When looking at the chart above, you can see that BTC has managed to climb above support but in the past few days, it has sold off to the current support zone shown by the yellow line. It needs to stay above this line to remain bullish. If it does move below the line, the next area we need to watch is 32.9k. This area was the previous weekly low set a few weeks...
When looking at bitcoin on the 2hr TF we can see that it has had a very bullish week. With the Super Bowl happening this weekend and a lot of people calling it the Crypto Bowl, many expect this to have a positive effect on bitcoin throughout the weekend. Now we hear that the FEDs have announced an emergency meeting for Monday 2/14/2020 which is right after the...
Bitcoin has been struggling to pass the white diagonal trendline shown since November 2021. With BTC getting rejected multiple times, it's been moving lower and lower and now it's at what's arguably the most important support zone. With that being said, this zone is the perfect area for the bulls to come in and push the price through the trendline shown. Once this...
BTC has formed a new trend after a quick selloff yesterday. This trendline is key when watching the strength of BTC. If this trendline is broken we can expect it to drop down to the lower 30ks and attempt to form a higher low before moving higher. If we manage to stay above the trendline and push through the other trendlines shown above, then that's a good bullish...
A lot is going on in the crypto space. More countries are banning BTC, Inflation, and the Feds playing a role like always... Is this the end of the sell-off? We can see that BTC is at a very important support zone. After reaching this zone price quickly was bought up with a quick 5% pump. In my none financial opinion, this would be a great area too long with a...
When looking at BTC on the 4hr TF we can see that it is approaching the end of the triangle shown. Every line shown is a major S/R zone. Let us watch and see which line will get broken first. If the diagonal line is broken, that will be a bullish sign and if the yellow line below is broken that will be a bearish sign. Whichever break, let's wait for a retest and a...
When looking at ADA/USDT on the daily TF, we can clearly see the resistance that we need to flip into support before this project is bullish again. Based on this rejection, a retest of the $1 zone can be expected. Let's watch closely to see if it will attempt a higher low and push through the resistance shown! Don't trade with what you're not willing to lose....
Saitama had a nice pump after Certik audit was complete for SaitaMask. It had a big sell-off since but has found support right above the red line shown on my chart. Keep an eye on these Red Lines which indicates the support and resistance areas. At this moment, since it's at support, it's looking more favorable to long this project with a tight stop. If we can...
BTC has been trading sideways for almost 2 weeks. As shown on the chart, it's approaching the end of the triangle shown. With that being said, based on previous price movements, it will either have a bullish push to break through the top diagonal line or it will retest the previous lows which might cause the bears to gain more strength resulting in a push down to...
When looking at AVAX on the Daily TF, we can see that is it currently at resistance and is looking to move lower. If this bearish move continues we can expect it to move towards the bottom of the channel. The resistance line shown is key. As you can see previously, that's what we need to close above to continue a bullish move up. Let's watch closely. Don't trade...
When looking at BTC on the Daily TF, we can see after its selloff, that it's currently in the golden zone based on the Fibonacci Retracement Tool. Data shows that this is typically a good area to anticipate a price reversal. It printed a green candle yesterday or in my case blue candle showing indecision and it's looking like it's preparing to move higher. BTC is...
BTC is and has been in a bearish trend. I went ahead and mapped out KEY support and resistance zones with the amount of % shown if it decides to move up or down. Since it's currently at support, I can expect to see a bounce here. If the bulls are strong enough, we can see a push to the next resistance, which is around the 52k area. If the bearish pressure...
When looking at Solana on the Daily time frame, we can see that it is currently trading in the middle of a descending parallel channel. This typically isn't the best time to enter a trade because it is too far away from the area of value. In my opinion, the area of value will be towards the top of the channel which would be a more ideal place to short, or the...
I'll keep this simple. Look at what happened every time Tesla touched the top of this channel. I'll make you guess if a short or a long makes more sense! Love it or hate it, hit that thumbs up and share your thoughts! Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect! This is not financial advice.
Let's wait for this trendline to break before we can expect a bullish push! Clearly, the bulls are having a hard time breaking through but once they do, I can see a quick 5% or higher gain. Keep in mind BTC is still king and if it feels like having a bearish move after Shib breaks this trendline, Shib will go down also. Love it or hate it, hit that thumbs up and...
ETH has clearly broken out of the parallel channel shown and is looking more bearish as the days go by. I've marked on the chart the next support zones to pay attention to. These zones would be the best areas to look to go long. You can also consider a short but with a tight stop in case of a bullish push from the whales. Let's see how this will play out in the...
When looking at BTC, we can see that it attempted to move higher but the bears gained control right away and pushed the price right back into the channel. You can look at my previous post and see. These levels are crucial and with this new covid variant, I wouldn't be surprised if we retest the 30ks again. I think there are too many institutions involved to see...
BTC is looking very bullish. It's been trading at the top of the channel and even though it has been rejected a few times in the past 24hrs, it still looks like the bulls currently have the upper hand. If it can successfully close above the resistance line I can see to moving to around 52k. The new covid variant might cause BTC to dump but at this very moment, I...