First, before we get into the long-term BULLISH aspects of Solana as a whole, let's just take a look at the chart... Here we are looking at BINANCE:SOLUSD on the 4HR and we've had a 40% drawdown from the TOP that occurred on Sept 9th. Pullback here is healthy and expected after the massive run-up. We see buyers stepping in between $150 and $130 range,...
Looking at BITFINEX:XRPBTC on the daily here. There are certainly some gains to be made on this XRP rally, but the possibility that this could reach again for the ground floor and beyond before the ultimate rally commences is one you should always consider and be prepared for...
The world is on fire! Bitcoin is DEEAAAADDDD! LOLZ Here I'm looking at COINBASE:BTCUSD on the 4HR and I really only see 2 possible scenarios after that massive dump. 1. BULLISH-We bounce out of the SHAKEOUT sweet spot (-30% to -40% which is from $9650-$8250), a healthy and needed correction and we charge onward and upward. Any bounce before this zone is highly...
I have an opinion which way it will go, what's yours? Markets don't care about our opinions, so we trade what it gives us. Here we have COINBASE:BTCUSD on the 4HR. This is a very simple plan to follow, BUY or SELL the retest of the triangle breakout. We saw this pattern as a continuation pattern in 2018 from the bear market, before the drop to 3200. Will it be...
Almost completely identical, will it play out the same way? I think so! COINBASE:BTCUSD
Just a quick look at COINBASE:BTCUSD on the 3DAY and the normal consistent corrections in a BTC bullish run, the pullbacks allow for the advance on to the next level. Also, they shakeout the weak-hands. Profit both ways. You can be bullish and be in a bull market and short.
Longs getting rekt, then shorts will get rekt and most will get left behind. Looking at COINBASE:BTCUSD on the 3 DAY, because the big profit is in the broader moves. When you throw a tennis ball hard at the ground, does it bounce higher than where you released it from? -It's gonna come down even faster than it went up, and if buy orders aren't in place...
Head and shoulders pattern breaks downward on NASDAQ:QQQ , looks like much more coming to the downside (short and long term).
BINANCE:AIONBTC on the weekly found a new ATL last week and has surged back with Volume this week, creating the possible bullish engulfing pattern on the weekly (still yet to close and confirm). At immediate resistance now, with EMA 10 and 20 still to get through. 6 month long Bullish Divergence, when it's ready it should fly through resistance easy IMO.
First, I'll start by saying this is a fun chart scenario but at the same time absolutely possible! Secondly, the fact so many people will doubt it's possibility and will sit on sidelines as it crushes previous ATH is what could take it there (Plus, institutional FOMO). Thirdly, for what Bitcoin can actually be and the Market Cap of Wealth it could and should...
Here is BINANCE:TNTBTC on the 4 HR Chart. After a massive move and deep retrace back to a long term horizontal support and resistance level, wouldn’t be surprised to see another huge move from here! Especially if BTC consolidates, slows down or pulls back after its big move yesterday.
Just Watch This DEVELOP...it's all on the CHART for BINANCE:BATUSD Bigger the time frame, clearer the picture. Share your ideas and opinions, do you see what I see?
After a full retrace, BINANCE:BTTBTC has come back to life! Here on the 12HR Chart we can see BTT reaching for the top side of the Broadening Wedge. I believe we have much higher probability to continue north and above 21 Satoshis it could fly. The volume and momentum look great, plus ATH's against USDT/USD. How high can it go against BTC in your opinion?
BINANCE:XLMBTC on the 6HR, we have a short term pennant forming. The pattern and level is shown clearly, continuation flags and pennants have targets the length of the flagpole.
As we can see here on the BINANCE:XLMBTC 4 HR chart, bullish divergence, hard bounce and follow through with confirming volume. If 1500 sats gets cleared easy, it could really move fast.
The daily just closed above the 50 EMA on NASDAQ:SQQQ . Last time marked in yellow circles, the very next day went +13%. Not to mention, Proshares has annouced on May 24th for every 4 shares of SQQQ you'll recieve 1 back at 4 times the value. This is an even trade, but people will be buying or selling to have a quantity divisible by 4 (likely more buying than...
Looking at BNC:BLX on the Weekly, we can see the only other time the 50 EMA crossed the 100 EMA. There was a quick retest and then it was off to the races. Those waiting for sub 5K for re-entry will likely be buying your bags, unless we have one more trip to the 200 Weekly EMA around 4300 (which i believe is least likely). My best guess is one more short...
Profit from volatility... Here we have AMEX:VIXY on the 3 Day chart. We can see very strong support in the low $20's that has been tested 3 times and bounced hard to the north over the span of a year. Simultaneously, all major indexes are showing major weakness in uncharted territories and extremely overbought. My recommendation entry up to $27 Take profit...