BZRX storming nearest resistance. At both BTC and USDT charts it is the middle of consolidation channel. In case of breakout will grow to the top and with nice potential for breakout as it will be 3rd attempt.
My entries 780-810
My scalp targets 880 / 900 / 940
My bullish targets 1000/ 1100 / 1200
Stop on 4H close below 739
POWR doesn't have a trend, but it has something better - tradition to pump high from time to time 😎 Powerful pumps is what we need in this boring market =)
Support at 700 should be a nice spot for entry (if it get there of cause). And 825 is the nearest target. Might wick higher.
XTZ look good for final breakout that should take price to 1200-1300 resistance zone. I'm loading some at spot and Futures with tight stop. If fail to grow and get dumped strongest support for a bounce is at ~840.
ZIL at 360 resistance and look bullish to get above it today. Buying some here and leaving average cost order at 315 in case of rejection and dump. That will allow to reduce position size or exit it fully at 335 SR.
Day chart for zoom out view (mainly because of day chart I assume drop to 300-315 is possible)
Currently Ethereum price is near 0.5 Fibonacci level. Although it has been tested multiple times it still remains a good spot for a bounce. Nearest resistance for re-test is ~2700-2730. Since crypto loves to shock and liquidate shorters, I won't be surprised if it pump higher to 3200-3300. That will be enough to liquidate 5x isolated leveraged traders who shorted...
Big bullish volume in CRV. Good to enter between ~4850 and 4650. Av. cost at 4200. Targeting 5500 / 6000.
‼️ Market is in extreme risk stage. Take trades with caution and readiness for high volatility.
"Gas" tokens are pumping today. ONG showing the best performance. Probably will come back to 2100 / 1800 where it will be the best buy. Pay attention to ONT as well.
TFUEL can be picked at 660 / 620. Pay attention to THETA as well.
GAS at 2600 / 2300. Pay attention to NEO as well.
My previous forecast with moving averages analysis was perfect. Everything looked too similar to previous moments in history when BTC fell so chances were extremely high for it to repeat. And so it happened. My only regret is that I was too influenced and afraid to repeat...
If it wasn't BTC so close to the dump I'd go all in SOL at this level so near to breakout. And that is daily timeframe so it look very explosive. Potential breakout targets measured by fibonacci extension could be 69 / 80 / 95. And if BTC won't dump (which is less likely) it can grow higher.
Possible bullish entry on rejection at 50$
AVAX has broken the trendline and after retest made it above ~80000-80500 resistance. Next resistance at ~93300 and after that we may target even 120000.
Very good bullish chart. Worth holding for higher targets.
DISCLAIMER: below are mostly bearish thoughts, but don't worry - BTC will touch 60-62k for sure even if it start retracement after.
I see similarity in BTC charts with my EMAs now and on January 2018. I will show you the charts to compare. Pay attention to blue VWMA - it always act as very strong SR. Either reject price or cause a strong impulse on breakout. At...
Elon Musk is a person who convert ideas into religion. Same as Jobs did before. Musk is idol and Tesla is religion. There could have been dozen of MicroStrategy funds buying Bitcoin, but no one was interested in them. When Tesla bought $1.5 billion this news came to millions of people who never thought of BTC more than some ponzi scheme or balloon. Now they all...
Expect BTC to stay within choppy stage with bearish bias till beginning of February. No trade zone here.
At the end of this stage there will be either bullish breakout of this falling wedge or break down and retracement to 26k / 23.5k - both scenarios equally possible.
Yesterday's dip ended up with another dip buys. As you see that 4H candle started bearish but ended up almost at the middle of previous candle - that is a strong bullish signal. Still the volume under that bounce is rather shitty. Plus I see Dollar Index rising and stocks falling at 4H. Ain't good for crypto.