The market was a bit overheated, drop below 55k (touching 54k) would be another buy opportunity in order to catch another ATH.
Sorry, this one is for crypto evangelists. I would like to mention that each BTC bull market ended by a strong rejection of the multi year cycle of USD. I dont want to be a party-popper but this could be the reality
The current market is pretty tricky. I am more likely on the selling side but we could have a bounce. It 50-51k wont hold I will say good bye to the bullrun!
Today I went trough the market looking for some undervalued coins. CRV looks pretty promising, lets see if it can make a 100% gain in the next upcoming trading session. I am not a fan of these unknown coins, but its chart looks great to buy. :P
Bitcon looks like that it wants to bounce. Not sure if the market is strong enough to make another ATH from this level. Let's see how does that resistance trendline will act at the top.
Analysis: Copper is still in a strong uptrend, the industrial demand for it is in all time highs since its one of the most used commodity used by the electronics industry. Right now its price went into some overbought territory in my point of view, and I am waiting for some sideways movement before another ride to the upside.
In my previous analysis, I expected a correctional move to the upside. Since the bearish pressure from the upper trend-line was too strong, my idea was rejected. So far we have a stable momentum to the downside. I highlighted my final trade on the chart with all the details. If you liked this setup, you can find some more details with price signals at :...
XRPUSD looks like managed to make a potential base for the upcoming madness. I expect huge gains on this coin. So far I think Ripple is the most undervalued coin from the majors. I am not an altcoin fan, but XRP is one of my favourite coin to watch. On a long run, XRP can potentially reach a 330$ level based on historical movements, it also means that XRP will...
USDJPY looks amazing to short, it is way overvalued, so I am looking to short it than I would like to buy it back after a decent drop! My trade setup looks like this.
Since then the market was pushed back a litle bit, reaching a low value (55350) then it was bought back again back to my trading channel. Right now I am waiting for a breakout which will hopefully will be strong enough to touch my first take profit target at 64000$.
Analysis: Ripple performs really well since I posted my bullish view about it. So far my position went into profit and it looks like that the digital currency will do some good performance in the near future. Right now the market managed to climb above the .50 cent level which was acted like a major resistance. Right now I am expecting a sudden rise to break above...
Bitcoin looks like its ready to bounce from this level. This potential move could make a decent jump to test the ath levels again. Since the market is still trading on my bullish channel, this is the best opportinity to buy. I am also think that Ripple could catch up bitcoins performance in the next following months, it could overperform bitcoin by a lot.
EUR/USD on 4H | 10.03.2021 Analysis: EUR/USD today managed to show some strength. In my previous analysis I mentioned that I am looking to buy the upcoming dip on the market. Above we have a major support/resistance level from 1.20000 that will be on my focus. Today I am still looking for some value, and I opened a long position with the following...
So far DOGECOIN managed to bounce as bitcoin reached another low. This is something like a buy-in opportunity for people who are strongly believe that DOGO will reach the 1$ level. That would be a huge move, pushing the market cap into some huge levels. Not sure it it is sustainable, but it could happen. So far looking at the log chart of DOGE/USD there is the...