Bullish opportunityThe index is currently breaking a correction phase and is headed towards established highs at 27k and 26k. Reaching the highs, remaining above and bouncing off these marks may yield a potential upward momentum for the index.
CRYPTO10 trade ideas
BTC URGENT UPDATE
It will be double top and correction on Wednesday
I aspect that approximately 10:00 (utc +0) Wednesay 27 November
and after a correction peope sell all of alts and Friday will pump hard altcoins.
It is a game from whales bro watch out ..!!!!
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The Bears turn the Market TOP10 Hello friends of red candles. Here is a brief insight into the TOP10 measured by market capitalization. It has already been indicated that this will happen, the euphoria in the crypto sector was very high, but that will change. Why? Because it's always like that and many things repeat themselves again and again. A saying that I always like to remember. If the monkeys are dancing around in the trees and aiming high, then sell, if the bears are messing with the devil, then buy crypto.
Fake down for the Top10 Altcoins, now bullischHello traders, a cleary fakedown. All Traders hope for the big Short.
I'm strong bullisch for all Altcoins, close the SHORTS.
Crypto10 Index Entry with TargetHello traders, here is an opportunity to evaluate the overall situation of the crypto market. Currently the outlook is rather red. To cover a wider range, the Crypto10 Index is a good choice. I trade this via Capital.com at x2. Be there, but without much risk, with a limited SL. Have a good start and good luck
crypto10 index longcrypto10 index
maybe finish five wave up
and now three wave pull back
wait for finishing the pull back and then resume the uptrend
50% pull back the high probability
Unique Perspectives on CryptoThis graph represents the inverse chart of the top 10 Cryptocurrencies' market cap. I spotted a few conflicting signals which I described using 3 forecasting lines (Red, Blue, and Green lines). With correct SLs, TPs, and open orders set - great profits can be made.
Furthermore, I will rate the likeliness of each potential outcome
Outcome 1 (red line) (Bullish for this graph/Bearish for BTC)
Reasoning:
-Successful breakout from the closest white line to the current (Aug 22) candlestick. Therefore, the breakout should continue.
-Purely following the trend and candlesticks patterns, a strong move to the upside last week should be followed by a few(range of the red line) bullish candles.
-Last week's bullish close flipped the signal from bearish to bullish in the Trend-Based Fib extension analysis. This is due to last week's candle bullishly absorbing the whole bearish movement from the last 3 weeks, to close above the 1(128.3) fib support.
Although last week's candlestick closed close to the 1(128.3) fib support, the move be seen as a retest(from the fib line).
Likelihood of happening: 5/10
Outcome 2 (blue line) (Bullish for this graph/Bearish for BTC)
Reasoning:
-The closest purple line to the current (Aug 22) candlestick is retested (to the downside) from a failed breakout to the upside.
-After the fall it shall bounce off its next and major diagonal support presented as the lower purple line with the same gradient. It is a strong support line; the high time frame makes it even stronger.
-Afterwhich, the bullish rally should continue, to hit the top Fib lines within the extension.
Likelihood of happening: 6/10
Outcome 3 (green line) (Bearish for this graph/Bullish for BTC)
Reasoning:
-The first anticipated fall follows the same idea as Outcome 2, but follows with stronger bearish action.
-A turning point (to the downside) in the current trend may be spotted by the candlesticks reversing at the black line running through the middle of the chart. It is acting as one of the strongest resistance points on the chart.
Likelihood of happening: 5/10
It is important to know that we are heading into a scary, unique recession. It is critical to account for fundamental factors. Some fundamental analysis can be found on my page.
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