Hello everyone,
ADA is going down, it was quite obvious, but now let's talk about entry point.
I think 1.75/1.7 would be a good temporary entry point for ADA. We need to keep in mind that ADA may go even lower, do not rush in!
Have a nice day!
BTC showing good resistance at the 60k Levels.
Will BTC be able to continue the run?
The trading volume, RSI, and other indicators do not look very good.
If Bitcoin drops the 58k level support, an imminent drop to the 52k could be possible.
Cheers.
Hello Traders
Here is a new Short Opportunity
💹USD/CAD - SELL STOP
✅ Entry @1.24400 or below
✅TP-1# 1.24200
✅TP-2# 1.24000
✅TP-3# 1.23900
✅SL# 24.900
The Canadian Dollar is coming off of a big week after the Bank of Canada surprised by announcing an end to their QE program. This happened on Wednesday and brought a strong push of CAD-strength into the mix, as...
Bitcoin is showing some Strong reversal signs for at least short-term drop.
Let's look at all those points that might be pointing towards a pullback or short-term drop for BTC -
1) Shooting Star or Inverted Hammer on Weekly of Bitcoin and on same time Bitcoin went up with decreasing and low volume which is VERY WORRISOME :-
2) Head & Shoulder on Hourly :-...
BTC is not looking any good.
We see a descending triangle + head and shoulders pattern (yellow line).
I am NOT expecting BTC to go further below the 58k level since this has proven to be a strong support level.
If the 58k level gets broken and a daily candle closes under that level - the bullish run would be in DANGER and things will look very bad.
Stay tuned.
Bake did surprisingly not surpass the previous resistance level at 2.10 USD.
I see this however as a great buy-in change.
Bake is currently struggling at the support level of 1.85 USD.
I see two ways this is going:
1) (green line) BAKE will bounce for a while at the current 1.85 USD level and then continue the run towards the upside.
2) (red line) WORST CASE:...
We've reached a major pull back point on GOLD, after some consolidation earlier today a drop was imminent as we started to loose upward momentum. If you missed the previous drop/rise today or got blown out from the spike, here's your chance to recover/profit. I'm expecting GOLD to make it's way down to the 1750 area in the coming days with minimal pull back. If...
Hello everybody, today is Monday and Cardano is not looking great yet.
I am expecting ADA to go even lower than the actual level hitting 1.9ish during the week.
I would not suggest any of you to buy now, I noticed a lot of influences and pages are pushing people to buy the "dip" when the actual dip is not here yet.
This is my personal opinion, do not trade...
Since price has been failing to break and make new highs
I forsee an avalanche. The convincing factor is that
there seems to be a clean divergence in the RSI
on the daily time frame.
Looking for a break to downside.
Of course nothing is 100% in forex!
trade safe!!
What a drop for Bitcoin..........Wohhhh!
Who could have done that!!! Not important, just keep going. We have found nice support on an important S/R zone and are holding up well for now. Let's see what we do in the coming days.
