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Tothemoon!!!

Levels to keep an eye on! As DOGE goes into uptrend.My previous rule was in play for the downtrend line it recently broke upwards through, so it's no longer in play, but it still can give some resistance. The resistance levels to look for during its climb will be approximately be (the MA numbers will change as the price moves): 50 day moving avg $0.0352 61.8% fib $0.0373 100 day moving avg $0.0380 Then it would climb up to $0.0469 which is the 50% fib of the entire rally, and past that... it would go to the moon :)
Long
by RossJohnson
5
Flick The Chart ! Ethereum & Bitcoin After yesterday's crazy 900% gain for dogecoin? Why hasn't Etherum & Btc Moon yet? Well get ready folks, I predict the next few weeks are going to be a rocky ride, so flick the chart. Their reason is no valid reason why BTC isn't at $60000 or Etherum at least $15000 yes $15000 for Etherum. These two coins just proved to the world how powerful they really are to the world when RobinHood Halted Trading because, on Wall Street Bets, we all witnessed who really manipulates the markets. Get ready because these same hedge funds that lost money are going to be pulling out all the stops in the next few weeks in an attempt to short bitcoin . But Bitcoin and Etherum are going to the moon. Just my 2 cents :)
Long
by k416bitcoin
$GME is going to $500Contextual immersion trading strategy idea. GameStop Corp. operates as a multichannel video game, consumer electronics, and collectibles retailer in the United States, Canada, Australia, and Europe. The demand for shares of the company still looks higher than the supply. I think the short squeeze will continue, thanks wallstreetbets. Short interest over 100% and free money from FED are not a joke. So I opened a long position from $220; stop-loss — $80. take-profit — $500. Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas. Thanks for being with me!
NYSE:GMELong
by KozakHlib
4
BTC price is preparing for the big move!Hello, dear subscribers! Today we are going to talk about the warning sign which the market gave to us. The Bitcoin price is going to form the big descending triangle. We can identify clearly three points at the upper and lower bands. Now the price is next to the lower band level. If the price is able to bounce off it we can see the upward move to the upper band. Here are two significant reasons that it will be very difficult to continue the growth in the short run. First of all is the R1 pivot level rejection of $33000. This level was a very significant support level and now it is resistance. The second case is that the price always bounced off the 150 EMA line on the 4 hours timeframe during the last 4 months bullish rally, but now it is below this line and was rejected twice. Also we can see that the volume have been decreasing during the triangle's formation and now it is really low. It is the sign that the big price move for the Bitcoin is upcoming. The negative scenario is the possible testing of the CPR level of $25000. Please be very careful! DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
by Skyrexio
8
Warning! BTC Potential Price LevelsHello, dear subscribers! The Bitcoin dumped today significantly. Today we are going to estimate global targets for the pessimistic scenario for the Bitcoin. First of all take a look at the all bullish rally since October 2020. We can notice that during corrections the price always found support at the 30-day EMA. Now the price clearly broke this line down. This is the first bearish sign. The big symmetric triangle which started to form at the beginning of January 2020 was broken down today with a huge red candle. Now let's consider the potential levels for the BTC. The monthly CPR level ($33000) was broken today. The next strong support is the $33000 level because the price found multiple rejection here, also it coincides with 1.61 global Fibonacci retracement level since 2017 year bull run. If the price is able to break this level down the next target is monthly CPR ($25300). The last dump level is the symmetric triangle's breakout target which corresponds to it's height. This level is $21400 which exactly coincides with monthly S1 level. DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
by Skyrexio
Three Possible BTC Price Move ScenariosHello, dear subscriber! Let's consider possible scenarios for the BTC price action. Now we can see that the triangle formation is almost completed. It means that the big move for Bitcoin is upcoming. The most positive scenario 1 (green arrow) implies that the price will break through the triangle's upper line at the first significant point on the chart at $38400. This is indefinite area and we are going to close long position here. If the price is able clearly break through this level we can see the price growth to ATH ($42000). According to triangle pattern theory the maximum growth can be up to the $50000, but there will be difficulties to close above the ATH. Scenario 2 (blue arrow). Triangle patterns rarely end before the complete formation. As a result, after reaching the $38400 (upper line of triangle) we can see a pullback to the lower band. Scenario 3 (red arrow). What can be if the price is able to break down the triangle? The triangle's lower band coincides with the global uptrend support line. If the price break this level down it is the bearish sign, we can see the $30000 level of significant support. The maximun decline can be equal the triangle's height which corresponds to $22000. Another one important thing is that the Bitcoin dominance is increasing now after last week decline. It means that the money is accumulated in BTC now, which can be the significant evidence for the future price pump. DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
by Skyrexio
2
Will Bitcoin Bullish Rally Continue?Hello, dear subscribers! Let's take a look at current Bitcoin price action. We can see that the Head and Shoulders bearish scenario was cancelled becauce the neckline area was not broken. There was also the danger of dead cat bounce scenario that could means the end of bullish rally but the price was able to find support above the 61% Fibonacci level according to swing high and low. This bearish scenario was also cancelled. Now we can see that the price faced with the rejection exactly at the 78% Fib level but it is normal situation. If the price break through the 78% Fib the next rejection will be at ATH level, but now according to this analysis we can see that there is a high probability of bullish rally continuation and we can see the $44600 (R3 monthly level) during next week.
