This chart suggests that the BTCUSD market is currently in a ranging state. We have tried to identify supply and demand zones in this range environment. The suggested levels are as follows: High teens for increasing long exposure Around 28k squaring off long positions Sit out the area in the middle This kind of price behavior is expected as the...
Price has reacted to our resistance zone and also trendline resistance by giving a significant rejection and a double top pattern off this area, would be looking to sell the pair upon market opening if all things remain the same.
ATOM's price is forming W pattern. One of the rule of W pattern is to bounce from central point as you can see on our chart. If this pattern is confirmed and bounce will come we can take a long. But it has to be confirmed by Price action on lower time frime. We are monitoring this Price action signals with our members.
Hello Everyone, Recalling from my last post, I had given my analysis on where I believe bitcoin is headed. Again, I believe we are headed up. The biggest indicators being the Inverted Head and Shoulders pattern on the 12 hour and the MACD cross over with waning selling momentum. So what are my targets? For a conservative target, I believe we will see...
Accumulation volume. With price flagging in an accumulation zone. Support finding a higher low indicates this trend is still bullish. I am still long BTC, and think we can even see higher highs from here.
Very close to price action zone. For long term investment... BTC!!!
This pair looks a really beautiful setup, all time frames tell one thing: "SELL" I will be waiting for a break and retest of 1.73 zone on 1hr time frame before entering short. This pair has way more downside potential then my target.
I am back again with another market analysis. If you have no idea where I have popped up from that is ok, check out my blog which will give you a little insight into my trading journey. LITTLE BIG MOVEMENT LATEST BLOG POST It is that time of the week where we look at the crypto markets. I will get straight to the point, the VWAP has dropped from $5000 to ...
Trading Bias: Neutral Technical Strategy: Fibonacci projections + Support and Resistance calculations to determine future price action. Chart Pattern: Inverse Head and Shoulders
I don't know the next movement but I'm happy. I'm waiting like a sniper behind his protection. Ready to kill the market with the right shot...
This is the only way to describe the gains ETH has had up to now ! Weekly chart, log scale, finding similarities on past performance, time cycles, RSI....just need that volume to pick-up. Fly high my ethereum...fly high !!!!!