BTC/BTC - Major Resistance defeated - Many bullish patternsRecently, we've seen many bullish patterns on the BTS/BTC chart.
It started with the cup & handle formation that I posted about. The handle-part of this pattern turned into a double bottom later on (which is also a bullish pattern.
And meanwhile, this all seems to be located in a big ascending triangle on the daily chart.
Today (April 1st), Bitcoin Dominance has finally broken below the 60% level. This is a support that has been holding for quite some time, previously locking us inside the 60-64% range.
As BTC dominance (BTC.D) decreases, money flows into the altcoin market. Today might be the start of the massive altcoin season we've all been waiting for.
If this happens, we will see BTS skyrocket. You can keep track of BTC.D here: www.tradingview.com
RSI looks strong as well. We are currently in a mild correction after the jump we made the past few days (from a low of ~135 sats to a high of 174 sats, that is a pretty decent move).
We also touched 10 cents on BTS/USDT, which is the highest BTS/USDT has gone in the past few months.
TL;DR:
As BTC.D falls below its major support level, opportunities for altcoins arise. We might see an even bigger pump compared to what happened in 2017 since the crypto market cap is way higher these days.
Red line => Major resistance of 154-155 sats that has now probably flipped into a support.
Blue lines => Possible targets
TA
Nice on! Down then upNice on! now that we got it down the field, take that ball and throw it into the woods, if you like scalpers; theres one on the sidelines selling tickets at
---------$7.18 or a bit lower
----Next stop $10-$12.
Not financial advice...
apparently im not a golfer
Look at FEYE(This is not financial advice)
Hey guys, this is a quick look and TA on FEYE that I decided to take a look at. FEYE has flown under the radar on the technology sector but is a very solid company and I am confident in it for the long term. Short term it seems to be bouncing off this bullish flag as well as the Fib Retracement pretty well. Along withe fact that on the Volume Profile it is a bit below the average and looks to be making a move back up after bouncing back up. I like a buy on this stock for a short or long term hold in the 17-19 range. While the market has been bloody recently I am not bullish on it currently but I see it making another big drive up in the next big bull week for tech.
Let me know what you guys think and what other stocks I should take a look at. If you a agree/disagree let me know in the comments and drop and like and follow!
Thanks!
- Vlaire
Golfer WIN!by golfer win I mean; out there on the field you get a nice on, but you just fist pump because you know your trade is legit. No one else is around telling you good job, but you know... yeah you know omg is exiting that purple and red cube. I made it look 3D because OMG is about to hit another dimension. Get some chips, buy some dips and LETS GOOOO!!!! (golfer win)
EURNOK 4H 375pip SELL - For week starting 29.3.2021What's up please comment what I can do better.
I have spotted a smaller head and shoulders pattern (0vert last 8 days) forming on the a pull back of the EURNOK downtrend which began this time last year. The 1D trend line (orange) was recently broken up and then back down, the most recent wick up failed on the 25th and lost momentum suggesting a considerable number of swing buyers have left the market, allowing the selling pressure to increase. The 100ma is in our favour as well as the TDI indicator which is turning bearish overall.
We're looking for solid confirmation of the neckline and the 100ma being broken (especially whichever comes last) before we enter this as price could simply be ranging irregularly and catch us out. Be careful entering this on Monday as there's more fakeouts at market open. If you get in this trade around the entry shown on my screen, I would set: TP1: 50pip TP2: 90pip at fib level 1.000 meeting the yearly low and TP3 at 375pip @ fib level 1.618. We're likely going to see a rejection of fib level 1.000 so make sure you break even at tp1. SL at 40-60pip.
If we hit TP2 definitely keep a runner as we're on a downtrend and want to see monthly and yearly lows broken.
Be careful my slimes
Vince / Vmoney
NWYU Technical Analysis 🧙New You Inc is a United States based company that has created innovative technologies in health and nutrition industry, which consist of various proprietary products containing high-quality cannabidiol (CBD) hemp oil-based products. The company's principal business is the development and marketing of unique and proprietary CBD products and currently sells its products through its subsidiary through direct selling and distributorships. Its products include Drops, CB2, Drops for Pets, Caffe Canna, among others.
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INO Technical Analysis 🧙Inovio Pharmaceuticals Inc is a United States based biotechnology company that develops active DNA-based immunotherapies and vaccines to treat and prevent cancers and infectious diseases. The company is engaged in gene therapy, where its immunotherapy platform consists of DNA-based immunotherapy and electroporation delivery technologies.
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ATHX Technical Analysis 🧙Athersys Inc is a clinical-stage biotechnology company. It is focused on developing novel and proprietary therapies in the areas where there is a significant unmet medical need, particularly in the regenerative medicine area. The firm's main product is Multistem cell therapy. Its current clinical development programs are focused on treating neurological conditions, cardiovascular disease, inflammatory and immune disorders and certain pulmonary conditions. Its revenue has been derived from corporate collaborations, license agreements, and government grants.
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BTC UpdateHere's a quick look at BTC 4 hr 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. Then the price formed a new descending triangle, and has now broke down from it. The price went down to 50.400$ and found some support and bounced back into the new falling channel. The price has almost tested the upper trendline and we might see a small pullback here. Otherwise if we break the upper trendline, we might get to new ATH!
One thing to keep in mind is that Bitcoin is very correlated to the big stocks, hence if the stocks are down, we should then expect a pullback from bitcoin. However the fear in the market is growing, and we should be cautious trading right now.
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!
