Here's my go on the long-term analysis for Bitcoin looking ahead 3-5 years. Don't consider this as financial advice, I solely engaged on this analysis to get insights on my personal exit strategy What I've done here are some simple calculations and multiplied them at the areas where the trend looked similar to the trend at the end of 2017. For me a multiplier of...
- The 50 & 200 MA are joining again - There's lots of room to grow - We have touched a strong support at 0.0923 price level - Three new high lows have formed since the 0.0923 price level This is the time to buy UNI
Hey guys! Here's my go on the next bull-cycle for Bitcoin. Historical According to historical data, the 2017 bull-run also had multiple cycles (4, I believe). With each bull-cycle skyrocketing bitcoin prices. Current trend What we've seen so far 2020 and 2021 have had two strong bull-cycles already, and we are in a consolidation fase right now. On this...
Support and Resistance Based on the downtrend of the last few days I've extrapolated the zones to where we might see potential bullish trend. Fibonacci Trend went above to FIB level 0.382 today, then retraced to around 0.04231. Elliot Wave As of today we're seeing higher lows again. This could mean a trend reversal. If look at the previous 12345 wave going...
24th of november 2020 Timestamp: 2020-11-24 14:33:31 UTC+1 Price: 0.02440 Amount: 11.6
The pair is showing a clear descending triangle which could mean a nice buying opportunity for crypto traders.
An idea of BINANCE:ANKRBNB 's next steps.
Entry: 79.515 Stop loss: 79.139 Take profit: 80.698 Risk reward ratio: 3.15
FX:EURGBP seems to be leaving the bearish channel. We can see multiple signals that confirm there's a possible trend reversal coming up, leaning to bullish: Strong signals 1. The chart retested the strong support area around 0.8866 2. There's two higher lows (HL) a third one would me the confirmation even stronger Weak signals 3. The chart is grinding the...
Trying out new indicators on the game-industry focused Wink Token vs the popular Binance Coin. As of october 16th 2020 this token seems to have shifted to a clear uptrend, which hasn't been broken yet. Bollinger bands Right now the price is grinding the lower bollinger band which could mean a buy indicator. Stoch RSI The RSI shows an aggressive oversold...
Scenario 1 - Long Entry: 9035 Take profit: 9057 Stop loss: 9029 Risk reward ratio: 3.45 Scenario 2 - Short Entry: 9016 Take profit: 8967 Stop loss: 9021 Risk reward ratio: 10.4
The chart pattern shows an ascending wedge pattern on the 4H time frame which could be a nice short opportunity.
We could see a breakout above the wedge or a continuation. We should wait for the right moment to enter our trade. I have identified this is a Broadening Wedge pattern which can give us the following opportunities: Breakout If it breaks above the daily with 1 or 2 positive closing candle sticks above the upper trend line, we could see a breakout. ...
Stop loss: 2344 Entry: 2100 Take profit: 1622 Risk/Reward ratio: 1.95
Stop Loss: 1874 Entry: 1834 Take Profit: 1708
Short 1 Stop loss: 0720 Entry: 0689 Take profit: 0623 Short 2 Stop loss: 0650 Entry: 0623 Take profit: 0592
Scenario 1 - Long Entry: 1843 Take profit: 1932 Stop loss: 1825 Risk reward ratio: 4.99 Scenario 2 - Short Entry: 1933 Take profit: 1781 Stop loss: 1962 Risk reward ratio: 5.38
Entry: 0605 Take profit: 0654 Stop loss: 0593 Risk reward ratio: 4.02 4H Time frame 1D Time frame