Dydx followed our initial trading plan, breaking out the bearish trendline. I will wait for a deeper retest around the 50EMA and look for buy opportunities. This project is a good project to hold in SPOT for the longer term too. //Dydx siguió nuestro plan de entrada inicial, rompiendo la línea de tendencia bajista. Esperaré un retesteo más profundo alrededor de la...
I am watching this possible entry on retest of this area of high volume of transactions. We broke a very big bearish trendline and retested it successfully. The chart looks healthy possible trend reversal. // Estoy observando esta posible entrada en una nueva prueba de esta área de alto volumen de transacciones. Rompimos una línea de tendencia bajista muy grande...
I literally love this chart, that does not mean it will play out but this is beauty represented with technical analysis. We are approaching a key resistance area and looks like price wants to break it. If we have a breakout and a successful retest plus if Bitcoin rises more which I think it could due to the confirmation it has given us it could be a trade to leave...
In my previous analysis of Bitcoin I made clear that we were inside a range of accumulation and I was waiting for a confirmation to give us clues of what direction the price will follow, the day has come! We can see a powerful move breaking $45,000 resistance area if we do not come back in to the range and find support I think it is a huge step towards a possible...
opened a long position in GRT, bullish flag with the pole and the actual flag. We bounced from a strong support and now we are breaking out the flag and retesting. // He abierto una operacion de compra en GRT, bandera alcista con el mastil y la bandera en si. Rebotamos desde un fuerte soporte y ahora estamos rompiendo la bandera y volviendo a retestear.
I am opening a long position in Solana. It has formed a trendline breakout pattern. Structure looks bullish and we found support on the 50EMA, if Bitcoin continues rising I think breakout of this trend can happen. // Estoy abriendo una posición larga (compra) en Solana. Ha formado un patrón de ruptura de línea de tendencia. La estructura parece alcista y hemos...
Trendline breakout pattern, huge value area and price in small range of accumulation. P.S remember to use smaller voulume on your positions as Bitcoin is still inside a range an everything could happen. //Patrón de ruptura de la línea de tendencia, área de gran valor y precio en un pequeño rango de acumulación. P.D. Usar menos volumen en vuestras operaciones ya...
Trendline breakout pattern and resistance breakout. Beautiful downward channel being broken, if Bitcoin holds we could see price retesting next resistances. //Patrón de ruptura de línea de tendencia y ruptura de resistencia. Se está rompiendo un bonito canal descendente, si Bitcoin se mantiene, podríamos ver que el precio vuelva a probar las próximas resistencias.
Cardano is showing an incredible pattern @LRomero falling wedge and volume keeps increasing on every drop, if Bitcoin rises I think we could see a nice pump in Cardano. // Cardano está mostrando un patrón increíble @LRomero cuña descendente y el volumen sigue aumentando con cada caida, si Bitcoin sube, creo que podríamos ver una buena rotura en Cardano.
Algorand chart looking amazing, falling wedge breakout finding support on retest and Fibonacci levels. With Bitcoin likely visiting next resistances we could expect an upward move. //El gráfico de Algorand me encanta, la ruptura de la cuña descendente encuentra soporte en el retest y los niveles de Fibonacci. Dado que es probable que Bitcoin visite las próximas...
My view of Bitcoin at the moment, we are still inside this infernal range of 74 days. Until we do not break it I am still with a neutral sentiment of the market because we have no clear direction. We saw Bitcoin breaking the trendline and found support on the 50EMA I think it is possible for Bitcoin to approach the higher part of the range around 45,000$ area....
Luna is making a nice trendline breakout pattern, it found support at Fibonacci levels 0.618 Breakout patterns with Luna have been working great as there is a lot of hype behind it. It is the second most staked crypto of all the market following Ethereum // Luna está haciendo un buen patrón de ruptura de línea de tendencia, encontró soporte en los niveles de...
The price of Bitcoin is still on a range. I am waiting for a confirmation to have a clearer idea of where the price is heading to. Those are the key areas and confirmations that I am waiting to see.
One thing I know for sure is that something big is cooking inside this range guys. Price stays inside a range because whales are doing their transactions keeping the price oscillating without too much manipulation. Look at the example on May 2021 clearly this range was used for accumulation of buy positions, candles were leaving us nice bullish wicks for then a...
Weekly candles looking bearish, we need to wait for the last one to close and see who is control, at the minute bears are clearly in control. We found resistance at the 50EMA as well. // Las ultimas dos velas semanales son bajistas, tenemos que esperar a que cierre esta ultima vela semanal para ver quien esta en control de la situacion, pero por puro analisis...
Shiba is looking weak and is making a trendline breakdown pattern, we rejected the 50EMA but we have no confirmation yet. However we have a few touches to the trendline and price is squeezing towards the trendline I think we can open a short when we see confirmation. //Shiba esta mostrando debilidad y está haciendo un patrón de ruptura de línea de tendencia, aún...
I am looking to trade this set up if small pull back happens: We can see an stop loss hunt with volume increase under that support and a beautiful trendline breakout pattern, wait for retest and load up your longs. //Estoy buscando entrar en esta posicion si ocurre un pequeño retroceso: podemos ver una caza de stop loss con un aumento de volumen debajo de ese...
Bitcoin has been ranging between 33,000$ area and 45,000$ area for 70 days. Until we do not break and close a candle above 45,000$ area would not consider the price to do a reversal as off yet. As Adrian says we have weekly 50EMA acting as resistance. Be patient and watch out for possible pullbacks and better long entries.