Hello, Traders! After the pump fueled by the news about Robinhood traders, the Bitcoin price began to fall under selling pressure. At the moment, the market does not have enough buying power to support the price and continue the up-trend. That's why the priority now is to get involved with sellers. Entry in sales can be looked for in the range: $35445-36445....
Hello, Traders! After the rapid growth, Bitcoin's dominance began to fall. This means that altcoins were stronger than Bitcoin at the moment. Altcoin trading is generally an attempt to outrun the rise of the index (Bitcoin). Falling domination chart is usually a positive trigger for altcoin trading A rising dominance chart is a negative trigger for buying...
Hello, Traders! After the upward movement, BAND entered the correction phase. One of the forms of correction is consolidation. At the moment the asset is consolidating in the range of $7.38-9.46 before the last upward surge. Entry in the position can be considered in the range of $8.80-9.40 We would advise placing the SL under the level of $8.16 in case of...
Hello, Traders! After the pressure from the Sellers, BTC went under the uptrend and tested the lower boundary of Buyers' liquidity buffer - the level of 30820$. At the moment the buyers are stopping the sales in the range of $30820-33600. We can consider entering the position and purchase BTC in the range between $32000-32500 It is reasonable to place SL near...
Hello, traders Tron has entered the main trading range of $0.02775-0.03225 The project does not lag behind Defi hype and prepares its releases. Potential growth from the current price could be 68% At the moment the price is being held before the exit level of $ 0.03225, so the entrance can be divided into two parts: 1) the first part in the $0.02900-0.03100...
Hello, Traders! After a long consolidation lasting for 9 months, the asset exits the main trading range of $4.78-7.66 ETC is above the MA100 on the daily timeframe and the RSI indicator moved into the bullish area We may look for an entry in the range of $7.45-$7.75 Place the SL at $6.55 Target price levels will be: $9.51 $11.30 $12.80 Good luck and...
Hello, Traders! After an exponential surge and a final rally to $42,000, Bitcoin's price has corrected 27.95% from the high. The current correction is the strongest of the entire trend from $10500. So far, the price has tested the uptrend and the buyers have held the trend. The struggle between sellers and buyers is taking place in the range of $30820-35695....
Hello, Traders! After the trend movement and correction, WAVES makes an exit from the reaccumulation phase. Entry into the trade can be considered in the range: $6.14-$6.34 Stop Loss, in this case, is tight: under $5.76 Target levels will be: $6.66 $7.30 $8.18 Which makes an excellent ratio of risk to profit exceeding 3! Good luck and watch out for the...
Hello, Traders! ENJ is exiting the main trading range of $0.14100-0.16300. On the daily timeframe, the RSI indicator value is in the bullish zone. The price is above the MA100 Entry into the deal can be considered in the range of $0.16300-0.16900 Stop Loss can be placed at $0.15200 Target price levels will be: $0.18425 $0.20795 $0.23955 Good luck and...
Hello, traders! One by one, DeFi coins start their upward movements. BZRX is behind the market and ready to start its upward movement again. The price on the 1D Timeframe broke through the MA100 and entered the bullish zone on the RSI indicator. Entry can be observed in the range of $0.1975-$0.2100 We can set SL under $0.1750 Targets are located at levels...
Hello, Traders! BAL is testing the upper bound of the consolidation range with a level of $13.24. MA100 on the 1D timeframe acts as a dynamic support. Entry into the position could be interesting in the range of $13.24-13.68 after retesting of the level of $13.24 with the upward trend. We can set SL under $12.20 Target price levels: $16.06 $18.84...
Hello, Traders Today we are going to explore risk management. First of all, risk management is what keeps traders alive! 1. First of all - it’s very risky to get into a single trade with more than 20% of your trading deposit. 2. To begin with, you need to calculate the percentage of risk you plan for each trade. To simplify, it’s an amount of money you’re...
Hello, Traders! XTZ continues the consolidation phase in the range of $1.84 - $2.22 After the long-squeeze, we can observe the buyer's interest in the asset. The value of the RSI indicator on the 12H timeframe drives out of the bearish zone. Entry into the deal can be observed after the level of 0.382 of Fibonacci retracement in the range of $1.98-$2.08 The...
Hello, Traders! The market cycle that started on January 8 is completing its last phase. The fall has begun. At the moment the upward movement has received a correction to 0.786 Fibonacci level. The value of the RSI indicator on the 1D timeframe is 23 which is located in the oversold zone. If the price goes up beyond the level of 24300 satoshi, it may indicate...
Hello, traders! Bitcoin's dominance has tested the 70.92 level where it was a year ago. Bitcoin absorbed all the liquidity of the market during its rally. Christmas holidays are coming and traders in the stock market prefer to fix their positions. In case if big players are fixing positions on BTC, the nearest support level is at the price values of...
Hello, Traders! The market reacted with the panic sell of XRP amid negative news about the SEC investigation into Ripple. The price momentarily reached $0.211 as a result of the execution of buyers' stop orders. At the moment, the market pressure on the asset is decreasing. We should not count on a v-shaped reversal. It takes a lot of time for consolidation,...
Hello, Traders! The ICX entered the local uptrend and consolidated above the MA100 on the 1D timeframe. Breakdown of the level of $0.442 could give the potential for growth up to $0.65 Long entry can be considered in the range of $0.3915-0.4420. We can set SL under $0.39 near MA100 on 1D timeframe. Targets on Fibonacci correction levels: $ 0.4887 $ 0.5479...
Hello, traders! ALGO price is testing the upper bound of the consolidation range of $0.25 - $0.36 There are several triggers for trade entry: MA100 on 1D timeframe supports the price near $0.31 RSI on 1D timeframe in a bullish zone above 50 There's a positive buyers sentiment on the market Trader entry can be formed in the range of $0.31-0.36...