EURUSD possible low risk reward short idea. It also means that BTC is going to fall more and gold will retrace to the 1790$ level. Lets see what happens till the end of the week. There is a great opportunity to short the EU pair and there will be an upcoming long opportunity as well, once we cleared highlighted zone with the fall.
Analysis: ETH managed to hit another ATH near the 4380$ level and it was pushed back by the top of the bullish trading channel. Right now I opened a short position since it's possible that the market will finally do a deep correction in order to clear the weak hands on the market. Leverage liquidations can create some ugly noise on the market. Trade: SHORT Entry:...
This is something more friendly, but the same analysis that I have posted earlier.
Analysis: What to expect on next week? So far BTC didn't managed to break another ATH while a lot of other coins made some good progress. Since BTC acts like a market index, by looking at the daily chart we can observe a hesitation around the 60k level. There are a lot of noise near the 50DEMA also ( it was reallt supportive since the start of the bull run - green...
Elon Musk will save your funds? I don't think so! Analysis: Doge is one of the most trending coin on the market and it has some more potential to grow since the "DOGEFAM" community is in an exponential growing tendency. The main goal of the DOGE community is to reach the 1$/coin level. If you are planning to invest into DOGE, or you are already own a "bag" of...
Analysis: Gold made an amazing performance so far, bulls are raging on the market and we are really close to my first target( 1850$) from my earlier trade from 1750$. I am waiting for a corrective move which can bring some buyers to finally break the 1850$ level as well. A correction on the crypto market can bring some attention to the precious metals market as...
Here you can see the crash that I am waiting for since 2 months. If this will happen on all exchanges, a rebound from 30c or 70c will going to take of ripple on the roof in a few days.
Analysis: Silver looks pretty amazing since the market managed to bounce from the 200DEMA near the 24$ level. So far we have a beautiful bullish trend on the daily chart but we also reached a zone where we can have a lot of bearish pressure since the current price zone ( 26.5-28$) can give us a lot of noise on the short run, but my ultimate target is above the 30$...
Since the project is based on providing liquidity to the market, there is a huge use case for these kind of projects since we are in a liquidity crisis right now. We need to go back to the initial trend!
It could be a long term hold trade if there will be enough pressure from the buyers. We could test the 2018 highs if this going to happen. Lets see if the fundamentals will play out in the favour of this momentum.
I know if you see this you are going to hate me. Thats alright, you will say that "come on man, this is a supercycle, the bull market didn't even started yet". But lets try to make your own analysis about the market fundamentals. I am not saying that 64k was the top because I cannot measure the faith of crypto noobs on the market, but we are really close to the...
Analysis: Gold was advancing to the upside since our last trade (27.04) and I am waiting for a price action for the price to hit my first target in the upcoming weeks. Once we can manage to clear the zone near the 1850$ level it will open the road to test the second target around the 1960$ level.Bad fundamental news from the worlds large economies or...
There was something hope for BTC to recover with that bullish candle that closed above 57k, but the market is weak as hell, we need 1 trillion at least to make another good run, but the daily chart is shittening so hard. My plan to recover my losses with this possible final dead cat bounce et the end of the bull run.
Silver breakout has been retested. Already on a move to break the resitance levels above. Another try to break the 30$ level is on the way.
Bitcoin is still in the mid of its huge corrective move while ETH breaking new ATH-s. I do not think that this rise was a healthy one. I will try to short it back until we reach some normal values compared to BTC. Risk reward is still low. My short positions on BTC and XRP are still active, both of them are in profit so far. Let's see what happens next week.
Analysis: Right now I opened a long position, as a reaction of the latest pullback from yesterday. This pullback can attract some buyers to push the price to the 60k level where we could have a consolidation for a few days, or if we have a strong bullish candle which will close above the 61k level It can open the road to the 68k level first. Right now the risk...
Analysis: I give up shorting XRP since there is a huge hype around crypto again. I was expecting a lower low before another major rise but I think its not the case. If we look at the chart of XRP we can observe a reversed head and shoulders pattern with a retest pullback from yesterday. This could be a potential confirmation of a bullish upside momentum pushing...
Analysis: If we look at the chart of BNB we can observe a breakout from a weakly formed triangle, but the price action was dumped so far (fakeout-too early). I kinda have a feeling that the market needs to revisit its 50DEMA in order to move higher. I am not planning to open long positions until I can see a decent pullback to test the average. Trade: Buy - wait...