WBT (WhiteBIT Token): Bullish Accumulation Looks Very HighWBT (WhiteBIT Token): Bullish Accumulation Looks Very High
After the FTX dumped all of the crypto market we can see the market optimism
for the crypto market is very small.
However, these times are also the perfect times for the long-term investment
that sometimes can turn out also as a short-term investment.
WBT is testing a very low area only because of FTX.
On the other hand, we are looking at a very new TOKEN that considering the history
of the other brokers tends to increase too much in price as their volume grows also with the
broker expansion.
Considering that the price is in the same zone as it was before the big FTX mess I guess that
everyone is looking at this potential bullish move now.
Price is in this area doing up and down for a long period of time.
The accumulation looks very high taking into consideration also the actual price zone.
Also on the 4-hour time frame price looks like it is close to the completion of e "Wedge Pattern"
This pattern could push the price higher again.
I think this should be a perfect time, to start, with the first LONG position.
PS: This is my personal decision and is not trading advice at all as it is in line with my long term trading plan
Thank you and Good Luck!
Whitebit
ETH Is Moving Within a Tight Trading Range! In-Depth AnalysisETHEREUM Is Moving Within a Tight Trading Range! In-Depth Analysis
As I explained yesterday during the Trading View live stream, the price stopped at the BlockFI support zone.
It is very clear that this support near 1154 is very strong and pushed the price back up to the 1216 resistance zone.
This resistance zone is again very important because 1216 can push the price back to 1154 by expanding the correction in this way.
Only a break above 1216 will push the price up again.
Until that moment we are blocked within a tight trading range of 1154 - 1216
Thank you and Good Luck!
ETHEREUM: The price is inside a critical zoneETHEREUM: The price is inside a critical zone
During last week's close, the price suffered a very bad crash.
The current place where the price is currently stopped is not good
at all as it is showing many trading opportunities.
The price still looks very bearish considering that it is still developing within the structure
areas.
All the possible scenarios are shown on the chart.
Thanks and good luck!
WBT (WhiteBIT Token): The Big Bullish Move Should Come SoonWBT (WhiteBIT Token): The Big Bullish Move Should Come Soon
Since when we saw the big crash in the crypto market because of FTX
many cryptocurrencies are waiting for the next move.
As we can see WBT (WhiteBIT Token) is finally showing a very strong
support zone located near $4.1 - $4.8
Price stopped within this area for nearly 1 month.
Chances are very high that as the market sentiment improves
the price should increase significantly considering that the actual price is very
cheap and the token is very new and it is already listed on three different crypto exchanges.
PS: I will begin to add on the long positions now considering that the market is already reaction.
Please plan your trade and trade your plan...this is my trading plan:)
( it is not financial advice at all)
Targets:
🎯 11.00
🎯 14.00
🎯 18.50 extended target
Thank you and Good Luck!
XRP Price Analysis: 0.3700 Appearing To Be a Strong AreaXRP Price Analysis: 0.3700 Appearing To Be a Strong Area
In the previous analysis, the price reached 3 of our targets.
Currently, the price is close to the support zone that offers again
another LONG opportunity for us.
I think the price may rise again because traders found a
reason during this week to trade and they can try a second time again.
The market moved down because of the FOMC, but it could go higher
again as the FOMC will not keep the market forever under pressure.
The only problem is that FTX and hope it will be an old topic soon.
If all is to be well in the crypto industry, the market should recover soon.
Thanks and good luck!
WBT price accumulation and after can be again growthToday we will talk about the prospects of WBT token
We described in detail about the project, its tokenomics, and growth prospects 3 months ago, those who are interested, we invite you to review
At night unlocked 10,8mln coins. And maybe a large portion of coins bought on the presale at a price below $2 was sold. Naturally, when they began to fix x2 profit and sales began, the price shed.
On the other hand, the WBTUSDT price reached the liquidity zone, where 3 months ago it was "densely" bought before the start of sharp x3-x4 growth.
The next unlock of the same portion of coins is in a month on 13.01.2023.
Given the fact that today on 13.12 the US consumer price index will be updated, and tomorrow on 14.12 the Fed will announce a new US Federal Funds rate (forecast +0.5%), the market will be volatile.
You can safely place orders to buy with a grid in the range of $3.60-4.10 and take a medium or long-term position.
