#ICP HAS BEEN Busy REALLY BUSY WILL IT LADDER up the way it came down probably not to new all time highs any time soon however I would not count this project out… They have been working hard… They don’t about the price, they award the developers for building with grants, they have so much going for them… they are the efficiencies are across the board compared to any other projects in blockchain technology today… these rate the facts… CURRENTLY THERE IS ETH BTC AND NOW ICP IN THERE OWN CATEGORIES. BTC USED TO BE FREE … ETH USED TO BE HKEX:10 WELL ICP is might be one of these technologies … DYOR DCA SAFELY…
Blockchain
Bitcoin(BTC/USD) Daily Chart Analysis For Week of April 14, 2023Technical Analysis and Outlook:
The coin price action exploded through our completed Intermediate Outer Coin Rally of HKEX:29 ,200, Key Res HKEX:29 ,900, and Outer Coin Rally of HKEX:30 ,000 earlier this week's session, as flagged since Daily Chart Analysis for March 17. Current price action suggests a solid rally to Outer Coin Rally and Key Res HKEX:31 ,700. On the downside, Mean Sup is HKEX:29 ,800, the primary target.
ETH - Long-Term View 👀Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
ETH has been overall bullish trading inside the rising broadening wedge pattern just like BTC.
However, it is currently sitting around a strong rejection zone:
📌 Here is why the 2000 is a strong rejection:
1- Round number
2- Daily Resistance
3- Previous Major High
📈 For the bulls to remain in control, we need a daily candle close above 2000.
In this case, a movement till the upper bound of the wedge pattern would be expected, which would be around the weekly supply zone 2250
📌 Meanwhile, the 2000 is acting as a resistance, and if we break below the orange channel downward, the bears would take over for a correction.
In this case, a movement till our previous support 1750 would be expected.
Which scenario do you think is more likely to happen first? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
UBX prepairing to enter the 0.0001$ zone soon!UBX looks very bullish and will undoubtedly go foward from this point on. Seatbelt's on UBX is going to the moon soon!
BTC- Detailed Video Update ❗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
Here is a detailed update top-down analysis for BTC.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Salmonation best project in tokenomic fundamental in IndonesiaSalmoantion is community project wth 100% fairluanch liquidity dan supply. and it build a blockchain that called BeOne Protocol.
as my opinion and anylize for a year this project development is above average from other project in Indonesia.
the chart is organic as we see , and lot big bag holder keep their investment almost a year. and the only survive market winter in Indonesia only this project.
yea the developer is focusing in development their BeOne for a year and now is on NET,
I'm also one of the long term holder for this project . and waiting their bridging protocol.
they are interesting idea that developer tell to the community to give more trust to the public , by makin decentralized tokenomic for all user. and the plan to develop multiplatform use by one Token. in their chain.
keep update for this one. keep an eye!
as we know Indonesia is big country with a Huge Material Resources.. we never know black gold ( oil ) can be custodial in the future
BTC - Make Or Break Zone! 💣Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
🗒 As per my last educational post, we know that the bulls took over after breaking above the falling flag #4
📌 BTC is now approaching a strong rejection zone:
1- Round number => 30,000
2- Classic Support Zone Turned Resistance 30k - 32k
3- Supply zone (marked on the chart)
🏹 For the bulls to take over from a Marco perspective , we need a weekly break above 32,000
Meanwhile, the bears can kick in around 30k - 32k for a bearish correction before the bullish take over again. We will be monitoring price action on lower timeframes to confirm it.
Which scenario do you think is more likely to happen first? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Bitcoin(BTC/USD) Daily Chart Analysis For Week of April 7, 2023Technical Analysis and Outlook:
The coin price action blitzed under its completed Intermediate Outer Coin Rally of HKEX:29 ,200 and strategic pullback to Mean Sup HKEX:29 ,900 this week. Current price action suggests a vital decline to Mean Sup HKEX:26 ,900. The upside target scenario is the Outer Coin Rally of HKEX:30 ,000, and the extension to the Outer Coin Rally of HKEX:31 ,700 and Key Res of the same price is not viable now.
