Broke support on 5 and 15 minute chart trend, looking to go to around 40. Though btc is still our main index if it goes up then everything will follow. Zooming out chart looks very symmetrical, may be indication of follow up. Not a financial advise, just an idea from a crypto neubie :))
Strong support at .59 broken, next strong support at .509. Looks like the pullback after impulse wave to me, not sure since im still not good at counting. If BTC closes below 28k, expect further retracement for xrp to .36. What are your thoughts? Not a financial advise, just a newbie trader sharing his ideas :))
What is a stop loss? Why do i need to use it? Why should i listen? Stop loss is designed to limit an investor's loss, it is built FOR YOU. It's like fighting a boss without a weapon, yet there are multitudes of weapon ready to be used for you beside you. Why should i use a stop loss when my liquidation is far? MARKET VOLATILITY IS AT THE HIGHEST RIGHT NOW, not...
Simple and easy. I'm not really good with complicated stuffs so I thought this will be good Not a financial advise. Just some ideas from a crypto neubie :))
ZIL x Y national art singapore comes in two weeks. Till then i dont expect ZIL to break through yet, so here are my entry prices based on the prolonged ascending triangle created. Entry: .198 or .204 Target: .27 or .28 Hold duration: one to two weeks Not a financial advise. Just a thought from a crypto neubie :)) Come and follow my journey in trading!
In all the time frames, 1h, 2h, 4h, this is a clear breakout from the semi bull flag created after the rise from symmetrical triangle. Now, with bitcoin pushing past 56k, why has VET still stuck in this level? Because of the past two days, though bulls are gaining power bears are still standing strong too. These are paper hands, and the only way to clear out the...
With BTC bulls now gaining more power, VET is looking at a rebound to its previous position. The breakout from the symmetrical triangle gives us a price point of the previous low at 0.24 dollar levels. Once it goes back to that level, it will re enter the now extended ascending triangle formed from before the huge correction. Giving us a future price target of...
As much as i want VET to remain bullish, this setup is a perfect exact copy of bitcoin. And with bitcoin in its most dangerous situation, VET is at the same level amount of danger too. VET/BTC correlation at 0.58, significant enough that if bitcoin falls, vet will follow along. A fall of btc to around 46k level will make VET fall to around 0.11 dollar level,...
Bitcoin only has within 12 hours to decide whether to break up or break down. Upwards will give us a price target of around 53k, which is the previous low's 0 fib. Downwards will give us a price target of around 44k, supported by strong volume at 46k. If bitcoin fails to hold 44k levels, you can kiss goodbye to the bull market and say hello to a "short-term" bear...
My first time ~ please do not eat me. Not a financial advise, good luck everybody! Want to trade using binance? Use the code: VWIHM3P5 when signin up in binance! Helps a lot! Leave a tip if you find this helpful! Idk how tho wwww good luck~~
Remember that VET has a potential price target of 3.6, it is still currently very cheap! Plus, the ascending triangle clear shows that VET is still respecting the bottom trend line, and is looking to breakout any day soon. Giving us a price target of 0.35 after breakout. This is the only coin that has not been affected too much from the bitcoin dump, really gives...
Currently DOT is still deciding whether to push up or go for a deeper correction. My setup is so: If DOT stabilizes in the 35.5-36 dollar level, a break out of that would give us a price target of around 42 dollar (sorry if its really of/inaccurate im dragging using my phone and it has been hell to do it). If the following two days DOT does not see a price...
Taking the ATH and the lowest it reached during the flash crash, we can see the fib retracement showing us few meaningful points. Firstly, bitcoin struggled to get pass 382 zone and barely hit the 236 zone on the 4 hourly, where it instantly dipped again. This confirmed that bitcoin just lack the buy volume to push it further, and so our bear price target would...
From the previous sell off, you can see that the drop was anticipated by the bear flag it was forming from before. Now, we see a bull flag, where the price has just broke out of the flag. The breakout will be confirmed once the 4h candle closes, which gives us a price target of 36 if pulled from the relative bottom and top of the bull flag. If the price goes back...
VET has been doing well recently, with it breaking the strong resistance at around 0.94 (red magneta ish line). And if you zoom in to the 4h time zone, we can see a clear ascending triangle forming against the resistance and lower supports, thus this break out was soon to be due anytime. Dragging from the tails of the ascending triangle, we get a price target of...