Thanks to Tesla announcement of $1.5B worth of Bitcoin purchase into their corporate treasury we know many other companies will follow suit. I was expecting correction back into the 36k support range but the news clearly canceled and market instantaneously front run by pushing price another 10% up. We are now at another ATH in price discovery mode.
perhaps something like this upd. $2,000 Monday gap down was already closed Information is just for educational purposes, never financial advice. Always do your own research. Hit the "LIKE" button and follow to support, thanks!
EOS looking like it will break range resistance and start a weekly timeframe uptrend. Check video for thoughts on it.
Hi. So ETH is currently in a large ascending triangle, and it looks like it is gearing up to explode. We had two stop runs, clearing out any longs that entered at 1280+. Basically picking up liquidity for a move up. I'm expecting a retracement to 1333 and eyeing that as a long entry, with stops just under 1300$. The targets i'll be cutting parts of my position...
1Inch Token seems to me one of those with significant upside due to its current position in market-cap but also it growing popularity in the Decentralised Exchanges (DEX) space.
ChainLink is looking toppy to me. Not a good place to be long this alt. Volumes suggest heavy distribution and mania on perpetual swaps.
Check video for possible DOGE trade in upcoming hours.
Hi. So yesterday BTC put on a hectic move, probably because freaging Elon changed his twitter bio to #bitcoin. As for TA, BTC broke out ot falling wedge pattern, shot up, came back to test the median of the range + wedge resistance turned support. Looking for long entries, with targets being 38k, 42k, and quite possibly ATH. For additional confirmation, more...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (10.5). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . FTX Token/USDT FTTUSDT is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a...
Hi. As for LTCUSD, it is currently in a bullish pennant consolidation pattern. If BTC continues to bleed, i think LTC will head lower to 115ish, to clear out stops and revert to the upside with targets marked on the chart as .27 and .62 fib extensions. LTC usually lags a bit, but when it starts moving it moves strong. P.S. I'm using FTX exchange, which kind...
Hi. For fundamental analysis, start with this article: tokeninsight.medium.com They lay out pretty well the fundamentals of the coin and why it is undervalued. FTX exchange is picking up steam, especially with their fast approach to add DEFI tokens fast + they added the stocks from WALLSTREETBETS that you can trade with. FTX is slowly becoming one stop shop for...
Hi. So BTC not showing a lot of strength, breaking market structure and basically just limping around. Don't mind the falling wedge pattern, it can be descending triangle, you can find head and shoulders patterns in there, most of them shorterm bearish. I'm guessing the price goes to 27760ish, cleaning up the lows and possibly forming bullish swing failure...
Hi. ETH had clear skies ahead, did not meet expectations. After making bearish swing failure pattern, along with breaking market structure on lower timeframes, this leads me to believe ETH is going for retest of lower support levels. I'm looking at 1145-1150 as a possible retest area, targeting the first trouble area at about 1350-1375. Make sure to move your...
Serum is a decentralized exchange (DEX) and ecosystem that brings unprecedented speed and low transaction costs to decentralized finance. It is built on Solana and is completely permissionless. Built by Sam Bankman-Fried, it's goal is to create the best DEX with multichain operability, low fee's and 100% burn rate of SRM taken in fees. DYOR, especially research...
Important zone for BTC Bulls is not to drop below 31k and possible to hit 35k-37K, if BTC drops below 30k then we anticipate price @ 29k 27k and possible 24k resistance zone stay above 38k
Very good technical picture for FTTUSDT. Token perfectly holding all trendlines(blue dotted). Expect bulls acton in recent days...📈
Shorting Zone 41.4 -39.7 Bulls need to Hold 39 to push the trend up, but Trend still bearish and need to break the Resistance zone 42 and major zone 45. otherwise we go down possible TP ZONE 35 -33 - 28
Book example of Elliot WT on FTTBTC Expecting FTX Token to be very strong this year