EPIC Is Bearish (2H)It has a bearish structure and is forming a trading kink, which acts as a supply zone. We expect a rejection to the downside from this supply area.
When your profit exceeds 10%, break even and secure some profits.
A daily candle closing above the invalidation level will invalidate this analysis.
A daily candle closing above the invalidation level will invalidate this outlook.
Do not enter the position without capital management and stop setting
Comment if you have any questions
thank you
Epic
EPIC/USDT Futures: Descending Triangle Breakout or Breakdown?Crypto Futures Technical Analysis (EPIC/USDT - 15m Chart)
1. Trend Direction:
The price is forming a descending triangle, indicated by the downward-sloping yellow trendline.
The trend is bearish, with lower highs being formed, suggesting strong selling pressure.
2. Key Support & Resistance Levels:
Support: Around $1.652 - $1.683 (highlighted in purple), where price recently bounced.
Resistance: At $1.819 - $1.85, near the descending trendline.
3. Potential Breakout or Reversal Points:
If the price breaks below the $1.652 support level with strong volume, a further drop is likely.**
If the price bounces and breaks above $1.819, it could confirm a bullish breakout.
4. Entry & Exit Points:
Long Entry: If price bounces off $1.652 - $1.683 with bullish confirmation.
Take Profit (TP): Near $1.819 - $1.85.
Stop Loss (SL): Below $1.652 (around $1.630).
Short Entry: If price fails to break $1.819 and rejects the descending trendline.
TP: Near $1.652 or lower.
SL: Above $1.85.
5. Risk-Reward Assessment:
The chart shows a risk-reward ratio greater than 1:2, making the long trade attractive if price holds support.
Watch volume spikes for confirmation—high volume on a breakout confirms strength.
Final Thoughts:
Bullish scenario: A break and close above $1.819 could trigger an uptrend.
Bearish scenario: A breakdown below $1.652 could push the price lower.
Monitor for candlestick confirmation (e.g., bullish engulfing, doji, or hammer at support).
Would you like a more detailed breakdown or strategy suggestions? 🚀
Epic Cash = Satoshi's vision for Peer-to-Peer Digital CashEPIC CASH is what Satoshi Nakamoto would build today, using modern technology — and the valuable insights learned during Bitcoin’s (and other altcoins’) journey over the past 15 years.
EPIC offers a robust and decentralized financial system that will exist for future generations, immune from geopolitical turmoil and banking crises.
With a limit of just 21 million coins, EPIC follows 100% of Satoshi’s Bitcoin DNA scarcity formula. It has ALL the needed features of a decentralized, current, P2P, digital currency.
Below are just some of the unique feature that make EPIC CASH superior digital cash:
Scarcity
with a fixed supply of only 21 million coins: EPIC maintains Bitcoin’s identical hard cap of 21 million coins — With 84% of the supply already in circulation, its ownership trajectory aligns with BTC’s, to reach 20.3 million coins by 2028.
Mineable by Anyone
EPIC employs a multi-algorithm mining system that allows ordinary computers to mine it with their laptops or desktops using CPU and GPU, making it accessible to over 6.4 billion devices worldwide, allowing for broad usage and continued decentralization. In contrast, BTC can only be mined on ASICs, which are large cumbersome industrial computers that need frequent replacement and have obvious onerous environmental repercussions.
Privacy and Fungibility
EPIC leverages Mimblewimble blockchain compression to ensure that ALL transactions are commercially private, requiring no extra steps. This ensures that EPIC is fully fungible—and every coin is indistinguishable from another, so there are no "tainted coins,” which is an Achilles’ heel of BTC. Absolute privacy is achieved via Mimblewimble technology as no wallet addresses and no transaction amounts are ever stored on the blockchain.
LEARN MORE - epicash.com
has monero bottomed on btc and usd pair?xmr has touched the bottom channel and find supports on the 50 moving average.
looking at my other xmr charts and and an area of resistance i previously highlighted in both has proven difficult to break past.
the btc pair now looks to be breaking that resistance and that alongside the usd pair in its position im bullish and ask are we going to see a merry xmas $800 xmr?
WARNING! DO NOT USE USDT !!!!!Please go past just charts on this one. This is a market cap of USDT. Where is all the "backing" to support this run up? If I was the US Government, I would be asking where the USD tether is?
No wonder UK regulators are all up with their panties up their necks! Talk about a World Class Wedgy!
**** DO NOT HOLD USDT - IT IS GETTING DELISTED!!!! CHECK CANADIAN REGULATORS!!!! THEY DO NOT ACCEPT THE CARNIVAL SHELL GAME BY BITFINEX ****
Epic Trades, Legendary Traders. - A collection. Add your own...Add your own trades/finds in the comment section of Epic Trades , whether your own or one of the - preferably lesser know - feats.
Charts Only(!!) , please. (Comments go into the charts)
Here are a few to start it off;
All of the following trades were executed with >$1 Million US and lasted <12 months
DOGE WILL SKIP THE MOON AND HEAD STRAIGHT TO MARS - AMAZINGAs you can see, I made a triangle. Together with the FIbonacci retracement thingy.
This is without doubt the greatest investment out there. This is a great coin with real life application.
See you @ MARS. ONCE IT BREAKS THE RESISTENCE @ 125. WE MOONIN OUT HERE FAM. TRUST THE TRIANGLE, THE CHRISTIAN HOLY TRINITY WILL ONCE AGAIN TURN OUT VICTORIOUS
T1 160
T2 180
T3 220
T4 300+
USDCAD Daily PerspectiveAfter USDCAD broke out of inverted head & shoulders pattern on March 6th 2019, price came back and retested neck line around 1.3250 - 1.3300 support before going back bullish 160+ pips.
Currently price can retest levels around 1.3300- 1.3250 before another possible leg to the upside towards 1.35000 - 1.36000 resistance.
(NFP) Non - Farm Payrolls (USD) & Employment Change (CAD) release Friday morning if you're located in the US.
So be patient use proper risk management always and wait for multiple confirmations before entering!