Bitcoin reconsidered? 113k? or 13k?Reconsidering Bitcoin to make a new ATH?
Why and when? The USD is devaluing more with more money printing. Inflation is peaking. The time will come if Bitcoin can close weekly above 57k and consolidate above its over. More than likely a big push will occur.
Hint:
(As this idea is contra to the related ideas. This could also turn out a double top of it can’t break and hold above 57k.)
Target 113k.
This is another idea to plan for.
Do not do invest or trade on my ideas. I am not liable for gains or loses. I am not your financial advisor.
Newath
XRPUSD False exit?📈XRP has broken through the 1.264 mark and is trying to break through the resistance level, but there are suspicions that this is just a false exit from the triangle (see TF 10h). There is also a possibility that after a small pullback into the triangle XRP will break through the resistance level of 1.26 and go further to the 1.3 level.
Do you agree?)
Your Solldy.
BTCUSD ⚡ NEW ATH? 📈BTC broke through the $ 50,000 mark and if it does not break through the $ 51,500 resistance zone, it will go to a correction to the $ 47,500-46,000 level. But there is also a chance to break through the resistance level with a slight rollback and go to a new pump.
Do you agree?)
Your Solldy.
ETH/USDT Update: Breakout out of bullflag is happening right nowIntro:
- Ethereum currently has the biggest ecosystem and running smart contracts for a long time.
This headstart led to a big market dominance compared to its competitors like Cardano, Solana, Cosmos, etc.
- It takes some time to create such ideas and drawings.
You are welcome to pay me back with a comment that states your opinion and maybe leads to further improvements considering my charts and explanations.
Daily chart:
- ETH dropped three times to the 1750$ level and did get a bounce each time.
- The blue arrow shows a W shape recovery which is considered to be a strong pattern and signals a trend reversal.
- Currently trading volume stays rather low which signals that some people still don't believe in a trend reversal.
- On the RSI side we see a bounce off the 50 line which also did break the recent downtrend drawn by the orange line.
- We see a golden cross indicated by the yellow camera.
This time we see a strong separation between the different MA which is very bullish .
- Price consolidated below 3400$ and seems to bounce of the 20MA to finally break through.
Expectation:
- We expect to continue the bullrun and aim for higher price targets.
- Not much resistance is seen up to new ATH's, so it could be a fast ride.
- We expect to hit the previous ATH soon within this month.
Basic rules:
- Never buy the top/ ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone . Check the description.
REEF/USDT Update: Moving within rising channelIntro:
- Reef Finance tries to become one of the most used blockchains for DeFi.
It's fast, scalable and has a low transaction costs.
Reef Finance is build with Polkadot Substrate and comes with on-chain governance.
- It takes some time to create such ideas and drawings.
You are welcome to pay me back with a comment that states you opinion and maybe leads to further improvements considering my charts and explanations.
Daily chart:
- REEF continuous its recovery and trades within a rising wedge drawn using purple lines.
- The overall volume stays increased and it is likely to see more upwards movement here once we go for higher price targets.
- On the RSI side we got a rejection from the 80 line and are within a very shortterm downtrend most likely towards the 50 line where we expect support.
- We see a golden cross indicated by the yellow camera and a deathcross indicated by the cyan camera.
- The golden cross between the 20 and 50 MA can be seen as sign for a trend reversal while also most other signals tell us the same like price and volume.
- Currently we sit above the new support around 0.22
Expectations:
- Assuming the trend reversal keeps in play and we get some kind of mirror image we expect REEF to touch 0.5 again before the end of 2021.
- Often times price consolidates above a support line which has been passed shortly before we see a bigger pump as separation from the support line.
Basic rules:
- Never buy the top/ ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone . Check the description.
LRC - blast off incoming. New ATH.3 words.
Cup and handle.
Clear monthly closes with higher lows.
Once the resistance is completely broken at the .55 zone, following are the targets:
Targets:
1.40 zone
Retest .90 zone
Final monthly wick 3.50+ zone
Plain and simple.
Who's holding this baby?
This is not investment or trading advice. You must be knowledgeable and conscious of your own decisions and actions.
ADA/USDT Update: Broke ATH and heading for 3$. Smart Contracts!Intro:
- It's a long time ago since we covered ADA. Mostly because it was consolidating and we had to wait.
- Finally we got an official date for the launch of smart contracts and it's the 12th of September.
This is the update the whole Cardano community waited for years now and patience seems to be rewarded.
- Guys please give me some feedback to improve my charts, analysis and commentaries.
Daily chart:
- We spot a beautiful W recovery drawn in blue. As mentioned in other analysis we consider a W shape recovery to be very strong reliable.
- Volume rises again which is a bullish sign. However volume did not reach a level near to previous volume spikes which could indicate that the big chunk is still coming.
- The resistance levels at 1.4$, 1.85$ and 2.4$ were take out all within a short period of time.
- The 1.85$ resistance level was tested and now acts as support.
- RSI is currently close to the overbought territory and did get rejected from it.
Expectation:
- We expect to see new ATH's until the 12th of September and don't know yet what to expect afterwards.
- 3$ seems a doable task until then.
- Once smart contracts are running and the ecosystems grows we maybe even will see a 10$ cardano one time. Stay tuned and hodl on.
Basic rules:
- Never buy the top/ ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone . Check the description.
NEAR/USDT Road to new ATHSolana and Cardano reached a new ATH. same as LINK, NEAR/USDT in the same category - currently on an uptrend and we could see a pump from here.
Target 1 - $4.498
Target 2 - $5.029
Target 3 - $5.247
Target 4 - $5.611
Target 5 - $6.224
Target 6 - ATH
This is not financial advice, please DYOR. Please keep an eye on the market and BTC corrections. Place stop loss below $2.9991 or $2.5071
LINK/USDT Road to new ATH Solana and Cardano reached a new ATH. Next LINK/USDT - currently on an uptrend and we could see a pump from here.
