BulletproofTraders

BulletproofTraders

Chainlink (LINK/USD) remains in a strong downtrend after failing to break above key resistance at $14.45. Selling pressure continues to dominate, increasing the likelihood of a drop toward $11.582, a major support key-level. Read on for a full technical breakdown. Chainlink (LINK) continues to struggle under heavy bearish pressure, failing to reclaim the $14.45...

BulletproofTraders

Bitcoin Cash (BCH/USD) remains under strong bearish pressure after failing to break above the key resistance at $369.40. This confirms continued downside potential, with $291.20 designated as the next major support and official profit target. Read on for key insights and updated targets. Bitcoin Cash (BCH) continues to struggle with bearish momentum, as its...

BulletproofTraders

Ripple (XRP) has just triggered a major bearish signal by breaking below the crucial support level of $2.3575. This recent move is a significant indicator for potential further declines in the price of XRP. Investors and traders should closely monitor this development, as the break below $2.3575 could lead to an acceleration in bearish momentum. Looking ahead,...

BulletproofTraders

Bitcoin Bearish Outlook: Confirmed Breakdown Signals Extended Correction Bitcoin (BTC/USD) has shifted into a full on bearish outlook following the February monthly close below $84,400. A large-scale bear cycle is now unfolding, with the next key support at $73,781, marking a significant Fibonacci correction. Read on for key insights and updated targets. Bitcoin...

BulletproofTraders

Dogecoin (DOGE) indicates a bullish trading signal. After a prolonged downtrend, we observe a significant reversal pattern with the latest green candle forming a strong bullish engulfing pattern. This pattern encapsulates the previous red candle entirely, suggesting a strong buying momentum and a potential shift in market sentiment from bearish to bullish. Key...

BulletproofTraders

Bitcoin Bullish Outlook: Potential Reversal After Hard Landing Meta Description: Bitcoin (BTC/USD) may be hitting rock bottom after a steep decline, reaching the major support level at $84,440. This critical level could spark an upside reversal, but a breakdown could have significant long-term implications. Read on for key insights and price targets. Bitcoin...

BulletproofTraders

Binance Coin (BNB/USD) is finding a bottom after a strong decline, with the major support level at $611 successfully halting the fall. A potential upside reversal is in play, supported by increasing buy interest. Read on for critical insights and price targets. Binance Coin (BNB) appears to be stabilizing after a significant downturn, finding strong support at...

BulletproofTraders

Hitting the key support at 115.60 could be the last stop for this current downside move. An upside reversal is expected on both the short and long-term perspectives. Nevertheless, our focus is the short-term with the key resistance target at $133.20

BulletproofTraders Updated 

Based on my analysis of the Chainlink (LINK) chart and insights from my previous forecasts, my outlook remains **bullish**, as I anticipate a potential **upside reversal** from the key support zone around $18.00. ### **Market Context & Price Action:** - **Current Price Zone: LINK is currently trading near $19.24, hovering just above the identified support level...

BulletproofTraders Updated 

Looks like the Bitcoin can not wait to break back into it's short-term trading range. It has almost been 3 weeks since it got expelled pushed out of the range, but remained close by for a come back later down the road. We highly suspect that moment had arrived, so we're taking immediate action. Establishing a new bullish campaign, targeting the next significant...

BulletproofTraders Updated 

Lido DAO (LDO) is a decentralized autonomous organization that offers liquid staking solutions, enabling users to stake their Ethereum and other supported assets without losing liquidity. This approach has positioned Lido as a significant player in the decentralized finance (DeFi) ecosystem, providing flexibility and efficiency for stakers. As of February 17,...

BulletproofTraders

Tron is gearing up for an upside reversal. Finding a solid bottom on the last line of resort at $0.2186 is a strong indication that this downside move is coming to an end. We decided to launch a new bullish campaign, targeting the two next significant key-level resistances of $0.2513 and $0.2878 respectively. Stay tuned...

BulletproofTraders

Stellar had found a solid bottom after making contact with the last line of support at 0.3170. An upside reversal seems to be underway. We've established a bullish campaign, targeting the key-levels of 0.3758 and 0.4416 respectively. Stay tuned...

BulletproofTraders Updated 

Cardano is trading sideways ever sine late November. Coming off the upper section of it's trading range, price action seems to be gearing up for one more downside leg towards the lower section of that range. The failure to break above the key-level resistance of $1.0850 suggests that price action is on the backfoot again. We're firing off a new bearish campaign,...

BulletproofTraders

Huge pullback in price action suggests that price action was nose diving to shake off weak hands. A quick upside reversal may be underway. The XRP recovery back above the key-level support of 2.6935 indicates continuation of this upsurge. We're activating a new buy trade, targeting the level of 2.9630 and 3.2645 respectively.

BulletproofTraders Updated 

A few days after smashing the key-level target of $25.60, it's time for us to flip over. Price action just dropped below the very same level, this time crossing from above. That is a clear indication for a potential downside reversal. We're jumping into a short position, targeting the key-level support at $21.50. Stay tuned...

BulletproofTraders Updated 

The consistent failure to breakout above the massive key-level resistance of $101,850 is a strong indication that the bitcoin is gearing up for a downside reversal. at least on the medium-term cycle. We're testing the waters with a small size short position. As the negative momentum keeps growing so will our confidence and our position size. Our secondary profit...

BulletproofTraders Updated 

The big picture (Weekly chart) technical situation on the XRP suggests that the upside momentum that was driving price action over the past 3 weeks is getting fatigued and may be coming to an end. The failure to breakout above the massive key-level resistance of $3.0790 is becoming evident and is also an indication that a serious downside reversal is in the...