BE CAREFUL WITH THIS PAIR SINCE IT HAS HUGE UPSIDE POTENTIAL! IF BTC PRICE DOES NOT MAKE SHARP DOWNWARD MOVEMENT AND BTC DOMINANCE KEEP GOING DOWN, WE COULD EXPECT SOME MONEY TO GO FROM DOGE TO OTHER ALTCOINS. ONE OF THEM IS XTZ. IF PRICE CAN CLOSE ABOVE 1196 SAT NEXT TARGET IS 1327 SAT. AFTER THAT IT IS REALLY ABOUT VOLUME OF BUYERS. IF THIS PAIR HAS...
Price formed a M type movement on BB which is generally a bear sign. Also price movement is in a clear downtrend lately. We are at an important resistance area which consist 20 day ma, 100 day ema and %61 fibo level. If we breakout above 22.90 usd area and close couple candlesticks in daily chart, we can be optimistic about ATOM. But for that to happen we...
RESN is a 5g company. 5g is an area which is logical for longterm investors. In the short term, RESN seems to have a huge price action to the downside for couple of months after a huge bull rally. There is not a lot of volume lately and its decreasing rapidly which is a problem for price action to create an uptrend. RESN definitly need more volume if its to go...
I really do think in couple of months, or more, ONTBTC will fly high rapidly. Price is just forming a cup and we will definitly go long in the long term! Do not miss on this! Always have your stop lose! SL is 2666 sats. Have fun!
Dogecoin has an insane run over the past few months from 23 sats to 700ish sats. Doge also caused the last week btc retrace because all the money went to doge from btc. That is why when all crypto markets falling dogecoin was rising. But now markets are getting less volatile and dogecoin seems to enter a consolidation period. To be honest i m expecting price...
Bnb seems to not affected by much needed retrace in crpyto markets which is not a good sign! One should be very careful with bnb trading if they are long bnb! Bnb is very close to the ATH area and highly overbought right now. Volume is decreasing a lot lately and BTCUSD pair is trending downward hard. Therefore one should not buy from this area and should...
On my previous idea i mentioned that if we brokeout below 54500 area with good volume we could go down more. Right now we are at 100 day ema area around 49k usd. One can be expect that if price action broke down below the 100 day ema price can go as low as 43500 area. Right now rsi is at oversold zone and volume is decreasing. It may mean price action can go...
As i mentioned in my previous idea i was expecting a breakout to the upside around 2359 area if we could breakout 1600 sat area. You can check my previous idea from down below. But from there, price bounced down because BTC having rough couple of days and of course it needed a price consolidation after such a huge run over a year! If btc price doesnt drop to...
Neo does not seem to affected by yesterdays sell off and we are at a important price area between 1600 sat and 1530 sat! Neo is in overbought area daily and volume is decreasing. But not going down a lot in market sell off is always good sign. If we can hold couple candle stick in 4h chart between this area and volume start to rise i expect price to go much...
For the last couple of months, it looks like price action occurs in a channel for DSS. To be honest i do not expect for price to bounce back from lower line of the channel. It looked like price action form an M pattern on bb which is a bearish sign. Also the real problem is here that there is a sell off in small caps along with broader market. DSS is not a...
Btcusd doesnt look so good but like i said before we had a huge parabolic run and we need a retrace in price action. This kind of price action can not go on. One think it can when one is in the middle of a parabolic run and winning huge amounts of money but it is a delusion. We had a ascending triangle which price break downward with volume decreasing which...
Look at that btc chart on weekly basis. This is a parabolic run! Do you really think this daily retrace is bad? We could lose %50-60 btc value in couple days if this kind of growth continues. We need a price consolidation like we see in weekly chart and sometimes retrace is needed in order to avoid huge sell offs! Price action needs to cooldown a bit.
Bnb had a huge price action for maybe over a year and in the last couple of months. Bnb price doesnt affected by the market sell off and still consolidating for the last couple days with lower volume. To be honest i really think bnb should go lower before another price spike because it went parabolic and need to chill a bit. I m not buying from this area but i...
Last couple days xrp goes a parabolic run and it needed to goes back and consolidate for healthier price action to the upside. I mentioned this on my previous ideas on XRPBTC. I sold 5-6 days ago all of my holdings and was expecting this move. Probably market selloff makes it easier this action to happen but nevertheless it was needed. Volume was decreasing...
SXPBTC has a strong resistance/support area around 6800 sat which is brokenout to the upside with good volume around 2 weeks ago. Yesterdays sell off does push the price down below that area but it goes back up therefore im optimistic for the future. If we can hold the green uptrendline, price movement can go a lot higher with %500-600 return to the ATH. Price...
Couple days ago i mention in one of my ideas that i expected a much more agressive move to the upside or to the downside with much more volume when we broke ATH around 61k usd. To be honest i wasnt expecting this kind of price movement to the downside but this is crpyto markets so one shouldnt be suprised by this and always be prepared with ones orders! Price...
There was a huge sell of couple of hours ago and every single coin got affected. There could be some oppurtinities to buy in some coins! Avax could be one of them! It is definitly not buy right now but it could be. Right now uptrend line seems to be broken but downside momentum does not seem to continue with good volume therefore we should wait a little bit...
If gold can close above 50 day ema and 1761 resistance area i think future is bright. One should not forgot that technical analysis is just 1 part of the invesment decision. Especially when it comes to gold since its affected by many things such as rates and inflation. Right now fed claims that there is no inflation to worry about nor need to increase...