BTC/USD: simetric triangle; indecision marketBitcoin forming a simetric triangle in the range between $44k and 41k. There's not any signal if Bitcoin will continue down or make a bull reversal to climb. I will going to out in this par, just that I mark my specific yellow zone in the upside to buy and downside to sell. I put this magnifying glass to look the price action where Bitcoin it's in the live market. Bitcoin price it's around $41,360 USD and it's in the neutral and there're not any signal as I mentioned above.
Now, I'm worrying with EMA 200 because it's like resistance in the price action and bears could dominate this side. So, it's very important to look the Daily Candlestick where in few minutes we could to know the Daily chart information.
This it's just my perspective in the market where in few minutes, I will going to update in my another analysis there.
I hope that this idea will support you.
Trendanalysisexplained
BTC/USD: Weekly OverviewThis it's just my idea, but now, we have 4 weeks bearish in the Bitcoin price, I don't considered that this will be bearish, just could to forming a possible new cycle to this bull run on Bitcoin price. This it's an elliot wave cycle and we could to look that we end the past Elliot Wave Cycle since May 2020 when Bitcoin was worth around of $4,300 USD per coin and this cycle extend the Bitcoin price until near of $64,000 USD per coin on May 2021. Then, we had this correction on May 2021 when Bitcoin crash from $64k to $30k. And now, we end this Elliot Wave retracement ABC. So, right now, Bitcoin could to repeat this same pattern starting from $30,000 USD and we could to look that we could to entry in the new elliot wave cycle. So, right now, we can to be ending in the phase #2. So, if we look for far away, Bitcoin it's considered bullish by long term. But if you want to look for short term.
So guys, if you like this idea, please hand up, share this information with others crypto-enthusiastic.
ADA/ETH: Double bottom + pull backCardano formed a double bottom and right now made a pull back in the necline. So, I consider that Cardano it's bullish in front of Ethereum ratio too.
So, I look that Cardano could reach the worth 0.00012 ETH. This it's interesting to now consider to hold Cardano in front of Ethereum ratio.
In conclusion, Cardano it's look bullish in front of 2 main cryptocurrencies: Bitcoin & Ethereum ratios. I'm bullish in Cardano. But don't worry, becuase I will going to check their dominance in Cardano, Ethereum and Bitcoin too.
ADA/BTC: bullish setup!!!Cardano continue climbing in front of Bitcoin ratio. So, in Daily timeframe ADA worth 0.000055 satoshi. And the trend it's very clear, it's bullish. So, in based the USD, it's bullish too. So, my big advice it's don't make panic, don't sell your ADA, HOLD!!!
Because if you hold at least 1,000 ADA= your worth in Bitcoin actual it's 0.055 BTC, but in the future could to change to 0.1 BTC easily.
Now, I want to share you in long term my 4 targets in Bitcoin to get Bitcoin earns. I use a lot altcoin/Bitcoin in my investment strategy.
You can view now that Cardano could to becoming one of the best cryptocurrency with huge performance.
If you like this analysis, please hand up, share this information with others crypto-enthusiastic, amateur and people who don't understand it. I'm bullish on Cardano with 10,546 ADA in hold!!! And also with 10,039 XRP in hold.
ADA/USD: Break-Out downtrendThis it's my update in H4 timeframe. So, you can to entry to long position in ADA put the market price now, and SL at $2.10 USD. This it's the break out of this downtrend that we formed in these past days, but now, I like more the Daily timeframe as I look a bullish perspective that Cardano will recover levels over $2.30 USD in the next movement. So, I have 2 important resistance that we should to break up. The resistance #1 it's $2.579 USD and resistance #2 it's $2.809 USD. Now, I look that Cardano has a support at $2.178 USD and bulls defend Cardano over $2 USD.
This it's the Daily panoramic. As we closed up yesterday with a bullish candlestick signal. Cardano will run in this rally toward $3 USD and we explode soon.
Now, I found out an interesting trade in Ethereum Classic that in some minutes I wiil going to watch now, Ethereum Classic it's showing us an interesting trade than others cryptocurrencies. But, I make this analysis for you if you want or know the situation of ADA.
