TA explained MASK is holding up strong above the 4H 50MA, looking good for upward continuation. Trade setup Best entries: 9.9648 - 10.3222 TP1: 10.9785 TP2: 11.6138 TP3: 12.2686 SL: 9.6447 RR: 4.31 Max leverage: 3 ————— MDSquared Crypto Lounge ————— Do Your Own Research (of course) Trade at own risk (of course) Only trade what you can afford to lose (of course)
TA explained DODO is following text book price action so far after the formation of the W-pattern and the pullback to retest the neckline of it. Since the breakout of the descending channel/falling wedge end of September, price has been trending upwards. The trend is even more clearly visible on the 4H chart as can be seen here: As you might have figured from...
TA explained LIT is trending above 4H 50 MA, after the latest pullback next up is a higher high. Trade setup Best entries: 4.490 - 4.580 TP1: 4.925 TP2: 5.187 TP3: 5.506 SL: 4.247 RR: 3.39 Max leverage: 2 ————— MDSquared Crypto Lounge ————— Do Your Own Research (of course) Trade at own risk (of course) Only trade what you can afford to lose (of course)
Rune formed an channel. It is also the resistance of a big triangle since May. Bullish Stochastic RSI. RSI formed a triangle. Support at 6,4 USD. Support 21-EMA-Daily. Support also 50-MA-WEEKLY. Keep an eye on Rune in the next days. Just an idea.
It's weekly graph of BTC. If it can't hold weekly 50MA and brrakdown the wedge it will be a bear market. This graph is very close to the 2018 graph.
The big question is..... will history repeat itself for a 3rd time? If we look at the BTC Daily Chart, at the moment, it looks like BTC is in a massive Descending Triangle, its apex is around October - Dec 2022. For those that don’t know, a Descending Triangle is a Bearish Chart Pattern. BTC needs to CLOSE back ABOVE its Descending Trend-line! If BTC cannot...
The past week, $AI has been consolidating below the 50 moving average, trading sideways until reaching the descending resistance trend line. In the meantime, putting 2 higher lows, forming an ascending support line. If this week it breakout above 50 MA, it’s a buy for me. Entry at $52.41 Target 1R $60 Stop loss $46.44
XRP formed a triangle on 4h chart. XRP is also above the 50MA-daily-line. The past has often shown that there was strong resistance. Just an idea.
BTC formed on the 1h chart a small bullish flag. BTC is also above the 50MA-daily-line. The past has often shown that there was strong resistance. Just an idea.
Intro: - KuCoin evolves into one of the big competitors of Binance, FTX and Coinbase. - Often times Coins are listed earlier on KuCoin than on other major trading plattforms. - The current marketcap is around 1 billion which is much smaller than the marketcap of the main competitors. - It takes some time to create such ideas and drawings. You are welcome to pay me...
Intro: - Ethereum currently has the biggest ecosystem and running smart contracts for a long time. This headstart led to a big market dominance compared to its competitors like Cardano , Solana, Cosmos, etc. - The change from POW to POS will help ETH to gain mass adoption. - It takes some time to create such ideas and drawings. You are welcome to pay me back with...
So far above the 200 MDA... 50MDA will serve as first support IMO. When the waterfall cascades, 200MDA should hold.
Pfizer is in a strong uptrend and its hourly keeps coming back to the 50 MA. Each time it has come back to the 50 MA, it has met at a support area. I believe we may see PFE run a bit higher before it returns to the 50 MA as the RSI is undecided (although slightly on a decline). The hourly wicks also do not show any signs of a pullback yet, which supports this...
Hello traders! We see the trend being broke on the smaller time frames like the 15 minute. It has passed the 50 ema as well as the 25 ema on the 1 hour. We see it was a bullish ride but now the bears are in control of the market. There was also a bearish engulfing candle for the entry so now we ride it all the way down. It is overbought on the larger time frames...
We have seen a huge rally up to resistance however we cannot break through. Most of the bulls have taken profit and it is overbought on the 4 hour. We can expect to see a move down to support if it breaks the maroon trendline. We are still in a bearish market and this only proves we will continue follow structure.
I have been waiting for this bullish move up for a few days now and it is finally here. We saw it was oversold on the 4 hour and 1 hour. We saw that it didn’t break the trendline I set in place and people took profit if they used the fib Retracment tool. This means if people aren’t selling, the bears lose that momentum they had. Now the bulls are winning. I do...
As we can see we have a good pull back from the support level of 29k But BTC still struggling to break 32.7k range.In weekly time frame Btc trying to break 50 MA.WE can see good dump in BTC in coming days if BTC can't hold above 50 MA .
Here we see a classic buy set up. It has been oversold on the larger time frames. We see that it is also rallying up by breaking my maroon trendline. On top of that we are very bullish considering it created a new higher low. All of this confirms to me we are set to move up and test the resistance line above.