MBM_Crypto

MBM_Crypto Updated 

Here's a quick Look at LUNC 30 min chart. The best entry would be when the price breaks above 0.000451$ with a good amount of volume. ------------------------------------------- The idea is: Buy when the price breaks above 0.000451$ and take profits at the levels shown in the chart. Targets: 1. 0.000465$ 2. 0.00048$ 3. 0.0005$ 4. 0.00052$...

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Here's a quick Look at LUNC 1 hr chart. As we can see, the price has been forming a bull pennant and a break to the upside could be around the corner. If BTC goes south, then this setup won't be relevant. The best entry would be when the price breaks above 0.0000255$ with a good amount of volume. One to keep an eye on. -------------------------------------------...

MBM_Crypto

Here's a quick look at the BTC daily chart. As we can see, the price broke below the bear flag ( Rising channel ) and if the price doesn't hold above the crucial support zone, then we should expect BTC to go down much further. The technical target of the breakdown is down at 11.5k! For now, I do expect us to revisit 18k at least, but let's wait and see what...

MBM_Crypto

Here's a quick look at the BTC daily chart. As we can see, the price is currently breaking below the bear flag (Rising channel) and if we get a daily candle close below it, the target is down at 11.5k! Not saying it will get to 11k for sure but that's the technical target. For now, I do expect us to revisit 18k at least, but let's wait and see what happens here....

MBM_Crypto

Here's a quick look at the BTC log. chart. In its second bear market, BTC retraced 87% from ATH and the bear market lasted well over 600 days. In the third bear market, BTC retraced 86% from ATH and the bear market lasted 480 days. In the current bear market, the price has retraced around 73%. If the bear market takes the same path as the previous bear markets,...

MBM_Crypto

Here's a quick look at BTC daily chart. BTC is currently not looking too good. BTC needs to hold above 20k or we will probably see a bigger drop. Also if DXY keeps rallying, then expect more downside for BTC! Altcoins are extremely high risk right now - Trade Safe! ------------------------------------------- What Is a Wedge in the context of trading?: "A...

MBM_Crypto

Here's a quick look at the weekly XRP chart. As we can see, the price has been in the bigger falling wedge for some time now. If we want a reversal, we need a break above the falling wedge , and also keep above the resistance zone . Otherwise, the price will continue to oscillate lower. ------------------------------------------- What Is a Wedge in the context...

MBM_Crypto

Here's a quick look at the daily BTC chart. As we can see, the price has been on a downtrend for several months now, and it doesn't seem to be reversing anytime soon. The price is currently very close to a break to the downside from its current rising channel. The most important level to hold above atm. is 20.5k. If we lose that level, the price will eventually...

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Here's a quick Look at QNT 1 hr chart. As we can see, the price has been forming a falling wedge and a break to the upside could be around the corner. If BTC goes south, then this setup won't be relevant. The best entry would be when the price breaks above 125.2$ with a good amount of volume. One to keep an eye on. -------------------------------------------...

MBM_Crypto

Here's just a quick look at the weekly BTC chart (Not a detailed analysis): The market has held the 22.5k level very well and a relief rally to 27k is expected at this level before we see more downside! The downside concerns arise from the China - USA tensions, and if Taiwan gets attacked by China, we may see massive south-going price action. Trade safe!...

MBM_Crypto

Is the dollar ever going to recover from this massive crash?! The dollar is going to weaken even more in relation to the ruble in the coming weeks. Gold currency always wins over a fake currency! This isn't a deep analysis but just sharing the the chart view - It looks insane :D

MBM_Crypto

Here's a quick look at the weekly chart for BTC. As we can see, the price broke below 30k and is currently struggling to get a daily close above 30k. A weekly close below 30k would be a further confirmation of the bear market and will probably lead to further price dump. There's next to no support betweek 29k and 20k and if the price doesn't manage to get back...

MBM_Crypto

BTC broke below the 30k support and had a daily candle close below it. The price is currently in no mans land aka no support zone and no one can say for sure where BTC i heading BUT it for sure doesnt look good. The probability for the price to go lower is very high atm. We should be very careful at these levels. We could see a very hard rejection from the 30k...

MBM_Crypto

BTC is entering the No support Zone and it could get very ugly here. It should be mentioned that Alts are going to get absolutely rekt, if we see btc at 20k! Im not saying it will definitely go to 19k but the price has put in a new lower low at 28k and if we get below 28k then the price will be entering a zone in which there is no support and thus the risk of...

MBM_Crypto Updated 

Here's a quick Look at GMT 2 hr chart . As we can see, the price has been forming a symmetrical triangle and a break to the upside could be around the corner. We need BTC to get stable before it is safe to trade. The best entry would be, when the price breaks above symmetrical triangle with good amount of volume. Definitely one to keep an eye on....

MBM_Crypto

Here's a quick Look at GMT 2 hr chart . As we can see, the price has been forming a symmetrical triangle and a break to the upside could be around the corner. We need BTC to get stable before it is safe to trade. The best entry would be, when the price breaks above 3.45$ with good amount of volume . Definitely one to keep an eye on....

MBM_Crypto

Here's a quick look at the OGN 2 hr chart. As we can see, the price broke out previously from the bull flag and is now trying push further to the upside. If you didnt catch the immediate breakout form the bull flag, Then the best entry would be when the price breaks above 0.66$ with good amount of volume. Definitely one to keep an eye on!...

MBM_Crypto

Here's a quick look at the APE 30 min chart . As we can see, the price is cooling off in a falling wedge pattern after its massive move few days ago. A falling wedge pattern is a bullish pattern, hence we should keep an eye on this setup - especially at the breakout level. The best entry would be when the price breaks above 14.4$ with good amount of volume ....