TERM
Bitcoin, wait for the pull back to the resistance and longThere are still many uncertainty in the market. Therefore I think the market will have a sudden plunge to the resistance line to wash away retail investors and start a new bear market rally. If the CPI data is still In line with expectations or bad than expectations (lower CPI means lower Inflation), then we might see a very strong rally for cryptocurrency market.
SHIBA INU is gaining momentum, patience is the key Since SHIB is one of the famous MEME coins, many retail investors tend to invest in it. So the whales behind it keep clearing those paper hands before driving up the price. When SHIB is pumping, its large green candle may ignore any resistance and keep pumping for a few days due to the hype. Therefore, SHIB's strategy would be to buy at every resistance line (price shown in the chart) and hold for the next bull run. Holding SHIB requires a lot of patience. After buying, just ignore the price and you might see a huge gain in your account during the next bull run.
Bitcoin: golden goose says no need to be upsetJust another one view at BTCUSD long-term run.
All you need to understand why I think so is to take a look at the chart and think that this market is a business. No one is going to kill the golden goose.
Wait, go through the depression, wait a bit more and take a ride while the market will go as it should go.
Whales buying. This is what to expect from the crypto market.So, with the break of the bullish channel, we saw a heavy dip in price into the 40000 dollar zone and then an instant bounce up, Which was expected since the whales started to exit the market (Dec 1st), USDT.D Exploded after being in consolidation for a long time (Dec 3rd) and Bitcoin after around a day of consolidation and price compression (Dec 3rd), exploded to the down side and broke the bullish channel,
Now that the whales are entering he market and buying BTC Heavily,
These are the routes that price can take from most likely to least likely
1- Price Tests 40k Demand area, and goes up from there and breaks the 52k Supply area and continues to rise to the last ATH
2- Price Tests 52k Supply area, Fails, Then breaks Below the 40k demand area and goes down to 29-30k Demand area, and has a bounce up back from there
3- Price Tests 52k Supply area, Fails, Then breaks Below the 40k demand area and goes down to 29-30k Demand area, Breaks it, And goes down to 20-19k (Practically impossible)
Since we are in a long term sideways trend, And long term sideways trends don't really have a tendency to break, We have to see what happens, Scenario 1 is still the most likely, But the behaviour of whales should be checked upon periodically.
this is interesting what I see….If 17500 area is the bottom then should be able to hold and accumulate should bulls up sideways and sky rocket to break the resistance
But it is still in a good buy position; if you don’t like where it is now and will drop more then wait for 10k; the lower the price goes in range, the higher the price will go.
Choose wisely and good luck; crypto crash is coming also the merge.. so becareful where you buy.
It’s your chance this year to be a millionaire, trillionare , billionaire.
CADJPY ASCENDING TRIANGLE BREAKOUTpair: CADJPY
Timeframe: 1D , 4H
Analysis: Round number level, trend line, volume profile, support and resistance, ascending triangle pattern
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Key Takeaway: seen alot of consolidation for this pair and alot of fakeouts from resistance, we are hoping for a push through this level to see a bullish swing that we can take advantage of
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Level needed: need a close by 105.915
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Trade: Long
RISK:REWARD 1:6
SL: 14
TP: 155
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
$APE Forming AB=CD Harmonic PatternAB=CD is a reversal pattern that helps you identify when the price is about to change direction AB=CD pattern is a four point harmonic pattern which may be considered the developmental basis for other harmonic patterns. A-B leg when a market is trending upwards, the first leg (A-B) is formed as the price rises/fall from A to B.
DXY - Head & Shoulder formatonAre you going to see a downside to DXY?
I see a clear H&S on a daily / Weekly timeframe. If that is about to happen, we should see $DXY down to 101 where EMA 200 is now.
I got into a Long position for $EURUSD pair , with a low amount of money until I see that right shoulder complete.
Not financial advise, just an idea.
P.S. This might affect $BTC as well. When DXY goes down, normally $BTC goes up.
Be careful.
DAX DE40 intraday SHORTWe expect correction after London opening and then looking forward for SHORTs. Out TP is 12850! Have a great day
We are at the bottom. Hello fellow traders.
We have now reached the bottom of the RSI triangle, although we might have another touch and go, technically speaking this is the bottom. Will it extend to 14k or 17k, before we bounce up to 25k levels, doesn't really matter if we look at the macro. Low leverage trading is key when trying to find the bottom. It is always possible to compound buys to average a good bottom position for the long term.
Other than this, I'll keep it simple, this is a really long term projection and take it as such, just a projection.
May the fractals be with you!
-B
BITCOIN PUMP TO 27K!!!!🚀🚀🚀As u can see it has formed a double bottom at its strong support level that has been resulted after the dump, this exact same thing happened before the pump that happened earlier from 42K to all the way up to 69K and no wonder history is repeating itself.
Long Position Trade :
Entry Price - 22,000
Take Profit - 27,000
Stop Loss - 25,561
⚠️NOT A FINANCIAL ADVICE