the_dailytrader

the_dailytrader

Hello to everybody! Let's check bitcoin. After two months consolidation we are close to important trendline. Normaly you can see nice short setup, we have bearflag, we are below daily (weekly) trendline, so its nice short wiht good RRR. BUT!!! I saw this situation on BTC many time. It goes still slowly up, everybody taking shorts and then big pump with many...

the_dailytrader

DXY This chart shows us how strong dolar is. When dolar goes up, stocks, crypto, comodities goes down. DXY had top on 105, from this was a nice rejection. The trendline was broken and everybody was waiting for pullback to suply zone around 103-104. DXY broke this level and is going still up. Currently trading above 105,5. Bearish scenario on DXY means =...

the_dailytrader

Hello traders! It is time to be bullish on SP500 and US stocks? Yes, BUT. There is possible pullback to 4450 - 4600 but on this leves you should be very careful. Reasons 1) Trendline 2) Strong resisitance level 3) Fiboretracemen 0,618 During summer are many traders out of a market and the volatility is lower then usual.

the_dailytrader

Hello to everybody! Today I will show you how USDT.D (dominance of USDT) works. When USDT.D goes up, Btc is going down. Top of USDT.D was on 7,26%. From this top was nice rejection. Today is USDT.D testing white resistance tredline. When rejection come, then BTC and all crypto market should go up. You can also check bullish divergence on RSI and the volume...

the_dailytrader

Hello to everybody! I am waiting for the break of the red trendline. When 4h candle close above 65 USD, then could DASH go to 70-75USD. Check my long setup.

the_dailytrader

Hello to everybody! Two steps are important for next run up on bitcoin. 1) Daily close above 31 500 2) Break bearish trendline and close above 33 700USD

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the_dailytrader Updated 

Today I would like to show you my setup for the short on ETC. The entry is based on daily resistance and price action.

the_dailytrader

Hello traders! Today I would like to show you how to trade according to the volume profile. The volume profile is another indicator and it shows the market behaviour each price levels. Now (the price 29 300) in on the bottom of current market profile. It is the last support before next dump. In case of the dump is next suport around 23k and 18k. The rally up...

the_dailytrader

Bitcoin vs BTCUSDlongs Lets check very interesting similarity. During the summer 2021 we had a downtrend on BTC, but lonsg on Bitfinex were growing! On Bitfinex are trading whales, the reason for the grow on btclonsgs is very simple. Big players need some time for the entry to the market with big positions. They are accumulate positions for a long time. Now...

the_dailytrader

Bitcoin on the weekly chart. We have 4 weeks in red numbers and we are in the fifth one now. If price goes down, it's always better to look on the higher timeframe. On the weekly timeframe you can see one strong support around 38k and strong resistance around 47k. If bitcoin is closed in this range than is hard to predict some furutes move. Some big crash to...

the_dailytrader

Netflix During after market hours Netflix lost -25%. I will be lookig for entry below 200USD. On the first level around 255USD should be some reaction, but it's still expensive for me. The level around 189USD is much better and there I will have small entry. The masive reaction I am expecting on the level around 117USD - it's also -80% from ATH.

the_dailytrader Updated 

Hi traders! I have next tip for you. MINA This is another secret coin like XMR and ZEC. On this coin is potential for 100% and more clear profit. Currently above bearish trendline, the buy volume is good and retail don't know about this coin. Targets 5-6USD, in case of bullish reaction go for 300-500%.

the_dailytrader

DOGE I am taking long position on this 'meme' coin. This coin didn't have alt rally like other coins and now is on the strong support level and above bearish trendline. Take profit 1 - 0,19 Take profit 2 - 0,24 SL - daily close below 0,1

the_dailytrader

Mirror Protocol Currently after long consolidation. This small project has a big potential and 100% and more is still possible. The price is above the bearish trendline. The numbers of Hodlers is also growing. The volume is also growing. Time to entry. Targets: 2,5 3,5 4,5 6,4

the_dailytrader Updated 

Based on the technical analysis this is good long setup. Coin is above bearish trendline, has long consolidaton and the volume is growing. First target should be around 0,63USD - there is also fibo level 0,382.

the_dailytrader

Hello traders! This is the total market cap. Based on price action is this chart in consolidation. The price (total money in crypto) break bearish trendline and is growing. Many investors stoped sellig. In bullish scenario should the total cap go up to 2,08T and maybe more to 2,43. Is important to monitoring these levels, bcs from this levels could come a...

the_dailytrader

Hello to everybody! Check this altcoin. It looks amazing for the long with good RRR. Currently above bearish resistance, RSI is above 50, buy volume is growing. Go for 390USD - there is also fibo resistance and strong POC level.

the_dailytrader

Hello to everybody! Today we will check ETH. The main power of ETH is NFT market. NFT market is in ''bearmarket'' last days, so it could be also bad news for ETH. Technical analysis shows us strong support level between 2300-2100USD. For next move up is important to stay above this level and break bearish trendline. RSI indicatos on daily chart is still...