- green box: non touched prices after run up makes it a higher probability that prices will fill this gap. - flipping current support as resistance (yellow) - follow the current pattern in the downward trending channel (purple) - targetting 15 usd
- lot of untouched prices below current pricefloor ('air'). -continued downtrend. - support is multiple times tapped and reaction from it becomes weaker.
Long term trendline at 1.6extention of first downmove.
Looking to enter short Audio on 2,5 as long as downward trend is not broken. or if current support is flipped.
Chiliz had a massive run-up this year. Despite the fundamental improvements on the project the price-action is still consolidating. The current Support zone is already tapped multiple times and below this support is clearly an inefficiency. The current trend in the overall crypto market is downwards oriented. Same structure on the BTC pair, but even more...
I see some consolidation happening in the triangle before a next leg down. Potentially up to 82USDT. Weakness and rolling over in the orange triangle would trigger a short too. Targetting the 1.6 extention which is the zone where this move started.
Idea from few days back: Didn't reach short target within 75USD. zone. Axie had phenomenal run during the summer months. Bitcoin - pair rolled over too. The 50 USD zone will determine how fast the uptrend will resume or if we head lower first. Red trajectory is currently more likely.
Expecting short term relieve. First target is 1,2 extension of current range. This is at the red trendline. If this trendline is breached, a retest of the trendline is likely followed by a next downward move. This makes part of a bigger corrective move in terms of EW. Target of 41cents. Starting point of current upward move. Key reaction zone: red trendline If...
-1.6 extension to downside where original impulse started. - alot of 'air' below current price. - current support tapped multiple times. - downward oriented MAs.
GRT is about to roll over back to the long term trendline. Trendline is at 1,236 extension of current range. I see some more consolidation happening before any serious breakout.
Currently a lot of 'air' below the current pricefloor and previous ATH. Before this scenario can play out, some distribution needs to happen first.(1-2weeks)
SLP retraced 80% from its ATH. Previous entries below the 10cent mark showed to be very profitable entries. The reaction is less powerful then previous tabs in the 10 cents zone. Before entering a long position I would like to see some consolidation happening and a regain of the 10cents level.
The last 6 Bitcoin ATH correction were all characterized by the same 'crash-cycle corrections': -Bitcoin had always 3 major support - resistance levels (red lines) - Current cycle support levels: - 6000$ - 3000$ - 1800$ (expected) Assuming the current low is the low of this cycle would indicate that the current trendline is becoming 'sharper'...
Hello All, I've made a detailed BTCUSD analysis where I cover: BTCUSD price, Ichimoku, BTCUSD shorts and - longs and 100 EMA. My findings: Short term: upside potential to Ichimoku Cloud. -> increased longs to (longs-resistance) -> decrease shorts to (shorts-trendline) 100 EMA looks a matching up decision point and can reject BTC price hard like previous time....
BTCUSDSHORTS as Leading Price Indicator: Continuation SCOPE OF ANALYSIS: - BTCUSDSHORTS (near longterm-trendline) - BTCUSD (Pricelevel) Expected: Continuation of bear marked based on long term support BTCUSDSHORTS BTCUSDSHORTS - BTCUSD prices behaves mostly in the opposite direction. Target: 1800 - 2300 USD Tump-up if you agree! Best, Bavo
BTCUSDSHORTS as Leading Price Indicator. SCOPE OF ANALYSIS: - BTCUSDSHORTS (bottom) - BTCUSD (Pricelevel) Expected: Temporary price reversal based on ATH BTCUSDSHORTS BTCUSDSHORTS - BTCUSD prices behaves mostly in the opposite direction. Keep in mind an ATH of BTCUSDSHORTS doesn't mean BTCUSD bottom! Although a short term price reversal is likely, my 1-3...
BTCUSD: - Upward channel - Price upward potential: 4600 zone - Supply zone at 4600 with rather low 'green' volume - Very likely continuation of downtrend
TRON more reasons not to buy... No trend reversal based on Hull Moving Average analysis. 3 month support is broken. Due to the young age of the project and exponential MC growth, the coin hasn't yet developed 'strong' support zones. DMI indicator is not yet topped out; Therefore expecting more downward price pressure. Wave trend analysis is still pointing...