Hey guys, In a macro perspective it's very possible to see Bitcoin Dropping arounds 40K - 42K (maybe 36.7K) to get strength to reach a new ATH. There are also some macro perspectives that supports the idea that we are ready to reach new highs right now! I'm sharing with you guys a "micro point of view" in the 1H chart, if we are going to a 50K without testing...
The tips that I am about to give you can completely change your results as a trader and it can help you to start becoming a PROFITABLE TRADER or if you already is a profitable trader it can help you to increase your "win rate". 1 - Never blindly trust in the Moving Averages or any other indicator that you have set in your chart, it only takes a big spike on...
I understand that we are in a moment of uncertainty, so I'm gonna introduce two points of view, for the ones that are Bullish or Bearish on MATIC and I will explain why I am "long" on this trade no matter the trend (bullish or bearish). For my Bullish friends: - I traced Fibonacci from the lowest point in April at $0.25 right before the bullish momentum that took...
Bitcoin has tested the high of 2020 as support for the third time in the past 3 months. I know that many of you guys already know it but for the ones that don't, Bitcoin have never tested the high of 2017 ($19K - $20K) as support, the price just went straight "to the moon", and that's why you always hear people on the internet saying that Bitcoin is going to 20K....
Reasons why I'm bearish on ADA/USDT: - Clear Head & Shoulders pattern (and the graph is respecting all the H&S key prices) - Bearish Moving Averages. Buying zone: $1.28 - $1.29 Targets: 1 - $1.15 (+10.4%) 2 - $1.07 (+16.6%) 3 - $1 (+22.1%) Stop Loss: $1.315 (2.3%)
Reasons why I am bullish on this trade: * Bullish Moving Averages. * RSI divergence. * Breakout of a descending channel . * Is currently using an old resistance as support (weekly resistance/support *Orange Lines*), next resistance will be around $0.71, 76% higher than the current price. * It got close to the 0.786 Fibonacci retracement and went back up again,...
Reasons why I am bullish on this trade: * TLM/USDT is testing 0.618 Fibonacci retracement. * Bullish Moving Averages. * RSI divergence * Ascending Channel Buying zone: $0.1037 - $0.1104 Targets: 1 - $0.1350 (+24%) 2 - $0.1575 (+45.5%) 3 - $0.1666 (+54%) 4 - $0.19 (+76%) Stop Loss: $0.095 (-12%)
AAVE/USDT is breaking out from a descending channel. - It will retest the price between $233 - $242. (Buying zone) - Price is expected to reach a zone between $269 - $281. (Take Profit) Be aware that the price of most cryptos is deeply connected to how Bitcoin moves, if Bitcoin holds between $34700 - $36500 I strongly believe that AAVE can test the $281...