Dear Traders, Hope you are having a fabulous day. Lets do a status check on some of our previous ideas Idea 1: If you had listened to the 1st idea and planned accordingly, you would have stayed out of the market and saved your entire portfolio from being wiped out (even 3x-5x low leverage long positions were liquidated) If you were smart, saw the panic...
Dear Traders -We have hit our 2nd bottom (almost) which has held so far -Last time we hit this low was during the dump in late 2018/early 2019 -A complete retracement since the last bottom on the daily chart - a rare sight -Might be wise to open a long at current levels and look at the skies Just a Note: - We are still dependent on the global economic situation...
Morning traders! Its all in the charts. - For risk takers, we have touched the long term trendline so you can consider a small long position to target 190 levels again - Below current levels would confirm a bear reversal and a straight drop to 130-150 which would be the final frontier to accumulate - If we cross below 98, i would say everything has ended (extreme...
BTC seems to have found demand at the bottom of the channel and we could open a small long to the last resistance Entry - 7810 - 7730 (hard support) Profit - 8050 - 8200 SL - 7630 ROE @ 10x = 30% - 50%
- Just a bigger picture to help stomach short term market volatility. - This triangle could break either way - Expecting breakout during halving or a few days after halving - Don't oversize positions and get REKT - This could be the breakout moonboys have been waiting for since 2018 :)
Good morning traders! What a dump we've had. Its all in the charts Levels have breached beautifully, please refer to my previous idea. We have made over 70% at 10x on this short call. Hope you guys liked it. Now, this looks like a panic dump along with global equities. People are just selling and sitting on cash. So: - Expecting a strong support at 7700...
Good morning traders, Giving an update to my previous idea. LInk to previous idea below. Please like my content if it is of use to you. It motivates me to generate new content. - Clean breakthrough of the 8,889 resistance with a retest - Now were at another resistance at 9180 levels - BTC has twice tested this resistance - ETH has been leading BTC so expecting...
Good weekend traders, This is an update to my previous idea given below. Things are going according to plan. - If you entered around 236-237 you would be up by 23.2% (ROE) by now - We missed T1 by 5 cents! (247 vs 246.95) - But the trade is still active and expecting a small retrace before the uptrend continues - Good news is that we have cleared the Kumo...
Good evening traders, Hope everyone long on my previous eth call made some money. Before i start, request you to support my ideas with your like. It motivates me to generate more content on this platform. Now on to the trade analysis: - ETH has conclusively broken the descending channel/ascending triangle - Hits supply liquidity at around 237 and immediately...
Good morning traders and welcome to my next analysis. We have quite an interesting situation, with the bulls and bears going head to head in an even competition BTC has been operating in a tight range for the last 5 days with some sort of accumulation and multiple attempts at clearing the 8,900. Another attempt to break 8,900 started today and while we see a...
Good day traders - We have had a nice bullish movement for ETH and it is now showing some weakness - which is good news since we can long cheaper - ETH broke a falling wedge pattern and has now entered a slightly descending channel - Rejection at the top if the channel around 234 mark - Expecting a small correction to 225 (200 EMA) and even 222 (un-testested...
Bulls and Bears are fighting hard Consolidation in the 8600-9000 range BUT: -Resistance at 8,900 (strong resistance, with 2 rejections on the daily) -Bulls keeping EMA200 in play (strong rebound) -3 black crows on the daily - strong bearish sign -Parabolic SAR above candlesticks Expecting a small push toward 8900-9100 before a correction towards 8100-8500...
-No meaningful volume in the bull push -Need a clean break of 263 and 275 level for a test of 288 levels -Currently EMA50 acting as a resistance -RSI around 43 Good position to take a small short around 260-264 levels on 4 hour closure T1 at 250 (High demand area) T2 at 244 T3 at 240 This is not financial advise. It is just a potential representation of a...
Looking like a ripe shorting opportunity, though expecting a short pump before it dumps Reasons: - Trendline not definitely broken - could be a fakeout from the bottom of the trendline - RSI around 38, which is still bear territory - Declining open interest (over $1 bn yesterday vs 938 mn now) - Consistently failing to break, close and retest 9600 mark - EMA50...
- Nice bounce of the early November support - Market correction was isolated due to single event (Iran General death) - Expect upward trend to continue as markets become risk-on after factoring in this event + US data looks strong - To keep in mind we are still in an ascending channel and approaching end of a symmetrical triangle - Open long around 108 levels...
Hello fellow traders, Things are not looking good for ETH at the moment. - 134 is looking tough to break - Bull pumps are low volume - Believe we can see 116 or even 100 soon for a 100% retrace (not a good sign) Good time to open short position: Open position: 128-132 Target: 122/118/115 Keep a small position open for a fall to 100 where I will look at PA to...
Hello fellow traders - Since November 22nd, BTC has been operating in a range of 6400-7700 with plenty of fake breakouts - Last few days in a tight range between 7000 - 7300, acting as support and resistance, respectively - 7000 has been tested multiple times and might not hold for the next drop - Bears maintaining a strong grip - pushing down prices on every...
- Nice and sweet ascending triangle forming for ETH on the 4H timeframe with higher lows - Have opened a small position at ~ 146 and expect a move to 152-153 - Strong breakout of 152 region means a retest of a critical resistance at 156-157 (already tested 3 times) - Risk averse traders, open a long on break and retest of the 156-157 level and take profits at...