Hello, dear friends! 💙💛Today, let's examine the daily Bitcoin chart together! We'll look at the behavior of the MACD indicator and forecast the next price action. 💥First of all, let's take a look at the inverted wedge that I drew earlier, the price is currently moving within this pattern. Many traders' opinions are divided: some believe that after a shallow...
Hello, dear friends! 🫶I'm so pleased to welcome You on my page! Bitcoin is currently undergoing a correction, so let's consider the options for how things will develop further!🧐 On the chart, You can see an upward channel - white color 🤍, the price exited it touching the level of $65,500 and then returned to the channel. This could mean two scenarios: 1️⃣...
Greetings, dear crypto enthusiasts!🫶 I wanna draw your attention to the LOKA coin against the dollar! In my opinion, it looks very promising in the medium term!💥 Several wedges have been broken upwards, thus forming a huge wedge, which will soon finish its formation and will break out! If you prefer to take risks, you can place several buy orders in the...
Hello friends! Have you heard about Matic? 💻 Matic Network, now known as Polygon, is a layer 2 scaling solution for Ethereum that aims to address the scalability and usability issues of the Ethereum blockchain. It enables faster and cheaper transactions by leveraging sidechains, plasma frameworks, and the Proof of Stake (PoS) consensus mechanism. 💡 The Matic...
Hello, how are you? I hope everything is well with you and you're ready to discuss the new Bitcoin price chart with me!🫶 The price has sharply broken new highs and is confidently moving forward.🚀 If we draw several trend lines on the current pricing, we can see that since February, the price has been moving within a rising wedge! Do you see it...
Hello, dear friends! Today, I'm introducing a very interesting token called WING! If you're a fan of memecoins or hyped-up tokens, you're unlikely to find coins on my page that are at their peak! I'm always looking for "quiet buys"! When a coin is being hyped up everywhere, and the whole Twitter is buzzing with "buy now!" - that's actually the best time to...
Hello, friends! It seems Bitcoin has picked up the pace significantly! Are we expecting new highs soon?🧐 In my opinion, the price has formed a Bullish Pennant! And there has already been a breakout. 🚀 Do you agree? 💡How to Trade a Bullish Pennant Pattern There are four steps to trading this pattern successfully: 1️⃣ Step One : Identify the Pattern...
Hello, crypto enthusiasts!🫶 I'd like to highlight the potential of the SXP coin against the dollar! In my view, it shows great promise in the medium term!💥 The price is currently forming a significant wedge, which is nearing completion and poised for a breakout! For those inclined to take risks, consider placing buy orders in the orange zone. For a more...
Hello, dear friends!🫶 So, are You all excited about the swift rise of Bitcoin?🚀 It's cool, but regarding further movement, we need to: a) skip; b) trade carefully; c) just observe. (Let's emphasize the appropriate option 😄) But seriously, before the halving, we usually expect a correction, and right now the price is at a very strong resistance level! I...
Hello friends!♥️ Yesterday Bitcoin sharply surged and Breakout an upward channel, that was formed since last July! This ascending channel is typically traded by breakout, which occurred! The price target for the breakout is measured by the width of the channel - I've indicated it with dashed arrows! But there's a catch! Yesterday, I posted a chart, IMHO, it's...
Hello, crypto enthusiasts!🫶 The next Bitcoin halving is expected in April 2024. It's difficult to predict the exact date as it depends on the block height. Since halving occurs every 210,000 blocks, the next Bitcoin halving is expected in April 2024 when the block height reaches 840,000. Positive sentiments surrounding the Bitcoin halving have historically been...
Hello, traders!🫶 💥Exciting news in the world of cryptocurrency!💥 Bitcoin has surged past the $51,000 mark and is now confidently aiming to establish itself within the $51,000 - $52,000 range. It's evident that resistance levels have been convincingly broken, indicating a bullish momentum in the market.🚀 Following a minor correction, we anticipate...
Hello, friends!🫶 Check it out! 🧐The price looks great at the moment! The formation of the wedge is coming to the end. Previous wedges worked out fantastically! Just take a look!😱 March of 2023 - 🚀 160% October 0f 2023 - over 1000% 💥 💡So what is a wedge? The wedge pattern can either be a continuation of an existing pattern or a reversal pattern,...
Let’s discuss the four major mistakes traders often make when implementing stop losses. 😔 We consistently emphasize the importance of proper risk management, as using stop losses incorrectly can result in more losses than gains. And surely, that's not what you desire, right? 💰 Setting Stops Too Narrowly The initial and frequent error is setting stops too...
Hello, dear friends!🫶 Today my attention is focused on the weekly Bitcoin chart! Let's apply the MACD indicator (it works best on longer timeframes)!👍 If you don't know or have forgotten how it works, then let me briefly describe it to you!😉 🔴A sell signal is generated when the MACD line crosses below the signal line. 🟢A buy signal is triggered when the...
A psychological level is a price level that traders feel to be significant, generally due to its round number or because it has previously acted as a support or resistance level. These levels are not based on any intrinsic fundamental worth, but rather on market participants' collective view and conduct. These levels, sometimes known as "invisible lines,"...
Hello, Crypto Enthusiasts! 🚀 Let's dive into the world of Dogecoin (DOGE), one of the most intriguing cryptocurrencies in the market. 🌐 🐕 Origin Story: DOGE started as a meme-inspired coin featuring the Shiba Inu dog from the "Doge" meme. 🌕 Famous Meme: The coin's Shiba Inu logo became widely recognized and beloved in the crypto community. 🤝 Community-Driven:...
Hello, dear friends! How are you?♥️ Today, I wanna draw your attention to the hourly chart of Ethereum! The short-term situation looks very interesting. Today, the upward trendline was broken down, but the price returned to it, trying to recover and consolidate! If you're interested in my opinion, there is potential for a slight rise to the levels of 2300...