Good day fellow traders, I would like to share my perception of BTC intra-day. Let's start with the outlook which in most opinions is a correction down. For me personally, the market hasn't decided yet. When looking at the recent correction on our indicators it shows both strength and weakness. Bears can't seem to get the price lower into the channel. While...
Good day fellow traders, CSPR structure is looking very solid. The potential for a strong breakup is surely there. Obviously, market maker BTC will be able to help if it makes its mind up:). First levels indicated, further upside more than possible, Goodluck and trade safe
Good day, fellow traders As you can see STX is in a nice position for a possible reversal and further upward movement. The position is favorable, with better management of risk reward. A wave 5 is surely on the cards. As always trade safe and nobody can see the order book. P.S BTC movement will help or stall Good luck and have Fun
Good day fellow traders, SPX food is a decent correction after the recent push. Currently breaking out of a bullish-looking falling wedge patter. still in a decent position looking at the possible targets. Good luck and have fun,
Good day, fellow traders, Above the weekly chart for Cronos, position wise it looks like a bullish reversal is possible. Looking at the daily chart we see further signals for a bullish continuation. We had decent sideways consolidation, with MACD and RSI showing plenty of room for upwards pressure. The current entry is riskier because of the position within...
FYI, It can never hurt to have a look for sentiment, value proposition, trend, and, levels to gauge where we are standing. Enjoy and trade safe, Regards,
Good day fellow traders. I hardly post these days. But for the purpose of sharing some views. You could say Logic> retrace vs what does the structure tell you. Let me be clear always be bearish aka sensible. Before you make a decision!!!!! I expected a correction of larger size in the last week. So what is happening We are currently in what seems to be a 5ft...
Good day fellow traders, Last week I posted about XRP and a potential setup, warning for more confirmation needed and, BTC price action: for more information about XRP. Overall, I am still Bullish on XRP and seems to be in a nice triangle set-up that will soon test the resistance at the $1.95 area. Obviously, BTC can always impact a trade, but XRP held up...
Good day fellow traders, Terra needs to be on your radar here, position-wise it's not at an ideal spot to enter for a trading opportunity( middle of the range), only with the right experience plan. In that regard, our risk-reward ratio is still 1:4. - MACD looking like it wants to move - DMI and RSI at a healthy location - Consolidation since 24th April, after...
Good day fellow traders, It is time to watch your XRP assets, the market is likely to soon make a decision on where it wants to move. Even dough it isn't a convincing bullish momentum, there are more positive than negative signs. - Healthy retracement from previous high 38.2 fib and ABC correction. - Candle formations on 12H and Daily show a close battle...
Good day fellow trader, Filecoin might be getting ready for a shift in momentum. We are at the low of the larger range, healthy correction 61.8. Close to support which gives a good risk-reward set-up. Buy up to $142 SL $119 The rest of the targets on the chart is mid-long term chart. There are interesting levels in between for profit-taking. Move SL once in...
Good Day, Zcash has a lot of positive signs going for it. - MACD had a decent rejection of the Bears - RSI comes from a fairly stable flow around the 50, which indicates potential in the market for upward movement - DMI is crossing on 12HR timeframe - Healthy correction from 16th April high - Steady upward movement - Testing $267 resistance with persistence -...
Good day fellow traders, Even dough BTC is doing its own thing. For a quick day trade, maybe a swing its worth looking at BCH here. There is some nice consolidation the last days, with less volatility than most other alts relative to BTC . This could indicate strength, somebody is still buying, even if the larger market is selling in crypto. Buy at the bottom of...
Good day fellow traders, In the upcoming days ill keep my eyes on Nem for possible upwards moves. The broader trend is narrowing atm, which can indicate a possible reversal pattern in the making. We are on the 100 EMA and 50 SMA which joined up. Close to 0 lines in MACD and VFI volume ready for expansion growth > momentum. Keep a sharp eye on the daily candle...
Good day to all, PIVX is looking strong in the current position. The conditions are in our favor across the board. - MACD Crossing on Daily-timeframe - RSI Looks good - DMI steady bullish - Larger picture channel and upside potential are clearly visible. Supported by the breaking momentum that is upcoming. - First resistance zone around $1.97 - Good...
Goodmorning Traders, A colleague asked me to look at Dash-USD I thought it might be nice to explain how I sometimes confirm a trade for either opening or closing. I know the chart looks busy, but in chronological order, Ill explain my steps. Marked by the symbols +/- or neutral - First look at the levels on Daily for support and resistance, potential stop...
GoOd Day Fellow Traders, BTC is working itself out currently, indicators show weaker signs across the board. Volume isn't strong enough to push the bears out of their position confirmed by our RSI. A solid test of our period trendline happened yesterday, mark by close positioning of the 100 MA in yellow. Our $54.000/ $55.000 K support area seems to be breaking on...
Good Day fellow traders, Some interesting days are behind us. We saw a healthy correction during the last days. This was established after the renewed interest in BTC and ALTS starting half of April. Something that was striking and showed itself was a market where both bears and bulls lacked real strength. Which indicates to me a market is ranging mostly. With...