Overextended bearish cycle, bottomed out at 0.8950. Hawkish USD outlook pushed price to the upside. Last week was flat. Where will price head this week? Continue to the upside? Have a great trading week!
Dogecoin is a meme coin based off the Shiba Inu dog. Doge was created in 2013 and has unlimited supply, unlike bitcoin. Technically, we have had 3 bullish days which isn't something to take lightly, especially in this crypto dip, with price bouncing off the tagged support. Is 40 cents a realistic target for Doge in the coming days and weeks?
We took advantage of the downside movement last week on this pair. Check out how 4HR levels have been violated. Another bearish week? We have seen the JPY reverse last week after lockdown restrictions have eased for the majority of cities in Japan. We are currently at a key long term level in price - a break of this level will mean further downside movement this week!
Bitcoin is currently trading in a range between 30 and 40k USD. We predicted this some time ago, as well as the strong bounce off 30k. Where will price head next? There is plenty to be bullish about in crypto right now, investors are clearly looking to long BTC anywhere below 35k. Will we finally see a break above, or further choppy movement? Have a great trading day.
Here we can clearly see higher lows and higher highs forming, creating this ascending structure marked by the white trendlines. Key levels have been marked, including the bottom and top of current structure. We have seen some strong bullish pressure of recent times on this pair. Where will price head next? Drop your predictions in the comments!
Solana, a proof-of-stake, smart contracts-enabled currency, is aiming to raise $450 million in a funding round that was extended last March. The Solana ecosystem, which is backed by Sam Bankman-Fried, founder and CEO of derivatives exchange FTX, would use these funds to take on Ethereum supremacy in the Defi ecosystem Currently, we are trading in an ascending...
Are we going to see some bearish PA if we break this ascending trendline? Check out what happened last time we broke an ascending trendline! If we do see a break and downside movement, keep an eye on our marked shorter term key levels for potential bounce points and areas of support.
Daily Chart - Long Term Outlook! We can see price hovering around the 400 USD mark, at a key previous level in price. Will we see more bullish PA on this coin? We have seen KSM perform better than most coins as of late. What coins are you trading in the crypto markets?
We have once again tested 1.42 before a strong sell off. Will price continue to respect 1.42 or will we see a break above this week? Have a great trading week all!
Here is the DXY on the Daily Chart. We can see price is back in and around support and has bounced from this zone. Will we see some hawkish fundy's from the Fed to give the USD the backing it needs in the markets right now. Will the push from this level continue? Lets see what happens. Be careful with trading right now. End of month flows and bank holidays on Monday.
These long term levels still holding in crypto. XRP crashed down to 70 cents, a key previous resistance level several times. A long wick was left behind as investors flocked to buy XRP back up. We are currently testing the 1$ mark looking to push higher as the crypto resurgence continues! Did you catch this entry?
Here we have AJ on the Daily Chart. Price has been respecting this trendline and is currently pushing higher towards the 85 whole level in price that has acted as previous resistance. We are very overextended on this pair, with AUD strength and JPY weakness across the board for months. Lets see what happens on this pair if we hit the 85 level!
Price has broken this ascending structure and we can see is retesting the bottom trendline. Is this the first indication that price is reversing on this pair? Lets see if we get fundamental confirmation!
Here we have the Gold chart. You can see this ascending channel is continuing to hold. However, bears are currently keeping a lid on price and we have moved into a ranging market on the lower timeframes. Are we due a small pullback before another push to the upside? Any questions? Drop me a message!
We are currently testing 1.42 yet again on this pair. A potential long term double top formation has occurred. Will this, coinciding with the 1.42 whole level be enough to turn the tide on this pair and put USD bulls back on top? Always zoom out to the HTF and mark key long term levels - then scale down!
See how Polygon (MATIC) tagged 0.75$ before a strong bullish push the last 24 hours or so! Is this the beginning of a crypto resurgence after the flash crash? Keep an eye on Bitcoin. We are looking for a break above 40k USDT for more potential bullish movement!