Which one are we formingPrice action looks similar to a 2013 peak into bear market, but you can't rule out other scenarios based on that entirely. Take a look at related ideas to see exactly what I mean.
We've followed the bullmarket milestones to an absolute T so far... and September was expected to fall... so why would we be bearish if everything is literally going to plan?
Moon
This only happened 2 other timesMFI is basically the RSI but accounts for Volume as well. We've only seen this daily low of MFI twice before nearly a year ago before it's huge run up. Does this suggest a near-bottom? I'd suggest so - see related ideas. I think it's a rather safe bet as we likely won't see a liquidation flash crash as most people are bearish and longs are at a low. If anything, we may see another July 21st situation once the bearish mentality slips.
$ETH/USD Technical Analysis 19.09.2021Blessings family of traders, may you are well and in peace, and hopefully having some nice profits today. I want to share you the potential of $ETH/USD according to Moon Trading strategy.
As we can see in the 1D chart, Ethereum broke out the resistance trend line of the inner green triangle quite smoothly, together with the green resistance level, at around $3450 ish and it closes at $3620. Every time these kind of triangles are broken, we calculate a projection of the possible next target for the price to reach, which in this case is very close to $3860, being a growth of %14.26.
However, for Ethereum to reach this growth, first has to break the red box resistance around that same target, which relates to the inner triangle.
We also have a major golden triangle in which Ethereum made a higher local high and low inside the triangle, being this quite a bullish pattern. Even though, right now the daily candlestick closed under the green box support, being now its resistance. Still, this is a higher local low, from which we need to see it coming back above the green box resistance making it again its support.
Once and if this is achieved, the next target considering the golden triangle pattern, would it be an expected growth of %26,76, being around $4336. But, can this actually happen with the current trend? To answer this very important question, we need to evaluate the average minimum and maximum % of growth for the past months between the Full Moon (this time 20th of September) and the New Moon (next will be 6th of October) which it is 14 daily candlestick from now. Quite a nice room for Ethereum to grow.
The minimum average growth per month between Full Moon and New Moon for Ethereum is a total of %36.16, and a maximum of %93.78. According to this understanding, we are quite below the minimum average of growth for this period, being very good news, taking into consideration that this means we have a greater chance to reach not only the first target of the inner smaller triangle, but also that of the outer bigger one.
Right now, MACD + RSI didn't show us a buy signal, this is when the blue line crosses the red line up. Till this signal, it could be better to wait before buying, unless you want to directly buy now because you think that won't go slower than this. I bough a couple of days ago, so even with the current fall I am in profits. Why did I buy before the Full Moon, being this the cheapest day to buy? Because in my experience doing Moon Trading, prices usually are cheaper between 2 to 3 days before the day per se.
Keep an eye on it and let's make some nice profits with this amazing Moon Trading strategy! And remember to share this information so many more souls could become financially free and live a purposeful life!
This is not financial advice but for educational purposes only. Always do your own diligent research.
21/09/17 Gold (XAUUSD) - Daily Outlook - by RT-TradingDear Traders,
As expected in my previous analysis, gold is receiving support in the zones I have identified. Based on my wave count, I assume that wave C is done correcting , which is why I now assume an impulsive bullish wave. This wave was confirmed for me when the area around 50% (which was also my entry), was pushed off. This tells me that inner wave 2 has finished correcting which means we are now in wave 3. The question now is where wave 3 will end . I have marked you gray areas here. I assume that wave 3 will target at least the area around 1772, which corresponds to an extension of 1.618 or, in the best case, the area around 1786, which corresponds to an extension of 2.618. I am very confident that we will see the area around 1772.
As always, I'm looking forward to your feedback!
Raffa from RT-Trading
UNO REVERSE CARD THESIS CUP N HANDLE PATTERN %If you look at history it tends to repeat itself, the AI that the hedgies r using is very predictable. ^_^
% down before rip in may - june is very similar to % down we have had this week. OBV things change. My price target is 250$ + based on the % increase AVG.
Not financial advisor not financial advice. Just my opinion.
I know many APES can see this as well. ^_^ and are bullish aka apeish . :)
SHIBA INU INVERSE HEAD & SHOULDERS (BASED ON CLOSING) #BULLISH
SHIBA INU INVERSE HEAD & SHOULDERS (BASED ON CLOSING) #BULLISH
Since May 10, 2021 opening to today, formed a beautiful setup to explode!
I have a feeling we could moon a good distance! upwards to .00004 the previous high
I would guess then hit that resistance to fall down and form the handle, back up headed towards moon!!!
This isn't over its just getting started!!! Previous high of .00004 4 times higher then current price @ .000009
SHIBA INU currently has a market cap of 4,500,000,000...
When SHIBA INU hits . 01 it will have a market cap of 450,000,000,000 with a Big B
Which would put it at the #2 spot above Ethereum currently.
Forget the nay sayers, MASS ADOPTION IS REAL!
COINBASE, CRYPTOCOM, KUCOIN, WEBULL, ROBINHOOD...
Some of your favorite utility use coins, don't even have a spot on all 5 of these exchanges
. 01 is Inevitable Thats x1000 times my current Investment, The Risk to Reward is Phenomenal here!!!
SHIBA INU BROKE CRITICAL RESISTANCE! #BULLISHSHIBA INU BROKE CRITICAL RESISTANCE! #BULLISH
This isn't over its just getting started!!! Previous high of .00004 4 times higher then current price @ .000009
SHIBA INU currently has a market cap of 4,500,000,000...
When SHIBA INU hits .01 it will have a market cap of 450,000,000,000 with a Big B
Which would put it at the #2 spot above Ethereum currently.
Forget the nay sayers, MASS ADOPTION IS REAL!
COINBASE, CRYPTOCOM, KUCOIN, WEBULL, ROBINHOOD...
Some of your favorite utility use coins, don't even have a spot on all 5 of these exchanges
.01 is Inevitable Thats x1000 times my current Investment, The Risk to Reward is Phenomenal here!!!
BTC Elliot Wave & Moon PhaseLast night, we saw some BTC correction that leads alt's to suffer. This is are my analysis, i use moon + elliott wave.
Currently we're in correction wave. Look at my ABC lines. Watch out for good entry at the support.
Pretty sure this September gonna correction month for BTC as it's still healthy correction! And we might see 60-80k BTC in Desember ;)
Cameco - UraniumWe like the uranium play and we are doing it through Cameco. Sell target at 1.618 Fib level.
We are not early to this play, it has been underway for quite a while. We may be approaching the top, but we want to squeak a bit more out of it.
Other plays are the Sprott Physical Uranium Trust and URNM .
Fundamentally, Sprott is cornering the physical market.
adventuresincapitalism.com
Get some!
NEW GAME COIN PUMP ON KUCOIN ~ GALA! Damn guys, really sorry I didn't post this one when I found it last week... GALA games is run by the founder of Zynga and is making blockchain-based games with NFT integration & ways to earn tokens.
Their token got added to Kucoin last month and I got hit up by a recruiter about a position there, which is actually how I found out about them in the first place.
Generally speaking, I'm bullish on NFT and Game tokens, especially if you can catch them early. With such a heavyweight founder and an active community on Discord, GALA is one to watch.
Hard to say what a good entry point is right now... I mostly exited my position at 130% gain and held onto some in case it moons. I will consider re entering once more price action gets printed.
happy trades,
CD