The most likely scenario is that we will se a gap towards the resistance and with it BTC will fall. Eventually, if we hold the blue line we can continue the trend to the upside. If we break through then we might see a very bearish market.
Do you think recession is in?
Maybe Before a dump a small pump is to come, So to ensure safe and also a profitable trade this is the possible time where you can take a long position. Not much of a profit but maximum u can get in these smallest pumps too!...
Long Position Trade :
Entry Price - 21,500
Take Profit - 22,500
Stop Loss - 21,176 (Yeah I know pretty much a tight Stop...
Well after the recent dump, the Support level that's actually so strong has held the price above it not a much but not from breaking it. Therefore if there's to be a pump I have market the entry point at around 0.3500 which is compromisingly safe and also profitable.
Long Position Trade :
Entry Point - 0.3500
Take Profit -
Stop Loss - 0.3430 (Yes...
As u can see this support level is so strong, as back in past this same line pumped the prices, but the candles dont really look gud for a pump. Thats why I am recommending a short position if it breaks the level of support.
Short Trade :
Entry Point - 20,600
Take Profit - 18,500
Stop Loss - 2,1011
⚠️NOT A FINANCIAL ADVICE
Drawing the parallel line the recent dump has formed a small pullback, but for a safer trading without false pullbacks i would recommend to enter at 38.
LONG POSITION TRADE :
Entry Point - 38
Take Profit - 45
Stop Loss - 34.895
⚠️NOT A FINANCIAL ADVICE
As we can see there is a fractal pattern forming on the 4hr timeframe.
Monday is always a false move and we may see a return to the mean reversal in the middle week.
As we can see there was a big pump and dump last week, followed by are small to medium time frame is happening since friday, we may see a big sweep playout this time , dump and pump.
If this plays...
Welcome to this quick update, everyone.
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I have tried my best to bring the best possible outcome in this chart.
As we can see in the chart USDT DOMINANCE brake out bullish flag pattern and...
What if chart following May Dump. The match between dumps is significant. Now we are in parallel downtrend channel which gonna be lost soon. We may see bottom at 38 000$, thanks for support level from ALSO MAY DUMP. Every PUMP
precedes by insignificant DUMP of approximately 5% in this case. There is also present magical dates of 20-29 when most of pumps took place...
we didn't hold our critical box between the 4.70 and 5.20, now going back to fill the gap around the 4.25-4$, we should bounce around our ascending line to confirm the reversal and not having a sell off
A huge head-to-shoulder pattern is being completed, and we will probably see a huge drop in early 2022, with prices dropping to around $ 14,000. So do not rush to buy because great opportunities are on the way. And the biggest and worst issue in the recent trend of selling whales and Maple companies is macro-strategy, and many other issues that prove to us that...
Watching DOGE like a hawk as per usual.
Things aren't looking to hot. We held strong with support at .2160 at the end of the bearish run from earlier this week. The pressure downwards that broke this reversal upwards from that point is pretty strong. Volume isn't that high, but seems to be steadily increasing, and is probably to be expected as it seems shib's...
We’re in red zone , ash color not formed yet thereby if this support is broken we might see 50k or lower by the end of tomorrow.
If the upper support at 57.7 is broken we likely to see 65 k by end of this month.
Happy trading week !!
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So guys, I'm leaving home in no time so I'll leave here why I'll short BINANCE:XRPUSDTPERP . The reasons are mainly two. First reason and most powerful, if you open MT4 and you check XRP you'll see a GAP, which almost always gets recovered. On the other hand, after every pump, all tokens set up a range at the 50 EMA so that would be a good TP. Hope you guys make...
