Beanissthefunnytrader

Beanissthefunnytrader Updated 

Bitcoin has formed a descending flag . Not good at all. We have been suffering for many days and still, there are no signs of significant bullish. Consider to make a short position above $30500 Remember to trade safely Good luck

Beanissthefunnytrader Updated 

NZDUSD might go down even further. There is no sign of support around this area. The round point at $0.6 would be a great psychology of Support . Consider to make a Short order now Remember to manage your fund to avoid catastrophic loss Cheers

Beanissthefunnytrader

It seems that EURUSD downtrend has ended. The accumulation zone at $1.05 was thought to be broken but there are no sellers below this zone. After a few waiting hours, multiple buying orders had been triggered and now we are safely around $1.05. Consider making a long position. Remember to trade responsively Cheers

Beanissthefunnytrader Updated 

Although charts have formed a descending flag , my observation points out that there might be an uptrend breakout. The daily resistance (which obviously has a stronger force) has been tested 4 times already and any price. The entry point would be around 1.762 or lower - where there are many buyers waiting Remember to set stop loss, it will secure your...

Beanissthefunnytrader Updated 

The current stage of the global market is mostly a downtrend and Gold is also a victim of the recent decline. At this point, it might slightly bounce before being sucked to $1800 where there is a lot of demand. Then, the price has a high chance to fluctuate around this point before making a new move. From my analysis, Gold on the bigger timeframe is still...

Beanissthefunnytrader Updated 

Waiting for AUDUSD to get around 0.69222 makes a short order. The $0.7 support zone has become the resistance zone . Remember to always learn new knowledge Happy trading

Beanissthefunnytrader Updated 

Sol does not show any significant buying signal and might be still on a big downtrend. Currently, this pattern can be considered as a modified descending flag . It will have another small downtrend before we can make further estimation. Also always check for the status of bitcoin. The current market state is driven by bitcoin. Remember to manage risk and reward...

Beanissthefunnytrader

Tough days for many traders. Luna has been halted since yesterday and there might be no way to recover. Bitcoin, on the other hand, still proves to be the king of the hill. After long several days of a downtrend, we have seen some first signs of bullish. When the price was below $30000, a lot of money has been put into bitcoin Wait for another pullback to make...

Beanissthefunnytrader

1.052 is a daily resistance of EURUSD. We should expect a big bounce from the first touch but from the chart, there is no bounce at all. The accumulation zone has soon formed a descending flag , indicating that there will soon be a breakout. Right now is a good entry point for short but I'd wait until 1.054 to minimize the loss because it might be a false...

Beanissthefunnytrader

Oil may go up for the next few candles before it becomes the next victim of the market. Waiting for a solid signal like reversal candles or patterns to make a selling position above $104.2 Remember to trade responsibly Happy earning!

Beanissthefunnytrader Updated 

" Never catch a falling knife " is what I was always been told since the day I first come to trade. In some scenarios, experts are capable to do so with advanced technical analysis and experience. But they are experts, not me. I am still on the journey to explore trading as well as myself. As the picture above, bitcoin is in an extreme fear stage in which many...

Beanissthefunnytrader

Suffering from both Major downtrend and Minor downtrend , the strong accumulation zone around $38750 has been broken. With the new breakout, the whole cryptocurrency market looks like a bloodbath But nothing goes down forever (as things can not go up permanently), and there will be a good entry point for buyers. As you observe the chart, there is no...

Beanissthefunnytrader Updated 

Solana is currently in the dip of the supply/demand zone where I suspect there will be a rally before anything can go lower. As bitcoin is suffering from a sell-off, the best idea is to wait for a good signal before entering a long position, though sometimes things can change rapidly because we are in the most sensitive zone Observe all trading platforms, the...

Beanissthefunnytrader Updated 

How is everything, guys? I was absent for many days due to a personal issue. And when I get back, everything is really messy. Bitcoin is under huge pressure, from both decline channels. The positive sign is that we are in the accumulative zone, big enough to hold bitcoin for a while but it is hard to determine a long-term picture unless this zone has to be...

Beanissthefunnytrader

I am hoping that STEPN/GMT will make a breakout before it can go any lower. The current level is the key zone of buyers for many days. Thus, there will be not many sellers around. Cheer

Beanissthefunnytrader

A possible scenario of STEPN when the market is being controlled by the bear. On the other hand, Bitcoin is in a sensitive zone and it is hard to tell whether it will go up or down. More information is needed to make a good conclusion. Please Elon makes a tweet on Bitcoin :D Good Luck

Beanissthefunnytrader

Two possible scenarios for APE. Link to my long-term APE analysis below Good luck

Beanissthefunnytrader

There is a huge and stable downtrend in APE. With such powerful force, sooner or later, APE will go below $10.7 This resistance has been tested many times and it can not hold any longer. While bitcoin is still bearish, any buying signal on APE is extremely risky. I have a smaller timeframe analysis a few days ago. The small uptrend of APE has been broken and...