Get started

Crack

[ETH] How far can ETH go if it break through?#Crack #Ethereum #Binance #4hour - Ethereum is emerging with a strong upward trend. - Although a strong uptrend is currently in progress, it has reached the long-term resistance of ‘$3,377.89'. - The ‘$3,377.89' resistance is an inflection line made during August-October 21, and since it is a line that showed strong resistance during a long downtrend, it is seen as an important line for this rise as well. - In addition to ‘$3,377.89', along with the resistance of ‘$3,424.66', where the 1st level of the Fibonacci expansion of the medium-term upward wave is located, the possibility of a downtrend inversion should be kept in mind before breaking through the ‘$3,378-$3,424' resistance. - If the ‘$3,378-$3,424' resistance is broken, we can expect an uptrend to ‘$3,833', where the red dashed line confirms the bullish channel centerline and the 0.618 level of downtrend retracement. - If the ‘$3,378-$3,424' resistance is not broken, we can expect a correction as the uptrend was strong. - If a bearish correction appears, we can expect support from ‘$3,183-$3,193', where the 0.382 level of downtrend retracement. If a bullish correction appears, we can expect support from the short-term upward wave Fibonacci extension level of 0.618, which is identified by the yellow dotted line, and ‘$2,995-$3,005’, where the 3005 long-term inflection line is located.
by Tommy_Trader
[Bitcoin] / New high update in 12 days! Can it rise more?#Crack #Bitcoin #Binance #4hour - In the last briefing, I mentioned the importance of support for $40,774, and a strong rebound has emerged after the successful support of $40,774. - With a strong uptrend, it broke through the $42,300 resistance and flattened the $42,594 high, but it failed to maintain the uptrend and appears to be under pressure again. - In the short term, the highs and lows continue to rise, and the update of the $42,594 highs can be seen as raising the highs and lows in the medium term. - However, there is still resistance at the white long-term convergence upper line. - The support of $40,774-$41,433 continues to be important when a pressure appears, and since it overlaps up to the orange long-term uptrend channel centerline, this confirmation of support seems to be important. - If the $40,774-$41,433 support is successful, we can expect an uptrend to confirm the resistance of the white long-term convergence upper line. - If the resistance of the white long-term convergence upper line is broken, we can expect an uptrend towards $46,700-$47,226 or the upper line of the orange long-term uptrend channel. - If the $40,774-$41,433 support fails, we can expect a decline to confirm support at the white long-term convergence lower line. - If the support of the white long-term convergence lower line fails, we can expect a decline to the light blue short-term uptrend line. - Please observe the movement in the areas where support/resistance overlaps marked with yellow circles.
by Tommy_Trader
1
22.03.21 / Checking important short-term support level#crack #bitcoin #binance #4 hour - After the last briefing, an attempt was made to break through the orange long-term uptrend channel center line, which appears to be an important resistance line, but it failed to support and the pressure appeared again. - As you can see from the light blue trend line, the possibility of further convergence should be kept in mind as the trend is changing without raising the high in the mid-sized wave. - Resistance appeared at $42,296, which is the current yellowish green mid-term uptrend Fibonacci extension level of 0.618, and you can see that it is trying to support $40,774, which is the 0.5 level of the same Fibonacci extension. - If support at $40,774 succeeds, we can expect a move to renew the $42,594 / $45,400 / $45,821 highs. - If the support of $40,774 fails, a decline towards the white long-term convergence line or the light blue medium-term convergence line should also be considered.
by Tommy_Trader
22.03.17 / Bitcoin faces significant resistance!! Expected resis#crack #bitcoin #binance #4 hour - After the upward break of the white short-term downtrend line, the retest of the trend line was completed, but the orange long-term uptrend channel's center line and the long-term and short-term Fibonacci retracement level resistance overlapped the $41,386-$41,433 resistance. - In the short term, the light blue arrow may open up the possibility of a convergence expansion that raises lows and lowers highs. - If the $41,386-$41,433 resistance is not broken, we can expect a decline to retest the support of the white short-term downtrend line. If the retest support of the $39,770-$38,595 section, which has been flat in the medium term, fails, the possibility of a decline to $34,322 or the larger support section of 24k-23.5k opens up. - If the $41,386-$41,433 resistance is broken, we can expect an upside to $43,600-$44,000, where the volume profile is formed in the previous move and the yellow medium-term uptrend Fibonacci extension level of 0.618 is located. - After that, if the support of $41,386-$41,433, where the centerline of the orange long-term uptrend channel is located, is maintained, we can expect an uptrend towards the $46,700-$47,226 resistance section in the mid- to long-term.
