On the weekly timeframe, the price action of the previous two candles shows serious rejection from the 40-Day EMA. With the monthly candle likely to close above $60,000, the overall market sentiment remains very bullish. The price of BTC/USDT is currently sitting around $64,000, and I wouldn't bet on it going lower than this. We see a confluence of horizontal...
Yesterday, I posted my outlook on TOTAL3, but it was taken down by TradingView. I will be reposting the same idea. I believe a $600B-$615B valuation on TOTAL3 is a good time to enter into strong altcoins that you have conviction in. I expect the market to hold this area for the upcoming monthly and weekly candle close. As long as it holds this zone, we're...
On my previous analysis, I mentioned that $64,000 is a good bid and that the price action was not expected to go much lower. Now, BTC is retesting $68,000 again. What should we expect? There are two likely scenarios that I can provide: - BTC price action trails and bounces every time the price touches the 7-, 13-, and 21-EMA on the 4-hour timeframe for the next...
In my previous analysis, I mentioned that $64,000 is a good price to place our bid and not to expect the price to go much lower. Now that BTC/USDT is sitting at $66,200, what should we expect next? We want to see the price retesting the $68,000 zone and moving higher to create a higher high. However, I think any close above $67,000 for this week would be good...
I've been queuing for this 7:1 RR trade since Monday and missed the entry by $0.0013 😅. It is what it is. Looking to enter if we can get a touch to the 7-EMA on the 4-Hour timeframe. Let's see how this one goes!
Here's my analysis on TRX/USDT: TRX/USDT is looking very strong! I'm looking to enter a TRX/USDT trade if it hits the 40-EMA on the daily timeframe, as it has bounced off that zone several times before, with 0.164 as our target.
In my previous analysis, TAO/USDT followed the path that I drew perfectly, giving us a good entry for continuation on the 21-EMA Daily Timeframe. However, if you haven't entered yet, the better trade is to wait until the price action breaks above the $360 Weekly structure and then enter on the retest. Eyes on this one!
In my previous analysis, we entered the TAO/USDT trade after observing price action on a lower timeframe. We hit our target 1 right on the mark! Now, what’s next? We’ll wait for the price action to develop before entering a trade for continuation to the upside. We might want to see a break above $360 first and then enter a trade on the retest. Personally, I...
Here's my idea on ONDO/USDT: ONDO/USDT has just reclaimed its long-term bullish trendline. With the current monthly candle looking very strong, I think closing the month above $1.20 is very likely. We might even see the price boom to around $1.70 very soon.
Here's my idea for RNDR. After breaking out of daily 21-EMA bearish trendline and printing a bullish reversal pattern, I think around $7 is a good place to enter. We might see a new ATH in the upcoming month! Let's see how high this one goes!
Here's an update on my previous market outlook for BTC/USDT: We are now expecting a deeper retracement as sentiment changes. Consider taking profits on our previous trade and waiting for the price action to develop. It's possible we'll see the price moving to the 58K CME gap. I'm still expecting this month to close above 60,670 to maintain a bullish view on the...
BTC/USDT played out better than we expected based on my previous analyses! In my last analysis, the idea to expect a retracement from 63,000 to the 60,670 zone was valid only if the daily candle didn't close above 63K by much. However, Bitcoin closed at 64,700 today, so we need to adapt! The chance of Bitcoin retesting 60,670 is much lower now. However,...
In my previous analysis, I expected Bitcoin to move up to the 62.5-63K zone despite the bearish sentiment around. Now that we've hit our first target, what should we expect next? Here's my updated opinion on the most likely scenario for BTC/USDT. We're expecting the next daily candle to retest around the 60.672$ zone, where there will be a tight battle between...
Always pay attention to strength in bad market conditions. While most other meme coins are suffering today, GME is showing strength and is currently sitting at the trendline with piles of EMA support. I think this one looks very promising 🤞
While it’s true that Bitcoin broke downward from a 4-month consolidation, it’s still not confirmed yet as we still have almost 22 days left until the monthly candle close. I believe what we’re seeing at the moment is a huge fake move. Here’s my idea on the most likely scenario for Bitcoin.