today we are looking at BTC on the daily chart and we see a bullish triangle we ae currently breaking out of and we are trading still within this sideways box. We have a ton of open money sitting in multiple spots above and below the current price action. On the top and bottom sides of the bullish triangle we have money building up on both sides and we are...
Looking at Bitcoin on the daily timeframe we notice what we have been talking about the past 2 weeks is continuing too play out beautifully! We are respecting our uptrending line very well! We had a slight wick underneath but just like before we have held on perfectly with 0 closes underneath this level! something I noticed on the daily chart here with the RSI was...
Leave a like/comment if you enjoyed! Update from the previous charts posted for BTCUSD Daily timeframe! Have a great night everyone!
Taking a look at BTCUSD on the daily last time we spoke on this we were trading around the smaller yellow box which is acting like a sort of magnet, price action seems to be always coming back to these levels then struggling to breakout, Since then we have had a strong breakout and pushing up towards our potential short position, we are also trading within a...
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NOT FINANCIAL ADVICE!!!! My apologies for the scratching noises not too sure what that was, my mic wasn't working so audio was recorded through laptop! Anyways hope everyone enjoyed, leave any questions, comments, opinions below! Like and Follow!
Little Update on our recent ETH TA like we somewhat expected we saw a rejection off of the top of this triangle that we have respected during our whole time trading within it, now theres definitely some good reason behind this rejection we have multiple layers of resistance all at the same level, first of all the top of the triangle itself, the 50 day EMA, the 0.6...
Ethereum is on the verge of a potential breakout of this triangle, we have wicked up and above for the first time but have since came back down to just below the top. The very good news is that we are looking like we may see a daily close above the 0.6 FIB level and yesterday we had a daily close above the daily pivot point (teal) both of these are very bullish...
Taking a look at our BTC 4HR chart we have been talking about this for quite some time now but we are once again struggling with the 0.786 FIB level where a fall could most definitely be triggered. The pivot points show very clearly what i am taking about, after our 4HR recently the main pivot level has moved to right below where we currently sit, if tomorrow we...
Taking a look at our BTC daily chart we have fallen hard out of the bullish triangle pattern and now are pushing some crucial levels, the most important level as of right now is the 0.786 FIB level at 37.7K aprx, if we do see a daily close below this level it could trigger a bit of a slip to the downside. One critical level that we have fallen through is the pivot...
Theta is starting to look good we are currently trading inside of a bullish triangle sort of a larger scale one but we are steadily moving our way to the upside. We are currently battling a heavy resistance level and looking for a break to the upside, ultimately a break out and up of this triangle is the whole goal, now i wouldn't be surprised if we do overtake...
XRP has been performing quite amazing as of late with us rebounding out of the bearish triangle with a gain of nearly +60%, we had a little cooloff recently after our hot run to the upside. Now it seems we may see a little sideways price action before then jumping up another leg. Our main target or first goal would be the 0.2 FIB level at 0.903 cents, breaking...
Looking at our BTCUSD on the daily chart we notice that from last time we spoke on this we were looking for a potential breakthrough of the 0.6 FIB level and/or the 45K level, we got rejected after 4 strong wicks up and above here but this could have been expected too, we saw a big run up from our most recent bottom and a little cooloff couldve been expected for...
BTC is looking great here we are currently sitting underneath the 0.6 FIB level at 44447$ and we are looking for a potential break to the upside. The good news is that we broke out of the bullish triangle and aswell as the descending channel. A break above 45K is going to be massive achievement in the short term for us and will add some big bullish momentum,...
Hedera is looking very nice as talked about yesterday, we had a bullish breakout of our bullish triangle and another significant now support level at 0.254 cents (USD). Overall its looking like we could be in for a bit more of a run before cooling off for a healthy couple red days, keep in mind Bitcoin is the biggest factor aswell so we need to keep an eye on that...
Ethereums been getting beaten down recently following Bitcoins lead and we have been trading within a descending channel like we talked about last time, we had a brief fall out of this channel but have since recovered after finding support at the 0.786 FIB level, we have also regained obvious support at the 2618$ level. We have fallen out the downside of our...
Tezos has been pushing up solidly recently from around january 26th we have been on a steady rise, we are currently trading inside of a rising wedge which is actually a bearish pattern and i believe we could be in for a healthy corrective move coming up soon. Don't get me wrong i am overall very bullish on Tezos in the longer term especially but i think we are due...
Doing a little update from yesterdays TA and ill keep this one a little shorter! We have successfully broken out of the bullish triangle we talked about, keep in mind there is always the chance that we reenter this pattern before the real breakout happens, but either way we are looking strong, we have been steady rising for over a week now and we have taken out...