Cryptos
Bitcoin short-term view - next targets to watch out for 👀🐻🐂Bitcoin short-term update
(a) BTC reached my bearish target of 26,666👀
(b) next more distant bearish target at 25,363🐻
(c) next bullish target at 27,950🐂
Have a great day dear Crypto Nation😎
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Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
ETH is STILL in a PHASE B.If I Consider 12.05.21 being a Climax (BC) and 19.05.21 an AR, Then my FORK is set in the Following way :
Creek > 4379$
ICE > 1400$
MID Range > 2480$
ST > 3990$ / 1700$
UA > 4877$
1. WHY THE COLLAPSE as of 18.06.22 is NOT A SPRING ?
Even if PA has reintegrated the FORK, to being considered a SPRING (PHASE C), it should (PA) at least kick the ST @ 3900$ before sitting on any LPS (Last Point of Support) and exit by the TOP.
IT DID NOT !!!!
Furthermore, and obviously, the Volume does not show any potential sign with full lack of Harmony (Weiss) to confirm being a SPRING.
Finally, after made an Elastic Jump, it only arrived to reach the VAH then slipped back seeking some potential Liquidity before to reintegrate it again...
Mathematical deduction >
If not a SPRING, what could it being a part Major SOW ?
If not a PHASE C, then still in the Observation Phase (B) !
2. "THE b Shape" and THE LVN.
Even if my Fork, defined in the introduction, is not really accurate, let's express the Volume Profile of the ACTUAL RANGE since January 21 !
Actual VAH > 2075$
Actual VAL > 1031$
Actual POC > 1564$
As you can deduct by yourself, PA has reintegrated the FORK defined by the Fixed Range Volume Profile. There is NO JAC; No bounce, even for testing above the MID range of my initial FORK...
If reintegrated, then ST (1700$) should be the KEY, and POC might be visited again.
WHY it might be visited ? I have a big conviction that the LVN below this POC (1564$/1270$) should be closed ! I think it should be obvious for everyone who understand what the analyze of the volume profile really shows !
THE story of "b Shape".
It is not really over ! I agree ! Yes of course the PA should visit above the MID Range (2480+).
It should... When ? That is the question... Maybe tomorrow, maybe in one week, maybe in one month, a quarter...
BUT !!!!!
OPEN INTEREST providing us a very clear information regarding THE potential interest of MMakers... You don't agree with me ?
SO !
If there was not any UTAD made, we don't have the confirmation of the Breaking ICE. If we didn't see the SPRING, we should see it soon in order to get access above the MID Range ! And IF the SPRING (Phase C) might happen, where do you think, it will take the LQ if not below 1k figure ?
I just fixed 1k to not really afraid you !
Just Think about....
Don Pablo
HEXUSD: Crossed over the 1D MA50 giving a buy signal.HEXUSD crossed today over the 1D MA50 and despite the equally strong retracement back under it, it gave a strong buy signal on a 2 month horizon. The 1D technicals are neutral on the 1D timeframe (RSI = 47.190, ADX = 18.360) supported by the 1D MA200. Since it crossed above the LH trendline last week, it entered a same pattern as January 6th that rebounded straight to Fibonacci 1.382. We have a more modest target on R1 (TP = 0.13000).
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Bitcoin short-term update - next targets 🐻🐂Bitcoin short-term update
(a) BTC reached my mentioned bullish target of 29,305👀
(b) next bearish target at 27,950🐻
(c) next bullish target at 29,720🐂
Let me know your thoughts in the comments🤗
⬇️⬇️⬇️
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Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
KAVAUSD Pivot trade on the 1day MA200 closingKava/ KAVAUSD is trading inside a Channel Down on the 1D timeframe.
Today it is testing the 1day MA200 for the first time in 6 weeks.
If it closes a candle over it, buy and target 1.09000 (58.70% rise).
If it closes under it, sell and target 0.69000 (Support A).
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LUNCUSD Bearish under the 1day MA50, bullish over it.Terra Classic/ LUNCUSD is inside a Channel Down, which has the 1day MA50 as its Resistance since March 2nd.
As long as it trades under it, target 0.000075.
If it closes over it, target the 1day MA200 at 0.00014.
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Bitcoin - BTC near points of bullish power🔴Bitcoin BTC
The Cumulative Volume Delta (CVD) displays the cumulative volume changes based on the volume traded by sell aggressors🟢versus buy aggressors⚫️
Points of switch to bullish power🔴
Are we here dear Crypto Nation?👀🚨🚀
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Disclaimer:
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Do your own research before investing
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Binance Coin WCA - Ascending Triangle PatternHello and thank you for taking the time to read my post. Today, we analyze the Binance Coin (BNB) chart on the USDT pairing on the weekly scale, focusing on a classic price pattern called the "Ascending Triangle Pattern."
Ascending Triangle Pattern:
The ascending triangle pattern is a bullish continuation pattern that usually forms during an uptrend. It is characterized by a horizontal resistance line and an upward-sloping support line, representing higher lows. The pattern indicates that the buyers are gradually gaining control as they push the price higher, leading to an eventual breakout above the resistance line.
