Moosa65

Moosa65

Matic had a failed try to break the resistance zone and still is struggling. I think the downside breakdown is more likely to happen, however, it is better to wait and see which side is chosen. Any breakout, from top or bottom, will be a chance to open a position but consider the risk of fake breakouts. The trade volume also should not be so high because it is not...

Moosa65

A drop in the price is highly possible...! The breakout could be an entrance chance but highly risky...! I prefer to open the short position in the pullback...lower risk and lower profit. Please let me know your ideas... You can use the following link to trade... bingx.com

Moosa65

We are in a bearish trend however a correction is likely to happen...

Moosa65

I'm a fan of cryptocurrencies and like them to be on an up trend which couldn't always happen in the real world..! I think the chart tells us everything. We are in a local correction of a bearish market (maybe at the end of it). A drop in the price is highly likely to happen where the new low will help us to see a divergence between price and RSI. If so, it could...

Moosa65 Updated 

A profitable set-up a local up trend a strong breakout a nice pullback around the long-term support

Moosa65 Updated 

Entry: 39000 Entry Volume: 0.025 (1000$) Profit Limit: 44000 Loss Limit: 42000 First Close: 42000, 0.0125

Moosa65

It is strong resistance and correction is possible.

Moosa65

We should wait for a good entry opportunity.

Moosa65

Resistance was just broken. Good chance for a short-term profit.

Moosa65 Updated 

Buyers simply have lost their strength...

Moosa65

First of all, let me say "Merry Christmas", and then, let's take a look at the daily chart of my favorite digital asset, i.e. BTC. It is obvious that 7600-7800 is a very important key zone which determines the price direction. In October it was a strong support zone and now it is a strong resistance one. In both cases, there is a side movement near this key zone....

Moosa65

Let's see when it is reversing...

Moosa65

Just look at the chart!!

Moosa65

The local resistance trend line was broken and now there is a pull back to the broken resistance. According to the chart there is a strong resistance on 7900 which is also the EMA50 resistance in weekly chart. I expect a correction from this point because the daily chart is still bearish.

Moosa65 Updated 

Hi guys. BTC is struggling with a strong resistance which is the 200 EMA in 2h chart. The question is what is the next move? looking at the 2h chart, the answer is that there is another drop possibility just like what was happen several times before in the past 20 days. However, before judging, let's have a look on a bigger picture. In the following chart you can...

Moosa65

I do like it be able to go up, however, what I've seen in the chart says that it's really hard to go beyond 7400 and even 7200. There is a strong support on 7060 which is the 200 EMA where BTC can lunch again but what happens next? Let's have a look on what happened about a month ago. There was a similar movement that time. Starting of an up trend, correction...

Moosa65

The Price is on a strong resistance. I think it will go down again. It is just a pullback to the lost support. Bears are still in the market. Check my linked Idea for more confirmation.

Moosa65

Reasons are many... 1. Downward cross of the 50 EMA & 100 EMA 2. Downward cross of the 100 EMA & 200 EMA 3. Break-out of the 68% Fib. level 4. Continuous lower highs Thus, it is clear that should be short in any upward movement. The next potential reversal price is the 78.6% level Fib. which is 5400. Until then, no good news... Always do your own research...