XRP it's leading to the super bull rally!!!I want to show you my 4 targets that I consider for XRP.
1. $10 USD
2. $30 USD
3. $100 USD
4. $300 USD
***And also, I consider the target $200 USD for my reservation like a hide targets for everyone.
So, I thinking that XRP has a big potential and XRP has a lot use of cases for the next financial industry. It's a big giant sleeping that people don't consider to hold. Now, I knew the history of XRP where on 2017 became the 2nd best cryptocurrency after of Ethereum. So, Ethereum and XRP was the best cryptocurrencies on 2017. But, now, XRP down to the top #6, but have a lot potential to recover the ranking. But now, I like more XRP as this cryptocurrency could to be more powerful than any cryptocurrency in the top best hot cryptocurrency. I believe that the next financial industry will work for Blockchain technology, and also XRP it's the protagonist in the economy and financial system. One of my big question it's about: Could XRP become the surprise that will shock everyone and beat the rest of cryptocurrency? Remember, I look that XRP has a strong fundamental and work for the global payments in the world into the financial monetary system.
I'm bullish in this cryptocurrency with over 10k XRP in hold!!! But I thinking to pass my Cardano to XRP. My reason it's that XRP it's undervalued and more cheap in my watchlist of cryptocurrency. If I make it, I can to get like a little more of 29k XRP coins.
BTC/USD: Possible bearish rejectionWe look that Bitcoin could to make today a bearish rejection in the first support $42,444 USD. Depending how the Daily candlestick will closed up today, we could to get information if that it's about a bearish rejection and bulls are bought in the key support.
Good luck!!!
ADA/USD: Bullish Rising Wedge!!!Cardano forming a bullish rising wedge!!! This could be a bullish signal that maybe bulls are defending Cardano above of $1.92 USD.
Depending how Cardano will closed up in this timeframe, we could to find up boughts!!! But it's essential to look first in H4 the best zone to buy Cardano in the break out!!!
This it's my own idea and I consider a possible long position to look in the next hours.
And guys, if you like my new design, my background it's blue-green gradient color, my candlestick are red and white and I just use the EMA 200 to define the trend. My strategy was improved and it's more classic and modern!!!
BTC/USD: Bitcoin toward $38,100 USDi'm shorting Bitcoin now as Bitcoin it's look in the bearish trend now!!! I entry around of $42,134 USD and I put my SL at $44,150 USD and also my target toward $38,100 USD.
This it's my Daily timeframe perspective how I look Bitcoin toward in this bearish trend in H4 timeframe.
In the past days, I post an analysis toward the 2 support level to watch in Bitcoin that maybe my idea was clearly as in Daily timeframe Bitcoin its looking with the possible bearish structure.
BTC/USD: Market PerspectiveThis it's just my Bitcoin perspective. So, based in my perspective. Bitcoin find up a strong support in the $46,667 USD. So, I'm still bullish on Bitcoin.
Now, in case if Bitcoin invalided this scenario and to consider a bearish movement, I hope that Bitcoin going below of the 2nd support in the $44.043 USD, if that occur, I will put in alert to a drop in the price. But now, I'm enfocous and I look that it's bullish in H4 timeframe and there's bought around the 1rd support and strong support above of $46,667 USD.
Now, in Daily timeframe there's not information to short or long Bitcoin, but we could to look in H4 that it's still bullish above of this strong support and past bearish channel that we formed. You can to entry in H1 timeframe. But I don't like to trade in H1 timeframe just I use H1 timeframe to trade Forex only, and also H2 timeframe it's vey good for cryptos.
Remember: This it's not my advice, use your technical analysis to create a trading plan widely. And also, I make 167% in this year and I have left of 33% to complete my trading goal of 200% in this year. As I have this strategy to find up 200% yearly and be consistent to find up my goals.
