Just a quick trade set up that could be a good LONG to take. Price looks to have printed an inverse Head and Shoulders which looks like a bullish reversal. Along with the Bullish inverse Head and Shoulders INJ broke the bearish diagonal trendline with a strong retest as new support and consistent higher lows being posted. Using a price forecast that is a...
Currently, Bitcoin is facing several resistances prior to its attempt to reach all-time highs (ATH). A correction has started from the first resistance level, which could lead its price down to $63,000. It won’t be easy to break through its ATH because there’s a significant amount of money waiting at those resistance levels, ready to exit. Therefore, Bitcoin...
Last weeks high: $71,999.47 Last weeks low: $69,028.57 Midpoint: $66,057.66 After a historical week for the crypto space with the ETH ETF approval has meant that BTC has taken somewhat of a backseat. Currently battling with the '21 ATH at SWB:69K while ETH is beginning to pic up strength in the ETH/BTC pair and take volume away from Bitcoin. Ethereum has been...
We have to keep seasonality and mainly Higher Time Frame in mind and we should trade with it. one of many reasons is usually there will be LRLR (low resistance liquidity run) when we are with HTF Orderflow and Seasonality.
We can see How beautifuly -D OHLC manipulation is overlapping with discount + Old Low. THOSE TARGETS?? -D OHLC Distribution + 1/3ADR + 1/3AWR and mosr recent one + manipulation D OHLC
With the Ethereum ETF decision just days away, ETH has made a massive breakout play in an effort to front run a positive ETF outcome, the approval of VanEck and ArkInvest/ 21Shares ETH ETFs on the 23rd & 24th May respectively. In terms of price action and charting this is how I see it. Now that price has broken out from the downtrend and hit the Bearish OB as...
Not Financial Advice TL;DR Bullish Pennant on BINANCE:ETHUSDT daily chart, upwards breakout target would be very close to 2021 ATH. SEC approval of VanEck ETF (final deadline on May 23) could be a major catalyst. A rare case of (potential) technical and fundamental confluence: ETH has been building a Bullish Pennant since the end of the Feb 5 - Mar 12...
History doesn't repeat itself, but it often rhymes... We're now in the post-halving part of the Bullrun, and we can look back into Bitcoins history to help predict what might happen next. Typically A bull cycle lasts 1065 days from the low to the high with the halving event in the middle. If we use that same timeframe and apply it to this Bullrun we can...
Bitcoin is in a tricky place right now. The fear and greed index has cooled off massively and now sits at a neutral score of 55. General sentiment is very poor and after nearly 2 months of sideways action traders/investors are getting restless especially after the promise of price rally post-halving, but is there any positive news? The chart is pretty clear, HTF...
AVAX is currently entering the main trend in the middle. If this is successful, I expect a strong peak after the second half of June. I want to highlight two important dates: June 21 and August 5. As seen in the chart, AVAX is moving within a strong upward trend. Currently trading at 40.500, I foresee the possibility of AVAX moving towards the 148.000 levels....
Last weeks high: $67701.33 Last weeks low: $64227.62 Midpoint: $60753.92 We have lift off... maybe? Bitcoin has spent the last 2 months chopping between the low $70K's and high $50K's after a strong rally. However, it looks like strength has returned at least for now in BTC after the CPI print of Wednesday last week. This volatility influx moved BTC back above...
Gann Square on CRYPTOCAP:BTC indicating a decisive movement over this Wedge There is a region of several confluence trendlines marked in the orange circle That region will be reached by end of this month according to this analysis
Bullish pennant on BINANCE:BNBUSDT Not Financial Advice Fib retracements are drawn between the ATH and the 2022 low. Some levels are still very well respected. (The pennant's low, matches exactly 0.618 fib) We are very close to the pennant's convergence, so a breakout should be imminent. Watch for a breakout of the resistance trendline (solid orange), as...
CME_MINI:NQM2024 - PR High: 18657.00 - PR Low: 18640.00 - NZ Spread: 38.0 No significant economic calendar events Pushed ATH to ~18760 - Faded back inside Wed range - Inventory response of prev session low, slight session break gap up - Relatively low volume to start the session Evening Stats (As of 1:45 AM) - Weekend Gap: N/A - Gap 10/30 +0.47% (open <...
Are you getting bored yet? Another week of chop has elapsed, and in short there is not much else to say on the surface. BTC took out it's previous weeks high and then retraced roughly half of the progress made, filling the FVG left behind by the local move up and creating our range low for this week. As it so often does, the range perfectly shows the levels of...
NEAR is a project that covers all the bases. A Web3 Layer 1 with the capability for unlimited transactions per second (TPS) that's transparent and accessible to everyone. NEAR protocol has begun venturing into the AI space pushed by Co-Founder Illia Polosukhin who is an AI researcher himself, with an AI marketplace as he believes AI is one of the core verticals...
The gold pair moves in a vertical upward price channel and gives respect to their upper and lower trendlines. If the market loses its momentum on the ATH level of gold then it's a chance to move down and some retracement it. There is a big zone on the ATH T.F of gold that is 2400-2430. And if the market respects that zone then we see to reject price to lower...
The gold pair moves in a vertical upward price channel and gives respect to their upper and lower trendlines. If the market loses its momentum on the ATH level of gold then it's a chance to move down and some retracement it. There is a big zone on the ATH T.F of gold that is 2400-2430. And if the market respects that zone then we see to reject price to lower...