Bullish Candlesticks have a lot of overlaps.
Compare 4000$ increase in 4 days to 9500$ in less than 2 days!
I think traders generally believe that markets will collapse, so they are not sure about buying!
A sell stop is suggested by me here!
Major cryptocurrencies face a huge options expiration event on the last day of 2021; therefore, expect high volatility in the days to come.
BTCUSD price will be affected by liquidity in the coming days. Some investors may have bet that the main stop-loss levels for shorts are at $48,000 and $44,000, and I think it would be undesirable and unwise to set stops if...
As we can see, the resistance line and the support line play the main role in today's idea. Notice how the price bounced off the support line earlier. Due to this, the price began its upward movement again. As you can see, there has been a drop in the crypto market. This is due to the decline in the stock market. This happened after the information appeared that...
Bitcoin CME Futures monthly chart ! Clear path to the targets highlighted in green ! First target $10500 . We rejected the close of 2019 Candle and this is a simple candlestick trading strategy ! It’s invalid if we close above $12359.00 and that will bring bulls back In the game to push the price to ATH!
I've calculated some simple proportions for time distances and incremented percentage price, between the 1º and the 2º halvings. Then I related the results for similar proportions between the 2º and the 3º halving.
DAYS:
First and Second halvings:
532 / 357 ≈ 1.78
Second and Third halvings:
x days for next ATH / 532 ≈ 1.78
x = 1.78 * 532 ≈ 946 days
PRICE:
First...
Descending Channel is a form of a Range chart pattern. Ranges are repeatable trading chart patterns.
Ranges are consolidation chart patterns that can breakout either direction.
Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern.
What ever time frame you are trading this chart pattern, wait for a candle close...
Hi traders,
Last 1k dump really made me sick and bearish.
I counted correction waves of 2014 crash and i see a lot of similarities within current btc crash waves.
My suggestion that we are currently in C wave of ABC correction.
I thing my wave count for 2014 crash is OK. The ratios of waves to each other are almost ideal. And similar wave count and pattern...
If we have a look at this coin we can see a nice consolidation . It nicely accumulates and from our view, it is ready to make nice percentages. This coin is also used as a pump and dump coin so it is always better to set sell orders very high after buying SNM.
Here we publish signals of the indicator called “Ranger”. It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the...
Price will probably pull back a bit from 11 000,- if current daily top holds place an entry above it tomorrow, or if price pushes towards 11 800,- place an entry above this price. Than we are most likely on the new leg up.
My first target is 21 500,- and would expect a pullback from this area.
