Hi there, So many were calling for shorts and few were calling longs but in real what's gonna happen ? Well my answer no we can't say the least we can do is predict the possibility of happening but we can't sure it's gonna happen. So without any confirmations in price actions of the assets never take a trade based on the predetermined decisions, one must able to...
Hi there, It has resistance at $0.9370 ofc it's not a high reliable unless it got reject from there once again, but the idea behind this short trade is, four pivots here we need to consider - volume,RSI,MACD, pattern formation Volume : raising volume after rejecting from resistance is pretty much observed low for now which concludes low interest in current...
Hey Guys, Update on Market No one knows what's going to happen. Trading is all about being able to read between the numbers, it's an art which empowers us to be able to make decision upon understanding the market. This world works on patterns, everything you come across will have a pattern, they say world is full of randomness, yes it...
I have been busy lately, here is the FTM setup I'll explain in few words considering my time. After a good rally making short term higher lows, market has been in consolidation phase from the past few days. Likewise during the consolidation period FTM formed symmetric triangle pattern which is also know as continuation pattern!! based on the current scenario it...
Well how to start !! Everything is in green from the past few days so as UNI, it's in nice uptrend heading towards the resistance which is at around 6% above from here ( Resistance at $8.146). Currently it's in middle of the river, so what to do now? IMO as $BTC is testing it's breakout zone, I see no reason to be bearish for short term atleast it doesn't mean...
Market has been green over the past three days ! so good to see these kind of rallies after a long time. Moving to the XLM chart ! here's the thing, the pattern you are looking in the above chart is known as cup and handle pattern. As we all know BTC had broken it's range high in which it had been traded from the past 28 days, adding to this XLM had broken this...
Hey guys, MATIC has been outperforming every other alt coins in this relief rally, as bitcoin is trading in the fixed zone from past 28 days currently it's heading towards the resistance zone while majority of the coins are forming bullish breakout conditions, coming days are gonna very crucial for entire crypto market. Irrespective of our thoughts, we have to...
Crypto Market is in consolidation phase lately, as we know during this consolidation phase more likely assets form either continuation patterns or trend reversal patterns ! Here ADA against USDT forming ascending triangle pattern, indeed we can have breakout either way but IMO the breakout is likely upwards and it's interesting to make note that BTC experiencing...
Requested Analysis Analysing current scenario, AAVE/USDT is in uptrend in fact but the upward moment with decreasing volume, In fact it flipped $71 resistance to support but not able to grab much attention there, so I'm expecting trend change soon indeed towards the 0.5 Fib range there if it finds support we may see a move towards resistance zone at $76. Note...
Most ALTs haven't tested the main resistance level yet and even though they rejected beneath the resistance still there is a smell of bulls in the price action. Yes not so much interest yet but i'm expecting something more likely upward towards the resistance zone soon. But like i say market emotions change with the time so we must not stay rigid, we need to move...
Symmetrical Triangle pattern !! ADA entry range and target points are give look at the chart! go through the explanation which provided just recent post I'll provide it's link down this post!
Hey Traders, Green all day, well yea it's so good to see ! Apart everything happening - Matic about to form Broadening bottoms!! Please make note that one can say pattern is completely formed only if it forms two alternative Highs and Lows, as we can see pattern isn't completely formed it's about to form 4th point which is lower high! Infact as of now we can't...
No time to explain!! But one thing is sure no pattern has 100% win probability, manage your risk according to it ! In the above chart symmetrical triangle broken falling resistance line - Upward breakout. It's your choice to play accordingly ! I had indicated final target which is at around $0.59 if you wanna take the trade please make note it's my final target !
ADA against USDT forming descending triangle pattern - More likely to break downside !! i repeat it's not for sure but high probably downward breakout, What if it break upwards then also we can expect the same result but in upside with high volatility / volume. I'll update my entry range and target points soon here !! It's gonna be crazy cause once the pattern...
After a long downside rally entire crypto market is now in short period consolidation phase! One thing to remember many so called experts are calling the bottom but well we all know "No one on this earth know what exactly market is gonna do in next few hours or few days, just we can analyse. Just i have one advice for you don't try to predict the moves just read...
My trade setup for ADA right now. I'll update more details soon. not to forget place stop loss below Fib 0.5 level after trade triggered.
Downward breakout through the descending triangle pattern, Looking at the market conditions there will be retest towards the breakout point which is my entry range. It needed to be observed that the retest must take place with low volume therefore indicating weak retracement so that we can enter short side. I'll update once my trade entry got triggered in the...
It's awesome right, from past few hours market moving pretty upside !! Hey Welcome back - I have something to say First let me start with overbought condition, after good rally most of the crypto's are reflecting overbought conditions. How bad it is ? Let's just say for short term may be it's better if we look for shorts and so MACD added much more...