BTC has had some tremendous movement in the last week, dipping under 16k and challenging the 22K historical resistance line. One thing to keep in mind with these movements, Saylor bought and another 4 bn buy on futures (crypto futures not CME which would have no affect on the price as the CME is a speculative market). Seeing this I would be save to say "I don't...
Does this look healthy to anyone else? Just did a look through on their website. They are voting on a proposal to increase shares of their stock. Not sure if it is a split or what. They are calling it Proposal 2. Other than that, this looks like a bounce from bottom if I've ever seen one. Let me know your thoughts. www.nikolamotor.com
Shoutout to my friend Richard Heart founder of PulseX. Litecoin under $100 is cheap, change my mind.
CRYPTOCAP:ETH broke through the major descending trendline. Bullish trend is expected to continue and reach the resistance level at $2017
BYBIT:MTLUSDT.P A beautiful entry at the bottom here we caught a beautiful double bottom on the 1HR the rest is history. If you are interested on how i plan my trades DM me. Entry - 1.0100 SL - 0.9548 TP - 1.3098
Hello Traders, As you can see in the chart, at this moment we have Bitcoin facing local resistance, everybody is opening short positions here, so very likely to see a breakout. You can clearly see an RSI Bullish Divergence in the Chart, this is a very strong signal that usually tells the end of a trend. If we see a weekly close over 18000$ there is high...
Really nice demonstration how can various settings enable a very clear visual presentation of BTC and where should it find a bottom.
Flipped fractal from the double top, longer term time frames indicators showing that bearish momentum is slowing. If stocks nuke, probably gets invalidated.
JD is currently in a potential trend change cycle with a likely bottoming out of prices in the short-term. With the current price sitting at $35.80, buying at this level presents an advantageous entry point as the stock has potential gains of up to 200% if it returns to its previous all-time high (ATH). In potential upward movement, the initial target range sits...
AVAX has been selling off for nearly 5 weeks now. With BTC seemingly reversing as we speak, AVAX has found support at the most recent lows and is potentially aiming for a double bottom reversal. I'm looking for a move all the way towards the most recent highs, around 21.50, over the next few weeks. With a R/R ratio of almost 13, it's a very lucrative low risk...
Hey guys, I'm sharing this with you all because it's such a gem. Ren is a buy, long and hold. The chart speaks for itself. Roseusd had a similar setup before a significant bullrun (see picture below). The setup of Ren is almost identical. As you can see we are currently at the best buying oppurtunity after the bottom. I know it's a lot of ifs and there are a...
Ada is at the bottom of its Rising Parallel Tunnel. Great opportunity to open a Long Position with very short Stop-Loss. Win/Loss Ratio is amazing. All Take Profit Targets are on the graph(market yellow). Follow us to see more Trading Setups.
USDCAD has formed an V-Bottom price action reversal pattern on its daily chart. The price is trading near the Breakout: 1.35537 ST: 1.35136 Targets: 62% AD: 1.37094 79% AD: 1.37469 127% AD: 1.38662 162% AD: 1.39635
I’m seeing a possible double bottom reversal With a unfinished gap to fill up .. If my Key indicators show bullish momentum 407-410 calls will work lovely here 406.50 407 407.50 408 408.50 409 all good price targets remember to secure those gains always leave runners and re enter if necessary!
Chaikin Money Flow shows a break out about 0 level and a successful retest. Double bottom confirmed. RSI showing sign of bullishness. LL RSI is also showing sign of bullishness. Major resistance levels are shown in red horizontal lines. Lets see if it works out.
As usual, what follows isn't financial advice but a mere observation. This idea is to be considered as a follow-up of the one that can be found linked below. As explained in my last study, we're witnessing extremely low levels of volatility on the weekly timeframe for ETHBTC. While price action wasn't exactly confidence-inducing until a couple days ago, tides...
XLMUSDT price experienced a bullish impulse, followed by a rounded accumulation phase. During this phase, the price has been consolidating in a narrow range, forming a rounded bottom pattern, which indicates a potential reversal from the previous downtrend. If the XLMUSDT price breaks out of the accumulation phase and confirms a new uptrend, according to...
I drew a downward looking trendline from back in 2021 that looks consistent with the past couple of years price action. As you can see SOL retraced to the 2021 bull market .618 fib level. Breaking above the blue trendline could result (at least) in a retest of 2022 bear market 0.50 fib level. It also aligns with the $45 resistance.