That's itHi everyone,
We are still in a wedge for Bitcoin. We took out the liquidity that resided above the last swing high, and right now the price is showing rejection, which is creating a new high, with liquidity that resides above it too.
In the following days, we might /witness some red days, which will make retail enter short, then test the 0.68 Fib level. After that, we might break above the resistance shown, retest, and then reach the 27,750 level.
In summary, we are going to see a move to the downside (short-term), then to the upside (mid-term), and finally continue our long-term downtrend.
Up
vgx/usdVGX going To run so says a famous guru. Things are trending down but will watch and see what miracles happen.
GMT | Possible cup with handle patternAs you can see, GMT after a very hard drop is trying to recover and appears to be inside this triangle where a cup with handle pattern is visible. If it holds the critical 0.83 level and bitcoin fails to drop below the local bottom, we could see GMT break this triangle up and point towards $1.50 again.
SHIB Triangle Waiting for Shib to make a move out of this triangle... I'm positioned for UP, but we never know.
I'm not so confident about the Fibonacci yet, so don't take this too seriously.. I'm actually just half concentrated about this chart, but I figure if I can contribute something to the people, I prefer that rather than nothing... I think..
God bless yall, stay safe out there.. These are shark waters. And if you take this trade, you should wait for retest to get it, that means, wait for price to get out of the triangle, and if there's a sharp move, wait for price to come back sharply to retest, and get in there.. If it starts moving the other direction too much, then either change your direction, or let the trade go...
Sorry that I'm not more confident, I will do better next time.
I want to give props to Sheldon at Brypto Banter for teaching me some basics through his videos... Do a search on youtube for him.
Stay safe, be careful.
Best regards,
ThomChris
ONE to support them all!!
Out of extreme confidence that the worse has passed over the last 8 weeks (This long of a period is making me feel like Tom Hanks on Cast Away). I think both NEAR and ONE have a trully bullish 2022 ahead of themselves. The possibility to buy these tokens this cheap is nothing short of criminal. Both count with VC's that despite Macro rout are funding the projects at 100mn+$
Very good R/R at these levels and my speculative self is not expecting it to even linger around the Wiggle Wiggle range.
#Long #Bullish #GREATIMESAHEAD
SOL will going Bullish and it will reach 87$as we can see the price now is under the Point of Control from the Volume profile, and out the Value area, and from the stochastic RSI there is a clear uptrend and both line of MACD are crossed under, and always there is a bullish when we see these 3 signs, for me I'll take the profit in 2 %
XRP/USDT(12H)drop to 0.5/??/This is one of the currencies that I hate, because it has always challenged me AND I also welcome anything that challenges me.
In the long run we have a static support area between the price of 0.54 / 0.64 which is very powerful.
My view is that the price will probably drop to 0.63/////Existence of purchase demand at this point will be approved
But sleeping the price below 0.5 is far from the mind, but seeing these points is not far from the mind.
Of course, in the current situation, the whole market has a great impac t on the news Especially the news of the war
In general, I do not expect the market to move upwards and this currency in these 15 days ///I mean the valid failure of dynamic resistance
SILVER SI1! Bullish Elliott Wave long term analysis
A perfect EWcount for the start of a long term bullish W 3,3,3
All Macd´s cross were for wave 1 end and the beginning of a wave 2.
All waves 1 were either 0,382 or 0,618 of the 5 waves formed to complete the wave 1 of next degree.
The charts speaks for itself!!!
good luck!