I think it is almost time to hit the BUY, I'm expecting a drop from Bitcoin as there's so much resistance above it, thus help bring DOT to around $3 to $4 region for a perfect entry, my target still remains $14 to $16 . Good luck 🍻
Throughout the bear market this has been one of my trusted trading strategies, and it is using the RSI to my advantage, take the SHOT trade as pointed out on the chart using 1 day TF
From a 1 day TF, 17600 could be the shot zone that will take bitcoin to 14k regions for capitulation and if 14k fails to hold, then 10k zone will be the magnet
After a clean breakout from its Bearish Wedge, and then a retest, it is expected to hit 143.5 as its first take profit and then take profit 2 at 142.7 region before finding a Demand Area. Happy Trading 😊 🍻
Are you set for what is coming next on Bitcoin chart? 15700 has been fulfilled, next stop still remains 18k, and later 18,600 afterwards we go down to 14k, and if it fails to hold, then 10,300. Cheers 🍻
I think we are in capitulation season, BTC next important supply areas are pointed out on the chart, 14k isn't in yet, or even 10k region, so be on a look out, some altcoin are going to pump a bit too. Cheers 🍻
I just spotted EURUSD breaking to the downside from it's Rising Wedge formation, hence this call. Entry 1.03 , Stop Loss(SL) 1.035 and Take Profit (TP) zone at 1.009 , let us see how this trade goes 😀 🍻
Bitcoin will form a bull trap 18,100k maximum, most people will get carried away, then the shot will follow 🔨 😉 that will take it to 14k region, if it fails to hold, then 10,300k will be the magnet 🧲. Happy Trading 🍻
A beautiful Head and Shoulder has been formed on the 4 hr time frame on Gold and just broke out, boys in kitchen, you know what to do next 😆 , Entry 1750 and TP 1710 region. Happy Trading 🍻
If Bitcoin decides to bottom at 10,300 as it's monthly support/demand zone, then DOT will bottom around $3.7, so it is advisable to DCA your entries till it bottom there on spot, and then wait to TP around $14 to $16.
1.186 is a strong support on the 4hr time frame, using a Rally Base Rally (RBR) strategy, our final target is 1.2 Let's see how this trade goes.
All thanks to the CPI news, that made most pair breakout from the down trend, like I will always tell my students, " the only thing that can alter a Technical Analysis is Fundamental News. Well, from a technical point of view 1.036 is a fresh Supply area and allot of traders will hit the sell button there either scalping, day trade or even swing trade it. I see...
ETH not looking good, and might drop to $550 region, we all know Bitcoin controls the market, the only thing that contradict Bitcoin is Fundamental on some projects, that not withstanding, Ethereum could drop to that region. So trade safe guy's 🍻
2015 bear market was 86% deep , 2018 bear market was 84% deep, now BTC bear market in 2022 is not up to 80% plus yet, and if that was to play out in this bear market, then $10,300 will be the target because that's where our monthly support is. But from the current state 14k remains bitcoin target if it fails to hold, then we are going to $10,300. Have a win win...
0.084 was a strong support and has held firmly, we could see a quick rally tp 0.1144 region before a drop to our weekly support aroound 0.06 area as illustrated in the chart. Happy trading 🍻
Bitcoin hasn't bottomed yet, on the 1 hour time frame, I just spotted a BEARISH FLAG, this would take it to 14k region and hopefully 14k support holds it. CPI news on the 10th of November gave a massive boost to the stock, commodities and some FIAT pairs like EURUSD etc but somehow slowed the fall of BTC prize. Nevertheless we should keep an eye on 14k region.
0.00000725 will be a trong support for SHIB which should be watched out for on this next retracement about to happen. So much resistance preventing it from going higher.
Are you ready for this drop? 18,200 - 18500 region will send Bitcoin to 14k region which i see as a strong magnet 🧲, withing this periods is capitulation where whales stock up their bags for the bull run. 🍻