Analysis:
The general trend for Binance Coin was bearish since 08/11/2021, with the head and shoulders pattern marking the top. However, from 20/06/2022 onwards, we entered a consolidation movement characterized by an ascending triangle price pattern. This pattern displays multiple touchpoints on the horizontal resistance and two clear wicks as diagonal upward slanting support. All of this occurs above the 200 EMA, suggesting a bullish environment i.e a bullish continuation.
Price Targets and Resistance Levels:
The price target for this pattern is set at 494, representing a ~46% price increase from the current level. On the way to the target, we may face minor resistance at 453. A breakout above the horizontal resistance line would be a strong signal to enter a trade.
Breakout Filter:
A breakout filter of 5% helps to avoid false breakouts and premature entries. We will continue to monitor the chart closely for any signs of a breakout. Until then, this trade remains a watchlist candidate.
Conclusion:
The Binance Coin weekly chart analysis highlights the ascending triangle pattern, indicating the potential for a bullish continuation. As we wait for a breakout above the resistance line, traders should closely monitor this chart and consider proper risk management and position sizing before entering any trade.
Please note that this analysis is not financial advice. Always do your own due diligence when investing or trading.
If you found this analysis helpful, please like, share, and follow for more updates. Happy trading!
Best regards,
Karim Subhieh
BITCOINHello traders ,what do you think about BITCOIN? After reaching the ceiling of the ascending channel, Bitcoin could not cross it .Next, we expect it to fall to the midline of the channel and the specified support zone and then grow to the specified level
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FLOKIUSD is 0.000077 realistic after today's pump?FLOKIUSD crossed over April's 24th High with ease as it smashed above the 1D MA50. The MACD is on a strong rise as well, completing a Bullish Cross. According to a similar price action in February, the current rally can complete the move on Fibonacci 2.0. That is at 0.000077 and is a trade worth taking.
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BTCUSD Trade the Triangle's break out.BTCUSD is trading inside a Triangle that has been holding for 3 weeks. Both the 4H (RSI = 52. 631, MACD = 105.300, ADX = 23.108) and 1D (RSI = 52.837, MACD = 205.700, ADX = 20.677) technicals are neutral, so the best approach would be to wait for the price to break out of the Triangle regardless the direction and trade accordingly.
Over it, we will target the R1 (TP = 31,000), while under it, we will target the S1 (TP = 27,000).
Prior idea:
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Bitcoin short-term updateBitcoin short-term update
(a) BTC reached my called bearish target of 28,728👀
(b) next bearish target at 27,950🐻
(c) next bullish target at 29,305🐂
How was your day dear Crypto Nation?😎
Comments💭Likes & Follow🔗appreciated
Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
The Bitcoin Event Of 2023The Next Big Bitcoin Event
Its getting to that time again the next Fib time sequence is around the corner, for months I have been going on about the next date, the last week of June 2023. Last year we managed to predict the biggest move of 2022 end of May/June 2022.
I would say I was pretty dam close and if you look at the date of that publication that was January 2022 so months before this timeframe, I already knew the outcome and it was all because of this Fib time sequence I have been using for over a year now.
When it comes to technical analysis I focus a lot on time, I think time is the key to be ahead when these macro pivots come and so far on a macro timeframe, we been successful since the start of 2022. The Fibonacci time sequence you see the main chart about is one I’m currently following closely even though is not the one, I have been following for over a year it still lines up to last week of June 2023.
If we look at the last cycle when can see that the timeframe between 0.5-0.618 happen to be a major pivot.
If we zoom in, we can see how closely 2019 its following, if we continue mirroring then its possible we see 38k top by end of June 2023 and come May 8th (0.5 Fib) we shall start seeing the pivot to the upside. Many traders are pointing to a retest of the top of previous resistance which was 25k , I think that is also possible but we would have to close above the 0.382 fib Fan to keep this rally alive , so a wick down to 25k and a close above 26k , just like it did march 6th 2023 with that massive weekly candle wick.
This date May 8th is lines up closely with the next FOMC meeting where will see what rate hike we will get if we get a pause, it would be setting up perfectly for one leg up, history shows that pauses cause short term rallies which are then followed by massive drops.
USDT dominance broke and closed above the 2/1 Gann Fann that I was watching closely which is not a good sign at all , if Bitcoin did wick to 25k then its most likely USDT would go up to the 3/1 Gann fan which is where it got rejected last time again march 6th 2023.
The bump and run that took Bitcoin out of a bear market last cycle gave us the pico top at 13.8k which was the 0.618 , this was the technical breakout target of the bump and run reversal
So this is where things getting interesting, the technical breakout target of this years bump and run that did the same thing as last cycle, took us out of a bear market is 60k , that’s right folks that’s the target of this Marco pattern.
So now to the doom and gloom the red dashed projection on the main chart. Every cycle we make a Marco double bottom , it will be a black swan event , last cycle it was covid this cycle war/banking etc many catalysts out there pick one , here it does not matter if it comes we go in heavy because we will be expecting it.
As you can see the double bottom happens before the halving event always and we are about 300days off the next which is in April 2024 so it is possible that we get the “pivot” for the crash coming last week of June 2023 if we keep on making lower lows on the daily week after week.
This year it is definitely much harder to call a direction, most of the market thinks we have plenty of time to move up but for me its 60days for the move whether is up or down it all depends for me on holding that 0.382 fan fib , we start closing under it come end of June then red projection is likely to play out , one thing for sure coming into this timeframe things are going to get crazy.