GMX shortGMX broke trough the support level. Asset broke trough the ascending trendline. Bearish movement to support level at 50 is possible.
Cryptotrader
Best Investment Opportunity Of The Decade - Staring Right At YouHi Traders,
Hope you enjoy this simple TA pointing to a very nice bullish setup for the new year/decade. This time and price will be legendary.
Best of luck hit thumbs up.
BITCOIN (BTCUSD): Detailed Technical Outlook ₿
Bitcoin successfully violated a wide horizontal daily demand area.
The broken structure turned into a supply zone.
The market is correcting now.
I spotted a bearish flag pattern on 4H time frame.
Its bearish breakout may initiate the next sell off.
Watch carefully the reaction of the price to its rising support.
Consider shorting after a 4H candle close below with initial target being 22100.
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SasanSeifi 💁♂️CHZ /USDT UPDATE🔥83% 😍✅From the range of 0.83
HI Everyone ✌ By examining CHZUSDT in the Weekly time frame, As you can see According to the latest analysis, the price faced buying pressure from the range of 0.080 and was able to grow by 83% to the range of 0.1890. 🔥✅
Currently, in the long term, the price is gathering volume in the range of 0.13. We can expect the price to grow again to the range of 0.1890 after the fluctuation. We have to see how the price will react.Otherwise, if the price penetrates below the range of 0.12 and stabilizes, the targets of 0.090/0.082/0.058 can be considered.
Keep in mind that for a positive trend, it is very important to consolidate above the 0.1890 range and break the descending channel.
❎ (DYOR)...⚠️⚜️
WHAT DO YOU THINK ABOUT THIS ANALYSIS? I will be glad to know your idea 🙂✌️
IF you like my analysis please LIKE and comment🙌😉
MTL : IS THIS COIN GOING TO SHOW A HUGE BREAKOUT OF 300% UPToday, we conducted a study on a certain coin for the upcoming time period. We observed an intriguing connection between a previous breakout of up to 300%, as depicted in the accompanying image, which occurred within a 3-hour period.
Upon further examination, we noticed that a trend had been present for 10 hours prior to the breakout, indicating a breakdown trend. Currently, we are seeing similar trends, with a breakdown that has been in progress for 5 hours.
It's important to note that this does not guarantee a breakout will occur, and we cannot guarantee any outcomes. We are simply highlighting the potential for a breakout based on our observations.
Based on our study, the coin MTL is still worth considering if it remains above 0.80. However, we do not focus on day trading for this coin, as our primary focus is on the breakout view.
Do always study, and see this update only as a view
For day trading
The coin is currently displaying a breakdown trend on the low time frame and it would be intriguing to see if it targets $1.11 again.
The key level to watch for is $1.98. The last breakout of 300% did reveal first a short-term breakdown for 10H, then broke out in 3 hours by 300%.
on this chart, we see a similar pattern.
Depending on the breakdown time frame, we are now at 5H.
There are more views showing a similar trend, our of the basic time frame patterns.
TOTAL - Crypto market phases🟩🟨🟥⬜️Update on this chart since ~5 month dear Crypto Nation😎🚨
These repeating patterns of different market phases are still valid IMO🟩🟨🟥⬜️
Did we finish the A-B-C correction and are at the start of the Bottom market phase for Cryptocurrencies ❓
Let me know your thoughts in the comments🤗
⬇️⬇️⬇️
Likes and Follow for updates appreciated🤗
Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
AUDIO : THE DCA CYCLE COIN THAT ARE ABLE TO RUN $2 USDwe made since today a new study on the DCA coins that have a cycle with the possibility to increase the coming time for the year 2023.
We found out that AUDIO has a high chance to increase to targets of $0,66 and in a better trend way to a high target of $2 USD.
This coin shows a pattern of increase depending on the study, further it shows a DCA trend that could bring this coin into new breakouts.
We will follow this coin and see how far it can go.
For the short term, AUDIO is at a point where it can break out to $0,31 into short term.
This update is a view for 2023
The market can go up and down, but it's about the general view, and that is that this coin has a high chance of breakout in the coming time.
a real cycle coin comes always with a strong increase back also when it breakdown with the main market.
