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Bitcoin | Will Bitcoin Rise More? Of Course YES😁 In the previous analysis, the price was showing a very nice extended pattern with two options. Both were more likely to happen since they were both aligned with each other. As you can see the price reacted in the same area where I shared the previous analysis. The reason was that the support area of the channel proved to be very strong and the market did not see the price move below 20.7k. Yesterday during the FOMC Bitcoin bounced above the channel and is now increasing the chances of the next bullish move. The first target should be 24K and after that 25K Thanks and good luck! Previous Analysis:
Long
by KlejdiCuni
21
Bitcoin | Broadening Wedge |The Bullish Movement Should ContinueBitcoin | Broadening Wedge |The Bullish Movement Should Continue From the previous analysis, we can see that bitcoin is still building very nice bullish patterns. On the actual bullish movement the price is expanding and it is creating an "Ascending Broadening Wedge Pattern". If the price will keep developing within the pattern the short-term targets have very high chances to be reached these days. if the price will move below the pattern the bullish scenario will be invalidated and we need to see for the next movement how it can develop. Thank you and Good Luck!
Long
by KlejdiCuni
14
ETHEREUM | Bulls Are Taking Control Of PriceETHEREUM | Bulls Are Taking Control Of Price After the price was correcting for more than a month now we can see a clear breakout of the pattern. This was the expected reversal area that I was looking at for a long period of time and as we can see the price is confirming that ETH increased almost +60% from the bottom. In the actual conditions, the price just broke out from the Flag pattern. I am expecting any potential correction before the price will increase more during the coming weeks. Thank you and Good Luck!
Long
by KlejdiCuni
18
BNB Is gonna be Bearish. Here is Why+Target!BNB is in a Inverse Cup and Handle Pattern. This Pattern Is Pretty Visible if we Use The WHITEBIT Exchange Chart! this is a Bearish Pattern of course But We also have another Bearish Pattern as well which is a Descending Triangle Pattern.Right now The Price is at a Pretty Neat zone which is a Support zone,Bottom of the Triangle & also the Break out Point of the Inverse Cup and Handle Pattern. but It is Expected For Binance Coin to Enter a lower Zone Pretty Soon. The Price will Surely Reach 270$ (at Least). we shall Expect The Bearish Movement Because The Break out Required For Doing this Movement Is gonna Happen Pretty Soon! -BNB is in a Inverse Cup and Handle Pattern -Descending Triangle is also Visible on The Chart -It can Reach 270$ (at least) -Neat Price Point Right now! -Expect the Bearish Movement To happen Pretty Soon!
B
by CobraVanguard
12
XRP forecast - how to trade in a falling market?For 7 weeks in a row, the price of XRP has been falling steadily. Unfortunately, we couldn't find a more positive start to our forecast. The sellers managed to break through the global range of $0.55 . So far, the breakdown of this range can be fixed on the daily timeframe. Weekly candle has not closed yet. Taking into account the breakdown of the global critical point of $0.55, buyers can be more active and start a rebound to the level of $0.80. However for such a scenario to occur it is necessary: 1) Close the weekly candle above $0.57 2) Not to allow the sellers to renew the local low during the trading week of May 16. Only after these conditions are met, it is possible to buy XRP with low risks with the final target of $0.80 . However even in such trading situation stop order should be placed below $0.47. The prospect of XRP falling as low as $0.24. How the price can reach this mark (slowly or LUNA) is unknown. It should be understood that the cryptocurrency market is not in the state that you need to risk your deposit for long-term positions now. There should be a separate deposit for such trading. There is no light at the end of the tunnel in the XRP market on the daily timeframe. The sellers confidently broke through the $0.55 range on May 9. The breakdown was on high volumes. On the same volumes, the buyers began to form a rebound. However the daily candle of May 10 was no competition. This fact shows that the sellers are very strong at the moment. Even if the XRP gets to $0.55-$0.58 , that will be the last target before the new wave of decline begins. That's why if we look for long position in XRP cryptocurrency, we should go 8-10% up with a short stop order. It will be clear from what the next wave of decline looks like whether the sellers are exhausted or not. If the sellers have a harder time renewing the local lows, with trading volumes increasing, we expect a medium-term bounce of the XRP price from $0.43. That is the range where we will look to buy XRP in the medium term. However, we do not place limit orders, as it is important to see the dynamics of price movement in the range of $0.55-0.43. The importance of the current critical point in the XRP market is underscored by the weekly chart of XRPBTC price movement: The chart shows that the critical point (base 0.000015) is under buyer control. If this range is held during May, buyers will have a very high chance of starting a new wave of growth without sinking the cryptocurrency into a global bottom. In addition, the price of BTC has not yet broken through the main range of $29,000 and may start a new local wave of growth within the global consolidation (29,000-60,000). We posted our long-term bitcoin forecast about this recently: However, if on the weekly timeframe of XRPBTC we see that the price consolidates below 0.000015 - we should run away from XRP market for a long time. In that case, the minimum downside target is 30%. The conclusions of our forecast: 1) For spot trade in intermediate-term range we should expect either fixing of the price above $0.55 or test of $0.43 (conditions of price movement in the range of $0.55-0.43 should be met) 2) At the moment of forecast writing we may consider a short-term long position till $0.55 (counter-trend agreement with a stop order lower than $0.48) 3) The probability of XRP falling to $0.24 is quite high in the long term. This scenario will become relevant if buyers fail to take control of the $0.55 range after starting to bounce back from $0.43. Be careful when trading a highly volatile falling market . In case of little experience, in such a market the main task is to save the deposit!
