KSM is in quite the range right now and if we don't get back above $246 soon we could be looking forward to alot of pain on this coin in the future. The bulls most hold the 0.886 as support and if it it fails then the only remaining place to go would be the 1.13 all the way down at $2.07 I lean mostly bearish on this one until it proves itself.
If we bearishly reverse here and make yet another lower high we could see Bitcoin break below $28,000 and go all the way down to the daily support levels of $24,000 and $19,000
Now that Elon & Jack had "the talk" and price jumped 6.5% as of writing, lets look at the charts and review the bullish case. I've first shared the volume profile analysis back in July 8th. At the time i published this analysis 134.000 or an extrapolated $18.76 Billion worth of Bitcoin was sold. Note that the number of Bitcoins are JUST Binance numbers. We...
Hi Bitcoiners, Today, i want to take a look at P&F chart as it filters out most of the noise in price action. Notice how the volume was lower during the rally at the same price than our current volume. This alone indicates whales and institutions are net selling, each day, slowly. But, let's say we are in accumulation and we will go up. Then here is the list...
Yes, we are inside a range, and it is pretty easy to trade ranges: Buy near 51.87, sell near 64.95. I like to trade ranges because the stop-loss are always so small, and the potential reward are always great. Now, AMC might hit the 64.95 again. The breakpoint is the 60.23, once broken, this will lead AMC to the upper level of this congestion. The 20ma is...
What's next? Do you think a Wyckoff spring is coming?
BITCOIN reach the bottom of range trading with a bearish trend and may break range trading.
RSI is Moderately oversold at the bottom of a trading range i will be making a small bet that we will rise a little bit from here.
Hello traders and investors! Let’s see how Tesla is doing today! First, yes, we have an accumulation around, and Tesla is trading inside a range between the two black lines. Only a breakout from any of these lines will tell us what Tesla will do next . It seems the $ 571 is a support in the short-term, while the $ 635 is another resistance. But the daily...
there is a flag patter near the top of range trading and it may break both of them ( flag and range). otherwise it will go down after hit the top.
We see a clear trading range here for PLTR. If you exclude the extreme pop due to wall street bets it is pretty much trading inside the channel. Until we see a clear break from this trend we can assume it will continue.
Now the situation is getting clearer on NIO to me. I see a consolidation between the 42.34 and the 40.89. To the side it breaks, we’ll see a good movement next. If NIO breaks the upper line, then the 46 is the next stop. If NIO breaks downwards, then the 20ma is the target. It seems simple enough to me, but it is not over yet! The problem is the RSI. We have...
For those new to trading or Crypto welcome to the big show. These moves are normal and happen more often than we would like. If caught on the wrong side these moments aren't fun, however its these same moves that have provided so much opportunity for great buys that have grown funds and changed many lives. Congrats if you didn't panic and bought yesterday's...
As depicted by the chart I have created, BTC finds itself in 3 macro trading ranges. Each range should be approcahed differently. BTC is currently entering the oversold region of the chart, signalling that it is time to accumlate. BTC's fundamentals remain strong with continuous news of insitutional adoption. Weak hands that sell in the days to come will be...
Hello traders and investors! Ok, NIO behaved exactly as we thought it would, and it did the “worst-case scenario” we discussed last week. The link to the previous analysis is below, as usual. In the 1h chart, it lost our previous support level at $ 37.54, and this made NIO just seek the next support, at $ 34.85 area. In addition, NIO is in a short-term bear...
Hi all, XRP is looking quite interesting recently, now nearing its first serious area of resistance on the daily chart since it started moving upwards a few weeks back. If we see a break above the $0.57-$0.60 zone we could expect another run up to the YTD high, which is located at 32% from where the price is situated now and 25% from the upper boundary of the...
Hello traders and investors! Let’s see how AAPL is doing today! Since my last analysis, AAPL has been accumulating in the range between the red line at $ 136 and the black line at $ 137.98, and as long AAPL keeps there nothing interesting will happen. The link to my last analysis is below, as usual. But even if Apple loses the red line, we have some...
We could see a bounce from the low end of the range or we could see a break to the downside which could offer lower timeframe shorts.