#BTC/USD Broke the Resistance Now Ready for 9kHello guys, Welcome to this update.
BTC broke above the important resistacne Level around 7890.
It also broke above the 85D EMA (Purple line) in the weekly chart which is a very bullish sign as of now it is trading around 8130 area and trading just above the middle Bollinger Band(orange) level. It's highly likely it will try to reach the top BB line within the next few weeks which coincides with the long term Resistance Trendline since 20k. If that happens the price may surge to 9000+ area easily.This is the 7th green week so far. Also If it keeps on trading above the 85DEMA at the end of this week I'll expect 9k around the halving easily.
And after that we may see some retracement.
it's too soon to say that.
Now let's wait for BTC to show some positive momentum. I am long since 7200 and Still holding my positions.
Hope this idea helps. Please Follow me and hit that like button. It's free and helps me to make more content for you guys.
Thanks again
#Peace
Cryptorphic
#THETA Broke the Inverse H&S Now what?Welcome to this quick update guys.
Theta just broke out of the inverse head and shoulders.
The price bounced and I think it is a good position to book some profits.
And left 25% of position to ride in case it follows any of the scenarios shown the chart.
If you're not holding Theta or missed this trade. DON'T FOMO.
Buy on the retest of the trendline and put an SL 20 to 30 sats below your entry point.
Some of targets given in my previous updates have been fulfilled.
#RVN/BTC Re-entry TRADE SETUP. 15%+ Potential ProfitHello guys welcome to this update.
BTC has been doing amazing lately and so are the alts.
RVN had a nice surge after it touvhed the 208 level.
I am expecting it to retrace a bit and than continue it's runup.
Here's the simple setup:
ENTRY: 235 TO 239
Target: 15% +
Stop Loss: 225
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#Peace
#BTC/USD Ready for $12k?Hello everyone. Thanks for coming by to my new Update on BTC.
#BTC seems to be going a bit sideways for the next few days.
The long term lower trendline support turned resistance is now broken and could easily work as a support.
Other Important Support Levels: $8700, $8300 and 7982 which also happens to be the 200D MA.
I think if we can break above the Orange Triangle we BTC will officially enter into a new BULL RUN.
IMPORTANT RESISTANCE LEVELS: $9300, $10400 and $11800. If BTC manages to break above these levels we can easily see BTC reaching the $12000 mark after that we can witness a huge retracement.
All that we need is BTC to hold the lower orange line as a Support. Break below this could lead btc to low 6ks and even 5ks. Unlikely but possible!
Stay tuned I'll update other ideas with shorter TF for you to understand.
#Please hit the LIKE button If you like my charts and follow me for such updates.
Thanks again.
#PEACE
#ETH/USD Scalping Opportunity. Best Entry Zones here!Hello everyone it's been a long time I haven't updated on ETH.
Let's get back to the chart.
ETH/USD seems to be forming a Bullish Pennant.
You can place a bid around $190 and $200.
$190 is a strong resistance turned support region and 200 is a support as as 50D MA level.
Target could be:
$225
$234
$265
Stop Loss: $188.
I will keep you updated on ETH too.
Hit the like button if it helps and follow me for THE MOST ACTIVE updates.
#PEACE
#HBAR Brokeout. Missed?? Still 90%+ Profit potential. BUY HEREWelcome to this short update.
I am using the bittrex chart as it has got more data as compared to Binance.
#HBAR broke out of the falling wedge downtrend channel.
Many of you asked me whether you should buy this coin or not. Always recommended to buy. this asset as low as possible and HOLD.
Bought loads of HBAR aaround 400 sats and sold around 480.
I will be looking rebuy zone at the retest of the breakout channel(GREEN BOX)
I.E, 436 to 358
The Red Trendlines are the Long term targets--->
530
579
651
697
751
860
When the bull run arrives in Alts I expect a massive pump in HBAR.
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#PEACE
#LTC/BTC Long term 250%+ Potential Profit.Hello everyone welcome to this update.
If you're looking for some long term investments, LTC is one of my favourite pick.
Let's get back to the chart.
The chart seems very bullish right now.
This certainly seems the bottom of this Chart.
Whenever LTC touches the black Long term Trendline support we have seen massive rally in LTC.
IMO This could be the best price to accumulate some LTC and add it to your portfolio.
Technically:
Double Bottom in Macro TF : Very bullish Structure.
Bullish Divergence in RSI.
Seems like a good point to accumulate here.
Stop Loss will be : 0.046 (In case it prints a new low which is unlikely)
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#PEACE
#BTC/USD Holding USDT? This is where you BUY $BTC!!Thanks for all the love support and appreciation on twitter and tradingview.
If you read my last update you must know that we already broke above major resistances .
Right now it seems we are trading under a bullish flag channel which will eventually breakout to the upside hitting the local high Resistance around 9490.
STRATEGY TO GET INTO BTC IF YOU'RE IN USDT:
So IMO If you're in USDT you can simply place your buy orders on the important fib level 0.382 $7800 to $8210 or buy above the break of $9500 Resistance.
If you follow this strategy you won't miss the opportunity of the upcoming BULL RUN in BTC.
Please, all I ask you is to HIT that Like button. I know it doesn't matter to you but it gives me massive motivation to work on more charts for you guys.
#PEACE
BTC/USD Coinbase Weekly Clear PictureAlright guys firstly I need you to support me with your likes, comment and Follow.
In this idea I want to make it clear, when the body of a candle is very small body (very less difference in Open and close price) It is called a Doji pattern. The pattern shows indecision in the market. However we need 3 conditions to be fulfilled to have a completely bullish bias.
(1) We need to Close above the weekly Open: $7111 within the next 28 hours 40 mins! (When weekly candle Closes).
(2) We need to Break above the 50D Moving Average which is acting a resistance now.
(3) We need a break above 7800 for the confirmation. (Local Resistance).
With all due respect if we do not have all these conditions fulfilled am afraid we might test the orange line which is the long term support line as well as it coincides with the 200D MA (around $5k) which is less likely to happen IMHO.
So for now wait for the confirmations. If this insight helps you in any way please share it with the cry [to community.
Thanks
I wish you all good fortune.