#ETC/USDT $ETC completed Adam and Eve pattern that shaped inside ascending channel and touched 2 fib level of this pattern that is the same with 0.5 fib level of daily swing down. 🐮 price can correct toward upper line of channel and continue its uptrend move to $38 and if the weekly candle going to close above descending resistance, price can fly to $90 in coming...
BINANCE:ETCUSDT COINBASE:ETCUSD BYBIT:ETCUSDT Impressive run on Ethereum Classic, stats show it's getting time to retrace. I imagine ETC will test and reject the blue trendline. General Stats: Daily Vol % change: -27.88% Daily RSI is way up there: 84.33 Short Target #1: 36.9 Short Target #2: 33.8 to 32.1 It is important to rebalance the chart when a level...
Beast Trading _ Today's Bitcoin Perspective Bitcoin showed an ABC-like decline yesterday, according to the market. The decline, the decline, and the shape of the decline, moved almost the same as yesterday's market, and I'll tell you what you need to check carefully from now on. First of all, I'd like to talk about alt-pumping before the Bitcoin analysis, and...
While the Market pumps, ADA stays in its Wedge. Possible Breakout on the horizon though, its testing its Resistance line of the Wedge. Wait For confirmation in the Small Parallel channel or Daily closing above the Wedge.
Bitcoin ; Short-term Bitcoin Direction Bitcoin recovered to 23k at once yesterday, and even after that, the buying trend did not die and recovered to 24k. 22.5k - 24.3k (high point) 18.9k - 20.7k (low point) A strong rise came from the bottom of the parallel channel, and when the Elliott wave is applied, it seems that the upward waves are impulse waves and the...
The price is in a region of definition as per the circles.
Bitcoin; Consideration of Parallel Channel Let's look at the point when a strong decline occurred and the decline calmed down a little after reaching 69k, the high point of the bitcoin market. In the rising parallel channel formed from 32k, three mountains (I refer to mountain-shaped charts created by repeatedly rising and falling stock prices) appeared, and the...
This is the worst possible scenario that could happen... in my opinion based only on guesswork. There would be strong manipulation. The market pretended to go one way, then the other, just to sell off all the sardines. And then do the opposite on the opposite side. When it comes to money, I don't doubt human evil. History proves this.
The index is at the 21.4% Fibo retracement (March 23, 2020 retracement to the last top). In the inverse retracement from January 3, 2022 to June 13, 2022, the price seems to have corrected in the region of 38.2%. And it is in a bullish channel which in this context can be called a bearish flag. The Stochastic RSI is retesting a resistance for the third time. ...
After trading in range for 10 days Quant is trying to break the support of the structure at $93. First important support to watch for longs (if holds) is around $68. In case Bitcoin crashes to $17k or even lower, QNT is likely to break $50 again. To enter in a long-term bull market QNT needs a clean break above $150.
Aim for 5-8%. It can be easily achievable in 1-3 days. My belief is to choose high winning probability trade with a risk-reward ratio going from 1:1 to 1:2. The reason for booking profit of only 5-8% is because the market direction is not sure at this point. So better to aim for 1:1 risk-reward and rotate your money in better opportunities. Take trade if all...
Bitcoin is in the descending channel in the 4-hour time frame, the resistance range of $26500 overlaps with the ceiling of the channel and the range is very strong. In the 1-hour time frame, a flag pattern is forming, and if the pattern breaks, the target is the ceiling of the 4-hour channel.
Hey guys, Based on the chart, price moves into and uptrend and recently it reach to the bottom of our uptrend channel. So with considering the important news (which releases tomorrow), an up trend continuation would be highly possible.
Nifty near to prz of bearish bat and also hitting parallel upper channel. Looks like its forming a shark on htf... Once target achieved we can expect up side rally till shark. Target on chart.
Hi guys! 👋🏻 🔔 Saudi Arabia refused to increase oil production requested by President Biden. However the strong US Dollar and uncertainties in Chinese economy hold Crude oil prices from a stronger hike. Market will be watching the relaunch of Nord Stream 1 this Thursday which will have a massive impact on DXY, energy sector commodities. 🔔 As for the technical...
Bitcoin get making a parallel channel. This was a rising wedge one week ago but the chart turning parallel channel. The price has liquidity area 23500. If I see reversal candle stick or structure at range high of parallel channel, I'm gonna take a short position to 12800
Hello 🐋 Based on the chart, the price is close to important support area and the green trend lines that act as a support for the price ✔️ if the price does not break the green trend line to the downside, we will see more gain to the upside from our support area like the chart at least to the middle of the channel 🚀 our important support areas are $20900 and $21600...
#AR/USDT $AR is below upper line of ascending parallel channel, also there is an ascending support near the price. 🐮 break out from upper line of channel will help bulls continue rally to $16 to complete butterfly pattern. 🐻 break down from ascending support will drop price to middle line of channel that is the same with support zone around $11.