Bitcoin is a global trend break! Can't avoid falling?Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
Small updateBTC friends:
Technically, on the daily chart, the price broke through the global trend line, previously it acted as a support zone, now there is no support, as we can see, and now this trend line is already acting as a resistance level, which can lead to the next scenario very soon...
Suppose the first option, as I wrote earlier, will drop to the 29,000-28,800 zone and from there get an upward impulse to the $29,300-29,500 consolidation zone with a possible update of the local High $30,250
Or the second option: the price will fall below the local LOW of $28,550 and test the support level in the $28,050 zone, moving lower to remove stop orders.
I continue to hold the $29,550 short entry and am bearish for now, although there are a lot of rumors about an impending BullRun...
J-ADA
Bitcoin is back in the channel! Where will the price go?Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
Is it time to close the position?
WHERE IS THE VOLATILITY?!
Guys, it's boring, but sure, the price of bitcoin is creeping again to the $29,000 test and to important support levels from where a reaction to the upward movement may follow.
SOME THOUGHTS ON THE SCHEDULE:
Technical: on the 12H chart, the price of bitcoin is again moving in the "downward channel", clearly confirming the upper limit in the $30200 range both times. While thoughts are such that, with this test, we will be able to see again the confirmation of the local support of $29,000-28,800 and the cutting of the global trend line.
WHAT IS THE PLAN FOR THE POSITION?
So far, there is still faith in the downward movement, I keep a short position, although I had thoughts of closing yesterday ... In general, friends, as you understand from the technical side, I am waiting for confirmation of the $29,000-28,800 zone and most likely I will be fixed there. If I get out early, I'll let you know.
But it is often thought that very soon sticky shorts from $31,800 will begin to endure and even that we may see a renewal of the annual maximum.
By the way, the indicators on the older timeframes are slowly changing their shoes to LONG, now it’s time to leave the short position and preferably in a small profit :)
ETH - trendline retest!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
Locally, the ETH chart looks like a re-test of the trend line in the range of $1805-1785
Technical: the trend line is now a local support from which a rebound towards $2000 may follow.
But, I recommend acting with the shortest stop possible, with such a long consolidation, an impulse in both directions may follow, and it is best to wait for the next weekly candle to open and see what a major player will offer us.
ADAUSDT can ascend further!As you can see, ADA was in the falling wedge, the price was able to break the wedge, now the price is in the PRZ zone, which has the potential to grow.
➡️ Note if the PRZ is broken downwards with the strength of Bearish candles or , this analysis of ours will be failed.
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
ADAUSD is the bottom in? Where could it go?The last time ADAUSD created a macro market bottom and rallied, it gained about 17,000%. If history holds any merit, it may make moves like this again in the future. However, it's important to highlight that ADA could be targeted by the SEC for violations. It's also the case that Metcalf's law requires more users to use ADA blockchain in order for the price to increase. It is also true that the law of diminishing returns may dampen the potential upcoming pump.
Bitcoin - the wedge is broken, what's next? Growth above 30k$?!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
Bitcoin showed good volatility yesterday and was able to break through the “falling wedge” with an upward movement, and the price rose above $30,000.
Also pay attention to the trend line, the price evenly tests the support in the form of a trend line and bounces to $30,000. It even looks a little strange that MM gives such ideal entry zones.
While still sticking to the downside scenario, I think all these runs above $30,000 will lead us back into the abyss and disappointment. I advise you not to catch fomo and be careful with long positions, if you missed this growth, expect at least a correction.
ADA ☁️ 24-Hr Outlook - Bearish Market; Rebound In 1 Week? Cardano faces clouds ☁️ or even 🌧️ rain in the next 24 hours. This translates into a slightly bearish market with downside risk. 📉
Over a one-week horizon, CRYPTOCAP:ADA will likely see the sun return. ☀️
Follow us for more #Crypto weather insights!
ADAUSDT Price Dynamics and Potential Bearish Signals💎In recent times, #ADAUSDT has witnessed a significant price spike that caught many sellers off guard. However, it is crucial to delve deeper into the price action to gain a more comprehensive understanding. Could this sudden surge be a stop-loss hunt, designed to shake out the bears before a major price decline ensues? Let's explore the evidence.
💎 One notable aspect is the recent price action, specifically the bounce from the 200 Exponential Moving Average (EMA) on the daily chart. This serves as an intriguing signal, suggesting a potential reversal. Moreover, we observe how the price spiked above the EMA, reaching the supply zone, but was ultimately unable to surpass it. This observation underscores the significance of the $0.38 supply zone, as it continues to maintain the long-term bearish trend for #Cardano.