WVE Technical Analysis 🧙WAVE Life Sciences Ltd is a preclinical biopharmaceutical company based in Singapore. It owns a diverse pipeline of nucleic acid therapeutics meant to address rare genetic diseases related to the central nervous system, muscles, eyes, liver, and skin. Its nucleic acid therapeutics target genetic defects to either reduce the expression of disease-promoting proteins or transform the production of dysfunctional mutant proteins into the production of functional proteins.
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MATIC about to explode!Here's a quick look at Matic 4 hr chart. As we can see, the price has been oscillating in the falling wedge and is about to break it. This will probably be a catalyst to a bigger move.
Note: We've got bullish divergence, which is a bullish sign!
The idea is: Buy the breakout from the bigger falling wedge and Take profits at the levels shown in the chart.
Targets:
1. 0.37$
2. 0.43$
3. 0.46$
4. 0.5$
5. 0.55$
6. 0.63$
Follow me for daily 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!
Alpha Finance (ALPHA)Salve
tg 2.3--2.5--2.9 sl 2
ALPHA is a multi-purpose token that is utilized in Alpha Finance Lab’s decentralized protocol which supports their range of different products.
back to Nov 14 of 2020, Alpha is like my kid
ciao
Polkadot DOT Bullish Case 2021 BullrunWHY DOT
- I believe we are entering the part of the bull run where market cap takes precedence over other analysis.
- I believe Dot is in a perfect place at 35B entering the super cycle.
- Dot gets compared to ETH very often.
- ETH & DOT have one important thing in common from one another... TIME
- ETH launched right before the last bull run. DOT launched right before this bull run.
- Only draw back is that DOT is unavailable on Coinbase.
- The risk/ reward on DOT is that it can pull a run just like ETH did. I am willing to take that chance.
- The use case is solid and has a lot of potential.
- Can Dot reach 100B or even 300B this bull run? I don't think that is too crazy.
- I will be posting analysis of other low cap alts that have a chance at great success right now in this phase. Comment in below for discussion & like if you liked.
CHART ANALYSIS
- I was told to further explain my charts.
- Above on the graph I have a very basic pennant drawn. What makes this pennant unique is that its been holding structure for 3 months straight.
- Each time the price has touched in the green circle, price has bounced into discovery. Not to mention it also holding the same moving average ADA has... bullish
- Below I have the MACD. MACD is showing a bullish cross with significant upward buying preasure.
- Regular RSI is in the middle. It shows where exactly the coin is in volatility. In this case RSI has formed a bullish support band. Has long has we stay above this band price should go into discovery. The higher the more volatility which is good in bull markets.
- Below, the Stoch RSI. It show very short term price action direction. Very dependable in entering a position. The goal here would to have the Stoch RSI float high as the regular RSI picks up.
The TA & pumpology is strong with DOT. Very excited to see how it performs this year. A quality Alt coin that deserves to mentioned with ETH ADA VET
$DW8 Bull flag, volume spike. Next leg uptoRSI bottomed on 4H, Bull flag formed, Volume spike leads me to believe we're going to break out and go to Fib 1.618 extension @ ~0.195 as first target.
Only started uptrend 11 Feb so I think it's still got some juice left in the tank to go further.
DYOR and GLTAH!
Massive dip for BTC?Let's look at a very simple TA on the day chart. We found nice support yesterday on the 21EMA and the lower trend line. Above all, don't shoot into panic too quickly if Bitcoin drops another 5 to 10 percent or so. Nothing to worry about! Just take some HTF to relax.
Last call to get on board to 70kBTC benefits from a lot of supply support lines on multiple levels that have prevented it from going any lower since it’s ATH of 61k. There is no directional consensus on the timescales that indicates an end to the bill run. Although it seems hesitant to go any higher it really is just in “transit” to 70k.
Do your own research, this is not financial advice.
BREAK OUT UP OR DOWN? Follow me!We are looking at a break in either direction before this Sunday closes
BCLI Technical Analysis 🧙Brainstorm Cell Therapeutics Inc is a biotechnology company. The company is developing novel adult stem cell therapies for debilitating neurodegenerative disorders such as Amyotrophic Lateral Sclerosis (ALS, also known as Lou Gehrig's disease), Progressive Multiple Sclerosis (PMS), and Parkinson's disease (PD). Brainstorm's NurOwn, its proprietary process for the propagation of Mesenchymal Stem Cells (MSC) and differentiation into neurotrophic factor-(NTF) secreting cells (MSC-NTF), and their transplantation at, or near, the site of damage, offers the hope of more effectively treating neurodegenerative diseases.
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EPZM Technical Analysis 🧙Epizyme Inc is a clinical-stage biopharmaceutical company that is committed to rewriting treatment for cancer and other serious diseases through discovering, developing and commercializing novel epigenetic medicines. Its product candidates include tazemetostat, an inhibitor of the EZH2, which is in Phase II clinical trial for patients with relapsed or refractory non-hodgkin lymphoma (NHL), Phase II clinical trial for relapsed or refractory patients with mesothelioma, Phase I dose-escalation and expansion study for children with INI1-negative solid tumors. The company is also developing additional programs, such as pinometostat, an intravenously administered small molecule inhibitor of DOT1L for the treatment of acute leukemias and PRMT5 inhibitor.
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Update ROSE mision (0.35$)ROSE is doing really well, and we have the new support (0.18$), like in my previous idea, we are doing sideways since we touch the line, and in this point, we only need to grow up! No resistence, minimum 0.35$.
