Personal take on BTC movement: 1. Massive retracement from 65-66 zone down to 54-58 zone 2. Wick down to 54-55 3. Real buy entries from 54-55 zone
Following the wreckage of the markets, this is my revised TA of the ETH markets, simply by levels and Fibs. I don't think we're out of the red despite the long wick and green candle on the daily #NFA
$BUBBLE just launched across Bybit, Gate.IO, HTX, MEXC and a bunch of other exchanges. Looking at it's litepaper: bubble.imaginaryones.com , it seems like a possible high-potential play for the next big gami-fi project, with already tons of credible Listed companies backing it and collaborating with it. A look at the charts: TGE: 14th May, 10:00 UTC. Price...
If weekly fibs candle is respected, we can probably expect the 4hour timeframe candles to retest and bounce of the weekly trendline. Will be monitoring for buys after rebound, and price breaking through $127, with take profit point at $160, and 25% runners to $168
ETH/USDT has entered weekly fibs zone. With HK ETHETF, asian insto's money might trigger a push on eth. Locking in buy limits at 3032, all the way to 4092
If no anomaly occurs and bullish sentiment along with constant new developments on Solana chain continues, this current idea should stand, and will be my entries Entry 1:98.4 - long (After break above 4hour retracement high. Anticipate price to finally break the daily resistance. However, will secure partial profits at the resistance, and let runners run to 108...
2 factors drive my analysis for why I'm forecasting XRP to hit $1.22 this year. First: XRP ETF Speculation from Blackrock. - BlackRock CEO Larry comment on the potential for an XRP ETF on Fox Business interview “I can’t talk about that!” when asked about an XRP ETF. This left investors and analysts parsing his words for hints of BlackRock's possible foray...
Keeping the analysis simple, leverage only demand-supply zones and fibs to chart the solana-trader's emotions. At the time of posting, SOLUSDT is at month support - resist zone. DAY: SOLUSDT respected the supply zone on the day timeframe, and retraced downward. With volatility, I'm expecting some whiplashes. But with overall bullish optimism from the market,...
Congrats all Bitcoin holders, on breeching the $45K mark. However, take caution if you're derivatives, or keep your eyes peels if you miss the boat and are looking to get it. Zoom out. Go to the weekly time frame of BTCUSDT. 1) BTC is approaching a weekly liquidity grab zone (46,382 - 50,268) 2) I'm looking at a liquidity grabbing event at that area, with an...
If the market momemtum/sentiments and fluctuating prices of the crypto market is confusing you, technicals analysis is your best friend. 1) Monthly: No explanation needed. We're on a clear path to 60,653, after a couple of retest on the month + week support/resist zone. 2) Weekly: Similar story on the monthly, with 2 minor resistance levels to clear....
CRYPTOCAP:SOL has seen massive price movements yesterday, coupled up with massive whale activity (see whale alert) Looking at technicals. Weekly to Daily Timeframe: A clear up trend On the 4 hour, we are seeing retracements (Liquidity grab) nearing the weekly S&R. 1) I am looking at a resist turned support, with breakout on 106.58 (1 hour timeframe to place...
All my CRYPTOCAP:XRP HODLERS. After nearly 2 months of consolidation, XRP saw a slight pump due to XRP20 Inscriptions, that saw fresh 3-5m worth of payment transactions flowing through XRPL. Looking back at the charts, this pushed XRP to almost retesting a strong 2 months 4 hour resistance zone. Looking back at Aug, there was a similar duration of...
On the 8am (SGT) candle on a 4 hour timeframe, there are 4 long rejection wicks. Further left, resistance has turned support. The markets dip caused by Bitcoin whales selling 671m worth of Bitcoin might cause majority to expect a continuous sell, however, the rejection wicks shows strong bullish strength to defend the zone. I am expecting sideways movement for...
1. 4hours resistance is turning support. 2. 4hour candle is also in the 0.618 fibs zone. Bias for MEMEUSDT is bullish till 0.06, before some liquidity grab takes place. Probably BTC will be at 46k levels and going down to 37k :P
Don't miss out on XRPUSDT. Massive push incoming, and definitely a coin to hold for long. XRP's use cases are in the works across 12 major banks in 12 super power countries. As the backbone infra for digital payments, the natural disruption are the likes of WISE and Revolut. Its a long term hold for me for XRP. Before it hits $1 and all hell breaks lose (and...
As BTC approaches the 44-46k levels, we are entering higher timeframe resistance. Also, there isn't anything on fundamentals that explains the push logically. Prepare for liquidity grab. Possibly a wick up to 50k and a massive long candle down to 33k, giving nice clean traffic for the clear path up to 90k
As charted since 2 weeks ago, MEMEUSDT bounced around fibs zone, waiting for market sentiments. That said, do monitor MEMEUSDT's price as BTC approches the 44-46 levels. Despite the push up on BTC, 44 and 46k levels are strong high timeframe resistance zone. Also, there isn't anything on fundamentals that explains the push logically. Prepare for liquidity grab.
Following my previous idea post on XRPUSDT, the 4 hour candle has broken out of the fibs zone and day trendline. A close above the 4 hour dotted line resistance with resistance form signals a strong indicator that XRP might trend upwards till at least the ,7 levels. This move mimicks a familiar "U-shape" chart pattern that can be seen on the like of Gold, as...