Vestinda

Vestinda

Hello traders and investors! If you appreciate our charts, give us a quick 💜💜. 🔺 On the daily charts, a promising scenario unfolds – a bullish divergence in both price action and RSI. 📈 This could potentially trigger a significant price rally towards the $27,379 resistance. 🔻 However, when we shift to shorter timeframes, a retracement seems plausible: 📉 Keep...

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Hello traders and investors! If you appreciate our charts, give us a quick 💜. Your support matters! The Relative Strength Index (RSI) is a powerful tool used in technical analysis to gauge the momentum and potential overbought or oversold conditions of an asset. Here's a breakdown of how it works: Time Period and Calculation: By default, the RSI measures...

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The Ethereum ( CRYPTOCAP:ETH ) price action right now is like a seesaw caught in a Bearish Wedge pattern. This pattern often signals a potential dip in prices down the road. Think of it like this: on the chart, we see a pattern where the price keeps bouncing between converging trendlines. It's a bit like watching a pendulum swing back and forth. Sometimes,...

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Greetings everyone! Here are ten crucial terms every crypto trader should know: ATH - The highest price ever recorded. It represents an asset's peak value and often signals potential profit for early investors. ATL - The lowest price ever recorded. Breaking ATL can trigger further price declines, leading to potential buying opportunities or increased...

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Time seems to zoom by, and when you glance at the Bitcoin chart with 2014 on one end of the timeline and the current cycle on the other, it's astonishing how each market cycle bears striking resemblances. Our focus today is on the Weekly timeframe , where we've unearthed intriguing insights by comparing market cycles. If you examine our chart closely, you'll...

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Technical analysis is a crucial aspect of trading, allowing traders make decisions based on patterns and indicators in price charts. Two common patterns that traders often encounter are the triple top and the triple bottom . These patterns can provide valuable insights into potential trend reversals in the market. In this article, we'll explore what these...

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Hello fellow crypto traders! Tellor price action currently appears to be in a state of consolidation, characterized by a mix of bullish and bearish signals. The price seems to be encountering a significant challenge at a long-term resistance level. For a bullish scenario to unfold and further price increases, it's crucial for BINANCE:TRBUSDT to breach the key...

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1. What Are Supply and Demand Zones? In the cryptocurrency trading, supply and demand zones are pivotal concepts that profoundly impact market behavior. These zones act as critical areas where traders engage in buying and selling actions, significantly influencing price movements. To gain a deeper understanding of how these zones work, let's delve into the...

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Bitcoin charts of 2014 and 2022 look strangely alike, don't they? 🤔 History may be rhyming with opportunity. What's your take?

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Hello dear traders and investors community! The Divergence Cheat Sheet Divergence occurs when the price of an asset and an indicator, such as the Relative Strength Index (RSI), move in opposite directions. This pattern provides valuable insights into potential price reversals or changes in trends. Detecting Divergence Detecting divergence is crucial...

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The outlook for XRPUSD is under scrutiny, with a firm long-term bullish sentiment. A strategic analysis reveals key insights that we should consider for informed decisions. 📈 Long-Term Bullish Stance The long-term perspective on XRPUSD presents a bullish trajectory. This suggests potential opportunities for investors looking to profit on upward price...

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The Wyckoff Method, pioneered by Richard Wyckoff, a prominent figure in the early 1900s stock market, remains a powerful technical analysis-based trading approach. This article delves into the intricacies of the Wyckoff Accumulation and Distribution phases, fundamental to this method. Who was Richard Wyckoff? Richard Wyckoff, a highly successful American...

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Hello dear community. Welcome in @Vestinda Ethereum long-term price analysis. Drawing parallels between 2019 and 2023 in the crypto world is gaining traction for good reason – the charts bear striking resemblance, and market sentiment feels familiar. Undoubtedly, the markets are entrenched in a broad and substantial accumulation phase. It's broad due to the...

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Greetings, @TradingView community! This is @Vestinda, bringing you a helpful article on the topic of Ascending Channels! An ascending channel, a potent chart pattern, stands out with two upward-slanting trend lines that define support and resistance levels. Also known as "rising channels" or "upward channels," these patterns offer insightful indications for...

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Greetings dear traders, let's analyze Bitcoin Dominance chart! The Bitcoin Dominance chart is currently perched just above the crucial 49% mark, a pivotal level recognized for its significance as both support and resistance over the long term. Delving deeper into the analysis, the Relative Strength Index (RSI) reveals an intriguing development—a notable...

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Greetings, fellow traders and investors of @TradingView ! Trading in the financial markets is often likened to a battleground of strategies, psychology, and data analysis. To navigate this dynamic landscape successfully, we need more than just luck; we need a well-structured daily routine that blends education, analysis, and real-time decision-making. In this...

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Exploring Bitcoin's 1-hour timeframe unveils two distinct price structures, offering insight into the forthcoming price movement. The current price range intriguingly aligns with the Wyckoff Theory's Accumulation Model. A simple comparison between the image above the price action and the actual shape reveals a striking resemblance, complete with creek and spring...

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Greetings, fellow traders and investors of @TradingView ! Financial markets offers limitless opportunities for earning and investing. Amidst all the available instruments, trading stands out as an exhilarating realm of dealing with securities, currencies, and other assets. But how do you know if trading is the right path for you? In this article, we will...