Common supports and resistances based on the Fibonacci and the price action. The evaluation for MATIC is with bullish sentiment with respectable RSI . Each drop to the oversold region is a great potential buy, but always account for variable change and that means since we are currently in a downtrend in BTC , one should find much better positions for a long...
Chart shows common support and resistances based on price action and fibonacci. The total evaluation for GRT is neutral-bearish. The coin itself has a very promising application however the chart contradicts its supposed value. The Relative Strength Index shows bearish divergence per established oversold region and each of that does not establish any higher lows...
Chart shows common supports and resistances based on the Fibonacci and price action. The total evaluation for Bitcoin Cash is neutral-bearish. The coin itself is considered stable when in terms to interest since it is affiliated to the major cryptocurrency BTC, however it doesn't mean it holds the same sentiment or value to that of its precursor. The coin itself...
Chart shows common supports and resistances based on price action and the fibonacci. The total evaluation for AVAX is neutral. For each leg up of AVAX needs a very convincing retracement in order to establish solid supports which can depict a very strong buyer interest in this coin. This massive wick to the upside can later on result to a massive self-off in the...
Chart shows common supports and resistances based on the fibonacci and price action. The total evaluation for YFI is neutral-bearish. The coin itself has a very stable pace of interest, however this neutral pattern has almost always a tendency to remain more bearish than bullish sincere a larger time frame of bearish divergence are created and not enough higher...
BYBIT:BTCUSDT
ORANGE LINES: WEEKLY OPEN CLOSE(OC) TREND LINE
YELLOW LINE: DAILY OC TREND LINE
RED LINE: BEARISH DIVERGENCE (BED)
GREEN LINE: BULLISH DIVERGENCE (BUD)
SQUIGLY IN THE BACK: EMA 20 50 100 200
At the top at 65k in April BTC had BED at the peaks, following that also at the September and November runs,...
Chart shows common supports and resistances based on the fibonacci and price action. The total evaluation for BTT is bearish. The price itself was not able to produce any higher high despite being oversold in the daily timeframe from the Relative Strength Index. This shows that the asset itself is not capable of sustaining above the soft support in an overall...
I thought it was time to make a longterm chart, with all these wrong charts going around, hehe.
They are wrong because bitcoins support and resistance lines are NOT linear in the logarithmic chart.
I think that the correct fit is a square root function in the logarithmic chart, meaning that the growth is slowing down on long timescales. BTC cannot just continue...
Hello Trading Family, if you like the idea, do not forget to support with a like and follow.
As per my last weekly analysis (attached below), BTC is approaching a demand zone in green and the lower brown trendline of the wedge pattern.
on H4: BTC is overall bearish from a medium-term perspective trading below the blue trendline, but since it is approaching a...
Chart shows common supports and resistances based on the fibonacci and price action. The evaluation for ALGO is bullish. The asset is very volatile in the long term so one should take reasonable take profit levels for every pump, the price action is also healthy in terms of creating lower highs as a sign of buying interest. Every significant drop towards the...
Hello everyone, if you like the idea, do not forget to support with a like and follow.
IDEA is sitting around a strong demand zone in blue so we will be looking for buy setups.
on H4: IDEA is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing....
Using Fib circles we can see the comparison point (in green)
As this pattern is bullish in the long run, I have added a rough MA curve for what an increase in price would look like
And also a bars pattern along with this, which shows potential bullish movement
CCL is currently the worlds largest travel leisure company
*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
My team entered $MQ on November 9, 2021 at $26.5 per share where we set $30...
Hello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for BTC, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
Hello Padawans,
This is a quick update.
MATIC is one of the strong projects alive in cryptoverse with extremely low fees.
My view on MATIC is like on this chart.
Let's see what will happen next.
cheers.
May the force be with you.
The Correction Trend is over . now i think EurUsd go up.
Maybe because of the Asian market crash In the near future
Or raising Fed interest rates below market expectations
