The second week is here, and we are still showing some strength in building up that overbought market and pushing the limits of Bitcoin.
Not only are we laving heavy masses of FVG zones down below to be grabbed, but we are also on the heatmap of Bitcoin, where the majority of traders have shifted to long positions, showing us a potential liquidation grab to...
DOGE is at a pivotal moment, as it confronts a significant resistance zone. After a substantial rally, the RSI is telling us that the market is overheating and entering overbought territory. This could indicate that a correction is near the corner.
We're watching for a decisive move; a sustained break above the resistance could signal continued bullish momentum,...
The ETH coin has had a nice breakout from the major resistance zone, where a new weekly candle pushed even further, breaking 100 EMA fully.
No long poems here so gameplay is simple: we need to see how new weekly candle will close (if we see a nice closure above resistance zone, we will go for major resistance in the upper zones; if we see a closure of the price...
Hello everyone! With BTC having a run like it has in such a short amount of time, a logical trader knows that a price correction is massively over due.
Using my technical analysis, I have calculated the price of BTC to drop down, within the next 48 hours. Not long after it will bounce back up but not before it goes back down quite a bit.
This is just my...
Cardano (ADA) is experiencing a significant breakout on the weekly chart, as the recent candle has surged past both the descending channel resistance and the key horizontal zones. This impulsive move indicates a potential change in trend, suggesting that buyers are regaining control.
But what caught our attention is that the RSI has spiked into overbought...
Bitcoin's monthly chart is painting an intriguing picture as we edge closer to the April 2024 halving. The price is not only going for an attempt to test previous all-time highs but the RSI is echoing a pattern from the last pre-halving period, striking a pattern to be repeated with historical price movements.
As we see the RSI return to levels it last saw right...
Solana's recent price action suggests a consolidation at a significant resistance level. The Relative Strength Index (RSI) has retreated from overbought conditions, indicating a potential easing of buying pressure. While currently holding resistance, a good hold near current zones could lead to a test of lower support levels, with the first notable support zone...
We've been tracking the MASK coin closely and have noticed some interesting movements. The coin attempted a breakout which didn't hold, leading to a sharp decline towards a re-test zone. If this re-test fails to push through, we're likely to witness a further slide into the lower price regions, with the 200 EMA as our primary target. This area will be crucial to...
The BNB/USDT pair on the daily chart shows a failed attempt to push higher, indicating a potential reversal. The market seems to be reacting to news about Binance's founder, which could be influencing trader sentiment. The Price is now staying below 100EMA, showing us the strong overweight of bearishness (thanks to that failed attempt to push)
The path ahead for...
Hello Everyone 🙋🏽♂️
Overbought + Supply zone
🟠 EP 1.49437
🔴 SL 1.50724
🟢 TP1 1.48111 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️
🟢 TP2 1.46692 ⚠️ ( Close 33% of the trade )⚠️
🟢 TP3 1.45514 🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot...
Solana Coin has been on our radar for some time now, so here is a quick update on the current situation:
The focus is on the middle line of the Bollinger Bands; a breakdown here could be the start we've been waiting for. Such a move would provide the clarity needed to determine whether we’re heading towards a more substantial downtrend. We remain open-minded,...
The middle line of the Bollinger Bands and recent lows serve as markers for the support zone, which puts traders on edge. A decisive break below this area, confirmed by a sustained move below the middle Bollinger Band, could lead to a test of the lower FVG zones.
We should watch for a retest of the support level; a failure to reclaim this zone may intensify...
Intriguing scenario on the 4-hour chart. Recent market sell-offs that resulted in a structure break have marked a significant resistance zone, which the market price is currently testing. Despite a slight upward movement, there's a clear tension as traders anticipate whether the resistance will hold or not.
If the price sustains below this resistance, then we...
The weekly chart for Bitcoin shows that the price has failed to hold above the resistance zone and the $38K level, closing below both and indicating potential bearish momentum. A new week has begun with a move down from $37,500, suggesting that the bulls are losing their grip.
The $29,850 level is a significant point of interest; a fall to this support could...
The price has reached the anticipated resistance zone, currently demonstrating strong holding power from sellers. Furthermore, the RSI exiting the overbought zone indicates the beginning of a potential bearish trend. This combination of factors—the resistance hold and the RSI shift—suggests that traders may start to see a downward trend in price. Now waiting to...
On a weekly timeframe, our attention is still on reaching the lower side of the triangle formation here. We see that the price just keeps rejecting that zone, which indicates a potential movement to lower zones here!
We are holding our eyes open for some sharp movements here and we are going to start slowly shorting ETH as well!
Trice is hovering near the 100 EMA and the lower side of the trending channel, suggesting a potential weakness. Despite a recent small bounce, the Fear & Greed Index shows a greedy market, hinting that the bullish sentiment may not hold for long. This scenario, coupled with an overbought market, raises the possibility of a short squeeze or even a continuous...
