ETH/USD: Break-Out!!!Ethereum forming this beautiful ascending triangle and today Ethereum made a break out above of the key resistance around of $3,320 USD. Now, in the next hours we hope a pull back to entry to long position in Ethereum like watching in H4 timeframe for the entry to long.
More udpate soon!!!
Trendanalysisexplained
BNB/USD: simetric triangle;break outBinance Coin break out this simetric triangle and formed a possible nice correction to short BNB toward $424 USD. Maybe, it's a good idea to short cryptocurrencies.
I hope this scenario in Daily timeframe. as you look, we closed up with a bearish candlestick, this it's a clear correction in this cryptocurrency and investor want to leading BNB down to find up best zone to buy. For that, you must to prepare to open up short.
I put my sell order limit at $467 USD and SL at $487 and target at $424. This it's a risk/benefit: 1:2. It's a good proportion to get nice profit.
***This it's my update today*** And for that, I find up this nice short position in BNB
BNB/USD: Bullish Rising WedgeBinance Coin it's forming a bullish rising wedge. Now, this it's my overview. Remember that I made an entry in the $494 USD on Aug, 25, 2021 and I hold this position during some days. Now you can to buy Binance Coin at $478 USD as BNB forming this bullish rising wedge.
Now, remember, I'm in long position in Bitcoin and Binance Coin!!!
ADA/USD: Double hammer candlestick; price action analysisIn this overview. Cardano it's into this simetric triangle in H4 timeframe. Now, I do not entry in this trade as I'm entry in Bitcoin now and I keep my Binance Coin position to long position toward $1,000 USD. But if you want to know this information or just take a trade. Now, I can to get you a good counsel. You can to buy now, put the SL at $2.67 USD and target at $3.36 USD. if you apply it, you can to get a risk/benefit: 1:3. It's excellent proportion to buy Cardano if you want or you can to buy Bitcoin to long position. But as I mentioned, I'm in 2 trades and not more in Bitcoin and Binance Coin to longs.
Good luck if you buy ADA/USD to long position
BTC/USD: Shoulder Head ShoulderBitcoin it's in the process formation of the next Shoulder Head Shoulder (Inverted). This it's a bullish pattern.
So, I entry in long position from $48,600 USD approximately, I put the SL at $46,500 USD and target at $54,000 USD. This it's a risk/benefit 1:2. It's a good place to buy.
XRP Dominance could be bullish soon!!!XRP Dominance it's look with some signal that could to change the trend as it's touch the EMA 200 in 2 occasion and that could be the beginning of the bull rally.
I love this cryptocurrency and it's one of the top best cryptocurrency that I consider. So, As XRP Dominance it's look with bullish perspective. We can to have 2 options to hold XRP to long term or make a trading opportunity in based in this indicator.
In the monthly, XRP it's look any of bullish signal. But I don't thinking that XRP will overpass Cardano as Cardano it's more stronger than XRP. But yes, XRP it's bullish and more stronger of any cryptocurrencies like Tether or Binance Coin.
Now, I look this perspective that XRP could to reach the 4th largest cryptocurrency by coin market cap soon and being into the top best 5 cryptocurrencies. I'm bullish in XRP dominance, but we could to hope a little more if we thinking to change for XRP!!!
ADA/USD: Break Out; rising wedgeCardano forming a bullish rising wedge and make correction toward the level $2.50 USD as I hope. But I do not entry in this position becuase as I closed up my long posiiton with 34% of earns. Now, as Cardano forming this chartist pattern, I hope to continue heading to break out the mark of $3 dollar,
ETH/USD: Ascending triangle Ethereum it's find up an ascending triangle that it's considered a bullish continuation. So, during the past days, Ethereum was consolidated until now around the zone $3,000-$3,300 USD. So, in my next trade, I just hope that Ethereum make a break out in the resistance of $3,320 USD and make a pull back in H4 timeframe and then, entry to long posiiton toward $3,800 USD. This it's one of the beautiful trade next up.
XRP it's leading to $3.62 USD soonMy weekly perspective!!!
It's beautiful.
As today I sold my 10,087 XRP for Cardano coins and I hold 13,867 ADA coins + 1,788 ADA in profit in my trading app. So, I thinking one thing now!!! XRP explosion will be so volatile. And this way, this could to put XRP so fast to reach the $3.62 USD inminent!!! If XRP it's the next cryptocurrency to pumping!!! Now, XRP will leading to the bull market. Now, another data that we would to know it's the XRP Dominance & XRP Market Cap. Because they are exploding now!!! The only what I thinking it's to sell all my Cardano to get XRP for this smart exit strategy!!! But, now, I will going to analyze it very well, becuase Cardano it's pumping too.
