"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!
There are also several signs and patterns to consider for this 1st month of 2021. Bitcoin made All-Time High" (ATH) $34.8k, but since we see a correction. Everyone must be wondering how low it can go this time. ** RSI and MACD at 4H ** As shown in the figure, BTC has maintained a rising pattern since December 12. During this period, there were 4 pullbacks but...
Hi please Like it before Reading ;) Btc have good support on 21940$ and Fraudulent(Shekanande"in persian) Resistance on 24300$ Today we had SEC problem with ripple and this case made xrp too bearish, xrp are oversell right now and money flowing will happens too soon. (xrp to BTC) (pool haei k az xrp kharej shode be btc vared mishe "in persian ) And if bulls...
Today, Bitcoin still bearish in H1 timeframe and we see that the trend it's going to make a reversal. So, I'm still in short position until the $17,020 USD. You can to put your short position entry in the market price with a SL at $17,800 USD and a target profit will be $13,400 USD. As we se in H1, we are into this bearish chartist pattern of continuation of...
In H4, we see that Ethereum is confirm this validation of this zone of consolidation between the $393 USD and $384 USD. That was the consolidation zone that Ethereum it's created and right now, the price is found out in the bearish trend toward the $365 USD iN Daily we see that the price is under bearish pressure. But based in my studying, Ethereum could to...
BTC gone parabolic and hit 13200 resistance. Next historical point at 13868 - gateway to 16300. But I doubt it will grow much higher on that impulse. Might wick above 13k once again to cut off too tight stops for short positions and then drop back to 12500 / 12000. Besides DXY found minor support and should also bounce, which should push down USD pairs for all...
TEZOS (XTZ/USD), weekly timeframe: Support line + Hammer + Hidden divergence
FYI, based on the trend line. most of the candle touch top green line 5 times compare to 2 times touching support area. Expected for breakout in anytime soon, the longest extend period will be 13-21 MAY. looking forward for potential breakout or extension. ...
Zonas de rebote (Resistencias): 6770, 7000 Targets (Soportes): 6430, 6250, 6090 No hay fuerza para romper los 7000. Espero un rebote en esas 2 posibles zonas, bajada a los targets mencionados para finalmente tomar impulso y romper los 7000 para el inicio de una tendencia alcista. En 4h y temporalidades menores el precio se perfila para tirar señal bajista. En...
I've been waiting for the December close and it's exactly what I had hoped for: A beautiful Hammer Candle, indicating a possible "bottom". This pattern depends greatly on the next two candles being green, but it's something I'm watching closely. It definitely adds some evidence to my main hypothesis that we are bottoming and that the Parabolic Adoption Curve...
ETHUSD has finally shown a continued move potential in market structure to the downside. We were waiting for the double bottom to break through and price to pullback into the broken low. Price has a pullback and begun to rotate at the new resistance which can bring the price down to the ultimate support at $85-90. The downside break was on good volume, the volume...
Hello, thanks for checking out my idea! Most of the info is on the chart. We don't need a bear fake-out to fulfill this pattern, but as we've all noticed BTC likes to start with the opposite thing it's actually planning to do. With that in mind I think this analysis fits the picture we're looking at. I personally won't be trying to time the bottom of the right...
While I've analyzed ETH/USD I realized that we could be in a WXY sequence, but due to disproportionate measurements by fib I can understand we may be at SUPER CYCLE ABC correction. If we will take a closer look at RED 'C' wave, we will notice it is a structure of 5 sub count wave as it spouses to be: One closer look at the last 5th wave will unfold an extended...
As forecasted, price found first support at ~9600. Got some volume back, but at day chart it is still decreasing. That was the first stage, that leaves both bearish and bullish scenarios open. Surely the picture is bearish and going long seems to be too risky now. Dominance grown near 70.8 resistance, so we may expect it to pull back a little, letting alts breath...
Priceline of Beam / Bitcoin cryptocurrency is forming a bullish butterfly and soon it will be entered in potential reversal zone. This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone. I have used Fibonacci sequence to set the targets: Buy between: 0.0001192 to 0.0001151 Sell between: 0.0001223 to...
Priceline of ATOM / Tether US has formed a bullish shark and entered in potential reversal zone to hit the sell targets soon insha Allah. This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone. Volume profile is showing less interest of traders here, but Stochastic did not give bull cross and MACD is strong bearish...
ZEC / Z CASH - Privacy coin - Low circulation - See if $43 holds as support - Potential double bottom setup for massive breakout run - Tight range / Squeeze - $26 is next support if failed to breach - I think this coin will run hard when it breaks free Drop a comment below :)
*Not financial advice* Let's dive in. I mainly am relying on the RSI and fib retracement tool in this analysis. I believe that this pair is almost too predictable now, we are soon going to begin a rise back up to .018+. I don't really have a top target just yet, I'll explain why after I reason why we are going up: Weekly RSI is oversold, which builds confluence...