As mentioned in my previous post on BTCUSD, my final support level is on 41K ish... and it has proven to be so..
Even though it wick below a couples of time and close 1 time (4h) below it, it still manage to rise and close above it..
Looking at today's rally, if BTC cant consolidate above 43K, a test to the 0.5 and 0.618 fib level may be in play (The...
First of all, dips happen all the time. There are always pullbacks in price and they happen for various reasons. Here’s a checklist I quickly wrote down for myself. The chart here shows Square, mostly because it has been on an epic run! Congrats to those who have enjoyed it. I was once a proud owner of this name, but sold after it seemed to get a little "frothy." ...
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...
As mentioned in my early publishing and alerts, the effect of the cross of 20 moving average over to 50 moving average on daily hour chart can make latke upset in market. and it was crossed yesterday and technically speaking, by today it can clearly be seen a drop of up to 4000 in btc. as history showed some huge drops in btc whenever these moving averages crosses...
Since the fud of China banning crypto has came out and a drop of 3000 to 4000 is recorded, Right now it can be seen clearly on daily chart frame that Bullish flag pattern is formed, on the upper line the resistances are coming in around 46600 from today to onward down to 42800. where as the support line is coming in around 38300 to 36000. btc need to break the...
There is a possibility we can see another dip on the $SPY today. We are coming out of a head and shoulders pattern I think many of us totally missed because of greed and feeling like this massive uptrend would never end. Well now it's time to focus and pay attention. What I didn't touch on in the video were the Fib levels or the neckline breakout and TP because I...
Don't worry its just a small dose of the 💩💩💩💩 to come. We should see this all bounce back to the $450's in a few days so hold your positions just shift where necessary. But be prepared next month if not by this months end we will see another 3%-5% dip. But in my opinion we have no real worries until December.
My first recorded video. Bitcoin fundamentally and technically is looking healthy. This recent crash is not a bearish reversal trend. Holding support above the 200 Moving Average is critical! El Salvador bought the dip! First time in history any country has publicly announced accumulating in on cryptocurrency when the strength of the market is weakened. There is...
The highly anticipated surge is not coming right now - maybe later in September.
There is a clear downtrend on price pressure (price_change% * volume%) and just crossed to a negative value on the 4H timeframe.
Both on the 1H and 4H charts the RSI14 is also at 40 indicating steady selling.
A bounce is likely to happen only around $43500 (Organic support level and...
DOTUSD Daily analysis.
Follow the trading risk management analysis;
With the dip, I will be entering the market with the follow.
Strong resistance; TP: 29.7380
Always trade safe and Good luck!
This one will be a complete technical analysis.
Starting point ->>> support lines 73.50$
- 72.64$ Stopploss
- 75.40$ 1. Target
- 81.05$ 2. Target
-2 support lines 74.17$+73.50$
-daily: RSI oversold (30 area) + MACD tendencies for a countermovement
-weekly+monthly MACD indicates sell down
-weekly+ monthly RSI indicates...
Could AMD be entering the second leg of it's breakout to all time highs (ATH)? (Side note: don't take this as financial advice, I'm just some guy on the internet)
While I have already taken an aggressive entry on AMD this past Friday after it gave the signal that it was moving from a Stage 1 Trading Range into a Stage 2 Uptrend, I figured I could still describe...