Cruptocurrency
Phoenix Global Consolidation Plus Signals ExplainedHere we have Phoenix Global (PHBBTC) which we have been waiting for a while...
This pair has been consolidating since June when the first low was hit after April's peak.
15 Satoshi continues to be our baseline and so far we are looking good as prices remain above this level.
The reason I am writing about this pair today is that I saw a challenge of EMA50 (18 satoshi/ 0.00000018) which is the most important level to look at short-term pertaining to strong bullish growth.
We also see EMA10/21 being challenged/conquered.
Now, here is the signal that gives away the fact that the consolidation period is reaching its end.
Notice PHBBTC from May printing lower lows.
Now I will show you the RSI and MACD, both printing higher lows.
MACD:
RSI:
That's a bullish divergence.
When combined with the signals we read above it makes for a strong case that it can only take a few weeks before the next bullish run.
The time period can vary wildly, we do not worry about it, we simply buy and we hold.
Patience is the key.
That's my strategy.
Thanks a lot for your continued support.
Namaste.
P.S. There can always be one last strong checkout before the bullish wave becomes 100% obvious.
Sometimes it is a long wick or it can take a week.
We use manual stop-loss and do not worry about this.
Potential XRP Long XRP is currently on its way down to the support level at 1.02, if that doesn't hold then we will be heading down to the 0.90 area, but with bitcoin dominance gradually increasing, its only a matter of time before Alts follow BTC.. Bullish overall market long-term, short-term bearish.
Bitcoin targeting $50K levelsBitcoin price pulled back a bit during the Thursday session, which is not a huge surprise, because the market went higher for several days in a row, then stopped for a bit. But after we've pulled back towards the $44,000 level, it makes sense for us to have some negativity, or at least a bit of profit taking. Now that we're starting to see that, the market is likely to go lower to get massive support.
Support: 45437 – 43141 – 42274
Resistance: 48863-50000-52000
Direction: upward
If the bitcoin price breaks through the $46,701 levels, it may target the $50,000 levels.
The $50,000 level is undoubtedly a huge number, and an area that has provided a lot of support in the past, so it should offer resistance. I think it may take a while to get there, but it certainly seems to be the goal.
Bitcoin price today is trading near its highest price today at $46,463 levels, while its lowest price is at $43832 levels.
Dogecoin - could be a huge drop 😲😲Dogecoin has been moving in a downward pattern for the past month, creating lower and lower highs. At the same time, we can see the creation of a triangle with a clear support level of $0.168, at the last test of this level Bitcoin, rose 20%, while breaking the trend line, at the same time there was a strong volume increase, which meant someone got liquidity to sell. In fact, after that, the Doge corrected again and is now heading towards the lower support level again.
Will the support hold this time?
If the Dogecoin declines and squeezes towards this level, it is very likely that this level will be broken. You could try to enter the trade on a squeeze or safer on a breakdown and test as resistance.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
DOGEUSD Still On Bullish MoodSince 12th April, Doge grabs the attention of all the mainstream areas from a meme coin and which is really crated for meem purpose only. Right now, it's already become an assets class trading instrument among the most institutional traders and retail too. There is still so much potential growth is waiting for us if the Doge community really care about its development. Me and my team we are going to open a long run with a strong SL.
BTCUSDT: More drop expectedHello Traders! The market dropped as predicted. If you were already alert about this drop then give like on my posts for appreciation.
After that breakout of the rising wedge pattern, I am expecting market price to test the breakout and then it will be ready to fall again. This test area is at the 0.618 Fibonacci level which is a strong reversal point. So be ready for another drop and I have also predicted the time of retest and drop, (This time prediction method is my new strategy and it's under testing, once it is completed then Market will not just show the correct direction it will also give perfect timing).
Bitcoin is aiming to touch 42000$ Support.
I will post step by step Analysis, once the current prediction is fulfilled, I will update it.
Don't forget to hit the like button and follow to stay connected.
Signal : Strong Buy For ELON FlightDo Not Miss The Opportunity
There is a short distance to ELON flight
🔥🚀🔥🚀🔥🚀
GRTUSDT BuyHello traders!
Grt is in correction from 13 Feb and now it is at the end of the correction. It is good time to buy grt from Bottom of the correction. After this Long correction, it can give 200%+ gains.
It is currently at 1.58 and I am expecting it to hit at least 4.5$-5$ Value. It is only valid till 19th April. After that traders should take their profits as there is a chance of drop again.
5$ target will give 220% gain of the investment.
Don't forget to hit the like button and follow to stay connected.
SUSHI-DECISION POINT-40% Next?SUSHI made it's debut on Mar 11.
After a 23% climb on the 12th, it consolidated to fib 0.618 level.
Then, made a move in the the upper BB for the first time since Mar 12.
Lower EMAs (8-13-21) joined this cross over and hovered around the midline.
Mathematically, this brings the lower BB up!
It's now formed a triangle. Decision time!
If it breaks UP, it's got 40% potential growth!
If it breaks DOWN, it go dive another -40%.
I vote for UP =)
BTCUSD - ShortBITSTAMP:BTCUSD
Potential short zone for btc, we can see this fib overlap lining up very well!
What to do in this example? Take the smart trade!
The smart trade, being the long into this zone as we have the potential to just keep pushing up and following this bullish momentum. When we get into this short zone, if we short, and get stopped out, no worries we can just let our longs run and this is zero risk to us!
Approaching a critical point in ETHA little update on the Ethereum prediction. It is going as planned for now and the bullish scenario is going smoothly. We're approaching the 1.618 Fibonacci retracement (relative to 2018 ATH) as ETH now trades above $1,900. However, the rising wedge forming, usually a sign of a trend reversal, could be problematic. Once we reach that level, it could reverse or continue (as always haha). Scenario 1 would see ETH continue its bull run, probably in a dramatic fashion, or we could see a good pullback towards the lower levels that haven't been tested yet (scenario 2). The pullback could happen just before that level as well, maybe around $2,000, as ETH and many cryptocurrencies are overbought.
Whether 1 or 2 happens, it screams bullish. A pullback is healthy and welcomed, but if the bull run continues in a stable manner, I'll take it as well!
That's my opinion, what's yours?
NEO/USDTNEO has been in a downtrend for a long time and is nearing crucial resistance zone, if it breaks this resistance zone then we might see some good upside move and break to the downside may result a pullback. Resistance lvls are mentioned (*in green*) and Support lvls BINANCE:NEOUSDT (*in red*) .
DIsclaimer : I am not a Financial Advisor. This chart is shared for educational purpose only (DYOR)
Ripple - XRP is a bad coin they said. Sell-they said XRP/USDTHello dear friends. XRP / USDT coin for review. 1D TF
So in the last analysis, I wrote to you that there will be an accumulation channel.
And I recommend each of you, following your risk and money management, to buy this coin for a long time.
I am more than sure that it will greatly surprise everyone who sold it.
Since such a huge accumulation of volumes on cluster analysis, I have not seen anywhere else.
I expect XRP to repeat the DOGECOIN pump.
Yes, I agree, everyone is shorting and waiting for a decision, but I assure you that 99.9% will not be as bad as many think.
For each of my profitable transactions from the bitcoin / dollar pair, I allocate 5% profit and buy this coin at each level.
Which I recommend to you too.