by Tommy_Trader
22.03.14 / Now all that's left is the long-term trend line!!#crack #bitcoin #binance #4 hour - Since the last briefing, a sideways trend has been taking place between $38,595 and $39,770, and after that, the short-term uptrend line and support at $38,595 failed, showing a sell-off. - The dark gray long-term Fibonacci level of 0.13 level, $37,607, appears to be receiving short-term support, but it is unclear to be sure of a rebound. - In the event of a rebound from the current spot, it seems safe to follow and buy after re-entering above the minimum white short-term uptrend line, and the possibility of retest resistance should be kept in mind. - If the current rebound fails or the retest resistance of the white short-term uptrend line appears strong, support at $34,936-$35,312, which is located at the bottom of the medium-term uptrend channel, seems important. If the downward whipsaw appears strongly, it is important to find support around $34,322, where the lower part of the large upward channel is located. - As mentioned above, if the 34k-35k support fails, the mid/long-term downtrend should be kept in mind due to the failure of the lower end of the medium/long-term uptrend channel.
by Tommy_Trader
2
22.03.11 / Failure to support critical sections#crack #bitcoin #binance #4 hour - The basic support/resistance section is the same as in the previous briefing. - The support of $40,774-$41,386, mentioned as an important support section in the previous briefing, failed, and a strong selling trend appeared. - After two strong negative peaks, an attempt was made to rebound, but it failed to rebound while leaving a long upper tail. - It is currently moving between the $39,770 resistance and the $38,595 support, so the short-term direction is still uncertain. - If the rebound continues, we can expect an uptrend to $40,774-$41,386, and if resistance is strong at this time, we can expect a decline to 35k as mentioned in the previous briefing. - If BTC breaks through the $40,774-$41,386 resistance, BTC can be expected that BTC will raise the high by making a rebound with a higher low, but in the big picture, it is necessary to keep in mind the appearance of convergence, in which the highs are continuously lowered and the lows are continuously rising, If BTC turns into a downtrend without breaking through the highs, it is safe to watch the convergence deviance. - If the rebound fails and the $38,595 support fails, we can expect a sell-off to confirm support in the 34k-35k support range, and a large downtrend should also be taken into account if the support at the lower end of the orange medium-term uptrend channel fails.
by Tommy_Trader
22.03.10 / Let's take a look at the important support areas#crack #bitcoin #binance #4 hour - A strong rebound emerged while raising the low, breaking through the center line of the orange medium-term uptrend channel. - Currently, BTC is resisting from the lower part of VP in February, showing the possibility of short-term pressurization. - If the pressurization appears, the support of the $41,386-$40,774 section, where the orange mid-term uptrend channel center line is located, seems to be important. - A break of the $43,600-$44,000 resistance seems important if the support of the $40,774-$41,386 section is successful and further uptrend proceeds. - If BTC succeeds in breaking the $43,600-$44,000 resistance, we can expect an uptrend to the maximum of $46,700-$47,226. - If BTC breaks through the $467,00-$47,226 resistance, we can expect a mid- to long-term uptrend by breaking the long-term downtrend channel upwards. - If the $40,774-$41,386 support fails, a downtrend is expected to lower the $37,155 low. - If the downtrend continues without a sharp fall, it is necessary to keep in mind the possibility of a downtrend to the $34,936-$35,312 section, where the lower orange medium-term bullish channel and the gray major bearish channel center line overlap. - If the $34,936-$35,312 support fails, it is highly likely that the $34,322.28 / $32,917.17 lows will be renewed, and the possibility of a mid- to long-term downtrend should be taken into account due to the downward breakout of the medium-term bullish channel and the breakout of the center line of the long-term bearish channel.
by Tommy_Trader
22.03.07/Bitcoin 4-hour/If it doesn't rebound, is it going down?#Crack #Bitcoin #Binance #4hour - The downtrend is strong enough that the rebound at the end of February is insignificant. - Currently, BTC is confirming the support of the Volume Profile section that was created during the uptrend at the end of February. - In the big picture, it rebounded by raising the low without renewing the low of $32,917, but in the last uptrend, it lowered the high without renewing the high of $45,821, and a strong downtrend appeared.We can expect a downtrend to renew the $34,322.28 low, or a large convergence. - If the yellow medium-term downtrend Fibonacci extension at 0.618 level is successfully rebounds, check whether the $40,774-$41,432 resistance is broken. - The $40,774-$41,432 resistance section is expected to be strong with the long-term Fibonacci level, the mid-term Fibonacci level, and the resistance section where the mid-term uptrend channel centerline is located. - However, if the resistance is breaks strongly, we can expect an uptrend to renew the high of $45,400. If the high of $45,400 is renewed, we can expect an uptrend to $47,226, which is located at the top of the blue medium-term uptrend channel. - If BTC renews the low of $34,322.28, the important section to look at is around $33,901. This section is a section where the bottom of the dark gray ultra-long-term parallel channel overlaps, and it is necessary to keep in mind the possibility of a very strong downtrend if a downward departure of the channel occurs. - If a rebound occurs after falling to the $33,901 section, it seems necessary to check the retest resistance of the blue medium-term uptrend channel. If the retest resistance is not broken, the possibility of a downtrend should be kept open.
