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Alltimehigh

US100 - Potential Bearish Reversal Soon!Hello everyone, if you like the idea, do not forget to support with a like and follow. US100 is sitting around its All-Time-High and round number 14k so we will be looking for sell setups on lower timeframes. on H4: US100 is forming a channel in red but the lower trendline is not valid yet, so we will be waiting for a third swing to form around it. (projection in purple) Trigger => Waiting for that swing to form then sell after a momentum candle close below it. (gray area) Until the sell is activated, US100 would be overall bullish and can still trade higher. and of course, as it approaches the lower blue trendline from Daily, we will be looking for trend-following buy setups. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
U
by TheSignalyst
14
Bitcoin back on the upswing?Over the last few days bitcoin has shown us a number of reasons to indicate that this short term down swing has reversed. The good news is that: Bitcoin has broken out of the triangle to the upside The MACD's histogram has been moving in a positive direction since the 19th of May The RSI left oversold territory and has stayed above 30 - indicating upward momentum The MACD has crossed the signal line - indicating upward momentum However, the $40,000 line is not only a historic resistance level, but it is also a psychology significant number. It would be great news if we were to break that 40k level. And as we have learned about Bitcoin, the news can have a MAJOR affect on the price of bitcoin. There is also the 200 day MA to contend with. There will still be bearish sentiment in the market as long as we are under that level. We are "In a bear market" according to many. So if Bitcoin does not break 40k, and does not break the 200 day moving average, than we could see another retracement back down. This is all in the short term though. Since the beginning of the year and continuing now, there has been huge institutional investment into Bitcoin. I am not sure where bitcoin is headed in the next month or two but, I'd be shocked if it does not hit 100k by the end of the year. Thank you for reading! Please check out my guides on how to read different indicators linked below. Be sure to Like, Comment, and Follow for more!
by zsamochin
6
ADA/USDT - Short Term Prediction - Next All Time HighHi Everyone, Cardano(ADA) had a price correction after its ATH but can observe a stable growth in an ascending channel even during a market crash. ADA has tested its resistance level 1.8 area twice and has created an ascending triangle pattern. Price level 1.4-1.5 level can be the next support area for ADA as per the triangle and Fib retracement if ADA is unable to break the current resistance level. However, in short term, ADA has a possibility of reaching 2.4 or the next ATH. Open for reviews, opinions, and feedback.
Short
by Rawana001
3
LTC back on the upswing to a new ATHIt has been a rocky week for LTC as it has moved down a good 30% from reaching its ATH. This is to be expected though in the crypto markets and nothing to really worry about considering we are still in a bull market. LTC has been trading inside a nice upward moving channel since October of last year all while mostly staying above the 50 day MA. The RSI has been making higher lows and the volume has been, on average, a lot higher since the end of March. Barring some FUD Elon tweets that could cause a temporary price dip, or a major BTC move, I see don't see a lot of reasons that LTC will not continue to rise based on the cart. I would like to see the MACD cross above the signal line on the daily chart. This is really the only bearish sign on this chart. Perhaps even this is going to change soon because, at the time of writing, the histogram seems to have turned towards increasing. This might not be the fasted play ever, but I think it is reasonable to say that LTC will be above its old ATH and at $450 in the next couple of weeks. _______________________________________________________ Thank you for reading, please like, follow, and comment! And don't forget to checkout my indicator guides below. More coming soon! Trade at your own risk.
COINBASE:LTCUSDLong
by zsamochin
2
STRAX/BTC Update: Bullish H&S breakout. Upwards we go Stratis did a bullish breakout from the Head and Shoulders pattern. We even did break the first resistance line and are currently consolidating above it. If we manage to hold above the old resistance line and turn it into support we can expect further upwards movement. Checkout the twittersite of stratisplatform which is very active. Basic rules: - Never buy the top/ATH - Take profit as long as you can (also partial profit is profit) - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. We would love it if you could share your thoughts in the comments. Discussions are very welcome here. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. - White lines are Fibonacci retracement levels Helplines: - Purple lines are trendlines we take a look at. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
Long
by tumbler55
9