Price took out the buyside liquidity. With bank of kapan interest rate decision tomorrow I am thinking this break above the high was a manipulation. A break below and we can expect a decent retracement after this long run.
What's next for #bitcoin? I personally believe we can drop to the $28300 area. if this was an organic move we should start seeing some correction. Although we don't see many short liquidations, some would argue we could be going much higher before any retracement, which is possible also. key interest areas for me are $28.3k and FWB:27K area. also with #BTC...
after retest of the broken resistance at $0.625 area we can see another impulse up. let me know what you think.
price has formed an inverse head and shoulder and is squeezing to the trendline. expecting a break and growth.
Hello traders for the week ahead I have chosen these four assets to watch. the parameters that was taken into consideration was mostly onchain and fundamental data of these assets. as you can see I have showed the possible scenarios that I think are possible for these assets. let me know what you think in the comments.
Hi everyone! Yesterday whales were dumping ENS on the ENSBTC pair. As you can see we are on top of the range and the price has been rejected multiple times from the top. I'm expecting a drop followed by a rise from the last support. Please let me know what you think about this idea!
Aragon ($ANT) has been consolidating in a range on higher time frames. now the price is squeezing to the top of the range trying to break it. i would enter a long position after a successful break.
There has been lots of rumors about Decentraland regarding their number of active users. some sources claim it is less than 38 users per day. although the whole crypto market is primed for more down fall , I think we can see a V shaped recovery for MANAUSDT since the price is down 92% from the ATH. otherwise if we brake below the support we can expect more...
traders have been accumulating inside this massive triangle for some time and a breakout is very possible, on the other hand, if we see a pullback to the trend line and hold it one more time we will open a position. thanks for boosting this idea in advance!
MANA is one of the good projects in the metaverse which still havent pumped like the rest of the market. i think we can see a rise after succesful break of the triangle.
this weekend we have seen gains like crazy. most impressive of all was the ETHEREUM which revisited the 1420$ area which is very important. on one hand, we have the fundamental analysis which indicates FED is going to raise interest rates one more time at the end of July, on the other hand, we have technical analysis which we can see we are more likely to fall...
ETHEREUM has been trading inside a range after the massive drop. as we can see we possibly have a triple bottom pattern. after the break and retest we can enter long position, other wise it is expected to remain within the range. please like and share this idea
price is overextended to the upside on 6h and 8h. it's a scalp trade so I won't hold it for too long.
in the crypto market, after massive drops like the past couple of months, the market transitions from distribution to a possible accumulation or re-distribution phase. if we are switching to accumulation in the crypto market, most of the traders would think that whales are only accumulating crypto on FIAT pairs which is wrong. they even profit when they are...
seems like we are seeing a rejection from the 0.618 Fibonacci level on the daily impulse for the apes. since we are still in the bear market there is a good chance we can see a swing to make a lower low. I'm also seeing a partial take profit from the bulls which bought ape at around 3$. please like and share this idea.
after massive gains traders are now taking profit on daily and weekly resistance. expecting a drop. please lake and share this idea.
after the drop price now seems to hold the support level indicated on the chart. if we hold the support today we can expect a rise to 18$-18.40$ area. please like and share this idea.
as we can see on the chart price is forming harmonic patterns one after another, both on higher time frames and lower time frames. I'm expecting a drop from the daily resistance zone. please like and share this idea. NFA DYOR