angela_altair

angela_altair Updated 

We expected a pullback of the price after it broke to the upside and went beyond bit our target. Now the pullback is slowly maturing and coming to the targets from where it can bounce. Therefore, lets get ready with the relevant levels and the trade setups for long. I have marked two support levels which is attracting the price on this pullback. The first one is...

angela_altair Updated 

And here comes the setup as promised. The price has hit the daily support and has bounced from there although not significantly. Howeverm it is currently trading above that zone and it seems likely that the price will push upwards during the day and that should result in a green daily candle today. We will reevaluate the price action at the end of the day to see...

angela_altair

Here is a trade idea on the long side for BTCUSDT. The price has been trading under the hourly resistance (removed from the chart, but can be seen in the connected post) and now it has trading inside that zone. I mentioned in my last post that I am inclined towards an upward move and I think it seems more plausible with the price action shown in past hours. The...

angela_altair

Looks like for this the party is over for now and it is in pullback mode. I think it is going to retrace further. All the support levels have been marked on the chart. Currently it has tapped the first weekly support WS1 and has bounced from there. But it seems that the price will head towards the second weekly support WS2 soon after this bounce move is over. Lets...

angela_altair

Here is a bullish chart of Nikola Corporation. This looks good for going upward in the coming months. The chart outlines various resistances it has on its way. The first one is a 3M resistance 3MR1 where the price is headed currently. I think the probability is very high that the price on this current move pushes upto 3MR1 after having some resistance and pullback...

angela_altair

Here are the support levels for this coin. This one has been moving vehemently in the last few weeks. But I think now there is a time of some pullback. In case there is a major pullback, I have marked various support levels of different degrees on the chart. I think the first major support is the daily support around 1.39 where it can have a good bounce. There...

angela_altair

So here are the various support and resistance levels which are relevant for the current price action. The price has been rejected from the daily resistance DR1. It tapped the daily resistance DR1 and started moving down. The first support is the hourly resistance and the price may bounce here temporarily but not significantly. The next significant support is 4h...

angela_altair Updated 

The price was pushed down by 4h resistance 4HR1 as we were expecting. The pullback happened and the price went below the 4HR1 zone. I believe we still have move to the upside left and soon the price will continue its upward journey towards next resistance 4HR2 and then very likely towards DR1. Now the question is if the price will start moving up from here or does...

angela_altair Updated 

The price broke down invalidating our previous trade. Currently it is bouncing from 4h support 4HS1, and I have taken a small position here which I will close around 65000. The price is approaching towards daily support zone DS1 on this drop. This is a broad zone. However, the more robust area is the mid of the zone marked in dark green shade. I think the price...

angela_altair

The price was rejected from monthly resistance MR1 and currently it is trading between monthly resistance MR1 and weekly support WS1. The price had reached MR1 zone after trading for a longer period around WS1 zone. I believe, the likelihood of the price hitting this weekly support zone WS1 is high. This will allow the price to bounce again from that zone. This...

angela_altair

Weekly resistance WR1 rejected the price on the last pump to 0.2 level. After that rejection price bounced but succumbed to the drop in BTC. Currently it is trading between weekly resistance WR1 and weekly support WS1. The price is likely to reach to weekly support WS1. This support is likely to provide the necessary momentum for the price to head up towards WR1.

angela_altair

The price has found support at weekly support WS1 and has bounce from there. I think the price will target the weekly resistance WR1 as its next goal. The resistance next to WR1 is a monthly resistance MR1 around 0.8-0.9. MR1 will be a significant resistance level in case price reaches there and will cause a substantial pullback.

angela_altair

The price had hit the weekly support WS1 after getting rejected from weekly resistance WR1. After hitting WS1, the price has bounced and I believe this bounce will continue towards weekly resistance WR1. Therefore, this present an opportunity to go long on this one for the target at least to the weekly resistance WR1. There is a possibility of it breaking this...

angela_altair Updated 

Took a long here. Lets see where it goes from here. There is a support level down if it breaks down from here. If this fails, will take a long from there.

angela_altair

The price has been moving up after consolidating between two monthly zones currently marked as MS1 and MS2. This is a very nice pattern to identify for the bullish move and it was there in this case. Very beautifully the price osciallated between these two zones for a long time before moving beyong the MS1 zone. Everytime the price was pushed down from MS1 zone,...

angela_altair

This is simply ballistic. The major resistance before this move to all time high was 50k-52k region. The price shied away just a bit there before breaking that level and moving up.This itself tells the story of the strength of the moves in the past couple of weeks. The only resistance, which was left, was a weekly resistance at WR1 level but at those levels, its...

angela_altair

The price has been in uptrend since end of 2022. It has not broken the high it had set in 2021 but it has covered a significant distance from its low in 2022 end and has come close to its all time high zone. However, the price is currently trading at a weekly resistance level WR1. The price did experience a pullback from that resistance zone but quickly backed up...

angela_altair

The price has moved to the weekly resistance WR1 and got rejected from there on the first attempt and found support on the zone where weekly support WS1 lies. The price made another attempt at the weekly resistance WR1 only to get rejected again. The price is currently trading under this resistance after getting rejected. If the price lands on the support WS1 then...