Hope your having a normal day because of sideways action for a while. Get up if you're asleep because today and the next week till Sunday will be the most important day of your life. Its these days where we will find out if we are in a bull or a bear market set with bull trap already.
So lets straight dive in and do some free T.A. analysis...
Important things to note:
BTC is on its way to make its 3rd lower low between 40--38k.
This will signal a significant reversal due to the three drives pattern.
A three drives pattern is 3 lower lows or 3 higher highs followed by a reversal. (you have seen me mention this before)
If the minor trendline breaks and the price falls to 1.91 this will create an...
Readers familiar with traditional financial world
will recognise the generational downtrend of
every interest rate (inverse of Bond prices) charts.
US 30 Year Bond Rates are set to go near zero before
the immortal rate Bear is final...
The chart is based on the 4h time frame of ETH. My take on ETH :
Initiate a position and buy break out, if the price breaks above the upper line of the falling wedge.
Take profit level:
Target 1 - 3320$
Target 2 - 3475$
Target 3 - 3690$
Target 4 - 3970$
Questions, comments, likes, and follows are greatly appreciated.
Trade at your own risk!
ETH in 2 hours time frame, recently broke out of the trendline which shows a positive move and has the potential to reach $4k soon.
Worth taking a shot with a close SL.
Entry: $3000 to $3093
Stop Loss: $2858
This is a free call so if you wanna take this trade using leverage or on spot then you have all the rights to do so. But...
I see a 4HR Order Block above price at the 1.18204 level and I believe the recent bullish momentum and bounce from 1.16841 has created a switch in the trend and price will begin moving back up towards the Order block to reclaim the sellers liquidity and mitigate the OB and previous highs. We have formed a new higher low on the 4Hr timeframe at 1.17007.
I will be...
There is a clear cup and handle forming on the daily chart for KUCOIN:VRAUSDT .
There is about a -29% drop to MA 200, which I expect to be the lowest point before a reversal.
The last breakout saw a +2,447% gain!
It's my opinion that the safest bet would be to wait for the candlestick to break through the top trendline and then retest it as support, before...
Here's a quick Update on ETH 6 hr chart. As we can see, the price has been forming a bigger falling wedge and we could see a break to the upside soon! Definitely one to keep an eye on. October is believed to be bullish according to S2F model and historically!
The best entry would be, when the price breaks above the falling wedge with good amount of volume ....
Here's a quick look at DOGE daily chart. As we can see, the price has been forming a bigger descending triangle and is currently at the apex of the triangle! Definitely one to keep an eye on. October is believed to be bullish according to S2F model and historically!
The best entry would be, when the price breaks above the descending triangle with good amount of...
Important things to note:
I had suspected the correction for ADA was coming to an end.
BTC has confirmed this and will push to its next bullish target producing a new ATH.
There of course will be retracement along the way.
I said the market will be bullish this coming week and it is working out perfectly.
I have shown the price movements on the chart.
We have a...
According to my analysis BTC 4hr time frame is performing a cup n handle pattern, It is very bullish sign for Bitcoin. Must watch neckline is break or not, If BTC neckline broke to upside my target is $ 75,000+ however there is a bad sign too if unable to brake that neckline and if it broke to down side BTC will be in a trouble.
Everything looks bullish right now, but it's possible we see a 5th wave at the end of September going into September around the 0.382 fibonacci level. If that holds and we wick with strong buy pressure I'll become a bull for the entire month of October.
Stay safe, and have a great week.
I see that the bitcoin is creating a positive technical pattern that will be broken soon when the bitcoin reaches the area between 38 thousand to 40 thousand because it is a very strong area with many pending purchase orders, and it will be launched from it to break the flag pattern and start a new bullish wave that achieves the goals that I Expected
Hello my beauties.
I think Nano is going to move towards the downward trendline and probably react. with a higher high. Monitor the price in the green zone!
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
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Bitcoin looking ready for Wave 3 run.
Ema ribbon still hasn't turned red and if it continues to drive out higher then it wont.
You can read the waves differently so this is subjective but just a thought as to what may be happening. Lets wait and see.