ADA/USD: BullS are defending the $1.90 USDSo, bulls are defending the $1.90 USD zone, that it's a important support in the 0.618% of Fibonacci. Now, I look that Cardano could to continue up, today we have a bullish reversal, that it's a bull pattern. For that, I'm bullish in Cardano now.
So, in the past 3 hours, I put a long position at $2.06 USD, with the SL at $1.80 USD and my target will be $2.80 USD. Also, you can to large your target until $3 dollar, but I prefer to be conservative to take earnings.
Now, you can to buy Cardano sport now in your trading app if you don't buy Cardano yet.
Now, this timeframe it's very important to know in the next 4 hours to know if the H12 Candlestick or half day will closed up with a bullish signal, if that happen, Cardano could to continue up in short term. but I want to look this timeframe to look how the H12 Candlestick will closed up today.
BTC/USD: descending triangleIn this timeframe, there's a sell inminent in the Bitcoin price that we would need to hope and using the H2 timeframe to analyze better and entry in favor in this timeframe.
This it's the H8 timeframe that you can to see better this timeframe!!!
So, I predict that Bitcoin it's clearfully bearish and we could to drop 7% approximatey toward the best level of $42k to buy!!!
So, the sight it's look bearish in cryptocurrency for now. But remember, as we climbing in the past days, Bitcoin need to form short cycle to retrocement and then, climb with more impulse and power.
So, still alert. And also, My Chainlink long position was cosed up manually as bearish candlestick in H4 timeframe it's show us sell now and then, this it's so consequence that cryptocurrency need to find down best buy zones.
If you like this analysis, you can to view my recently Daily Analyss perspective in my Bitcoin forecast below!!!!
BTC/USD: Possible Double Top; sell?I considered the market neutral, But there's bearish signal that Bitcoin could to make any correction This it's the Double Top, this it's a bearish pattern. Now, Bitcoin it's into this bulish channel that you can to see better in H4 and H2 timeframe. But, now the popular indicator MACD it's give us a warning that Bitcoin could to be weakness and we could to drop to $42,000 USD to find down best buy zone!!!
You can to look the H4 timeframe!!!
Now, I hope this scenario based in Daily analysis, depending how the Daily candlestick will closed up in 3 hours more, we could to get information more precise if Bitcoin it's leading now to correction.
So, there's not any bullish or bearish signal until now. For that, it's important to look. Now in case of Chainlink, I'm in long position as Chainlink climbed the price today until $30 USD. But, I have a SL set for this if market going to be correction.
XRP Dominance will shocking your mind!!!Guys, be alert in this giant cryptocurrency. XRP continue exploding the price so incredible and their dominance climb 3% now, it's so near that XRP will be the next cryptocurrency to run the market cap so sorprendent!!! XRP it's a cryptocurrency monster!!!
So, we see that XRP break up this bullish rising wedge and it's so clearfully that XRP trend could be bullish, and that impact in their ratios in Bitcoin and Ethereum against with XRP. So, XRP could to reach a Dominance of 7.47%. It;s incredible if that happen and XRP will run x2 than Cardano do.
Now, we looking the monthly timeframe and it's appear that XRP it's going to change the trend to bullish. this it's a clearfully signal that if this month XRP will closed up this candlestick with bullish signal, so, in the next months, XRP will create an exaggerated volatile movement that could to beat the rest of cryptocurrency. For that, big eyes in this cryptocurrency monster that could to beat the another cryptocurrencies included Cardano, I do not have any doubt that XRP will overtake Cardano and take the place #3 as the 3rd biggest cryptocurrency, that could be to happen with XRP if XRP beat Tether and Binance Coin, and next up Cardano.
For that, I'm bullish in this cryptocurrency!!! Now, I thinking to sell just 5,000 ADA to bought XRP coins like 9,000 XRP and hold this cryptocurrency, becuase XRP could to make a higher price than Cardano, and maybe, I can to accumulate more Cardano so near of 20,000 ADA.
ADA/BTC & ADA/ETH=bullish signal!!!In these chart, I want to discuss Cardano/Bitcoin ratio & Cardano/Ethereum ratio. They're bullish. That mean that Cardano it's takeover power in front of Bitcoin and Ethereum.
