BTC regardless of what has been said in news etc. has no power to push price higher. Every attempt to go higher meets strong bearish candle. BTC is still trading in channel. In my opinion the BTC will try to breach 30k again in near future. It might be short lived but whatever will happen it should established some more reliable support . This chart for time...
Very simple setup for 2.6:1 Reward/Ratio. Let me point out the most important signals here and we have quite few on current chart: • 200 Emma stopped further gains against dollar • Followed by long bearish candle accompany with shooting star • 50% of retracement after mayor drop. The TP area is within the channel in which silver is traded for the last year.
... I am still short in DJI unless it will go above 35k and stay there for a while. Current candle formations suggest to me further downtrend. This white candle which may suggest sudden north direction seems to me fake as wedding cake... I would consider closing postiion when it will touch the EMMA
This is possibly the most important chart you will see in Q2 of 2021. …again, this is just my humble opinion. This is another attempt from the Reddit community to manipulate the market, Big Bank style. The stock now displays traits of cryptocurrency altcoins. Please do not be fooled by the big players influencing the market, because the same rules apply to every...
... Today we witnessed the first attempt for BTC to go below, in humble opinion it is normal scenario and it should create fake signal for uptrend. I suspect that when BTC went below 30k it wiped out loads of stop losses which pushed price higher. 200 Ema should dump price in next weeks or days. Be aware that full moon is in next 4 days which is very important...
Entry based on simple principles: 1. Very clear three white soldiers formation on 4H chart 2. Rejection at 50% of Fibonacci levels 3. Also it bounced from solid support which wasn't breached since mid of April
Entry based on simple principles: 1. Very clear three white soldiers formation on 4H chart 2. Rejection at 50% of Fibonacci levels 3. Also it bounced from solid support which wasn't breached since mid of April(Bigger picture chart in link)
…I am aware about my writing skills but I prioritise here information rather than oratory.. ... current south movement is nothing else like correlation of the coin with rest of the market. While all the other ones are losing vs BTC for some reason Hbar is defending 500. I'm looking at correlation with ADA NANO and WAVES. All three of them are depreciate vs BTC...
...this place I market with the Hbar/BTC value is the place where someone bought it for 10 mln Hbar after announcement about Hbar is being involved in digital fiat currencies. apparently this place is holding nicely and it is pushing value of Hbar vs BTC is going up in very nice fashion
...Very simple setup, strong movement south and than consolidation for some time, be aware that Emma here is holding any gains nicely. This price action strongly suggest that further downtrend should be continued... R/R ration is healthy and it is close to 2.
Based on my previous ideas I'm patiently wanting for another solid drop of BTC. Hbar price in USD is 16c while I am writing. HBAR/BTC is holding 500 and it can stay like this for some time I assume. I would not be surprised when it would actually go above 600 and further. I see potential for price to drop below 10c or maybe below 5c, which would be great...
Very simple setup 1st wave of downtrend finished at 30k level and entered the channel which should create wave 2. It is highly probable that the pair will go out the channel same as as it did enter it. 200 ema very nicely pushing price lower with combination of magical round number 40k.
It is very rare for any pair on financial markets for sharp movement to not carry on the same direction. ... this short consolidation should take a little and pair should exit channel the same direction it entered it which is down... I tried to illustrate most possible outcome This chart is sharing similarities with BTC XRM ETH to name few.
Very simple entry GAP is holding any gains on 1H we can see rounded top with multiple Doji candles TP area is set up close to recent lows All this is aligned with Fibonacci 78.60%
… few words from person which is watching this market for over 5 years and looking for long term patterns based on fundamentals and utility not the promises of the founders. I am not going to put any technical tools as they are useless when chart is couple of months old. Technicals are using in grown and harmonic markets. In 2016 when I got interested in...
...if yes this is very nice sell set up BTC have very bad time going above the upper the upper support of the channel. Daily is below the 200 Ema and so does the 4H. 40K is defended very nicely I market prices on the chart of the first wave the second one seems to be a channel I would aim for 20k 16k the demand zone. it is probable but there is a still...
Very simple entry 200 Emma was respected on 4H and 1H chart. We can see here very nicce bounce and strong bullish candle. TP is slightly below 2500 as it may be are where pair will go further down and could erase all gains.
See my other idea linked below. Solid buying zone and even if the BTC price will go down the NANOBTC should keep price higher. Also price of BTC can bounce from 30k so it will fuel price of NANO even if NANOBTC will stay in place.