Hi fellow traders, Crypto21Official here! 🚀
After a strong impulse in the crypto market, we’ve had a teaser of what could be an alt season. The crypto market cap chart (excluding the top 10) showed a beautiful surge to $450 billion, a key level that marked the recent high.
Since then, we’ve retraced around 27%, and the downtrend appears to be losing momentum....
NVIDIA is showing a bullish uptrend construction, with key levels highlighted on the weekly chart.
The stock has dipped into the latest higher high level, finding support around $124.
The recent range has retraced 16% from the top, reflecting a healthy pullback within an uptrend.
If the $124 support level holds, there is potential for a higher timeframe bullish...
Hi fellow traders! 🚀
AMC has been tunneling down in a steady downtrend on the 1H chart, but things are looking up! Recently, AMC broke out of its range, found solid support, and respected a new bottom – a promising sign that a reversal pattern is forming.
Here’s the current technical setup:
Support Levels: $4.00
Resistance Levels: $4.30, $4.63, and $5.00
$5.00...
Hi fellow traders,
Bitcoin DERIBIT:BTCUSD.P is declining a bit and making a nice downwards structure on the 1H frame. What we can see is building resistance on the 58K level.
We can see that the short-term foresight shows a possible resistance in the form of a trend-line rejection. Additionally, a possible rejection from the exponential moving average (50...
Hi fellow traders,
In this idea I have drawn daily supply and demand zones, although the zones of interest exist out of large ranges I think the combination of approaching both a long- and short-term supply zone and a forming rising wedge we are looking at a rejection from the 1h supply zone level.
I will wait on the lower timeframe to confirm the rejection,...
Hi fellow traders! There is a great possible LONG position on Bitcoin, placing the stoploss below the trendline can yield a nice daytrade on the short-term.
Happy trading ^^
Hi fellow traders,
We broke the important 60k level, I'm taking an option for a LONG position. But only for the right price.
Stoploss right below our demand zone and take-profit level just underneath the next serious supply zone. Somewhere in the middle we have some resistance at 61,500 could be a possibility to take some profits or when it's crushed to add to...
Hi fellow traders,
There is a descending triangle formation on Bitcoin, this gives a good indication that we might be looking at a breakdown in the upcoming 2 months.
Support on higher timeframes seem to pick up around 25K, we could look at a free fall from 28K - 25K.
Happy trading ^^
FTX:BTCPERP
