MARATHON DIGITAL HOLDINGS Double Bottom Set UpMARATHON DIGITAL HOLDINGS Double Bottom Set Up
If Crypto continues it's bull run, we could see MARATHON DIGITAL HOLDINGS trade to at least 60 dollars a share.
If you trade on leverage, you could have a stop loss below 18.62, which is the rex box.
Then you could look to take profits higher and make at least a 2/1 return if not more depending on how well this Crypto cycle plans out.
Crytocurrency
#btcstarburst Hope for the Moon!!Things are looking Bullish… That doesn’t mean anything today. Tomorrow could have blood on the streets or 10k green candle. Right now we did jump in a new channel. If we can stay in it that would be awesome the purple broken lines are the top and bottom of the channel… The Gann study is hard for most people to understand… All lines are support and resistance. They will become support once broken and verified. Breaking 49k seems like it might be a major challenge IF we are going to the moon… DCA safely remember its your property
Ethereum’s Half Trillion Dollar Bullish SignalCryptocurrency market research firm IntoTheBlock has just revealed that more than $500 billion worth in Ethereum (ETH) have been pulled out from major crypto exchanges in the past 72 hours.
According to the firm’s data, the year’s largest outflow consisting of 180,000 ETH with an average price of $2,750 occurred on Tuesday, a figure that also represents Ether’s greatest aggregated exchange outflow since October.
IntoTheBlock explains that the occurrence, which also includes 190,000 ETH deposited into Lido platform’s Ether liquid staking, is a bullish sign for the price of ETH given that when such outflows have taken place in the past, the crypto has jumped by 15% in 10 days.
BTC 15 minute - one day chart - FEB 13/22 I can not go below 15 minutes but even with 15 i have to work fast to stay ahead. this is a one day quick study. Still in a tricky area. If i was money id try to shake the rug out a bit more. Take advantage of the news try to play some fear and get people to cash out. Then scoop.
ETHUSDTPERP: Head & Shoulders PatternHello, traders.
I'm gonna talk with you guys about ethereum short strategy.
Partitial take profit @ 2925
-POC
-Falling wedge upper trendline
-fib 38.2%
Partitial take profit @ 2845
-POC
-Falling wedge upper trendline
-fib 38.2%
Partitial take profit @ 2770
-Neck line range
-Prior order block
-Trend-based fib extension 2.0
ETH/MYR - APPROACHING DEMAND ZONEHappy Weekends to all the Traders out there. It's been a while that I've been stop doing analysis in the market. This is my first analysis on Ethereum pairing with MYR. What I got here is a bullish Alt Bat formed in Daily timeframe.
So it means that there's a potential for this pair will have a rebound on bullish reversal. This is the plan I'm gonna do for this opportunity.
1> wait for a pin candle to form with higher volume compares to the average.
2> price action of the candle react a bullish divergence in oscillator indicator within the PRZ.
3> put an order after the price piercing thru the dash trend line.
4> go for the 1st target price of MYR 13669.05.
Just in case the the plan does not happen if the price breach below 7188.74 region, this opportunity will be consider void. We shall see.
Signing Out.
This maybe the BITCOIN'S next move!!!A strong support is waiting at $42200 area, the downward trend is in making in 1 hr time frame.
1. In Binance: Huge buying pressure is at $45000 and$44000 area which can give short pump in alt coins but if trend line broke downward then $42000 is coming for sure.
2. Bitcoin dominance is increasing, so it's better to take long and short positions only in Bitcoin for safer side. Max Leverage 3X with strong risk management.
Be-aware of whales as they will eat your portfolio and pump theirs!
We need to close above 50K zone for next rally!
Bitcoin - Bullish Scenario! Huge Opportunity!Hello All!
Here we can see the bullish scenario for the Bitcoin price. Looking at past history we can see the falling wedge is a powerful formation for the Bitcoin price which can lead to a huge rise in the price. We can also see a small bullish divergence that has acted before as a start in a bullish run at the bottom of the falling wedge. For Traders, it is best to wait for a break in our resistance zone before initiating long positions. As for investors now would not be a good time to sell as we have not broker structure yet.
To view the bearish scenario and how to trade it view our previous post. Also, view our post on how to catch the top and bottom of the Bitcoin price to help you master swing trading the bitcoin price action.
Binance Coin Price Analysis — December 13Along with the rest of the crypto market, Binance Coin (BNB) continues to trade in a sideways momentum on Monday as market uncertainty remains unabated. The third-largest cryptocurrency has traded between $600 and $540 for most of December, following its descent from $650. That said, I expect to see a fresh influx of momentum and trading volume this week, which should help BNB break above the 50 SMA line at $570, a critical near-term juncture. Furthermore, the primary target for bulls is the $600 top, where a confluence of resistance lines resides. Regardless, a sustained fall below the $540 support remains unlikely as we head into the end of the year.
Meanwhile, my resistance levels are $580, $600, and $620, and my support levels are $540, $520, and $500.
Total Market Capitalization: $2.25 trillion
Binance Coin Market Capitalization: $93 billion
Binance Coin Dominance: 4.14%
Market Rank: #3
AVAXUSDT - Buy it with TP/SLBYBIT:AVAXUSDT
1H trend chart
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AVAX has broken out the descending wedge, so it's a nice timing for long
Our trading strategy as below.
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Profit Targets:
a) 96.53----Fib(1)
b) 101.879~104.030----Fib(1.272~1.382)
c) 108.665----Fib(1.618)
d) 116.165----Fib(2)
Stop losses:
a) 88.365-----Red horizontal ray
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If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
HIVE - Good Opportunity For Long
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HIVEUSDT - Daily
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The price has broken a very good trend.
It can be the best entry point in the pullback.
In terms of wave count, we are in wave 3.
If the price accelerates, the second target is available.
Everything will depend on the market situation
But I think we will see the second target.
Maybe after hitting the first target, the price will move in an increasing triangle.
And after passing the first target, the price will reach the second target.
But this can only be an idea.
But now, The data of the first target is stronger than the second target.
And it is more likely to happen.
And the price forecast may not be very interesting.
And it is better to consider the first target based on the current data.
After the price reaches the first target (of course, if the analysis is correct and the pullback is done well), we will review the chart again.
The last point is that:
If we do not have a heavy crush on bitcoin
We will have very good growth in the chart.
and for this reason. Altcoin trading may be a bit risky.
So to enter this trade, please also consider the bitcoin movement.