ETH - Trend-Following Setup; Again ❗️ Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per my last analysis (attached on the chart), we were looking for trend-following buy setups.
Now ETH is retesting the lower trendline again , so we will be following the same logic.
ETH has been stuck inside a range in the shape of a rising channel in orange .
Moreover, the 1800 is a minor demand zone lining up with the previous major highs.
🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the orange demand and lower orange trendline. (acting as non-horizontal support)
As per my trading style:
As ETH approaches the purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
We will remain bullish , UNLESS ETH breaks below the lower orange trendline.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Pure Price Action TradeBINANCE:BTCUSDT.P
Pure Price Action Trade
Reason of Taking this trade.
NOTE: DON'T FORGET TO HIT THE FOLLLOW BUTTON.
#1. SL is very small
#2. Over Market is Bullish
#3. Selling Pressured is Weak
#4. Good Risk/Reward
I'm is this trade with 13X Leverage.
**** PUT STOPLOSS IN SYSTEM NOT IN MIND*****
BTC - Follow The Trend ↗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📌 on Daily: Left Chart
BTC is currently bullish trading inside the red rising broadening wedge pattern.
Here is why the 30k - 32k is a strong rejection:
1- Round number => 30,000
2- Classic Support Zone Turned Resistance from Weekly timeframe
3- Supply zone marked on the chart
4- Intersecting with the upper red trendline acting as a non-horizontal resistance
📉 Hence, as BTC approaches the 30k - 32k zone, we will be expecting the bears to take over for a medium-term correction.
📌 on H4: Right Chart
For now, we will remain bullish as long as BTC doesn't break a previous major low.
We are bullish from a medium-term perspective trading inside the flat channel in green, so as we approach the lower green trendline we will be looking for short-term bullish setups.
The current last major low is highlighted in gray around 26,700
📉 If we break below 26,700 expect a bearish correction to start till around 25,000 support / demand.
Which scenario do you think is more likely to happen first? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BTC UPDATE APRIL 5 2023Bitcoin Update: Resistance at $29,000 and a Potential Correction to $24,500
As of April 5th, 2023, Bitcoin is trading at around $28,000 USD, and the price has been trying to break out of the $29,000 area for the past two weeks. However, there seems to be a lot of resistance there, pushing the price down to the support levels at $28,000 and $27,600.
On the other hand, an Elliot Wave structure has formed, with five waves up, and the current trading is at the fifth wave. These wave counts started from the formed bottom a few months back. Additionally, at the bottom area of $15,000, a falling wedge structure has been spotted. According to the Fibonacci retracement tool, this falling wedge targets 1.618 fib levels, which is the golden ratio between $29,000 and $30,800 areas.
There are two possibilities at this point. The first is that Bitcoin will break out of the $29,200 areas and push the price up to $30,800 and possibly even higher. The second possibility is that a correction will start from the current levels towards the $25K-$24.5K areas. Once we reach there, an update will be provided.
With 12 years of experience in trading and stock markets, the feeling is that Bitcoin has not yet finished the correction from the top that was made at the $69,000 areas. Therefore, it is important to keep an eye on the price action and be prepared for any potential volatility. Good luck.
BTC & ETH - Detailed Video Analysis 📹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
Here is a detailed update top-down analysis for BTC and ETH.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Bitcoin Ready For $36000 ?#BTC/USDT Technical Analysis
Bitcoin (BTC) is currently trading at $28,500, which is the top level of the past few months. The cryptocurrency has shown strong support at this level, indicating that there is buying interest from investors.
The resistance level has also been broken, and the cryptocurrency is currently trading above it. According to the principles of psychology, traders should sell above the resistance level and buy below the support level. However, due to the volatility of BTC, it is advisable to trade in the safe zone.
