a rising correction and then reversed. 3️⃣ In September, once again,...
Mazagon Dock Ship Builders Ltd. recently announced that the company will pay dividend to its shareholders for which the record date has been set at November 20, 2023. This will be the highest dividend the company has ever paid till date. We have previously seen the company pay dividend to its shareholders in the past so it has a good track record of giving growth...
LUNC has been massively shorted over the last year, and with good reason, since the token is practically dead. However, this amount of shorting poses a risk for the bears. If we get more bullish price action in the near future, the amount of shorts being squeezed (liquidated) could result in a huge bullish move upwards. For now it's just speculation, but it's...
Hello, everyone. I hope you're all having a great start to the week. Let's analyze the GBPCAD chart and explore a potential selling opportunity in this pair. However, please keep in mind that since we've also posted another idea for EURCAD, it's advisable not to take both of these ideas simultaneously, as it could increase your risk and disrupt your money...
Bitcoin has been gradually trading upwards since the huge move late October. As seen on this chart, BTC has continuously making higher-lows alongside the purple dotted support line. As of earlier today, BTC hit the support again and saw a bounce from the lows. However, as long as we're below the yellow dotted resistance there might be a higher probability for...
Bitcoin is currently in the process of breaking out of a bullish flag pattern that has been in the works ever since we hit 35k last week. If we can get a 4H candle close above 35,250 I'm considering it a successful break out, with a likely continuation of the bull trend. 40k is my target for now, as per my initial bullish break out analysis several days...
Hello traders! Scenario number 1: The pair is in the canal scheme and in the accumulation area. If the price does not break the level (1976.00), then the pair will continue the channel scheme with the target (1924.00). Scenario number 2: If the price breaks the level (1976.00), then the pair will continue by retesting the levels: (1908.00) and (1885.00). Be...
If you've followed my analyses for a while, you've seen this chart before. This is a chart of the relative total stablecoins marketcap. In other words, the stablecoins marketcap divided by the total crypto marketcap. In my previous analyses, I stated that BTC dumped every time that the bottom support of the channel has been hit, with my most recent analysis...
As gold is in a buying position as its in a strong consolidation phase and formed a bullish penunt pattren and the another confluance is 200EMA is also in buying confluence and price has formed a bullish Engulfing candle so it seems that price will go buy
On several previous occasions I've written about CAKE and the fact that this token is dying. I don't see CAKE perform well in the next bull-run, but that doesn't mean that CAKE can't go up. I'm looking at the falling wedge on the chart. If we can get a break out in the near future, ideally above 2$, I'd wager that the break out is a success. My target would be...
SOL has been one of the bigger winners of the last few weeks, seeing a 100% increase since the September lows. However, caution is advised for the bulls. SOL has reached a very important area of resistance, so some profit taking is to be expected here. However, with BTC looking great, I'd be surprised if SOL won't break through this resistance area. Personally,...
The cryptocurrency world often surprises us with intriguing market dynamics, and today, we'll delve into NEAR and FET, two projects that have crafted similar fakeout patterns but may be charting different paths forward. NEAR executed a "sweep of the lows," while FET is forging a "double bottom" pattern, both aiming for a potential ascent to $0.55. Let's explore...