ETH- Weekly-log scale. The s/r points have indicated on the chart. Best buy zone: below $1500. Reasons: Dynamic and static supports + ~68% down from ATH. It may happen in early July. Please like and share the idea. Thanks.
KSM- Daily-log scale. The s/r points have indicated on the chart. Best buy zone: ~$120-140. Additional buy support around $95. Reasons: strong dynamic and static supports + ~81% down from ATH. Please like and share the idea. Thanks.
Follow the trend always. Check my previous update :) Please like and share the idea. Thanks
Hello Traders, As I mentioned in the previous idea, Bitcoin got rejected from the strong support area which is between 34600 and 36200. Also, as you see on the chart we have the Elliot ABC correction wave which will end around 25700. Please like and share the idea and tell me what you think?
Please check my idea as I linked here :) As I mentioned in the last idea, TRX followed the red line. Please like and share the idea.
What do you think? Red or Green? The bullish sentiment is not strong in the market and I think TRX will follow the red line. Please like and share the idea. Thanks
Hello Traders, As you see Bitcoin still in a strong downtrend channel. Trade within the range until it breaks down/up. Strong resistance area: 34600-36200. Strong support area: 28805-31000. Please like and share the idea. Thanks.
As you can see on the chart, there is strong resistance around 36.2k. Not financial advice and DYOR
It's super risky trade, I know. Opened a small long position at 30500 with 75x lev on Binance. Size: 0.5 BTC Entry: 30500. No SL. Liq price: 21471.
Based on the Gann Box indicator the decision time will be at 23 June 04:00 UTC before the full moon on 24 June. Let's see what will happen.
TOTAL exclude BTC weekly chart. I couldn't apply the Gann Fan on the log scale, but explained the details here. Major resistance: 1:2 line of Gann Fan (starting point: ATH) If the market continues its declining at this speed, the reversal point will occur on 19 July 2021 which is strong support (2:1 line of Gann Fan, dynamic support, and static support will meet...
As you can see Bitcoin respected the Death Cross this time :D
What Are Gann Fans? Gann fans are a form of technical analysis based on the idea that the market is geometric and cyclical in nature. A Gann fan consists of a series of lines called Gann angles. These angles are superimposed over a price chart to show potential support and resistance levels. The resulting image is supposed to help technical analysts predict...
As you can see on the chart, we will see the major movements in the coming days. Be prepared, Have a plan and be patient. Like and share the idea, Thanks.
Reason: Big symmetrical triangle daily chart. Bullish market sentiment. New upside cycle. Please like & share.
I just wanted to close the short and open a long position around 37.6-37.8k but I didn't because the support couldn't hold. Please refer to my prev idea. Like and share, Thanks.
Hello, Please refer to my previous idea :)
As I mentioned in the previous idea, Bitcoin couldn't break the strong resistance around ~41500. My short position still open from ~40.5k but there might be strong support between 37.6 and 37.8. I might close the short and open the long in that area.