On the chart we can see the price is currently overbought. The three indicators are suggesting the price is in overbought condition and is likely to go down.
This is a short-term setup and the profits could be taken at the target. The three indicators used are Bollinger Bands, RSI and Stochastic.
See all further details on the chart.
Goodluck!
As you see the #BTC Chart, We have been in a Down trend for almost a year .
In High time frame , in this case Weekly, we are moving down with a weekly compression, you may call it a wedge.
In my opinion, We are gonna complete the down trend in a 3Drive Style, Touching Monthly Demand (12K - 9K ) .
The Demand is so powerful that pushed the Bitcoin Price to 60K...
It's still going smooth and likely more profitable n on Higher Time frame there's a correction and now I'm looking for a lower time frame correction to continue the trend. I'm selling this when I see a lower time frame continuational correction completion.
Thanks for reading
AS ALWAYS TRADE SAFE AND STAY SAFE!!
Semi long term target.
which can occur in 2 ways
either we drop below 0.37 now
and maybe even see 0.28 and
then we can make our way up.
Or we hit 0.45 and then go find our bottom
Follow for more !
Eth is previously broken the daily trend line which was really strong and alos it has broken the 4H trend too.so we could expect will go higher and complete the "w" pattern in the weekly resistance.we can see potential move to the upside.now the eth is crating higher highs and higher lows.so it will continue it.
Market can still capitulate and altcoins will in that case drop 40-50% or so. But lets assume that the market will recover fast. If the short time downside is 40-50% and the longtime upside is multiples...I don't think "waiting for the perfect entry" is the best choice. Don't wait to long to DCA into your favourite altcoins that you believe will survive the bear...
currently xrp is broken the previous resistance so we coul expect the price will retest the level and which will become support. then it will rejection higher and reach to strong weekly support.
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
NEAR has been overall bearish for a while and it is now approaching a strong weekly support and round number 1.0 in green.
NEAR is forming a channel in red. For the bulls to take over from a long-term perspective, we need a break above the channel and last major high in...
Bitcoin is a classic liquidity measure.
Prices have changed.
But the fundamental need for crypto hasn’t. Nor has the core technology, which is only growing stronger .
Would like to see Inflation Topping out ,
Short rates to drop, Bond yields drop,
Stock Market Bottom Formation and commodities to lose strength before Pulling the Trigger .
I think that the current prices of BTC are not suitable for trading . For spot purchases, the $13300 and especially the $10000 price level are ideal places to buy BTC.
Also, I think the $19000-19200 range is the maximum that BTC can go through in a possible mini-rally . According to my expectations, BTC will continue to fall without exceeding 19200$ levels...
Here we expect the upward trajectory in KEI to stay in this parallel channel. We predict the price would stay in this channel for maybe 6 months. In case if it breaks it we also have our risk defined. Betting on wires and cables industry. I can say KEI is the must have.
FOR EDUCATIONAL PURPOSES ONLY CONSULT YOUR FINANCIAL ADVISOR BEFORE INVESTING.
Was not planning to do any deep dive research for this one, but the long term trend of ICE is too obvious to ignore.
Despite the choppy daily chart with now and then a small jump, it did grind higher and higher, decades-long.
When dealing with such a long time frame, it's important to adjust the pr-ICE to splits, dividends, and rights offerings.
And let the ...
Solana is a good project but suffers from many technical issues.
Plus, the known issues with FTX.
The sub-$20 target I set in June has been reached, so the next one is below $5.00.
I'll invest in SOL only if they solve all the problems.
Bottom reached possibly on the weekly chart. May see a retest of $6.40 in the next few days. Futures look promising for chainlink if all goes well we should see $12.80-$13 by late September or Mid October. no technicals here just pattern observations. Good luck and happy trading!
Watch out for Bitcoins direction....
The market is shaky and waiting for a big move. Everyone is waiting for 6-10K Bitcoin - I'm not so sure. I believe in Link in the long run. Looking at Bitcoin's direction, break to the upside and I go long LINK. Disclaimer - LINK is one of the coins I like to DCA into. So I will hold it even if Bitcoin start dumping.
