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Recovery

NEO/USDT Big Pump and testing 1st resistance at 45$NEO just pumped and tests the first of three big resistance lines around 45$. Daily on the left hand side: - The RSI moved over 70 and is now near overbought area. We expect some kind of consolidation before we move upwards again. - The downwards trend seems broken after hovering above the lower yellow line. - We see a volume increase during the last days. 4h on the right hand side: - There is a golden cross involving the 50 and 200MA indicated by the yellow camera. - We spot a strong volume spike indicated by the green spiky ball. We expect some consolidation now which also could be very short term. In the long term we shoot for 120$ again. 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.
Long
by tumbler55
LIT/USDT Parabolic recovery on its way. Explosive?Litentry finally starts to recover from it's harsh decline during May and June. We see a volume increase which is indicated in the daily chart with a cyan line. The RSI on the daily shows a trend reversal analogue to the price action. LIT now did face some resistance around 3.8$ but this is expected to be temporary. The 4h chart shows a golden cross with the 50MA and 200MA involved. A first target can be set around 6$ with the second around 14$. Basic rules: - Never buy the top/ATH - Take profit as long as you can (also partial profit is profit) - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. We would love it if you could share your thoughts in the comments. Discussions are very welcome here. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. - White lines are Fibonacci retracement levels Helplines: - Purple lines are trendlines we take a look at. - Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
Long
by tumbler55
DOT/USDT Bounce at 10.5$ leads to trend reversal?Polkadot crashed hard during April and did not recover since. However, during July we did see a bounce at 10.5$ and DOT did break the series of lower highs for the daily RSI. Volume increased as well which is an additional sign. Now DOT moves into the 15-16$ range where we look for an upper breakout in price considering the downtrend. Once we turned the 15$ into support we take the trend reversal of DOT as confirmed. On the 4h chart we can expect to see a golden cross soon. 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.
Long
by tumbler55
1
ONE/USDT Leaving the falling wedge for a consolidation triangleONE did leave the falling wedge indicated by the yellow lines. Currently we see a consolidation into a triangle drawn with the violet lines. ONE found support twice around the 0.055 line and marks kind of a double bottom which on its own is a good trend reversal sign. The volume however is still decreasing which is fine for a consolidation. Once we break out of the triangle we expect a volume spike. The RSI of the daily chart on the left hand side shows bullish signs with a higher low indicated by the yellow line. So for now we watch and are prepared for an upwards breakout. 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.
by tumbler55
QTUM/USDT Consolidation before the relief breakout?QTUM consolidates between the 4.8 support line (green) and the 7.5 resistance line (orange). Currently we even can draw falling triangle (yellow line). On the right hand side we see that price action currently moves between the 200ma and 50ma. One we break through the 200ma we expect a relief rally with higher highs and higher lows. The RSI on the daily chart on the left hand side shows that we are moving upwards where a higher low was printed indicated by the yellow line. Currently we stay neutral until we get the upwards breakout. Volume so far declines which means we have no indication here for a nearby trend reversal. So let's see and hodl. 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.
by tumbler55
4
EPS/USDT Back on track after another retest of previous supportEllipsis did another retest of the 0.34 line which was unexpected due to the strong recovery right before that. However, we did get a very solid bounce and are again above the violet upwards moving line. Once the 0.53 line is broken we expect a major upwards pump. The strong volume increase during the last 30 days shows rising demand. Just to get near previous ATH we would need more than 2000% from here. So stay patient and enjoy the ride. 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.
ELong
by tumbler55
3
SUPER/USDT Back on track. Whopping 1000% for new ATH.I will try to play around with different chart types and charting styles. Please tell me what you like or dislike and why. Thank you very much for your time. SUPER made it back into the violet cone together with another volume increase. There was a retest of the 0.38 line which probably did trigger some stop/loss as well. However, we did get a strong bounce which indicates that we will move higher from here. On the left hand side you can see the massive downfall of SUPER since its launch on Binance. The volume however did increase massively during the last 30 days which is a great reversal sign. Additionally the 50MA is above the 200MA and due to the current recovery this seems to remain the case. For a new ATH we have to gain 1000% so fasten your seatbelts and enjoy the ride. 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.
