I only see BTC playing out in two ways.
A test of 30k or 20k in order to move to 60k.
If price holds 30k then we will see 60k.
If price breaks below 30k I see it as a high probability that price will fall to 20k before making the next move up.
Not a whole lot of data on this chart for Shiba Inu, however it was listed on Binance and Coinspot and based off the chart it looks like it is playing the FIB from the small sample size of data we have on this chart. Meaning if you want to buy in a good entry point will be now as the early market structure is healthy and bullish and this is the first dip that we...
Zilliqa (ZIL) Analysis
Entry @ 0.2244
Short Term Target $1
Mid Term Target $3
Long Term Target $5-$7
What is Zilliqa?
Put simply, Zilliqa is a faster, more advanced blockchain. Bitcoin was the first generation of cryptocurrency, platforms like Ethereum were the second and newer platforms like IOTA and Zilliqa, which are the third.
From a 4HR...
Entry @ 1.58
Short Term Target $10
Mid Term Target $20
Long Term Target $100
XRP looks poised for gains in the near future as we are very bullish making higher highs and higher lows on the 4HR TF and on lower TFS. 4HR chart looks poised for another leg up to make a higher high.
XRP saw a jump of more than 40% in...
VeChain (VET) Buys @21 Cents
Target Profit Near Term: 50 Cents
Target Profit Mid Term: $1.50-$2
Target Profit Long Term: $5-$6
With the data given on the VET chart, you can see a nice break and retest. Price action is showing us a strong amount of buyers from that breakout level. Price looks like it snatched liquidity as well as correct some imbalances in price...
Crypto Pick for the Week: DENT
Valued at 0.015 Cents
Notable Partnerships: Apple
What is Dent?
DENT Wireless, or DENT, is liberalising the market of mobile data, creating a global mobile and data network. One of DENT’s unique selling points is the ability to use a single mobile network - DENT Network - and travel freely across the globe without the worry of...
This is my EU short setup.
We have just seen an impulse down we are currently in the correction phase as we have retraced to the 1.18 level 0.786 Fib and have show signs of rejection. Depending on how the market opens on Monday we could have an opportunity to short EU to the golden extension levels below.
*CLOSURE ABOVE 1.18 INVALIDATES THIS TRADE*
Details on chart.
Higher Low made on the 4HR chart followed by
impulsive move to the upside
Looking for a retracement to one of the fibonacci levels for another leg up
Bullish structure maintained on daily timeframe after dip
Impulse break of previous highs
Impulse to upside, entry was made off of the RETRACEMENT
STOP LOSS BELOW PREVIOUS LOW
GJ has maintained a strong bullish trend. I am not looking to take shorts are counter trend trade. Looking for longs to go with the trend.
Looking at structure for GJ it may need to test 148 before heading back. I am still very bullish on this pair and a fall from 148 will be short term bearish but closes above 148 is bullish to 151 for me.