In a previous trade idea linked below, we have identified a breakout of a downtrend structure followed by some upside movement but price didn"t continue to rise.
Now, APTUSDT is at a very strong support which may be the start of a leg up towards new highs if you hold for the long term.
BINANCE:MATICUSDT is up trending and looks bullish more than ever, this clear rejection of the up trend might result in a big pump towards 1.4
3 months old support zone and the 200 daily MA still seem to hold, trade has 3:1 RRR, a potential +40% move.
I will keep updating this trade here, make sure you follow me.
MIL:DOT looks bullish after last crypto correction, looking for a bounce from this uptrend and a continuation to the upside.
Daily 200 MA & uptrend touch confluence gave me more confidence on this long. Plus, trade has more than 1:3 RRR.
Will keep updating this in here, make sure you follow me.
BINANCE:BTCUSDT weekly: I personally don't feel good about recent 30k BITSTAMP:BTCUSD , I am still expecting bears to liquidate longs on a fakeout above 30k.
Recession fear is the main theme for this.
If weekly candle closes above 30k then this becomes invalidated, looking for a pullback to ride the confirmed bull market.
Once we get a long/short confirmation...
Everyone was in rush to invest in APTOS blockchain but big exchanges like Binance conquired big % of APT supply and it kinda controls price movement, dump $APT until retail traders get vanished then send it higher. This is exactly what happened in first days of $APT trading.
Now, after this breakout and print of a new HH, price is retracing to previous support...
Bitcoin breakout above $25k is a long waiting move, OI is rising and bears seem to turn bullish. Also, no spike in Bitcoin balance on exchanges yet.
No stop until next resistance at 29k-30k zone, especially if FED goes 25BPS instead of 50BPS for the interest rate.
I will keep updating bitcoin price movement here, make sure you follow me to get alerts!
All eyes are on Chinese President Xi Jinping’s state visit to Russia that begins on Monday. During the three-day visit, the leaders of the two nations will discuss the deepening of economic and political cooperation as well as the war in Ukraine.
If this meeting tends to reach a diplomatic solution to end Russia-Ukraine war then Gold will see a massive sell-off....
