Very clear rejection of this key level supported by a bearish RSI divergence in the 4H time frame as you can see here:
$XRP is currently trading inside a pennant pattern waiting for a breakout while $BTC is trying to liquidate leveraged shorts setting at $38k before bleeding again with a -10% or more. $XRP's lawsuit with the SEC is so boring as they postpone the decision making. $BTC broke below the bear flag which is a very strong sell signal that will take alts to more than...
This is just a small correction on UJ because of DXY retesting 103 mark as you can see here: You get 1:3 RRR on this trade, but you will probably have to hold it over the weekend.
Jasmy coin loves to rally +10% a day, after breaking above the down trend printing it's new higher high, JASMUUSD is now in a pullback while $BTC is in support showing nice rejection as you can see here:
US500 has been down trending for almost 2 weeks, after the 3rd impulse to the down side we expect market to reverse back up for that double bottom especially after today's CPI news, inflation rate in the US reached 8.5%. My confirmation to take this trade are: - Bullish candlesticks forming a double bottom setup - Bullish Volume - RSI bullish divergence
For those who don't know Audius, here is a snippet from CMC: Audius is a decentralized music streaming protocol initially built on POA network, but now living on Solana. Audius was launched to remedy the inefficiencies of the music industry, which is plagued by intransparent music rights ownership and intermediaries standing between artists and their...
Back from where it started from in stop loss hunt mission, a break below 38500 is a strong sell signal! price will go down directly to 37700 and below. Remember: Exit while you can :)
$APE broke above the most important resistance in the chart, now retesting it. Waiting for more rejection to long it. First target is $20 then take some profits and let the rest run to $25.
I have became bullish on AAVE after Elon musk appoints AAVE's founder as Twitter Interim CEO. The H&S might be valid after a break below it's neckline and this W pattern will be invalid as price will go down hard. Anyway; keep watching $BTC for a confirmation.
While Ethereum struggles with high gas fees and the switch from pow to pos , Fantom is way more utile than ETH till they upgrade to ETH 2.0 maybe in 2023. For those who don't know about FANTOM here is a brief definition from cmc: Fantom is an open-source decentralized smart contract platform for DApps and digital assets that was created as an alternative to...
I think the chart says it all, isn't it?
CROUSD price is down 60% from ATH (0.97), CRONOS has a very big upside potential with a good RRR 1:15 almost if you hodl to ATH. CRONOS is a sponsor of the world cup 2022 in Qatar, more volume will get injected starting from Q3 this year.
Chart says it all, after making a new higher high GBPAUD is now in a correction phase which is a good opportunity to go long. market direction is now reversing and this might seem more obvious after a breakout of the H&S neckline! for me, i prefer to take a long in the right shoulder to get a better RRR. Risking a max of 1% for this trade setup is okay for me at...
This is a bullish scenario for $BTC to reach $52k, nothing is conformed yet! This might get invalid after a breakdown of the bull flag. Trading is waiting.
After the break below of the H&S pattern, $THETA price is in a pullback move towards the neckline. Looking for clear rejection at the neckline to short it down to 2.6
Tell me not to short the pullback? very clear breaout of a strong support that has been holding for several weeks! Now price going for a retest before we see the massive sell off in $NEAR I've already anticipated this scenario as you can see here:
After up treding for several weeks, $NEAR could't print a new higher high and now price is in a correction phase bofere an impulse to the down side to print the new lower low! I am only taking this trade after a daily close below neckline of the H&S pattern. If price bounced from the neckline I will be waiting for the short in the shoulders resistance if market...