As we can see, the SP500 has confidently fixed the week above the trend of downtrend and it seems that there is every chance to continue growing and reach the development of the "flag" technical formation, which was formed after the uptrend and locally we have completed the correction to the global trend, at least the chance is...
Solana is under an important resistance level zone 26-29, I plan to open a long position until the breakdown of the level when the price passes $25, the first target is 27.5, the second target is 36, the stop is fixing the price below $22
The week closed not bad, we have the absorption of the red candle and exit to the level, to continue the growth, need to go above 22k and then the road to 35k opens
In case of growth, the next resistance level is 25-26k
Locally, the formation is bullish, we are cooling down after...
Entering a long position on the breakdown of the support level
Take profit (next resistance) $0.39635
Stop (Return of the price below the support level) $0.36355
Bitcoin has confidently fixed the level of 18k and while the bulls are holding the defense, I am waiting for the movement of altcoins
Strong resistance at 19k, a lot of accumulated short positions, trend line, wedge, MA200 day - 19k key level
There is a high probability that the price will pass above 19k by MA200 a day, in which case the price can go without rollbacks, leaving liquidation shorts behind. We are...
The range in the $1800-4800 zone looks like accumulation after an uptrend to me. A fall towards $900 could be considered a false breakout if the price manages to exit and consolidate in the $1900-2000 area.
The plan is the following:
Buying if the price enters the $1800-1900 zone
Stop if the price goes below $1700 (5-8%)
Take Profit 1 - ATH $4700 (170%)
A bit of those analysis on the Dent coin, above 0.0038 there can be a very bold increase.
The accumulation is long, the previous trend was growing
The first resistance is at 0.007, which is also not a small increase - 120%
On the passage of resistance and exit from the accumulation triangle, it is quite possible to go boldly long before the first resistance,...
We will move from current prices to the area of $10,400
and enter into a range of $10,000-10,800
We wind up nerves and break through periodically to 11k with returns below $10,800
As a result, we go to $10,400 working out hourly divergences
We break through and roll to $9,400, working out the weekly divergence and trying not to go...
Some time ago I bought bitcoin for $2000, before the birth of the bitcoin cash, and at time it seemed that bitcoin for $10,000 is totally unreal, but we know it happened .
Apart from computer viruses and nuclear war, I see no reason why Bitcoin should not come to such high level.
I look at the picture purely technically, assuming that the impossible is...
On the weekly TF, the “triple bottom” reversal formation is visible, the profit for which is around 19%, the formation is supported by convergence of senior TFs (month and 2 weeks).
I will try to buy at the prices pass above $ 125 (breakdown point on the figure)
Stop - the price will fall below $ 125
Profit 1 - $ 141 (MA200 day + level)
Profit 2 - area of $ 160,...
The price is in long-term accumulation, drawing a triangle formation, the trend line is higher, thats why I assume there will be upward exit, since all this flat movement there has been no hits on the stops of the shorts, which are standing behind the obvious level of $220, so far only longs feel the pain, a constant drain down. Bitcoin is standing on the edge of...
The first trading scenario did not happened, the level stood up and the position was not opened by me. Now the second attempt.
The test of the level + divergence on senior TF is equal to the test of entering the short, despite the positive news background or maybe because of it)
I will enter in parts, if there is a test of the area $215-225, I will enter the...
Multiple testing in the region of $170, the presence of daily divergence of MACD encourages me to open a short one if the level is broken, with a stop on the return ($174) and profit in the region of $150-153.
Day MACD divergence
Everything is growing so beautifully, but for some reason I prefer to look towards shorts in present situation. And it seems like we are holding on the level, they came beyond $ 230 and it seems that Bitcoin has a bull formation on the daily TF, but there is one big and bold BUT - this is not a worked divergence on the weekly TF for bitcoin and we do not pass zero...