BallsOfSteel32

BallsOfSteel32 Feb 6

BTC is about to meet a major rising trend line that is converging with the 100 sma on the daily chart. This is where I am expecting the price to reverse. I think the current price is a discount that wont last much longer. Once we meet the trend line and the 100 sma, there might be more fireworks. Keep an eye on this. Not financial advice, do your own...

BallsOfSteel32 Jan 17

Gala is about to experience a 100-200 sma cross on the 4 hour timeframe. This is also occuring as the coin attempts to break the down trend that has been in place since December 4th of last year. Gala is back to trading above its 50, 100 and 200 sma which is a good sign. RSI is 58 at time of publishing. Levels to watch are marked with green horizontal lines. ...

BallsOfSteel32 Jan 14

This is the daily chart for BTC/USD. BTC appears to be trading inside a triangle after a large bullish impulse. Price is currently trying to regain the 50 simple moving average (yellow line). If BTC breaks the 50 day simple moving average, I expect the price to break out of the pennant forming and test higher highs. RSI is nuetral at 52 at time time of...

BallsOfSteel32 Dec 18, 2024

Gala had a large break out after a cup shaped accumulation period. The price has since pullled back the .5 fibonacci level. This level lines up with the neck line of the cup and accumulation period. We have a potential for a reversal to touch the top of a rising trend line sometime around january. my target is around 10 cents. this lines up with the...

BallsOfSteel32 Dec 4, 2024

Im posting this idea because the formation the price action is making is a rising wedge. This shape has a bias toward breaking down and forming new lows. In this case, the 50 simple moving average has managed to stay above the 100 simple moving average and the price has managed to hold above the 50 simple moving average. RSI is only 48 at time of publishing on...

BallsOfSteel32 Nov 28, 2024

Bitcoin is currently trading within a Descending Broadening Wedge that appears to be completing and ready to flip bullish. RSI is 51 at time of publishing. Price action fell through the 50 sma and then recovered at the 100 sma. It then temporarily lost the 100 sma and recovered it. PA is currently sitting on the .5 extension. The bottom of the price action...

BallsOfSteel32 Nov 27, 2024

From BTC low to swing high (88,700 to 99,800) we have had a perfect breakdown through the fibs all the way down to a perfect body close on the .786. The price action dipped below the 100 sma for a short period and quickly recovered this level. Price is currently trading above the .5 fib retracement level. RSI is 49 at time of publishing and trending upward...

BallsOfSteel32 Nov 23, 2024

LItecoin, the original altcoin, is flipping resistance to support on the H4 chart. Currently, the price is testing an area for support. If the price bounces, we may get another impulse. RSI is 62 at time of publishing. target would be the 1.618 of the previous high swing low aroun 109 dollars. Not financial advice. Do your own DD. Thanks for viewing the idea.

BallsOfSteel32 Nov 22, 2024

Looking for a long to the 1.618 off the recent high swing low. PA is trying to break H4 structure to the north. Price action is trading above the 50 sma. Price is currently trading above H4 resistance. roughly 25% return if doge can squeak out 50 cents. Green line is my entry. Stoploss is around .389000 NFA, Do your own DD. Thanks for viewing the idea.

BallsOfSteel32 Nov 16, 2024

BTC is currently trading above a major daily trend that goes back to January of 2024. The trend cuts the bearish and bullish action in half. That line is about to flip back into bullish territory. This spells major gains for btc in my opinion. There will be a H4 updated following with the smaller trend playing with the larger trend.

BallsOfSteel32 Nov 15, 2024

Eos is currently breaking out to the upside of a H4 bull flag/ bull pennant formation. The rsi is 58 at time of publishing. Target for the long is the 1.618 extension or better of the previous high swing low. The H4 50 sma is running along support and is a good indicator that this area is the bottom of the tokens range. Not financial advice. Do your own...

BallsOfSteel32 Nov 14, 2024

Link is currently breaking out of weekly structure and retesting it at time of publishing. RSI is nuetral at 52. Price action is caught between the 50 sma and the old resistance. If the PA holds at this level, we could have some major moves. NFA, do your own DD. Thanks for looking at the idea.

BallsOfSteel32 Nov 13, 2024

Cardano is about to experience a weekly 50-150 simple moving average cross. This is coming off the back of a strong week for the alt coin. The RSI is 60 at time of publishing. The token has corrected so far to the .236. Anything close to the 50 sma is a good buy for longs in my opinion. Targets are market with green horizontal lines and are fib extensions...

BallsOfSteel32 Nov 11, 2024

Gala is currently experiencing a 50-150 simple moving average on the daily time frame. This is a bullish signal for the gamefi token that has already been rallying for the last recent week. RSI is about to leave nuetral territory at time of publishing. Targets are horizontal lines above taken from fib extensions of the previous high swing low. Not financial...

BallsOfSteel32 Updated  Nov 10, 2024

BTC has managed to hold above a rising resistance that was currently dictating the price action. There are roughly two daily bars before we meet this trend again while being above it. The rising wedge broke to the upside, so my bias for this trade is long. RSI is 72 at time of publishing. Long targets are 77,800 first, and then 84,600. These is the 1.618...

BallsOfSteel32 Updated  Nov 9, 2024

ADA is approaching its 50 sma on the hourly chart. this could be a good buy area for a long set up as the 50 sma will be coinciding with the nearest support. Targets above are the 1.618 and 2.618 extension of the previous high swing low. RSI is 52 at time of publishing. Impulse has already corrected beyond the .236 and may be enough for a new continuation...

BallsOfSteel32 Updated  Nov 8, 2024

BTC cup and Handle similar to '19 structure. Handle would line up with the fib levels and the next major support below. Keep an eye on this. NFA do your own DD Novice trader here.

BallsOfSteel32 Updated  Nov 8, 2024

Textbook bullflag for pepe/usd on the weekly chart. Not too much else to say. Breakout would like occur between 4th quarter this year and 1st quarter of next year. NFA Do your own DD. Thanks for looking at the idea.