4 main reasons why its going to be a bear market for the next months purely on technical and fundamental analysis. 1. It can possibly form a cup and handle pattern because of the EMA30 & EMA50 forming a crossover with EMA200. 2.Fibonacci extension says that its going to drop around 32272.94 if we take the recent lower high as 0.618 line. 3. If the "The great...
2/2 So far :) This absolutely went through the roof! Check out my previous post to see how I was able to anticipate and trade such a big move. 9/1 risk to reward.
LTC has survived over ten years that is a silver in cryptocurrency. SLOWLY BUT SURELY!
I am waiting for another bullish candle for confirmation we need to clear 1.10 point on daily time frame.
dotusdt can hit tp1 at 38.55017923 and then tp2 at 41087267907.
Price has been pushing up by making HH and HL. At this moment, Alpha retested previous HL zone and potentially will push up. I also located SL just in case momentum depicts. When price moves in your favour 1:1, I will move my SL to entry level and it will be risk free
As bulls are trying to hold price above 20Days EMA, i.e 47378$, bears are trying sink price below it So in that case, price can drops to 42450$. A rebound of this level, could indicate that bulls are in play again. Otherwise, rebounds of the current level or 50Day Moving Average, could indicate pulls are trying to push back the price upto 50500$ and 52920$
Looking for a buy for LTC near 61.80% or 50% on the Fibo, and looking to hold until 185.40 We need for MACD to also respect the 50 line (or 0.00 ) on the RSI for both the 1HR & 4HR We'll be on the lookout for this during this weekend. NOTE: Please do not take this as confirmation as buy/sell signal. This is my general idea and opinion on LTC's momentum.
UNISWAP being a defi project has always been gaining attention from people The selloff recently has opened up a good opportunity for those who wants to accumulate more of this coin for the bright future I always believe that the level of support will determine how strong the coin will come back. Seems like the coin drop almost to the fib level of 0.618 and...
$CHR - Long - Big move inbound I will personally be taking profits around 0.65 - 0.70. What are your thoughts? Thanks, TraderPaps
As you can see from my chart, the 50% retracement area from the swing high/low from the largest red week in May is now being respected as a resistance area. Though this is not a fibonacci level, the 50% retracement area as described by Dow remains one of the strongest psychological levels in TA. With this area now serving as a resistance for Ethereum it will...
I made this analysis last month when price was at $149. The Cryptocurrency is trading at a key support level after the deep retracement. My sentiment is nothing but BULLISH.
Technical analysis: #BTC (4hr Update) Welcome to this quick update everyone, In 4h timeframe, Massive Bearish Divergence is Still Valid so Be Careful, If You're Looking For LONG/BUY Position. Bitcoin Might Retest the 42 to 40k Area 📉 Overall, Bitcoin Bulls in Complete Control but In Short Term, A Pullback Would be Healthy for Strong Uptrend📈 🥰If you find this...
The idea in the Elliot targets scenario is to combine: + Oscillators indicator ( Rsi - Relative Strength Index ) + Center Oscillators indicator ( MACD - Moving Average convergence Divergence) + Volatility indicator (BB - Bollinger Band ). There are some option in the script, let see: - Bollinger Band: calculates trend with signal combination from Bollinger Band...
We currently testing 43k. The previous red wick shows that this price is bought up quickly. Time will tell whether this proves to be a solid support level. If this level does fail, then ill expect 42.5k to be strong.
My prior posts on BTC presented the concept that if BTC bounced-off the lower cost basis line (illustrated was the swing trader and short term traders costs basis), we would want to be long and take advantage of the accumulation driven by 1) Hodlers not selling and 2) new capital coming into the market (with lower break even points.) The middle cost basis line...
IT SPEAKS FOR ITS SELF! Stayed in its channel on the fib and we remain bullish as of now baby!