Ethereum is testing the local ascending support Looking for a leg down if we break downside targets 1919 , 1917 , 1915 , 1900
Trendline on the monthly timeframe is respected Going down to the day, BTC looks like it's poised to retest the month trendline. However, on the 4 hour, resistance wick is formed below Day support. 2 possible options: a) Price retest the region of the month's trendline and reverse b) Price respects day support resist and heads down to Profit 1 zone: 26020 ...
Hello traders. Sharing a Bitcoin analysis along with its dominance in the right panel. 🗓 Today (on 04/18) the price retraced to the exponential average of 21, in the 61.8% Fibonacci retracement. 💹 Continuing this bullish move, the next target by the Fibonacci projection would be at $ 31,387.00 Should there be a further correction, a possible entry point would...
📆 We can see that the month of May is a crucial month. The range contained in the 🟥 red rectangle has already been tested several times, and in May last year we had a sharp drop. Here we are again in the month of May, on top of that range. Will it fall again? I don't know. But if it drops again, I would bet on a drop to some Fibonacci region drawn on the chart,...
First of all, I think it's important to point out that I don't invest in meme-coins and I don't see any value in it. This is just an analysis with a more humorous and entertaining content, which I did in my free coffee time. I would never put my life savings in such a place... Asterisks aside, let's get to the analysis. A brief introduction PolyDoge is a...
The Bitcoin market has broken above $30k in recent weeks, posting the strongest Quarterly returns (+70%) since the Oct 2021 ATH. This has also been the second time weekly returns have reached +35%, firmly placing Bitcoin as the best performing asset class YTD, once again.the strong market performance in 2023 is a stark contrast to 2022, and suggests a favorable...
FTM jumped 300% since Defi father aka Andre Cronje is back as vice president of memes at the fantom foundation! wait a what... FTM has been one of the best performing tokens of 2023, pulling off a series of impressive gains in the last few weeks the price of Fantom is $0.53 today with a 24hour trading volume of 315 million dollar. This represents a 4% price...
The price of Polygon is $1.09 today with a 24hour trading volume of 444 million dollar. After trading near the resistance line of the symmetrical triangle pattern for a few days, Polygon turned down and reached the support line but it still hold the uptrend The flattening 50day EMA ($1.13) and the RSI below 50 indicate that the bulls may be losing their grip. If...
On the weekly timeframe, support and consolidation channel is formed - flat highs. Going into the daily and 4 hour, we see price action playing withing the sideways range. The sideways range is "protected bu strong resistance and support at the daily timeframe. For scalpers. Look for strong Buy entries above 30,087 or Sell entries below 28,568. If BTC breaks...
Hi everyone👋. As mentioned in previous posts, Bitcoin failed to break the 🔴 heavy resistance zone($ 32,420-$ 28,900) 🔴 in the first⚔️ attack⚔️. According to the theory of Elliott waves, Bitcoin completed the 5th wave at $ 31,000 and is currently in a corrective phase. It takes time to recognize the structure of the corrective phase, but we can expect Bitcoin to...
The price of ADA is $0.4 today with a 24hour trading volume of 285 million dollar. This represents a 5.7% price increase in the last 24 hours and a 12% price decline since last month Ada managed the breakout at 0.38 and had a huge buy volume and now the crucial EMAs (50, 100, and 200) accumulated between the $0.41 and $0.396 barrier accentuate the high resistance...
At press time, crypto market head bitcoin fell below $30K, resulting in selling pressure dumps BNB token price by 4.5% overnight, when the current price remains at HKEX:326 level. Meanwhile, the market capitalization of BNB reached HKEX:51 billion in the ongoing selloff. Buyers failed to keep BNB above the 9-day simple moving average, but the 21-SMA remains to...
Go long on the pair since structure got respected...it's a buy for USD ..and sell for joy ...all fundamentals favor USD
Gold is going to go very very low today...sell gold because all news favor USD and structure says sell very hard...you can unfollow me if this goes bad
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This is likely the simplest chart and it's a promising one: 🗸Support at 26965 is a Major one (mid channel) and allows us a great entry (or re-entry). The question i have been receiving the past days is: 'hey Prof, is this a good time to enter now?'... My answer is a yes, as per usual. Given the support i mentioned at 26965 one can trade with a plan. The main...
We are thrilled to announce that the OKXIDEAS contest has come to a successful conclusion. We would like to extend our gratitude to every one of you for your enthusiastic participation and for sharing your innovative ideas with us! The quantity, quality, and diversity of ideas presented truly exceeded our expectations - this made the selection process both...
1I'm going short because overall trend is a downtrend 2.on a downtrend I only swing buys and scalp sells. 3.HS was spotted,now triple top was spotted.on the triple top I waited for break n retest before I could enter..