MATIC is my longterm favorite Cryptocurrency, its a strong ETH scaling solution and it recently released the zkEVM rollups for devs, which is very good for Matic! Matic ATH is @2.80$ so we got much room to the upside from here! The bottom was at 0.28$ so that would be an exactly from the bottom! Matic is in a strong uptrend and is right now breaking above a...
I were 2 weeks on Ibiza and so much stuff happened! BTC broke out of a massive triangel and got a pump all the way up to abt 24250 dollars! The bulls are currently fighting for the very crucial 23k level (blue horizontal line), this resistance will decide the BTC price action in the next week. We yesterday got a confirmed breakdown of our rising wedge (yellow...
BTC had a confirmed breakout out of this falling wedge and reached the target. The RSI is way to high and the momentum with that Bitcoin is gaining is way to fast. I think this is a planned trap to liquidate people who will open up a long position out of FOMO. We are also running into some resistance, so a cooldown to 20k is very likely. have a good evening!
Quick Update for my GOLD trade. I made post about a short GOLD trade at 1805 dollars and we went all the way down to 1730 dollars! The target is at around 1700 to 1715 dollars but we might get a little consolidation phase right now. The strong US Dollar is causing GOLD to be very weak and also the fear in the markets is a high pressure for GOLD. But GOLD is right...
EUR/USD pair soon might reach parity! The inflation is in the US higher than in Europe but the USD is still stronger then the EUR. Since last year, there is a massive downtrend in this pair, its down 15%! The EURO is a important currency for trading with countrys like Germany or France in Europe and prices would be a lot higher for products from the US. The EZB...
The fed had raised the interest for the us market by 0.5 percent, which is a very large amount, although it was expected very high it had a huge impact on the market, Gold fell because investors want to have minimal risk and sell their Gold to invest their money in interest. Gold slowly started distancing from the 2k mark in April and formed a big falling wedge,...
BTC formed a bearish descending wedge, which broke down, we already retested the support, and didnt got it. The target is at around 26.5k. This would mean that BTC would probably close under 30k next monday, so BTC would probably go into a big bear market and retest 18-20k. The volume is also going up so we get this short trade confirmed. good luck and a nice weekend!
Bitcoin is currently fighting with the 30k level, if we see a 30k BTC this monday, I would be very bullish. We need a weekly close above 30k, now the bulls and the bears are fighting each other close around 30k. We right now see a reverse pattern forming, its an inverse head and shoulders pattern. This is a very bullish pattern and we are right now seeing BTC...
Hello guys! Few days ago I opened a long position because of the inverse head and shoulders. I really wanted to close it but then I bought some more and now I got a good dca and im in profit! In this post I wanna show you the next big pattern, that is currently playing out! As you can see, we formed a falling wedge, which is very bullish. We got a big juicy...
Ethereum has formed a head and shoulders and already broke down from it, the target is 1k!
BTC had risen to 20k in the last bullmarket, this bullmarket is definitely different, with institutons and a lot of retail investors and big events like covid or the war, but the power has come to an end. BTC tried to get up again after the first test of 60k, but dropped again, a double top. After this we formed a sideways wedge and now we exited it, to the...
The correcture we saw in the last weeks, has continued. Many people thought we reached the bottom (based on trading volume and big wales buying), but the correcture is continuing. The inflation is making pressure on BTC, which is only fear, because BTC is deflationary. For the longterm I think, investors will buy again and understand that BTC is a good save...
The Bitcoin boi is back guys! Recently we saw a slow correction, many ppl say its the end of the bullrun, but I think with high inflation going on and more countries accepting Bitcoin, we could see a break above 50k. This falling wedge could help BTC reach the zone shortly below 50k again and try to break it. If we break it a run to 65k would happen in my...
Palladium gained 40 percent this week! A high amount of Palladium comes from russia, that means the amount that can be sold is falling dramatically, good for the price! Palladium formed a crazy parabolic curve and even broke above main resistance! Palladium needs a healthy correcture! I think a retest of 3k will happen in the next few days, the volatility is very...
GAS confrimed a nice 4h breakout with high targets. The price is aiming for the 5.50 dollar mark. The war is getting more dangerous and the European President Christine Lagarde is seeking for a import ban of GAS out of Russia. Take profit: 5.50 stop loss: 4.90 As always, this is no financial advice! Do your own research. Have a nice Monday!
Gold broke through long term resistance, because of ukraine conflict. Gold is forming a rising wedge, with a target of 2.4k, Gold is often known as a save haven in crisis. The volatility index also had a breakout, which underlines the market fear. Gold will climb above 2k very soon, there is not much resistance above right now. Stop loss to 1940 dollars because of...
Bitcoin formed a new bullish pattern after forming a small double top. At around 45k, BTC formed a double top which reversed the trend, but the 42k level hold us and we formed a nice pattern. It has a high probability of breaking upwards. Target is around 50k, which would bring Bitcoin back in an uptrend. This is, as always, no financial advice.
BTC formed a big wedge over a long period of time and we now seem to break down. We got a big retest which is a clear breakdown. The target of this wedge is at 32k. The wedge is basically bullish because it has a flat resistance. We also formed a double top which is a very bad sign for Bitcoin. Especially cryptos react very hard to double tops. All in all I would...