by P_S_trade
20
Cryptocurrency APE - when will it be safe to invest?The strong fall of the cryptocurrency market did not go unnoticed by APE. After such uncorrected impulse waves, investing in the crypto market becomes scary. How to choose the time and place to buy a low-risk APE? The hourly timeframe clearly shows what happened to the cryptocurrency APE during the fall of the price of BTC on May 9 The first momentum of the fall began due to the operation of stop orders from buyers in the range of $11. However, an interesting fact is that after the start of the momentum, buyers began to actively slow down the fall of limit orders to buy. As a result, consolidation was formed on abnormally large volumes. This was the first step towards slowing down a powerful fall wave. After some time, the situation repeated itself (momentum down and slowing down the decline in consolidation on large volumes. In order for a potential trade to become relevant, the APE price needs to rise to $11. If buyers are unable to reach the $11 range during the current local growth wave, the decline will continue and sellers will most likely be able to update the local low. However, if buyers can test the $11 mark, we offer the following medium-term trade: Entry - $10.5 stop - $7,679 TP-1 - $11 TP-2 - $14 P.S. Which cryptocurrency analysis are you interested in at the moment? Vote for the cryptocurrency that interests you next week and we will make a forecast on it. How to do it - see the idea!
Long
by P_S_trade
24
CRV SAND SHIB ZRX cryptocurrencies - potential trades!Hello colleagues! Looking at the situation in the cryptocurrency market , we saw a different attitude of altcoins to the local weakness of BTC. We picked up bright examples and gave our assessment of how to trade cryptocurrency in the next few weeks. The price of BTC has every chance to try to organize another wave of falling down. We talked about this in our previous BTC forecast, where we shared our trading plan ( click on the current forecast link ) According to our BTC forecast, we have forecast potential trades in cryptocurrencies CRV SHIB SAND ZRX Cryptocurrency CRV Entry: $2.26 Take Profit: $2.93 Stop Loss: $2,123 In the event of a weak rebound in the CRV price, we recommend closing the position at $ 2.48 Cryptocurrency SHIB Entry: $0.00002255 Take Profit: $0.00002849 Stop Loss: $0.00002048 Cryptocurrency SAND (we expect a false break of the liquid zone of $ 2.66) Entry: $2,262 Take Profit: $3.66 Stop Loss: $1,996 ZRX cryptocurrency Entry: $0.7157 Take Profit: $1.0916 Stop Loss: $0.6448 How do you like this format of forecasts? What do you prefer a detailed and thorough description of one cryptocurrency or a selection of clear trades? Write your opinion in the comments!
Long
by P_S_trade
41
LUNAUSDT 12h Where to buy Luna safely and sell profitablyA few days LUNAUSDT shows not bad growth, but now the price has come to the liquidity zone of $95-100, where no less strong downward movement may begin. As can be seen in the global price chart, LUNAUSD price for months moving channel up. Channel width and the possibility of price movement from border to border about 200% In the vast majority of cases, for ourselves, we consider only secure purchases from strong levels for medium-term trades. We offer you the same procurement zones: 1. Purchase area at the bottom of the channel - $64-65. The upper limit of the channel and the target for growth is around $210 2. Purchase area $45-50 more designed to place "buckets" in case of a strong fall in the cryptocurrency market. Of course, the lower, the less likely that these orders will fill, but the risks of sagging deposit are lower, and as we know in the world of cryptocurrency everything is possible) _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
31
BTCUSDT Two trades while bitcoin price is in the consolidationOn the graph BTCUSD we all see the channel of price movement with a scope of 40% from border to border. The price is stuck in the side and the fate of the further trend of the price movement for the months is being decided. And while the market share is decided by the "big uncles", let me offer you two modest trades within a broad consolidation: 1. Short-term trade on the current retest of the local bases for strength and without updating the minimum Entrance to Long $39400-39700 Stop - $38224 TP - $43974 2. Medium-term trade , entry into the position when and if the feet of longs that were gaining above the proposed procurement area will be triggered on the strait. Entrance to Long $37100-37700 Stop - $34319 TP - $49900 And then everyone makes a decision for themselves: - Participate in one or two trades - what part of the deposit to allocate for the proposed trades - or you can just watch from the side, and then either bite yourself on the elbows, missed trades with a cool profit/loss ratio or write: "And I said that will not happen" :) _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
Long
by P_S_trade
34