Not much to write. Just how I am expecting LINK price to be moving - I don't think this halving has much (upside) effect on crypto prices as we are at the start of another economic crisis (at least it seems like it). If the US future markets plunge, BTC will follow. I am betting on short here.
Scenario 1 (green) - the grey area gets passed and BTC heads towards the next big resistance @ 7K.
Scenario 2 (red) - top line of the triangle (grey) acts as a resistance and BTC heads back to 6K.
I am leaning towards 2 scenario and opened a small short @ 6530 with a tight stop. However, 4hr RSI chart shows that there is still some power left in that movement so...
The price has been moving in a small descending channel. The area to watch is marked with green on the chart, if we have a strong breakout @ 1.5 area then I'm expecting more upside. The main targets in that case remain the same as in my previous analysis (with minor corrections). That is, of course, if BTC behaves. In my opinion RSI supports my idea of more...
Lot's of uncertainty right now, however it seems like the price wants to go lower. Expecting BTC to hit resistance at the 6300-6350 area and maybe a small rally afterwards to 7Ks. My idea can be seen on the graph. Let's see!
Good luck trading!
Feel free to leave comments and share your ideas.
Expecting ETC to break out from an ascending channel. The area to watch is around 5.3 USD as it will be acting as a resistance. If it flips the area I see a great chance of hitting low 6. My target then can be seen on the graph.
Good luck trading!
Hit like if you agree with my idea. Comments are welcome.
This is not a financial advice.
Potential move of XTZUSD to 1.8 USD area. In my opinion the price has been moving in an ascending triangle and the high area (around 1.8 USD) needs to be tested again. BTC 5800 seems to hold as for now which is also a good sign.
Although the pre-market of US Stock Options looks appalling at the time of writing, I am expecting a rebound which may...
The price has been moving in a bullish flag on a 1h chart. Expecting a breakout above high and the rally to continue. The targets could be seen on the graph.
If you like my idea, hit that like button, that would be much appreciated. :)
It's either rise to the 24-27 sat area or retrace to the 14-12 sat area. I think the bigger possibility is the rise as BTC is making bullish moves lately and also Pundi X Labs announced the new return rates (around 11%) starting from the March.
Good luck everyone!
When looking at this daily chart my opinion is that BTC is either way going to test that 3000-3300 area first to test the support once again. From that point what happens next is...
A)support breaks and the price is going to keep falling down to 1900-2100 area where there's another support, then breaks downtrend and tests 3000 again. According to the RSI...