$BTC Obvious game plan for Bitcoin today: Marked area should be broken otherwise we will keep falling, There are 2 support areas here as well that we should keep our eyes on them. Also don’t forget to monitor BTC.D, if Bitcoin falls and BTC.D makes a move then alts will suffer a bit.
Hello and welcome to my analysis: After a long time I’m back with another BTC chart. So the path for Bitcoin is clear here; If we want to get bullish and be quick about it, we need to surpass $44000 area which has been a very strong resistance these past 2 weeks. And not only that, we need to break $45000 as well which we only tested it one time. But as you can...
Welcome to another market update written by me: This can be a tutorial for people who use volume profile as an indicator for their trades and insights of the market movement. So basically When the visible range forms this shape, the possibility of having a fake bull flag is high and most of traders would get trapped. Following by the RSI bearish divergence,...
Keep your eyes on this chart for the next month, If this scenario plays out exactly like the chart above, then expect crypto market (especially Bitcoin) to PUMP like crazy. Fundamentaly speaking, U.S. dollar is already dead. Think otherwise? Let me know in the comment section. Cheers
Hello and welcome back to one of my newest market update, It's been a while, sorry for my long absence. So, we have a clear path here with $XTZ: breaking out from a consolidation zone with high volume, and retesting it multiple times and successfully holding the POB. We've had another attempt to reach the ATH and test it with very high volume, now we are just...
Hi, welcome to this quick update hope it can improve your perspective on the market. We are witnessing some huge volatility at the moment, but these volatile times are the best to fill your bags with some good and promising coins. 1.You can start Buying $LINK at this current low and aim for $26 as your first Target and $33-$34 as your second Target...
"This is NOT the Bear Market" One of the tools that investors and traders use in bull cycles is 21D weekly EMA. it indicates that whether or not we maintain on the uptrend. As long as we stay above this weekly EMA, this is a bull market. In the previous bull run, we had 7 major corrections. all of them were aiming 21D weekly EMA as support and every time the...
Let's review everything that happened from 18 APR: Bitcoin lost the support at $59k so we dropped to $56.7k which was the most important support level at the time. We all expect a bounce from there but the price directly went below there and turned it into the major resistance. Every attempt of reclaiming $56.7k resulted in a lower high and a lower low, until...
Technical-Analysis Coin: #UNIUSDT Timeframe: 4HR Position: #Spot Direction: #LONG R/R= 1:1/5 People call this one bullish so I did my own analysis. Price is at ATH and the discovery phase. From the Fibonacci extension, I call $43.7 as a possible target. 21D EMA, which is around 0.62 Fibo level is my ideal buy spot. invalidation is at $30-$28 So you can buy here...
Technical-Analysis Coin: #Bitcoin Timeframe: 4HR Position: #Low_leverage Direction: #LONG R/R= 1:5 Place some orders from $55000 till $54400, it appears that the dump is not over. 🔷Try to get an average entry below $55k and it's 1 to 5 R/R trade for you. Leverage 3X Stoploss is below the range low at $52775 (-13%) Target is $66700 (+60%) If somehow we gain...
Technical-Analysis Coin: #Bitcoin Timeframe: 4HR Position: #Scalp Direction: #NEUTRAL R/R= Not really a fan of diagonal trend lines but this one should hold for the bulls sake. With current PA action, I am not really a fan of longing $BTC here, best play would be longing around 200D EMA. If we break down from here I would consider $55000 as strong support, else...
Buy here and thank me later! Dominance is dumping + $ETH is pulling every other $ALTs with itself + $BTC consolidationg = Redemption for $EOS If $EOS manages to break that resistance level and reclaim it as support, our target will be achievable.
We broke out from the consolidation zone YAY, but where are we heading next?? In short term, I suspect $60820 is our final destination before another push down to liquid those high lev nerds. And in long term (which could be as near as next weekend), base on the Fibonacci extension , my targets are $62600 and $65152 . Remember that these prices are not...
Well, that's all I can see here, maybe I'm blind and we are not at the same structure as last month?! Tell me in the comment section if you have other ideas.
The chart is clear... BUY THE DIP if we dump today
Hello and welcome to this quick update: Since that last update, we have reached our second target on BTCUSD pair and beyond !!!! Right now Bitcoin is trading above $39k which is incredibly BULLISH and an all-time high is imminent in this upcoming week. Based on the Fibonacci extension that I drew on my chart, our target is $43.3k. but first, we need to break...
Hello and welcome to this quick update: As we all know, it was on 29 Jan that Elon musk, the famous billionaire, with changing his Twitter account’s bio to #Bitcoin pumped BTCUSD pair by almost 17% (+$6000) With the help of this great man, we ALMOST break out from the correction phase and even hit the first target of the Fibonacci extension, BUT, just like the...
Welcome to this quick update: As you can see, we are currently trying to break out from this bearish channel. If we succeed and break this channel with confirmation, then the next stop for Bitcoin would be the strong supply zone, locating at $34500. The bullish breaker for Bitcoin is also the resistance at $34500. Right now I expect a fake break out with...