I hope you are doing well.
sry for not being active for while.
BTC ranges for days and it's so tight (31 - 28).
I think we will see another move incoming the next few days and its look-like green path.
I don't expect the RED path that is bearish and the Price to drop to 20k and bounce from over there after that.
we are getting close to the end of bear...
I hope you are doing well my friends.
( bullish signs )
1. price tested the trend line
2. get close to 23 level support
3. RSI got oversold
4. Bullish hidden divergence/divergences
5. also volume is very low and there is no seller anymore.
the target is around 38 $ which is more than 30 % profit.
this is how I would like to enter trade
personally , always hated to read ideas with 5000 lines to understand it . so I like to publish ideas briefly
first of all , everything is possible and you know it better than me !
I think BTC will not reach 20K , because it never test the last ATH in 2013 or 2017 !
look at the RSI please , it's 52 ! (this is a monthly chart with a LOG scale).
as you can see we have a channel that is still valid , last time price hit 460 $ and it was our last high on 5 April.
now we are getting close to the bottom of the channel and also we have mini support around 390 -380 $.
the second support is around 350 $ . this one is stronger !
the last and major support is around 320 $ .
I think after breaking the...
I'm gonna keep it simple as always.
The next resistance is around 500 - 510 $.
if BTC stays above 45 k , BNB will get close to 500 $.(something like green path)
if BTC goes to 50K , obviously the rest of the market especially BNB will follow.
there is no drop for " only BNB " , it will be for the whole market with BTC Leadership.
in that case ,...
as you can see on the chart we had a beautiful retest on 96 $ level
and with a long shadow , it means some people got scared and sold .
always these guys will FOMO and buy again at higher prices .
AVAX looks good and I think will be around 120 - 130 $ soon or later.
the only bearish thing is RSI getting overbought, maybe we retest 96 $ a few days...
I hope you are doing well.
I always like to keep the chart simple.
Green path : if today's candle closes green and above 0.45 $ with good volume, it's an entry on the daily chart.
Red path : close below 0.45 $ which is mean we can't be bullish anymore until seeing another resistance breakout, and the price will be drop to around 0.35 - 0.37 $
hello everybody !
im not gonna write to much.
Buy after retest !!!
we need to see testing 100 $ and hold above it !
holding 100 $ means another skyrocket movement !
not financial advice !
do your own research.
let me know what do you think and share your ideas and charts
everything looks good.
risk to reward = 2.3
the stop is the previous low + ATR(14) and the reason is if BTC drops to 45 k , altcoins will drops a little bit too
CRV weekly chart.
we got bullish hidden Divergence which one , pointed with arrows.
broke the trend few days ago and reached the first target !
breaking 1.20 level is good buy oppertunity (something like green path) if not , you can short or wait for 1 $ to buy (something like red path).
look for smothing like blue boxes to Buy/long.
we are also Over Bought on RSI which is not good signal for breaking 1.20 !!!
im gonna update this chart when...
lets keep it simple .
volume increased which is bullish
the chart looks good as well
so we got 2 path for next few days
Green path : holding 21 support level which was first resistance before breaking it.
Red path : losing 21 and start to accumulate below 21 level or at the worst case , testing 17 - 18 $.
the only bearish sign is RSI right now !
hello everybody, I hope you are alright!
I drew everything on the chart.
don't try to short from here we are close to a 30k support line.
the only short trade is rejection from 44 - 45 k , which is risky and I pointed out with 4 red arrows.(trust me you don't want to touch supp/ress for 4 times)
this channel is still valid if you want to check it...
hello everybody , i hope you are doing well as always!
CRV look-alike BTC in 22 july 2021 !
everything depends on bitcoin , if it rises the rest of the market will follow it.
if BTC keeps ranging , maybe there will be room for some altcoins to rise.
this is the bearish scenario for CRV.
if we lose 1.8$ - 1.9$ , the next support is around 1.2 $
if we see a...
hello everybody , I hope you are doing well.
I'm looking for some price action like a yellow line.
the ascending trendline is still valuable.
you can check it from the last post.
losing the ascending trendline ----> first target 1.2 , sec target 1 $
not financial advice!
let's keep it simple!
breaking 39 - 40 k : 45 k is the next target.
getting rejected from here : 35 k is our next target.
we had good volume 2 days ago which showed us if we go more down , more bids sitting to fill !
check my last posts about BTC please, still valid...
if you look at the chart from 2018, only 2 times rsi reach to 30 - 40 level .
once 10 Dec 2018 which rsi was 29 and the price was around 3000 $ .
second time 9 Mar 2020 which rsi was 33 and bottom was around 3000 - 5000 $ .
also, we have 200 WMA on the weekly chart, and the price getting close to it.
you can check price action with 200 WMA from...
I wanted to keep the chart simple and I know we have a lot of resistance in our way.
if you look at the channel, we had 2 perfect bounces, and last time the price reached the top of the channel.
I'm not talking about a week, this is a long-term vision.
maybe we get a test on 39 - 40k in the coming days or maybe we just see consolidation above 40k.
trx tested the trend line once and now looks like coming to test again or test the 0.06 level.
the rsi is a little bit high.
the 2 R/R is not bad with leverage.
this is a daily chart which looks nice.
0.05 level is really strong support.
do you your own research!
not financial advice!