💎 Additionally, #ADA remains within the confines of a descending channel, providing further validation of the prevailing long-term downtrend. With this in mind, it is prudent to anticipate a minor upside pullback before a substantial drop occurs. This potential pullback could elevate the price to the $0.35 level, which aligns with a double Fibonacci resistance, adding strength to the expected price decline.
💎 Looking ahead, the anticipated drop could be as significant as a 50% decline over the coming weeks or months. The key support level to monitor resides at $0.1767, further reinforced by a double Fibonacci level, as illustrated on the chart. As Paradise Club members, it is crucial to remain attentive to these developments.
💎 In conclusion, the MCP team is diligently monitoring the current pullback, seeking the optimal entry point for a short trend strategy. As always, we are committed to providing timely updates and guiding our Paradisers toward informed decisions amidst the evolving market conditions. Stay tuned for further analysis. 🌴
Bitcoin - this FUD can break the pattern!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
Friends, I decided to add some thoughts to the previous post on bitcoin.
Technical: slightly corrected the "falling wedge" formation and now we have support around $28,350, where the price may go very soon...
Earlier, I wrote about FUD with BinanceUS that they allegedly want to close the exchange, but in fact there is nothing to close there ... as always, they want to make a molehill out of a molehill and seem to collapse the market.
Now a new FUD has arrived, already associated with the HUOBI exchange, that it is not solvent, and if the exchange is not solvent, then what does it mean? That's right - liquidity starts to leave the ship (exchange) in a panic and keep their babulets away from there because of this, the exchange may simply collapse, well, as long as we don’t observe this news on the surface of the day and there is nothing serious on the market, and the HUOBI representative herself replied that this is all only rumors... well, we all know how rumors can win back on the main asset. Just be careful guys now!
In general, a storm is approaching next week, although we may see something interesting on bitcoin before the opening of the new week, for example, a fat candle towards $28,000
So while we are following all the news and the market as a whole as closely as possible, I recommend abstaining from long positions for a while, it can be very dangerous.
SHIB - breaks the global countertrend line!!!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
After a local accumulation of 1.5 months, SHIB broke through the global countertrend line and the asset has already managed to gain a foothold higher.
The nearest strong resistance level is 0.618 Fibonacci on the global 3D chart.
From the technical side, it looks super-positive, well, since I am waiting for a correction in BTC, maybe we will see downward movement under the trend line again, so here fifty-fifty friends, well, there is an option that the asset will go against the trend, i.e., BTC will fall and SHIB will stand in one place or go up :) Be careful friends;)
Bitcoin - a possible takeaway before the next fallHello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
Greetings friends! I sketched such an interesting plan for a bitcoin chart on TF 1D.
The boring flat continues, but the price forms bullish patterns for us, this time a falling wedge, which, as we see, has already been broken and, perhaps from this breakout, we will see a reaction a little higher than $29,500.
At the moment, I don’t see a scenario to go above $30,000-30,200 (600-800 pips) Bitcoin is still under strong pressure from the buyer and there is a presence that they can even start dumping without a rebound, so be careful if you take long margin positions with high leverage.
I think I'll be in position soon, watch the market for a while... But it will be nothing more than a scalp.
it's time to going up for ADAUSDTbefore buying, please check for being sure about your opinion about this CRYPTOCURRENCY!!!
(in every target you want closed the position but our target is the third one)
be rich...
and
doing and living in the best quality *-*
(Guy's the entry place is importance things in enter in a position and be careful do not going up your leverage over 7x ,all things it's about risk management)
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if you want to enter in this position:
Enter Price: 0.3136(when completely closed here or higher, not different)
Target1: 0.3155
Target2: 0.3192
Target3(Final Target): 0.3221
Stop loss:0.3111
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Bullish Signals for ADA Amidst Neutral RSIDuring the past days, ADA has reacted positively to its second support in the range of $0.30, and selling pressure has decreased on this support. The RSI level on a daily timeframe is currently at 52, suggesting a relatively balanced state of buying and selling pressures, neither indicating overbought nor oversold conditions.
The downtrend line drawn on the chart has been broken, indicating a potential shift in the market sentiment. However, despite this breakthrough, the buying power has not been enough to push the price up significantly, and there is still no strong indication that the price of Cardano is going up.
For a more convincing bullish scenario, a strong signal would be to see ADA break the resistance of the $0.32 range again and stabilize the price above this level. In this way, Cardano's higher targets will be in the range of $0.36 and $0.38. But until then, another downward swing from Cardano may be seen, and the RSI at 52 suggests that the market sentiment remains relatively neutral.
The fluctuation may continue until the starting range of the last bullish spike candle, i.e., the price of $0.289. If we see a positive reaction from this area, combined with an increase in buying pressure and a potential rise in the RSI, we can expect the growth of Cardano again.
