In the previous analysis I highlighted the buy zones and as we can see BNB bounced of the first buy zone perfectly, if you are one term holder have cash in hand for the second buy zone to buy it, if you wanna take your profit from this trade set your TP at 306 which the 20 day moving average, The strategy behind opening any position is to make sure your win/loss...
In our previous ETH analysis I mentioned the buy zone which is located just underneath of a major fibo line and we can see for now acted as a support and frankly is doing a lot better than Bitcoin, so I would suggest if you sell make sure your TP be the descending wedge and take your profits and wait to how market would react. The strategy behind opening any...
So as we know bitcoin has broken down its triangle and now it is on it way to a pullback to fibo line so if any one missed the actual break it would a good time to open a short position on the pullback, Make sure you follow the stop loss. The strategy behind opening any position is to make sure your win/loss ration is 3/1 i.e TP should be 10% and your stop loss...
So after yesterday's red day ADA broke out of the range box and hit its target to the downside, so now we want to see some structure to understand the chart, there is a support zone which I have shown on the chart this would be a nice place to accumulate some ADA However we can not see any momentum for a up side right now so it's wiser to just wait for...
So regarding our Bitcoin analysis in case it broke down the triangle, we are there so if this daily candle closes below this fibo line it would become so hard for bitcoin to recover but we were prepared for such occasion and gave the idea of a short position the price might fall around 13000$ so be prepared The strategy behind opening any position is to make...
Just wanted to mention the potential buy zones The strategy behind opening any position is to make sure your win/loss ration is 3/1 i.e TP should be 10% and your stop loss 3% I suggest you do the same, so if you do 10 trades you only need 3 of them to be successful to gain a profit on your whole trades
Gold daily chart looks really interesting it finally broke above the descending trend line and I have mentioned the possible targets, in my opinion now it's good time to think about accumulating some gold, this analysis is valid till we get a confirmation candle below 1610$. The strategy behind opening any position is to make sure your win/loss ration is 3/1...
ETH is trading in a macro fibo range so we can not say for sure which way it would go but something that we can say for sure if ETH reaches to bottom line of fibo there is a buy zone over there and a good price to accumulate some ETH, I have highlighted the buy zone with a purple box ( between 1060USD- 985USD) since in ETH's daily chart we can see that it bounced...
In weekly log chart of BTC/USDT we can see that there is still room for downwards till 16000USD so I suggest you wait till this point and see what would bitcoin do when it reaches there, if we see a confirmation we can say with 70% accuracy that it would be the ideal place to accumulate some bitcoin plus I highly suggest keep cash as well just in case bitcoin went...
Bitcoin is trading near a macro fibo line which is a massive support line, to all traders who want to open a risky position this would be the time to do it cause we might see a rise at this level, Make sure you follow your strategy and MAKE SURE you put stop loss for your position since in this environment your can easily lose your money The strategy behind...
Euro is trading near the previous high and upwards channel has been formed,I have pointed out the possible scenarios, we could see price rise to the resistance level 1.01955 which would be higher wedge of the channel and from there a possible pullback to middle of the channel which is the fibo line, This would be ideal scenario. The strategy behind opening any...
So yesterday after a short liquidation we are witnessing a red market, Wanted to make an update regarding Bitcoin charts and we can pivot it to other coins as well since Bitcoin price is what drives the whole market, We are reaching the crucial Marco fibo line around 17700USD, this line has acted as a support for BTC 4 times thus it's a powerful support but we...
so a descending triangle has been formed, if price breaks above it, it would be great opportunity to open a long position, the entry point and TP&SL are pointed out in the chart The strategy behind opening any position is to make sure your win/loss ration is 3/1 i.e TP should be 10% and your stop loss 3% I suggest you do the same, so if you do 10 trades you...
BINANCE:ETHUSDT On the 4 your chart for ETH/USDT, as we can see RSI is at 30 and usually this means we gonna have a increase in price but since the price channel is broken we can open a short position when price pullbacks to the channel. our entry point would be 1560$ TP: 1405$ SL: 1608$ The strategy behind opening any position is to make sure your win/loss...
BNB has been holding his value pretty good compared to other alt coins and now it is retesting a key support line if in a case this area acts as a support we could anticipate a rise for this coin to next resistance level which is shown on the graph the key price we should keep an eye on is 328$ if BNB breaks below this line it would get harder to break through...
In hourly chart we can see that Euro managed to rise till the crucial fibo range but couldn't manage to stay up there so as long as there isn't any confirmation above the fibo range we could anticipate a decrease in euro index versus dollar The strategy behind opening any position is to make sure your win/loss ration is 3/1 i.e TP should be 10% and your stop...
Before the dump we can see a head and shoulder was created and it almost hit its target, for now the 0.38 range is acting as a support plus ADA has been trading in a range for quit a while so it is possible that we see a rise from this point, if ADA breaks down form the box price could decrease to 0.35 I would suggest don't open a trade till we get a confirmation...
A descending triangle has been formed on BTC/USDT chart and it is also located between a macro fibo lines which shows us how important this area is for Bitcoin, as we can see the bottom line of triangle has prevented bitcoin for falling down many times so it can be considered as a major support for now, in a case that price breaks for top of the descending line...