Metaverse ETP (ETPUSD) short.All description on the chart.
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USD-BTC
Ethereum getting weak? Full analysis by ThinkingAntsOk4H CHART EXPLANATION:
In the 4H chart, we observe that price did a Pullback to the broken Descending Trendline, and looks like it is trying to bounce. It can start a little corrective impulse towards the Confluence Zone between the Descending Trendline and the Resistance Zone. However, do not forget that this is just a retracement of the price, the main trend is bearish at this moment as explained on the Daily and Weekly charts below.
MULTI TIMEFRAME ANALYSIS:
-Daily:
-Weekly:
Bearish Trend Comming on NZD/JPY by ThinkingAntsOkDaily Chart Explanation:
Price is clearly consolidating below the Support Zone on the Daily Chart. We consider that the movement is confirmed, however we need to see how the Weekly candle closes, because it will provide important information. The main target in the short term is the 1.618 Fibonacci Extension Level, since there is not a Support Zone in the Short Term. On the Long term, the target is the Weekly Support Zone explained on the Weekly Chart.
Weekly Analysis:
Basic Attention Token (BATUSD) short.All description on the chart.
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Bitcoin Gold (BTGUSD) short.All description on chart.
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BItcoin - Regarding future growthCool the heat of buyers! Everything is very fast and fast. A large number of eliminated short positions, which are recruited from the level of $ 9,800.
The whole set-up in a pair of BTC / USDT in our closed channel
At the level of $ 13,000, it was recommended to reduce the purchase and from $ 9,800, and what was bought for the corrections at $ 12,200. The purchase balance was 20%, later closed with a stop around $ 12,400. Next was a recommendation to buy from $ 12,370 c targets at 13k + and above (it was decided to buy an asset just because the stop was very short - $ 12028, the ratio SL / Profit is more than 1: 3)
Now out of position.
What are we waiting for next? A further decline, an interesting zone will be the level of $ 10,800.
Altcoins
Altcoin situation - it hurts to watch! Not once mentioned that while it is necessary to refrain from shopping. Now the case does not zalazit assets simply because it is cheap. This is the number one mistake for everyone. The concept is expensive or cheap; it simply does not exist on the market.
Short term Analysis of BITCOIN - Technical ONLYAfter a 2018 marked by an all-time high @19,666.00 followed by a plunge of nearly 85%, Bitcoin consolidated in early 2019 before breaking upside in April 2nd. Besides, the bull trend peaked at @13880.00, marking the current high of the year. A pullback was then followed, dragging down the security to @9,600.00 and marking the supply and demand levels. Furthermore, Bitcoin consolidated tighter pressing the supply and demand levels to a smaller range. The crypto confirmed its sideways behaviour, awaiting a sharp move to define either a bull run to upper levels or a rejection to lower points.
Possible Targets: @13,200.00 (+11.4%) or @9,600.00 (-10.8%) if the bear trend is confirmed.
Advice: Stay Bullish and buy any low points while we don't break @10,800.00 bottom level.