Total Crypto Market Capitalization Things are getting fun and exciting. The gift that keeps on Giving...Inflation... Crypto is the Solution... Steady she goes mate...
Tradingstrategies
ETH price predictionIn log chart, it broke the bullish trendline to the downside and also completed the pullback to the trendline. As I shared with you before, Fib. 0.382 level would be the first support. If it cannot hold it, then WRL would be the next support level. However, I personally think if the price drops below the Fib. 0.5, it is the first sign of bear market for ETH.
But in linear chart format, WRH level is coincide with the bullish trendline and would be a good support. Breaking these two support would lead to testing the Fib. 382 level.
BITCOIN SHORT TERM SHORT MOVEMENTSo it's fully clear for everyone 52k to 54k acting as resistance right now and market in heavy fear zone. We have to flip this resistance zone to start our bullish journey towards 100k. now major support below 42k and 40k if BTC holds this we will try to break resistance one more time.
TLMUSDT - Broke and retested BYBIT:TLMUSDT
1H trend chart
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TLM has broken a symmetrical triangle out, then retested it and got support from the downtrend line.
Therefore, we can buy it with trading strategy as below.
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Profit Targets:
a) 0.2796----Fib(1)
b) 0.29595~0.3025----Fib(1.272~1.382)
c) 0.3096----Fib(1.618)
Stop losses:
a) 0.25480-----Red horizontal ray
b) 0.2392-----Red horizontal ray
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Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
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FTMUSDT - Bullish flag is breaking out?BYBIT:FTMUSDT
1H trend chart
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FTM is getting rid of this descending tunnel so far.
If price can stand above here, trading strategy as below.
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Profit Targets:
a) 1.719----Fib(1)
b) 1.8205~1.8620----Fib(1.272~1.382)
c) 1.95----Fib(1.618)
d) 2.093----Fib(2)
Stop losses:
a) 1.5330-----Red horizontal ray
b) 1.5055-----Red horizontal ray
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If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
AVAXUSDT - Buy it with TP/SLBYBIT:AVAXUSDT
1H trend chart
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AVAX has broken out the descending wedge, so it's a nice timing for long
Our trading strategy as below.
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Profit Targets:
a) 96.53----Fib(1)
b) 101.879~104.030----Fib(1.272~1.382)
c) 108.665----Fib(1.618)
d) 116.165----Fib(2)
Stop losses:
a) 88.365-----Red horizontal ray
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If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
ILVUSDT - Good timing to buy?BYBIT:ILVUSDT
1H trend chart
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ILV is building a possible cup and handle pattern.
If price can break out the upper downtrend line, trading strategy as below.
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Profit Targets:
a) 1387.8----Fib(1)
b) 1434.9~1453.9----Fib(1.272~1.382)
c) 1494.8----Fib(1.618)
Stop losses:
a) 1300.1-----Red horizontal ray
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If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
THETAUSDT - your turn to break it out?BYBIT:THETAUSDT
1H trend chart
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THETA is going to take out its downtrend line on 1H
If price can break it out without long upper shadow line, trading strategy as below.
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Profit Targets:
a) 5.236----Fib(1)
b) 5.531~5.650----Fib(1.272~1.382)
c) 5.905----Fib(1.618)
d) 6.349----Fib(2)
Stop losses:
a) 4.660-----Red horizontal ray
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If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
DOTUSDT - Buying timingBYBIT:DOTUSDT
1H trend chart
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DOT is building an inverse head and shoulder pattern.
Here is a nice entry timing, but it'll be better when price takes out 29.215
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Profit Targets:
a) 30.40~30.880----Fib(1.272~1.382)
b) 31.4----Fib(1.5)
c) 33.58----Fib(2)
Stop losses:
a) 28.015-----Red horizontal ray
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If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
ETHUSD - Buying timing and TP/SLBYBIT:ETHUSD
1D trend chart
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ETH keeps consolidating around the support area we mentioned before.
Recently it fell and hit some key points as below.
1. trend line from Cup and Handle pattern
2. 144 and 169ema
After this strong pullback, ETH goes back to support zone quickly, and now it even shows a closure candle above 12ema on Day chart(blue arrow).
Therefore, the condition of Vegas tunnel trading strategy was met.
Moreover, due to the resistance accumulated around 4600~4800, I suggest you take some profit at our TP from Vegas entry
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Profit Targets:
a) 4791.45----Blue horizontal ray
Stop losses:
a) 3367.95-----Red horizontal ray
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If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
BTCUSDT updateThis is what I'm thinking as a possible scenario for BTC over the next few weeks.
Study the chart
BTCUSDT updateIt is so probable to retest the $40k area once more.
If it cannot hold this area this time, we can say the bear market is here.
Also, for seeing higher prices, we need to see the bearish trendline on RSI breaks to the upside. till then, no reversal should be expected.
BTC - Bear is coming or Bull is ready?BINANCE:BTCUSDT
1D trend chart
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BTC hasn't gotten bull momentum recently compared with ETH.
And instead, it showed a rapid pullback yesterday as ETH and alts.
While this crypto market faces severe correction, lots people get fear and smell it like bear.
But if we judge it with TA, can see that it fell until touched the uptrend line, also the 144/169emam, means a reasonable support here so far.
It's a good correction if the bull continuation is gonna keep moving.
Next, we need to observe if the price can rally back to 12ema in near future or not, it's a great buying timing after correction.
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Trading Strategy
Profit targets:
a) 59393~61999----Fib(1.272~1.382)--->Already Hit!
b) 67590----Fib(1.618)--->Already Hit!
c) 76640----Fib(2)
Anyway, never forget to control your risk
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If you like this analysis, smash the "like button" and leave a comment below to share your thousghts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
BTCUSDT updateI talked about this channel and the pattern for a few weeks and as can be seen, prices follow the pattern perfectly. Also, it broke the channel to the downside.
Personally, I'm looking for a bounce to $60 to $62k area to close a few positions I have at breakeven and think more about short trade opportunities.
SUSHI; The most bullish chart nowThis is one of the most bullish charts now.
I put my orders in the trading zone.
HBARUSDT- Broke out this resistance line currentlyBYBIT:HBARUSDT
4H trend chart
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HBAR broke through the downtrend line so far on 4H chart.
If price can keep around here, trading strategy as below.
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Profit Targets:
a) 0.3891----Fib(0.5)
b) 0.41----Fib(0.618)
c) 0.478----Fib(1)
Stop losses:
a) 0.3412-----Red horizontal ray
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If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
