Show some strong signs: 1: Fake breakout at 0.5089 level 2: VWAP breakout wait for retest and hold 3: Bullish flag Wait for breakout the flag Target 1. 0.64 2. 0.74
Ethereum is marginally bullish on the 1D technical outlook (RSI = 58.849, MACD = 64.500, ADX = 17.549) despite the despite the 19 day consolidation, suggesting strong underlying bullish bias. This shouldn't come as a surprise as the long term pattern has been a Channel Up in the last 12 months and on top of that, a Golden Cross was formed last week on the 1D...
Hello Crypto traders! In today’s article we want to update Ethereum chart with ticker ETHUSD. We already talked about a nice bullish turn from the support in the past updates, where we have been tracking a new five-wave bullish cycle. As you can see today, ETH made nice and clean five-wave recovery, which indicates for more upside, at least towards the April...
Keep an eye out for XRP in its current area, if we see it test the the support line and not break it, then I would be in for a long term buy position. If it decides to start its bull run from its current position then I would also go in for a long term buy. Either way the future is looking bright for ripple and all of crypto with all this economic uncertainty.
- Fast update - All in graphic like always. - if Altcoins breakout this range. - the speed of the acceleration could be surprising. - DYOR " W pattern ". Happy Tr4Ding !
Kaspa is having one of the most aggressive rallies in the high capitalization category, positng the strongest weekly gains on the fifth straight green week. The 1D timeframe is obviously overbought (RSI = 86.789, MACD = 0.016, ADX = 53.378) but this rally can extend more based on the previous bullish sequence inside the annual Channel Up. More specifically, the...
Bitcoin's weekly close above the Ichimoku Cloud is very significant. I wrote about this same event back in January 2020: This is likely the beginning of the next expansion and bull phase. If this scenario plays out, then a return to the ATH sometime around the last half of June 2024 and the first have of July 2024 is likely, with a new Top/ATH established...
Logarithm. Time frame 3 days. Secondary trend. Downward channel. After the rebound, the price is squeezed in a narrow 124-144 zone. The chart shows the percentages to the key support/resistance levels from this price squeeze zone. Risk Management. It is worth noting that the price of the coin is at a super profit, I have clearly shown this on the chart, which...
Eth has been bullish compared to BTC, so for me to trade this pair because it refused to make lower low but it also still took out some lows as an inducement to go short however, that's not the actually direction. It's direction is bullish to offset short traders. My possible scenario is for the market to trade into my zone at about 9:30am NY time today, then I...
Ethereum is coming nicely higher as expected based on Elliott wave theory and it's now even extending the rally on the news that Blackrock Ethereum ETF plan is confirmed in the Nasdaq filing. On a daily chart, there's a chance it's trading in wave (5) of a potential leading diagonal formation or alternatively maybe even in wave (3) if we see a decisive break above...
These are levels that I'll be keeping an eye on when dealing with BINANCE:AVAXUSD , and I'll revise as price action progresses. I adapt to the change in money flow. Fundamentals: Amazon Web Services (AWS) has partnered with Ava Labs in a bid to accelerate the adoption of blockchain technology by enterprises, institutions, and governments. The move has sent...
SOL (USD): NAVARRO 200 detected to watch: Rebound possible on the PRZ EMA.50 and EMA.200 are possible targets Fibonacci /ICHIMOKU/ Bollinger Levels
ETHUSD is coming higher after three waves down from 2023 highs, which can be wave 4 within a higher degree leading diagonal. Notice that price is trying to break out of a downward channel as well, so it seems that bulls can be in play and ready to gain much further, especially now when risk-on is back after FED and NFP data last week showed that rates are about to...
Wemix / WEMIXUSD is having the strongest 1week candle since September 18th when it crossed over the 1week MA50 and turned it to Support (closed all candles over it). It has already hit the 0.5 Fibonacci level of the Bear Cycle while crossing over the Falling Resistance, the final Resistance. This puts the crypto into the new Bull Cycle without any doubts and the...
- i just took 4 differents Altcoins in this chart as exemples. - they are mostly all doing the same. - Breaking up a long winter market. - if you repeat this simple chart with your Favorite Token or Coin. - You will propably see the same. - if you don't load your bags now. - Later will surely be too late. - Choose wisely. - Don't forget cryptos are faster than...
Decentraland crossed today over the 1D MA200 and if it closes the day there, it will be the first time since April 22nd 2023 to do so. It may remain inside the 10 month Channel Down but crossing over the 1D MA200 where it had the last major rejection (June 5th) is strong enough to cause a breakout. Especially since this rally originated on a 1D RSI Bullish...
DOGE on weekly breaking the biggest resistance trendline in confluence with the 20 weekly EMA. Price has been flat for long accumulation. Ultra Bullish case confirms once price stay above 20 weekly EMA after the breakout. Up are the targets (Purple lines).
The 7-day streak of price increases came to a halt following a decrease yesterday. However, it's worth noting that yesterday's downward movement, represented by the D1 bar, exhibited a narrow range and a minimal lower shadow, indicating that the selling pressure lacked significant strength. Moreover, there are ongoing signs of excess, particularly in the form of...