Long
by Skyrexio
4
SNX (Synthetix) Is Going Parabolic Although the crypto market has been pulling back, SNX has been heading ever higher! The coin is already up by more than 100% in 2021, and this may be just the beginning! SNX Momentum According to Nicolas Darvas, the writer of the famous book "How I Made $2,000,000 in the Stock Market", the stocks that are the most resilient in bear markets, and that even try to push up, are usually due to experience strong growth when the bear market is over. We can apply this theory to cryptocurrencies as well. The coins least affected by the bear market and those that recover quickly will probably boom in the bull market. SNX currently fulfills these criteria as the crypto market took a hit early this week, but the token has already recovered and made new all-time highs! Watch The Volatility If you decide to enter SNX (or you are already long), then it is essential to note that the volatility has increased strongly in 2021, as portrayed by the ATR. The Average True Range (ATR) is a volatility indicator. Many traders use the ATR as a trailing stop loss; for example, they may place their stop loss at two times the ATR. So if you buy SNX at $15, and the ATR has a value of $1.88, then your stop loss would be at $15 - (2*$1.88) = $11.24. On January 1st, the ATR value was $0.88, while today, the ATR value more than doubled at $1.88. Even if you don't use the ATR as a trailing stop loss, you can use it to judge how volatile the market is and whether you should make your stop loss wider or narrower.
Long
by cryptohopper
Is the BTC Price CRASH Imminent ?Hello, dear subscribers! Today there was 20% dump in Bitcoin price. We will try to understand is this is correction or begiining of a huge crash. We can see that yesterday the price formed the symmetric triangle which was broken down. This is a clear bearish sign and we saw the natural dump after that. The price tested twice the R2 level of $37000, second time it was able to break it down too. In a few hours price reached the R1 level of $32900 and bounced off it. Now it is testing this level again. As a result we have 2 possible scenarios. The first one is the R1 level breakout, it means the possible crash to the $25200 of CPR level. The second one is the second bounce off this level. In that case the price should form the double bottom pattern. Only if this pattern would be formed we can speak about bullish pressure dominance and new ATH in the nearest future. Also we should take in account that now price was influenced by 20% correction which is normal during BTC price rally since September. DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
by Skyrexio
2
EDUCATION: Logarithm Growth Curve Hello, dear subscribers! Today we are going to examine very simple and intersting instrument which is applicable for the global price movement analysis. The logarithm growth curve is based on Fibonacchi retracement levels. As it is known the Fib retracement based on swing high and low levels. But in case of growth curve we use the logarithm scale to take in account the periods of the fast growth (to the moon periods). The price usually faces with difficulties to break through the Fibonacci levels. We can notice massive pullbacks near these levels or the price growth in cases of breakouts. Let's consider the current situation on the Bitcoin market. There is a rejection of 50% Fibonacci level. Now we should observe if the price break through this level or the drop began now. If the first scenario occurs we can see a massive growth to 61% or 100% Fibonacci levels. DISCLAMER: Information is provided only for the educational purposes and should not be used to take action in the markets.
BITSTAMP:BTCUSDEducation
by Skyrexio
6