Cryptarch_
RENDER appears to be reacting to the fibonacci levels. Currently finding resistance @ the 382. If price starts to break above this level I believe the next natural step would be the 236 Conditional order long if we break 4.52 (which also represents a break of a downtrend on the micro Timeframe - zoom into the hourly) Setting TP @ 6.3 which is just underneath key...
RENDER appears to be reacting to the fibonacci levels. Currently finding resistance @ the 382. If price starts to break above this level I believe the next natural step would be the 236 Conditional order = long if we break 4.52 (which also represents a break of a downtrend on the micro Timeframe - zoom into the hourly) Setting TP @ 6.3 which is just underneath key...
Possibility that the RSI uptrend could break and this could lead to a rectracement. Finding resistance at 95K level. Next level down would be 89K Presents a long scalp opportunity: 93K TP
Looking at a bounce off the 718 fib. Break above downtrend would confirm Bullish momentum. Possible rejection form macro-uptrend @ roughly 0.17 Targets: Entry @ 0.071 TP @ 0.15 SL @ 0.064 RR 12:1 Advise low lvg
Possible move down to 85.5K - 86.5K over the weekend. Ocean of liquidity available at this region. Short TP @ 87K. Moves down to this level keeps the Weekly candle green --> anticipate a reversal moving into next week. Going long @ weekly open.
*please note that this chart has been "flipped" so is upside down. It's difficult to ignore the number of indicators and chart patterns that are signalling a move up for Bitcoin: - Bullish div in daily RSI - Oversold daily RSI - Breakout of downtrend (both RSI and chart pattern) - Near-touch of the previous ATH Etc HOWEVER this idea is a...
Long position Entry 2.10 TP 6.5 SL 2.0 Breaking out of daily RSI downtrend 📈 Believe that $3 price point has significance. Huge move up Sun 2nd March - believe that is a signal. Anticipate $3 to act as resistance, bounce up from the downtrend (approx 10th May), re-test all time high and then flip $3 into support. Upper target $6.82 however setting $6.5 TP for...
JOE has recently re-tested the all-time-low @ $0.13. ATH was $5.00 in November 2021 Uplift to ATH from current position = 2,800%. R:R ratio @ 123:1 Breaks above the downtrend could propel JOE to the ATH. Estimated flight time = 8 months (assuming symmetry with BTC halving cycle "top")
ATL for KDA = $0.126 Possibility of a retest should price break below local support @ $0.36 Variance from ATL to ATH @ 22K%
In the event of a retracement the P.A. for XRP could react to the fibs The 618 would present a nice bounce off the downtrend that has been in play since Jan 2007. Breaks below this could result in a touch off the 786 which would also coincide with the uptrend that formed shortly before the "pump" in Nov 24 Believe a new ATH will be printed c. $11 toward the end of 2025.
If Bitcoin breaks below the uptrend that has been in play since Sep 2023, I believe that said uptrend could start to act as resistance and that moves down to 52K are possible. Possibility of a rally into latter part of April shortly following by a significant move down to one of these levels: - the 618 - the downtrend that began to form in Mar 24 - the support...
85K is the 0.5 fibbonachi level measuring from the breakout of downtrend in Nov 24 to ATH. There is a liquidity Zone between 86-89K. Fair Value Gap between 77-85K Next liquidity Zone @ 74-76K. Which also marks the 0.5 fibbonachi from the swing low in Aug 24 to peak. 74K is also the previous ATH meaning that there are 3 points of confluence. Believe that the...
STMX has a support level between 0.002 and 0.00375. Breaks above downtrend would be bullish. TPs @ 0.09 and 20.00