1. ADA/BTC:
Cardano it's look extremely bullish in front of Bitcoin. We see a bullish rising wedge and my next forecast it's that Cardano it's leading to reach 0.000068 BTC. Now, this it's an example: If you hold 1,000 ADA, So, and if you want to get profit in Bitcoin ratio, your profit will be 0.068 BTC. It's nice if you hold Cardano. In my case, I hold 14,414 ADA, If I decide to sell my 14,414 ADA in Bitcoin, my profit in Bitcoin ratio will be 0.98 BTC. This it's so incredible and 0.98 BTC it's so near of 1 BTC in my profit. Incredible!!!
2. ADA/ETH:
cARDANO It's look bullish too in front of Ethereum. We see a simetric triangle and my next forecast it's that Cardano it's leading to reach 0.0013 ETH. Now, this it's an example: If yo hold 2,000 ADA, So, and if you want to get profit in Ethereum ratio, your profit will be 2.60 ETH. It's very nice if you hold Cardano and if you planning in Ethereum. In my case, as I hold 14,414 ADA. If I decide to sell my 14,414 ADA in Ethereum, my profit in Ethereum ratio will be 18.73 ETH. So, 18.73 ETH it's incredible holding Ethereum too. And also, applying the reversal strategy of ETH/BTC or knowed like Ethereum/Bitcoin ratio. You can to use your 18.73 ETH and hold until reach like 0.14 BTC for each 1 Ethereum that you accumulating. For example: If I planning to sell my 18.73 ETH in Bitcoin at 0.14 BTC. So, my profit in Bitcoin will be 2.62 BTC. So 2.62 Bitcoin it's really brilliant.
So guys, this it's very educative content that it's support you a lot. Also, I'm accumulating Cardano coins in my trading app that I use and one of my goal it's to reach a minimum 17,000 ADA, This it's my next up plan to accumulate Cardano during this rally until I decide when to sell Cardano in front of ratios that I know. Right now, my worth in Cardano in Bitcoin it's around of 0.66 BTC coins and in Ethereum it's around of 9.51 ETH coins
Cardano Dominance it's leading to reach 5%Waoh, Cardano Dominance it's look extremely bullish. For that, Cardano it's surge now in this bull rally. For that, if you want to know this information, you will need to study the analytical data to find up the best opportunity to invest in this cryptocurrency. So, I see that in weekly timeframe, Cardano it's leading to reach the 5% of their dominance.
And also guys, looking from far away, I believe that Cardano will be the best cryptocurrency in all the time since Ethereum it's became the best cryptocurrency from past 3 years ago. That Ethereum just worth less of $20 USD and reach that bull rally $1,000 USD per Ethereum coin. And in this time, a lot people who invest in Ethereum on 2016, this people get a high performance and much of they became millionaire for Ethereum. Just if you bought 1,000 Ethereum coins. Now, if Cardano it's the next Ethereum. So, Cardano could to overtake the best performance of all cryptocurrencies and if that happen, Cardano could to make a market cap equal or over than Ethereum market cap. For that, this data will be important to know. Now, Cardano reach the top #3 and beat Binance Coin and Cadano jump from the top #4 to top #3. Now, Cardano it's the 3rd biggest cryptocurrency by market cap. Now, Cardano entry into the top best 3 cryptocurrencies. At the moment, the top best 3 cryptocurrencies are Bitcoin, Ethereum and Cardano. That it's exciting me a lot. And also, now Cardano and Ethereum are big monster cryptocurrencies and big giants, and they so similar cryptocurrencies with strong fundamentals key. For that, Ethereum and Cardano are so stronger cryptocurrencies in the market cap. I can;t to imagine that if people buy a lot Cardano coins like me, we can to become a Millionaire for Cardano depending how much Cardano coins do you hold?
And look this monthly timeframe, looking from far away. Cardano Dominance it's around of 3.61%. I predict that Cardano Dominance will continue climbing in the next months until reach 10% of their dominance, and 105 of Cardano Dominance it's put this cryptocurrency into the top hot and best cryptocurrency that Cardano keep above of the tops best 3 cryptocurrency by market cap. For that, I will enfocous 100% in Cardano. Now, if we talking about XRP, So, XRP it's another big giant cryptocurrency in my radar, but Cardano it's showing us that it's more stronger than XRP.
Now, but yes, XRP could to entry in the top 5 best cryptocurrencies in the market cap, but I believe that XRP ill not overpass Cardano to take the top #3. But yes, XRP it's so competitive cryptocurrency. And XRP could to leading to the top #4 as the 4th best cryptocurrency. But more later, I will going to talk about of XRP, because I have a plan in this cryptocurrency if I look that XRP will increase their market cap and dominance togethers.