ETHUSDT What's next? Please see the call and put options!Hi All So there seems to be a LOT of bullish sentiment about a market recovery RN
So lets look at the charts...
Focusing on the DAILY chart here.
*Ok main thing here is, we broke the daily EMA for the first time since March 2020 market crash, we are still technically in a bullish upside channel, but the thing is the MACD is still below the EMA ribbon and the RSI should ideally hit below 30, as with all crashes have gone below this level.
*Looking at the resistance an support level we have clear support and resistances at *1550* AND *2450* we came down to 1760 and didnt break below this.
* We have a VERTICAL TRIANGLE FORMED we use this to dictate our trades next...
.. if we close above the current green candlestick we are one, and close higher, we could potentially see it up to 2450 straight BUT most likely we will see it close down, heading down to 1630 as shown.
... From 1630 it will test this level, if it close above we know we can long call option to 2450.
This is my most likely scenario.
You can set longs and puts as ive indicated on the chart background.
Thanks
Marlene
ELON
Can we get together and go SHORT on Tesla ? 🦈🐬🐟🐠🐡🍣We probably cannot but it would be fun to see all 'small fish' retail investors/traders go short on Elon's Tesla right on support....
A nice push OFF THE CLIFF, exactly how Elon did with Bitcoin (and all the rest off course) pushing the price lower at the PERFECT time!
Yes, technically speaking these crucial support levels are a cliff.. an inch lower and you go scuba diving 🤿, or bungee jumping if you don't like getting wet the wrong way.
So, at the same time that Elon ambushed BTC and sent all cryptos lower, his 🐋TESLA IS FINDING BUYERS 🐋RIGHT ON SUPPORT 🐋and rising higher🐋. Is Elon swimming with the whales? (Probably is.. until they eat him).
That has to be great news for Elon and we all hope he is happier and in a good mood now so he can focus on changing the world and conquer the outer space.
Unless off course we all go short on TESLA (AND PUSH IT OFF THE CLIFF).. But then we might not got o Mars and Jupiter for holidays one day and I get stuck on a beach here in Cyprus. so let it be, let's give Elon a break. He is happy in the arms of the big whales. He helped them buy Bitcoin a bit lower.. it's ok, forgiven.
1.😂😂 twitter.com CHECK THE 'TESLA FORMATION' ON THE BITCOIN CHART HERE! 😂😂
2. I am not closing my short positions on Tesla motors.. I am only increasing them now 🦈
3. 🦈🐬🐟🐠🐡🍣 no matter what fish you are, you will end up being sushi if you use more synthetic (leverage) and less holdings (assets, stocks, crypto spot etc). Play with some leverage but understand the risks involved.
the FXPROFESSOR 🐬
It's Easy To See with BTC as easy as 123 all the data points are so easy to read. It looks like we should be recovering at least in the short term.
As long as we continue to bounce back off of 28000 I believe even if we ride the bottom for a again just the short term.
We should correct and hopefully return the bull market with new highs in august. worst case we break that 28 bounce back or not an re-enter
a brand new uncharted Bear Market.
Yeah ugly chart but shes oldschool and she works
DOGELON ELON - IT'S ALL ABOUT THE HYPE - CryptoManiac101ELON / USD
It's all about the hype and the tweet, not utility it seems. So what do we do here? Do we just sit on the sidelines and watch as Doggy coins skyrocket with absolutely zero utility or do we analyze and try to enter before the hype in order in possibly increase out holding, in order to then move these profits into crypto projects that matter and have real life use case? Exactly, we leverage what we know and just trade.
In all seriousness, these types of crypto 'projects' are to be trades only with what you're fine with completely losing. Serious!
ACEUSDT Continuation Triangle4hr close outside of the blue triangle will be considered a confirmation of direction (still possible to go down of course). I am expecting continuation to the upside with a target of $1.
This is not intended as financial advice and is intended for educational purposes only!