SVV ENTERING NEW VOLUME ZONEThank you for reading this update.
In our prevous update we did follow SSV from 13 USD, we have seen in the short term that SVV did made new volume gains.
Depending on our new study we see that SSV has a good chance of volume increase.
This updates depending on day trade, And the market should confirm with time the right market way.
#Nottradingadvice
#For day traders take always profits when market increase
#Expect noting from the markets, but follow what it shows.
Cryptolevels
Risk/Reward favors downside shift to risk Off Sentiment.. BTC has reached a crucial point in which candles appear to be failing around 35K. We must consider potential scenarios to begin the new month of November. In One of these scenarios we may anticpate a retracement to capture fomo liquidity. Fomo liquidity is psychological concept in trading that refers to the chasing of price.
New Monthly candle retracement for liquidity purposes.
Current : 34775
33,372 TP 1
TP 2 30,300 Weekly Level
Trade idea Fakeout back below 35K
SATS NEW VOLUME INCREASEThank you for reading this update.
Depending on our study we see that SATS has a good chance of volume increase.
This updates depending on day trade, And the market should confirm with time the right market way.
#Nottradingadvice
#For day traders take always profits when market increase
#Expect noting from the markets, but follow what it shows.
XRP ☁️ 24 Hours; Short-Term Bearishness? A bullish sun will shine over the largest crypto tokens, Bitcoin and Ether, in the next 24 hours and over a longer one-week horizon. 🌞 However, altcoins like Ripple’s XRP, Cardano, Avalanche, Polkadot, and Chainlink won’t profit from this positive trend and face bearish ☁️ trading conditions.
Binance Coin and Cardano will face bearish clouds ☁️ in the next 24 hours, but then profit from a bullish sun over a longer time horizon, ATTMO shows. 🌞
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BTC 🌞 24 Hours Ahead; Weekly Forecast Bullish?The sun 🌞 shines over most of the global crypto market in the next 24 hours, signaling upside potential for both Bitcoin and Ether. However, Litecoin, Ripple’s XRP, and Binance Coin face bearish clouds. ☁️
Over a one-week horizon, the bullish sun will continue to shine over most cryptocurrencies, including Bitcoin and Ether. A bearish trading trend will prevail over some altcoins, such as XRP, Avalanche, Polkadot, and Polygon. ☁️
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BITCOIN (BTCUSD): Bullish Wave is Coming?!
BTCUSD formed a classic bullish pattern on a daily:
I see a completed ascending triangle formation.
37900 - 38500 is the neckline of the pattern.
If the price breaks and closes above that on a daily,
it will confirm the strength of the buyers.
A bullish movement will be anticipated to 40000 then.
❤️Please, support my work with like, thank you!❤️
DOGE Looks ☀️; Upside Potential in the Next 24 Hours? Mixed trading conditions hover over the global crypto market 🌐 in the next 24 hours, with a bullish sun ☀️ shining over Bitcoin and Dogecoin. However, bearish clouds ☁️ will exert pressure on the rest, including Ether, Ripple’s XRP, and Binance Coin.
Over a one-week horizon, the sun is forecasted to break through 🌥️, casting rays of positivity on Ether, Litecoin, and Binance Coin. Bitcoins are expected to bask in this upside trend ☀️, according to ATTMO. Nevertheless, bearish clouds are predicted to persist over XRP, Avalanche, and Polkadot. ☁️
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BTC Sees Sun in the Next 24 Hours ☀️; Rebound Ahead! Mixed trading conditions hover over the global crypto market 🌐 in the next 24 hours, with a bullish sun ☀️ shining over Bitcoin and Dogecoin. However, bearish clouds ☁️ will exert pressure on the rest, including Ether, Ripple’s XRP, and Binance Coin.
Over a one-week horizon, the sun is forecasted to break through 🌥️, casting rays of positivity on Ether, Litecoin, and Binance Coin. Bitcoins are expected to bask in this upside trend ☀️, according to ATTMO. Nevertheless, bearish clouds are predicted to persist over XRP, Avalanche, and Polkadot. ☁️
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ETH/ USD a small down trend to a key level.At the psychological level of 2100, price does not show signs of breaking it and trending upwards. We notice this and can confirm it on the daily as clear as day. on the 4H we can see clear rejection towards the downside. At the same time we can see a trendline forming.I can see it clear as day that price will go down to 2000 easily before bouncing off the trendline.we also notice a bearish divergence already formed on the daily TF. We can see itclear as day. we need to focus on what's there and what the marketis saying to us. cool.Thanks.
