In this analysis I want to take a look at one of my favorite personal indicators: Bitcoin Logarithmic Price Bands. You can find a detailed explanation of the indicator below. In short, this indicator tries to predict future areas of extreme opportunity. Buy in the green and sell in the red. However, I also added a yellow band in the middle which surprisingly...
In my most recent BTC analysis I talked about the fact that my volatility depth indicator predicted a major move for Bitcoin, which would most likely be a bullish one. Few days and +15% later, the indicator has yet again predicted a massive move for Bitcoin. We're currently only ~16% away from a new all-time high. In my view, we're going to make a new ATH...
Chart currently shows Bearish Signal as per the following reasons: Indicators: 1. Slight Dark Cloud cover indicated 2. Two Black crows, today's trading will indicate if three black crows are confirmed. 3. Slight Bearish divergence Patterns: 1. Bearish rising wedge on graph - indicates a potential bearish signal Bullish After Cup and Handle Formation ...
GU - i'm bearish bias , looking at my analysis , i'm waiting and looking for GU to clean break Break and re-test ( or reject a key level Double bottom/ False Break ( 1.28292 This is a 1 Hr Support level ). if this key level of Support holds strong looking at ( Resistance Levels 1.28869 / 1.29557 )
BTC/USDT update: Wait for the breakout which is $48000 or breakdown of the resistance level at 29000, followed by a successful reclaim of target levels. Did you find this crypto market analysis helpful? Stay updated about the latest crypto market update. Please continue to follow my analysis and feel free to ask any queries, you may have. I am here to assist...
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Finally, the minor downtrend IDX:ARTO has been broken. By using Fibonacci Retracements, I set the target price cluster ranged from 3080 to 3470, then I picked 3280 as a base level to calculate its upside. It can give us 28% upside from current price 2540, that's premium!! Let's think positive, and buy & hold!
Hello Fellow Traders Greetings from team trading the tides ! lets discuss bitcoin which is inside a Symmetrical triangle , volume is pretty low waiting for the break out to enter position for long or short but I am more interested to wait till it reaches 31-32 k level which is a major resistance area and a good distribution point if we see the history...
Each Leg of descending triangle comes with 61.8% Fibonacci Extension
ETH has been correcting for 8 days now..forming what is to me an obvious sideways correction This crypto rally will continuing until the bank drama blows over and/or we get a week+ of consolidation on the charts. A few days ago Jerome Powell suggested this last .25 rate hike may be the last one for a while. With the next FOMC being 6 weeks away...I think we see...
hello traders this is more of an ascending triangle as a descending or simply a trendline breakout strategy can be a bit unique for some but it works guys if the concept behind is correct wait for session wait for candle close
NZDCAD DOWN TRIANGLE Break pattern and close candle below Pattern Then Active Short Trade and Target Support Area.
*Everything is mentioned on the chart. I hope it is easy to understand. *Don't jump in to trade at the beginning of the market. let it get settle for 5 min 15MIN first and judge price action. *Avoid gap up or gap down chase. Wait and trade between level. Note: Trade with strict stoploss. It may or may not hit all the levels. So one can book profit / loss at...
Wait for a strong confirmation and price re-adjustment. Trade looking very bullish, only going to execute if a continuation pattern forms on retracement move. Apply your own risk management and trade responsibly.
I think this could be on a 3 wave, it's been getting some love last couple of days so i think it could have legs, i dont have any solid targets in mind yet really but i think it should make the 1.618 and then we will see from there, tiny market cap, just over 650k, but enough liquidity to not get rekt on slippage
THIS IS NOT A FINANCIAL ADVICE, THIS IS ONLY A PERSONAL OPINION, WOULD LOVE TO HEAR YOURS IN THE COMMENTS I believe this drop in price is only a correction due to the huge jump from 45 to 47.8. The price broken the trend line and is supposed to have a strong support @ 47.965 and 46.614. The final support before a bearish would be 43.04. So to conclude i...
BTCUSDT is currently on the $22k market price. Using Chart pattern, it has shown a double top which could result to a corrective movement back to $21k market price before an impulsive move to $24k market price. Will BTCUSDT do accordingly to my analysis? Probably not. Best we move with the trend📈📉