Long
by tumbler55
BTC/USDT Wyckoff accumulation. Heading to Phase D?Last time we covered Bitcoin we introduced the Wyckoff accumulation pattern. The continuation did not follow the exact pattern. We rather saw another so called "Test" below the 30k line and are moving upwards since. Currently we look for a breakout above the 0.5 Fib line and a follow up retest of it as new support. This would give us a good setup to move towards phase D, the consolidation before the final upwards breakout. Bulls are coming back but don't be mistaken it's still a long way to go. What drives the market upwards again? The talk about the B word can be considered bullish news where also potentially Tesla will accept Bitcoin payments again in the near future. The bears were not able to hold BTC constantly below 30k and now it looks like the semtiment swapped. Fundamentally we move towards great updates for Bitcoin, Ethereum and Cardano which cannot be ignored anymore. 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.
Long
by tumbler55
AUDIO/USDT Volume increase as early sign of recovery?The analysis will be similar for most coins at their current state so don't be upset if the phrases are the same.^^ We see an increase in volume which signs a rise in interest. The purple line shows that we are in an upward movement with higher highs and higher lows. Recently a cross between the 50MA and the 200MA occured where finally the 50MA is on top again. These are early signs of a trend reversal which is not confirmed yet. However, one might take this as a great buy opportunity. 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.
Long
by tumbler55
1
SUPER/USDT Volume increase starts to push the price upSUPER is the currency for the game Superfarm (where NFT's can be collected and used) created from Ellio Trades (Youtube). Since the launch on Binance SUPER dropped hard after a starting rally. Currently it looks like we get a trend reversal which is not confirmed yet. The RSI is around 40 and looks like we can expect a parabolic recovery there. We spot a recent 50MA and 200MA cross where finally the 50MA is on top again. SUPER currently is within a rising channel with higher highs and higher lows. Volume increases over time which indicates rising interest. All these things are early signs that give us the impression we finally get a recovery. 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.
Long
by tumbler55
2
EPS/USDT Volume increase shows rising demand. Is the bottom in?EPS continued its downfall during June as most other coins did as well. However, for the last two weeks we look at a small trend reversal where we see higher highs and higher lows following the purple line. We also did notice two bigger volume pumps that increase rising demand. EPS provides low slippage swaps between different stable coins like USDT, USDC and BUSD. The RSI is around 40 and looks like it's forming a recovery. The 200MA was crossed the first time for a very long time now and reaches a plateau which might end in a recovery. We also can see the 50MA and 200MA cross where finally the 50MA is above again. These are early signs of a recovery that is not confirmed yet. 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.
ELong
by tumbler55
2
BTC recovery looks imminent now.Recovery is imminent now. The reason for this is the RSI graph that you see at the bottom of the image. RSI is in a downtrend since early January this year. So, that is a very good indicator. A good indicator is something which has been holding for a very long time, in this case, 6 months. But now, it is more probable to break that upper resistance line than ever. So the thing with trendlines is that every time the graph hits a trendline, it either makes a higher high(in the case of a lower support trendline) or a lower low(in the case of an upper resistance trendline). And the chances of breaking that trendline increases when it retraces back to that trendline without making a higher high or a lower low. Here, in this case, we can see that RSI had already made the bottom(around 20 during mid-May. So, for the downtrend to hold, it needs to go below 20 which is very unlikely. And it has currently acquired an upward momentum in the last 2 days and the next time it goes near that upper line, it is very likely to break. So, I believe 30k is the bottom for now. But if in the very rare case, if it goes below 28-29k, it might go to 20k( looks like that from H&S), and that might also mean daily RSI trying to make a lower low. NFA. Goodluck.
