Forming Falling wedge In Daily Timeframe incase Of Breakout Expecting 100 To 120% Bulish Wave
Check out TA below to catch up on the latest. Will 30k be the new 6k for Bitcoin ? So far the cycle is repeating and a extension to 30k would not be too surprising at this point. Last cycle we had 6k as support for a very long time and when it broke capitulation hit shortly after. This cycle we had 30k as support and when that broke , capitulation hit. The...
Keep it super simple on this one. BTC has been moving upwards for days but recently hit a tough area of resistance. It only makes sense to have a small pullback. If this market is for real though expect a quick reversal back to bullish and a move through resistance aimed at $28,000 BTC.
All eyes on Solana right now. After bottoming around $8 due to the FTX catastrophe, Solana has ripped back to ~$23. Fundamentally, I do not know what the future holds for Sol/Solana. However, the chart is at a very intriguing level. If the price can manage to break higher from here it looks like it could be breaking out of a year long down trend. The chart has...
The weekly gapped up on the lowest weekly volume since April 2022. Moves without volume are suspect. At the same time of the spike, notice ADX just rolled over hard. NO TREND. The 4hr. is extremely overbought and the 1hr. has turned over. EXPECT A HARD SELLOFF in all crypto simp coins. The bull trap is set.
Secondary trend. Time frame 3 days. Logarithm. Coinmarketcap: FTX Token This is how this zone looks on the linear price chart. Main trend FTT/USD (FTX, Alameda Research). Main trend. Comparison with BNB is in the main trend. Cycles Exchange giants FTT (FTX, Alameda Research)+BNB (Binance) Local work FTT/USD Local work in the reversal zone
After the scandal that happened to the FTX Token project, and you are all aware of it, the FTT token is called a dead token, and in the financial markets, these types of assets are also called 🐈dead cats🐈, but these dead cats sometimes have jumps. It seems that the FTT token is looking for a jump of at least 30% to the resistance zone with the formation of a...
Hey there! I was looking at the ugly charts of cryptocurrencies when I wanted to update my previous ideas. As I mentioned before, the buying area is around this level (green box). My main target is still between 12-14k. But in view of the fact and compared to the "corona crash" (to give it a name) at this time it will be different IMO. -very high interest...
COIN's long downtrend reversed after signs of the end of the crypto winter and SBF brought to justice to clean up the crypto industry. Moving averages show the inflection and new uptrend. On the volume profile, the price rose over the POC line showing that buying pressure exceeds selling pressure. The chart pattern shows a double bottom late December and...
If we take a look a the RSI on a monthly for the SPX 500 over the last 70 years we can see a pattern emerge , the RSI level 42.30 seems to be a very important level where many rally's have started. Over the last 70 years price has bounced off this level 10 times including the last bounce in 2022 , once price bounces off this level it signals a multi month...
Hi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 2022 has not been the best year for cryptocurrencies. Infact, many popular news outlets are proclaiming that 2022 was...
Hi guys, Chern Yu here back again for a new year! Took a 2 weeks break from the last week of dec and I am back again to smash the markets. I will be talking about some fundamentals revolving around bitcoin and the crypto market in general. 2022 recap: 1. BITCOIN has fallen a grand total of ~67% for the entirety of 2022. 2. Luna's parabolic crash along with...
LET'S SEE HOW THIS CHANNEL PLAYS OUT. Love it or hate it, hit that thumbs up and share your thoughts below! Every day the charts provide new information. You have to adjust or get REKT. Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect! This is not financial advice. This is for educational purposes only.
There's been some nice volatility on Solana. Overbought on RSI, Stochastic RSI, and MACD on the 1 hourly. We're at the top of the 1 hour wave crest and we're hitting resistance. We should fall back into the channel. Still a bearish trend. Much peace, love, health, and wealth.
Solana has completed a powerful impulsive wave up. All Fibonacci price and time ratios are perfect for this impulse pattern, as well as channeling, structure, and complexity. The expected retracement for Wave-A is $23. Minimum target is $58. This will create an excellent buying opportunity because the following wave-B will likely create new all time highs, and...
Solana has recently been suffering beatings from the lack of trust in the developers after the fall of FTX. Much of the project's assets were tied up in the crypto exchange, to the point where many of their operations and development was dependent on FTX. This distrust in addition to a slow-down in project development and lack of recovery for SOL has contributed...
BTC is showing major signs for continuations to the downside. We are going to likely to shoot down into major magnet level of 14,000/13,800 to be more specific. But we could rally into the 17,000 level before continuing back down. Plenty of confluences lining up.
The average citizen lacks any real understanding of Central Banking all they know are uneducated talking point from 🐑 that have the same or less power over their lives & the system as a whole that gave rise 2 them at leverage while they are none the wiser they are referred to by the architects of the system as... 🤓👉 ( working class / human capital) Scandals like...