Strength_in_numbers
BMT is reacting to the Fibbonnachi levels beautifully and we could see a move down to $0.09 Even if you don't take this trade, just take a second to drink in the beautiful precision of the fib 😍 #chartporn
Strong week 🚀 followed by a week one? 📉 Looking at $104,500 as a potential rejection point with a move down to $88,400 (worth -13%). A break below the uptrend would provide a clue that we have lost momentum. Bearish div. would be nice to see before end of week.
Key levels I'm watching rn 👀: $0.82 - 0.83 Multiple contacts circled. Breaks above this level could be mega Bullish as this would also start to break above the macro downtrend. $1.15 - 1.17 being top line resistance. A bounce off the $0.82 - 0.83 range and the downtrend would be a great long entry 🚀 with <=40% potential to resistance Zone.
$2,149 is a price of significance. Believe that we will see resistance from this price point. Breaks above the downtrend would be Bullish. A bounce off the downtrend AND $2,149 (flipped into support) could present an optimal long entry.
Oversold on the Weekly RSI Recently touched All-time-low 300-500% to historical resistance levels 🚀
Taking the crash of May 22 out of the equation, the All-Time-Low for Luna is $0.12. Next resistance level up @ 10x Gap to ATH @ 610x
*chart inverted* Watching this trendline currently. XRP recently had a strong bounce off the 382 and we could see a further retracement to the 0.5 at roughly $2.80 Breaks of the trendline could trigger moves down 📉
Hello chart people 👋 BTC 1D timframe Key level I'm watching 👀 atm is 94,960. If we break below this level you can see in the chart where price might head to next. Both RSI and candle uptrend have started to break down signalling negative momentum. This week could be bearish. A move to the 618 would fill a fair-value-gap. I expect that price will react from the...
The uptrend has broken for Cardano - fibonnaci retracement suggests next price level down will be @ 618 / $0.65 Move down = 6.5% Shorting this you could set a TP @ $0.655
RENDER appears to be reacting to the fibonacci levels. Currently finding resistance @ the 382. If price starts to break above this level I believe the next natural step would be the 236 Conditional order long if we break 4.52 (which also represents a break of a downtrend on the micro Timeframe - zoom into the hourly) Setting TP @ 6.3 which is just underneath key...
RENDER appears to be reacting to the fibonacci levels. Currently finding resistance @ the 382. If price starts to break above this level I believe the next natural step would be the 236 Conditional order = long if we break 4.52 (which also represents a break of a downtrend on the micro Timeframe - zoom into the hourly) Setting TP @ 6.3 which is just underneath key...
Possibility that the RSI uptrend could break and this could lead to a rectracement. Finding resistance at 95K level. Next level down would be 89K Presents a long scalp opportunity: 93K TP
Looking at a bounce off the 718 fib. Break above downtrend would confirm Bullish momentum. Possible rejection form macro-uptrend @ roughly 0.17 Targets: Entry @ 0.071 TP @ 0.15 SL @ 0.064 RR 12:1 Advise low lvg
Possible move down to 85.5K - 86.5K over the weekend. Ocean of liquidity available at this region. Short TP @ 87K. Moves down to this level keeps the Weekly candle green --> anticipate a reversal moving into next week. Going long @ weekly open.
*please note that this chart has been "flipped" so is upside down. It's difficult to ignore the number of indicators and chart patterns that are signalling a move up for Bitcoin: - Bullish div in daily RSI - Oversold daily RSI - Breakout of downtrend (both RSI and chart pattern) - Near-touch of the previous ATH Etc HOWEVER this idea is a...
Long position Entry 2.10 TP 6.5 SL 2.0 Breaking out of daily RSI downtrend 📈 Believe that $3 price point has significance. Huge move up Sun 2nd March - believe that is a signal. Anticipate $3 to act as resistance, bounce up from the downtrend (approx 10th May), re-test all time high and then flip $3 into support. Upper target $6.82 however setting $6.5 TP for...
JOE has recently re-tested the all-time-low @ $0.13. ATH was $5.00 in November 2021 Uplift to ATH from current position = 2,800%. R:R ratio @ 123:1 Breaks above the downtrend could propel JOE to the ATH. Estimated flight time = 8 months (assuming symmetry with BTC halving cycle "top")
ATL for KDA = $0.126 Possibility of a retest should price break below local support @ $0.36 Variance from ATL to ATH @ 22K%