ADAUSDT is looking oversold on the weekly chart, with the FSVZO indicator signaling a bullish divergence, Trend Intensity Exhaustion signaling a long entry, Amazing Oscillator on the verge of turning bullish, and the crypto seasonality being Uptober, it is safe to say that the probabilities of ADAUSDT rising over the next few weeks is highly likely
The price of Bitcoin has entered the 4-hour Imbalance zone, as we warned in all our recent ideas. Consequently, the price has broken above the global descending trendline and moved out of the previous price range. This BTC rally is associated with a significant accumulation of short positions, with the total volume of shorts reaching up to 85% compared to longs....
As October arrives, crypto enthusiasts and traders are gearing up for what has affectionately become known as "Uptober." Historically, October has proven to be a pivotal month for Bitcoin and the broader cryptocurrency market, with significant price movements and market-shaping events. In this article, we'll explore the historical context of Uptober, examine...
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Welcome to this quick BTC update. I'm keeping it very short and simple here.
BTC is trading inside a symmetrical triangle in 4hr time frame where breakout or breakdown will decide the next move. IMO this consolidation will be over in the next 2-3days.
The plan is...
Litecoin has made a clear break back above the key 200 USD level, and now we’re looking for bullish pressure to continue above the $300 level.
Upside Target: 320
Violated Below: 190
A personal favorite of mine, which I believe has long-term potential (a discussion for another time). ALICE 2H time frame. A few days ago I made approx. 20% on this coin, but took profits when I saw the early formation of this triangle.
If the price breaks out, then enter a long position.
Targets:
Target 1 - 14.47$
Target 2 - 14.80$
Target 3 - 15.23$
Target 4 -...
My bearish bias has dwindled significantly with this breakout
Definitely more comfortable with this bullishness than previous 50k breakout since the previous 50K breakout had more reason to be a bull trap than an actual breakout.
I was expecting a drop lower to previous support at the previous 36k area but because BTC created a new support at 40k way above 36k ,...
After a brief retraction, the ADA chart formed a bull flag which most likely will continue the uptrend phase.
Therefore, I would recommend entering a long position when the price breaks the bull flag.
Profit levels:
Target 1 - 2.44$
Target 2 - 2.58$
Target 3 - 2.79$
Target 4 - 2.96$