2 support level to watch in BitcoinI update my background and trading strategy. I do not going to use EMA 21 and 50 for cryptocurrencies. I will use EMA 200, applying the support and resistance, because I believe that I'm good identify this basic concepts. And also, I change my RSI and MACD strategy too. I change everyall in my trading day to day to become my trading more advanced and modern.
So, we look in Daily timeframe that there's not a lot volume that BItcoin continue climb. But now, we look one thing. This diagonal resistance that I mark since April 2021 when Bitcoin reach near of $64,000 USD. That it's not neccesary a bearish signal, but as Bitcoin broke up this big diagonal ressitance when after of April 2021 Bitcoin crash toward $30k levels, Bitcoin could to continue in this bull trend. Now, MACD it's look and make a higher lover in the yellow indicator. Now, depending how the Hourly timeframe will move the demand and supply, we could to get more information in these timeframes if we would to short Bitcoin.
But in some minutes, I will going to analyze the H4 timeframe. This it's just my Daily perspective in the market!!!
If you like my new analysis, please hand up and share this analyzis with others traders in cryptocurrencies.
ADA/USD: Short position!!!Cardano it's look bearish in H4 timeframe and also in H2 timeframe. My main enfocous it's in H4 timeframe.
I short Cardano toward $1.90 USD and I put the SL at $2.72 USD. My entry price was around $2.50 USD
Now, the market structure it's becoming more bearish in Cardano and we could to entry to short position now!!!
Good luck!!!
Yesterday, I made an analysis in H1 timeframe and hit my SL, but I believe that in based my trading strategy for this market cryptocurrency. I like to trade in based the H4 timeframe.
Buy this altcoin: IOSTWhat it's IOST?
It'a a itself as an ultra-fast fully decentralized blockchain network and has an ecosystem with its own nodes, wallets and it's based on the next-generation consensus protocal called proof of believability. The proof of believability it's a consensus algorithm to ensure transactions on the network are secure and efficient. It's a Blockchain infrastructure and it's open-source and designed to be secure and scalable.
IOST resolve the biggest challenges on how big companies may not b able to embrace blockchains where customer-facing environment unless they're scalable. IOST has 3 nearest competitors like Ethereum, TRON AND EOS.
1. Ethereum it's the most popular cryptocurrency for smart contracts platform for developer
2. EOS and TRON are highly scalable than Ethereum, but work to create smart contract platform with high usage.
The difference it's that IOST has the unique consensus protocol called Proff of believability and work with its nodes that few Blockchain have to make transactions more secure and efficient and its velocity to process transactions per second.
In my opinion, I find up that this cryptocurrency it's unique, there's not any cryptocurrency with this consensus protocol and clear aims where I think that this cryptocurrency could to be appreciate for crypto-enthusiastic. I decide to move part of my money for this cryptocurrency. But soon, I will post how much IOST coin I will going to buy.
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Now, looking in weekly timeframe, IOST it's look extremely bullish and this cryptocurrency could to explode more fast and early than another cryptocurrencies. This it's a thing that I note.
The monthly timeframe it's look bullish and IOST may to explode soon.
My good counsel if you want to review this cryptocucrrency, you can to find up more information about IOST. This altcoin will explode soon to pick up good benefits. I'm super bullish in IOST and also, as unique cryptocurrency, I decide to invest in this cryptocurrency. Now, I will going to analyze IOST/BTC and IOST/ETH to compare with these main ratios in front of Bitcoin and Ethereum too.
Bitcoin in possible crash!!!In Daily panoramic, I just want to share my idea, becuase the things on cryptocurrency are putting now in risk that crypto-market and the main cryptoucrrency Bitcoin could to down to $30,000 USD again. It's not neccesary a bear market, did you know, this could be a re-accumulation for 2022 or bear market as I said above.
This it's just my idea!!! I'm bearish in Bitcoin!!!
ADA/USD: Big Warning!!! Cardano will drop!!!In the inmediately update, I will going to closed up my long position of yesterday, the H1 timeframe it's look with extremely bearish perspective that put in cryptocurrencies in risk.
So, it's very easily. we are going to shorting cryptocurrency now!!!
