Market seems falling part , things can change in an instance , keeping this in mind the current structure shows it wants to go lower. Now removing the bias and inverting the chart you can notice like in an up trending market , that this is the 5th time BTC is tapping the $18,500 support level . Which in the case we lose the support the next three levels I will be...
I believe after this move the past few days up to $24,000 , its time for $BTC to retrace back to $20,000 - $21,500 area . If we bounce now we are safe , if we enter the range area we most probably visit the bottom of the range around $20,000 . In case we bounce I expect another test of $24,000 , if we manage to break the resistance the next resistance I am...
Falling wedge on LINK usually breaks to the upside it’s very rare to see a break downwards . If it breaks to the upside I would expect a pump up to $20 . For now I expect a pump up to the top of the wedge which is around $14.00 . Lets see how it plays out .
I am reposting this idea as I have updated and placed a mid-range resistance for the wedge . $BTC idea : Another idea for BTC could be that we are created a pattern of a rising wedge on the weekly TF . Rising wedges usually breakdown to the downside . Moreover , if it plays out like this we could be having another bounce retesting the previous ATH and then...
BTC IDEA : The left shoulder has been formed around $60,000 during April and May , once we had formed the shoulder we retraced back to $30,000 level. The head has been former during November with the wick at $69,000 and after forming the shoulder we retraced . Based on the chart I would expect during this months to form the right shoulder and then...
I expect a retracement on the DXY , thus I expect crypto to have a small relief . When DXY goes up it means that there is a sell off in assets , stocks and crypto as people cash out . Vice Versa. If DXY keeps increasing we might see more sell off in the next couple of days , but in my opinion I see that DXY will have a small retracement as mentioned before . DXY...
Personally I do not hold any APE . On the 4H time frame APE lost support around the $12.3 level . I would be looking for a potential bounce around the $10 - $11 support zone . But just keep in mind that this coin has been pumping hard the past couple of weeks so I am expecting some downside . Moreover on the Daily time frame is important to consider the $9.5...
RSR/BTC : The pair is far away from its ATH . If the bottom is in , there is a long way for RSR to start outperforming BTC and start moving close to its ATH . Potentially if we have an ALT season as many people support , we will get there . In my opinion , once RSR starts receiving tasks for the Reserve project it will start rising in price and increasing...
If the WAVES trend didn't end here . I would be looking to potentially enter a position around $34-$40 with a SL around $28. Which comes after a correction of approximately 30% . We can clearly see that the support zone is at the previous ATH around $35 . The reasoning behind the tight stop loss , is that WAVES in a month had an increase of 458 %
Another idea for LINK is that it got rejected on the trendline and its looking for support . Potential price ranges I am looking on the Daily TF is around $14.50 , $12.20 and the low around $11 . I believe we are getting closer breaking that trendline and I am getting prepared for a nice pump on LINK . There is no much to say for it at the moment , I...
LINK bounced a few times on the 4H time frame , it looks that we could be going lower , next potential buy zone spot for me is around $14.50 , specifically for LINK I am buying at all prices I believe this project has a lot of potential in the next few years . Additionally , for a leverage position ideally for me would be to enter around $13.50 . I will update my...
Its been a long time since I traded this stock . I remember trading it back in 2018 - 2019 at its ATH on eToro . On the weekly time frame it had a nice bounce around the $2.85 area . I would like to see the price passing through the $5 resistance area and turning into a support zone . From the 4th quarter of 2019 the stock is in a downtrend , I remember back in...
$BTC idea : Another idea for BTC could be that we are created a pattern of a rising wedge on the weekly TF . Rising wedges usually breakdown to the downside . Moreover , if it plays out like this we could be having another bounce retesting the previous ATH and then breakdown . But as mentioned before market is variable and changes . So we could just be falling...
CHR on the 4H TF is close to the resistance of $0.68, the past couple of hours we have seen a few failed test to break the resistance . In case we test the resistance again and get rejected I would be expecting for CHR to find support around $0.58 . In case after the rejection there is a trend reversal we could see the coin falling back to $0.47 . On the other...
AUDIO is currently closing to the resistance zone of $2 . I don't expect that AUDIO will break the resistance on the first try , but the test of the resistance could also happen on the LTF . Additionally If I traded this coin I would keep in mind the current levels of $2 , $2.7 , $3.2 and of course the previous ATH around $4 . Moreover , I would like to see a...
AAVE was a successful trade that I personally took . By looking at the chart and the FIB level it touched , I will be expecting a retracement or a small correction in order for it continue going up . Just keep in mind , that in case AAVE decouples from the general crypto market like it had done in the past , it could just keep going up . In my opinion , I am in...
RSR for me is a bullish project with a lot of potential . Once RSR is assigned the roles and the missions will be doing for the project I believe it will star rising in value. At the time it has no use for the project . Don't take it for granted , always be skeptical about projects in the crypto space , but I believe in the next two or three years we will see a...
$LINK : The weekly candle will be closing in 4 days , anything can change but with Heikin Ashi candles look that could be reversing to the upside if the candle closes above $15 . But like always things depends on how $BTC acts in the next week .