Sometimes I think the best way to trade is to keep it simple.
This is what i see in the inj/usdt chart Nevertheless we need to see: A lower high; A trend line break confirmation. To give more momentum to this trade. RSI already broke the trend wich is a bullish sign for our analisys. If the price break up and take my stop loss I assume the loss and move to the next trade. Expected trade time: 10 to 15...
Here you have my analisys for the next days on BNB.
Solana is forming a perfect ascending triangle pattern (Very bullish pattern) and Volume is decreasing wich makes a good confluence with with this pattern formation, meaning i expect accumulation and consolidation in the next days. All will depend if Bitcoin and mainly traditional market (NASDAQ) will play out this month. Like i said I believe we are are in...
The chart says everything. We are seeing Inverted Head and Shoulders pattern forming not just in ethereum chart but also in several others cryptocurrencys charts inclusive in the Total market cap chart (all cryptocurrency marketcap). So i think there is a big probability of going up in the next days in a form of a relief rally since we had too many weeks in...
Bitcoin is actually on track. Never been so bullish for a relief rally to happen Main key points: -Pirce is retesting the magenta support like i predicted; -Bitcoin is forming a inverted head & shoulders pattern (bullish) giving more confluence and bullishness.
Solana is gaining momentum Key points of my analysis: Double bottom pattern formation (wich can bee seen more clearly on 4h timeframe); RSI bullish divergence (on 4h and 1D timeframe); Trendline exhaustion (The magenta trend line in the chart have touched with the price to many times meaning that this trend line is loosing strengh); (Magenta) Trend line and...
The same thing that is rolling with Bitcoin is happening in Ethereum, the litlle difference is that Ethereum has not even broke the Blue channel. (showing more strong than Bticoin). What we can actually also prove with the BTC.Dominance chart (Btc is loosing dominance and is reacting more agressively than altcoins as incredible as it seem). Giving some space to...
Possible move for bitcoin in next days. Key poinst for this analisys: -Rsi in oversold zone and also forming a bullish divergence; - A fake breakdown occurs all the time especially in weekend (where markets are extremely manipulated and volatile); ---> Thats why i belive we are gonna comeback to the blue channel. Back in the blue channel we could see a bit of...
This chart is so simple but in the same time so good. In the last bear cycles: -When the price droped below the 150 WMA (Weekly Moving Average) (blue) and tested the 200WMA (yellow) we had a couple of months in consolidation between this 2 WMA; In this time of consolidation between the 2 WMA we also had an RSI indicator with oversold values (Order block on the...
As i had explained the current state of market in my previous publication. Now i am going to demonstrate what i think is going to happen in the previous weeks and months. State of bitcoin price Going to the chart, we can see that the price is trading for a while in the blue channel formed on April 2021. This diagonal levels (blue channel) are being well...
Mina chart is forming a descending triangle (bearish pattern), nonetheless don´t means that the price is going down. On the contrary can easly break up. Even more RSI is making lower highs and higher highs while price is making the same lows (bullish divergence), meaning we are getting momentum. We also can argue that this chart is forming a inverted Head &...
Fantom chart forming a perfect head and shoulders pattern on the daily and 12h timeframe. The neckline has already been broken, perfect opportunity to short ftm. Target in the botttom of the wedge (magenta lines) arround 0,2580$. Plus BTC.D is looking strong and altcoins are being left behind by the investors since they are more risky.
Bitcoin 8h timeframe chart looking bullish in low timeframes. Inverted Head & Shoulders has formed. Exelent opportunity to go long on bitcoin (4h candle has closed above the neck line). And more bullish divergence confluence on the rsi.
Beautiful Market Cap chart. If we close the week above 1.290 Trillion mark we have space to go up in the near term future.
Exelent opportunity to start accumulating Avax for the long term. Price hiting a huge support area (Pink order block) AND perfleclty matching with the 0,5 level of Fib; #Keep it Simple
Luna is breaking down descending triangle (bearish pattern). Always can retest the support line. Can be a good opportunitty to short. Don t forget to do Risk management.
Avax 1 D timeframe chart is showing signs of momentum and strengh. Great opportunity to go long on avax. -Rsi bullish divergence; -Volume decreasing; -Geting close to a huge support zone.