XRP has been trading inside a consolidating pattern since the massive pump at the height of the 2017-2018 bull-market. During this time, the price has made higher-lows and lower-highs, forming a triangle pattern, which I classify as a bull-flag since it has been formed directly after the 7,000x in 2017. This huge pattern will explode at some point in 2024, with...
SAND has been trading below this bearish resistance line for well over 1.5 years. With the market going up in general, is it finally time for this token to break out? I'm waiting for SAND to close a daily candle above 0.47, stop below the most recent swing low, target at 1.48. This way we can construct a very decent swing trade with a risk-reward of ~12.5. Time...
Rising wedges are classically bearish trading patterns, but can often break bullish during strong trends (same goes for falling wedges during bearish trends). As of yesterday, BTC has officially broken out of the rising wedge pattern that has been formed over 1.5 years. Bears have been looking at the pattern for a long time now, but are likely wrong on this...
BALUSDT was trading under declining trendline and recently it seems like the sellers are bit exhausted then bulls took the charge and break through declining trendline. Currently the price has given the breakout from falling trendline and now forming a local support around 3.6 region. Will the bulls take charge again continue for leg higher?
MED/KRW - Upbit TP#1 37.10 - 14Days TP#2 110-130 - 50Days TP#3 280 - 60Days-80Days
The weekly performance of EURONEXT:ALGO appears incredibly bullish, hinting at an impending monumental candlestick. The upward momentum seems poised to create an epic surge in value, reflecting robust market sentiment. This promising trend suggests significant growth potential, fueling anticipation for a remarkable and influential market movement in the near...
MAGICUSDT is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is also the healthy retracement and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH What you guys think of this idea ?
Execuse me! In short, a bearish shape emerges on the bitcoin chart. It is very important that an RSI divergence develops between the exchange rate and the RSI. I am attaching the picture below. Always do your own analysis. NOT INVESTMENT ADVICE R3NCSO
Over the last few week's I've been continuously posting bullish analyses with a 2023 target of 40,000$. However, this fractal might suggest that we can reach even higher than that, maybe even 50,000$? The fractal is simple, a low-volatility bullish channel (higher-highs and higher-lows) after a big pump. The previous two times that this has happened, a big pump...
Over the last couple of week's I've been very bullish on the market. My 40.000 thesis for this year is still my personal most likely scenario, but that doesn't mean that we can't look at the market from a more bearish perspective. So, in this analysis I want to take a look at a bearish Bitcoin scenario that might be playing out at the moment. Bitcoin might be...
| NMRUSDT | LONG @ 15.7 - 16 | TP @ 16.1, 16.2, 16.3, 16.4, 16.5 | SL @ 14.5 | PATTERN = SYMMETRICAL TRIANGLE BREAKOUT | BINANCE | Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes...
Howdy fellas, We spent just over a week at the farm so I wasn't able to check much as we dont have internet there. Soon I will be testing Musk's starlink device, and I'll be really happy if that works out! Anyway, I was happy to see that no movement really happened and I didn't miss much. Looks like a lot of chop on lower timeframes while the weekly gathers...
BTC made a new yearly high 2 days ago, but has yet again failed to keep the gains (for now). The 38.000$ area is a very strongly defended area by the bears, which has resulted in an extremely choppy market for nearly a month at this point. Longer-term oscillators like the RSI and Stochastic are still oversold, so it might be that the bulls are just waiting for...
Hi all. Timeframe 3D. BLZ is in the local downlink, globally forms a triangle. Depending on your type of trading, you can: 1. dial to the spot now 2. trading in a downstream channel 3. trading on the breakdown/retest of the downstream channel 4. trading on the breakdown / retest of the triangle resistance - a change in the trend to an upward one. All profit.
== A trading strategy is needed to stabilize the psychological state. == Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (USDT chart) A very long upper tail was created on November 8th. Then, the gap continues to rise. I believe that this...
Binance and its CEO ‘CZ’ plead guilty to federal charges and agreed to pay $4.3B in fines. But that`s not all! The crypto market is facing increased scrutiny as part of an agreement between Binance's CEO, CZ, and the U.S. Securities and Exchange Commission (SEC). This agreement grants the SEC unprecedented access to Binance's comprehensive records, shedding...
INJUSDT will move towards the purple area before a correction. Take profit is within that area! Buy later on the blue lines.