Solana is losing momentum and looks bearish in the shorter term. It is forming 2 bearish divergences over the span of both short and long periods. I expect it to start forming LH & LL from here. First support is at 236 to 235 level and then next support at 217. Looks good to short Enter at 253 TP: 236, 219 SL: 263 Leverage: 7x Dont risk more than 1% of your...
Bitcoin looks weak on the daily TF. The coin is ranging since many weeks and the volume looks weak too. Along with this, BTCD got rejected from 200EMA a few days ago. Bearish price action in BTC combined with a dumping BTC dominance means a pumps in alts is possible. I expect btc to dump hard in the next few days to atleast 56617. Then we might see a relief rally...
Solana is forming an H&S pattern on the 4h time-frame. While other coins were at prices 50-70% lower than their ATH, Solana has been only 20-30% down. But the fall has to come someday and you cannot keep on resisting the overall market sentiment for long. We're going to see the same kind of fall in Solana now. Other than H&S, the 5 SMMA is converging towards the...
BTC is forming a diamond bottom pattern on the 1h chart, indicating that the bottom is in and the price will now go up. News of google allowing crypto exchange ads is another bullish sign and price is likely to rise. #NFA #DYOR
Market is about to form a triple bottom and then fly off to the moon. Entry Price: 31100 Stop Loss: 27k Target price: 39k, 43k, 48k
BTC is forming an h&s pattern on both the 1h and 4h charts. Entry price: 36.4k Targets: 35.5k, 33.8k Stop Loss: 37.3k *Not financial advice. DYOR.
BNB broke through the rising wedge on the 4h chart. Price objective is equal to the height of the back of the wedge, i.e. $291. Position: Long Entry: $300 (trigger 291) Targets: 360, 385, 420 Stop loss: $294
The 4h chart is forming a bearish pennant indicating that the market is losing strength. The stochastic also shows that the market is oversold confirming a potential reversal. Perfect time to short. Entry: 35.00 Targets: 29.33, 27.242, 23.018 Stop loss: 36.5 Note: Not financial advice. Do your own research before doing these trades. I am not responsible for the...
ADA looks bullish on the short term price movement. It is forming an inverted triangle on the 1h chart. The price rise will be equal to the height of the candle thats comes closest on both the sides and can be seen in the charts. If the price moves over 1.45, the next resistance wil be at 1.475 and then 1.5893. With major developments about to happen by June,...
There is a short term bullish trend, but the market is about to have the death cross on the 1D chart. What's worst is that it hasn't had the death cross even after a month of bearishness. If you look at the charts of 2020, 2017-2018, you will see that the real collapse came after the 50 & 100 MA crossed. Also, they crossed up and down atleast 2-3 times during the...
Market recovered 30% today in less than 24h after having one of the greatest falls. This itself is a very big sign of market manipulation and overall bullishness in the long term. As per a report by Cointelegraph, only the small and retail investors sold their positions and were the ones to face losses. If you're scared that BTC will fall to 25k, then feel...
Update to my previous idea: Bitcoin just touched 200 Day SMA. It is now one month into its bearish trend. It formed a head and shoulder pattern on the daily chart and it looks grim. It is likely to touch 33k. Definitely the best time to short but not good situation for others. It may take weeks for it to recover. At the top of this, more than 4.3 billion USD...
Bitcoin is forming an inverse cup and is surely going to fall. The Elliott correction wave theory also supports this. According to Elliott wave theory, after every 3 bull runs, there are 2 bearish runs - each bigger than the previous. This can be seen in April's chart when bitcoin first fall on the 18th and then was seen regaining strength, but it fell big on the...
Doge is forming a cup and handle pattern on both the 1h and 4h charts. The handle formation is in the making and it can be confirmed from both RSI and Chaikin Money Flow which are decreasing. In the past 6 hours, RSI has gone from 80 to approx. 65. Chaikin Money Flow also has decreased but only a little bit indicating fear and panic selling by few micro...