Hello Traders Momentum has been slowed down since price reached 24k area. Also we can see a fake breakout. Furthermore BTC.D has been weakened, it means buyers haven't interested in buying BTC at this levels. It is possible that price is going to fall in next few days. Thanks for Reading -RC
Hello Traders After a huge crash, BTC has settled for a while around 18k. There is no doubt that we entered Crypto winter and it could last for months(4-8 months more or less). BTC showed some gains few days ago but they all wiped till now, that means Bearish Sentiment/momentum is still strong. But we might see some upward moves as corrective movements. Anyway...
Hello Traders Crypto Total Market CAP is moving in a Bearish Flag. I believe market will stay bullish until MCAP makes a Lower High or completes E Wave. 2T and 2.24T MCAP are important zones to watch. Like, Follow, Share & Comment. Thanks For Reading. -RC
Hello Traders KSM/USDT is performing well in daily TF. Price has jumped off of Support zone and trying to reach the next resistance zone forming an Inverse H&S pattern. IF price breaks Resistance Zone(AKA neck line), this rally could lead price to 300$ zone. Note: Bullish view got invalidate if price breaks below support zone(150 $). Like, Follow, Share &...
Hello Traders LINK/USDT is ranging for a while. We can see price is forming a possible Bullish Diamond Pattern on Support zone. Also indicators such as RSI is showing RD+. Plus price needs to retrace a bit before any large movement. I will change my view to bearish IF price breaks below 13.3$. Like, Follow, Share & Comment. Thanks For Reading. -RC
Hello Traders OGN is very bullish. Good fundamentals and huge buy volumes in last few weeks made a good rally. Also it had a good correction and right now price seems created a bullish flag pattern that could push the price to 1.09 - 1.19 $ per token. Like, Follow and Share Please. Stay Safe. Thanks For Reading. -RC
Hello Traders CLV/USDT is trading in a range for a while. Even though volume is rising, we cant see enough volatility. So we can assume that we are in a accumulation phase. Once price breaks out of zone, we can setup a long trade with potential 70% target. Like, Follow and Share Please. Stay Safe. Thanks For Reading. -RC
Hello Traders One of good projects in crypto community is UMA. UMA project focused on Web3, Universal Market Access and etc. So it could attract many attentions. Technically, we can see a huge accumulation phase in UMA/USDT. Staying in a range zone for a long term means it could explode any time. Targets are shown in chart based on bullish view. Like, Follow and...
Hello Traders VRA/USDT has broken symmetrical triangle and confirmed above it. In this scenario VRA can reach 0.05 $ so that's actually going to be a 70% gain. Since market is a little bullish due to BTC gains , most likely continuing upward momentum is probable. Stay Safe Thanks for Reading -RC
Hello Traders After a big upward rally, EUR/JPY finally stopped at a big Resistance. Price and RSI have broken their upward trends and it seems correction phase is about to start. If price breaks confirmation upward trendline (small trendline) its highly probable that we see a correction. Thanks for Reading -RC
Hello Traders NZD/USD has a downward trendline and yet respected it nicely. I assume NZD/USD is forming a Symmetrical Triangle and after completing this Triangle pattern I believe NZD will resume its downward move. So wait for a breakdown to confirm a downward move. this assumption will be invalidated if price goes above and breakout Triangle pattern. Thanks for reading
Hello traders USD/CAD is moving inside of a downward channel. now it arrived at support zone after breaking the upward trendline. also RSI is in oversold zone. So it is possible to see an upward corrective wave as pullback. Thanks for reading
Hello Traders CAD/JPY has broken bearish trendline and successfully consolidated above it. Also as we can see price is moving inside of a big channel. Right now we have a big support around 87.4 (Big channel mid + W pattern + Fib 0.618 + previous resistance). A minor correction to around 87.4 and then continuing upward momentum is probable. Thanks for Reading
Hello Traders GBP/USD lost its support at 1.36 and now its trying to pullback on it. I believe we may see another downward wave till 1.33-1.32. Thanks for Reading
Hello Traders AUD/JPY is moving inside a rising channel, I believe it is going to make a AB=CD pattern so there is a high chance that price moving upward. also RSI is rising and till now support around 80.20 held ( also 0.618 fib located there). This setup will be invalidate if price goes below 79. Thanks for Reading
Hello Traders GBP/AUD is moving in a downward channel and consolidating after last drop. it made a falling wedge pattern in low TFs, also RSI has broken its upward trendline. We should be ready for another drop till next support zone but also a corrective upward move is possible. Thanks for Reading
Hello traders its seems price is going to make an upward move. Reasons: 1- rising RSI and broken RSI downward trendline in 4H TF. 2- also we can see RD+ in RSI (4H TF). 3- price is moving in a big flag and already jumped from bottom of it. 4- Short term downward trendline already has broken. Thanks for reading
Hello traders As you can see in charts, we have: 1- a broken trendline 2- a lower low candles 3- a double top 4- a broken trendline in RSI So it seems price is going to drop till small blue zone, where 200 day MA is located. Thanks for reading