Prospects for growth WBT price in our opinion are not bad - it is $11 and 14 dollars in the context of several months.
_____________________
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ETHEREUM: Price May Drop Further To 1170ETHEREUM: Price May Drop Further To 1170
Bitcoin and Ethereum are both experiencing a flash selloff today.
Considering that the price broke down a structure, it means that
the bears are back in the market and Optimism is
not high at all when it comes to cryptocurrencies.
So we can see the price fall further to 1200 and 1170
during these days.
Targets:
🎯 1204
🎯 1168
Thank you and Good Luck!
Bitcoin| Is Bitcoin About To Rise Again?Bitcoin| Is Bitcoin About To Rise Again?
Today bitcoin is rising and it seems that market optimism is very high.
Incremental volume and optimism can be addressed to this new week.
So traders start trading again and
the market is still waiting for a dovish FOMC this time again.
Overall, this is creating a strange volume that is pushing the price higher.
However, as I see it, the first and strongest area of resistance is just around the corner.
Reversal zone 17600 - 18500.
Inside the resistance zone, we can see the price fall again.
Thanks and good luck!
LUNA 2.0: The Support Zone Near 1.500 is Showing StrengthLUNA 2.0: The Support Zone Near 1.500 is Showing Strength
LUNA: A Beautiful Accumulation In a MEME Coin
Luna is testing the lower part of the structure and it is looking
in a very good position.
The structure corresponds also to a very old accumulation zone that can
push the price up again.
Despite the latest specualtions price stopped the crash near 1.4100 and it managed
to rise again.
Targets:
🎯 2.1879
🎯 2.5729
Thank you and Good Luck!
WBT - Potential Bullish Reversal!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on DAILY: Left Chart
WBT is approaching a strong demand zone so we will be looking for buy setups.
on H1: Right Chart
WBT is forming a double bottom but it is not ready to go yet.
Trigger => for the bulls to take over, we need a momentum candle close below the gray neckline.
Meanwhile, until the buy is activated, WBT can still trade lower till the daily demand zone where we will be looking for new buy setups.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
XLM | Stellar | Contracting TriangleXLM | Stellar | Contracting Triangle
Price is creating a contracting triangle and it has to decide where to move
next.
Actually it is testing the lower zone of the pattern and it can rise again
from that point.
If the price will manage to break down the triangle pattern it should move
down further
Targets on the chart!
Thank you and Good Luck!
ZEC (Zcash): Price Continues To Lose VolumeZEC (Zcash): Price Continues To Lose Volume
For a long period of time, the price is developing a well defined
"Descending Channel" Pattern.
The price tried several times to recover but it looks like a desperate move.
Price is still rising and the maximum it can do is to reach the resistance line
and to move down again.
Thank you and Good Luck!
ETHEREUM | 1070 Price Area Again Proved To Be Very StrongETHEREUM | 1070 Price Area Again Proved To Be Very Strong
After the price was tested for the second time, the price zone is located near 1070 we saw a very rapid volume increase.
The price increased by about +8.5% during the last 24 hours.
This indicates that large BUY Orders are positioned near 1070
Our pattern is still valid as long as it is a daily pattern and can continue to develop.
We'll just have to wait and see if the FTX rumors will settle down soon.
After that, the market should recover again.
Thanks and good luck!
ADA / A Bearish Pattern That Could Push it Further To 0.2650ADA / A Bearish Pattern That Could Push it Further To 0.2650
After yesterday's move by BTC that broke through 16k, we can see today
that the entire crypto market is not in a good mood today.
Many strong barriers have already been broken and we can see
many good projects lose more value.
ADA is one of them. The price broke down into a 4-hour triangle
pattern and it may decrease further to 0.2650.
Targets:
🎯 0.2896
🎯 0.2650
Thank you and Good Luck!
CHZ - Chiliz: Possible Price Increase Near 0.180000CHZ - Chiliz: Possible Price Increase Near 0.180000
The price is creating a megaphone pattern on the daily time frame.
Immediate support will be found near 0.180000 and this is a zone
that I am paying a lot of attention to.
From that area, we can see the price reach up to the top of the
megaphone pattern and after that, we should see if the price will rise further.
Thanks and good luck!
