Reserve Rights vs Tether Chart Update (125% Potential Profits) We spotted the bottom for RSRUSDT (Reserve Rights) in a previous trade idea, you can see it below:
Reserve Rights Prints Reversal Candles At Support
(March 14, 2022)
There isn't much to add.
We have bullish indicators and the same EMA50 resistance which we looked at on the RSRBTC pair here has already been conquered here...
We are aiming at higher targets...
Much higher, see the chart.
Namaste.
Tether
Siacoin Bullish Bias Remains StrongWe reviewed several Altcoin pairs that went through a similar price action to Siacoin (SCBTC).
We can see an initial break of EMA50, 27-March, followed quickly by a retest of this level, 28/29-March, and it holds...
If the same pattern repeats as with other Altcoins, from this point forward Siacoin can resume its growth.
Of course, we have bullish indicators and bullish signals on this chart.
You can visit the "Related Trade Ideas" below for previous analysis with additional information as well as Siacoin vs Tether (SCUSDT)...
Thanks a lot for your support.
Namaste.
Tether Dominance Update + Previous ChartsI used this char to calculate a peak of around $58,000 for Bitcoin.
(This is only if USDT.D hits MA200)
I also used it to confirm Bitcoins bullish bounce.
USDT.D and BTCUSD have an inverse correlation.
March 1 2022
28 February 2022
Thanks for reading.
Namaste.
XTZ/USDT technical analysis chart (TEZOS) Current technical analysis of XTZ chart let me know if you have any doubts or questions which you can leave in the comments and if you have any criticism towards my chart, would be greatly appreciated!
Red line (2.9) = current strong support
Yellow line (3.8) = current strong resistance
Orange line (4.4) = hard resistance (potentially might bounce down)
Cyan line (5.3) = target selling price strong high resistance
Green line (6) = recommended selling price if still holding unless you think it will reach the top of the ray or even the channel
BINANCE:XTZUSDT
Tether Dominance Long-Term AnalysisWe looked at this index on the short-term, ultra bearish yesterday we said.
Now, I would like to look again at Tether Dominance (USDT.D) but long-term.
Doubt can creep in anytime as the market can always turn...
We can be bullish today and tomorrow everything is red.
But things can go from red to green as well.
We see the Tether Dominance chart as bearish on the long-term... We will get into the details.
EMA10 is working as support on this weekly chart.
EMA10 is at 4.17%.
Last week we have a high wave candle after a lower high.
We also have a lower high long-term compared to June last year... This is very bad when it comes to TA.
I changed my mind... I don't want to go into details anymore.
This thing is bearish and if the inverse correction between BTCUSD and USDT.D continues, then Bitcoin is set to move higher as the Tether Dominance drops.
This is also a famous pattern:
I will do better next time.
Thanks a lot for the support.
Namaste.
Tether Dominance Ultra BearishOne of our readers pointed out the USDT.D (Tether Dominance) chart... It is ultra bearish.
Let's get started.
We have these strongly bearish candles (1):
While prices are now moving below EMA10 (2), we also have a double top (3) and a lower high (4):
The MACD is about to print a bearish cross (5) while the RSI is about to move to weak from strong (6).
These are many bearish signals...
Bitcoin is moving higher (7).
USDT.D and BTCUSD have an inverse correlation.
Taking this into consideration, we can expect Bitcoin to grow some more.
Namaste.
EOS Token Picks Up Bullish Momentum (EW For Beginners)EOS Token (EOSUSDT) is a tricky one...
I remember this pair hitting support and once we buy it goes down and hits a new low...
This happens over and over until we completely give up...
Next thing you know, it starts to grow!
---
We have the highest volume today on EOSUSDT, the highest since early December, it can hit a local peak.
Remember the waves...
As it hits resistance it will retrace or consolidate for a few days.
Once this retracement/consolidation phase is over, then starts a new bullish wave.
Normally the waves develop in a sequence of 5 moves...
3 are upwards (impulses), 2 are downwards (corrective).
:D
Just kidding...
Thank you for reading.
Namaste.
Dogecoin vs Tether Looks like Chainlink (100% Potential Jump!) This chart looks just like LINKUSDT.
We have prices trading above EMA50 after it was tested as support.
Bullish indicators with Dogecoin ready to grow.
You can find the targets/additional details on the chart.
NOTE: I am always mapping 100%, 200%, etc. for the bullish move but it can definitely be much, much higher.
We are grateful with any and all gains so we set conservative targets but the reality is that the Altcoins market tends to move much more stronger than what we share everyday.
You can use these charts as reversal signals...
You can take care of the rest.
This is not financial advice.
This is shared for your learning/entertainment purposes only.
Thanks again for reading.
Namaste.
Chainlink Goes Bullish (Trading Above EMA50 | 35% to 144%)LINKUSDT (Chainlink) moved and closed above EMA50 23-March.
This level was tested as support right away, the next day and now we are seeing green candles above this level.
The RSI is at 60 while this pair just came out of a low...
The MACD is already bullish...
Chainlink vs Tether can also grow.
You can find more details on the chart.
Remember to do your own research before trading.
There is always risk involved.
This is not financial advice.
Namaste.
We Are Still Bullish On Siacoin (SCUSDT)We haven't given up on Siacoin (SCUSDT), in fact, things are looking good as its price remain trading above EMA50, which is always great.
We have a strong RSI and MACD bullish as well.
The Siacoin vs Bitcoin (SCBTC) pair is looking good as well, great 'buy' price.
But we need to be patient... The bullish wave will be massive once it takes place.
Namaste.
