ETC is pumping, as we can see. I want to inform you that this uptrend should continue, and another 128% is likely in the next few days / weeks. Take profit at the 0.618 FIB, which is always a strong resistance. If you think ETC is going to go much higher, you can take profit at the previous major swing high. But to me, ETC is bullish, and the downtrend has ended....
In time H1, it is moving in an ascending channel, if the entry zone is activated, with the loss limit below the trigger, you can enter the buy position up to the resistance dynamic trigger zone. ----------------- Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
OANDA:XAUUSD closed the trading session with a bearish candlestick on Friday. The asset loses 0.8% for the week, but at the same time it continues to stay inside the range between the strong boundaries of 2067 and 2010. Pic: Uptrend in the market. Price is testing trend support The dollar continues to strengthen, testing support as part of the correction...
Hello everyone, let's take a look at the BTC to USDT chart on the 1 hour time frame. As you can see, the price is starting to break out of the local upward trend line. After unfolding the trend based fib extension saitka, you can see support at the level of $48,068, then at $47,738, and then at the price of $47,213. Looking the other way, there is resistance at...
DATA is starting something really huge. We can see that whales accumulated for a long time and now the price is breaking out of the accumulation phase. If we take a look at the volume indicator, we can see that the volume is astonishing. This definitely confirm our bullish bias. 2811% profit is not a sci-fi, but a real deal. Elliott Wave ABC corrective pattern is...
Technical analysis Since my last technical analysis on OM, this coin made 190%. I believe this trend will continue in the next few weeks and month and soon we will hit a new all time high. We can see that the volume is extremely strong and whales are buying. There is absolutely no sign of weakness at this moment and the price action looks absolutely...
Technical analysis This is my bitcoin Elliott Wave technical analysis. Currently, Bitcoin is very bullish, but the market always moves in waves, so we can expect some pullback on the way to the new all-time high. My Elliott Wave primary count suggests that we are currently in wave (3), and soon we should start a corrective ABC pattern back to 45,600 or to the...
Technical analysis Ethereum is very bullish, the price went above the trading range, which is a strong sign of strength. We want to wait for a retest of the trading range, do not FOMO in. Make sure your entry price is good! We can see that the ABC correction has been completed and we have already started a new impulse wave. This is my quick update on ETH. Let...
Hello everyone, let's take a look at the BTC to USDT chart on a four-hour time frame. As you can see, the price has broken the sapping trend lines. Looking at the increase, it is worth spreading the fib retracement grid, thanks to which you can see how the price is struggling with the resistance at $2,510, then resistance at $2,605, and the next one at...
NASDAQ:WGMI NASDAQ:MARA NASDAQ:WULF NASDAQ:CLSK NASDAQ:NVDA So to keep in line with my new “printing money from Solar Energy” series, I came along this gem, an ETF w all of the Bitcoin Miners stocks. Any financial advisor will tell you an ETF is a great way to trade an entire industry/sector while reducing unsystematic risk, AKA reducing risk...
TLT is here on a 15-minute chart. Price action is orderly and somewhat related to treasury yield fluctuations and the value of the existing securities adjusting from those fluctuations. There is adequate volatility. A straddle options strategy can be employed. Positions can be taken in both directions. Depending on price action, one leg will rise and the...
Hello everyone, I invite you to review the ETC chart in pair with USDT. First, we will use the yellow line to determine the downward trend from which the price went up and created a local upward trend channel. Moving forward, we will mark support places. And after unfolding the Fib Retracement grid, you can see support at $23.76, which has held the price several...
I invite you to review the chart of ETH in pair with USDT, also on a one-day time frame. We will start by identifying the first downward trend line, from which the price moved strongly upwards, and currently we can see that we are moving along the upward trend line. After turning on the EMA Cross 10 and 30 indicator, you can see the red line breaking through the...
Hello everyone, I invite you to check the current situation on BTC in the USDT pair, taking into account the one-day interval. Let's start by defining the upward trend channel in which we are moving using blue lines, and locally it is worth defining the upward trend line. Looking at the current strong growth, it is worth laying out the Fib Retracement grid to...
Hello everyone, let's take a look at the BTC to USDT chart on a four-hour time frame. As you can see, the price is moving above the local uptrend line. After unfolding the fib retracement grid, you can see that the price is testing the resistance at $4,677, but there is still a very strong resistance at $49,070. Looking the other way, you can see support at...
Bitcoin's current rally to 48.000 USDT shows how resilient and optimistic the buyers are. However the most recent 'correction' we had to around 38.000 USDT did not even tough the 0.382 Fib line. Which in my book should be at least the minimum level to take a breather (and a reset for the RSI in the demand zone). Only after that I can see Bitcoin easily go higher....
Technical analysis Bitcoin proved in the last few days its bullishness and is ready to hit an all-time high in a few months! On the chart, you can see an ascending parallel channel that has already been retested, so there is no reason to go down. From the Elliott Wave perspective, we can see that the major wave (3) is in progress. The trend is starting to be...