This is my kind of plan currently with $BTC. Still a risky trade, since the price has lots of resistance above and price hasn't, but bulls have several points in favour and price might set 57.5-58k as a good support. Small capital risk on this one. Let's see what the market do.
CRYPTOCAP:BTC just printed a "magical" green candle, after a kinda "bearish" upward movement with a lot of divergences. No one was expecting an upward movement like this, and really caught bears and shorters by surprise. The short squeeze here was brutal and a lot of shorters must be in pain. Anyone could be asking themselves, "what the hell just happened?"....
There's no need of much indicators to see price action on ETHFI. There seems to be an inmense and obvious change of trend. Price triple bottomed between 3.20usd and 3.30usd and printed three massive green candles in 6h graph that broke an imporant resistance of an horizontal channel where the price was trapped in since 14th April and broke the diagonal resistance...
Currently, Bitcoin is in a rather narrow range between $60,000 and $65,000, where bulls are defending their last support at $60,000 against the bears who have taken over the trend and set a lower high on the daily chart. The last hope for the bulls is to attempt a bounce from the Fibonacci zone between 0.786 and 0.618, which has not yet been tested. If this zone...
CRYPTOCAP:DOT has been trapped in a falling wedge that started forming in March after almost touched the 12 usd mark, and just broke out yesterday printing a CHOCH and potentially drawing a higher low in the next hours. Currently the price looks extremely bullish to me and if the plan goes well, we could see it reaching 8 or 9usd very soon. Beware also that an...
Looking the CRYPTOCAP:BTC graph upside down we have a better perspective of what might be going with CRYPTOCAP:BTC in a wider perspective and outside of any bitcoin-maxi opinion on the fact that we are still doing bullish patterns and the price should see 72k soon. On a higher timeframe what we can see is that: Bitcoin broke a very important upward...
BNB printed a triple top some days ago, broke a support and now it's placed right in the fibonacci zone of the pullback. A good downward reaction of the price from here could bring the price down to 560 usd.
LSE:TIA peaked on February at 21usd and since then it has been softly falling to an important fibonacci zone, and got heavily rejected at around 8usd, just inside a high demand zone. Currently the price is back in the fibo zone, still inside the resistance of the downward trend. The price needs to breakout, break 12.40 resistance, do a proper pullback and react...
NYSE:AXS looks incredible good if this inverse head & shoulders fromation plays out. The price is currently on a -95% retracement from it's ATH, talking about barghain this could be once serious opportunity to buy cheap and make profits. If crypto bullrun continues, we could be ahead of a massive move incoming, target is 140 usd or the sky, if CRYPTOCAP:BTC ...
Price got heavily rejected twice at around 422 mark, with lower highs and lower lows being printed on the weekly chart. On a higher timeframe, the price has bounced again from an upper resistance. Not any meaningful bearish divergences aside a soft triple bearish divergence on the monthly chart. In the scenario of a pullback, price could bounce from the 370 mark,...
NYSE:ALB retracing inside the 0.786 and 0.709 zone from it's ATH, price doing accumulation and seemly on the search of change of trend. Massive bullish divergences on the RSI. Price currently inside and over a huge demand zone and touching exactly over the 200 EMA on monthly chart. RSI looks oversold. Huge fundamentals on this company.
NASDAQ:CHTR looking oversold, and several bullish indicators converge in the chart right now. A 0.709 fibonacci retracement of the price landing right in an historical support/demand zone. In addition, a hughe bearish divergence from previous low. Targets could be very high if a good bullish movement plays out.
The Mosaic Company comes from a long accumulation period, breaking out from a bearish trendline, doing new highs and now pulling back to the 0.709 Fibonacci level. Great chance to buy now and sell on previous high, or hold for very long term.
NASDAQ:TSLA testing an important conjunction between a golden fibonacci zone of the pullback from it's ATH, and the price about to touch the monthly trendline. bouncing from here could lead a nice bullrun of the price looking for new highs. Eitherway, the graph only shows the greatest scenario. Bearish downward breakout could playout aswell.
NYSE:GS price recently broke out from a pennant, and the price seems to be bouncing from previous high. If we properly get a pullback from here to around 322-330 usd, it would be a great oportunity to buy and hold until 470-500 usd. The price has yet to test the top of the pennant and the trending line aswell. Breaking the trendline could make the current...
NYSE:YPF breaking out from a massive pennant and doing new local highs, waiting for a pullback to 10 usd. Amazing opportunity to buy between 7 usd and 11 usd and hold very long term or sell at 35 or 50.
ZALANDO making a breakout of a two resistance, a nice bullish divergence working out aswell, looking forward for a higher high or a retracement to 10 usd to buy. Selling in 44 or holding until 80 usd.
NASDAQ:WBD looking oversold, very close to it's all-time-low, bullish divergences respecting a trend line. Good time to buy, hold very long or sell at 21.