I know it seems weird but I think this thing has more to go, I think by breaking this triangle we will see higher prices than ATH.
keep in mind its not a financial advice !
We might also break down and see a downtrend, be careful !
sun completed its triangle and moving out from it for breakout.
seems like very good move to earn aprx 100 % profit as per feb retracement.
targets have been marked accordingly.
this idea is for educational purpose only.
please feel free to write in comments to provide your valuable feedback.
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We can see price has been pushing to the upside for sometime and now formed a new level which is acting as resistance. Since then price has pushed to the downside, creating a new low and we are now anticipating a retest of our key level. If we get a solid retest, bearish continuation we will short this...
CTSIUSDT is a great place to enter. After a correction wave and breaking the downtrend line, according to the RSI chart, which shows the confirmation of the uptrend, it can well climb to higher numbers. It is expected to climb to 1.3$ .
Bitcoin trend over the next 2 to 2.5 months ...
We see that with the negative divergence created in Bitcoin, the growth rate will slow down and gradually move to the bottom of 40,000 units in a correction wave in the next 2 to 2.5 months.
Im getting a familiar feeling with Gold at the moment, something similar to how I felt in June 2020 before we had a 23%+ rally in Gold prices. Now, we all know that Gold loves a break and retest of structure to flush out weak hands and keep people guessing. But if we really isolate the price action from March '21 to now we can see some textbook chart patterns...
Hello Traders. Hope you all had a great weekend and i hope u are preparing for week ahead. This is my analasys on EURJPY and what i see from price action. What do u all think of this one? Let me know in the comments below. Wish you all great trading weak.
Maybe the title is a bit extremist. But that is the reality of this cross. It goes through a process with the utmost power and finally completes everything with a long shadow. A very strong uptrend and now a sharp downtrend. But do not forget one thing: it is always based on analysis. We are waiting for the price reaction and probably a signal for a trade.
Hello, today I have analyzed NASDAQ:MARA , Marathon Digital Holdings is a Bitcoin mining company.
The stock price has a 90% correlation with the Bitcoin price. As the value of Bitcoin keeps making all time highes Marathon's income will do
so as well. Since the company has more than 99% of their value in Bitcoin itself.
Why It will soar
Greetings fellow traders!
This is the 30min chart. However when you look in the Daily chart you will wee that we've been in this situation before. Only this time a mini version. The bigger version:
If it is a similar situation. Then we're probably going to see bullish continuation.
Short- & Mid-Term:
Lot's of bullish...
A cup & handle formed on the daily as I predicted yesterday. We can set the target at ~195 sats using Fibonacci retracement. This is slightly below the Fibonacci level.
It might be smart to sell here, wait for a sell off and buy it back a tad cheaper.
Cup and handle is a bullish pattern that indicates an upward movement after completion. In the current...