This is not a technical analysis
Recently, from my magic ball I predicted a descent to 28k. Most of the people who lost their money were packed in LONG.
Back then, I was breaking records when it comes to profits. Later greed spoke up and on the last little pimp I lost a lot of money in SHORT, of course through the levers. I was right, but so...
I believe less and less in technical analysis ...
After spending more than a year staring at charts and drawing lines, I realized that the stock market has an alternative to my moves every time.
We can say that we have a correction, a flag that is responsible for the continuation of declines.
On the other hand, we have higher and higher lows...
Unfortunately, we haven't seen a breakout of the trend line, what next?
There are several scenarios. I personally took a position at $ 0.69 on a LONG with a stop loss below the local low. I'm counting on another breakthrough attempt.
The main resistances are marked with a dashed green line. The close of the candle below the red line...
"Breaking the extended annual flag. This is an important moment that you must watch!"
An upward wedge is a positive sign and foreshadows growth.
After breaking through the top, there will be a violent bullrun even on the new ATH.
Possible slow move down the line to the price of $ 0.79, where there will be a bullish upward.
Everything is putting together beautifully, and this is just the beginning!
Namely, the ascending wedge after the cryptocurrency startup is a positive phenomenon in AT. We are just piercing the top line of the formation (retest).
After confirmation, it predicts further increases. When I see the first candle touching $ 40, I am convinced of a...
Today I decided to describe to you the FACTS of TECHNICAL ANALYSIS a little differently.
The upward wedge, which is a positive signal, has been broken over the top and is retested.
We must be careful about the possible execution of a local DOUBLETOP and return to formation.
Head and shoulders is...
We are going up, but is there anything else that can slow us down?
By changing the interval from 1D to 4h, we can see the details. By doing this, the "head on shoulders" pattern immediately catches the eye.
In the short term, it is a bearish attack in the market. Change of trend to downtrend. After breaking an important current support, the...
Are you already loaded? Bullrun right there!
During the accumulation a flag was drawn, possible continuation of the downward trend after the retest from below (red line).
The consequence will be a drop to the next shopping zone of $ 29,500, where there is strong support and many BUY orders.
A dozen or so days ago, everyone was counting...
The Internet Computer is on the deepest pit in the history of cryptocurrencies. 99.5% from ATH
This is an achievement, thanks to which there is a chance for a large profit, in my opinion it is worth investing in cryptocurrencies that have not reached their previous ATH..
Cryptocurrency in recent days has been doing...
XRP tries to break it again after hitting the trendline.
In the long term, we reached a double low, which is a signal for a trend reversal.
But, but, we haven't made a higher uphill yet and until the chart plots it, we cannot be 100% sure of the uptrend towards the new ATH.
In the medium term, we see a head with shoulders, which is also a...
Recently I asked myself and you the question "Is war negative news for cryptocurrencies?"
I replied to myself that no! On the contrary !
Ukraine gets financial aid from all over the world through BTC, ETH, USDT.
Russia gets sanctions on SWIFT and has an alternative,...
The title clearly asks a question that each of us should ask ourselves.
I buy at the bottom and I don't wait for bigger drops, because in my opinion there may be no more of them!
Today in the news, each of us read about Russia's invasion of Ukraine, which took place.
The stock market reacted immediately, but was the decline strong in relation...
Today I pasted a picture of what it always looked like for Eltioott.
As we know well, a breakout up and a confirmed retest are indicative of gains.
The price can reach $ 1 and then go back to $ 0.85 for a while, which is what this patent tells us, and start BULLRUN.
Anything can happen in the stock market, and just like a tothemoon, we can...
Today I would like to show you how it was until last year. You should keep this in mind, because protecting your capital is paramount!
To the point, without a clear breakthrough of 0.382 FIBO, there is still a good chance for a decline. We didn't break the last hill which means the current downtrend!
The last closed weekly candle on Bitcoin...
We are located in a key place for BITCOIN, and thus for all cryptocurrencies.
We should watch this zone in terms of a possible local Double TOP.
In that case, we should expect a drop, then a retest from below at $ 42.5k and a further slide.
If the bears are defeated, I expect spikes even for the new ATH!
The yellow lines are all the strongest...
Our Ripple token is in the place I expected from the bottom.
We pierced the bottom line of the annual flag briefly, but fell out of formation and hugged underneath it.
This is where everything will be decided. If we go up again and then break the top line of the flag, I will be very convinced of the increase to $ 4.5
However, if the bulls do not have enough...