On the weekly it looks like an "M" pattern forming that could take us down to a low support level around .20 cents. I feel like this could hinge on the movement of BTC. BTC dipping could cause skale to break down to nearest support level before rallying to new all time highs.
This is a straight forward analysis. Cup and handle spotted on multiple charts and also a strong buy pressure on M30. Ichimoku breakout confirmed our entry. NOT A FINANCIAL ADVICE.
Last Friday MARA ran up and trapped bulls and this week sold off. We were ready with out consolidated zones and Fib levels and now the lower yellow box is showing a great opportunity for this week before the big rally
$SRM has entered into a big daily level, this support has held up for a while and is a key level for $SRM to hold, if this level does not hold then it is make or break, and the downside will be harsh! However, I think with the overall macro sentiment of BTC and the crypto market as a whole that this support will hold and after Sunday we will see bullish movement...
OKEX:ADAUSDT hi guys . here we are with just an analysis about Cardano So when price is moving this way and has created such shape in chart , there are two scenarios : 1.Breakout to up and Sharp price growth (pump) 2.A sharp drop in prices (dump) but according to the general atmosphere of the market which is bullish and also about Cardano that is left behind...
What's up guys ! I'm looking at Monero again , using my previous approach which yielded profit for me based on my trading style Price is in an overall uptrend from the bigger timeframe and seems to be making higher highs Price is currently approaching a resistance zone which could be respected or broken upwards but before then we can still scalp a little profit...
Looking like this correction is about finished. We should start 5 up soon IMO. ZEC has been beaten down by the bears for too long.
COINBASE:SHIBUSD Looking for support on SHIB/USD after pull-back to support...
COINBASE:SHIBUSD Tracking levels of support for SHIB, support holding in a bullish market.
break of the descending trend is sending this to $0.30
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.
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
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...
OKEX:BTCUSDT 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...
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...
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...