Hello my beauties. It seems to me like the price could forming distribution schematics. The arrows are indicating more or less the events associated with a fully developed Wyckoff distribution, not an accurate prediction of what I expect the price to do. If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a...
Greetings and good morning to all! As we near the end of the month I continue to see BTC trending downward to the 41-40k level today. Looking at the fear/greed index we have a daily reading of 26 which to me is still within a buying opportunity. I see this week being a sideways week in which we play between the mid 40k level to the lower 43k level. After which I...
Similar to the BTCUSD, ETHUSD now has the Daily Buy signal observed. This happened after breaking out of the trend line resistance with technical indicators supporting. May have a shallow retracement before relaunching again.
Everything seems to be lined up for a Bull Run, sitting nicely on the lower resistance along with hitting the Golden line on the Fib Retracement & ending of a wedge. Is it time?
MATIC recovered a strong 28% today as the cryptocurrency rebounds from $0.685 to hit $0.822. Yesterday, MATIC was one of the worst-performing coins, but today is the strongest performer in the top 50. Against BTC, MATIC found support at 2300 SAT yesterday and has rebounded higher to 3630 SAT. After being one of the worst performers in the top-50...
Bitcoin fell 3.5% today as the cryptocurrency attempts to defend the support at $32,650 (.618 Fib). The cryptocurrency continues to trade inside a short-term symmetrical triangle but is testing the lower angle. All eyes continue to look for $31.5K support to hold. Bitcoin is down 3.5% today as the bulls attempt to defend a short-term .618 Fib Retracement...
We have a lot of bullish indicators from MACD to the Bollinger Bands looking like we are going to totally rubber band up. I really believe that ETH will bounce up from here especially with EIP 1559 looming. It feels way too obvious and easy that ethereum falls to 1400. When it's too easy institutions reck you. Shorts will probably get liquidated. With that...
I have been observing this for the past week and found out that this multiple rejections from 59k could trigger a possible deep correction. We can assume that it is consolidating now and may pump in the next days but the possibility of a deep correction isn't out because BTC is in a bull run for how many months now without a healthy correction. I am not saying...
Bitcoin - Trade idea! Now let me explain why I have two arrows drawn - The way I analyse the market is using break out strategies there are many ways to analyse the market and I don't fix my mind on one side side direction to trade any product I trade so that's why I'd use two arrows and then take the trend trade on whichever direction is enables to go. However,...
LOOKING very good indeed
Marathon Digital Holdings, Inc. operates as a digital asset technology company that mines cryptocurrencies with a focus on the blockchain ecosystem and the generation of digital assets in United States. The company was formerly known as Marathon Patent Group, Inc. and changed its name to Marathon Digital Holdings, Inc. in February 2021. Marathon Digital Holdings,...
Since hitting a new ATH on the 12th February Band Protocol has retraced down 45% and on the 28th March our Swing Call script triggered a strong Buy Signal after the 13 EMA crossed above the 50SMA just above the 23.60% Fibonacci level (23.60% is the cheapest value to enter on a strong continuation pattern after confirmation). We have added this Oracle to our...
NEM / USDT Cryptocurrency Analysis -------- Educational analysis purposes. this is personal idea
My analysis about Elliot Wave Theory. Price may start go up %50 ( 43.431 dolars on chart) fibonacci level but i expect after 0.618 point. That point is 40.000 Dolars. I hope this idea will be useful for everyone.
Here, I am using the logarithmic indicator which has actually provided good SR levels for price movement We bounced from it almost to the dollar earlier today and the last bull run was capped by it perfectly If this week closes below last weeks close of $57600 we confirm weekly bearish divergence on the RSI I believe that could take us back to 40K to completely...
Firstly I still think the bigger picture is bullish, 500 CEO's attended Michael Saylors conference today (CEO of Microstrategy) with interests of buying BTC He is looking to purchase another $600 million also BUT The chart does reek somewhat, we have a rising bearish wedge formation, which forms higher highs and higher lows, but we had one previously in this bull...
Starting from January 1st, the price continued to go up up approximately between $450 to $650 after every 7 to 10 days with few ups and downs in between. From 3rd of February Ethereum touched it's all time high price and continued to break it's record for the next 2 days until it's price started to drop on 5th February and this sudden fall of Ethereum price...
"What description? :) ..." TRADING IS NOT SUITABLE FOR EVERYONE. If you don't know what you're doing... TRADING CAN CAUSE YOU TO COMPLETE LOSE ALL OF YOUR MONEY. Thumbs UP if you're Bullish on Crypto! Thumbs down if you're a bear Comment if you feel like it and have a great day!