$AVAX Update - Strong Support Zone - Potential for breakdownA few updated price levels on AVAX, Incredible asset but has the potential for a breakdown below current levels, if it maintains (Which I think it will), we should see a rise to the outlined $28 region.
Refer to my previous CRYPTOCAP:AVAX post for more information.
Is Bitcoin Overbought on the RSI a sell signal? Bitcoin - CRYPTOCAP:BTC
Short term BTC Chart that's not really my style but I thought it was interesting.
We are on day 13 of being overbought on the RSI. In the 3 examples below, recent history suggests we can remain overbought in the RSI for 23-26 days on average (12th - 14th Nov)
Please recognize that in past bull markets the RSI remained oversold for much MUCH longer and I am long term very bullish with a long term spot position.
This is just something I observed. We are against stiff resistance here at $35.2k and we have more at $39-40k. Now we are aware that we can have another 10 more days of potential price upside regardless of RSI being oversold, however trades on shorter timeframes might look at the latter end of the 10 days window as a taking profit /de-risking opportunity.
Just something i noticed and thought i would share because an oversold RSI would put anyone off, but with BTC it can stay there a lot longer than you might think.
PUKA
$ALGB token primed for a once in a century pumpWriting this from my phone, will update the chart in the morning and give a more through analysis.
I recommend having at least a small bit in your portfolio, it is a relatively high risk asset so don’t bet the hoist but I do believe we will see a ridiculous increase in price over the next month. I’ve been holding for a few months without seeing any positive movement, nice to see it finally getting some gains
AVAX GROWTH - CHART - Supports and ResistancesThis is just a supporting chart for the Video I put out Earlier.
Currently touching the bottom of the channel I mentioned.
With the recent announcement by JP Morgan's ONYX regarding their stake in AVAX I thought this would be the perfect time to cover this Incredible asset.
In short ONYX is predicting that subnets ( individual blockchains that have been specifically designed to suit the needs of institutions. That means extra consideration has been given to network privacy, gas, ETC) will be extremely valuable to institutions in the near future and are betting big, since this announcement we have already seen over a 20% increase in price, but how much more can we actually run?
From a Technical side, we are at a huge inflection point, In the past when we have crossed the $18 region we have seen explosive growth, anywhere from 200% - 700%. Although it is highly dependent on bitcoin / ETF approval/ overall market, If we can maintain above this zone its only a matter of time before we fly to our first targets / Resistance points
Outlined here are a few important zones to watch
Resistance Point 1 .382 level: $24.00 ( Just rejected off this 12 hours ago)
Target 1 : - $ 26.60
Target 2 (Midterm Major Resistance/Support Zone): $61.86
Strong Resistance Zone : $93.50
Target 3/ Breakout Resistance Zone: $112.75
ZRX Breakout the descending broadeningDescending Broadening Wedge Pattern Explained
A descending broadening wedge chart pattern is a bullish reversal pattern. This pattern is created by two declining and diverging trend lines .
A descending broadening wedge forms as price moves between the upper resistance and lower support trend lines multiple times as the trading range expands during the downtrend in price. Price should touch each line 2 or 3 times to be considered a valid pattern. This pattern looks like a megaphone pointing down and to the right.
A descending broadening wedge is looked at as a bullish pattern as it forms but it is not validated as a buy signal until the pattern starts to make short term higher lows and higher highs and the upper resistance trend line is broken and price begins to move to the upside and above the upper trend line. As the descending broadening wedge pattern is forming trading volumes become most meaningful as the pattern breaks out above the upper trend line, this should happen on increasing volume showing that the chart is starting to go into an accumulation cycle.
Crypto Forecast: ADA ☀️ 24 Hours; Correction in 1 WeekClouds lie ahead for the global crypto market, including Bitcoin and Ether in the next 24 hours, translating to a slightly bearish trend. ☁️ Altcoins Cardano, Dogecoin, Polygon, and Chainlink, however, enjoy bullish sunshine.
Over a one-week horizon, the ☀️ bullish sun will return for both Bitcoin and Ether. Yet, cloudier bearish trading conditions will prevail over Ripple’s XRP, Cardano, Binance Coin, and Polkadot. ☁️
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