Technical (Chart) Factors: - Attempting a Breakout: ACS is showing signs of breaking out from its extended downtrend, which could signal the start of a new upward movement. -Stochastic RSI Crossover: A recent stochastic crossover from the oversold area adds support to this potential bullish reversal *settings of 15, 15, 4, 4 at a 3x time frame resolution*...
The Canadian dollar (CAD) has been losing ground against the U.S. dollar (USD) for years, and this chart suggests that weakness could continue. Since 2015, every time CAD has tried to strengthen, it has failed to break below 1.20, showing a long-term downward trend. USD/CAD at 1.47: A Critical Turning Point Right now, the exchange rate is sitting at 1.4527, just...
Would you like a cup of tea? Cup and handle patterns are typically bullish continuation patterns, with the handle representing a final consolidation before a potential breakout. If BNB breaks out of the current consolidation range with momentum, reaching the target at 1,300 USD would yield a 100% return. However, a failure to break out or a false breakout could...
Factors Supporting Upward Trend Inflation Hedge Increased Institutional Participation Adoption as Legal Tender Scalability Improvements Currency Depreciation Reduced Supply Growth Historical Price Appreciation Enhanced Retail Adoption Efficient Global Remittances
Entry: $21.75 (After trendline breakout) Take Profit: TP1: $23 TP2: $24.75 Stop Loss: Close below $20.85 Trade based on a bullish RSI divergence and a confirmed breakout from a descending trendline. The overall aim is to capitalize on the anticipated upward movement following the breakout and momentum shift signaled by the RSI.
This is a short sell trade setup based on technical analysis, particularly focusing on bearish divergence. Entry Point: Price: 130 USD Stop Loss Level: 135.5 USD Target (Take Profit) Levels: Disclaimer: This is not financial advice. Trading and investing involve significant risk, and it is important to do your own research and consult with a financial advisor...
This is a long (buy) trade setup based on technical analysis, particularly focusing on bullish divergence and the price holding near a support zone. Entry Point: Price: 4.76 USD Reason for Entry: The trade is being initiated at this price level due to the confluence of a bullish divergence on the RSI and the price respecting a strong support zone around 4.50...
Disclaimer: This record is solely for my documentation purposes and is NOT intended as financial advice. Always conduct your own research and consult with professionals before making any financial decisions. BTC Short: - Price was rejected at 31,150. - Price currently stands below the SMA 140. Historically, such a position has indicated a 34- 60% drop in...
2017 ATH holding up as support Two scenarios short term. What would be first a 25.000 or a 14.000? BTC?
Good scenario: Goes up to the 27-28 thousand range. As per volume profile, more likely to test 8-9 thousand range failing support at the 12-13 thousand level. Bad scenario: It fails support at the 8-9 thousand level and goes to 3000. All trading thesis can change. Not financial advice DYOR.
Just publishing this so as not to forget this chart ............everything is possible in crypto. Good luck to all. ps: Should we apply the " be greedy when others are fearful'' and buy more at a 90% discount?
Three-month chart MFI above 50. The chart pattern in ascending channel suggests a possible breakthrough current resistance. NOT FINANCIAL OR INVESTMENT ADVISE DYOR
Price at a crucial support level . Immediate target 25%. (Higher potential if the market holds) MFI oversold Total Value Locked (USD) $325.68m NOT FINANCIAL OR INVESTMENT ADVICE ALWAYS DYOR
I am entering this trade only if the price tests the main support area. Holding until a trend reversal is confirmed. NOT FINANCIAL OR INVESTMENT ADVISE.
Nice possible re-entry (or DCA) at the $26 range Points of coincidence: - lost support at a significant level ($30-32 range) - price moving towards the trend line (diagonal support) and anchored VWAP - MFI is oversold Failing support at the diagonal (S1) invalidates this trade. No financial or investment advice.
My Plan: Entry: When the price reaches the supply zone. Exit: At trend reversal in the 4-hour chart. No investment or financial advice
- From the ATH on Aug 29/2020, AR. retraced 78% then it grew 2700% - From the ATH on May 15/2021, it retraced 84% then grew 1160% - The ATH on Nov 05/2021 retraced 74%, and the growth potential should be at least 700% from point C or 400% from the current price. - Weekly MFI is currently above 55, very bullish. - Weekly MACD: coming from below 0 line, it looks...
Sold at $3.42: Why: Price rejected at important level on 4 consecutive days. MFI showing bearish divergence. Re-entering: 1. If price retraces to 2.50 -2.60 range ( 0.5 - 0.618 Fib) OR 2. On a pull-back if price brakes through resistance level 3. If price goes below stop loss, buying back if it goes to support area. Note: Not investment or financial advice.