$MATIC TO $2.80?!Here is my opinion on Matic, I have drawn on targets and levels to watch if we head to the downsides.
Technical-analysis
Crypto market, Full analysis, ( DOT, XRP, GRT, BTC included )Hey everyone, this is not a normal analysis, I fairly believe this is going to happen but keep in mind I might be wrong and have your own risk management, ( ITS NOT A FINANCIAL ADVICE ).
Looking at crypto market total cap, we can see that we have formed a channel, now as you can see I also marked 3 dates on chart, in which price hit the bottom line, now lets see what exactly happened every time we did that on other coins.
BITCOIN :
DOT :
and etc ...
as you can see, its equal to the bottom, and guess what, I believe we are currently at the third bottom and the next bullrun is about to happen.
Now there are some coins that didn't do the same thing, They didn't fall but they also didn't have such huge bullruns, such as ADA.
what to do now ?
well its simple, analyze the coins themselves, check for bullish patterns, see if we are currently at a buy position or nah, then if we are, there is a high chance for a correct setup and we if are not, just leave this one and find sth better.
Examples :
lets take a look at GRT:
well as you can see, we are currently in a channel, we have made a good rounding bottom, everything looks bullish, there is a resistance line ( Drawn with black ) and break of that level means a big run, so everything is pointing us toward top and we just need a catalyst, well I just told you there is one based on market cap, hop in !
another example XRP :
we had a channel, we broke down, we also had a trend line ( green line ) we broke that down also, it doesnt mean that this thing is going to go down, but there is a bearish energy around this crypto, so we just move on, XRP is not looking good for this technic.
You can set this up for yourself, Analyze the coins yourself or even ask me to do it for you, I will gladly help.
Again, this is not a financial advice, just an IDEA !
Like and comment below what you think.
Don't also forget to follow me for more updates.
Daily Crypto Market Update - batusd oxtusd & many more!In this video:
* I provide an update for basic attention token, orchid, and many more
* I browse through the charts in attempts to determine the overall market sentiment in the crypto space
* We discuss Bitcoin and what it means for the rest of the market
* Overall, I am still extremely bullish for the next few weeks/months
* Black Friday Special still on:
Daily Market Update - 7 min rundown of 20+ altcoins gauging tempIn this video:
* Many of the smaller cap altcoins are entering bearish territory
* I believe we are close to finding support for this current crypto correction
* However, many disciplined traders will find themselves having to exit trades
* It's time to exit some coins, take losses, and find a better re-entry condition and setup
* Overall, markets remain in neutral territory. However, smaller cap altcoins are turning bearish.
* jasmy, filecoin, shiba, shibainu, shibusd, ada, cardano, uma, umausd, zcash, zec, zecusd, doge, dogeusd, bat, basic attention token, batusd, oxt, orchid, oxtusd, bitcoin cash, bch, bchusd, ethereum, eth, ethusd, altcoin market, bitcoin dominance, etc.
Charting on the fly - Elon Avax Toko - Learn how to chart & TAIn this video:
* I chart a few altcoin suggestions on the fly
* I teach you how to spot patterns, draw Fibonacci retracements, draw trendlines, and other basic technical analysis how-tos
* I review the value of doing technical analysis vs. news reading
* Elon, Avax, and Toko coins are reviewed.
* It's altcoin season ya'll
AMC - price is correctingThe price is in a corrective area right now. It can retrace a bit more as marked on the chart.
2 Possibilities :
1. The correction can either be a triangle (in this case, we can see an upside soon).
2. The correction will unfold into a zig zag and we can see more downside, before the price will start to go up again.
In this chart, the second possibility is presented.
The Content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice.
Have a beautiful day! :)
ALICE bull and bear scenariosHello everyone, hope you doing good.
* This is not a financial advice, use the idea with your own strategy and risk management *
Few days ago, I wrote an idea about ALICE and shared with you a great setup ( Hope you didn't miss that one )
as we reached target 4, now we have to figure out whats the next move, as you can see in the chart below, we have a trend line that price has been rejected many times before and we are getting closer to it, two scenarios are also drawn on the chart below :
1. Green arrow = Bullish scenario : in which we break out of this level and since there is no actual resistance I think we will have a ride to ATH
2. Red arrow = Bearish scenario : in which we will get rejected once again and have a ride toward bottom
be patient, watch how price will re act to some certain levels, if you saw weakness it would probably mean that we are going to go down, but if we broke the trend line with a good bull candle, its most likely a bull market.
good luck !
I'm writing about most of crypto currencies;
Follow me on TRADINGview so you wouldn't miss out any updates.
Like if you think this was helpful and let me know on the comment section below.
* This is not a financial advice, use the idea with your own strategy and risk management *
ALICE technical analysis - Daily chart -Hello traders, hope you doing well.
* This is not a financial advice, use the idea with your own strategy and risk management *
Alice broke the green trend line ( uptrend ) and from there, formed a channel that we are currently in, by breaking this channel, there are targets on chart based on which side will break;
Red lines are short targets ( if we break the bottom ) * Which I don't think will happen *
Green lines are long targets ( if we break the top )
I'm writing about most of crypto currencies;
Follow me on TRADINGview so you wouldn't miss out any updates.
Like if you think this was helpful and let me know on the comment section below.
