GarateTradeCrypto

GarateTradeCrypto

XRPUSD is in a downtrend trading phase. There is a high probability of coming to the 0.58 liquidity zone, according to the Fibonacci Divergence strategy. The formed local support level will break through, perhaps not on the first attempt.

GarateTradeCrypto

Technical analysis on Litecoin shows a bullish trend, now the upward setup is starting to gain strength, I expect a stormy start next week. The price of LTC needs to close the imbalance at the level of 105$. On the histogram, the divergence confirms the Fibonacci setup.

GarateTradeCrypto

Divergence on the RSI indicator. The histogram changed its cycle to bullish, we left the oversold zone, and the volume indicator shows the pressure of buyers. There is a possibility of a squeeze with the update of the loy and the same rapid upward price movement. Not financial advice.

GarateTradeCrypto

I closed a short position on Bitcoin, a high chance of a rebound to 30,500 - 31,000, after which we will continue to decline to the levels of 0.618, I indicated a wide area on the chart. Now the volume indicator indicates strong buyer pressure at all time frames.

GarateTradeCrypto

At the current values of the S&P500 index, Bitcoin was priced at $55,000-$59,000 in 2022. Unfortunately, starting from around May, Bitcoin has completely lost its correlation with the S&P 500 index. Despite the S&P's rapid growth of over 10%, Bitcoin has remained relatively stagnant. To make matters worse, if significant downward trends occur in the S&P 500,...

GarateTradeCrypto Updated 

I choose a plane plan. What is your choice? The strategy is based on Fibonacci levels and divergences. I recommend looking at my RSI indicator with support and resistance levels, convenient for analysis.

GarateTradeCrypto

We see the last execution of the Bear Triangle pattern, from the beginning of the bear market on November 21, 2021. Starting from May 5, the formation of the second identical pattern began, now we have come to its execution, this explains the instability of prices. Everything points to a fall. The price is not stable, as is the mood in the economy. The exit from...

GarateTradeCrypto

BTC Bearish Pattern and Fibonacci