(6/1) Means, in this profile for the past 7 trades, 6 were successful, and 1 were wrong. In this case there are two important supports (black lines) and the 1,618 fibonacci extension was acomplished.
In order to know what the direction of the crypto market will be, we must go to Bitcoin first, but if it does not give us a clear analysis, we go to Ethereum. In this case, excellent Elliot wave behavior can be seen. Wave 3 arrived just at the point it had to reach, and so did wave 4. Right now wave 5 is developing, which tells us that it will reach the previous...
Price has formed a bullish flag (orange). Recent price drop has been because of Black Rock's lack of purchases, Chinesse ETF boughts below expected, and some other negative news like CZ arrested, etc... If price closes below first gray support, would be a bearish escenario. If we close today above 61k would be a positive signal. Stay tunned
looks buy to buy in spot right now Besides the rejection from purple support, it has been rejected from 61.8% fibbo, what tells me that correction is over and now we are goin to wave 3 (very bullish). projection of wave 3 is around 5 USD (x4)
I'm not fan of this altcoin, mainly because it has a large market cap (which means most difficult to grow), but what we can't deny is the fact that it's a coin which has been doing it well since ever... Besides that, this coin is the second to grow after bitcoin pumps. Now, talking about the chart, you can see price is about to break main resistance (red) and is...
(6/0) Means, in this profile for the past 6 trades, 6 were sucesful, and 0 were wrong. In this case, this trade is supported by 3 reasons -Gamecoins furor -BTC is doing higher highs -Currently price of BIGTIME is just over 3 supports Happy trade!
In the chart you can see two patterns, the bullish triangle (black) and the bullish flag (orange), which give the next minimum objectives for the price of Ethereum 3257 and 3122 respectively.
#BTC Update My main projection (56k) was smashed strongly, So there is only one possibility (according to my analysis) of a price target before having a considerable pullback... this possibility is the last one (approximately 65.7k) whose price coincides with the all-time highs of BTC. This would only be wave 3, then wave 4 would come, which would make the price...
Hello dear friends and followers of my analysis... on this occasion I explain one of the reasons why I believe that the price of bitcoin has not yet reached its maximum price in this bull run, and for this I base myself on data from the past ( left graph) at the time when the first bitcoin ETF in futures was launched, which was October 19, 2021. I think that the...
My idea is so simple... if price rises above all 3 blue lines, we will have a bullish scenario (its what I consider is going to happen soon), but if price falls below pink lines, we'll have a bearish scenario to 40k at least.
(5/0) Means in this profile for the past 5 trades, 5 were sucesful, and 0 were wrong. Very good opportunity to enter both short and long term, this is a very good coin, and looks like in this alt season the protagonists are going to be the exchanges.
We are definitely in an ideal area to start investing in altcoins, since as you can see in the graph, the current area has previously been a great resistance in terms of the sum of the dominance of bitcoin, ethereum and the main stablecoins.
(4/0) Means in this profile for the past 4 trades, 4 were sucesful, and 0 were wrong. In this trade we have in favor of our trade: -Rising wedge (this indicates a proximal drop of price) -VuManChu sell signal and divergence (those 2 combined are very good signal) -Strong long term resistance (black line) -Small short term resistance (pink line) Have a good trade!
In this analysis we can see that the best time to buy or accumulate Bitcoin is when price is between 1000 and 2000 1D SMA, and excellent prices to buy is when BTC touch 2000 SMA, which is very rare to happen. For this cycle we saw the first time price of BTC fall below 2000 SMA, this due to negative events in the crypto market (such as Terra, Celcius and FTX...
In this famous technical formation called "The fish misses the old days" it indicates how much the fish misses the price of times gone by. So it will try to recover those prices (in this case, higher prices), so the price will go up thanks to the fish. This coincides with the fact that crude oil has been rising aggressively and it is a matter of time before gas...
I don't want to write a lot of words now. so in summary if an hourly candle breaks price below mid-line of the VWAP channel (blue line) with an engulfing candle, it would be a good opportunity to short gold.
In this analysis we can see there are FOUR, I mean, FOUR!!! strong resistances: -Top of blue channel -Black resistance -Green resistance -0.382 Fib. Retracement If price can break all of those 4 resistances, Would be a green big dildo without retest of those resistances.
Divergences combined with wedges, as in this case, are patrons which I love because of its effectiveness, so I'm bearish on USD from now.