Folks, I have always traded in the USDT pairs.. Well I have learned many lessons lately and 1 of them is to gain more bitcoin while in a bull run.. Cause' it is the mother of all coins and most value. Check.. Imagine you have 1 ETH worth of $1000.- and 1 Bitcoin is at the same time $10.000.- then ETH/BTC is 0.1 BTC Later when the market has gone up your ETH...
Folks, Here is my daily update about the bitcoin/usdt pair.. As many of you know I am a fan of the daily and the 4 hour chart.. We see a daily vs 4 hour fight going on.. The 4 hour chart is telling is us be aware of a possible decline in price because we see a candlestick pattern that is known as a REVERSAL pattern. Plus if we can't break this resistance...
Folks, There is a nice probability on theta fuel to make some profits coming hours/days.. We see a double bottom, with the breakout and that has tested the support line and we are moving up again. At the moment of writing with a nice big white candle. Not with a lot of volume behind the move.. I think we will retest the half of this candle in the next candle...
Folks, These are possible scenarios. I have looked in the past how price tend to react when a double top is being formed. Well you see the declines in price. When this double gets confirmed (this recent candle should close where it is now) then you expect price to fall back at around $43.-/$43.5K. This is line with the fibonacci retracement points. Again it...
FOLKS, This post is in conjunction with the post before this one. It should have displayed under each other but it didn't.. We see strong divergence in price / momentum. This doesn't mean a 100% decline in prices. Because there is only 1 institutional investor needed to push prices higher and to make this technical analysis as nothing worth! I only want...
Folks, the past can tell us a lot of what to expect in the future. Of course we don't know what is going to happen. But you can prepare yourself and educating yourself in some scenarios. We are trying to break out above the 200 day MA on the daily chart. Nothing new. This situation has happened multiple times before.. Look at the circles. Sometimes it fails...
Folks, As you see sandbox is still trading in the trading range and while in this trading range we see impulse moves. Price is making higher highs and higher lows in the new moves after reaching the bottom of the total trading range. The trend line shows we are going up again and we are accumulating strength to break out soon. Keep patient and be ready for...
Folks, How you doing today?? As I am taking a more in depth look in the 4 hour bitcoin/usdt chart I see a Elliot Wave being completed.. And as we approaching resistance again we see prices tend to reject breaking out resistance (when writing). IF price tend to reject breaking out we will form a double top and that means high probability of a decline in...
folks, THIS IS FOR PEOPLE WHO ARE EDUCATED... a simple but so powerful strategy is here.. when you are an educated man/woman and have studied the markets and the way they possibly work. Imagine you would have started at the beginning of bull run with 10K and you buy the corrective moves/dips and sell after hitting the top (confirmation lower price ) And only...
Morning Folks, Bitcoin will survive and we will be alright. After all. What I am certain to advise you is when you read my technical analysis or other peoples technical analysis always in to account that you never know what is going to happen next. Even if all the technicals tell you or shows us that the price has a HIGHER PROBABILITY of moving upwards the...
Folks, Read the information in the chart.. We have made a breakout now we are in a bullish flag because people are taking their profits. Bulling flag is more often than not a continuation pattern and will most likely continue it's prior trend. and that was up! I have put my buy order at $0.28600 because of the candles preceding this 4 hour candle have long...
Folks, Are we ready to break out again ? Read chart for information.
Morning Folks, Here is Polkadot/ Usdt. This one is going strong.. we see a strong uptrend in the daily and 4 hour chart The daily chart shows us 12 days of consecutive bullishness.. in a row!! Wow that's massive. The 4 hour chart tells us we are In constructing the 5th of the Elliot impulse waves. Count the waves + the sub waves. The question is where...
Folks, Sandbox is forming a ascending triangle in the stochastic.. Stochastic is the frontrunner of price.. normally Research has shown that signals in stochastic come first and prices follow.. Ready to resume major uptrend?!!
Folks, AXIE INFINITY is consolidating and looking for direction. Be aware that prices tend to move sideways 2/3 of the times and is trending 1/3 of the time! To be continued.
Folks, it's a pity because when you see a falling wedge you become a little excited as I know this pattern as more bullish then bearish.. ok we had a little breakout. BUT! We see a double being formed closely after each other.. that means strong rejection of higher prices.. this is the basis psychology of the market at this price level. In Technical analysis...
Folks, Update about Bitcoin.. When we deny a head and shoulders pattern to be completed than we can suggest the market is bullish.. That's nice. Except note that the volume is decline since 26th of July. So every impulse move we make comes with lesser volume. We see bitcoin struggling at $43.5K Expect price to retest level at $42.-/$42.5K. In the...
Folks, Morning we see a Inverted head and shoulders on the 4 hour lite coin chart. Getting excited now.. The overall trend is bullish but for a good buying opportunity you have to be a little patient. I want to see price rebound at retest $147.- or maybe even lower to have a good buying opportunity! While writing the recent candle is becoming a form of a...