UnknownUnicorn22804749
BITCOIN UPDATE 2h 200MA is so important rn, if it does not hold we take a short position to the green major support line which we need to bounce for #Bitcoin if that does not hold then look at the chard below to see the next level
LSE:CFX great TA accumulation massive pump then formed a descending channel and came back down to the resistance of the accumulation box, and now we have formed a rising wedge pattern, red support line must hold, this can run hard again!
I have adjusted my trendlines, We are inside of the descending channel many will probably try and short it to the 200MA but I will only short if we go below the 200MA and aim for the green line, otherwise we could reverse and rally up here which I am leaning on!
still CRYPTOCAP:DOGE is in the ascending channel pattern which is a bearish pattern, red support line of the channel must hold! and white upper channel must break out to invalidate bearish pattern
$BIGTIME broke out of falling wedge and has now formed a horizontal channel and has been ranging for almost 3 days! I have set alerts on the upper mid and low channel, this is a volatile coin and I will pull the trigger when I am confident on direction
OMXSTO:XMR ON (LOG) Targets $1200 then $3000 previous time it broke out of the descending channel it increased in price 706%, it just broke out again and if it increases in same % that will make 1 OMXSTO:XMR $1200
JSE:GRT is a great example of an altcoin that you do not need to be leverage trading at all, there is already so much gains to be made with bluechip coins in spot position such as CRYPTOCAP:RNDR NYSE:FET and BIST:LINK , its buy and hold season, no need to be getting fancy and leverage trading!
ETH UPDATE lower white support line must hold! if it breaks down we short to green line, if we breakout from upper white line we then long!
CRYPTOCAP:ADA has been in accumulation for 568 days, two potential mid term targets, first one is the cup and handle target if it plays out and the second one is the resistance of the box.
BITCOIN UPDATE we broke out of this and if you measured inside of the it with the green line you can see it reached exactly to that measured move, now we have formed a descending channel pattern and the white line which is previous resistance is now new support! it must hold!
perfect example of SEED_WANDERIN_JIMZIP900:EGLD that you should not be leverage trading, you can actually make safer money on spot positions and better R:R we are talking about a 77% move up on a breakout, who wouldn't want that?
CRYPTOCAP:XRP set alert on blue line, and target orange and white thick line with two take profit levels and leave a little moon bag too, this coin is unpredictable lol
BITCOIN UPDATE A big move is pending for Bitcoin, as you can see we are compressing with the Bollinger Band indicator, and the last two times we increased in price, it is very interesting that the orange support line is still holding, failing to do so we will visit 200MA, and breakout out from the white resistance line will increase to around FWB:48K in price!
Higher because of the "third touch" at a resistance level, usually first two touches validate the resistance. The third touch breaks through, indicating a uptrend, This is actually market psychology and the belief that repeated tests of resistance weakens it! You have had 500 days to buy ad that major support level which is the white support line, OMXSTO:XMR ...
CRYPTOCAP:RNDR set alerts on blue resistance line and green resistance line, because after we break both of them resistances, CRYPTOCAP:RNDR will be looking at making a new ATH in price, then we will need to start using fibs so we can aim higher!
CRYPTOCAP:SOL has printed a rising wedge pattern, breaking the red dashed line will be a good short position to the white support line! breaking the blue resistance of the rising wedge pattern invalidates the bearish scenario! GL
$CELR 68 day accumulation period followed by a nice break out and now we are forming a falling wedge pattern, I have set alert on orange dashed line, ready to trade the breakout which will be a minimum 22% pump! lets get it