So, I put my SL at $2.56 USD and I entry around of $2.39 USD, My profit it's $2 dollar. This it's all. We're going to downtrend now!!!
In exact, to make a notice, I bought XRP too to hold, I do not going to sell any cryptocurrency, Just I keep making trading as I know very well that by long term, cryptoucrrencies will explode and make adoption, early or late.
Good luck!!!
ETH/USD: Possible pull back in the $3,300 USD zoneEthereum was manipulated today as Bitcoin do and drop over 20% today in their price. Now, this was an incredible volatile movement that Ethereum do. We look in the high zone on $3,800 USD that Ethereum forming a simetric triangle and drop, but now, we could to find here a best buy zone that we could to entry to long position in Ethereum in this best place.But not now, now, I will going to be patient to know if the market will move to quiet to take best decision as this movement was so incredible in Ethereum.
This it's my possible forecast in how I look Ethereum to entry to long position in this cryptocurrency!!!
Still pending for this possible long opportunity.
Now, I know that I was in Chainlink and Tezos, So, that was manipulated just I earn in Chainlink 96 ADA and I loss in Tezos 73 ADA. This it's not a difference, that was manipulation.
Bitcoin may to fall!!! BewareToday, Bitcoin drop from $52,300 USD approximately and leave down to $$43,000 USD, and now the price it's around of $46,600 USD. Now, this Daily candlestick drop over 17%, and that it's a large percentage for not consider a bull trend. For that, Bitcoin could to fall and go back to zones of $30k as I mark in weekly timeframe, this candlestick it's very important to know, if Bitcoin continue down in the next days until get the information on Sunday at 12:00 a.m., we could to take deciison if Bitcoin by weekly timeframe will go to down more. But now, the Daily candlestick it's look a bullish rejection and we could to form a second higher looking the price action. Now, I invite you to look down my perspective in weekly timeframe.
This perspective could to happen!!!
Now, I may to say that the market it's not bearish and bullish, it's put the market in neutral as we would needto know the another short timeframes to get best information.
XTZ/USD: UpdateTezos it's bullish!!! I decide to down my target to $8 USD as $12 USD it's so long run up. But $8 dollar it's very well for me!!!
So, I'm enfocous by Daily timeframe and Tezos it's ready to explode in the next weeks to months.
And remember, we're in profit in Chainlink. For that, I have open trades in Chainlink and Tezos. Meanwhile Ethereum make volatile movement that it's not very easy to catch a long posiiton as Ethereum it's becoming very volatile and make movement fast.
Chainlink may to run to $100 USDThis it's just my weekly perspective where Chainlink may to run to $100 USD in couple weeks.
And in this screenshot, it's the monthly timeframe where we could to forming a possible elliot wave analysis where Chainlink could to starting the phase #5 that could to leading to $446 USD in long term. It's interesting investing in Chainlink or make any hold posiiton in this cryptocurrency to earn extraordinary profits in this cryptocurrency.
Now, as I have 133 LINK spot in my trade now!! This it's a good idea that keep this position until $400 USD. i may to get extraordinary Cardano profits in this trade on Chainlink.
I will going to take this idea in my hand to evaluate more and how much chances Chainlink make this bullish movement in the future?
If you like this idea, please hand up, share this information with others crypto-traders or crypto-enthusiastic.
XTZ/USD: UpdateIn this update, I make a long position in Tezos and I decide to keep this posiion toward $12 USD in my exactly point to take huge profits. For that, Tezos has a nice opportunity to keep this position to long as Chainlink do. My SL it's around of$4.69 USD. For that, I will keep this position to hold until touch the $15 USD. This it's a huge potentail profit of 124%.
Now, in Daily timeframe, if we closed up the Daily Candlestick in the next 2.28 hours. We could to conclude if that form a bullish signal, Tezos could to climbing in the next days.
And also, I'd reccomend to watch the monthly timeframe. Because Tezos it's look extremely bullish to run to the way of $12 dollar.
So guys, at the moment, I'm in two trades; Chainlink and Tezos that look with interesting perspective to longs. Now, any change of the trade I may to inform in this media.