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Midterm

BTCUSDT LONG#BTCUSDT Update: $BTCcurrently trading at $37589 And $40680 is resistance. BTC trendline touched as resistance, also trendline(red line) is BTC resistance... So what now..? BTC will be in a range between (38311_36081) If BTC could pass$ 38311 and 38680$ then we can see a pump in the chart again... Support is $36081_34457 But If BTC breaks the $36081 support level then BTC entered in a bearish zone and My Target will be $32613. Hope this will not happen. My Levels: Support:- $36081/$34457/$32613 Resistance: 38311 /$40680/$50000 RSI is ok ... Must follow me for the latest crypto real-time updates. Goodluck (:
Long
by ershadAAK
Next bullish is going to startBullish Abnormal Pin Bar Appeared in an Important Key level also it's a key low point and the volume confirms the movement too. This could be the pullback after breaking Trend 1, but my opinion is that the new departure is beginning because of the volume and moving averages confirmation. A strong pullback to Trend 1 will approve my idea and the target will be $9.6. If the price breaks the $9.7 level with a strong move, the next target will be around $11.4 - $11.8. My trade details based: - 1st entry: $8.24 - 2nd entry: $7.9 - SL: $7.22 (or if weekly support is broken by a string bearish candle) 1st target: $9.6 2nd target: $11.3 Indicators used: - Abnormal Pin Bar - Trend Key Points
Long
by bhnmzm
2
Bitcoin will close to the week at $34500 - $35000 Bitcoin started the 9 Jul with an Abnormal Pin Bar . At the same time, that candle has returned from a strong key level and a trend 1 support. Also the volume approves of the return too. I think the overall situation isn't very heartwarming, but it will go green for bitcoin this weekend. and It’s going to start next week in the $34500 - $35000 range. Indicators used: - Volume (20) - Abnormal Pin Bar (2, 4.5, 2) - Trend Key Points (10, 3, 1, 0, 2, right, 10)
Long
by bhnmzm
1
ETH/USDT Long/Midterm TradeOVERVIEW Trade set up based on mid term support @2142.00 as well as a 2-month bearish trend breakout along with a Bullish Engulfing Pattern shown in 1D chart. Price just broke a midterm bearish trend with a short term bullish trend, and is trying to maintain with strong mid/long term indicator data. Also, based on Fib Retracement, price is looking to confirm a 50% fib level from almost three weeks ago, but it comes stronger now from the support mentioned where demand spikes (<$2000). Once price gets confirmed at (0.50), the next level (0.618), which is historically bullish for long/mid term strategies, will be tested . As it holds up, the target is to find profit off this breakout confirmation and find an overall bullish momentum in the crypto market. Profit targets were set up based on the Long Position tool upon the already marked support and resistance prices. Entry Level must be from a lower price range to gain short term RSI strength to then proceed to the first target just discussed and so on. The four profit targets shall go to 25% while max downside is 12% approximately. Entry Price (Buy Zone): <$2142.62 Target Prices: (1) $ 2278.84 (2) $ 2411.99 (3) $ 2602.10 (4) $ 2839.97 Stop loss: $1825.20 Indicators RSI 1W A bearish trend coming from top is trying to reverse at strong support in the 50s level. 1D Trying to get back to the upper 50s level, which has been mostly strong and consistent during the past year. 4H Wavering around 50s for a week now, probably looking for a short-term dip before pumping up. MA CROSS (50,100) 1W Being through a bullish trend since July 2020 and have no signs of a pullback 1D Just entered a bearish cross two days ago after rallying for 7 months on a bullish cross 4H Entered a bullish cross after almost three weeks of bearish cross. BINANCE:ETHUSDT ADX/DMI (+/-) 1W Showing positive trend over 38 and above both DMIs. Also, DMI + a bit above DMI -. 1D Showing strong positive trend at 29 and above both DMIs. DMI + coming back strong from lows and crossed DMI - recently. 4H Uncertain as ADX and DMIs are colliding but ADX at trend level (>20) as well as DMI- which just crossed DMI+ but too narrow.
Long
by vf_investment
DXY UPDATEDXY finds itself on a weekly trendline that acted as resistance previously and now the price had its first reaction to it. Only time will tell if it will manage to send the price back down or not. A weekly close above the 93.012 can act as good indication that the Dollar can go higher, at least to 94.50 and maybe even higher. And a weekly close below the 91.81, can act as a good indication that it will test previous levels, like to the trendline acting as support, or maybe even lower than that. Either way, there will be a nice opportunity to take advantage. Patiently waiting.
INDEX:DXY
by ITS-BENG
Bullish Analysis on EUR/JPYGood morning, traders! Today we will analyze the situation in EUR/JPY since many of you may be interested, mainly in the momentum/trend traders. 🔸The price has been in a solid upward movement for more than a year. We can draw a bullish channel by joining the ascending highs and lows, and we see that recently the lower trend line was tested. There was an attempted break, but the price could not consolidate below and instead generated a strong rejection and a subsequent bullish momentum. 🔸Throughout June, there was an extensive corrective process with no clear direction. A clear reversal of the trend. 🔸We consider that this instance is about to end, and if a bullish break is generated, there are high chances that we will see a movement towards the Weekly Resistance zone. 🔸The Weekly target we are looking for is the supply zone that led to the previous downtrend in this pair. At the moment it was touched, it was a level that generated a bearish movement that lasted almost two years. That is why we consider that if having or opening bullish positions in this pair, it is a good place to close the trades or minimally reduce the risk or take some profit.
Long
by ThinkingAntsOk
1
#THETAUSDT midterm targetsAt this point, we are in a strong resistance zone of EMAs; looking at the trend, the chart was not able to make HHs, and also the higher low isn't really significant and also EMAs are fluctuating near the price, which we can imply that a stronger trend would begin. Also, the chart has formed a flag pattern that the probable breakpoint is near the strong resistance zone of 11.5, so any breakout of this point would result in a good profit printing. Having checked the technical analysis, Now let's dive into fundamentals. In my opinion, the reason that we cannot see any strong trends is that the proportion of its market cap and 24h volume is not satisfactory. So, any volume pump or coin-burning or just any positive pulse would start its upward trend.
Long
by Sinajp96
6
Are we heading for a quick wash off?Hey guys, this is my first "TA", In the case we assume that the ETH price would respect the channel that drawn red, we could assume in my opinion that a drop could be on the table - with regards to the previous one. However to the idea, the ETH / BTC ratio is also included where the RSI and BB are quite overbought, also the BTC state does not look in a way of pumping. So assuming two main scenarios: 1) BTC goes UP and ETH / BTC needs to correct, where we go slowly down 2) BTC goes down and take the whole market and as always the ALT coins bleeding the most 3) We break out the channel up for a new price discovery mode. Which I do not think is going to happen that time. I have tried to make a bit of connection to 2017 and there were none of these visible channels, so I am not taking that much into consideration, but we could assume that the % pattern of up/downturn would be very similar and since the market is bigger the volatility tightens a bit up so 40% corrections during the new "2021" bull-market sounds fair enough - when the big money is coming. So I have written a few words to this chart and in my personal opinion we will go with a scenario 1-2, and I am not honestly sure which one I put more value into. What do you guys think?
BITFINEX:ETHUSD
by Elyar