In my opinion, if Bitcoin holds the red box zone, there is a strong potential for the cryptocurrency to hit $36,000 within a few days. However, if the red box zone is broken and the support level is also breached, then investors should prepare for a drop to $24,000.
Investors must trade smartly and never gamble with hard-earned money. It is always recommended to conduct personal research before investing in any coins.
Support levels for BTC/USDT are at $27,500, $26,800, and $24,300, while the resistance level is at $29,500.
Disclaimer: This is not financial advice. Please consult a professional financial advisor before making any investment decisions.
DOGE - Make Or Break Zone 👀Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
After breaking above 0.08 resistance , DOGE traded higher in an aggressive manner to find resistance around 0.1
0.1 is a previous support turned resistance and a strong round number.
🏹 For the bulls to take over from a long-term perspective, we need a daily close above 0.107
In this case, a movement till the next resistance 0.13 would be expected.
Meanwhile, the 0.1 - 0.107 zone is still acting as a resistance and the bears can still kick in (by breaking the last low from H1)
In this case, a movement till the 0.08 support / demand would be expected where we will be looking for new short-term buy setups.
Which scenario do you think is more likely to happen first? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Bitcoin(BTC/USD) Daily Chart Analysis For Week of March 31, 2023Technical Analysis and Outlook:
The coin repeated its completed Intermediate Outer Coin Rally of $29,200 and strategic pullback to Mean Sup $29,900 this week. Also, current price action indicates a possible rinse and repeat of the trading envelope. The upside target scenario is the Outer Coin Rally of $30,000 and an eye on the following extension to the Outer Coin Rally of $31,700 and Key Res of the same price.
Internet computer Parabolic move coming!ICP, is it a dead project or just suffer from bad timing on the release?
This project was released with a lot of hype behind it but nothing but deflate and loose value ever since it's release. It something better than hype going for it right now and that is bullish divergence on the RSI and the MACD. The MFI showed a break above resistance and is trying to hold the breakout as support.
It looks like a fairly substantial recover is on the way for ICP and could see a price bump to $55 to $60 by the end of 2023. That is a cool 10 to 12x from where prices stand at this very moment.
This is not financial advice. Please do your own diligence and invest responsible.
BTC - Short-Term Correction Started ⏰Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📌 on H4: Left Chart
As per my last analysis, we know that BTC has been sitting around the upper bound of the gray range.
Yesterday, BTC rejected the upper gray zone and now trading lower. Hence, as we approach the lower gray zone / green trendline, we will be looking for short-term buy setups.
UNLESS the zone is broken downward, then a bigger bearish correction would be expected till 25,000
📌 on M30: Right Chart
The bears took over already short-term by breaking below our last low in red.
Now we are bearish trading inside the falling red channel and expecting a movement till the lower gray zone of the range.
Which scenario do you think is more likely to happen first? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BTC - Now We Wait ❗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📌 on H4: Left Chart
BTC has been stuck inside a range in gray for a whole week.
For the bulls to remain in control medium-term, we need an H4 candle close above the upper gray area 28,700
In this case, a movement till the 30k - 32k resistance would be expected.
📉 On the other hand , if we break below the lower gray zone 26,700 then we will expect a bearish correction to start till around 25,000 support / demand.
📌 on M30: Right Chart
Here is a cleaner view for the price movement inside the H4 range.
Previously, BTC rejected the lower bound of the range, and the bulls took over by breaking above the last M30 high in blue.
Now, we are sitting around the upper bound of the range, and for the bears to take over short-term, we need a break below the last M30 low in red.
Which scenario do you think is more likely to happen first? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Buy Ethereum (Daily Timeframe)Ethereum is still in its uptrend channel on the daily and weekly timeframe after previously rebounding from its lower channel, support and demand zone at bottom of 1k.
Next target if the resistance and supply zone at area 2k break and with a close above, is at the resistance and supply zone at mid 3k.