natef1

natef1

Hello Traders! Here is my analysis for BTC. - As expected BTC dumped today, almost hitting the $37.2K target I had projected. - BTC ended up stopping at support at around $37.7K. - Not a lot has changed, BTC is basically continuing to range between this large falling wedge pattern. What does this mean for Bitcoin? - I'm expecting another bounce, in fact I...

natef1

Hello Traders! This is the first post in my educational series, today we will be talking about Bull Flag's. - I've basically detailed everything that you need to know in the chart so theres not much more to say. - The only crucial things you need to know are... ** A Bull Flag is a bullish consolidation pattern. (Means price is preparing for the next move up) **...

natef1

Hello Traders! First off, If you have any questions feel free to comment or message me. I know trading can be difficult and I would rather you message me about a trade setup than make a mistake and lose out. I'm pretty good about replying so I'll try and get back to you as quick as I can! **As I'm sure you are aware, Bitcoin had a nice pump today from the $38K...

natef1

Hello Traders... Here is my analysis for Ethereum. First off just to update everyone, I am currently not in any trades. I am wary of market conditions and am waiting for BTC to show definitive directional bias. Now onto ETH. - ETH was recently trading in a Bear Flag formation. The formation was broken a few days ago, however price was still above the local...

natef1

Hello Traders, Here is my analysis / Trade Setup for CRV/USDT CRV is one of my favorite cryptos to trade. When it is Bullish it often has strong momentum as well as predictable formations. ***Personally I probably won't enter this trade due to my conservative nature and wanting to keep cash free for other trades I have in mind and incase BTC tanks. But this is a...

natef1

Hello Traders... Today I am showing you support levels for Bitcoin. - To be a successful trader you must always be thinking ahead... - Each day I go through the Cryptos I trade and update the charts with any new levels, patterns and formations that may have developed. - This is a habit you should make for yourself as well. - Including the support level BTC is...

natef1

Hello Traders! This is an update for LUNA. As you can see our Short entry target level of $103 was not met today. In my last post I stated that LUNA had to hit the $103 target in the next couple days for the Short to still be valid. *IMPORTANT NOTE* - The Short is still Valid at this point. If LUNA forms Bullish consolidation and slowly trends up and hits $103...

natef1

Hello Traders, This is just a quick update from the LUNA short trade entry post I made a few days ago. I also included the entry and exit points from the last LUNA long setup I called just for reference so you can see the consistency of technical analysis. - The trade is still in play as of right now. - LUNA came very close to hitting our entry target today. If...

natef1

Hello Traders, If you follow me and happened to view yesterday's analysis of Bitcoin, you can see that our target level of $42.8K was hit almost spot on with only a quick wick above it. As predicted BTC got a rejection of that level and pulled back to the $40K region. So what's the next move for Bitcoin? (Short Trade Setup) - I believe the next target for BTC is...

natef1

Hello Traders, Here is my analysis for Bitcoin over the coming days/week. This analysis is on the Daily chart, I wanted to show the overall Macro trend to help you better understand why I am still Bearish on Bitcoin. First let's start with the short term targets. - As you can see there are 3 local resistance levels in the current range. We already hit the 1st...

natef1

Hello Traders, If you take a look at the last trade entry that I posted, it was a long setup for LUNA. As you can see LUNA got a bounce as expected and hit our target profit level perfectly. Being as LUNA was one of the most oversold coins in cryptoland it was only a matter of time before a large bounce came... But what's next? - I think LUNA is heading for...

natef1

Hello Traders... Here is my analysis/ trade setup for LUNA. As you can see LUNA has had an incredible pullback recently. As of this post LUNA is down nearly 33% in the past 10 days. Due to this massive decline in price LUNA is overdue for a rather large bounce. The question is, "Where will this bounce occur from?" -There are 2 levels that I have my eyes...

natef1

Hello Traders... Here is my technical analysis for Ethereum. -1st) As you know ETH's performance depends upon BTC for the most part. In the short term I'm expecting BTC to bounce to $42,300 roughly. In which case ETH would probably bounce as well and invalidate this TA. But in the case that BTC does not bounce and drops to $36K-$37K, the probabilities favor ETH...

natef1

Hello Traders Here is a visual representation of the Bitcoin trades I've entered in 2022. As you can see I primarily swing trade using Key support and resistance levels. Trading successfully is about entering trades that have the highest probability of playing out in the direction you intend to trade. - Trades that typically have the highest probabilities are...

natef1

Hello Traders Here are 2 Long trade ideas for Bitcoin for the coming days / week. Trade 1) As you can see BTC is currently trending along a major support line. Yesterday I exited my short position from $47K, turned around and opened a long position at $39.2K. - 1st let me start by saying I am still Bearish on BTC although I do believe BTC will bounce at this...

natef1

Hello Traders Here is my analysis for Ethereum... ETH is forming a Bear Flag. Right now it is still technically immature, however if it continues to follow the channel it has been trending between then soon enough a mature Bear Flag will form and the probability of a break to the downside greatly increases. What is the next target for ETH? - If the formation...

natef1

Hello Traders, Today I will be discussing the formation of a Bear Flag and what this means for Bitcoin. - As you can see on the chart BTC has been consolidating in an "Ascending" parallel channel since January. 1) An ascending formation is typically a Bearish signal. 2) In conjunction with the downtrend from the highs at $69K in November, this creates a bear...

natef1

Hello Traders, This really goes to show how amazing technical analysis really is. The fact that over the past 4 months, 4 major trend lines have developed and converge at that exact point, which we are on track to hit is quite amazing. The confluence here is remarkable, all signs lead BTC to $40K. Now of course nothing is guaranteed in trading, but when you have...