Zooming out a bit on ETH I maintain my W5 count which has ETH finishing W2 and now in the larger W3 heading towards $5k with the LTF 5 up currently in W1 and a retest to $3200 to confirm the break out as support
ADA has reached the target from my previous chart completing the previously discussed HnS, and I have entered around 2. It is now attempting a break through the 50-day VWMA, which was previous resistance. I suspect this will fail as ADA is not showing great momentum yet, and the stochRSI start to look weak in the intraday frame. However, if 2.42 is broken with...
As we can see on the chat, ETH has been on bullish run lately, with increasing bullish momentum and breaking of structure, with the last point of liquidity cancellation and point of possible reversal, we should be looking for a confirmation to join the trend.
Good Morning traders!
Todays update is back to BTC.
Like I always say retail traders are obvious, they have a distinctive footprint.
Mostly because hey don't think ahead in the markets.
I can see a VERY obvious stop filled area, and the longer we build orders the more likely it is that we break through to the downside.
By the time retail traders realise that...
Hello Fellow Traders, here's your free outlook for HOTUSDT! Don't forget to smash the LIKES, COMMENT, and FOLLOW button to support the channel :)
HOTUSDT already brokeout from the rising wedge pattern. Breakout of rising wedge pattern could indicate the possibility of bearish movement. The momentum indicator crossed downward below the zero area, it signify the...
Hi guys , how u doing ? I hope you're well and be progressing everyday .
Let's see the BTC chart in 4h timeframe .
- Bitcoin is moving in a descending channel
- the last resistance that bitcoin has seen was 45000
- now the price is moving up to our entry target which is 45000
- 45000 is in the top of our descending cannel and also there is...
Like any other market - currency, asset, commodity, (Ponzi scheme?) - cryptocurrency prices are a function of the supply and demand. Holding supply constant, the more demand, the higher the price. The vice is also true. For simplicity, and realistically most supplies of legitimate cryptocurrencies are fixed, at least in the short term. So how do you analyze the...
BTC is at a crucial point right now. We turned Support Into restiance.
But we got a golden cross the other day I have a good feeling. LAST golden cross had a failed break out.. I believe this has to do with El Salvador and whales trying to keep the prices down as they were loading up. ( just a theory! )
Maybe by october or later this month We will be back on...
The king is back to 50k. But the question is will the price reverse from the strong resistance at 51k, or breaking 51k
I would like to point out a few indicators that i think it will break 51k. From the last posting, I have been bullish with BTC. However, the price reverse from 51k and down to 47k.
I have reasons to believe that it will break 51 to 57k at the...
Recently, Bitcoin and the crypto market as a whole have seen a solid run-up from the lows we experienced following the crash in May. In order to move towards $100K+, we need interaction with the bull market support band.
In September markets typically see some kind of retracement and in BTC's case I believe with the bounce we have received off the 20 day EMA, a...
As discussed about the potential buying zone
🐾the 173-175 to 180-183 (day trade demand and supply zone)
🐾 Let the price come to the particular lvl, and wait for confluence , (pinbar, ingulfing, bearish bullish sign) before taking trade
Took an exotic time frame here, and just found out that XTZ reacts well to the EMA200 on the 8hr chart.
We're consolidating just above it like we used to see on the 4hr chart before, EMA's crossing and curling up.