Btc isn't in a bullish trend more if we count we are in a key level we can see that because in lower TMF like 30 or 15 minutes the prices is making many bearish divergences and the funny is the price is showing weakness in july 26th and august 19th
The sp 500 is making a rising wedge and that means the bullish trend is showing weakness and in the daily chart the time isn't good the
dat and cardano both are in an important resistance in the case of dot beggin 6.45 to 6.90$ in this zone the long isn't a good idea the trigger for a possible short trade has to be search in 1h chart.
Cardano (ada ) has a very strong bullish movement today but right now is in an important resistance the 0.40/0.42 cents if you check the daily chart you can see how that was an important support in the past that support works well in the luna/ust crash and in the collapse of many lending platforms in june . if someone wants open a short i recommend find the...
ETH had a bullish strong movement that broke the range but here is the problem ETH is in a very important resistance since july and after was a support but the important is we can't trust is this movements because aren't natural even more in a bear market so be careful with eth . if someone is gonna open a short trade don't use more than 5X because the volatility...
with the recently bullish movement many people made wrong interpretations about the tendency ... We are still in the range and we cannot change only when breaks even if it is going up or going down the trade is the same trade the chart not your emotions...
ens is making a rising wedge and how we know the end on this ones are not good and the squeeze indicator has a bearish divergence so this isn't for the price in the daily chart .
The hammers mean the whales playing with the price and each time that the price tries to break that lvl.
you are making a (bearish) flag, so the higher you can get a short position would be better and don't forget to use your stop loss.
the market are was boring these days and may continue for a few days more but as the saying goes the calm before the storm and the most higher probability is the price of many alts continue going down .
we are in a range with higher bearish probability so every time that the price tries to go to an important lvl it's for find liquidy to continue falling
the time is bad for xrp because the probabilities to see an change in the structure to a bullish structure are lower this because the price still under 2 resistances the 55 periods ema and the 0.46/0.48 cents .
ada is doing a rising wedge a bearish pattern that indicates the buyers are losing straight and the sellers are taking the advantage. a trade example.
We still in the same range and if you are patient it is very weird to get liquidated in a range we can only wait for the moment when the range brokes could be up or down
the daily chart shows weakness so we need to find in 1h or 4h the trigger and the trigger is near i recommend wait for the indicator turn dark green
an idea for a trade in the daily chart still in the brearish chanel
1H with a higher bearish dominance and the strategy is giving a short entry