What do you think about this? Are we in a favorable scenario to invest in Netflix shares? Do you think this drop will last longer or with the RSI at such a low level, can we get a breather from the market? Maybe even a trend reversal (which has been happening for a long time now, this price drop)
Bitcoin rallied in perfect correlation with stocks. As predicted, we are seeing resistance around $42K. If we are able to break through there is a vacuum zone above to $43.1K. The Kovach OBV has picked up, but has leveled off indicating that momentum has petered out for now. We should see support at the low $40K's if we retrace. As an absolute floor we expect...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. BTC is sitting around a strong support 38k-40k so we will be looking for buy setups. on H4: BTC formed a valid channel in red but it is not ready to go yet. Trigger => For the bulls to take over, we need a momentum candle close above the last high in gray. Meanwhile,...
Bitcoin caught a nice pivot from just below our level at $39.2K. This small rally was still significant as it was able to take us back to the $40K's, where we are currently testing $41K. We will have steep resistance from $41.6K and $41.9K which are the next barriers. The rally looks pretty weak, and the Kovach OBV has barely budged. Thus we are likely to...
Bitcoin appeared to be getting good support at $39.2K, but has pressed lower. It broke through this level finding support just above $38.2K. We did see strong support confirmed by a green triangle on the KRI, however the price action does look pretty weak at the moment. Though we did see strong support, we are still not seeing further momentum come through. We...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Here is a detailed update top-down analysis for BTC. Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck! All Strategies Are Good; If Managed Properly! ~Rich
JASMY is the first legalized coin to be approved in Japan that helps resolves issues around IoT devices and is also known as "The Japan's Bitcoin". It is currently at 1 cent and is sitting at a demand zone. It is predicted to have a 44,000 % gain by 2030. Why not get in at the bottom? I will be dollar cost averaging this as it continues to develop!
Bitcoin has slumped, still relaxing at the base of the $40K handle. We are seeing strong support at $39.2K, which seems to be a floor for now, but lack of buying at this level is concerning, and could indicate another test of lower levels. The Kovach OBV is still quite bearish. If so, $38.2K and $37.7K are likely levels of support. A likely ceiling for now is $43.1K.
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. ETH is overall bullish trading inside the orange channel, and now approaching the lower orange trendline acting as non-horizontal support. So we will be looking for trend-following buy setups. Moreover, the zone 3000 is a strong resistance turned support. on H4: ETH is...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. KCS broke our gray resistance zone and is now diving back below it. As per my trading plan, here are the two possible scenarios I am looking for: 1- Bullish Continuation: In this case, we need the bulls to break the orange flag pattern upward and above the gray area for...
Bitcoin caught a relief rally to $41K which was immediately batted down. We have recovered the $40K's albeit not by much. We are currently seeing support from $40.8K, one of the last levels in the $40K handle. If this does not hold, we could test $39.2K again. If we somehow see strong buying come through, we must first break out from $41K and $42K, before...
check the static and dynamic trend line of COMP , it has a good potential to hit 172 USDT, #HODL
Hello everyone, if you like the idea, do not forget to support with a like and follow. LUNA is overall bullish trading inside the blue channels. Moreover, 60.0 is a strong demand zone. So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green demand and lower blue trendline. (acting as non-horizontal...
Bitcoin has been wavering at the precipice of the $40K handle for some time. We appear to be forming a bear flag, and have very little buying interest. This set of factors does not bode well for the price. If we break down further, expect support $38.2K, or $37.7K. Long term, we could stand to press much lower before seeing any buying interest. If we do catch...
Bitcoin has taken another sharp turn lower in tandem with stocks. As discussed in the last report, we are currently seeing support at the base of the $40K handle, though we did break lower into the $39K's albeit briefly. We did see nice support from $39.2K, confirmed by a green triangle on the KRI. However, we are not seeing the buy back that we would expect if...
⭕️You see the analysis of Crypto TOMOCHAIN in 4 hours v(TOMO/USDT , H4 )🔎 🔰Trend lines are marked with white color and Demand ranges with purple color. The price moves in a flag-like pattern❗️. In case of price collision to the bottom uptrend line, a suitable position for buying is formed. 🧐 There are two types of expected price movements that are marked with...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. DAILY: Left Chart ETH is overall bullish trading inside the orange channel, and now approaching the lower orange trendline acting as non-horizontal support. So we will be looking for trend-following buy setups. Moreover, the zone 3000 is a strong resistance turned support....