2 weeks ago, we have BTC passing its red zone. There is still no sign of BTC dropping again. In the past few days, BTC and Alts are making upward movement, and let's enjoy the Crypto's Spring. I notice XRP is about to pass its red zone. The rule still the same as the BTC/USD red zone. If it can pass above 0.36ish, is safe.
Personally I believe BTC will go sideways on an indefinite time. So here, I would like you to put an eye out for the range BTC making, also beware of fakeouts. Here is my analysis on BTC: 1. BTC will go either up or down. If the daily manage to close around this size, is bad for the bull. The possibility of a bear taking over is getting higher. You could see...
If you look at the 1D chart and how the RSI is declining, it is easy to come into conclusion that the bull is losing its strength and the bear is in control. But that if you only look at the RSI solely. If we combine it with, the price trend itself, you can see the bull is still in control. Why? 1. BTC uptrend begins in March and it will not end soon. If you go...
In the 4H TF, BTC/USD is taking a rest, the movement is slowing down. But the trend is going up. You could see here there is an Ascending Triangle Forming, and this is a good sign for the Bull. You could buy anywhere near the upper-level of the red zone I mention in several of my analysis and set an SL below the lower-level of the red zone. The bull is resting,...
You can see there is a bullish flag here. And Link just broke the upper resistance if we could stay above, the price we soon go up again, ending the consolidation phase. I thinking of buying near 7,3ish and 7,0ish, with a stop near 6,4ish. Still waiting for confirmation< here at the 1D chart RSI and MACD are trying to go up again, and let's wait for the crossover.
Is amazing to see BTC finally manage to enter the red zone, BTC has been in front of the doorstep three-time( 26/10/2019, 11/02/2020, and 01/06/2020) and unfortunately, BTC backed away. And I just missed the chance to long BTC, and on a dilemma to take any trade on BTC. I am still skeptical the BTC will passthrough this red zone and reach another high. Why?...
I am sure everyone knows BTC is about to make a huge move. From May till June even on the current moment BTC/USD is moving very slow and getting less and less volatile. BTC halving is already over is and is going to moon right? 24k here we come!! Here is a warning!! BTC is still within a strong triangle pattern, and still, in a strong downward pattern market, you...
My Last Analysis on LINK/USD, has reenacted somewhat similar, and I pulled out at 7,1ish. Overall I don't think greed for LINK/USD is not over yet and FOMO is in the air. I advise we all just stay calm and be rational, LINK just reached its all-time high, it doesn't sound logical that it will go any higher in upcoming weeks. I would say a ranging market to appear...
In the midst of BTC sideways (9300-9000), LINK has shown great performance and reaches a new high. On the 4H chart, I discover a divergence between LINK price and RSI, and I think there is a possibility of an H&S forming. Hence I am thinking of taking a short with a setup of E:8.22 SL:9.079 TP:7.1 Support my Ideas by giving it a Like and shown your interest...
Here a new short setup Possible Entry 9320ish and 9480ish, SL 9550ish, T1 9250 T2 9000 Still sticking to my bearish view on the BTC/USD market, I'm doubting BTC could reach any new higher high, and starting from June till now BTC/USD is forming a lower higher pattern. And from my last post, I see that the strength from the bull is weak compare to the bear, hence...
In a post, I made a few days ago, the setup I made got stopped out as the price hit 8900ish. Congrats for the risk-taker who entered both at 9090ish and 9000ish the price as reached 9250, 60% profit made in this short-term setup. Pitcure Link(BTC Bid/Ask Sum): ibb.co If you open the link I sent, you could see that we are currently low on demand for BTC/USD and...
Let's take profit from the sideways market. As we can see here BTC/USD is moving in a sideways pattern and has retraced from the last bottom 8900ish, I believe BTC/USD will soon retest the last TOP 9250ish area, the setup I made for the call with risk of 1:2 as we long from the price 9090ish and target 9250ish and SL on 9000ish, for those who are optimist on...
In the 3D chart, we could see BTC/USD the once again visiting the key level area, we could see dildo appearing soon. In the previous set up I shared, I have made a call for long believing BTC is in a consolidation Phase and currently still in the consolidation zone, and If BTC/USD a break above 9300 a bull will take control of the market and a break below 8800 the...