TOTAL3 which measures the Crypto Total Market Cap excluding Bitcoin (BTCUSD) and Ethereum (ETHUSD), is essentially a metric of the altcoin market. It's movement in relation to previous Cycle is indicative of what we call an 'Altseason', when this market segment rises disproportionally to the rest. The price tested the 1W MA100 (green trend-line) last week for the...
Bitcoin (BTCUSD) will complete this week or the next the first 1W MA50 (blue trend-line) - MA100 (green trend-line) Bullish Cross since the week of December 02 2019! Such a bullish pattern, exactly 4 years after, is a Cyclical buy signal which technically is the last we are going to get during this Cycle. With the Halving being a fundamental signal, this Bullish...
**$STPT Breakout and retest inverse head and shoulders pattern ** The inverse head and shoulders pattern is a reversal pattern that can indicate a potential change in the trend from bearish to bullish. It consists of three troughs: a lower low (head) between two higher lows (shoulders). Here are the steps to trade the inverse head and shoulders pattern: 1....
ARKUSDT Trade Plan Timeframe: 1H #Forex #ARKUSDT #TechnicalAnalysis #CryptoSignal #TradingOpportunity #Divergence #TradingSignal #TradingwithBelieve Hey traders! 👋 Let's dive into a potential trading opportunity on the ARKUSDT pair using technical analysis. 📊 📉 Previously Bullish Trend: Firstly, on the 1H- timeframe, we've been witnessing a Bullish trend in...
Arweave (ARUSD) broke and established itself above the 1W MA50 (red trend-line) for the first time in its history. That is a major long-term bullish signal, and it is no surprise that since it held it as Support on Friday, it is rising strongly over the weekend. We would ideally prefer to see the price break also above the top (Lower Highs trend-line) of the 15...
Hi dear friends, hope you are well and welcome to the new trade signal of TrueFi (TRU) with US Dollar pair. Recently we caught almost 71% pump of TRU as below: Now on a 4-hr time frame, TRU has formed a bullish Cypher for the next pump. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't...
Time frame 1 month. The ascending channel. A large triangle is forming in it with a base of about +550% (classic target workout from resistance breakdown). Secondary trend. Time frame is the same as 1 month. Triangle zone. Since the time frame is maximum 1 month, I set the maximum possible targets for the asset. Extremely strong resistance of the...
Bitcoin (BTCUSD) is under heavy volatility lately due to the ETF development and in times like this, we tend to zoom out into the longer term time-frames such as the 1W to get a better perspective of where we might be at with relation to past Cycles, in an attempt to filter out the short/ medium-term volatility of such news. ** Cycle classification ** On this...
Almost a month ago (see chart below) we gave the most optimal buy entry on Ethereum (ETHUSD), while it was at the bottom of its Channel Down, even below the 1D MA50 (blue trend-line), targeting the 1D MA200 (orange trend-line): The target got hit and the rally has been so strong that it even broke above the medium-term Channel Down and resumed the long-term...
What is a trendline break and how to trade it? There is a breakout when the price crosses an important level. However, not all breakouts are created equal. There are preconditions for a breakout to be considered relevant: Consolidation before the breakout. A significant increase in trading volume. Indicating investors’ enthusiasm to push the price as far as...
Descending Broadening Wedge Pattern Explained A descending broadening wedge chart pattern is a bullish reversal pattern. This pattern is created by two declining and diverging trend lines . A descending broadening wedge forms as price moves between the upper resistance and lower support trend lines multiple times as the trading range expands during the...
My setup yesterday was bullish, I only caught a 1:2rr. I didn't see other factors telling me to go bearish. I was bent on being bullish, so I know and believe, setups can change. So learning to be dynamic is key and not holding to one belief of how the trade should pane out. However, it was a good day. Today being, 15th Nov 2023, I'll be expecting a bearish...
Hi dear friends hope you are well and welcome to the new trade setup of Decentraland (MANA) with US Dollar pair Previously we caught almost 17% pump of MANA as below: Now on a 4-hr time frame, MANA has completed a bullish Gartley setup for the next price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly...
Hi dear friends, hope you are well and welcome to the new trade setup of Harmony (ONE) coin with US Dollar pair. Previously we caught more than 80% pump of ONE as below: Now on a 4-hr time frame, ONE has completed a bullish BAT setup for the next price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly...
Frax Share (FXSUSD) is about to form a 1D Golden Cross, the 2nd such pattern within the 11-month Triangle. The first rose to a 2.0 Fibonacci extension High on February 09. A 2.0 Fibonacci rise on the current sequence from its last High would take the cryptocurrency to 10.000, on a potential contact with the 1D MA100 (green trend-line), the first since April...
Hi dear friends, hope you are well and welcome to the new trade setup of ICON (ICX) coin with US Dollar pair. Recently we caught more than 68% pump if ICX as below: Now on a 2-hr time frame, ICX has completed a bullish Gartley setup for the next price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly...
Hi friends, hope you are well and welcome to the new trade setup of Binance coin (BNB) with US Dollar pair. Recently we caught almost 18% pump of BNB as below: Now again on a 4-hr time frame, BNB has formed a bullish Gartley move for the next price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow...
** ETF anticipation ** Bitcoin (BTCUSD) is rising against the majority's sentiment, which is something it does more often than not, fueled of course on a large degree by the heavy speculation over the SEC's Bitcoin ETF decision. Fundamentally, an approval can certainly cause another leg upwards based on euphoria, before the effect recedes as we move towards...