1D chart with a bearish confirmation by the squeeze indicator
ada is a very bad situation because its making a descending bearish triangle for put in context this type of patterns are the most bearish if the triangle breaks down it would mean a fall between 30 to 50% .
Under the most higher zone by negotiation long isn't a good idea
there's 2 visible patterns the first one is the one that is in the picture that is a regular pattern that is better operate when broken and confirm it can be bullish or bearish the 2nd one is a descending bearish triangle that is one of the most bearish patterns and like the 1st one it's better wait for the confirmation
Nobody buys near a resistance the opportunity would be if the price breaks the resistance with volume and then retests but that isn't a very likely scenario.
I believe no one with at least minimum use of reason would buy near to highs is like buy in the ATH no one should do that
the zones traced by fibonacci of all the movement since may 2021 to today
we are in a range we don't have a tendence , just a boring range
we are in a range and we need to respect that in the high zone is short not long or believe we going to the moon
I was monitoring mkr for a few days ago and this is one of the best zone for a short but don't forget the market is unpredictable always use the stop
the maker situation for the next days is just a bullish bounce to the 55 periods ema to continue falling
this is a range and we have to go short on the high zone and long on the low zone and when we miss a stop loss don't get mad because it would mean that the range was broken
The bearish channel are being respect for more that 6 months and the most probable scenario is the 0.85/.90 per euro and i know sounds very surrealist but don't forget , we are paying the consequences of the massive print of 2020/2021.
the targets are traced by fibonacci . 1.618/2.618 we are close to breaking the bearish triangle and that means a next and maybe last falling in the price of crypto general . some ideas bellow :)
in the daily chart we have a rising wedge and a bearish divergence in the monitor
apple one of the most influential companies of the last decade doesn't have a good prediction for their next months
this is gonna be a short analysis 4h: in a range if someone thinks this is an uptrend or something like that its better if sees the chart again and tries to calm down 1D: higher bullish probability (target sir?? : 21400 in the best scenario) but if the price is still bored doing nothing for at least 5D that's gonna be very bad. weekly : no buys yet just...
blocktopia a very interesting project but with a bad tokenomics ( actual supply 21b tkns in circulation / max supply 200b) is normally projects with too much inflation going down and more in the bear markets the truth is this projects are the 20X in the bull markets but are too risky BE CAREFUL you can lose too much money