🏛BITCOIN fell through the local support today
But the massive weekly horizontal level is there
With the lower bound at 27.728$
I think that this level is solid and thus
There is a good chance BTC will bounce off this support
And go back to retest the resistance above
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In this video I talked about higher time frame price action analysis, order blocks, support resistance, steps of action, 4 different trade ideas, and risk managment.
I used the weekly timeframe to identify my support and resistance, followed by the daily time frame to identify any bearish order blocks.
Hope you enjoyed the video, if you have any...
Just over 50% down from its ATH at the start of May. A fundamentally strong token given its the first and most popular Defi platform. Although some heavy competition from platforms such as Pancake Swap.
Uni is currently testing the order block at the top as resistance. Its sitting below all MA's and rejecting the current order block.
Having rejected the 50MA 4...
A lot has been said about various cryptocurrencies of late. Some people think that this DEFI thing is the new bees knees. I think nothing can be further from the truth!
Some “crapcoins” will completely collapse and disintegrate.
As many of you know, I completely ignore the news when making trading decisions. My ideas are based on purely technical picture. But if...
Love ETH long term fundamentally absolutely zero has changed with ETH. DEFI & NFTs still run on the ETH blockchain and 2/3 of stable coins still run on ETH blockchain. We have ETH 2.0 coming out within the next couple months which will drastically cut the energy usage of ETH. Very Bullish long term, love picking some ETH up here as we hold 2k support line.
BITCOIN -- Supply and Demand ⚔ Battle Continues! 😬
Bullish volume expands at the bottom of Trading Range $32,000.
(This was the "Hold the Door" moment in GOT. 🏋️♂️)
In the Wyckoff schematic, this appears to be the SPRING 🐍. Bullish volume has entered... bulls escape the death trap to $20,000.
Admittedly, "Phase B" went on longer than I thought it could and had...
Based on BTC daily chart, it is currently still consolidating in the apex triangle . A breakout to the downside will bring us to a price target of around $24k. Otherwise, breaking to the upside will bring BTC to a price target of around $52k which is unlikely.
Bollinger Band showing a squeeze which indicates a sharp move will come soon.
Stochastic RSI is...
Hey friends i found something new we are going to see blood in today market . btc Form H&S pattern. This is Bearish. The possible Target is 33k. Put stop loss in all trades. I will Update more about Btc in future.
It has been a crazy time in the cryptocurrency market as dog-themed coins have spiked and fallen while the head of Tesla has also had his own impact on the massive Bitcoin market. Elon Musk has come out against Bitcoin’s environmental impact and tanked the price, but there are a lot of other crazy news events impacting crypto.
Ethereum co-Founder Vitalik Buterin...
ZRX is in a good support region. Look for the control lines to take profits. Or else just use this as an excuse to go long ZRX and see what happens if you don’t enjoy sitting around all day and waiting for a breakout.
Greeting from IRAN to whole trading community 💙✔
Straight to the point , DOGECOIN is above its major support "0.25$"
If price maintain above this level we expect a possible PUMP
But if not and this major level broke , the next support would be that green zone (about 0.16$)
Whats your opinion about DOGECOIN?
Do you believe that this coin is overprice and will...