TERM
NEARUSDTIt can have a very, very attractive short-term uptrend !!!
We do not have the mindset to see higher prices until the orders in the price range of $ 6.31 - $ 6.51 are fully consumed.
But it seems that the price can be directed from the specified FTB range or MPL range ($ 5.34 -5.40) to higher prices.
Maintaining the $ 5.34 price range is very, very important to me.
Update: Bitcoin entering bear market bottom phaseBitcoin entering bear market bottom phase
This bear market bottom phase with MA Ribbon in red took 308 days in 2014/15 and 147 days in 2018/19.
The Corona panic phase only took 42 days while RSI didn't got below 40.
Please also consider the bottom support line to get an idea how deep BTC can go.
Any comments on this 2 week chart?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
Counter Trend Buy on a weeklyThough the daily had broken up, the pair is set to change direction on the weekly, awaiting to touch Weekly OBs at 1.20842. this trade could go downwards, therefore tight stop. Once confirmed I will post once the green trendline is broken, however there are other confirmation points, then i will post another trade from a lower timeframe.
#longterm
BTC LOGARITHIMIC CHART EXT./RETRACEMENTExtension/Part 2 of my BTC's Logarithmic Chart. Looking at past retracement pattern we see btc retraces 30-40% after every bull market, so if we follow that btc's bottom will be 20k or more, but for that we might need a push back upwards, above the 70k range, around 80k which can be possible if we get a reversal from this current consolidating range, but keeping the macro economic conditions in place a 50% or more retracement is quite possible
BTC ATH prediction revision, MA ATL achived, what to expect?last january 26, i made a long term prediction (rough one), where i expected a price dip and resistance beetween 40 to 50k usd.
i was wrong in part, there is a channeling resistance, but lower 30k. this is a new ATL, but logical, ence it respects a remanaicent resistance.
things look good, btc is gaining .5 a day since the last 2 W.
a new bullish trend ahead? ;)
honestly? i expect the green arrow, and you?
leave a comment, share knowledge! ;)
(BTC-USD) Possible Trend Reversal 2 - (June 22)Patterns from other cycles seem to be repeating themselves today.
After each ATH of each cycle, the price heads towards the blue area where the EMA50 is, making a support.
When it breaks the EMA50, the price goes back to the average in the yellow area but this time it makes the EMA50 as resistance.
Finally, the price fails to break the resistance and finds the SMA200 and stops falling in the blue area, the accumulation area, where historically it was the best zone to buy.
Bitcoin goes back up and hits a new ATH and the cycle repeats.
It worked so far, but several external factors can influence some values, so don't take my analysis for granted
The big orange curveA big support build upon a very large price pattern.
The trend is clear.
Also is possible to see the halvening cycles and how bullruns are more calmed in every cycle.
That means less volatility also. Good for adoption, bad for speculators.
Buy and hold looks to be the wise option.
How Far will Verizon continue to DROP?Technical Analysis on Verizon Communications
Was it the right choice to add more shares to my portfolio?
Fundamentally it makes totally sense for me to own the stock. The numbers speak for themselves.
If we start viewing the stock from a technical point of view, then it's getting interesting and I can understand why many people say they keep their hands off it and wait.
So basically the stock recently took out the massive low that got created in 2020 during the huge sell of in the pandemic. So overall the price continued to be bearish and it will be bearish until we break the recent high.
I view the current pricing as a great opportunity to add more shares to my portfolio as it pays an incredible dividend at the current pricing value.
Hopefully, we can see the bulls getting back in control in the future but until then we are gonna be reactive, not predictive.
I think BSV/Usd is about toexplode. we are very near AT Lows, Great r/r I see Bsv passing ath's easily and we are forming a bullish pattern according to what I've seen at other charts, I call it the "M" pattern, the big upside down "V" price has drawn signals a following impulse that completes the "M" or "W" shape. what do you think?
Amazon $120 - $125 a share!?Amazon has an upcoming stock split of 20:1 bringing the that unaffordable to retailer investor and traders price of $2247 to about $120 - $125. Which is much much more attractive. If you didn't know it should take place on Monday June 6.
AMZN has been in a downtrend since November 2021 with a short-term uptrend since May 24. AMZN recently broke short term and noticed a trading range between 2400 - 2500. My moving averages indicates they're still in a short term uptrend with price trading in the short term and mid term moving averages.
According to AMZN financials and reputation. I say this stock split is great news and most definitely some initiative to buy/hold and/or get a few day trades in.
Why should we buy some LINK ?hello my friends
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if you look at the 02 July 2020 , when link broke up the 5 $ resistance , we had really good bullrun for link.
and almost 1000% gain , from 5 $ to 53 $.
ok , what now ?
we are getting close to 5 $ again and its good support for link.
look at the volume traded from 1 $ to 5 $.
you can wait for testing 5 $ or wait for breaking the trendline , (pointed with yellow arrow)
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for the long term :
the strongest support for now is 5 $. if we lose this support the next one is around 3 $.
the strongest resistance is 12 $
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not financial advice !
please , share your ideas with me
I would like to see what do you think about any cryptocurrency <3
have a great day.