Since july, Vesper Finance shows a slowingdown downtrend, and looks ready to reverse after a flat stage, probably accumulation. You can see an inversed Head & Shoulders just breaking by the upside at the moment. --> Perfect place to take a position. If price confirm the break out and BTC don't nuke, we're going to 20$. Want to learn from the bests and see...
CLV was in consolidation for almost 2 months, flat chart that is breaking by the upside, maybe a good entry point if the price goes up ! Volume incoming, no decline, people buy and don't sell. Don't miss it! Entry taken at 2$ ! We are aware of potential weakness on btc that could ripple on alts and kill the fun, be cautious. Join us at SubvertoTradingClub !
Altcoins have been in a strong downtrend against BTC since we topped out in Jan 2018. WE had 1 Bounce in APril 2018, then a range from December to April 2019 and now we have a 3rd range that has formed since Sept 2019. I think we do have a good opportunity for alts to perform against BTC. Seasonally December has always been good for Alts againt BTC and Technically...
Hello Dear Traders, Trading Plan: 1) Short near the top of the monthly range. Either Failure at 10760, or 11000-11200 failure. 2) Long If we get a consolidation above 11600. You can see we are forming a flat sideways consolidation on Bitcoin on the monthly time frame, as we have after the first impulse on the previous two market cycles, in 2011 and 2015. We...
Hello dear traders, Let's keep it simple. Trading plan: - XbtUsd daily closed under monthly open and brokedown the boring range. - Watch for a reaction of low 9k zone for two reasons: First reason, it's a support zone and it can create a bullish reaction. - Second reason, this zone held as a support already twice, and we can see a stoprun right under this...
Hello dear traders, Let's keep it simple. In our previous idea , we had considered a retest of the 10100 zone before initiating a move of a higher magnitude. The area acted perfectly as support and we closed this very short term trade with good profits. Let's proceed together to a new analysis: Trading plan: - Daily close >10400 and I think we will see...
Hello dear traders, Let's keep it as simple as possible. Trading plan: - XbtUsd gave us a beautiful bullish candle at the opening of the week. But please, stay careful, depending on the daily closing of the day, this candle could have "picked up" a lot of liquidity and initiate a bearish movement for the rest of the week. It's a simple logic: Early hours...
Hello Dear traders. NASBTC is showing some sign of life and strength on the daily timeframe . Considering the downtrend this coin has been through, this zone offers a very strong Risk Reward ratio. You can see: - it just reclaimed a support and it's holding the btc impulse decently. - Price is squeezed within a C.FORK, showing a changement in the market. A...
Hello Dear traders. Still early days for $FTT but @SBF_Alameda and his gang on top of the Bitmex leaderboard, are doing a great job with the FTX exchange and the creative usecases for their token. You can see: - it just reclaimed a support and it's holding the btc impulse decently. - Price is squeezed within a C.Fork, showing a changement in the market. A...
Hello Dear traders. NASBTC is showing some sign of life and strength on the daily timeframe . Considering the downtrend this coin has been through, this zone offers a very strong Risk Reward ratio. You can see: - it just reclaimed a support and it's holding the btc impulse decently. - Price is squeezed within a C.FORK, showing a changement in the market. A...
Hello Dear traders. CHATBTC is showing some sign of life and strength on the daily timeframe . Considering the downtrend this coin has been through, this zone offers a very strong Risk Reward ratio. You can see: - it just reclaimed a support and it's holding the btc impulse really well. - The green scribble can be analyzed as a spring under support. A...
Hello Dear traders. CHATBTC is showing some sign of life and strength on the daily timeframe. Considering the downtrend this coin has been through, this zone offers a very strong Risk Reward ratio. You can see: - it just reclaimed a support and it's holding the btc impulse really well. - The green scribble can be analyzed as a spring under support. A “spring”...
Hello dear traders, Let's keep it simple. Summary & trading plan: - Bitcoin daily close occurred above monthly open, and we look like to find support here. We can expect some bullish reaction from the current lvl. - Mainly monitoring ALTSBTC setup because it has some potential to give a nice bounce and outperform bitcoin. We can already see some strength...
Hello dear traders, Let's keep it simple. Summary & trading plan: - We perfectly called for 10450 dollars XBTUSD zone failure to hold, and we saw a strong bearish move as anticipated yesterday in our idea, targeting low 10k. - Bitcoin is now sat on the edge of a Daily Cliff and we can see very low targets if it triggers. Please, read the detailed...
Hello dear traders, Let's keep it simple. Weekly: a/ Market structure: still intact bullish structure, but indecisive at the moment => No trend. b/ RSI: indecisive => No trend. c/ MACD: Under Bearish Crossover in positive territory. => Consolidation. Daily: a/ Market structure: still intact bullish structure, but indecisive at the moment. Breakout...