Best entry point? Key support tested! 27.02.23What happens when a "falling wedge" pattern meets a long-term support line and they both bump into a potential Elon Musk takeover by Twitter?
"Falling wedge" is a bullish reversal pattern. 0.85 is key resistance to pass for breakout up, confirming much further upside above.
Support line goes back to October 2022 and confirms higher lows.
Dogecoin is a POW coin (proof of work) and is mined similar to Bitcoin, no pulling the rug here.
Dirt cheap, great upside, exciting stuff.
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I encourage you to do your own research and practice caution when trading, especially leveraged products.
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Tothemoon
LINK Hello, this is a swinger trader STUKOVA!
On the 6H timeframe we can see a nice up trend. I expect to see the 4th touch of the trend line on my personal red indicator + EMA and then I can decide if I enter a pullback or if I wait to see a breakout. I trade with the trend lines so for me it's crucial to see the real trend and to enter a trade as early as possible!
Where is BTC headed following the latest pump? (Part 2)As you will see, as of now, we bounced back from the first pullback and we are now on track to (hopefully) achieve TP2 ($23,512) and eventually TP3 ($23,952).
Nevertheless, the latest move down to $22,595 (and consequent reversal) has unfolded further key support and resistance zones within the original fibonacci retracement.
The good news is that Bitcoin price has already retraced to the fibonacci gold zone and now is in uptrend, suggesting further target prices for those of you that haven't had a chance to enter this long yet.
Further trades within a shorter time frame (perhaps 5m)
Fibonacci gold zone: between $22,950 and $22,858
Enter around $23,042
TP 1= $23,340
TP 2= $23,512
TP 3= $23,637
TP 4= $23,821
TP 5= $23,951
SL= $22,561
SHIBAINU UPSIDE POTENTIALSHIBUSDT has put price over HTF Resistance. These huge price moves show that their is great buyer sentiment. Price has not broken any structures that would put it in a downtrent. Better yet peice is currently making a pull back on the H4 chart. Should it go into the demand zone. i would use that and the fibonacci with confluence from confirmation candles to take a position on the long side of this trade.
LTCHello from the hamster cage! =))
The new stable - BTC prompted me to return to scalping these weeks, total: 10% to the deposit within 1 week. Either there are no nerve cells left, or I am confident in my trading system, but my emotions have become much less.
LTC has completed the 4th wave of growth, now we are forming wave 5.
There is also a zone of imbalance and SMMA playing the role of resistance on 3D timeframe.
Besides I expect to see a classic bearish divergence when the wave 5 is formed.
I will start taking some short positions in the red zone.
At the moment I am considering longs when the price comes to 73.47, 71.97, 70.46
Happy New Year everyone! This year, I promise myself to diligently keep a diary of situations and finally get into YouTube. I want to do reviews on trading, but I can’t decide in which language: English or Korean =(
What do you promise yourself in the new year?
BTC Bullish 0.42 to1.35% 12 3 2022If you love the spot-on analysis done so far, please boost, share, comment, and follow for more.
BTC oversold was confirmed at around $16,968. Similar to the previous analysis, this confirmation was reinforced by BTC 3-minute and 5 minutes charts. We needed 4 candle confirmations above the white MA and yellow MA
on the 3 minutes charts and 2 candle confirmations above the white and yellow MA on the 5 minutes chart. Disclaimer: a second non-public chart layout was used to officially confirm this oversold point.
Safe points to take profit:
T1: 0.42%
T2: 0.69%
T3: 1.35%
Baseline Information:
The strategy used for this analysis takes into account the following factors:
Timeframe: 3min and 5 min
Symbols: BTCUSDT , ETHUSDT , BTCDOWN, and ETHDOWN
Exchange: Binance
Indicators: For obvious reasons, precise indicators names can not be provided, but this analysis makes use of VWAP, moving averages, and Fib charts.
Chart Count: 8
Disclaimer:
The information and publications are not meant to be or constitute financial, investment, trading, or other advice or recommendations.
BTCUSDNot big on trading Crypto as a Derivative. I prefer to HODL Crypto, because long term it smoothes out better and has better returns. Due to the type of volatility I'm expecting, I'm protecting my capital by staying away from currency pairs and futures. Enjoy your Friday, I'll be back after NFP.
SL has been moved into TP
BTC weekly model60-70% like QM shadow. as per liq area. mybe or not have liq grap will determine the direction of the second POI. my trget that btc should not close weekly below 18k fo the model to work. but fakeout likely or maybe until 14-16k(not sure about it). my target if this a retracement should trget the left shoulder high max. could be fakeout until 60k
LOOK AT BITCOIN NOWWe will see BTC reach as low as tp1 at fibo 1 , then wave C = A
The higher expectations in tp2 and tp3 will depend on how much % you close the order, but I will be methodical and have good psychology
Is the bear market over for DIA? $2.388 on the horizon?DIA is one project I've followed for a while now. I did my fundamental analysis and at the same time followed the price closely, making some incredible gains trading intraday.
For those who don't know what DIAdata (DIA) is, it's one of the web3 data oracle projects in the space. You can find more about this project at DIA official website. It's one of the top Chainlink LINK competitors.
A recent analysis I made on DIA shows that the asset could be on its way to $2.388 in the coming weeks to months. It currently trades at $0.397 at the time of publishing this analysis.
On the weekly chart, DIA has formed a descending wedge; in this case, signals a bearish reversal for the DIA asset.
The target is always the top of the wedge which in this case - is $2.388.
Remember, this analysis is based on the weekly time frame and may take weeks to months to finally hit the desired target. There's also a possibility that we make further lows or play sideways before we finally head towards the target.
What's your take on this, I'll like to know your view.
Zinc To The Moon ;-)Watch the Forks!
The long term indication (Weekly) is clearly up.
On the daily chart, price holds exactly at the Centerline/Medianline.
If they can manage to hold this area, and build up a nice position, then I see high chances that price will rocket up even higher than the last High (3)
Let's stalk this market and see if we can hop on the back of the Whales.
P!