STX price action finding support on the 4hr 200maSTX posted 4-9-23 +14% gains ... so far
here is another entry idea ( if you missed it ) or to add to entry ( scaling into the trade )
on 4-9-23 hidden bearish div played out and support bounce off of yellow dotted line played out
wait for break of 1.0156 with volume confirmation for entry / or retest of 1.0156
price action finding support on the 4hr 200ma
if price action ( PA ) pulls back and bounces of blue trendline , this would be a nice entry
Market Cap: 1.3B
Category: DeFi / Metaverse
Target 1: 1.2223
Target 2: 1.3965
Target 3: 1.5420
Stop Loss: 0.8475
Manage Risk - have a stop loss in place
Not Financial Advice
This is for Entertainment Only
Cryptocurrencymarket
$ETHUSDT: 3-day trend is bullish, weekly will be soon...I think #Ethereum is likely to pull off the same signal confirmation as #Bitcoin did today, I'm already long from a lower timeframe trend signal, so will let this one play out.
If above $1806.13 during this week, the signal here will be fully confirmed, which could have interesting ramifications as it could trigger a longer term signal as well.
Best of luck!
Cheers,
Ivan Labrie.
ACA with possible golden cross incomingenter on 2hr ... looking for a support bounce - with golden cross incoming ( possible )
Not Financial Advice
This is for Entertainment Only
EGLD nice mid-long term hold broke resistance with nice volumeEGLD nice mid-long term hold
3x -- 5x leverage also nice to trade
Market Cap: 1.1B
Category: Elrond Ecosystem
Target 1: 52.16
Target 2: 56.76
Target 3: 61.31
Stop Loss: 38.64
Manage Risk - have a stop loss in place
Not Financial Advice
This is for Entertainment Only
Steps to invest successfully #2Hello everyone,
During this video we are going to analyse the following subjects:
- Look at the bigger picture.
- Draw trend lines using the most significant lows/highs.
- Look for support and resistance.
- Look for candles.
- Understand where the stock/coin sits now.
- Reasonably predict where the stock/coin will be in the future.
- Make sure you are using EMA lines.
- When and why placing your stop loss is important.
- Pivot point.
Remember, you will never be right every time. However, the key factor is to limit your risk by buying close to support.
Seb.
El Salvador Accept Bitcoin As The Legal Tender Currency El Salvador Accept Bitcoin As The Legal Tender Currency
It was recorded that the price of Bitcoin on Tuesday, September 6th had an approximate loss of 11% in total following the crash of the Salvadoran government legalised crypto storage App. In regards to this news, the price of Bitcoin had a 7 days price change of -6.34% during the close of the last trading week. Where that could be a negative Bitcoin price market update. Perhaps the majority of crypto market participants expect the price of Bitcoin to close above the 52K mark. Yet, the market price closes below the 50K level at the price of $46,242.52. In addition to this report, both individual retail traders and large-cap industries such as standard chartered banks still predicted the price of Bitcoin crossing above the 100k price point. In a nutshell, the craving increase among market players about the price of the crypto market skyrocketing could be revealed in this present week and the coming trading sessions ahead.
Bitcoin Success In El Salvador
El Salvador being the first country to adopt the legalization of Bitcoin as the official currency means a lot to the crypto market and also to the bullish buying power of Bitcoin. Although this "too good to be true" update about the Bitcoin affairs in the crypto market must not be confused with the negative forces that are awaiting the demise of Bitcoin positive price recovery. On average the percentage of Bitcoin supporters amongst the first tier countries and the federal government across all other continents claims a cumulative supporting share of 70%. Based on this fact, highly detailed trading decisions and investment considerations for Bitcoin must be undergone by the investors.
Technical Analysis Recommendations For Bitcoin
Many investors view the volatile nature of the Cryptocurrency market as ambiguous. Because little positive or negative impressions over the price of crypto assets will result in a dramatic change in the overall nature of the market structure and the price. When compared to other financial trading instruments it is a big bet that the price of the cryptocurrency has huge volatility in relation to the stock, or foreign exchange market.
However, a closer look at the Bitcoin price chart indicates a long-term downtrend. Considering the great fall in price from the 52k price point. Market sentiment suggests that the oversold nature of the Bitcoin price will likely be encountered with an elapsing moment.
