Hello everyone, if you like the idea, do not forget to support with a like and follow. XRP is sitting around a strong weekly support zone in green so we will be looking for buy setups. Before we buy, we want the buyers to prove that they are taking over again. You don't want to buy a bearish market right? on H4: XRP is forming a channel in red but our...
Looking at the 30k trendline from before Tesla bought bitcoin and recent fail to break the decending trendline seems to point to a retest of the 30K level for BTC. End of month will be interesting. This is my first idea, what did i miss?
BTC/USD chart on 1D is range-bound. Since the 19 May drop we formed a low at $33,300 as support and high at around $40,500 as resistance. 18DMA is acting now as support and we have other MA as resistance. My opinion range bound until we have a model unfolding on the chart.
Wyckoff distribution is so very painfully obvious. I thoroughly enjoy when the big swingin 🍆's with giant piles of cash don't attempt to hide their tracks, because they don't think they need to.. and normally, they don't. Most countries cannot compete with trillions of dollars in capital that's also likely leveraged. There's not a doubt in my mind that the...
After seeing the btc trend for years and how history repeats itself I think that bitcoin price will fall down at least 10k$. So far my analysis were correct even though I didn't thought that it will hit 60k in this little time. Everything is a signal for a short !!! THIS IS JUST MY ANALYSIS SO TAKE YOUR OWN RISKS.
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Hello all my Crypto traders. I hope none of you panic sold your positions... As I don't follow BTC or any crypto news i am not sure what spurred this much needed sell off, but if you're looking to re-up on your positions this is the time. About a week or so ago I drew a 707 ABCD pattern and the pattern held up but ultimately failed. Now, we have a Bullish Bat...
Yup, I see downside. This is a daily chart, the Monthly chart is not boosting my confidence in longs. It's a tight trade... Let's see what happens. 1% Risk, 2:1RR Most Importantly with this trade, I started the tag "CryptoBros" yeah, I'm that good.
Hi everyone I hope you are well In the previous analysis, we identified a support zone and explained the conditions under which buying in this zone is reasonable and in which case the price will fall, and as a result, the price, as we said, based on the assumption of breaking the zone to the resistance support line Came down. Here we have a strong support zone at...
wow , what a chart [ this is a similar chart to that of CARDANO [{ADA} ,which after breaking the resistance the result of Cardano price is in front or you. TRON is very likely to do the same thing , it is struggling to break a 3 year resistance , and when it will flip that resistance into support we will see a huge parabolic runup, if you are interested i did...
BTCUSD giving us a bit more confirmation of a Trend Change with a Lower High after falling out of 6 Month pink channel. Although not set in stone just yet, we are likely to range sideways until our 60K resistance breaks or 45k support. But 45k support is crucial as you can see in our weekly chart below. 1 Weekly. We are testing 21 weekly EMA for the first time...
Bitcoin holding nicely above the rounding top and the black trend line, could be a good time to go long.
DISCLAIMER: 1.trade carefully and have stop loss for sure 2.Past performance is not indicative of future results. <> <>
I have multiple confirmations for the short to last at least a few days or for the week. We have a bearish engulfing on a daily timeframe plus, we also have multiple bearish engulfing candles on the 4-hour chart after the monthly level was respected as resistance. So one of two things is going to happen: this will be a pullback for another bull run, or we're...