Hello, today, we are going to talk about cryptocurrencies. And in this post, we will take a look at Bitcoin (BTC) One of the most famous cryptocurrency is Bitcoin, so, what is he doing? Well, he´s not doing really well, all cryptocurrencies are dipping (falling down), but that doesn´t means to sell!! I found an Head & Shoulders pattern here. The big line that i...
$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.
To those looking to start a long position in $BLNK, today presents us with the perfect opportunity to do so! We're currently sitting right at a very strong demand zone which has held strong for over a year! This setup is invalidated with a close below demand.
QS has had a pretty nasty drop over these past few weeks, running up 100% after stellar earnings, before ultimately coming down 50% back to where it started. We're currently sitting right at a demand zone, with multiple levels of support sitting underneath. I plan on scaling in a small position tomorrow after FOMC, and adding more if we dip to the levels of...
Uncertainty in market. The time on FMT hit the nearly the rock bottom at Fibonacci's 23.6% will exactly match with the time of FDS making an announcement on further actions. It will either be a good time to buy FTM or a time for FTM to drift past its big resistance level and reach the lowest price since September.
Fairly simple play this time round! Solid company, sitting at a solid level of support. I'm entering a long swing here targeting 60$. 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!
Microsoft as you see in the chart was clearly affected by the wild week we had of trading this past week but it has presented us with a perfect dip buy opportunity if you notice the last candle in the chart has a super long wick on the bottom side showing us that although sellers are in control buyers are rejecting lower prices plus we also are getting a nice...
0.786 can be seen as a previous point of resistance now that price has moved higher than this level, it will be seen as a point of support for the breakdown of the rising wedge , a pattern that is commonly bearish (as you can see on the chart) Pharmaceutical companies are possibly hot right now, due to the emergence of the new COVID variant. Buy the Dip.
we can clearly see an inverted hammer in the daily time frame .so we can add another confirmation to our prediction !
These are the levels I'm watching on $BTC. Now it's sitting on the 50SMA, next one is 100SMA plus previous strong resistance from September 2021, and it would be a 10% dip from today. Last one is 200SMA on daily and also anchored WVAP (about 20% dip, which is normal for daddy bitty).
China banned cryptocurrencies, but historically this has caused the BTC to boost and with it the altcoins and with it possibly some coins reach their previous historical maximum and others pass their historical maximum creating a new ATH. One of the cryptos that I would like to buy in this "BTFD" is VET which has great use and has a lot of projection in the future.
$PYPL tanked through the $215 support that I draw yesterday. Today was its steepest one-day slide since March 16, 2020. This is a daily chart and there's another strong support around $200 together with the weekly 100MA. Seems like this support worked today and we got a bit higher towards the close but I'm not very confident that the price is stabilized quite yet....
as u can see in the chart flow got rejected from the support level and if we hold for a little longer we can get the 27 goal very easy
Hi everyone 👋🏽 🕊 Wish y'all have a profitable lifestyle 🍀 📌 BITCOIN /USDT DAILY CHART 📌 PRICE ACTION - BULLISH FLAG - DOUBLE BOTTOM 📍BITCOIN has created a bullish flag in daily chart along with the double-bottom ✍🏼 Straight to the point, BTC is looking bullish in long-term. I was waiting for this flag for about a week lol =)) 📝 First target of the bullish...
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...
Obviously, two green areas could be a golden opportunity to buy in Dip around $38K BUT this moment around $42K is also profitable... #BTC #bitcoin #Head and Shoulder pattern
As you can see, BTC still making a higher low since few days back, and it just now testing the purple trend line BTC just broke and went upside few days before... Right now BTC could found it support in both the purple trend line and the red fibonacci level line... this would be a very strong support if you asked my opinion... if somehow the downward pressure is...