SasanSeifi 💁♂️MANA/USDT : 6H UPDATE 21%🔥✌✅ALL TARGETS REACHEDHI✌😎As mentioned in the previous analysis, the price faced buying pressure from the important support area of 0.61 and was able to grow 21%🔥✌✅ALL TARGETS REACHED
❎ (DYOR)...⚠⚜
WHAT DO YOU THINK ABOUT THIS ANALYSIS? I will be glad to know your idea 🙂✌
IF you like my analysis please LIKE and comment 🙏✌
BTC Done or moar fun!If you find this info inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
Bounce off of an area of interest I had been eyeing for awhile.
Now I see 5 Elliott wave waves up, but is it done? 🤔
Seeing some confluence in the yellow box.
Here too
But if it breaks above that, next resist is in the 28k area.
Break down, need some levels to turn flippers. 🐬
Break W4, impulse complete.
Cheers!
ADAUSDT: The Starting Point of a Bull Run to 0.4600?Hello, Fellow Cardano Trader and Investor!
Price Action Analysis
ADAUSDT is breaking out of the daily bearish trendline. On the H4 Timeframe, ADAUSDT has broken out of the Descending Broadening Wedge Pattern with an impulsive candlestick (Marubozu). MACD indicator also made a golden cross, signifying a possible upside movement to the target area.
Other Technical Drives and Fundamental Drives
a. U.S. Dollar Bearish Bias Still Prevails!
b. Potential Slower pace of Interest Rate Hike in the future
All other explanations are presented on the chart.
The roadmap will be invalid after reaching the target/ support area.
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the ADAUSDT"
*Support the channel by smashing the like button and follow for more content!"
Bitcoin ($BTC): Analysis & Price Action in medium-termHi Traders!
If we look at Bitcoin in long-term, the weekly chart is still very interesting. Technically, we are approaching an important medium-term resistance area, and if the trend is still bearish, it is possible that a bearish impulse structure will appear and the area around 14,560 should be reached. What both scenarios have in common is an expected short-term bearish leg (white rectangle), and this will be a simple pullback or bearish reversal. The key resistance area on the weekly chart is around 26.750 (Pivot Area).
In recent weeks we have also followed BTC on the daily chart (see chart below), here the trend has returned slightly bullish, but as we have already said, on a big figure the trend is still bearish.
(Click and Play Chart below)
On intraday chart, the trend is bullish, but we will have to wait for a Top breakout to confirm a further rally in short term. At the moment, as we expected, Bitcoin is developing a bearish (corrective?) structure that could continue in the next few hours.
(Click and Play Chart below)
Thank you for support and your "Likes" ....we will continue to follow the crypto with updates below!
thanks for your attention and please... trade with care! 💖
Bitcoin - BTC frost zone❄️& heat zone🌞scenarioBitcoin frost zone❄️& heat zone🌞scenario
Look at the great Entry🌞and Exit❄️points for a BTC bullish run in past heat zones🌞
And now... next cross ahead⁉️🚨
Give me a ♥️ if you ♥️
Let me know your thoughts in the comments🤗
⬇️⬇️⬇️
Likes and Follow for updates appreciated🤗
Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
BTC My plan If you find this information inspiring/helpful, please consider a boost and follow!
Any questions or comments, please leave a comment!
Also, check out the links in my signature to get to know me better!
Still working this video thing out. Going to be using TV as a rough draft. So uploads on other places will have the corrections and will be cleaned and scrubbed.
Quick basic short term idea, IF an impulse prints here. Cheers
Like Sand in the hour glass...If you find this info inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
From an Elliott Wave stand point I would be looking for at least a sweep of the low. My main focus is on these levels that seem to be reactive atm.
I will be keeping an eye on these levels for plays.
Cheers!
FET, Elliott wave EXT 5?If you find this info inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
Quite the run up! Congrats to the bulls!
No call to action yet on this one but, there are some Elliott Wave red flags being thrown. I am thinking .4889 is the price to reclaim. If it heads up there in a lazy fashion or just keeps going sideways, looking to play the proposed B/X wave down to at least the .31 area.
Cheers!
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Coming down in a manner consistent with the last update. Still liking it as an Elliott Wave Expanded flat. Looking for a completed impulse down to keep it on the short list. Coming into the GZ along with some other confluence would be ideal, as always.
Cheers!
