XLMUSD is on the third straight green 1W candle after the massive one that broke over the 1W MA200 for the first time in more than a year. However it closed the 1W candle under it, and so did last week's. Naturally, the uptrend needs a 1W candle to close over the 1W MA200 in order to confirm more upside. The 1D timeframe is on healthy 1D technicals but 1W is...
Bitcoin violated an important horizontal daily demand zone this week. The broken structure turned into a supply area. The price is currently testing the broken structure. Analyzing the intraday price action, I spotted a bearish flag pattern. I believe that a further decline will initiate after a breakout of the support of the flag. 4H candle close below that...
COMPUSD has been a very profitable crypto for us lately (last idea at the bottom) and as it crossed above the 1 year Channel Down invalidating it, the 1W timeframe turned bullish (RSI = 65.140, MACD = 5.050, ADX = 32.042). If the 1W candle closes green on this bullish pinbar, we will buy again and target the 1W MA100 (TP = 100). The upside potential is...
PEPE Looks Clearly Bullish After A Completed A-B-C Correction Back In June. After a completed A-B-C correction in mid June, we saw nice and clean five-wave bullish cycle into wave A/1 till the beginning of July. Since the beginning of July, we can now see it now finishing a three-wave (A)-(B)-(C) correction in B/2 that can find the support here around 0.*012 –...
Crypto market is clearly bullish from Elliott wave perspective. After a completed A-B-C correction back in June, we have seen nice and clean five-wave recovery, which from Elliott wave perspective indicates for more upside, ideally as part of higher degree five-wave bullish impulse. However of course, nothing goes in straight lines, so after every five waves,...
This is what i've been waiting for while many of traders believe btc will fill all the imbalnce caused by ETF's i don't the moment we reclaim back 29500 it's time to take OFF.
BTC Update, time to take SL of short sellers What should we trade? watch full video
Bitcoin keeps the 1D MA50 intact as Support inside the Channel Up since the start of the year. The 1D technicals turned neutral (RSI = 51.000, MACD = 329.200, ADX = 26.387) therefore starting to build up the conditions for buying again. The 1D STOCHRSI formed an LL pattern and the previous three such formations inside the Channel, ended up with rallies of at...
SNXUSD is haveing the strongest two week streak since July 25th 2022, whose High formed R2 (4.4450). The R/R in buying that deep into the bullish wave is not favorable as despite the R1 at 3.3900, the price has the 1W MA200 as its main Resistance, which has not allowed weekly candle closings above it for 11 months (since August 15th 2022). Consequently with the...
KCSUSDT is currently close to the strong support zone. If this support works well It is expected that there is a chance that the price will rebound. >> GooD Luck 😊
AGLDUSD is having a very bullish day with the RSI (1d) making Higher Highs. This pattern was previously seen on February 7th. The price following that High, dropped sharply but immediately recovered, forming a Channel Up. Trading Plan: 1. Buy near 0.90000. Targets: 1. 1.90000 (Resistance 1 and top of Channel Up if it repeats February's price action). Tips: 1....
LINKUSD is having the strongest 1D candle of the year, turning the 1D time-frame technically overbought (RSI = 73.130, MACD = 0.370, ADX = 25.207). This rise may have taken the price above both the 1D MA50 and 1D MA200 but just hit the top of the 8 month Channel Down. Technically that is a sell signal, targeting the bottom of the High Variance Belt (TP =...
BTCUSD is on neutral 1D technicals (RSI = 48.291, MACD = 346.700, ADX = 26.388) which indicates its still consolidating despite today's sharp drop that turned the 4H time-frame red. We are expecting a 4H Death Cross to be formed today or tomorrow, which even though bearish in technical nature, it has been this year, in peculiar fashion, a bullish signal. This...
OPUSD is on a stellar rise within a Channel Up that is supported by the 1D MA50 and very balanced bullish technicals on the 1D timeframe (RSI = 63.931, MACD = 0.054, ADX = 31.710). The 1D MACD shows significant upside potential and we will take this opportunity to buy and target the LH trendline (TP = 1.8000). The Resistance Zone is between R1 (1.87500) and the...
BCH/USDT will probably go out of the banner shock! 🚀📈 Exciting News! 📉🚀 📉 BCH/USDT has recently experienced 5 consecutive days of slight decline, indicating the release of short selling momentum. But wait, there's more! 📈 The positive trend is pulling up, showing signs of a potential upward surge! 💹 💪 With the closest support around 225.04 (June 29,...
SUIUSD crossed above its 1day MA50 for the first time in its short history. That is a strong technical bullish breakout signal. Buy and target the 0.382 Fibonacci level at 0.95500, which is also near a potential Channel Up pattern that may emerge. The 1day RSI is under 60.00, indicating that this move has significant upside ahead. Further buying can be...
As you can see on the chart, everything pretty much self explanatory -Block all the noise and you'll see the bigger picture on the chart
HBARUSD is above its 1D MA50 but still inside the February Channel Down, restrained under the 1D MA200 but with the 1D technicals bullish (RSI = 62.752, MACD = 0.001, ADX = 27.218). The 1D MA200 has been unbroken since May 2nd so it is our technical trigger. A cross over it, will be a buy entry, targeting the 0.618 Fibonacci level (TP = 0.0700). An early bullish...