BallsOfSteel32

BallsOfSteel32

Im posting this idea because the formation the price action is making is a rising wedge. This shape has a bias toward breaking down and forming new lows. In this case, the 50 simple moving average has managed to stay above the 100 simple moving average and the price has managed to hold above the 50 simple moving average. RSI is only 48 at time of publishing on...

BallsOfSteel32

Bitcoin is currently trading within a Descending Broadening Wedge that appears to be completing and ready to flip bullish. RSI is 51 at time of publishing. Price action fell through the 50 sma and then recovered at the 100 sma. It then temporarily lost the 100 sma and recovered it. PA is currently sitting on the .5 extension. The bottom of the price action...

BallsOfSteel32

From BTC low to swing high (88,700 to 99,800) we have had a perfect breakdown through the fibs all the way down to a perfect body close on the .786. The price action dipped below the 100 sma for a short period and quickly recovered this level. Price is currently trading above the .5 fib retracement level. RSI is 49 at time of publishing and trending upward...

BallsOfSteel32

LItecoin, the original altcoin, is flipping resistance to support on the H4 chart. Currently, the price is testing an area for support. If the price bounces, we may get another impulse. RSI is 62 at time of publishing. target would be the 1.618 of the previous high swing low aroun 109 dollars. Not financial advice. Do your own DD. Thanks for viewing the idea.

BallsOfSteel32

Looking for a long to the 1.618 off the recent high swing low. PA is trying to break H4 structure to the north. Price action is trading above the 50 sma. Price is currently trading above H4 resistance. roughly 25% return if doge can squeak out 50 cents. Green line is my entry. Stoploss is around .389000 NFA, Do your own DD. Thanks for viewing the idea.

BallsOfSteel32

BTC is currently trading above a major daily trend that goes back to January of 2024. The trend cuts the bearish and bullish action in half. That line is about to flip back into bullish territory. This spells major gains for btc in my opinion. There will be a H4 updated following with the smaller trend playing with the larger trend.

BallsOfSteel32

Eos is currently breaking out to the upside of a H4 bull flag/ bull pennant formation. The rsi is 58 at time of publishing. Target for the long is the 1.618 extension or better of the previous high swing low. The H4 50 sma is running along support and is a good indicator that this area is the bottom of the tokens range. Not financial advice. Do your own...

BallsOfSteel32

Link is currently breaking out of weekly structure and retesting it at time of publishing. RSI is nuetral at 52. Price action is caught between the 50 sma and the old resistance. If the PA holds at this level, we could have some major moves. NFA, do your own DD. Thanks for looking at the idea.

BallsOfSteel32

Cardano is about to experience a weekly 50-150 simple moving average cross. This is coming off the back of a strong week for the alt coin. The RSI is 60 at time of publishing. The token has corrected so far to the .236. Anything close to the 50 sma is a good buy for longs in my opinion. Targets are market with green horizontal lines and are fib extensions...

BallsOfSteel32

Gala is currently experiencing a 50-150 simple moving average on the daily time frame. This is a bullish signal for the gamefi token that has already been rallying for the last recent week. RSI is about to leave nuetral territory at time of publishing. Targets are horizontal lines above taken from fib extensions of the previous high swing low. Not financial...

BallsOfSteel32 Updated 

BTC has managed to hold above a rising resistance that was currently dictating the price action. There are roughly two daily bars before we meet this trend again while being above it. The rising wedge broke to the upside, so my bias for this trade is long. RSI is 72 at time of publishing. Long targets are 77,800 first, and then 84,600. These is the 1.618...

BallsOfSteel32 Updated 

ADA is approaching its 50 sma on the hourly chart. this could be a good buy area for a long set up as the 50 sma will be coinciding with the nearest support. Targets above are the 1.618 and 2.618 extension of the previous high swing low. RSI is 52 at time of publishing. Impulse has already corrected beyond the .236 and may be enough for a new continuation...

BallsOfSteel32 Updated 

BTC cup and Handle similar to '19 structure. Handle would line up with the fib levels and the next major support below. Keep an eye on this. NFA do your own DD Novice trader here.

BallsOfSteel32 Updated 

Textbook bullflag for pepe/usd on the weekly chart. Not too much else to say. Breakout would like occur between 4th quarter this year and 1st quarter of next year. NFA Do your own DD. Thanks for looking at the idea.

BallsOfSteel32

PEPE/USD is currently breaking above a local resistance. it is currently sitting on top of the .236 retrace level. The .382 will also line up with the 150 simple moving average. Another key level to watch for for the price the turn is the .382, the second rectangle shown on the chart. These rectangles are areas to monitor on the intraday timeframe to look for...

BallsOfSteel32 Updated 

The last weekly close and open for BTC have broken the overall weekly structure of consolidation. A weekly close above the support would confirm this. Things are looking good for BTC in the bigger picture. Hold on to your hats, we have a year of volatility coming to us. Not financial advice. Do your own DD. Thanks for looking at the idea.

BallsOfSteel32

LTC is about to have its 50 sma cross its 150 sma on the daily chart. This is occuring during the rebound of the price action from a support trend line in a rising channel. The price has recently bounced off support at the $64 level. RSI is 44 and turning upward. BTC has overtaken its resistance also on the daily chart. A rising tide lifts all boats. Not...

BallsOfSteel32

BTC/USD on the H4 chart is currently forming a bull pennant between a descending resistance and a horizontal support. The stochastic RSI is ready to swing back after a little more pullback. Targets for the trade are the 2.236 and the 2.618 extensions of the previous high swing low. Targets marked with white horizontal lines. Not financial advice. Do your own...