Hi everyone, its good to be back doing some crypto analysis.
I just discovered that $WAVES is at a very good spot for a Long Buy now @ 26.17.
At least hold the position either till it gets to the upper bound of the TrendLine which is @ 32.
Thanks.
Hi everyone, how was your weekend!?.
Since my last analysis, BTC has been trading between $47k to $48k.
Reversal was confirmed on October 2nd & I still stand by that decision to open a sell order bcos price isn't making new higher highs.
Next level price will be heading down to is @ $44,7k from our 1hr chart.
So we get to open a Limit sell order...
BTC price rallied up to $48,8k but can't get to $50k.
So from my previous analysis, we're now at a very good point to open SHORT SELL & hold the position till price gets down to $42k.
Have an exciting Sunday !!👍🏽
_ Labiano50
HELLO Wonderful traders & welcome to the new month. The month of possibilities !!!!
This October, price will trade between ($50k to $42k); being the highest & lowest zones.
'With $50k acting as our very Strong RESISTANCE area & $42k now our Strong SUPPORT area.
All the action will be within this range. Now our job is to take good positions for our LONGS &...
Yes !!!!!!💪🏾✌🏽🔥🔥🔥
We now have our confirmation.
We were expecting a full candle in our blue coloured zone (which is a 3% gap), now BTC price is double that (6%).
And coupled with the fact that RSI reading (53.7) indicates that we have BUYING MOMENTUM.
Yes Buyers are strong this weekend.
So will CANCEL our SHORT SELL ORDER....
Price is now officially trading within the $44k range, but is it enough for us to consider setting up a BUY order !!??
Answer: "Not until we have a full candle stick in the blue zone indicated, we'll stick to our initial SHORT order."
This means that we'll see how it plays out today. No changing our last SHORT until we get the fact that price has gained...
Price is getting harder to predict which way it may go. But from my 1D analysis, price has hit the top ceiling of $43,9k.
Unless we get some big candles above $44k, price will see a rejection from there towards the lower $41,3k to $40k.
This will give for a good profit provided that you have nerves of steel.
Note: Sellers are still in control in this bearish...
Hi everyone, I'm back to give update on my BTC Analysis.
My Short prediction worked as price broke downwards as it briefly touched $44k to $41,6k (triggering my TP = $41,900).
Looking back, from Sept 23 till date BTC price has been stuck in the pink zone (lowest $41,2k ; highest $44,4k).
As price is getting to the white line it'll show complete...
Price is still hovering about $43k to $43,7k. I'm still expecting it to briefly touch $44k before it begins descending towards $41k.
No meaningful profit if one opens a buy position now.
So we wait, still stuck within the range for 2day.
_Labiano50
Good Luck & happy trading
From my last analysis, I realized that price is making lower highs (LH) & lower lows (LL) which means that instead of buying Long.... I'll go short.
I opened a little short position to see how price would react.... After some hours, price broke down to $41,7K before moving back up to where its now $43K.
BTC may see a short term boost to $44K, but it won't be...
The price of BTC has been making lower highs & lower lows as it's still on it way downwards to the $38k where I'll be looking for BUY once the market makes a correction.
No correction means the price will continue on its bearish momentum (if it crosses the $38k zone).
So for now it remains Short on the short term.
Thanks
_ Labiano50
(The more charts I analyze the...
Yesterday, as per my chart analysis using price action only. We were expecting to get a big candle in the pink zone to confirm continued buying on the 1D chart.
Now we'll be looking to enter the trade @ 50k and ride along to some profit after setting stop loss, if price goes downwards over the blue dotted lines.
_ Labian50
** (Pls this is not financial advice)
*** Hi everyone it's the same analysis i posted earlier with corrected chart ***
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"This is my first ever chart analysis on this great platform.
I've following BTC for some days now, & this evening I see that the price has fulfilled my set trigger for buying into the trade (the pink area above the...
This is my first ever chart analysis on this great platform.
I've following BTC for some days now, & this evening I see that the price has fulfilled my set trigger for buying into the trade (the pink area above the resistance zone).
I'm using price action only for this analysis.
Hope to see if the market will move in the said direction.
Which...