Eth head, looking for an impulse.If you find this info inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
Looking for an impulse down here as an anchor to use to make plays off of. I am not calling the bounce here, per se, simply looking for an Elliott wave impulsive structure to complete. This support level will also come in handy.
Cheers!
Bitcoin ($BTC): Daily Chart Technical AnalysisHello everyone!
Perhaps in near term, the bulls will still have the upper hand and could drive many retailers into margin call exposure, thus managing to close out their long positions, but after that, I expect a major corrective structure. The expected rally that we have been following in recent weeks (see chart below), may need at least a consolidation, leaving the door open for the Sellers (short-term). In many cases like this, the corrective structure develops two strong bearish legs and one corrective leg (ABC pattern), and many of levels shown on daily chart can also be found in the latest analyses. During the last few months I have noticed that macro-economic news, especially on the inflation side, have an important influence, perhaps because since bitcoin has existed we have never seen such a particular geo-political and macro-economic context (war and inflation in primis). What will I do this week? Well, thanks to the contribution of my supporters, I will go looking for continuation patterns or reversal patterns on minor time frame, but above all I will keep an eye open on Altcoin opportunities (not only on my channel, but also here on TradingView we are following some Interesting trades about altcoins).
THE RALLY ...
(Click and Play Cgart below)
💥Bitcoin : Support area approach in short term
WEEKLY ANALYSIS
(Click and Play Chart below)
INTARADAY ANALYSIS
(Click and Play Chart below)
Bitcoin ($BTC) Corrective structure in short term? We'll see...
...and you, do you have any different ideas? Let me know in the comments!
...trade with care! 💖
Cheers!
Jasmy update, is it done retracing? If you find this info inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
Played out as the bearish Elliott Wave variant was laid out.
if it prints an impulse down the correction could just be beginning. If it prints a ZZ, could lead to continuation.
Cheers!
12HR USDT Dominance Cup And HandleI'm Bearish on Crytpo until USDT.D Gives a bearish retest of 7.17 level.
CRYPTOCAP:USDT.D
CRYPTOCAP:TOTAL
Will also be looking at Total Crypto market cap for confluence on this idea
Watching these Fib Levels as resistance
If we get a bearish breakout of this cup and handle, it's not uncommon to get a small consolidation before the pattern then see it breakout and over through the handle.
Looking for bounces around and above 7.17
If USDT.D gets down to 7.17:
scan charts for RSI overbought and close to local highs(lower highs from dominant trend) for entries for shorts going into 2023
If Charts are giving Bullish Retest on support, could be a sign to go long.
If USDT.D does breakout bullish: Look for some extremely bearish news to come with it.
looking for a retest of the cup and handle to confirm more downside for the market.
I could see this going as high as 11%
Leave a comment if anything if you have any questions about this idea.
Merry Christmas Traders
Bitcoin short-term view - BTC broke above $23,455👀Bitcoin short-term update
(a) BTC broke above $23,455👀
(b) next bullish target at $24,150🐂
(c) next bearish target at $23,127🐻
Have a great day😎
Let me know your thoughts in the comments🤗
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Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
Chiliz (CHZ): High Risk setup in medium termHi everyone!
If Chiliz (CHZ) develops a bullish impulse structure, it might be interesting to try taking a Long position on the corrective structure. One very important thing to know is that this trade is high risk, so using a very very small size should be necessary, if our analysis is correct then we will have time to add Long positions on pullbacks, I am a Trader, and the thing most important to me is risk management.
If this idea will be supported by your "Likes" we will continue to follow the crypto with updates below.
thanks for your attention and please... trade with care! 💖
Have you been following our latest analyses?
Filcoin
(Click to chart below)
GMT
(Click to chart below)
Solana
(Click to chart below)
Sand
(Click to chart below)
Matic
(Click to chart below)
Gala
(Click to chart below)
Near Protocol ($NEAR): "Buy the Dip" is the best strategy here..Hi everyone!
Our view appears to have been correct (see chart below), and technically $NEAR has triggered a nice rally. If you have followed my previous analysis you know that my view is bullish and target shown previously has not yet been reached. With that in mind, my strategy is simple, add long positions on any pullback or "Buy the Dip" if corrective structure appears.
PREVIOUS ANALYSIS
(Click and Play on chart below)
...trade with care! 💖
Cheers!
N.B.: Updates will follow below
