We see a symmetrical triangle on Litecoin. The price responds beautifully to the S / R zone and together with the lower edge of the triangle creates a suitable place for speculation for the growth of the LTC / USD pair.
Alex, UCT team wishes you nice trading.
Now on strong support level.
If Fun breaks trendline, then is good time to entry.
Volume is growing, break could come soon.
Stoploss on invalidation level. Better to close manualy after daily close below this level.
Take profit - on TP1 you should fix part of your profit, move SL to BE and then go for TP2 and TP3
Currently trading on 42 700 USD.
After Sunday - Monday crash bitcoin falled from 48 800 USD to 40 000 USD.
Many traders were liquidated.
Reasons for crash
1) Volume in market is very low.
2) China FUD - Evergrande company has some problems and all stocks falled down.
3) Stocks are on the tops and market is very tricky.
4) In market are many...
Tezos is one of the best token for our robot.
Our robot mainly uses the DCA (dollar cost averaging) trading method.
If the price drops, instead of the Stop loss order, we have a Buy limit order.
This will also cause the Take profit value to drop and approach the current price.
If the price falls and falls, the robot buys and buys. This keeps the Take Profit...
In analysis is shown bitcoin on weekly charts with main support and resistance.
The resistance on weekly chart is very imporant. If price breaks this trendline with good volume, then bitcoin will go to new ATH.
Alts - bcs bitcoin price is going sideways then many alts could go still up.
It is imporatnt to watch higher timeframes. Trading volume is decreasing...
EMA21 on weekly.This moving average is very important support level. Curently is around 40-42k which is normal strong support level.
So, if bicoin goes up, then can't go below this level (weekly candle close with body)
This chart looks bullish.
Still in strong beartrend. It means alts should go extremle up....
Monitoring possible break out of the structure.
EA is below strong resistance level. If breaks up, and make valid retest, then is good time to entry.
E-sports industry is growing every year and this bussines has a big potentional.
Regular dividend payment is nice bonus.
Target is around 170-180 USD
How to trade bitcoin??
If you know the main trend - up or down it doesn't matter.
You see break strong bearish trendline. It is better to wait for confirmation, for confirmation you can use growing volume.
If is the main trend is running, then you can re-entry in correction.
Still same setup - wait for break, check the volume and buy.
This example is on 4H...
Trend line plus EMA 200 is pushing price down. We are near psychological level 1.7000. So, now be very carefull with Longs on this pair. We are monitoring situation and will let you know how we will trade it.
Have a nice day. UCT Team.
According to technical analysis, ChainLink works beautifully. Yesterday's decline was stopped by the current trend line and Pivot point S1 (means first support) also worked nicely.
The price bounced off the Point of Control level, which is the fair price of the last month (30 days), which often acts as a magnet, which then bounces off the price to look for a new...
Currently trading - 46 600USD
After 18% dump could come some retracement.
Support - 46 000 - 42 500USD
Resistance - 49 000 - 52 700USD
Why bitcoin dump?
Bcs in market was very low volume and below 47k were many SL and liquidation. What to do in this days?
1) follow the 1D chart and the nearest support = 46000 USD
2) BTC is in bullish trend as long as we...
DAO has its own platform on which you can buy - invest to game projects.
Followers on twitter more than 150k
Followers on telegram around 40k.
Project is running 8 months, started on 2,5USD.
ATH - 8,8USD
Around 7USD POC level on market profile. Price should respect this POC and go back to re-test this level. If this project will be succesfull it could go...
Next NFT token.
CURATE is market place for NFT without any aditionl fees. Total suply is only 8,500,000!!!
This project has a very bit potential.
ATH - 16USD
ALT - 0,8USD
Volume is growing in these days, so it's good time to entry.
Targets - 7,1 - 10,5 - 15 - moon:)
Trade without SL, use small position.
Total market cap is market cap with bitcoin. Also you can check totalmarket cap2 - this is without bitcoin.
Simple analysis - based on elliot wave. If we are in the 5th wave, then target it 3T or 3,25T
Basic rules - 4th wave does't go below 1st wave - done
5th has lower volume then 3th - done
Price of bitcoin should go more up, maybe for new ATH very soon....
Will be bitcoin bullish?
Check daily resistance on 49 800 USD. It's quite strong resist but buy volume is growing - this means there is still good oportunity for uptrend.
Based on market profile is between 50-53k low trading area, there will be quick move up.
Final target for bitcoin is around 56-57k and then should come some consolidation. If FOMO comes, then...
BCH - currently trading on 647USD.
On daily still in bullflag formation. When breaks then it's good time to take long.
You can open long now and put second entry around 580USD if goes down.
SL below 540 USD - better to close manualy after daily candle close below this level.
Targets - 800 - 950 - 1000 - 1050