Reaction of 100DMA and acceptance of 200DMA is bullish! Holding above 230$ gives BNB a chance to attack higher prices. You have to go step by step, holding above $250 is potentially a change on this chart. A lot of them forgot about this coin, but when it's Ethereum's turn, BNB will follow.
In the analysis below we said that we are waiting for a correction. VAL (99.5$) if we keep this zone, the chances for going long are high Next zone for long 91$ link since the last analysis
Near has been showing strength in the last couple of days. Here are two scenarios I see: Rejection of 1,555, hold above 1,177 and continuation up(200MDA + 100MDA) Do not do anything below that price Target : 2.835 - 6 Continuation of growth to 2,344, return to the maximum to 1,613 and continuation up Target : 6 The trend change is also shown on OBV. In...
Somehow we managed to find support just below $68 and guaranteed divergence on daily and weekly (bullish hidden divergence) For further confirmations of growth, like last time, the price of $77 and $80 is important. The 50weekly MA, 200 Daily Ma encounter very strong resistance, so be careful.
Hi Traders! USDCAD has come a long way down since the 3-month trendline break, and there is a possibility that the pair is oversold. Here are the details: After the trendline break, the market had an aggressive push down and has looked to have consolidated around the 1.33498 level, which is now the support area. If there is a hold above here, the market is...
On the first marked candlestick you can see how the volume was high and the price closed (red) immediately followed by a return big candle with strong volume (the bulls defended). Then they try again and fail. Here's the reason why i hunted low wick today after the news. I expect this time we break the 200 DMA and test $83
After the analysis and possible scenarios I posted here: The two zones that I tolerate everything for long are here. I expect to test Moving average again and we will get the final result. Another secondary scenario is that there is a recovery, and to new low levels
in the analysis below I have shown two scenarios that I see (the link will be in the description) rejection from 2.2 or continuation of filling all levels up to 3.35. Since the second scenario happened, I expect a slight cooling to at least 2.7, and if it is risky to short the upward trend, Daily divergence on RSI is displayed and at 4H it is already taking...
Above 31500 cannot be bearish. A 4h triple divergence appears and can be used for quick entry and exit. It's up to you which leverage you use. Not financial advice, but simply my ongoing trade 30750 entry
In the last analysis, we expected 108 final peak, but also below the level of 106,200 is bearish. With what we see now, we got a new weekly level and currently higher probabilities show that we are going into a correction. Things to watch eurusd and spx primarily. Closing above this level cancels this setup. You can check below my opinion about DXY
After showing a weakening, profit was taken at $92 and I'm ready to jump in if the setup shows something bullish. The red rectangle shows where the orders are and that the price failed to close above and therefore we got a new weekly level. These are the two probabilities I'm looking at, which give the same result for LONG. The Techniques Below I am looking...
BTC broke out of the accumulation and showed an aggressive way up. This was to be expected. Now I see three scenarios: 1. A further compression and reaching the range of 32-34 thousands, from which the sales can go and put BTC into accumulation, gain strength and continue moving up with the targets ~$40k. 2. A retest of the breakout level, where BTC showed...
BYBIT:ETHUSDT 4H time frame - ETH formed an inverse HS after breaking out 1686, it is on the path of retest, so we can long it if retest the downtrend line and support confirm(~1655). Also, we use XABCD to judge the trend since previous high point 2029.4, then predict the potential reverse area around 1950~1990. So just be careful or try to open short if ETH...
Showing me the same setup as the other major coins. Don't fight Wyckoff. The best of the best follows Wyckoff. Should you?
Ethereum: After testing support of 3000 multiple times , Ethereum is getting ready for testing the intraday resistance of 3200. My intraday target for ethereum is 3200 while 3500 is my target for this week. Key levels for this week are 3000, 3200 and 3500. If you like this or if you think the opposite of this or if there is any other opinion, mention it in the...
We are going long with our second chance. The last time we were stopped out by trailing stop which resulted in a very little profit.