Bitcoin went for support and is in the long zone.
The price has a potential for growth both in the form of the accumulated energy for this, and the power reserve - up to the upper limit.
Waiting for the price to rise to the resistance of 47446
If Bitcoin has put in the low for the week, then possibly reversal up to $35,000. The past 5-6 weeks the wicks on the weekly candle have been pretty big, so if we are following the same as last 6 weeks, should get a move up. Break lower would most likely be big BITMEX:XBT downside.
ADA started pushing down after retesting from its resistance zone . This resistance zone also confluening with downtrend line. $1.28 - $1.70 is the local support level . If broken then price can easily test around $1
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Bitcoin has failed to reclaim the $40,000 level and rejected pretty violently and we're now half way in this range ($30,000 - $40,000) currently $35,500 zone and still weak.
$33,888 is likely the first stop once we start to free fall.
like it has a major resistance above, so looks like a small consolidation and time for a small short until bitcoin tests this level again and once it breaks through it looks pretty bullish after 2 bullish days.
Based on trend lines and fib retracement, eth breakout from angular trend triangle which I compared to the last big move. $2593 is considering that we will be breaking ATH within the week (personally I see it happening quite pronto). MY logic is if and only if this move is a fake out, which will be recognisable if we dip beneath $1,579.50 level, else if, it's...
The currency pair is gradually grinding higher.
At this moment, the $45 - $46 support level is serving at a strong swing point for a bullish channel formation.
Likewise, the trendline break is resonating with the symbolic appearance of a descending triangle.
In a few hours /days, buyers should be filling the BTCUSD blank cheque with lots of buying orders.
Polkadot (DOT) has been increasing tremendously; the coin is currently up by 500% in less than three months. What is even better is that DOT’s pattern is actually predictable and one of the easiest for support and resistance traders.
The token has so far proved to follow Darvas’ box theory better than most other assets (including stocks). This...
Speculation into the future.
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.
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This is an example chart demonstrating how I may choose a strike price when purchasing stock option puts
If you don't know what that is then you...
Today, I wanting to show you a good strategy to invest in XRP. So, for that, I invite you to share this analysis with other people to want to make money in crytpocurrency. So, XRP it's the important cryptocurrency in the next altseason and then, I have XRP in my Top #5. Remember, my tops following on this sequenze are Bitcoin, Cardano, Ethereum, Chainlink and...
In H4 chart we have a confirmation of the candlestick and that showing that Bitcoin it's going bullish right now!!! But another opportunity we can to put a buy order limit between the $24,250 USD and $24,400 USD. Principally, I put a buy order limit at $24,400 USD as a good point to keep our position pending to be activate soon!!!
So guys, we see that Bitcoin...
SHORT TRADE SETUP: False breakout followed by price dump
In this scenario, we are waiting for price to break above the high of $670 and then breakdown for us to take a short position.
Entry criteria for opening a short position:
1. Price Action: Price breaks above the high of $670 and then rapidly falls below $670, forming a bull trap
2. Candlestick Pattern: A...