OP has been trading inside this bullish channel for around 2 years at this point. With OP (and the majority of alts) falling over the last few weeks patient bulls are again in luck. I'm looking at a relatively safe trade from the bottom support, with a stop below the previous long-term swing low. Target at 7$.
Hey guys and girls, Here is an updated chart from my (Nov 12, 2023) post As you can see, this is only half of the battle! Further targets: $ 74k, $ 84k, and $ 100k Appendix: Structure: 5-3-5 (Inverted) Bitcoin halving countdown: 49 Days Technical Section: Wave 5 has two different relationships: 1- If wave 3 is less than 161.8% of wave 1 -----> the...
ETH/USD is rising towards a resistance level which is a pullback resistance which lines up with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 3,633.82 Why we like it: There is a pullback resistance which lines up with the 50% Fibonacci retracement. Stop loss: 3,727.86 Why we like it: There is a pullback resistance...
Trading can be like... following a diet🥨 You need a clear plan, but also some space for cheats. If you're prone to jump-in trading, have some funds available for it - trading should be fun! Take that risk. But plan for it. If you've spent your 10% high risk capitol for the month/quarter, then that's that. - Look for Fractals Fractals in higher timeframes such...
🔍 Technical analysis: Corrective leg C scenario - In the weekly time frame, wave 5 continued up to the 2.618 Fibo area. -After that, it entered a combined cycle correction. According to the selling pressure candle in the supply area in time 1W, it can be considered that the upward corrective wave B has ended. - In the analysis of the previous post, the...
Historically, Bitcoin halvings have been associated with price increases in the past. Supply Reduction: Bitcoin halvings reduce the rate at which new Bitcoins are created, effectively reducing the supply. Historically, this reduction in supply has led to upward pressure on the price as demand remains relatively constant or increases. Halving Anticipation: ...
After the CPI data released by the Labor Department last week showed that inflationary pressures further eased in May, BTC and US stocks rebounded significantly, covering the decline caused by the previous employment data. However, in the subsequent FOMC, the dot plot showed that the median number of interest rate cuts this year was one, which was lower than the...
Welcome, Trader. Welcome to our cryptocurrency community! We are going to discussing #LINKUSDT 💹 #LINKUSDT🔥🚀 --------------- Update: #LINK breaks the trend line and retest the major support on a 8 Hr time frame 👉✅. Currently it is testing the major support area, Where we can see a possible bullish turn.😉👌📈 In case of a successful bull turn, we are expecting 58%...
🔍 Technical analysis: Movement in the descending channel - It is moving in a downward channel in the daily and 4H time frames. - It is located in the middle of the channel and within the liquidity zone. If it can be placed above the region and the middle of the channel, it can retest the ceiling of the supply range channel. - The most important resistance for an...
Welcome, Trader. Welcome to our cryptocurrency community! We are going to discussing #GLMUSDT 💹 #GLMUSDT🔥🚀 --------------- Update: #GLM formed a descending channel pattern on a 10 Hr time frame 👉✅. It is now testing the major support and grabs the liquidity as well. Here we had more chances that it will go up.😉📈 In case of a successful bull turn, we are...
CHZ USDT SPOT Signal green line buy stop: - Please wait a little until it reaches the green lines, if you don't buy the second green line, don't worry because the first green line is 100% bought.
Welcome, Trader. Welcome to our cryptocurrency community! We are going to discussing #WANUSDT 💹 #WANUSDT🔥🚀 --------------- Update: #WAN formed a bullish falling wedge pattern on a 12 Hr time frame 👉✅. Currently it is standing on the trend support and also on major support zone, where a possible bull turn is expected😉📈 In case of a successful up turn, we are...
Welcome, Trader. Welcome to our cryptocurrency community! We are going to discussing #VANRYUSDT 💹 #VANRYUSDT🔥🚀 --------------- Update: #VANRY formed a descending channel pattern, Breaks down and retesting the major support. 👉✅. It sweeps the liquidity and now giving respect to the support area.😉📈 In case of a successful corrections, we are expecting 24% in the...
Welcome, Trader. Welcome to our cryptocurrency community! We are going to discussing #UNFIUSDT 💹 #UNFIUSDT🔥🚀 --------------- Update: #UNFI formed a TRIANGLE pattern on a 12 Hr time frame 👉✅. It take a bullish turn from the major support area and expecting a breakout soon.😉📈 In case of a successful breakout, we are expecting 62% move very soon📈👀 Crypto Analyst...
BTC has corrected healthily to -20% from its peak after reaching its parabolic ATH highs of 73k. Now the mother of all of coins is showing some strength again. Weekly data metrics is shifting now and buyers are back again, positioning aggressively for the next RUN-UP to ATH and beyond. From our weekly chart diagram above, you can observe that the black bear...
hello guys... as you see eth made a flag pattern and broke it! after breaking it made a sharp movement and now another pattern under the name head and shoulders! the blue line area seems a potential area to get a long position! target is: $4631! ___________________________ ✓✓✓ always do your research. ❒❒❒ If you have any questions, you can write them in the...
Ethereum almost got to the target zone I've marked 6 days ago. Missed by 21 dollar. But I'm yet cautious about bullish entries. Last 12H closed bearish, so I believe this chart will require another day or two to draw some certainty. Till then we may expect dips under 3427 and possibly to that zone I've marked as well. Level at 3650 remains decisive for mid...
This is an idea I had posted about a while back that is starting to play out. Now that we have a full picture, it's pretty safe to say that this is a macro distribution. The weekly & monthly TD sequential have both printed 789, which also marked the macro top last cycle. As much as it pains me to consider this possibility, this bull run may get cut short if this plays out