BITFINEX:LTCUSD Just some market movement to keep an eye on <3 Draw this up on your charts, consolidation is clear. Simple + clean. Let's see what the market wants to do.
As You see on my chart, I marked channels of price action. I believe that if bulls will take advantage and brake yellow line we might retest 14000$ resistance. If we move further to 15000$ altcoins may follow. Otherwise if Bears will pull us back to retesting support 10500 or 9500. I think retesting support might bring to Bear dominance. Still its good opportunity...
previously that purple box was our support line, this pair broke the support line and now purple box area is our resistant line, week ahead we may see more down trend. Trade with correct risk management... our goal is to become profitable trader. Do all the possible analysis before you place any trade and its about finding the best entry point. Good luck traders !!
As you can see the chart is ranging in the area between the trendlines. The trading plan is to sell around the next resistance towards the support area. We wish you good luck for the next week!
Price is converging upwards with flat overhead resistance. This shows that price is possibly being suppressed so that whales can accumulate, or general bullish buying power being stronger than bears right now. This is generally seen as a continuation pattern. Target: 9400. If it breaks down and confirms on the 4/6 hour, it could retest 6800s- 7000s. Stop loss:...
looking at price heading towards 26500 level. lower prices have been rejected on the 4 hour time frame, the big bearish candle is engulfing the green candle so i will be looking to see if the price breaks the previous red candle before looking at a clear buy. as you can see i have a trend line going across as well as going diagonally up. you will notice that price...
Looking at price reacting off of this trend line and going down into a large sell. seeing a lot of higher prices rejected and more volume towards selling right now, keeping my strategy clean and simple on us30. break retest and enter. FOLLOW MY SOCIAL PAGES for more set ups and interaction! Youtube Channel : Learn Interact Trade Instagram : Vellly Instagram...
Looking at potential sell towards key levels marked out by green horizontal lines. due to economic news this trade can have a major impulse which may allow this set up to come into fruition faster than expected. this is a trade i will be watching closely over the next trading week and be hoping to see the price break down, retest and then create an entry zone for...
Sell zone: 0.00014xxx- 0.00015xxx My buy zone: 9600-12000 Green lines are targets 1, 2, and 3. So what happened? Didn't everything look so "MAGNIFICENT" and "UNSTOPPABLE" but a couple of months ago? Well yes, it did. In the long term, my view has not changed but who knows when we can eventually break out of this lower price range? I believe that will depend...
Here's another one for you guys. Very simple. Let's see how it pans out. Enjoy!
Here's what I think might happen next with Chainlink. We have the 12345 followed by ABC very frequently here. So after this clear 12345 EW structure that makes up the 5th wave in the grander (maroon coloured) line, I believe we will have a bigger ABC now.A Previous resistance should act as support until EMAs cross over again. Hope this helps! Please don't...
BITFINEX:XLMUSD still looking strong after my last post where I PERFECTLY called the target of the bullish wedge. That one was pretty popular so this is the follow up. After a retracement, it's moved up back to the resistance. If it breaks above the support and confirms it on the H4, then we're good to move up again. Extra bullish bonus points: if this current...
Hello everyone. Like many alts, XLM is forming a bullish wedge. Buy zone is between 9c and 10c as this will act as support and resistance near to the breakout. Why exactly 9c and 10c? Simply because they are round numbers, and round numbers in crypto are often psychological. Entry at 0.94 would be good as it could be a strong double bottom for this pattern to...
The chart says it all. Its so standard its scary. Im just tired of seeing news saying "omg why is it dropping?" or "unexpected drop".