On the Ethereum chart, a descending triangle forms and the descending triangle formation belongs to the bearish price formation, by means of which we assume a further decline in price. On the other hand, the price is above the EMA 200, which indicates a bull signal. Now you need to find out, on lower time frames, what's going on inside the candles and decide...
Cardano is out from Daily trend line which was in Down trend. Now we have nice chance to go up. Only one thing can stop us, it's strong Daily S/R level plus Pivot point R3 (means daily resistace). We will swith to lower timeframe and look for entry. Our Price action strategy will tell us what to do. :) Keep in touch with us and Happy trading :)
LTC - currently trading 148 USD If break bearish trendline then can go up. Ideal entry - 136-120 USD or wait for break and then buy retest Stoploss daily candle close below 90 USD Targets for longs - 195, 226, 276 298 USD
Currently trading - 34 300 It is very important to close above 35k and then can bitcoin go up. In other case it can go still lower.
On the ATOM / USDT chart we can see how the price responds beautifully to Pivot point R1 daily and also Pivot point P weekly. After breaking the daily trend line, the price rises, but we are close to Fibonacci level 0.382, where the price will certainly respond. At the moment, I prefer the price drop to the current trend line. On a lower time frame, we have a...
Doge is the real s***coin. It also responds to news and Tweets very sensitively. There is no reason to grow. Maybe some whales will take stoplosses. The technical analysis is not entirely clear, except that the main trend is down trend and the secondary trend line is also down trend. Since the price is on the Point Pivot, the quick Scalp Trade Long is possible,...
On the Cardano chart we see how the price reacts to the Trend line showing a down trend. At the same time, the price is below the daily EMA 50 but above the daily EMA 200. Reflection from Fibo 0.786 but above Pivot point R1. According to timeframe H1, it is not clear where the price will go next, it is necessary to look for a signal to enter on a lower...
ChainLink is trying to break the current trend line, which indicates a relatively strong down trend. Apart from TL, the current price is reflected in resistance and Fibonacci level 0.382. On the other hand, when the price falls, the price hits the Pivot Point R1. At the moment, the fight between bulls and bears is in full swing, without a doubt. Price action...
Currently trading around 34 000 Yesterday bitcoin touched 29 000USD. If bitcoin found the bottom then we can except growth to 45 000 - 48 000USD. Important suport - 29 000 USD Important resist 40 000 USD
Setup on 1H chart. Take profits on fibo retracement. Stoploss below 29 600
We can see how deep can be some token without future. Or Alice is our future? This token is in negative price discovery mode, so we can go deeper and deeper. No reason for growing! Price litte bounced now, but from where? There is any reasonable level for bouncing. We are ready for SHORT :) R.I.P. you nasty Alice :P
Cardano is in a strong down trend. In the multi time frame analysis, we see a line down trend on H4 trend, and also on H1. What matters is what Price action will show on the lower time frames. At this time, we prefer a drop to 1.05 and below $ 1. An alternative scenario is a turn up and a rise to 1.16 and further above 1.26. Do not trade without proper rules...
The price of SXP is between two strong daily S / R zones. At the same time, we are below the TL signaling the Down trend and also below the EMA Daily 200, which also indicates the downtrend. However, the current support has already tested 3 times and stopped the falling price. This may signal an upward reflection to test the trend line. The most important thing...
Currently trading 33 900USD. Yesterday daily close candle looks very good. But now is the situation differtent. Importatnt level - daily close (body of the candle) below 33 000USD will be very bad for bulls. Next supports 23k and 18k. For uptrend is imporatnt to close above 40k USD.
Currently trading 37890 USD. Bitcoin is now on the trendline, but if close below it will go much lower. Better to stay out of market and watch. Supports - 36800 and 34500USD Resist - 39 500USD
Bitcoin touched 38 000 and support is still holding. Currently trading 38 900 Supports 38 000, 36 500 Resistance 40 000, 41 000, 42 000 Targets for swing long still same - 45 000 and 48 000
Bitcoin - now trading on 39 950USD. Bitcoin is in the range. If breaks this range up or down it will come move around 3000USD. Target for shorts 36 000 Targert for longs 43 000 Check this break carefully on 5m chart and trade the reaction.
Very respected trend line has been broken and after that nice retest. This is clear signal for short. Yes, everybody know that...after brake and retest take a trade...but in most cases this is manipulation and reason for STOPLOSS HUNTING! Don't be stupid and don't do everything what other people do! Very easy how to losse money. What to do? Do not trade too easy...