Long
by trader5319
2
Bitcoin Showing Signs of StrengthBitcoin has been shedding signs of bearishness for the past two weeks. We are still firmly in the sideways pressure of the "Crab Zone", but as you can see we've been building a structure of higher lows and a general upward slope. In the sort term we seem to be opening upwards into a megaphone like pattern, implying an increase of volatility as it bounces up. I feel like this is a strong bullish sign and it's beginning to build a bowl like shape, similar to the 2013 shakeout. This whole pattern reeks of institutional accumulation while they scare the coins out of your weak retail hands. If this was real bear action we would be in the 20k range already, if not dramatically lower. Personally, I feel like we've got at least another month of this sideways action, but we're showing some promising signs that strength is returning to the market. I think over the next few days/ couple of weeks we'll go and hit the top of the range again, around 38k-40k. If we do get that high, I'd probably consider a short, but be aware that with strength returning comes a higher probability of decisive a breakthrough of the range, if there's a lot of strong looking candlesticks I'd change that to a long in a heartbeat. I don't think it's moon jump time just yet, but it's getting closer, assuming that my model about longer cycles holds correct... I would start looking at sites like cryptoquant, glassnode and others for signs of large accounts starting to move money onto exchanges soon. There was one chart I saw earlier today "Supply held by entities with 1k+ btc" that had a sharp spike upwards for example, 2x larger than any other movement during this whole sideways movement. More signs like that and the bull run will be back on. That chart is here btw twitter.com I'd look at this halving chart, along with my model if you want a strong dose of hopium that might actually pan out. twitter.com
BITSTAMP:BTCUSDLong
by CryptoidiotQ
HIVE/USDT Falling Wedge pattern. Battling for important supportHIVE is declining since April as many other crypto coins are too. We are looking at a falling wedge pattern and wait for a breakout as a sign of trend reversal. HIVE found critical support at 0.2$ and is now battling for the important 0.29$ support line. Volume is in general low but we see some spikes which could hint some people are accumulating. 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.
by tumbler55
3
QTUM/USDT Regaining the 200MA after Bitcoin initialized dropdownQTUM did break through below the 200MA initialized from the Bitcoin drop. Now QTUM is in recovery mode to gain the 200MA back as support. The previous support around 4.5$ did hold and the next target is the lost 7.7$ line. As a major proof of stake Blockchain QTUM should have a great 2021. 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.
by tumbler55
4
AUDIO/USDT Downwards trendline broken. 100MA as next targetAUDIO broke out of the downwards trend indicated with the yellow line. The volume is very low and AUDIO has a hard time recovering also with the 100MA just above acting as new resistance. Once the 100MA is crossed more investors are likely to turn bullish again and with it the volume will rise. Middle target is 2.7$ and the ATH target is around 4$. Audius in contrast to other music plattforms gives the money to the content producers. Checkout their Twitter page: twitter.com and their webpage: audius.co 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.
by tumbler55
BTC/USDT Wyckoff accumulation perfectly in play 4hThe current pullback for Bitcoin so far mirrors perfectly the Wyckoff accumulation pattern. We are currently in phase C where we recover before the next consolidation in phase D. Hopefully you will get a bit more confidence again after reading this. Phase A: The downfall where we see a short stop at previous Support (PS) around 43k. Breaking below did lead into a selling climax (SC) down to 30k. What follows is the automatic rally (AR) back to 41k where we did meet the 0.3Fib line acting as new resistance. Finally we see the secondary test (ST). Phase B: Moving between the consolidation range 30-40k. Phase C: It seemed we found the bottom around 30k but as often many people get shaken out due to the so called spring that breaks through the support at 30k just to come right back above it. After this we get the test at 30k again and see the support again. People are getting more confident again that this was the bottom and start investing again. Phase D: Relieve rally back to the 40k level. We get a test at the last point of support (LPS), back up (BU) and sign of strength (SOS) which indicate a breakout to the upside. Phase E: Going for new ATH. Model idea is taken from here: phemex.com 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, white and pink lines are 200MA, 50MA and 20MA. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
Long
by tumbler55
We 💎 HODL *** Bet on V-Shaped Recovery *** Bears = WeaklingsWe 💎 HODL *** Bet on V-Shaped Recovery *** Bears = Weaklings Extremely negative funding rates yield astonishingly bullish opportunities. Now, you can long and take the money of the newbie bears in addition to your trade profit. The support line protects your back. Bears do not have the momentum and volume to break it anymore. You may counter-trade the herd and, at the same time, copy trade the professionals. The Risk-Reward Ratio is marvelous: We compare a potential $8 000 pump to a possible $2 000 dump. Our position is: Side: long Leverage: x10 Entry: $32 000 Stop loss: $29 900 Target: $40 000 See our previous idea, in RELATED IDEAS, "Beware of 🧟‍♀️ Undead Bulls! And they can Moondance". Our success rate has been 100% since we joined TradingView a month ago. To join our community and browse our private ideas, type "OXY BITS" in the Telegram group search.
BINANCE:BTCUSDLong
by Elysian_Mind
2