Notice when ETH/ AMC correlation corrects, AMC runs. Currently, RSI, Macd, and price is double topping on Eth/AMC. Again, this is ETH compared to AMC price. not prices overlapping two charts. A run for AMC is due on the charts, but only until we break patter/ trend line will a massive squeeze start.
TRB has been one of the biggest winners of the last two months, doing a 14x whilst most other crypto's only did a 2x-3x. It was a matter of time before TRB corrected. Patient bulls like myself have been waiting for this opportunity. Since TRB hit oversold levels on the 4H chart for the first time since late September, this might be the perfect time for bulls to...
The total marketcap of altcoins, TOTAL3, has reached the highest value since August of 2022. In my view, this clear breakout marks the end of the bear-market accumulation phase and is the start of the next bull-cycle. Like mentioned in my other analyses, the fact that the lows are in doesn't mean we will go up in a straight line. Most likely it's going to be a...
Foreword In this analysis I want to make an attempt at forecasting both the date and the price range at which Bitcoin will top at in the coming bull-cycle. The forecast is 100% based on historical data and is based on math and not on feelings, so be prepared to see some numbers and formulas. This analysis is speculative in nature because we're forecasting the...
A quick run through of the pairs I have on watch for today. CPI yesterday and PPI today, trade safe and do not be silly!
Hello traders! Yesterday, the couple made a buy move because the US inflation came out less than it was thought to come out. The pivot (1.08860). If the price manages to break the level (1.08860), then we will have a buy movement at the levels (1.09310); (1.10000) ; (1.11040). My opinion is that the pair will keep the bullish movement. Wait to enter the trade! Be...
Hello traders! Yesterday, the couple made a buy move because the US inflation came out less than it was thought to come out. The pivot (1975.00). If the price manages to break the level (1975.00), then we will have a buy movement at the levels (1988.00); (1995.00) ; (2002.00). My opinion is that the pair will keep the bullish movement. Wait to enter the trade! Be...
Bitcoin's long-term price action is following many patterns, one of them is seen on the Monthly RSI. As seen on the chart, the monthly RSI is following a very clear channel in which is oscillates. Bitcoin tops at the top of the channel and Bitcoin bottoms at the bottom of the channel. Trading this pattern has resulted in traders buying the general bottom and the...
Here I have GBP/JPY on the 1Hr Chart in what looks to be a Pennant Pattern!! We've had 2 tests of the Falling Resistance and 2 tests of the Rising Support! There is still room for price to play in the "Pinch Point". As of now I have a Bullish Bias on this idea because price was in a Uptrend prior to entering this pattern! Along with GBP showing strength across...
Here I have BNBUSD on the 1hr Chart showing what looks to be a completed Head and Shoulders pattern!! With price having tested the "Neckline" three times after completion of both Shoulders and the Head! I believe what we will see next is the Bearish Break of the Neckline to validate the reversal pattern and continue LOWER!! **Chart Patterns are known to fail...
We have explained to you the extremely important price levels and told you which areas are important with detailed explanations and indicator confirmations and price action confirmations. So definitely from this analysis.
SELL - SHORT DYDX/USDT 🔰Entery: = 1.59 - 1.54 - 1.467 ❇️Targets 1️⃣1.45 2️⃣1.43 3️⃣1.4 4️⃣1.359 5️⃣1.296 🧯Stoploss : 1.63
The current area support is very suitable for continuation of the upward trend
In my most recent BTC analysis I wrote about the pending break out of this bullish channel. Bitcoin indeed broke out, reached 38.000$, but reversed quickly. Leveraged trades reached a climax after Ethereum's ETF announcement, which gave traders a reason to sell the breakout and buy the correction. Most alts corrected around 20% at the lows, which is healthy...
#UFO Gaming is following the PARABOLIC ARC pattern. It is NOT a Financial advice. TP 1: 1300 --> Done, TP 2: 1600 --> Done, TP 3: 2000 ,TP 4 (Yellow Line): 2350 #UFOUSDT #Parabolic #Arc #Pattern
Like most alts, ETH has been seeing very decent gains over the last few weeks. However, ETH has not yet broken out of the bear market range, which is well defined below the purple resistance area. This resistance area ranges from $2000-$2150. If ETH does not manage to break through this resistance, we can't call the bear market over. On the contrary, if this...
Today, I want to share an interesting pattern that BTC has been respecting lately. 1️⃣ First, in June, after a bearish trend, BTC formed a falling correction /pause, and then we experienced a shift in momentum from bearish to bullish. 2️⃣ Then, in mid-July, after a bullish trend, BTC formed a rising correction and then reversed. 3️⃣ In September, once again,...
Mazagon Dock Ship Builders Ltd. recently announced that the company will pay dividend to its shareholders for which the record date has been set at November 20, 2023. This will be the highest dividend the company has ever paid till date. We have previously seen the company pay dividend to its shareholders in the past so it has a good track record of giving growth...