About meA beginner trader mainly focused on crypto and stocks. I try to be active on at least a weekly basis, learning new technical analysis techniques or just chatting sharing ideas.
ALXvirtual / ALXtrading: https://linktr.ee/alxtrading | Kinda absent ATM trying out 3Commas trading bots. Started focusing on Forex and Crypto since november 2020. Learning Technical Analysis the hard way.
Here's my go on the long-term analysis for Bitcoin looking ahead 3-5 years. Don't consider this as financial advice, I solely engaged on this analysis to get insights on my personal exit strategy
What I've done here are some simple calculations and multiplied them at the areas where the trend looked similar to the trend at the end of 2017.
For me a multiplier of...
- The 50 & 200 MA are joining again
- There's lots of room to grow
- We have touched a strong support at 0.0923 price level
- Three new high lows have formed since the 0.0923 price level
This is the time to buy UNI
Hey guys! Here's my go on the next bull-cycle for Bitcoin.
According to historical data, the 2017 bull-run also had multiple cycles (4, I believe). With each bull-cycle skyrocketing bitcoin prices.
What we've seen so far 2020 and 2021 have had two strong bull-cycles already, and we are in a consolidation fase right now. On this...
Support and Resistance
Based on the downtrend of the last few days I've extrapolated the zones to where we might see potential bullish trend.
Trend went above to FIB level 0.382 today, then retraced to around 0.04231.
As of today we're seeing higher lows again. This could mean a trend reversal. If look at the previous 12345 wave going...
FX:EURGBP seems to be leaving the bearish channel. We can see multiple signals that confirm there's a possible trend reversal coming up, leaning to bullish:
1. The chart retested the strong support area around 0.8866
2. There's two higher lows (HL) a third one would me the confirmation even stronger
3. The chart is grinding the...
Trying out new indicators on the game-industry focused Wink Token vs the popular Binance Coin. As of october 16th 2020 this token seems to have shifted to a clear uptrend, which hasn't been broken yet.
Right now the price is grinding the lower bollinger band which could mean a buy indicator.
The RSI shows an aggressive oversold...
We could see a breakout above the wedge or a continuation. We should wait for the right moment to enter our trade.
I have identified this is a Broadening Wedge pattern which can give us the following opportunities:
If it breaks above the daily with 1 or 2 positive closing candle sticks above the upper trend line, we could see a breakout.