by Tommy_Trader
Elon- Please STOP being a prick ffs!!!I rest my case, the guy has gone from genius to nutcase in a few days. The story: The cryptocurrency market continues to baffle. More specifically – everything that Elon Musk tweets about, regardless of whether it actually has any relation to cryptocurrencies – seems to have an impact. The case in point is a cryptocurrency called Starbase Token, carrying the STAR ticker. According to the project’s official website, it represents a “blockchain token-based crowdfunding/sourcing platform.” In essence, it’s a place where startups can raise funds by issuing tokens. Its native token, which was trading at around $0.002 at the beginning of May, reached a price of $0.30 today, according to DEXTools. The 24-hour volume, at the time of this writing, sits at $3.7 million. From today’s low to today’s high, the price increased by a total of 6,000% before retracing to its current levels. the not so amused FXPROFESSOR
S
by FX_Professor
8
If 46K fails supporting, expect some bears!#BTCUSDT #Binance #4hr #Tommy - Here is Bitcoin 4hr chart. A consolidation zone where price tends to move sideways, is currently being constructed in the range of 46K~51K. Here are some of major points to be updated. - A strong bottom has been consolidated around 46K which could be speculated from the point that it made about 4 meaningful lows recently. This technical circumstance recommends taking trading actions after this bottom breaks below, rather than entering long here. - More specifically, entering short once this bottom shows some signals of failure to support or entering long after confirming next support’s reinforcement. - In a shorter term, green short-term downward trendline has been broken over and if BTC corrects and reaches the retest zone (46700~47400) before 5/17 08:00, entering long with a tight stoploss seems like a nice setup. - Pay attention to the major downward parallel channels such as the green and orange ones. Observing the bottom of these channels and other technical factors, 43800~444000(valid until 5/21 1700), 41300~42200(Valid until 5/22 13:00), and 38400~39400 seems like some major supports. - Resistances that could be considered are 51800~52300(Valid until 5/19 21:00), 53800~54400(valid until 5/21 21:00), 57400~58200(valid until 5/21 21:00), and 60400~61300(Valid until 5/22 21:00). - RSI for 4hr shows that it is moving in a green downward trendline. Within that channel with a shorter term, a purple upward channel also exists, A decent resistance could be expected when RSI reaches the area where these tops overlap each other.
by Tommy_Trader
8
GBPUSD | Pound it up dear Pound!Here are some of the major supports that I've recently found for GBPUSD. - 1.3939~1.3949, 1.3905~1.3915, and 1.3876~1.3886 Long (Valid until 5/14 04:00) EP: 1.3949 SL: 1.3935 (-14 ticks) TP1: 1.3972 (+23 ticks) TP2: 1.3998 (+49 ticks) Long (Valid until 5/14 19:00) EP: 1.3915 SL: 1.3901 (-14 ticks) TP1: 1.3929 (+14 ticks) TP2: 1.3939 (+24 ticks) Long (Valid until 5/14 19:00) EP: 1.3886 SL: 1.3862 (-24 ticks) TP1: 1.3927 (+41 ticks) TP2: 1.3944 (+58 ticks)
CME:6BM2021
by Tommy_Trader
BTC Price Cracked - What is Next?Hello, dear subscribers! As you know, today was a sharp BTC price decrease. The price has not reached the ATH level and began the fall. The price was in the ascending trend channel and broke down it's support line. The local pivot level was broken almost at the same time. Lookin at the technical indicators we can see that BTC is in the oversold zone according to RSI, but the MACD indicator is not bullish now. We can conclude, that price will not growth soon. We think that the small consolidation will be, decline continue after that. As a result we have two possible scenarios: 1) The "Green" scenario is the price drop to tomorrow support level (S1), which is equal to previous base global support level. It is important to observe the price behavior next to this level, because the bounce off it is probable. 2)The "Red" scenario is about the price breakout of the S1 pivot line. It can reach the S2 level and we should observe the price movement here it this case. The $15600 can be the first possible buy level for BTC.
by Skyrexio
HART: Going back up so soon?Harvard Apparatus Regentive Technology is a bioscience company working on more natural heart valve replacements and other pretty cool biotech stuff. However my interest is because the way they are ramping up for another go after moving from $0.60 to $3.25 in less than a month. This is shaping up to be your typical "head and shoulders" scenario. HART's 1day MACD only crossed into negative on 12/7, giving the appearance that they are ready to fall back down. However it bounced at the 50% mark ($1.90) and StochRSI is already showing a cross upward. What makes it really interesting is if you check out the 4hour or 2 hour you can see the MACD already coming back to positive. (see bottom image) The markets are rough given the fear of a rate hike along with some 'cooling off' given the build up of overheating from past 2-3 years. However, at such a low price HART could be a worthwhile option play at a $5 strike a few months out. The option route would allow a relatively low bet--I need to look at the chain but I'm guessing as little as $20 a contract---with a short-term opportunity if the 2hr/4hr MACDs stay positive and bring the 1 day up; and a medium term opportunity if the indicators and the stock can't handle the bear market---HART has enough room and volatility to pay off later as well. Even at $2.35 a share it's a good, cheap play.
HLong
by RyanMartin