Ukraine And Uk In Full Support With Cryptocurrency
With Ukraine recent approval of Bitcoin as the debut official currency. Lately, In the Eurozone, the UK post office created a Zero charges digital App ( Easyid) that supports the buying of cryptocurrency from the swarm markets. With the Easyid App post office customers can easily buy Bitcoin and also buy vouchers which can be used to redeem cryptocurrency from the swarm market. On a profitable side, it was reported that Easyid App will begin to offer access for UK post office customers into the swarm market where they can start the purchase of Bitcoin and other cryptocurrency tokens. As at the time of writing this Bitcoin analysis a telegraph publication proclaimed that a ten thousand growing number of post office users are set to buy their first Bitcoin using Easyid App.
Zilliqa $ZILUSDT PT .23 and higherZilliqa Price Prediction: ZIL aims for $0.26 as the odds flip in favor of the bulls
Zilliqa price is contained inside an ascending broadening wedge pattern on the 4-hour chart.
The digital asset intends to establish a higher low and confirm an uptrend.
ZIL must stay above a crucial support level to see a potential 27% upswing.
Zilliqa price established a downtrend in the past four days but is close to a recovery. The digital asset is trading at $0.204 at the time of writing, above a crucial support level and is aiming for a significant breakout toward all-time highs.
Zilliqa price must conquer this level to see all-time highs
On the 4-hour chart, Zilliqa has established an ascending broadening pattern which can be drawn connecting the higher highs and lower highs with two different trendlines. As the name suggests, this pattern gets broader as time goes by.
BTC DOMINANCE Close to a bullish break-outWe see a lot of alts posting impressive gains lately. How long can this last? Based on this pattern here, Bitcoin's dominance is close to finding a support and around the start of Q3, should start rising. Maybe that will kickstart the start of the new parabolic Bull Run for the whole market.
What do you think?
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
Previous studies on alt market cap:
XRP Dominance looking to break out from this triangle?Hi guys, we saw massive move today, jus to find it to bounce back whithin the XRP dominance chart. I think we can break, but nothing is for certain looking to move some more into XRP as it can outperform bitcoin in the next run. We also will need to sew Higher volumes for this to happen! I am not 100% convinced yet. Good luck!
Tezos (XTZ) Enters Top 10 Tezos (XTZ) is expanding its presence and popularity, and is on the verge to line up among top 10 coins by market capitalization. XTZ is one of the few Altcoins with a market cap above $1 billion.
Tezos has already climbed by more than 24% since last week, and its appreciation is speeding up, with predictions of new highs in 2020. It looks like the all-time high near 1.8490 will be test eventually as the bulls remain in charge. If you look at the Volume indicator it seems that the market is really behind this move which is refreshing to see in the current low volume environment.
The H4 XTZ/USD chart now is floating above the SMA 50 and SMA 200 curves. Early this morning the price had peaked above the 20-day Bollinger Band, indicating that it was overvalued. But the bears managed to step back in and bring the price back inside the BBs. The Relative Strength Index had kissed the edge of the overbought zone and has now dropped down to 64. Also MACD indicates increasing bullish momentum.
On downside, the first support is at 1.70, followed by the middle Bollinger Bands line at 1.5672.
But remember, that though Tezos offers better short-term gains in comparison to lagging Altcoins, the asset remains risky.
What is your opinion?
Litecoin is Trading in a Tight RangeThe LTC/USD pair continue fell down since the its halving in late August. The coin has lost nearly half of its value since that time. Moreover, Litecoin’s hash rate has decreased by almost 70% since the halving, which means that miners are not so happy and motivated to support the network.
At the time of writing, Litecoin was down by 0.85% for the last 24 hours. Price action on the daily chart is narrowing within a bearish pennant structure. At the same time RSI indicator (36) is near to its oversold zone. The pair also is limited by the middle line of the daily Bollinger Bands around $46.85. Once it is out of the way and the price break the upper line of the pennant, the upside momentum is likely to gain traction with the next focus on $50.64. There is the upper boundary of the recent consolidation range (also psychological area). It is followed by the upper line of the daily Bollinger Bands at $51.74.
Critical weekly support should be noted at the $45-44 region. And failure to hold could invite another wave of selling. In that event the bears should send the price towards $43.70. This barrier is created by the lower boundary of the above-said pennant. A clear break there will send the price for testing December low at $42.78. Once it is broken, the lower line of the consolidation channel of $41.04 will come into view.