To those looking to start a long position in $BLNK, today presents us with the perfect opportunity to do so!
We're currently sitting right at a very strong demand zone which has held strong for over a year! This setup is invalidated with a close below demand.
People sometimes get lucky or for whatever reason spends months or years trading with no defined system. When we get volatility like today all of a sudden they panic and can sometimes find themselves liquidating positions they may have built over months or which they may have entered yesterday. While this might be the appropriate reaction, the more important...
Here are the support zones for ETH
The lines that are larger represent the max support/resistance
The lines that are thinner represent the start of the support/resistance
I have no idea where the bottom might be. The trend line has been broke and the first support level too. HODL!
Split your capital for these support zones. Unless it comes back up soon, which...
$MSFT is sitting at an inflection point right at the bottom of it's demand zone.
There is a sizable gap underneath, with our nearest support being around the 305 level.
A bounce here is absolutely necessary for the bulls, otherwise there is a very high chance bears flush us down to the low 300s.
Very simple chart! $SOFI has a huge demand zone right around the $14 level.
I would expect a bounce 9/10 times from this level, but with the way the market is shaping up, I'm a little hesitant.
Keep an eye here for a bounce, otherwise we may get taken down to lower lows.
Ethereum network saw a nine-fold increase in its smart contract deposits, but a descending channel continues to pressure the price. Even though Ether (ETH) reached a $4,870 all-time high on Nov. 10, bulls have little reason to celebrate. The 290% gains year-to-date have been overshadowed by Dec.'s 18% price drop. Still, Ethereum's network value locked in smart...
Just after the feds meeting on tuesday dec 14, i anticipated a buy the news opportunity but decided to wait untill today( dec 15). I went to the BTC/ETH daily chart and tried to spot potential buying opportunities and to my greatest amaze for the first time in my short crypto trading life i had spotted a bullish divergence on the RSI oscillator on the daily chart....
QS has had a pretty nasty drop over these past few weeks, running up 100% after stellar earnings, before ultimately coming down 50% back to where it started.
We're currently sitting right at a demand zone, with multiple levels of support sitting underneath.
I plan on scaling in a small position tomorrow after FOMC, and adding more if we dip to the levels of...
ETH has been victim to the sell-off that's occurred in the cryptocurrency markets in recent weeks. The price has finally broken below the key $4000 number which is a worry. However, in the short-term a bounce back to the $4000 level is likely considering the recent price action of ETH. The RSI levels for ETH on the 4hr chart remain oversold which shows that a...
Fairly simple play this time round!
Solid company, sitting at a solid level of support. I'm entering a long swing here targeting 60$.
Stoploss is at 51.30. Let's see how this plays out! One thing to consider is that we've got a dividend coming up as well, so we'll get to collect a premium in the process!
bitcoin is really weak and if it wants to go up we need a long and scary consolidation but I think we will not break de lowest support YET.
it's important to know that no one knows what can happen and this is how I look at it no financial advice time will tell
$XDB has dropped below the second are, if we close below this I wouldn’t be surprised to see a further drop to $0.36.
That seems really unlikely but that is where the next support lays if we close below the current area.
I’m hoping we don’t see that, XDB is having a quick recovery in this moment.
Me personally I have added some here as I believe it will make...
Despite of all rumors and speculations revolve around how high Bitcoin can go (and nothing can stop it) we are still not clear on how low the dip is going to get. A simple Gan Fan setup should do the trick. Buy now if you don't want to miss out, this could the moment to go long as the Gann Fan could potentially showing something.
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TAYOR
BTC Flash crash really took everyone by surprise here. We are now approaching a strong support zone and daily 200MA, I would like to see a bounce here.
Although we wicked down as far as 42k, buyers quickly pushed the price back above this support closing the daily candle yesterday at 49K.
There is potential for us to find a new support trendline just below the...
I think it's about time to admit we can't keep going up forever and there are levels down at the 20K zone that we never got back to when BTC took off after the pandemic I could be wrong but if you'll look at the circled tops I have here the patterns look awfully similar to the pattern right before the big dip to 30K just food for thought
