For the BINANCE:ARKUSDT.P Long Trade Setup, the following values are suitable for our interval trade: Entry: 1.3350 Target: 1.5289 Stop: 1.2670 Cost Reduction: 1.2807 The profit is reasonable relative to the risk.
Looking at ETH on the 4h, we can see our DVO indicator called the short perfectly! The top short was called at 2120 which remains strong resistance followed by 1925 (support turned resistance). Now it's currently bouncing off the next support of 1850. I'm closely watching the DVO indicator to see if it flashes a buy near support. If it does, that will be a strong...
In this idea, I'm going to cover the main support/resistance levels for ETH, as well as the calls from my Wave Fusion indicator and where I think we're going from here! As you can see from the chart above, Wave Fusion called the sell on ETH perfectly (blood moon) on the 1h chart and called the relief bounce (moon symbol) as well. We had ETH in a horizontal...
Looking at the Bitcoin Investor Tool chart which depicts Bitcoins price within the 2 year daily moving average and the same average multiplied by 5 we can see that Bitcoin is trading at the lower band of this channel. While may trend a bit lower or even break it appears more likely that soon Bitcoin shall rise again and trend towards the upper band to ultimately...
If you are a firm believer in the future of Bitcoin, or a newcomer to the market wanting to get started then this period we are in right now could offer one of the best opportunities to buy into the fastest growing assets while it's at a discount. When the Pitchfork tool is overlaid on the BTC price action from 2021 onwards we can easily see how the current...
Ethereum has entered retracement of the brutal bear trend. A push toward the next psychological level 80 can be expected on the next leg down. DEVIATIONS INDICATOR HOLDING SHORT DURING THE RETRACEMENT
Moves lower are being fueled by the EOS Decentralization Debate. Support was broken at 3.4 & again at 3.38. C WAVE INDICATOR SIGNALLING FURTHER LOWS TO COME.
Set Protocol, a DeFi-native investment platform, has added a new token set that rebalances between Chainlink’s LINK token and stablecoin USDC . The efficacy of the strategy is dependent on ChainLink’s very own oracles. The token has appreciated by approximately 130% since December 2019 & LINK strategy is signalling more long.
Maid saw a move higher in the previous session. ATR INDICATOR HOLDING THE SIGNAL LONG
Ripple is developing a feature that could allow users to mint asset-backed tokens directly on top of XRP Ledger. Not even good news seems to be able to hold off the bears. ATR INDICATOR SIGNALLING SHORT
LITECOIN on Friday was down 10.09% on the day. The move downwards pushed Litecoin's market cap down to $3.793B ATR INDICATOR HOLDING THE TREND SHORT
The IOTA network has been down for approximately 11 days and the IOTA Foundation doesn’t expect the mainnet to be reactivated until March 2. ATR ALERT HOLDING THE TREND SHORT FOR NOW