LUNA: A Beautiful Accumulation In a MEME CoinLUNA: A Beautiful Accumulation In a MEME Coin
Luna is testing the lower part of the structure and it is looking
in a very good position.
The structure corresponds also to a very old accumulation zone that can
push the price up again.
Don't miss it...
Targets:
🎯 2.1879
🎯 2.5729
Thank you and Good Luck!
WBT: Support near $5.2 is Keeping The Price Very StrongWBT: Support near $5.2 is Keeping The Price Very Strong
After the price reached the top of the 5the wave in a perfect way
we can see that the price has already been corrected.
This correction it is not in line overall with the expectations as FTX
created very big problems related to market confidence in the crypto industry overall.
However, the situation looks a bit more stable now after this deep correction that is still
in line with the normal wave developments or how a new trend tends to develop.
So considering that the price already stopped near $5.2 for several days and the situation
is getting a bit more silent about FTX we may see the price increase further very soon.
Don't forget that the WBT (WhiteBIT) token is already being traded in 4 different exchanges and this
could be again a great trading opportunity.
We made good profits on the first bullish wave.
Targets:
🎯 11.00
🎯 14.00
🎯 18.50 extended target
Thank you and Good Luck!
Bitcoin | A Short Term Bearish SetupBitcoin | A Short Term Bearish Setup
In this idea I am showing a short term bearish setup on BTC.
Price broke down from a potential triangle pattern that can
push the price lower.
The targets are not to far away considering that this is in an intraday setup.
Targets are very short-term targets.
16626
16500
16270
Thank you and Good Luck!
XRP : Bullish Activity In RippleXRP: Bullish Activity In Ripple
This is in the analysis I shared a few days ago.
Regardless of the problems created by FXT in crypto
market these days we can see that not all currencies
lost high liquidity.
One of them is Ripple, which continues to stay above the lower support zone which is proving very strong.
We can see Ripple explode very quickly as long as it is showing bullish volume in these difficult times.
PS: If the price will break below 0.2890 just accept the loss as we can never know when
it will stop after that zone.
Thanks and good luck!
BTC | Potential Reversal Near 15K BTC | Potential Reversal Near 15K
Price looks like it already absorbed the FTX news, however the fear
and the panic is very high in the market.
So everyone is only talking about any other news that may come out again
related to any other broker infected from FTX.
So if that is not the case we may see the price to rise again.
It is also expected a lot from the market that BTC probably reached the bottom.
The reason after that is also BTC costs that are calculated near 15K and the is also the maximum
the price that BTC can crash.
However, the market fear can move it also lower....never knows with this market.
So this is only a possible scenario that I am looking at but it might be valid after more than
two weeks I guess.
For the time being the bearish volume is still very high.
Thank you and Good Luck!
XRP: Range Trading Or...XRP - Range Trading Or...
Ripple is holding very strong despite the market decline from FTX.
As we can see, the price has not yet reached the previous low yet and this is a good sign.
It seems that all XRP fans are still holding Ripple very strongly and mostly at the moment when they are making great strides with the SEC lawsuit.
The price has a higher chance than it already found the bottom and may rise again.
However, we must be careful because we can never know the end of FTX and its impact on it the entire crypto industry.
A price break below the structure can push it lower...so be careful.
Thanks and Good Luck!
ETHEREUM: Maybe ETH Has Hope To Rise Again After FTX DramaETHEREUM: Maybe ETH Has Hope To Rise Again After FTX Drama
On the daily chart, ETH created a very nice harmonic pattern.
The Beauty of this pattern consists in the way how the price reacted bullish close to the pattern completion.
Another important fact to note here is that the price has not fallen below the previous low located near 885.
So this is showing that the crypto market still has high hopes to recover again even after the FTX drama.
However, let's be careful and use stop losses on every trade we take.
Thanks and good luck!
XRP: A Possible Triangle Is Taking Shape In The 4th WaveXRP: A possible triangle is taking shape in the 4th wave
Since the mid of September 22, the price is developing a corrective pattern.
Considering the shape that it is actually developing it looks like a bullish triangle.
As long as the price is developed within the pattern all is fine for this scenario.
I have set some targets for the bullish move as you may want to lock in profits when the price will rise.
Targets:
🎯 0.50412
🎯 0.52288
🎯 0.55390
🎯 0.59968
🎯 0.64535
Thank you and Good Luck!