CRYPTOCAP:ETHFI seems to be breaking down and is currently diving into a zone of strong accumulation and great danger for Bears. ETHFI's all-time-low was 2.60 usd, while 3 usd remains a strong support. Let's see what plays out. Our stop loss might get hit and we go rekt, but it's do or die.
Current areas of support and resistance in Ethereum. Watching these areas for entry or take profits points.
CRYPTOCAP:BTC has given a lot of bullish signals of recovery in the past weeks after a long series of bear behaviour in the last two months. Even though the price now seems to be in a downward direction, painting lower highs and lower lows in the bigger picture, bulls have retaken the 60k support, and broke out from the descending channel. Bulls tried to break...
TSXV:AGLD price has been reacting pretty well to a strong demand zone right below 1usd mark. The price just broke out from a price resistance aswell as broke out from an RSI resistance. This is pretty bullish. Price should break 1.113 mark in order to establish a proper CHoCH, and a pullback towards 1-1.05 should be a proper position for a swing long. Stop loss...
Often overlooked, TVC:DXY chart is inverely proportional to CRYPTOCAP:BTC price. If TVC:DXY is bearish, CRYPTOCAP:BTC will probably go bullish, and if TVC:DXY goes bullish, CRYPTOCAP:BTC probably goes down. TVC:DXY can work as an indicator of CRYPTOCAP:BTC next moves, or even a good way to find bottoms or tops on Bitcoin. Since a top in TVC:DXY ...
TSX:FTT reacted well to the psychological support of 1usd, it's all time low! Price pumped agressively to 6usd in a few weeks and came into a downtrend ever since. But price seems to be willing to make a change of trend, and it broke out from a diagonal resistance. Currently not yet giving us a CHoCH. But I like what I see in the chart. And anything below 1...
We wake up with the news that Warren Buffet has sold a grand part of his $APPLE shares. Looking at the graph, the price has "casually" printed several bearish patterns and divergences, and it's currently potentially reacting to the 0.709 fibo of the bearish pullback, in order to look... lower prices? A double top with bearish divergence is a very strong bear...
Dollar strength bottoms historically marked the tops of the Bitcoin bullrun. If the dollar is used to buy Bitcoin, then if the dollar loses strength, more dollars are needed to buy Bitcoin, right? Then if, in the future the dollar crashes hard, can Bitcoin make a super bullish rally?
CRYPTOCAP:SOL struggled to mantain one of it's main support and brokedown from there. Luckily as a hope for bulls, the price bounced from an horizontal support/neckline at around the 117usd mark and is now back in the trendline looking to be back on trend. Failing to do so could push the price down to retest the horizontal support and probably make the price...
Possible bullish scenarios on Bitcoin. Where what most interests me is a hidden potential bear trap at the 57.5k mark, that is not much talked about. People talking about going to 53k if CRYPTOCAP:BTC breaks the 59k support is supper beneficial for bulls, since this might convince a lot of traders go short from there, and when price touches 57k a massive short...
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...