With BTC recovering, DOTUSDT is naturally following the market trend. Interestingly enough, the potential bounce zone is on a very important point, right at the bottom of the bullish channel. on Both Pair! Assuming that BTC will remain bullish/neutral in the near future, there's a decent probability that Holds this level and we will see more bullish price action...
Invert BTC CHART does this setup looks bearish or bullish to you? On the daily chart, the price is STILL above The black trend line but has tested it a few times. We must hold this from a psychological standpoint. Since my previous update, nothing has changed. BTC still needs to reclaim 52-53k to continue the run toward ATH in the coming months. Breakout...
XRP still looking promising... Xrp/USDT has been trading inside this triangle pattern since February this year. Recently, XRP touched the bottom of the triangle and Xrpusdt manage to bounce from it! until xrp breakout from triangle pattern expect chop price action or rejection to of the triangle but long term nothing changed 4$+ inevitable XRP/BTC Respecting...
applying Elliott Wave Theory on BTC Wave 1: In Elliott Wave Theory, wave one is rarely obvious at its inception. When the first wave of a new bull market begins, the fundamental news is almost universally negative. The previous trend is considered still strongly in force. Fundamental analysts continue to revise their earnings estimates lower; the economy...
5D chart BAND has been in the sideway channel for over 490 days in a range between 5$- 22$ while the rsi continues printing lower low. Given the fact that RSI nearly oversold and the price is currently at the bottom of the channel, I would scoop some in the red box on the chart (4.80 -5.10) Until the RSI downtrend is broken be cautious. Once it breaks expect...
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....
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...
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) Previous Update: 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. Normal chart:
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...
XRP/USDT 1D 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...
$BTC 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. A seasonal...
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...