Bitfinex
Bitcoin Weekly Important Support Levels | Fib. 0.786 ($5,441)Today's drop makes it clear that Bitcoin (BTCUSD) is going to retrace as we were expecting... But how much lower can it go?
Let's take a look at Fibonacci proportions for answers...
Bitcoin reached a peak in late June completing a move that started back February 2019... As it moved lower, it found at the 0.382 Fib. retracement level from the last bullish wave. Here we saw a bounce and consolidation that lasted for almost three months. With this level (~$9700 on average) holding the price.
This level has been broken and Bitcoin is now moving lower. First stop was 0.5 Fib (~$8,500).
Next is EMA50 or ~$7,900 as mentioned in my previous updated. If this level fails, then the next Fib. support that follows is $7,242, which is the 0.618 Fib. from the last bullish wave.
This move is still developing, but the momentum has now shifted completely towards the bears... We have been warning for weeks...
Feel free to leave a comment if you have anything to share...
Thanks a lot for reading.
Namaste.
Ethereum Looking To Retrace | Will It Go Lower Or Bounce?Ethereum (ETHUSD) had a great run and grew over 35% in a matter of just 3 weeks... Now it is starting to retrace and can go lower... But be careful, lots of bullishness around, so if support holds it can easily bounce and resume the uptrend.
All the levels are marked on the chart.
Namaste.
Bitcoin Squeeze's Price - BTCUSDHello traders, recently the price of bitcoin is squeezing along with a small bearish trend. In the following days or even weeks, we will see a breakout from the descending triangle pattern. In the analysis of today we can appreciate on timeframe 1H that there is an horizontal support level in which the price is most likely going to break through based on the RSI and the down trend.
Have a good day and good trade!
BUY THE DIPSAs simple as it gets, and as I published in my first idea a month ago, price broke below the main curve and pullbacked giving a nice short entry im still in. At the moment we have a liquidity pool resting below 9k that needs to be absorved, with a clear descending triangle pattern. Short/long positions still showing bearish vías with more than 60% of the market longing, so all those needs to be rekt before a continuation of the bullish trend. Buy rumors sell news with bakkt could also be in play too, so a drop and a break of that triangle is more than expected, absorving at least 8.4 -7.2k area, and moving back above the 10k area,traping some short and late sellers that will push the latter move. Buy areas I will be looking and I already gived in my first analysis are:
8.4k
7.2k
6k
Bluzelle Is Ready To Boom! | Easy 130%+ Of ProfitsRecently I shared two charts that are really bullish, that is DATABTC and CNDBTC, you can see these by visiting my profile...
Next comes Bluzelle (BLZBTC), the chart is looking just like the two mentioned above... Really bullish...
Initial close above resistance (purple line).
Bullish cross over EMA5 and EMA50.
Increasing bullish volume.
Strong RSI.
MACD entering the bullish zone with plenty of room available for growth.
We can aim for 76-130% of profits short-term, but if we look at the bigger picture, BLZBTC can grow over 500%+...
Patience is key always when trading...
Take it easy...
Take your time to take action...
Build a plan before buying in...
If one opportunity goes...
Another one, even better, will come for us.
Thanks a lot for the continued support.
Namaste.
Note: Charts are always changing and the analysis above is based on the chart as it is now. Each day that goes by a new candlestick is printed and everything can change. Taking this into consideration, we use a stop-loss and always have a trading plan before buying into any trade.
[SNMBTC](1100%) SONM Trade Signal @alanmastersThis is a trade signal shared exclusively for you.
I am hoping that you enjoy it...
-------------
PAIR: SONM (SNMBTC)
ENTRY: 0.00000095 - 0.00000105
TARGET:
(1) 0.00000125
(2) 0.00000150
(3) 0.00000200
(4) 0.00000270
(5) 0.00000325
(6) 0.00000390
(7) 0.00000460
(8) 0.00000510
(9) 0.00000580
(10) 0.00000700
(11) 0.00000780
(12) 0.00000900
(13) 0.00001070
(14) 0.00001200
PROFITS POTENTIAL: 1100%
(Entry calculated at 0.00000100)
STOP: Close weekly below 0.00000080.
-------------
This is Alan Masters.
With lots of love...
Namaste.
---
Disclaimer: THIS IS NOT FINANCIAL ADVICE.
All the information shared here is for learning and entertainment purposes only.
ZRXUSD has formed bullish butterfly | Upto 203% possiblePriceline os Ox / US Dollar has formed a bullish butterfly and entered in potential reversal zone.
RSI is oversold.
Price action is also hitting at the support of lower band of bollinger bands.
Volume profile of complete pattern is showing weak interest of traders within PRZ area.
From here the price action will take bullish divergence soon insha Allah.
I have used Fibonacci sequence to set the targets.
Buy between: 0.1721 to 0.1106
Sell between: 0.2199 to 0.3356
Regards,
Atif Akbar (moon333)
Basic Attention Token Next Falling Wedge (300% Profits)Here is the full chart for Basic Attention Token (BATBTC) on Binance, it shows data since November 2017.
We are going to keep it simple today and look at the multiple falling wedges throughout time.
Notice that each time a falling wedge is completed, a new up-wave takes place.
The current falling wedge is the biggest one, which means that it can also produce the best results.
Here we are looking at 300% potential profits based on my calculations, long-term, but it can produce even more.
What are your thoughts?
Please share with us in the comments section below...
Namaste.
Stellar Lumen vs Dollar | Targets, Support Levels + AnalysisLet's take a look at Stellar Lumen once more but this time vs the US Dolar (USD), namely the XLMUSD pair.
Recently we looked at XLMBTC for the daily and weekly time frames, you can find these articles below... Now, our readers are asking for USD... Let's take a look:
We can see a new All-Time Low (ATL) being hit for XLMUSD on the 14-Sept. A strong bounce followed...
By the 18-Sept., XLMUSD had grown by as much as 57%.
This bounce took out EMA10, EMA50, and EMA100 with the biggest volume bar printed since Mid July 2018, confirming that this is a very strong move and additional growth can easily follow.
Massively bullish RSI, now above 70.
The MACD allows for plenty of room for additional growth.
Stellar Lumen (XLMUSD) broke out of a falling wedge and produced a strong bounce and is signaling an upcoming change of trend. It will take time for the new trend to be confirmed but the signals are really strong and clear... It is time for Stellar to grow.
Below you can find the mean targets (resistance) and support levels for XLMUSD.
Targets:
(1) 0.0946
(2) 0.1035
(3) 0.1099
(4) 0.1179
(5) 0.1412
Support:
(1) 0.0752
(2) 0.0713
(3) 0.0658
And the BTC pair charts as promised:
Stellar Lumens Long-term | Weekly Chart Analysis | Over 800%
Stellar Lumens Full Chart Analysis | Daily Time-fame
Thanks a lot for the support.
Namaste.
THIS IS NOT FINANCIAL ADVICE
All the information shared by Alan Masters is for learning and entertainment purposes only.
Basic Attention Token (BATUSD) short.All description on the chart.
Please, don't forget to like and follow.
Thank you.
ETHUSDI'm back with my new system. Wait for pullback off the resistance (this is weekly chart, be patient!) Enter only once we have a green EMA signal (20EMA has crossed 50MA) & we have a green Weis bar + the ROC has crossed to the upside of the red & green lines. Exit when all signals do the opposite. Good luck! Not advice. Idea only.