OMG/USDT on the previous correction manages to find support at 0.382 - 05 fibs retracement. the current price also sitting at
the same Fibonacci levels. Stoch rsi on weekly about to flip bullish. The RSI on weekly is also at circa support (44%) the last 2 #OMG corrections managed to bounce from this level. OBV on weekly still on uptrend
might need some...
Spot bags taking massive hits, didn’t see this one coming, congrats to those who did!
I didn't think we would go this low. Only added to my spot at 55k-53K zone.
I've got some spare USDT, but tbf mostly in spot bags.
My expectation was 49k50k if the level 55k was lost. Price dropped deep into monthly demand from where it bounced and we are now back to that level....
Theta/usdt start to inters me again. currently, price is consolidating within Triangle.
I like this consolidation above the Resistance. Looks bullish
I think the price will break out of this Bull Pennant soon 📈
THETA/USDT currently trading at $6.67
The ideal buy zone would be under 6.40
Invalidation point = below $5.55 daily base
These are resistance points...
On mY last update, we bought vet around the current level gave us 80%+ profit.
Now vet is back Ideal buy zone for me again scoop some hit
invalidation point (0.099)
Press play both chart intact and look where the price is finding support currently...
Invert scale #dxy chart doesn't this look textbook break and retest?
with the upcoming #dxy bearish month seasonality, I would I expect #dxy to take pause. this would give the crypto market a boost in December.
about seasonality's check out my last update.
This chart set up is over 10 year period.
VITE/BTC like this setup.
VITE been in range/accumulation mode for almost 700days + with fake breakout and fake break down. Looking at OBV we have very clear divergence ( On-Balance Volume ) somebody is accumulating while the weak ones are exiting
Invalidation point 0.00000139 SAT.
On Balance Volume (OBV)=
On Balance Volume (OBV) measures buying and selling...
#DOT/USDT vs #SAND. 👀
- Break to a new all-time high!
- rejection at 1.272 Fibonacci
- find support and consolidate between these Fibonacci’s 0.618, 0.702 and 0.786
Then the next impulse should start!
Key hier is 0.618 febonacci must hold!
Even on BTC, we see similar sat up 😊 the first market movers usually show what to come
For the rest of the...
I like the way the market is setting up here for XRP, XRP/USDT keeps repeating the same pattern + XRP hasn't really broken to a new all-time high yet still below 0.702 fibs. so plenty of room to grow.
once the dust settles expect fireworks for XRP.
And if we zoom out further on the 2-week chart we have a better clear picture of where #xrp heading...
Nothing much has changed since my previous update. We are still in the pullback/range phase of BTC the longer we are the higher it goes.
From the previous update, bitcoin did manage to bounce to 60k but fail to break the 38% Fibonacci level. Currently, 6H hour Shows us bitcoin forming a sort of double bottom scenario with RSI break+rest also TD9 on a daily. The...
Another reminder that pullbacks in bull markets are normal.
It feels like some people have already forgotten what we have seen in September. +80% run followed by -25% pullback. Loyal follows should have bought with low 30K and this dip won't hurt you unless ur overleveraged
Whether the bottom is in or not, I think we're pretty damn close.
So here on the 4H...
Leep ur eyes on PHA.
PHA/BTC tend to bounce from this level
- Falling wedge
- RSI divergence
- 0.618 fib support
if u have patience potential spike towards 0.00001632 sat+
Very risk coin manage your risk pls
US Dollar Seasonal Patterns
We usually look at charts in chronological order, day after day and year after year. These typical chart types show the price path of an asset or Index over days, weeks, months, or years and provide a lot of information for technicians to use. Yet, there is another way to view charts, and that is to look at them seasonally.
Bitcoin did bounce from the previous buy area(chart below). As I mentioned in the last update 66k area was the key resistance we needed to watch, which it could tell us if the bounce was trend continuation or just a dead cat bounce. It did end up being a dead cat bounce. However, bitcoin has not broken the Key/critical support yet, which is 58k
(A dead cat bounce...
After the mid-cycle correction, COS/USDT has retracted all the way back to 0.702 Fibonacci retracements On (log scale). since the rejection from 0.702 and downtrend line price been consolidating between 0.386 0.618 fibs. Cos did manage to break out from the downtrend line but fail to close above on a daily. this gives us a good buying opportunity. I expect cos to...
ICX after breaking the $1.34 resistance, icx been grinding up towards April high.
While printing higher high and lower within is a rising wedge pattern, the Resistance line is yet to be validated. Every dips bouncing of 0.702-0.786 fib.
A rising wedge is formed when the price consolidates between upward sloping support and resistance lines.
Here, the slope of...
so far we locked 20%+ profit on BTC pair congratz.
The key for bnb/BTC now is to flip 0.0102 sat as a support and we off
as I said on previous update November and December good bullish month for BNB/BTC
USDT pair about to print new ATH...
#Doge vs #Shiba ☝️
Shiba came to our buy zone from the previous update.
set your stops below yesterday wick. and let it ride
So far Shiba is printing a very identical move from # DOGE's previous run. Maybe one more tap to the low before the next leg up. If this pattern continues.
Below ⬇️ 0.00004790 is still a good buy opportunity in my opinion
#BTC previous plan remains the same. Unless that external factor disrupts the charts, I expect targets below on the chart to hit still.
After a break to new high price got rejected at 1.236 fibs. And just a retest Of the level in the green zone (0.618 fibs). No panic here. Don't expect a...