ETHUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price has fallen down to the S1 zone which can be a good place to buy for the R1 resistance as shown by the arrow. It is less likely for the S1 zone to be lost but if it is, then the S2 zone would be the next area for support. If R1 is broken, the next target would be the R2 zone and if R2 is also broken, then it can go higher. There is no need to worry. This is the nature of the market. There will for sure be a time when the market will recover. Those who are in loss can wait for the good time as shown on the chart to come out of the trade.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
D-ETH
Why BTC will reach 10kIn this video, I explain why BTC will eventually reach sub 20k levels.
BTC likes to drop 85% from all-time highs, we've seen this in 2013 and in 2017.
Adding to that, the current head and shoulder playing out measures a price target to 10k, which is exactly 85% from all-time highs.
Coincidence? I think not.
So what do we do now?
Work hard and save cash.
You don't want to exhaust your cash buying every little dip.
Share your ideas and let us know what you think.
ETHUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. Previously we said that the inverse head-and-shoulder pattern is being formed. There is the R1 resistance which the price hit, was rejected and now is coming down. You can set a Buy order at the area which we have shown on the chart. If it stabilizes above that line, it will go up to higher targets the first one of which is R1, if R1 is broken then R2, and if R2 is also broken then higher prices will be the target. However there is the possibility for the price to go down to the S1 line and then go up. In that case we can set a Buy order there too. If it goes below the S1 line then it will fall more but we do not predict that to be very probable. Our head-and-shoulder pattern stands on its own and the price can complete it in the coming weeks if the R1 and R2 lines are broken and if not then our scenario is failed.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
ETHUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. You see that the price can create a nice head-and-shoulder pattern. The price is now between the R1 and S1 lines. It can go up to the R1 line and if the selling pressure is high, it will fall down to the S1 line. Or it can break the R1 line and after a little rise above the R1 line, make its pullback to complete the right shoulder of the pattern. If it is able to come out of the bear trap and go even higher, then the next target for the price will be R2. But we think that the price is creating the head-and-shoulder pattern and you had better save the profit at the two areas shown.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
ETH Ethereum Technical Analysis & Trade IdeaTaking a look at #ethereum #ethusdt at the moment we just had a trade alert fire, as per the charts, we can see the break out. I'm waiting for the pull back down into the mean, and I'll be looking for a buy opportunity. Be aware this is trading into big resistance. Whether there's enough liquidity there too cause the re-trace or not remains to be seen. USD is fairly weak and I'm expecting the crypto market to take off pretty much. My entry level is as per the video. Not financial advice.
Big tings a gwan for DXY, A/U, A/C, XAU, BTC, ETH, TotalMC!To summarise
DXY failed to make higher highs and then had one last attempt and rejected off key levels on the monthly time frames, creating a failed higher high. It looks like it is wanting to continue its long term channel structure.
But we have to be vigilant to the downside as it could still make a higher low and push higher and break out.
We will watch for the 92 level.
A/U
Made a higher low on the macro time frames, this could be the start of a new long term up trend and this previous downtrend we were in, being a correction to the new uptrend.
We need to break 0.78250 for confirmation of new macro up trend and can trade up to this in the mean time.
Monthly looks bullish
A/C
Potential new higher low on the macro time frame! We have been making higher lows.
I am looking for a retest of the 61.80 on the lower time frames, thats creates a higher low to take longs. Up side targets are plentyful.
Something like this on the shorter frames.
Uptrend confirmed once we break these levels
XAU
Potentially in a bullflag that should break to make ATHs. This correlates with the DXY being bearish.
BTC
Technically we are still in a uptrend and have made higher lows. We have reacted off the 61.80 but need to break the 61.80 on the upside and make new highs to continue the bull market. Will be observing the 60k region. If we fail to make higher highs I am out of the crypto market.
ETH
Same again but with stronger buying pressure. We are still within an uptrend until we fail to make higher highs.
Total Market Cap
same as above but with less sales pressure.
Fundamentally, the increase of price in these assets makes sense with the current inflation narrative.
This is purely opinion and not financial advice. Most of this analysis is done on candles that have not closed yet, until we have confirmation nothing is certain!
Matic what's next? Hello everyone,
How are you managing this bearish market? Is everybody buying the bottom?
Here are my thoughts on Matic, have a great trading year!
#Crypto Investors. PSA! Token Sale. Last Day! (at best rate)Getting in at the ground floor of good #Blockchain projects
Has been a proven way of increasing your fortunes.
#Btc
#ETH
#Sol
#Luna
#XRP
#EOS
and the list goes on
Crypto Whales understand this, do you?
Don't miss out
economic energy in ..... gets multiplied many times over, if you play it right in crypto.
HEX has set the foundation of what is expected from Richard Heart.
Many influencers disparaged the notion of designing a crypto to increase in value over time.
But isn't that, what Satoshi did for Bitcoin ultimately? Halving's, supply cap, inflation to network participants as a onboarding mechanism?
Yes he did.
Midnight UK time is when the sacrifice rate for PULSEX ramps up by 5% a day.
Best of luck
Fortune favours the brave has never been truer.
ETHUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. We had a resistance line R2 which the price could not break and it fell down. The price was not supported at the R1 line and it fell even more. The price is likely to fall down to the S1 line and if it stabilizes above it, it can move back up to the R1 line. You can also notice a head-and-shoulder pattern created by the price. If that is the case, then the price should first hit the S1 line, then come back up to the R1 line, and to complete the head-and-shoulder patter, it must fall down further below the S1 line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
ETHUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. R2 is our long-term trend line which the price has hit two times and fell. You see our S1 line which the price has hit several times and was supported. You also see the R1 line which was a support line previously and then price broke below it and the S1 line could hold it up. We can set a buy order at the S1 line for the R1 target. But if the price stabilizes below the S1 line we can expect it to fall further. Or the price might range above the S1 line and we need to wait for the confirmation of the direction.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Matic (Polygon) 2022 analysisHello everyone,
Here are my thoughts on Matic for the new year.
Let me know in the comments your thoughts !
Have a nice trading year.
Chainlink (LINK) Is UndervaluedAs the major go to oracle in the crypto space that powers the majority of DeFi, Chainlink (LINK) is undervalued at these levels below the 0.236 Fibonacci level at $23. We're also in a trough on the weekly RSI's meaning we're pretty oversold. Chainlink has nice steady long term growth and I personally believe Chainlink under $20 is a steal long term. Point of Control (POC) is around $27.45 where the majority of price recognition has occurred.
ETHUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. As you can see the price was able to break its resistance which is now S1. Now the price is testing the resistance line R1. If the price is not able to break the resistance, it will make another pullback to S1 and then we need to wait and see what happens. If it goes below S1 then the scenario will be bearish but if the pullback occurs to S1 and there is support, then it will move toward its next target which is R1. If the first resistance line is broken, it can move toward our second resistance which is R2 and you can save your profit there. If it moves up again you can buy again. If it falls then you will have saved your profit.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Weekly Market Updatereview of the various tokens. with special attention to the ROSE token over at Aurora