bhnmzm

bhnmzm

Chart is obvious and short term supports and resistances are appointed. The $16600 support is broken and I'm in a short position already by stop loss around $16800. In the short term $15600 is expected! Things you might like: - Trend Key Points Indicator have been used to draw important key levels and key points. - Strong Trading Strategy , Do not trust all...

bhnmzm

Price zone $1700 - $1750 is a daily resistance area and I'm waiting to inspect the price action in its lower timeframes after touch. I think it looks more like a potential rejection. Potential important levels are been highlighted in the chart. DO YOUR OWN ANALYSIS. DO NOT FORGET MONEY MANAGEMENT. Things you might like: - Trend Key Points Indicator have been...

bhnmzm

The pin bar pattern is one of the best signals on any market for predicting the next move. But should you trust all pin bars? In my humble opinion, NO, and I’m explaining this idea below and the approach I take to distinguish valid pin bars from invalid ones. I suppose you already know what is a pin bar, so I’ll not explain its basic details here. If you don’t...

bhnmzm

After breaking the weekly downtrend (the grey one), MATIC managed to reach the $1 resistance zone with a strong move. Even though it was not quite able to touch $1 and started a correction, I think we are going to see another try to reach there next week. If you ask how long the current correction can continue, I think it is bound to fall a little more with the...

bhnmzm

- The main bearish trend is still going on - Momentum is still bearish - Short term trend line has just been broken Entry Point: $33 to $34 Stop Loss: $36 First Target: $28 DO YOUR OWN ANALYSIS. DO NOT FORGET MONEY MANAGEMENT. Things you might like: - Trend Key Points Indicator has been used to draw important key levels and key points. - You can use Big...

bhnmzm Updated 

The price has been swinging in a range box for the past 7 days and now the rejection from the upper edge of the box is happening simultaneously with the rejection from the mid-term descending trendline. In addition, there is a hidden divergence in the RSI oscillator while the price did not manage to make a new HH. Having said that, the price might be seen at...

bhnmzm

XAUBTC is one of my favorite indicators to decide if bitcoin's big crash or big pump is over! The rivalry between GOLD and BTC is worth watching and being careful about. It seems that bitcoin will suffer a little more depreciation against gold and will lose more value until it reaches the next resistance zone, I mean between 0.1 to 0.11. After the touch and a few...

bhnmzm

It was obvious that it would reach 20 thousand dollars. and now I feel like the price going to have a short struggle on the way to breaking the $20K, it can range from $18600 to $22400. If it loses the $20K support area with strong momentum, the next stop will be $14K. DO YOUR OWN ANALYSIS. DO NOT FORGET MONEY MANAGEMENT. Trend Key Points Indicator have been...

bhnmzm

I see the potential to go deeper and there is still a chance to hop on the descending wave. By entering now, $0.53 is a good point for the stop loss and, you can have multiple target points. It might stop around $0.45, $0.36 and then $0,25 respectively. DO YOUR OWN ANALYSIS. DO NOT FORGET MONEY MANAGEMENT. Trend Key Points Indicator have been used to draw...

bhnmzm

When you should use leverage in your trades? I’m going to answer this question, but first, we have to mention two other questions to be answered. Q1: What is a reasonable trade? An order in which the entry point, stop loss, and take profit are already pre-defined based on a good return strategy or rules. Q2: What is money management? Money management is to...

bhnmzm

The momentum is indeed bearish even so, $1700 is strong support for the price and trying to hold on there and if the price lose this support, the next target will likely be around $1420. On the positive side of view, If the Bitcoin current range lasts a little longer or rises, I expect at most a pullback to the recently broken ascending trendline around $2500....

bhnmzm

It’s short because: - We are in a mid-term downtrend - Price is struggling to hold the 30K zone made a continuation flag pattern - Indicators also approve bearish momentum The $30K zone highlighted with a box in the chart is a strong demand area. Price is struggling to hold on support, there is also the mid-term uptrend line have been touched (Dashed blue ray)...

bhnmzm

The chart is obvious. There is a long position which emulate my order. I'll try to update the idea.

bhnmzm

DATA is one of the good tokens to swing with it and take short-time profits but now there is dense on the chart, so it seems mid-term is going to make all the holders happy. I will hold some. December could be a great month for this undervalued project. My targets: - 1st: $0.24 - 2nd: $0.33 - 3rd: new ATH around $0.5

bhnmzm Updated 

Consider price action and take an action :) I will update the idea based on the next price actions, but for now it seems bullish.

bhnmzm Updated 

The price has met the middle of the channel (dotted line) and Trend A therefore, I expect a pullback to the $3600-$3700. Also, the nearness of the level $4000 is another confirmation for the pullback idea. $4000 is an important level and can act as a resistance. I will enter when the pullback occurred. Stop-loss is around $3300 and the expected profit zone will...

bhnmzm

Chart is obvious. Potential buy zone: $0.007 - $0.0072, price action confirmation required $0.01 is a potential resistance. Trend Key Points Indicator have been used to draw important key levels and key points.

bhnmzm

There are two possible scenarios to form the next candles: Drops below $52000 Weakly moves on the bottom line of the channel to return to $60000 and tries to break it I think the second scenario is more likely to happen.