* This is not a financial advice, use the idea with your own strategy and risk management *
Daily Crypto Market Update - Still Neutral to Slightly BullishIn this video:
* I put a pulse on our crypto market
* I run down a good number of altcoins
* I summarize the current market temperature through correlation of this data
* I show some bullish altcoins that are worth considering entry into.
ETH 4h technical analysis Hello everyone, hope you all doing good. I'd like to share with you my opinion on ETH.
* This is not a financial advice, use the idea with your own strategy and risk management *
as you can see, we had a good channel in 4h chart, and with crypto market crashing, we broke out of it.
it might still be a false breakout and stop loss hunt for a bigger ride but we have to consider everything.
here you can also see weekly map on chart, to clarify what a weekly map is I gotta say it marks highs and lows of each week and lets just say price likes to go back to these levels. considering that, I have marked all the supports that price might pay a visit with red lines which are 3884,3679 and 3369.
I'd like to see some strong bull candles on support zones, and I have two possible scenarios on this chart which are also drawn on the chart.
and my first target would be 4460.
I'm writing about most of crypto currencies;
Follow me on TRADINGview so you wouldnt miss out any updates.
Like if you think this was helpful and let me know on the comment section below.
* This is not a financial advice, use the idea with your own strategy and risk management *
$MANA - META Boom$MANA is looking very strong and as we continue to see further investment and speculation around the Metaverse Decentraland will only gain in popularity in the near-term!
Technically we see these technical support and resistance levels which we will bounce off off to the upside - Who is with me?
USDZAR big move incoming !Hello everyone, I hope you all doing well.
I've been watching this pair for months now, it has respected technical price action very well so far, we had this huge heads and shoulders formation ( shown on chart ) in which we broke out yesterday successfully, I believe once we got here there is no going back.
* This is not a financial advice, use the idea with your own strategy and risk management *
I personally like this very much. check it out for yourself ;)
I'm also writing about most of crypto currencies;
Follow me on TRADINGview so you wouldnt miss out any updates.
Like if you think this was helpful and let me know on the comment section below.
* This is not a financial advice, use the idea with your own strategy and risk management *
SAND in danger !Hello traders, welcome back.
* This is not a financial advice, use the idea with your own strategy and risk management *
I published an analysis on Sand few days ago, explaining what has happened and what is probably going to happen, you can read it here :
anyways, I explained that we would probably hit ATH once again, as we did so, its time to decide;
Currently price is forming a doji candle stick on daily chart and an engulfing bar on 4h chart, for daily we need confirmation of todays close and tomorrow.
but as we hit ath we might form a double top which is a bearish pattern.
I wouldn't recommend any buy or sell order here, all I wanted to warn is that this thing might go down so save some profit and put your sl on breakeven to prevent from any loss.
* This is not a financial advice, use the idea with your own strategy and risk management *
I'm writing about most of crypto currencies;
Follow me on TRADINGview so you wouldnt miss out any updates.
Like if you think this was helpful and let me know on the comment section below.
Cardano ( ADA ) 4h chart analysisHello traders, I hope you guys doing well.
* This is not a financial advice, use the idea with your own strategy and risk management *
Cardano been in a downtrend for so long and lets say last few weeks weren't its best days. Cardano has strong fundamentals and is a good project so Im willing to see some good moves from it.
as you can see we made a new low today, near 2 weeks ago low, we are currently on a support zone, this zone has been acting really strong so far. I believe we should start moving toward higher prices soon and we should breakout of channel eventually.
* This is not a financial advice, use the idea with your own strategy and risk management *
I'm writing about most of crypto currencies;
Follow me on TRADINGview so you wouldnt miss out any updates.
Like if you think this was helpful and let me know on the comment section below.
Shiba inu Flag Pattern (continuation pattern)Shiba inu is forming once again a flag pattern and it's about to be complete. Once the upper line of the triangle clearly broken, their will be a high probability chance for it to reaching 0.0002 levels. But if it closes under 0.000045 this analysis won't take effect.
ADA buyLooks like a strong buy on ADA. Just broke out of a downtrend and looks like it's retesting the support area again. Also, BTC recently had all-time highs but quickly dropped. So after BTC recovers and will keep pushing up, I believe that ADA should reach a 3.5$ area quite quickly. My prediction: 3.5 USD until 2022-01-30 (about 70% gain from current price).
Not financial advice.
Zilliqa daily chart analysisHey everyone, I wanted to share Zil technical analysis with you for a while, couldnt find a chance.
it seems pretty bullish to me.
We have been making two rounding bottoms, we also had a cup and handle formation, and we are currently at the bottom of an uptrend channel.
Take profits are marked with red line on chart but Im writing them down again :
Tp1 : 0.13659
Tp2 : 0.15557
Tp3 : 0.20670
Enjoy !
Comment your opinion bellow.
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GRTUSDT technical analysisHello everyone, lets quickly get into GRT analysis.
it has been shaping two rounding bottoms for a long term, we have had a good run from bottom to major resistance ( black line ) on top ( which is about 80% up ) and it was kind of a cup and handle pattern. I believe as we reached on top of the black line resistance, we have now a lot higher to go.
we are currently under 1.32 resistance which I believe will break soon, and after that my tps would be:
TP1 : 1.52
TP2 : 1.75
TP3 : 2.21
TP4 : ATH
Remember, its just an analysis use it in your own strategic ways.
Good luck everyone and have profitable trades.