BTC/USD presents a compelling short opportunity as it tests an intraday market structure level. Intaday targets are set below the recent lows however HTF targets are near 50,000!
Market Context: CRYPTOCAP:SUSHI has reclaimed a key support zone at $0.548 and held above it for the past week, indicating strong acceptance. A potential break of the current trend could offer a medium-term trade opportunity. Trade Setup: Entry: Ladder into the position between $0.57 and $0.60. Take Profit: First target: $0.73 Second target: $0.86 Third...
After doing top-down analysis i'm looking for FUSIONMARKETS:BTCUSD to start heading back to the upside. The price has hit the monthly FVG and 50% consequent encroachment and showed me divergence as well so my bias is bullish.
🔍Bitcoin has been ranging for several days, and the main market volume has shifted to Ethereum. This shift is primarily due to the significant hype surrounding Ethereum's ecosystem, attracting more investor interest compared to Bitcoin. 📆 Today's Coin: ENS Today's focus is on ENS, a coin within the Ethereum ecosystem. Due to the substantial hype around it, ENS...
🔍Yesterday, Bitcoin was rejected at the 63,200 resistance level and remains within its trading box, potentially heading towards the bottom. As Bitcoin dominance continues to rise, altcoins have suffered more, with many breaking through their support levels and continuing to decline. One such altcoin is DYDX, a DeFi token that allows users to open long or short...
The 21 week MA was tagged last Wednesday for CRYPTOCAP:BTC Watching the 21 week SMA & 50 week SMA can serve as a great medium term risk gauge for Bitcoin Crosses of these moving averages have been decent 🟢buy &🔴sell signals to date The 21 week SMA held for the 2015/17 bull run, and it holds today. All the same I would not be surprised to see price...
Simple trading - Head and shoulders I do not need to say much, BTC has broken below the head and shoulders neck line. SELL (entry6300) I would usually wait for a break and retest, but it's the weekend and BTC could drop in a couple of hours. Or it may hold above 63000 until tomorrow. USE STOPLOSS (63500)
Ai is the next big thing! Buying ChainGPT in Buy Areas, and targeting potential SWING PROFIT AREAs for long term. I personally have CGPT coins from buy area $0.16 - been buying along the way, as well as buying Dips! Holding this coin for potential gains in the upcoming Altcoin bull run! Pls trade at your own risk! Profits are never guaranteed, your Capital is...
Ethereum! Anticipating a retracement from Weekly Zone 3,519$ and monthly zone 3,346$. Wow! What an ascent that we have observed in recent weeks. A bull market typically has healthy retracements from profit taking and to clear late buyside liquidity. Gathering liquidity is necessary to continue the upside campaign and so we may retrace and consolidate for some time...
Price breaks the trendline and closes above. Initiate long Positions when the price retests the trendline.
📊 Analysis: Current Level: TOTAL (Cryptocurrency Market Cap) is at a level last seen towards the end of the last bull run. Resistance Zone: Currently in the $2.50T - $2.67T area of resistance, and it's extremely overbought. BTC in Price Discovery: BTC is in price discovery, and uncertainty exists regarding how high it might go. Risk Management: Traders need to be...
Bitcoin - Not A Prediction An interesting comparison to the price action that took place in Nov 2020 (post May 2020 halving) On one serious note, it reinforces just how important the 21 Day Moving Average is. If lost, we can expect at minimum ST pull back. #bitcoin CRYPTOCAP:BTC
Arbitrum stands out as a premier layer-2 scaling solution, witnessing a remarkable surge in its token price, soaring by over 300% from its recent low of $0.5 to $2.4. This surge has captivated the attention of investors, especially amidst the bullish sentiments of 2024. Presently, the token's trajectory indicates a bearish trend, hovering close to its support...
Bitcoin - Potential Pattern The only monthly candle that I could find that has wicks as long & a body as small. Six years ago in Jan 2017 before an epic run from $900 to $20,000 CRYPTOCAP:BTC Not a prediction. More probable short term scenario is down as outlined on the chart. Just interesting the similarity. Having a position is as important as having...
| QNTUSDT | LONG @ 98 - 102 | TP @ 103, 104, 105, 106, 107 | SL @ 90 | PATTERN = 200 EMA RETEST | BINANCE | Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and higher time...
| GALUSDT | LONG @ 1.5 - 1.6 | TP @ 1.7, 1.75, 1.8, 1.85, 1.9 | SL @ 1.3 | PATTERN = DESCENDING TRIANGLE BREAKOUT | BINANCE | Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and...
It is now the most important time in this whole fractal; it's been over 381 days, and Chainlink continues to mirror its past. Link is now in a Pennant pattern, which is a bullish pattern. The question everyone is asking is, is it over? Has it stopped mirroring? The answer to that is no; it has not stopped mirroring as of this moment. As you can see, even...
The volume of trading in this currency is a strong indicator of buyer interest.📊👀 The Inj currency has seen significant growth in the past 60 days, rising by 250%. This growth is due to a number of factor