I look in Daily timeframe the following
1. Price action show us that bears are taking control in this bear trend.
2. Ethereum make higher lower in the price
3. We look like resistance in that diagonal downtrend that forming a bullish rising wedge, and now it's work like resistance in that key zone.
4. Ethereum may to find down a level $2,780 USD.
5. And this...
In H4 it's look bearish like H8 timeframe
MACD it's showing us sell inminent in this cross-over
I shorting Bitcoin with the SL at $48,650 USD in the live price at $46,200 USD approx. And my target toward $40,600 USD. Only shorting with 0.07 BTC contracts.
Good Luck!!!
Etherereum could to forming a bearish channel in H4 timeframe, that perspective could be bearish for Ethereum as Ethereum price it's around of $3,780 USD approx. Now, in the live market, we look a bearish rising wedge in H4 timeframe. Now, if you going in H8 timeframe. There's a track to knowt that we are going to drop based in the price action analysis and move...
Bitcoin could to make a correction and forming a lower low in this price action.
Take this analysis in your note. Only we need to hope how the Daily Candlestick will closed up in 1 hour more.
Bitcoin it's in the middle of this structure and price turn around $47,500 USD. Now, I believe that Bitcoin could to drop around $42k key possible level to confirm this level like support. But, we can't to say it. But in case that Bitcoin break the $42k, bears will go to crash the Bitcoin price toward previously level at 30k approximately. Also, another hypothesis...
The "falling three methods" is a bearish, five-candle continuation pattern that signals an interruption, but not a reversal, of the current downtrend. I would short below the yellow trend line support on a break and close of it with a 1 hour candle and with a stop loss just above the trend line. There was huge red volume spike and oscillators are looking...
Bitcoin forming a bearish rising wedge and this it's considered bearish signal in the Daily perspective.
You will be carefully if you put long in Bitcoin. We could to drop to $52,878 USD to the key support level.
I see this bearish perspective in the next days for Bitcoin price.
Cardano it's look with a bearish perspective in H4 timeframe. We form a 2nd higher low (HL). And a lower low (LL). So, based in this analysis, Cardano could to crashing toward $1.56 USD approx. EMA 200 it's making resistance above of the price. So, we hope that Cardano continue crashing the price.
Now, I make the following, I put my sell order limit at $1.99 USD...
This it's just my perspective in Daily timeframe.
If you want to look my recently analysis in H4 timeframe, please go below in he link to related idea and click up to refer my analysis.
i'm shorting Bitcoin now as Bitcoin it's look in the bearish trend now!!! I entry around of $42,134 USD and I put my SL at $44,150 USD and also my target toward $38,100 USD.
This it's my Daily timeframe perspective how I look Bitcoin toward in this bearish trend in H4 timeframe.
In the past days, I post an analysis toward the 2 support level to watch in...
I update my background and trading strategy. I do not going to use EMA 21 and 50 for cryptocurrencies. I will use EMA 200, applying the support and resistance, because I believe that I'm good identify this basic concepts. And also, I change my RSI and MACD strategy too. I change everyall in my trading day to day to become my trading more advanced and modern.
So,...
Hello traders and investors!
Crypto market made sharp and impulsive decline from the highs after a completed 5th wave as we have been warning about in the last couple of months. So, we ideally see it as part of the first leg "a"/"i", which means that current rally should be as part of an (a)-(b)-(c) correction in wave "b"/"ii" that can find the resistance here...
Cardano it's look bearish in H4 timeframe and also in H2 timeframe. My main enfocous it's in H4 timeframe.
I short Cardano toward $1.90 USD and I put the SL at $2.72 USD. My entry price was around $2.50 USD
Now, the market structure it's becoming more bearish in Cardano and we could to entry to short position now!!!
Good luck!!!
Yesterday, I made an analysis...
EOS it's looking to short position to go back to the key support $3.40 USD EOS break out this yellow resistance and make 2 pull back that we could to entry to short EOS now!!! I put a sell order limit at $4.71 USD with the SL at $5.20 USD and target at $3.40 USD
I entry in short position in Ethereum trade!!! I put my SL at $3,680 USD and price entry was $3,473 USD. My next target it's to $2,800 USD.
Good luck!!!
Now, if you don't entry in Cardano, you can to entry in Ethereum in this nice short.
In Daily panoramic, I just want to share my idea, becuase the things on cryptocurrency are putting now in risk that crypto-market and the main cryptoucrrency Bitcoin could to down to $30,000 USD again. It's not neccesary a bear market, did you know, this could be a re-accumulation for 2022 or bear market as I said above.
This it's just my idea!!! I'm bearish in Bitcoin!!!
In the inmediately update, I will going to closed up my long position of yesterday, the H1 timeframe it's look with extremely bearish perspective that put in cryptocurrencies in risk.
So, it's very easily. we are going to shorting cryptocurrency now!!!
So, I put my SL at $2.56 USD and I entry around of $2.39 USD, My profit it's $2 dollar. This it's all. We're...
