Maybe 2163 is a good level for long position according to Istanbul indicator.
Istanbul is a smart support/resistance indicator based on price action. It analyzes price with different lengths and decide where is the high volume and reversal pattern.
For more info:
The above references an opinion and is for...
TITLE/(DATE)-MKRUSD LONG (HODL) (9/24)
ORDER TYPE- LIMIT ORDER
ENTRY PRICE 1- $480 (MARKET)
ENTRY 2- $430 (PENDING)
STOP LOSS- $350
TAKE PROFIT 1-$550
TAKE PROFIT 2- $650
TAKE PROFIT 3- $750
TAKE PROFIT 4-$850
TAKE PROFIT 5-$1000
BinanceUS will list MakerDao ( MKR ). Trading for MKR /USD and MKR /USDT trading pairs will open on Thursday,...
New sell and buy zone shown on the chart screen.
This is pullback trade, price of link surged down hard from $20 to $7 (chart below)
-63% drawdown, so expecting pullback should be quite good for short-term.
VECHAIN USD DAILY
Vechain is exhausted, Been on the downside with low demand and decreased upside potential ever since the rejection from the upthrust move. Another leg down is possible but i expect it to gain back the momentum to the upside.. Potential Spring and mid term price target in sight!
LET ME KNOW WHAT YOU THINK!
IF YOU LIKE MY IDEA, PLEASE HELP...
Bitcoin from the daily perspective is looking great as well. The price is doing a good job to defend the price from further drop and still maintaining the higher low structure since May 2020. However, the latest green candle on the daily that has closed is forming some sign of bullish engulfing pattern. During the bullish engulfing, the bears were trying to push...
Dash is a cryptocurrency unlike most others. It’s neither a development platform nor it is like first cryptocurrencies with their huge transactions fees, long transaction waiting times, and volatility Dash is oriented on a completely different level.
Developers define Dash as a cryptocurrency analog for electronic cash. They want Dash to be as liquid and as fast...
XRPUSD is clearly on a downtrend but forming a falling wedge pattern.. All it needs to do is to hold the 200MA and break a simple 0.235 Resistance!
Also Decreased Volume is a GOOD SIGN! Less Supply, waiting for Demand to come. Breakout from this descending wedge is highly possible. BTC just needs to cooperate.
A BIG BUT! A drop below this level can still happen...
Is that the bottom of new uptrend or the peak of the old ones? We will see in a couple days.
Crypto.com Chain has already made 450% profit. One may think its already too much, it needs to come down first.
If this is what you think, you must change your mind set. Don't be EMOTIONAL!!!
There is no place for romantic people in any market!
I have 2 strategies...
BINANCE:ATOMUSDT has a good chance for profit if it pass 5.8$
MACD hidden divergence
RSI hidden divergence
remember to buy after candels pass 5.5$ and cross triangle
Please lets take a look at ADABTC
We are on a great support.
BUllish divergence on H4 and Daily charts.
And also, we are above MA200 on Daily Chart (HUGE support)
Our risk/return ratio is awesome.
So, we can risk some capital here.
Longing until EMA200 on 4H chart.
Targets: 875; 975
This is an interesting find I came across while comparing ETH's current cycle on the 1W chart to BTC's previous (2014 - 2017) Cycle.
As you see Ethereum, not only follows Bitcoin's Bear Market structure but also the consolidation that took place after, which led to the Bull Market rally. When that consolidation broke to the upside and the price pulled-back to...
Hi everyone, I'm back with another analysis on BTC/USD. After looking at the wedge earlier on, we will now look at a more conservative downtrend from the parallel channel.
The wedge from my previous idea got invalidated quickly. BTC isn't moving as fast downwards anymore as it did before. It seems the downward momentum has slowed a bit. However, we can still spot...
This will be a short analysis and the indicator I am using couldn't make the picture much more clear.
The Bollinger Bands Width (BBW), when Bitcoin is in a Bull Cycle, indicates periods of high volatility and accumulation. We see on the chart that at the moment the price is in on an extended consolidation process after the June top, which relative to the 2015/16...
Comparing Bitcoin to Gold?? That can't give you any meaningful trade indication can it?
Well first of all look at the perfect buy signal it gave back in December, which I posted in February, on that +33.50% bounce from the low. Right when everyone was wondering where the bottom was, "Should I buy?", "Is this going to $1000?", "Buying on a bear market, that's...
💎Wonderful dump of ETH ladies and gentlemen🥂😎💰
💎Exactly as predicted by the ParadiseTeam in the previous FREE update! Short-term Price Action (PA) really confirmed itself being bearish and Ethereum just touched our support zone recently.