Here we have another Cryptocurrency trading pair that is exhausted on the bullish side; a classic irregular correction is now in the making with the end of wave b coming in now. As wave b is completed, the start of wave c opens the doors for a SHORT. ➖ The signal here comes from the volume. Notice how trading volume is much lower now compared to March while a...
We are back with Solana coin, where we see that another attempt of breakout has turned successful and price has broken the resistance. We now keep an eye on that broken zone, as we have two possible scenarios from here: 1) If we secure current zone, then we will move further to upper zones (towards next resistance) 2) If we fail to secure and have a fakeout...
Bitcoin is in a tricky place right now. The fear and greed index has cooled off massively and now sits at a neutral score of 55. General sentiment is very poor and after nearly 2 months of sideways action traders/investors are getting restless especially after the promise of price rally post-halving, but is there any positive news? The chart is pretty clear, HTF...
he price has finally hit the daily resistance DR1 and that triggers my short trade idea from there. I think the price will pullback here towards low timeframe support LTFS1. Therefore LTFS1 is the target of this short trade. Lets see where it goes from here. Let me know what you think in the comments.
Solana (SOL) has defied the recent crypto market slump, surging nearly 15% and reclaiming the crucial $150 resistance level. This positive momentum has analysts excited about the possibility of further gains, with $204 emerging as the next key hurdle to overcome. Breaking Through Resistance The recent SOL price increase follows a period of consolidation. After...
This is an update to the analysis you see in the "Related Ideas" section. Before anything else, you should know that in the previous analysis, we warned that the momentum pump is high and we need confirmation to take a sell/short position. No bearish confirmation was issued and the new daily candle closed above our invalidation level The previous analysis was...
Dear Traders, BINANCE:ETHUSDT price completed AB=CD pattern and it is on the course to rebound strongly and take price towards $4500. Price has been ranging since last few weeks, however, price is gathering and accumulating the volume. So it will likely to distribute within the next few weeks. So get ready and use accurate risk management to get the best...
Bitcoin is forming this bullish flag pattern on the daily chart, and we have a lifetime opportunity to buy Bitcoin at the bottom of the flag. What's more, we have a long-term trendline starting in October 2023, which is another reason to buy Bitcoin in confluence with multiple technical indicators. A lot of people are calling for Bitcoin winter, but I don't think...
Same indicator as the previous chart image share of BRK.B. Ethereum shows constant selling pressure using an imaginary indicator of type that may or may not be of any reasonable concern. This information is not meant to determine whether to buy or sell. It is a fact that there is more selling going on than buying yet the buying for some cryptocurrency and some...
SHIBA Inu has seen a nice retracement, but now it may be time to it watch closely! If you're looking to trade SHIB at the moment, here's a quick setup that you might find helpful! The idea is: Buy when the price breaks above 0.0000249$ and take profits at the levels shown in the chart. Targets: 1. 0.0000255$ 2. 0.000027$ 3. 0.000028$ 4. 0.0000293 ...
Hi. BINANCE:BTCUSDT ✅Today, I want to analyze BTC for you in a 9h time frame so that we can have a short-term view of BTC regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). ✨After the fifth bullish wave, BITCOIN has completed his corrective waves (ABC) and now he has reached the...
💎 Paradisers, #MKR is indeed a coin worth monitoring closely. 💎 Currently, there's a potential for the price to retest the demand area around 2530 - 2400. Historical data suggests that MKR tends to bounce consistently when reaching this demand area. 💎 If this pattern repeats, MKR may test the resistance trendline after bouncing from the demand zone. 💎...
i am picturing two scenarios for eth, it is still under the 200 ema, and a falling wedge is formed. with the news of etf eth coming soon, i expect a breakout, but first i need it out of the wedge to fully confirm its breakout. it could also play around 2800 area before a clean breakout. i will follow the spot btc etf story pattern as guide(few days time). be...
XLM is trading just below the all-time Linear-Scale 0.886 Fibonacci Retrace after Bullishly breaking out of a Falling Wedge in what seems to be a part of a much bigger Cup with Handle pattern that can be seen in the Log Scale chart. If the Full Logarithmic Target is reached we will see XLM make a move towards $23.35 in the near future which aligns with both the...
As the cryptocurrency market gears up for a potential alt season, savvy investors are positioning themselves to capitalize on the gains of altcoins. This article will explore six promising altcoins and the significance of sector diversification in maximizing returns. Be Greedy When Others Are Fearful, Fearful When Others Are Greedy: This timeless adage by Warren...
If the premise of a trend reversal is going to come to pass we need to see rejection of the attempt to trade at a new high. The breakout looks much more promising now but when you look at a lot of tops you find many of them have wicks slightly above the high. I believe these are referred to as "One tick traps" (I just call them stop hunts). If the breakout can...
#BNBUSDT | 4 HOUR TIMEFRAME UPDATE We can expect that #BNBUSDT will come to the zone of $577.80 - $568 (the grey area that you see on the chart). At that grey area, we can look for confirmation ✅ to open a LONG position. The target of this UPWARD movement is to reach $593.70 - $603 - $613 - $625 - $648 🆙 Invalidation below $560
To make the bullish continue BTC needs to hold above 65K or else it goes for the retest of EMA200 around 63000-63500 in 4H.Daily closing also interesting to watch.