In summary, the recent positive reaction from ADA's support levels, the break of the downtrend line, and the RSI at 52 indicate a somewhat balanced market. To confirm a more definite upward movement, breaking the resistance at $0.32 and observing a potential rise in the RSI will be crucial. Until then, caution should be exercised, as the price might experience fluctuations and may retest the starting range of the last bullish spike.
ADA 1D ReviewHello everyone, I invite you to review the ADA chart in a one-day interval. As we can see, the price has broken the downtrend lines, but you can see that the price is moving just above it, which could bring the ADA back into the downtrend.
Let's start by marking the price support spots and we see that first we have a $0.28 to $0.25 support zone, however if the price goes down we have another support at $0.22 and then a $0 support at $18.
Looking the other way, we can similarly identify the resistance points that the price has to face. And here we see that the current price quickly moved back to the resistance zone from $0.33 to $0.36. We still have $0.38 resistance, only when price breaks out will have to break through the very strong $0.40 to $0.42 zone.
As you can see, the attempt to exit the EMA Cross 200 up failed and the price quickly returned to the downward trend.
The CHOP index indicates that we have a small upward movement and a lot of energy is gathering, the RSI indicates a sideways trend and movement around the middle of the range, be careful because the energy collected can be used for dynamic movement. The STOCH indicator indicates that we can expect small increases, however, downward movements give a much larger price movement.
ADA/USDT bullish move incoming!! ?👀Cardano Today Analysis💎ADA is gearing up for an impressive bullish move.
💎 A few days ago, ADA effectively mitigated the bearish Order Block (OB) after grabbing liquidity, setting the stage for a downward move.
💎 Currently, ADA is trading in a demand area, and we anticipate the price to reach the level where it first faced rejection.
💎 The significant surge in volume is also indicative of a potential upward move. There's a bullish OB present at $0.2895, and we expect the price to reach this level before initiating a bullish move.
💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
Bitcoin - you need to overcome resistance to grow!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
Guys, some thoughts on the futures chart:
The ascending channel in which we have been for so long was broken by the downward movement to the $ 28,850 zone, I wrote about this earlier and said in each of my posts that I expect such a scenario and therefore I held a short position for more than a month, the plan worked out for me, we left the channel I fixed a profit, cheers)
At the moment, the price of bitcoin is trying to return back to its usual range of $29,800-$30,400, or rather, the buyer is trying to return the price, but the seller’s strength continues to dominate, and as we can see on the chart, we received a reaction from the mirror level of $29,670, the upper part of the channel and bitcoin is again going to test the local support, channel from below.
I expect that we will still see a movement below $29,000, but I don’t see a super big drain yet, maybe it will happen through a rebound to $30,000-30,400 and from there it will go to break through the support of $28,000-27,500
Friends, not financial advice, just sharing my thoughts on the schedule, at the moment I am out of position, just watching from the side :)
Triangular Pattern and Corrective Wave AnalysisIn the 4-hour timeframe, ADA is currently exhibiting a triangular pattern, indicating a corrective wave D. With the recent breach of the upward trend line depicted on the chart, it is likely to progress to complete wave D, followed by wave E. Observing the support levels in the range of $0.2800 and $0.2680, it is possible that these levels may mark the initiation of wave E.
ETH - the price has left the channel, what's next?!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
Friends, I will update the ETH idea a bit:
So far, everything is going according to plan, after tightening the lower border of the channel, the price was able to break through the support and the walls of the orders that the market maker placed earlier are starting to work out. The most interesting thing is that we got a -2% decrease on the weekend when no one really expected it, I think I managed to warn you in advance :)
At the moment, the plan has not changed much - I continue to keep the scalp short position to the support level of $1820-1825, the market maker has not yet removed the walls from the orders and continues to exert pressure, perhaps we will see a movement below the support of $1820-1825 through a slight rebound, there will be changes, I will definitely inform you.
Bitcoin is an expanding triangle and a channel, which is faster?Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
Friends, I found another interesting formation that can work out in the future, from the technical side it is called the "expanding triangle.
At the moment, we are seeing that the price on 12H has already bounced and is striving to test the resistance from above at $31,950 in the "triangle", perhaps the price will bounce earlier, as I wrote earlier, a return to the range from $29,650 to $30,500.
In general, the picture is not entirely clear yet, because on the futures chart we have an "upward channel that has already worked from above and should reflect from below by $28-27K
Guys, I continue to hold a short position with TBX $ 31,250 I decided to share this chart because it can also work itself out in the future and you need to be as careful as possible with short positions and follow your risk menu. All the best and happy trading!






















