Welcome back, gang!! It's time for a quick update on our DOGE/USD trading analysis. Buckle up as we delve deeper into the daily and 4-hour timeframes, uncovering major structural zones and trends that are shaping our next moves. Upon closer inspection, we've identified key structural zones and downtrends, aligning them with Fibonacci levels from the previous leg....
ETHBTC trading: BTC halving vs ETH ETF Amidst the buzz surrounding Bitcoin's halving, Ethereum finds itself at a crucial crossroads, as the Securities and Exchange Commission (SEC) initiates a 21-day comment period for Ethereum ETF applications. A veil of uncertainty remains over the immediate fate of Ethereum ETFs with the potential rejection or approval of...
Solana with ticker SOLUSD remains nicely bullish as expected from technical point of view and from Elliott wave perspective. Looks like it's still trading in an extended wave »v« of 3 with room for more gains, maybe even straight back to all-time highs. Currently we are tracking a lower degree consolidation within a bullish triangle pattern for subwave iv that can...
On the above 8-day chart price action has corrected over 90% since the month of May 2021. A number of reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Price action prints support on past resistance. Look left. 3) The macro bull-flag breakout plus confirmation of support. 4) A number of tradingview.com ideas are ‘short’....
Currently, BTC is in the H1 supply zone. Rejection from this zone takes it to the H1 Sellside liquidity. Invalidation point is to closing H1 candle above supply zone
Sell side curve. Hope this works today let's see what will happen. Let me know if you see anyhow different
The weekly chart of SushiSwap (SUSHI) shows a breakout of a Cup and Handle pattern, indicating the potential start of a bullish long-term trend. This could soon go up in smoke!
Just love seeing this pattern in the wild, usually a pretty good omen
ALT breakout the trend line and falling wedge type but now consolidating. You can buy some at current price and some at demand in green block.
Digibyte (DGB) - This dinocoin has awakened from its two years of dormancy and is now offering you a retest that any trader would wish for.
LSE:ONE After breaking out the long term accumulation range I expect it will head to mitigate the inefficiencies left along the way 🔸 Category: Public chain 🔸 Marketcap: $414M (#181) 🔸 Circulating supply: 97.39% One of the best HTF setups you'll find
TON shows a new increase in volume, which could be confirmed in the coming time frames. We will follow the coin to see if it's able to confirm. The reason for the volume is the trend data that this coin shows. This coin is a basic choice on daily trends. There is a good chance this coin can become a running volume coin for the next period.
Hi Traders! XRP Coin has not yet experienced the splendor like other Cryptocurrencies, and this is certainly one of the reasons why we are following Ripple, the second reason, and maybe the most important one, is attributable to the technical structure on the daily chart. A few weeks ago we published a potential bullish harmonic structure on the 8H chart (see...
Synthetix (SNX) looks ready to take off after breaking the long-term bearish structure. Also note the large increase in volume during the current month. 🔸 Sector: DeFI 🔸 Marketcap: $1,44B (#73) 🔸 Circulating supply: 99.87% Holding a bag for a mid-term on spot.
Simple trading - Head and shoulders pattern I am looking for BTCUSD to continue falling as it respects the lower highs. Target 51200 **Update on new weekly support incoming
BTCUSD Longs/Shorts Ratio chart came back to the lower side of a range very quickly, which can be supportive for the Bitcoin based on the past reactions, so be aware of a bullish continuation.
Bitcoin chart is showing a large bearish and a smaller bullish H&S pattern, wrestling over price action. Who is going to win? Merely technically speaking I would rather have a bearish bias. This is no trading advice. I use this platform for CMT training only. Cheers!
Bitcoin with ticker BTCUSD is coming down out of the wedge pattern and it looks to have a completed wave (5) of 3, so we should be aware of deeper, higher degree (A)-(B)-(C) corrective setback within wave 4. It can actually retrace the price back to 64k - 59k support zone before we will see a bullish continuation for wave 5 of III.