The trend has been down and the current price for LDOUSDT trades within a lower high compared to the action before May 2022... But we see change. ✔️ The first correction was a steep decline. ✔️ The second correction less steep, a falling wedge. ✔️ The third correction is no longer a correction more like consolidation... We went from a steep decline to moving...
Easy to spot the classic Cup & Handle pattern on this chart. Litecoin is back it, silently, moving forward and ready to challenge its mid-February peak price. One can remain "objective" and say, "It can break or not break this level, we have to wait and see"... But really? What are these charts for? The truth is that we know exactly what will happen based on...
I am going with Cardano again because I have a very interesting signal to show you. This signal is based on the Relative Strength Index (RSI) and goes as follows... Let's start with the chart. So much to look at in a single chart. ✔️ 1) We have a long-term higher low; Dec. 2022 vs Dec. 2018. ✔️ 2) The cup (yellow) pattern indicates a bottom formation. By...
We are looking at perfect timing... When Bitcoin grows, the section of the Cryptocurrency market that suffers the most are the ALTSBTC, Altcoins vs Bitcoin pairs. That is because all the energy is sucked out of these pairs to fuel Bitcoin's growth. And thus the correction ended in a lower low compared to May 2022; this is no big deal. A higher low is...
The market goes in cycles and waves... It is a process and there are many different ways to approach it... It can be learning, it can be entertainment, it can trading for profits or it can be an escape. Trading for profits will require knowledge, experience, a plan, timing... Timing the waves. Buy when near support to sell at resistance and then buy...
I highlighted a inverse head and shoulders to kick off the #litecoin's halvening bull run It has in my opinion now broken to upside --- woo hoo but digging into some croos coin analysis against #ETH found some stunning potential of upside against the number two coin 3.4X on the table 0.05 LTC/ETH to 0.16 LTC/ETH this hugely significant as we know ethereum...
Altcoin market with a weekly bullish divergence looks bullish overall and we expect the uptrend continuation in the mid-term. We are not looking for shorts now. When we get a pullback, it's a buy the dip opportunity. How deep the pullback can be? The price may retest the key support again but most likely it will create a higher low and confirm its bullishness ....
As previously noted, Bitcoin has hit a resistance area, causing the price to pause. Numerous indicators point to a highly overbought market, potentially leading to a price decline. The closest liquidity zone is highlighted in purple. I remain in long positions, but my indicators might soon prompt me to exit. I'm undecided about opening a short position, but should...
This uptrend suggests price could reach prior highs by end of year r
As can be seen on weekly timeframe QTUM/USDT has failed to hold the lows below the shown support and has also retested and rejected it to the upside. With this much bullish structure a test of high at 4.33 is ver likely.
MANAUSDT Grew by almost 200% in its initial recovery wave, that is January 2023. This might sound like a lot but when you put this into perspective, it is actually just a tiny bit of the total growth potential... See this chart... This is only the mid-term and the 6 months "long-term". We consider long-term within 6 months or 6 months or longer. When we...
You need multiple signals to reach a conclusion... Should I just go straight to the numbers, the chart with its potential or explain the signals? Because one way is like teaching/learning, the other one is like showing an opportunity/trading. 12-April ends in a Doji with a perfect (-9), that's the TD Sequential indicator: This is followed by three green...
Yesterday ADAUSDT hit its highest price in 200 days as it launched a new open source tool to develop smart contracts on Cardano, Aiken. The chart continues to look pretty good... What one does, the rest follows! Cardano hit bottom late Dec. 2022 and started the year with a bang, same as the rest of the Altcoins market. After peaking in February a strong...
Heres another idea ..... this time Helium on the 4 hr chart, it caught my eye as this is one of the coins with the 4 hr stoch rsi low, Hidden Bull Div gives some probability to the upside. Looks to me like a V shape recovery Adam and Eve played out. It has already ripped through the 200 SMA and now in a bull flag. Could it be a huge cup and now in the...
It's been a while since my last update since the conditions remain the same... Earlier this year I was sharing updates basically daily since we did great with this Altcoin back in mid 2022. I will go through the whole thing because many people are new. We compared the consolidation phase from July 2022 above EMA100 (blue line on the chart) and how this led to a...
Shiba Inu is showing a double bottom pattern within 6 months and currently moving above EMA10 weekly, supported by a strong RSI. Notice that volume has been flat since October 2021 as a continuation signal. When things change, volume will go up. In this case when new highs start getting hit volume will increase. There was no increase in volume as new low were...
We will keep this one short as more information can be found in a previous trade idea. dYdX here is showing a triple bottom and now a bullish breakout. This weekly session is moving above a consolidation pattern which can lead to additional growth. I am seeing an easy target of 60% with a potential to hit 275% mid-term. Can be a bit lower but also a bit...
MATIC/USDT Technical Analysis for Long Scalp: Targeting $1.30 Polygon (MATIC) has been a popular cryptocurrency lately, with its price showing a bullish trend. In this technical analysis, we will examine MATIC/USDT's current price, identify potential entry points for a long setup, and provide price targets for traders to aim for. Technical Analysis: At the time...