It is by no means in everyone's mind that we are at least close to approaching the bottom for Bitcoin almost certainly in the next few weeks, and anyone that's been around a awhile knows how messy and unpredictable price action can be and how frustrating it is to try and successfully trade a true reversal. So I asked myself if I were Bitcoin, what would I do? I'm...
If the price breaks the neckline, the minimum price target of the pattern will be 0.56. In this manner, the pattern on the chart may provide an opportunity to short MATICUSD for a profit of 26.39%.
As posted the other day. speculating on whether crypto market cap will dip below its last bull run high. is has had a flash crash well below last high. maybe a signal we will continue lower, maybe its nothing.
Out of extreme confidence that the worse has passed over the last 8 weeks (This long of a period is making me feel like Tom Hanks on Cast Away). I think both NEAR and ONE have a trully bullish 2022 ahead of themselves. The possibility to buy these tokens this cheap is nothing short of criminal. Both count with VC's that despite Macro rout are funding the...
SELL ENTRY @2.621 STOP LOSS@2.770 TAKE PROFIT@2.471 Market Update (Looking to Long) Like and Subscribe Thank you Please support our analysis with a like or comment!
If this will resemble previous crypto season like 5 years ago, then the accumulation tends to end in late 2024 or early 2025.. First trendline breaks, then accumulation phase begins.
BUY ENTRY @1.05711 STOP LOSS@1.04777 TAKE PROFIT@1.07057 Market Update (Looking to Long) Like and Subscribe Thank you Please support our analysis with a like or comment!
Disclaimer: This is a Newbie analyses with no past Experience! so please Take it Easy The candles have almost formed a bearish head and shoulder pattern suggesting a bearish rally to 2.65 strong support level. This is not a financial advise! Please comment your ideas about the analyses as I am new and want to learn from your experience and knowledge. Appreciate...
Just an idea on the seemingly regular cadence of the BTC 4 year cycle. I am basing my strategy on this. Short BTC into November with regular rebalancing. When BTC hits the 200 week/50 month MA, and the RSI hits 30 on the weekly chart/44.5 on the monthly, switch long on BTC and long altcoins there as well, and just rebalance at support and resistance levels into...
dominance usdt finally breaks his uptrend line and we can see a different coin growth.
BINANCE:BTCUSDT Chart analysis. Could be moving within this pennant looking for a siginicficant move either way soon. Will look to play swing trade on the retest of the breakout either long or short. Long could see a move back to 52k at heavy resistance and 0.5 fib level which from there I would then be bearish and short could see us coming back to 28k where we...
Out of a range! Previously we saw it breaking out of a falling wedge! Accumulating it between $2.7-$2.6 for the following mentioned targets!
These are levels that I'll be keeping an eye on when dealing with ETNUSDT, and I'll revise as price action progresses. I adapt to the change in money flow. I am very thankful to be an early adopter to this specific crypto due to the decline in price along with my holdings coming from mining the coin when Electroneum was allowing that function on their app some...
Hi to all, BTC couldn't break the resistance area for two times and come below the ascending trendline. I think we can short it from here and target 34.200 / 30K levels for next week. Good Luck!
The chart is in the weekly period and covers all the data; so I plotted on a logarithmic scale to show the magnitude of the movements. Bitcoin, which lost 50% of its value compared to the highest level it saw, came up to the 100-day exponential average and although there seems to be a negative divergence with RSI, and it has a hard time holding the 35.600 level....
*This is based on m own analysis and personal investment purposes. Neither recommendation nor advice. Trade at your own risk with the right risk management. Happy Trading!
After the strong stance of the Bitcoin trend zones, a large channel began to form.