Hello everyone, I invite you to every Monday's cryptocurrency review. Let's start by checking the current situation on the BTC pair to USDT, taking into account the one-day interval. The last few days have been troublesome for many investors and a lot of fears have popped up around the cryptocurrency market, which significantly lowered the valuation of Bitcoin....
Hello everyone, let's look at the ETH to USDT chart on the 4-hour time frame. As you can see, the price quickly rebounded and returned above the downtrend line. Let's start with the support line and as you can see the first support in the near future is $1616, if the support is broken then the next support is $1569, $1531 and $1493. Now let's move on to the...
I invite you to review the LTC chart in pair to USDT, on a one-day interval. First, we will use the blue lines to mark the uptrend channel from which the price came down. Moving on, we can move on to marking support areas when we start a larger correction. And here, the first support is at $83, where the price is currently located, the second support is at $77,...
Hello everyone, I invite you to check the current situation on BTC in pair to USDT, taking into account the one-day interval. First, we will use the blue lines to mark the uptrend channel in which the BTC price is moving. Now we can move on to marking the places of support in the event of a correction. And here in the first place it is worth marking the support...
After loosing a key Weekly on a move to the downside, next question is where to next right? Spent the morning trying to second guess the market and in essence try predict the price. Garbage. Trade the moment and whats in front of you. Knowledge is power. Well respected in my opinion backed by some decent fibs is a descending triangle. Fibs drawn from highs to...
Hello everyone, let's look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price is moving below the local downtrend line. Let's start with the support line and as you can see the first support in the near future is $23313, if the support is broken then the next support is $22848 and $22185. Now let's move on to the resistance line, as you...
Hello everyone, I invite you to review the BTC pair to USDT taking into account the interval of four hours. First, we will use the yellow line to mark the local line of the falling trend under which the price is currently moving. Now we can move on to marking the support areas in case of a deeper correction. And here, in the first place, it is worth marking the...
Hello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price is moving below the local downtrend line. Let's start with the support line and as you can see the first support in the near future is $21873, if the support is broken then we have a support zone from $21226 to $20399. Now let's go from the resistance line, as...
Hello everyone, let's look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price is moving below the local downtrend line. Let's start with the support line and as you can see the first support at which the price stopped is $21890, if the support is broken then the next support is $21237 and $20412. Now let's move to the resistance line, as...
As the second chart in today's review, we'll be looking at ETH versus USDT on a one-day timeframe. First of all, using the blue lines, we can mark the uptrend channel in which the price is currently moving. Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark the supports, and as you can see we have the first support at...
Nicely aligned fib retracement with fib risistance fan. 0.618 and 0.66 nicely aligned with Naked point of Control (nPoc). Possible target high 24.4k. Notice nPocs aligned with Fibs for confluence. Interesting. Thereś a nPoc at 24500, Nice ;) 23,075 is an nPoc just below CC 0.618 currently drawn. Fib fan 0.75 is a good level of support in my opinion should we...
Hello everyone, let's look at the SOL to USDT chart on a 4-hour time frame. As you can see, the price is moving in the local uptrend channel. Let's start with the determination of the support line and as you can see, in the first order, it is worth marking the support zone from $ 24.33 to $ 23.55, if the support is broken, then the next support is $ 22.79, then...
Cholafin stalled its upward rally due to market correction but its taken support near its 78% fib retracement level & trying to regain its upward rally towards 750 level. Could be bought with stoploss below its 50% fib retracement level ; 702.
Likely completed a HTF running Flat which is as follows : Wave B extends beyond the start of wave A Wave C finishes above the end of Wave A Wave A must breakdown into 3 sub wave ABC Wave B must Breakdown into 3 sub wave ABC Wave C must subdivide into 5 waves (in the case of XLM an Ending diagonal) the ending diagonal is a precursor to a strong reversal. Likely...
BINANCE:UNIUSDT Bullish Gartley (Targets Pending) & Potential Bearish Bat (CD leg pending) C to D leg Bat can extend to 1.618 to 2.618 of fib retracement
Welcome back! Let me know your thoughts in the comments! **USDCAD - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. 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 straight to your...
Ethereum is falling sharply while RSI is printing new ATL, time to be opportunist and place some juicy bids on 300MA and below! Current Price= 1030.88 Buy Entry = 915.64 - 739.86 Take Profit= 1265.98 | 1632.40 | 1998.81 Stop Loss= 534.62 Risk/Reward= 1:1.5 | 1:2.75 | 1:4 Expected Profit= +52.94% | +97.21% | +141.47% Possible Loss= -35.41% Fib. Retracement=...
This scenario is inspired by previous encounters with the 'red ring of death'. Combined with the fact that historically BTC made double bottoms (2nd bottom always a bit higher than the 1st one). RSI wise it wouldn't surprise me neither as these setups are made quite often. It's not improbable.