The resistance at 10,700 is heavy. Wicked up to 10,750 and rejected fast. Hourly and 30 min has downward momentum coming. Daily still looks beautiful tho maybe we retest 10,400 then continue
Hello Traders, Thesis on BNBUSDT, flex zone approaching, equilibrium playing out... Points to consider - Overall daily trend is bullish - Stoch is neutral - RSI neutral - Equilibrium is playing out on the 240 time frame, a breakout any direction is possible - Volume declining, signalling a breakout - Fib retracement to .618 acted as support, right now...
Would prefer to open long if it breaks upside can easily give 20% on bitmex Also if it breaks downside would open short Note- Should use stop-loss ar 1% and once in profit use trailing stop loss IMPORTANT- This is only for Educational Purpose this is not Investment advice.
Did i mention still bearish ? I think the big boii trendline is one tough nut to crack but imo it will in the upcoming hrs.
Price still in a pullback cycle. That's why we should open Sell near $7650 or just wait on a pullback to the find better price where we will be able to open buy. Next key levels where u can start open buy is - $6300 - $5800 For it will be great if BTC will hit $5800 because at that price we will be able to open long - term buy Write under idea your thoughts about BTC
Bitcoin appears to be forming a massive cup and handle formation on the daily timeframe. This formation has been in play since early 2019. BTC is looking to re-test $4200, at which point it will be rejected back down to ~$4027. This will mark the completion of the handle, at which point BTC will shoot up into the $5000 area. Whether or not it will be rejected then...
Hi there! On a BTC/USD price chart, an ascending trend channel is being formed, which is a strong continuation pattern that generates a buy signal. Enter LONG at $3,800 and wait for a new rally expected to take BTC/USD to a new high. Meanwhile, we expect a short-term downward trend channel to form over the next 3-5 days representing a ‘healthy correction’ type...
Technical Analysis and Outlook The S&P500 closed sharply lower on Wednesday as it completes its Inner Index Dip to 2490 . The low-range close sets the stage for a steady to higher Dead-Cat-Bounce to Mean Resistance 2590 level (Leg 5). While the second resistance lays at Key Resistance 2651. Currently, there are no significant support levels other than...
A correction might be in place, i will look to take a long around the s1 area. Please keep in mind that these are not trading signals, use your own analysis before taking any trades. PLAN YOUR TRADE AND TRADE YOUR PLAN K.R.S.
Hey traders, here are the levels for thursday, it was not a surprise that the market had a down day on wednesday, we were expecting that after a move to the 50 fib level, and also some pressure from the broken trendline . For tomorrow if price keeps moving lower i would like to buy S2 or possibly S3. Please keep in mind that these are not trading signals, use...
Hey everybody here you have the levels for trading on Monday. Last friday we only had 1 break even trade. Next week we expect the market to move higher, we have 7600 as the 1.27 extension and 7650 as the 1-1 levels as well, but before trying to move to and test these levels we have to close above the ATH 7530. Please keep in mind that these are not trading...
Ethereum has broken trendline support and is now flagging beneath - classic bearish action. A return above the support line would stall downside momentum, otherwise the path of least resistance is down. I'm eyeing the 340 area as first support. From these levels, that's a risk-reward of around 2.5 ...not the best, maybe a better average price can be found on a...
Here are our final two supports, if we do a fib pull of wave 3, we are still sitting around our 1:1 target, which is also the 78.6% so we have confluence there, however we have just gotten another stab down, so rounding bottom goes out the window. Our final target is the 88.7% until the trendline then new lows. We'll see how we play out, but If we fall any lower,...
The chart describe for itself, at least personally I "hope" to see 50k for Summer '18.
Our "Crypto Scalper" Trade Signal has correctly identified a buy in point on the 16th of April 2018. Using this buy in point and selling at today's price, you would have expected to net 9.53% PROFIT!!! IN LESS THAN 24 HOURS. The increase in price may also be explained by positive developments including: 1. Announcement of that WAX token (a crypto that aims to...