Target 1 - $29.965
Target 2 - $36.626
Target 3 - $42.924
Target 4 - $45.831
Target 5 - ATH
This is not financial advice, please DYOR. Please keep an eye on the market and BTC corrections. Place stop loss below $21.73
AKT/USDT Start: Akash as THE new cloud computing service? 10x?Intro:
- AKT is currently in a downtrend and did rebound around 2$.
- Unfortunately AKT on tradingview does not show the full history. We include the resistance levels around 5$ and 6$.
But since we believe in this coin and its potential we will start covering it here.
- Akash is one of the first cloud computing and cloud storage service based on blockchain.
Cloud computing becomes more and more the norm as well as cloud storage.
This makes us very bullish for Akash that it will perform well during this bullrun.
Daily chart on the left hand side:
- Price is currently in a downtrend together with the volume and the RSI.
- Once we break above we expect all three indicators to flip which could end in a sharp recovery.
4h chart on the right hand side:
- We see a weak support around 2.5$.
- The 50 and 200 MA are closing in which would result in a golden cross. The yellow camera already eagerly awaits this.
Expectation:
- We expect a recovery during the next months that will result in new ATH's.
Basic rules:
- Never buy the top/ ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone . Check the description.
NQ Power Range Report with FIB Ext - 6/18/2021 SessionContract - CME_MINI:NQU2021
- PR High: 14190.00
- PR Low: 14170.00
Evening Stats
- Gap: = N/A
- Session Open ATR: 198.75
- Volume: 20k
- Open Int: 219k
- Trend Grade: Retracement
- From ATH: 0% (Rounded)
Key Levels (Rounded - Think of these as a range)
- Long: 14676
- Mid: 14104
- Short: 12530
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
SP500 for a new ATH? 🦐SP500 after last weeks retracement is now back pushing at the resistance level near to the market all-time high.
According to Plancton's strategy of the market will break above we will set a nice long order.
––––
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
ADA/BTC Update: Cardano stays strong with its POSCardano broke out of the Head and Shoulders pattern early this year and formed a bullish continuation flag.
We did get the bullish breakout and did break trough the next two resistance lines.
During the market crash ADA dipped back to the 0.5 Fib line but mainly the 0.3 Line did hold.
Nearing the Goguen era with Smart contracts we look at a bright future where ADA hits new ATH.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
REEF/USDT Update: Testing old Resistance for new SupportREEF did bounce back from the support lines around 0.016$ and 0.023$.
We now look for a support around 0.03$ which was a previous resistance line.
REEF stalled during march and april so it has enough to catch up and we expect REEF to perform well during the next months.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
ADA/USDT Update: 50% Shakeout. What's next?Cardano did rally to new ATH around 2.4$.
Some speculations about Elon accepting ADA as payment did help as well.
At one point the FUD did influence the price and we saw a huge shakeout well >50%.
Luckily most people in the Cardano system are more of the hodl and stake type so we don't expect mass panic in ADAland.
Currently we got back new upwards moving trendlines.
Let's see if these can hold and if we get a nice bounce of them.
The Cardano ecosystem is about to explode once we get smart contracts which are around the corner.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
The BNB will attack the new ATH very soon!!! This is our setup.Here you can see a sample of how we trade.
This is our active BNB / USDT trade.
We can see the perfect confluence where the TL was broken right at the level of Fibo 0.618.
We expect further growth, probably on the new ATH.
We're chilling out and going to enjoy the weekend now.
NEW BTC ATH! $62500. MORE TO GO?!?So recently after our pullback to our heavy support levels between $55K-$57K, we have seen Bitcoin Come back a solid 10%, breaking out of our long term daily trend line after being rejected a few days prior. As you can see on the 4hr timeframe we have recently opened a new 4hr candle about the 1.618 Fibonacci retracement level on our daily chart long term previous high and low. This in my opinion is a potential start for Alt Season.
The most recent W pattern shown on our 4hr Chart gives us a Entry Point for the neckline of the breakout at the price of $61,050 coinciding exactly with out 1.618 Level. Giving us our first target price of $62.861 and using the neckline to the lowest wick on the W pattern gives us our second target price of $63,640.
Always of course, taking profits off of the table before our price target. this trade in particular I am person going to hold open. After taking a small amount off of the table and adjusting my stop loss to the break even mark, making it a free trade, easing the emotion and attachment to the trade itself, freeing up funds for other potential opportunity's ahead.
This Is still very bullish and I am still very bullish on Bitcoin. Being a new ATH, we could see our target almost immediately and significant moves for BTC today with possible sights of $65k before the week is out.
What's Your Thoughts??!
OXT No Need To WorryAs long as .78 can hold as support OXT is only beginning a massive journey.
We could see brief dips below in coming days but bigger picture we would like to see a weekly Candle Body close above .78 USD.
That would be extremely bullish.
Price discovery can be a fantastic time for asset holders.
Real world usability and demand to pull OXT higher in cmc ranking list.
not investement advice. DYOR.
Will BTC go sideways from here?Here's a quick look at BTC daily chart. As we can see, the price broke down from the rising channel and went all the way down to 53k where we found some support and bounced. The price is right now forming a new falling channel, and if the price somehow manages to break it to the upside, we are then going to new ATH for sure. There's bullish divergences to be found on the lower TF's that indicates a bounce from these levels.
If BTC goes sideways for some time now, and decides to oscillate in the falling channel, then the alts will get some room to run. Alt season is near :)
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. BTC needs to get stable before alts can run. Trade safe!