MARKET MAKER GAMES HAVE BEGUNLMAO how many long liquidations??? How many investors keep trying to buy when bitcoin has already pumped? It fascinates me the herd mentality. Meanwhile the fear and greed index jumped from 26 to 31 to 40 to 47 which shows the reactive trend of people buying bitcoin now that it shows “growth” on their robinhood accounts…..let’s be real here and understand that $46k is going to take a LOT to break through and hit $52k. Lack of volume….altcoins are showing massive volatility and interest compared to bitcoin. I’m shorting to $30.5K…. Good luck. Market has not priced in any of the bad stuff yet to come.
IDEX vs Tether Update (80% First, Up To 180% Next!)If you read my analysis for IDEXUSDT on the 14-March, you can easily tell that we are still on the same path...
The falling wedge pattern bullish breakout is now fully confirmed, the next resistance is set at 0.16290 or EMA50.
Once this level is taken out, IDEXUSDT can fly up.
It is easy to see ~80% on this chart setup and up to 180%+ if this move turns out to be strong.
It is still early though as we have no volume confirmation...
Thanks a lot for the continued support.
Namaste.
Reef Finance Breaks Downtrend (145% Target Mapped)The purple downtrend line marked on the chart has been broken and now REEFUSDT is ready to grow.
After a bearish wave we get a bullish wave, so we can expect multiple targets to be hit on the way up.
Here I am mapping 145% on the next move but there can be more.
You can find additional targets as well as support levels on the chart.
Namaste.
Could Market Adoption Break 45,000?Weekly Time-frame
We are breaking the double bottom pattern. Price target at $52,194. Seems like we are about to turn the supply area into demand area and make a rally base rally set up. Retest of the supply area and not break it would mean we can get dump to up to $41,574.
1D Time-frame
Greed and Fear index is now in #40 which is still fear. Liquidation reached $120M 68% of it from the short position. Which would mean there is a clear floor to the downside that can start dumping the market again. Ichimoku Cloud is forming a beautiful bullish cloud. We are hoping to break the supply zone at $43,900 If we make it our new base then we can continue to the upside. Retest from the Supply zone would mean we are going down to $41,296, $38,434 bottom $37,000.
4H Time-frame
Strong demand zone is waiting at $41,296. Awesome Oscillator is now turning bearish twin peaks. We can expect that this is the bottom if we print the next volume a red volume.
We will discuss more on the possibility on our Live. Stay tune and check with us!
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Disclaimer: Above Technical Analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
Chromia vs Tether 175% Potential TargetWe now look at Chromia vs Tether (CHRUSDT).
We have the classic and ultra common falling wedge pattern as well as a break above EMA50.
We have one final resistance; the "Immediate resistance".
If this level gets conquered, we can expect an easy 150 to 175% price jump.
This is not financial advice.
The charts are always changing...
Make sure to do your own research before trading.
Have a plan...
Wishing you success, health, wealth & luck.
Namaste.
Potential bull flag pattern 15 min timeframe BTC-USDTThis just in…..whales are buying dips and eating chips….parabolic mode almost activated…Shorting bitcoin is a bad idea for the time being right now. Yes it might retrace back to $35K but will you be patient enough to wait for that to show on the actual price? Technical analysis only goes so far, but our expectations should be positive and hopeful for gains. Not fear of loss.
My entry was @41,500 and i am perfectly fine not being the first one to buy the bottom i needed confirmation of the uptrend, now its paid off nicely! Just going to hold bullish trade until about $44K then reassess.
My theory is once BTC touches the bottom of the bull flag shown it will go parabolic to about $45K
Good luck trade safe, manage risk well.
BTC Update - Rise to $45K……and then????Hello Traders,
This rally feels different. We have to see the numbers to understand that institutions are currently BUYING bitcoin at market order prices….$125 million BTC bought by Terra’s CEO on an exchange platform. Terra also plans to unvest in $15 Billion BTC reserves for peer to peer transaction ecosystem which will undoubtedly reign supreme for the future.
Two possible outcomes.
Scenario 1: We retrace down to $42K as support and consolidate for an upward move to $45K-$47K. If we flip $47K then market is BULLISH AF. Target - $58-$60K possibly higher to $100K !!!!!
Scenario 2: If we hit resistance again at $45K and cannot break after a few retests….Then we will start the move to $40K, then $38K, then $35K which should hold strong. Then we will FORSURE make the biggest parabolic move in history. $100K+
*Worst case scenario…..if we fail to hold lower supports for some reason….the lowest EMA we would potentially hit is around $20K.
I have presented both scenarios to the best of my knowledge and research….please do your own before trying to manage risk! I am not professional just doing this for fun!
Ethereum Name Service Looking Better vs TetherHere we have both pairs growing together for Ethereum Name Service.
ENSBTC and ENSUSDT (Visit the 'Related Trade Ideas' below this post...).
Today we have a break above EMA50 (magenta line on the chart) after a falling wedge pattern.
The targets are mapped on the chart.
Remember to plan ahead.
Buy & wait...
The market will take care of the rest.
Namaste.
Waves 2021 Support Activated (275% Profits Potential)The same level activated in February 2021 on the WAVESUSDT chart is being activated again this year.
Back in 2021, when WAVESUSDT hit the support level marked in light blue, what followed was a strong 440%+ bullish wave.
Right now we have a similar pattern which can lead to nice gains.
See the chart... We are aiming at 88% with up to 275% on the next bullish wave.
This is not financial advice.
Namaste.
BTC - Trendlines are Showing us something…..Looking like BTC has broken down from the rising support, and also rejected the overall bullish resistance line on macro timescale. Tell me this is enough confirmation to switch your money making to bearish mode for a bit? Otherwise you might get overwhelmed by the amount of longs getting liquidated. Trade with the trend - it is your friend. My target for take profit is $37k - $35K - $32K - $30.5K .