prayank23

prayank23

Yes its a shitcoin which solves no real problem in the world. But the chart looks good for a retrace and opportunity to make more bitcoin. Stop loss below 1 and target near 0.618 level of this dump.

prayank23 Updated 

Expecting a bounce from 0.618 region marked in the chart. Why target 6? Because that will be 0.618 (approximate)retrace of the dump from 8.5 BNB has a similar chart on daily time frame when it started trading few years back.

prayank23

A long setup comparing ETHUSD 4h with XAGUSD 4h

prayank23

I expect price to dump to 9000-10000 by the end of this year and then breakout from weekly ichimoku which already has a bull tk cross and bullish kumo twist. Bullish long term but expecting one more dip in next few months.

prayank23 Updated 

Entry: 9000-9300 Exit: 7700-8000 Stop Loss: 9700 The falling wedge drawn is speculation and will only be confirmed if we see dump from 0.618 to targets in this short setup Would have considered volume if we had no halving drama and volatility for few hours

prayank23 Updated 

- Comparison with 2016 - Support levels on weekly and above time frame - Bbands squeezing on weekly - Bull div - Falling wedge - Reversal on 1h time frame yesterday - Bullish engulfing and good volume on daily tf - 0.008 is resistance so it may take few days of consolidation and another dip before any major breakout Not a Financial Advice. Have marked two long...

prayank23

Based on resistance I see on 4h and daily ichi

prayank23

Based on resistance I see on ichi 4h and daily, also order blocks Target most probably below 0.05 so 30% move expected

prayank23

Comparison: 2014 Consideration (Indicators): Ichimoku, Bbands, Smoothed moving averages 50-100-200, Volume, sRSI Along with analysis my gut feeling says price might go near 8k from a local bottom here and still continue the downtrend to make a new bottom in coming weeks. This is not a financial advice and just my observation. I hope my analysis helps you...

prayank23

Long entry based on support levels Target based on next major resistance SL based on break of key support level

prayank23 Updated 

i.imgur.com

prayank23 Updated 

Will this triangulation of 4h MACD still be valid and it will cross up soon after marking the new local bottom?

prayank23 Updated 

I would place my bids from 7750 to 7200 scaled in increasing order and long here, has good risk/reward That falling wedge, order blocks, fibs, over bearishness in market etc. aligns together for a short term bounce here Might add more if it dips to 6800-7000

prayank23 Updated 

will have to wait for this hourly candle to close for confirmation

prayank23

Dont rely on this alone in my opinion you should also check 6h,12h,1d,3d and weekly ichimoku with bbands to get an idea of where exactly the huge resistance levels are and trade accordingly 3day and weekly candle closes today in about 9 hours from now

prayank23 Updated 

Scale orders between 10300 to 10600 Take some profit near 11-11.1k and keep the rest open Use bitmex scaler to scale your buy orders accordignly chrome.google.com Join my Telegram channel for more updates on charts and analysis related to bitcoin & few altcoins

prayank23 Updated 

'Corn' already broke out on hourly and looks good for breaking the 11.3k resistance, this can be a risky trade however if someone is going long here Target 1 should be 11.3k and Target 2: 11.7k I am expecting a dip once it hits 11.6-11.7k resistance and if the 11.3k or 11k support holds followed by a bounce we might see the biggest breakout we all have been...

prayank23

For now, I think it has potential to pump more in next few days and good time to take profits for those who bought/longed it earlier. Will look at the charts on Monday after weekly close to evaluate/analyze if there is a good short setup possible for short term If I ignore the volume and chart based on fractal and RSI, then the below chart also makes sense....