Second crypto asset I've seen today get completely slammed with a pump and dump by the whales. Potential short if you managed to catch the pivots at the top that got wicked. Let me know if you have any questions!
If you draw a trendline between two cycle top whats next too each other and clone it to the cycle bottom that line will cross with the next cycle TA bottom. Fact thats line currently 25% under the bitcoin price and some banks and hedge founders predict to 2023 a 25-20% crypto and stock market crash.
Evening all, Full TA in the video as usual. Some notes: - Bitcoin clinging on to the lower trendline of the rising wedge we have identified. - Look for support levels on a breakdown - $16919 is an important level - The breakdown measure move is around $16374 - If we do break down past $16919 look for a bearish retest and a possible short opportunity - Daily...
I think they are going to claim that all the inflation is out of the system and everyones stocks can go back up. But who knows, I'm not quite sure. We will have a better clue tomorrow.
High buyers pressure and two touches of the level contribute to the probable upcoming breakout of the level. It is reasonable to find entry point for early loading before the breakout during deeper correction.
Wait and see approach we are downtrending again on Weekly, daily and 4HR so as bulls we dont want to get in just yet for any swings. Scalp only mode GL
Lets go bulls!!!! Or maybe bears? Wait for confirmation as we getting close to break out on MACRO scale Dont forget to watch SP500/SPY for clues on direction Cheers!
EXPLANATION ON CHART Outlook for ETH heading into FOMC meeting Expect some volatility leading into the FOMC meeting later this week, after the recent accumulation for both BTC and ETH there is definitely the possibility for a decent bear market rally. jerome powell hinted at being slightly more doveish than hawkish in last weeks meeting.
LTO making a Ascending triangle and getting ready for a breakout
BTC toight like a tiger on the 4hr here Downtrendline watch- orange Also watch for the 4HR RSI trendlines breaks bulls need to hold either the higher lows on 4HR or Hold the box support For best followthru both RSI downtrendline and Price EQ to break at the same time!!! EZ-PZ right? Get ya stop loss in
BTCUSD cost basis indicates that potentially the downside target is just over USD 12k, with upside of the range currently around USD 24k. This analysis's is based on 75% of BTC current supply (being around 80% of 21 million) can be traded and around 20% of that supply is more active than HODL or cold wallet volumes. Whether 60% or 75% numbers are used, the...
This custom chart that I post periodically continues to have excellent TA. Right now it's reflecting the volatility from recent crypto events, and less obviously but more importantly, that gold has bottomed. The spike upwards is showing us where things are headed - bullish for precious metals compared to cryptos. BTC *may* have found it's bottom (for now,...
Is it a triangle or head and shoulders? Or are we going to break bull or bear? It's too early to tell,. It good to keep an eye on and make trade plans accordingly. Which one is it going to be? I reckon a triangle that breaks bull. Find out on the next episode of dragon ball z
Hi, Here is the our analysis from EOSUSDT, so price hit the bottom at a major support level and bounced back, so If we draw our next few resistance and at the same time we put FIB retracement we can see have the possibility of the price to hit 0.5. at three different stage, First 1.15, next 1.30 & then 1.38- to1.40.
We got Weekly 21 ema acting as resistance Daily 21 ema acting as Support FOMC announcement coming in on Wednesday 2pm New York time Triangle on 4 hr ready to break with some follow thru Let's be ready Stay protective
Hello Dear, as we can see in the chart, Link kind of broke the daily down trend line but it's not moving toward upper resistance yet. instead formed another dynamic downtrend in which is clearly visible in 4h timeframe. If it breaks that up and give us confirmation, we can go long. otherwise we are short now.
Big move incoming bear or bull BULLS: 1) Broke out of the downtrendline on the daily going back 5 months!! 2) Need to confirm with volume & followthru, break and stay above 20k 3) Need to break D RSI triangle bull! 4) Tether just printed 1 Billion (not trillion typo in the chart) USDT, historicallly a bull sign BEARS: 1) Dominant trend is down, likely to...
Quick short idea on SPY. Wait until it breaks the wedge before entering.