BITCOIN Possible scenario : FLAT correction structure is being created which is a 3-3-5 We are currently on Wave 4, normally on wave 4 Structures occur, we currently observing as we see our blue box level being the High BTC will have for now. then after we will drop before continuing with the Trend to 100K( That sounds nice hahaha right? ).
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I think now is big c wave correction . Volume profile the most density in that box area . Now Stochastic is oversold it maybe wave small B in wave C but I'm not sure about the correction waiting for reversal pattern . Stretegy follow buy when breakout of the box . Target 80% fibonacci of Big picture (about 0.16209)
This is very possible with the DXY looking quite strong here. So we must be ready.c
BITCOIN UPDATE so we are still holding our first entry in nice profits, on the 4hr timeframe i see this bullish flag we seem to be consolidating in between this range, we have just broke below the midline support, i am expecting to see another retest of the bottom support of this channel before looking to enter our second position.
CKB has had a lovely test and a push upwards, im woried about tommrow and bitcoin famously losing 10% by the morning... BUT if it does not CKB could re-test the buy zone lower trend line and have a massive push to the moon.
Ripple’s XRP perfectly suited for central bank supported digital currency... A study by the Bank for International Settlements (BIS) has shown that a central bank-supported digital currency (CBDC) is supported by governments, especially in emerging markets with poorly developed economies. In addition, more than 80% of the 66 central banks surveyed are already...
Thinking we need to cool off a bit here. I closed off 50% OMG and made a sweet profit now I will let the other 50% ride till Oct. For the moon shot BTC $180k Alt season. Currently watching LINk & OXT for a potential flip. GL guys
WING - Small max supply with huge potential in growth. Market Cap: $61mil Max coin supply: 2.57mil All time high: $96.88 (coingecko) Waiting for: - Second bullish candle - Increased volume - Price holding above HH
Bitcoin can retrace between 73000-75000 level. If you like this analysis then like and subscribe.
Pancake Swap ($CAKE) is in a great spot to buy on the low end while it bounces between $12.80-13.55. I'm looking to sell about 75% each time it hits $13.50 and then buy back in at $12.85. I like to have a bit of cushion as I've missed out on trades by pennies trying to get exact. Look for it to breakout over the next few days to reach my price target and...
Ethereum re-tested 31500 resistance and got rejected. If drop back to green support zone most probably will dump lower since it was tested for 3 times.
On an hourly chart, SXP shows an upward trend. It has already touched its Resistance point at 5.3 and now moving down. Mostly it will come down to its usual support level close to 4.18. If it does, then my entry will be close to 4.3 with stop loss at 4.083. At its first Resistance level look for a profit of 10% and if breaks R1, then get ready to bank additional...
volume been coming in nicely I think with patience this is gonna blow
ETH has been very closely correlated to BTC in recent months and it appears to be slightly lagging behind the strong moves and breakouts that Bitcoin has presented. ETH remains a strong favourite to retest previous structure highs in and around 2042. Swing traders had an excellent trade recently after a clear reaction from the 382 Fibonacci level triggered the...
This is GREEN MARKet that I PROMISSED :) Enjoy.