Bitcoin Move up to 44.3-44.5kHey Traders,
As you can see on the Daily Chart of Bitcoin (BTC). The price action has formed a falling wedge. The Elliot wave count shows that the breakout is imminent. The ema's are for decoration. We have hard resistance right now because not only is it a trend- line but there is also the orange basis ema of the daily Bollinger band in the same spot. Additionally, the MACD histogram will flip green soon indicating an uptrend! But expect a retracement up to the golden pocket near 44k!
Safe Trading,
-Pulkanator
Goldenpocket
BTC LONG! Where I Think We Will BounceBTC Just had a stellar run over the past couple of weeks, so it's time for the fated retracement to shake out the weak hands and for smart money to accumulate larger portions sizes...
Annnnd, I will be jumping aboard that boat. Here s my BTC trade that I am taking and riding up to the 52k Target where relatively equal highs reside and buyside liquidity rests.
My two entries are 42180 and 41300.
Not Financial Advice, DYOR and ALWAYS use proper risk management.
GALAGALA is getting getting rejected hard by the GP/Resistance. It's trying to change trend, but still ways to go until Downtrend Channel's Upper limit.
Looks like it's retracing, how far isn't clear yet, I'm watching what GALA will do at 0.23446.
Theory #1
GALA bounces off 0.23446, it can go parabolic again and break through the GP.
Theory #2
GALA breaks below 0.23446, it will travel towards 0.22445 - 0.22173 region for another strong bounce attempt.
There's no strong change in Volume, so both Theories are in play.
I'm watching GALA on an 8M chart as it approaches 0.23446
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
❤️ If you enjoy my ideas, Please like/comment, it means a lot, Thank You! ❤️
TUSDTThesis is pretty simple:
Following a weak channel (token is brand new, but it's on Binance)
Fibonacci Retracement taken from the genesis to ATH, gave me the target.
TUSDT breaks below 0.18, I'm Shorting to the GP of 0.145 to 0.15, with a pit stop at 0.1655.
Once GP is reached, I'll plan a Long entry, i.e. back up towards 0.1655 and previous Fibonacci levels.
Trailing-stop real hard on TUSDT.
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
❤️ If you enjoy my ideas, Please like/comment, it means a lot, Thank You! ❤️
Ascending Triangle on the daily BTC On the daily timeframe we have this beautiful ascending triangle.
As we all know ascending triangle is bullish pattern and it's very high probability to break to the upside.
However we may go down to retest support line before we break to the upside.
The target of this pattern is 55.3K which is in perfect confluence with the golden pocket.
What do you think about this ascending triangle?
Feel free to leave a comment.
If you like my ideas please follow me and like the post because i am posting every day and you can find always something interesting on my profile, i am new to Treadingview but i have 6 years expirience in trading.
BTC TO THE MOON!
Update: Avalanche (AVAX) critical support confirmedUpdate: Avalanche (AVAX) critical support confirmed as great support
... volume profile support
... FIB golden pocket
... support on OBV
Will these 3 support-combination have been strong enough! 😎
Will AVAX break $100 again soon? What do you think?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
We have descending channel on 4 hourly BTCWe are in descending channel on 4 haurly btc chart.
I just want to point out that we are at the strong resistance levels like daily resistance, point of control and golden pocket. On top of that we have this channel with multiple touch points on the downside and 2 touches on the upside.
With that hidden bearish divergences and bearish candel close on the weekly i am not sure if the bulls are strong enough to fight back at the moment.
This may be bad for the bulls if they dont show more buying preassure and some spicke in volume.
As of my trades i am taking 50% of the table from 41.9k and look how is this going to play out.
What do you think about this descending channel and can we break all this resistances?
If you like my ideas please follow me and like the post because i am posting every day and you can find always something interesting on my profile, i am new to Treadingview but i have 6 years expirience in trading
#Flow just flipped the MA-Ribbon bullishFlow just flipped the MA-Ribbon bullish...
Next resistances are the FIB golden pocket and the FIB 0.786 including volume resistance.
The RSI is near oversold on this 4h chart and a temporary consolidation likely.
But first good signs overall for further recovery.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
Avalanche (AVAX) at critical supportAvalanche (AVAX) at critical support...
... volume profile support
... FIB golden pocket
... support on OBV
Will these 3 support-combination be strong enough? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
BTCUSDT Binance - Approaching support, but H&S Target is lowerBTCUSDT Binance - Approaching support, but H&S Target is lower
You can see we have two channels, one in an uptrend and another one in a downtrend.
As we lost the Local GP and the previous pivot, we're almost at 0.786 fib level of the move from 28k to 69k. We could see a potential bounce play, but the Head & Shoulders target is again at 28k...
That target very much aligns with the uptrend channel lower border so, BTC can potentially stop right there. This area will also be the Main Golden Pocket from March 2020 massive dump to All-Time High.
The FUD is crazy, and Russia's crypt ban is not helping at all so, I would urge caution for now, but I'm sure that the asset is still strong and will recover in the long term.
I will be buying the uptrend channel border and the H&S target (green line) as I truly believe there will be a bounce there.
Lastly, the RSI is oversold, and Stoch RSI approaches the bottom.
Plan the trade, and trade the plan level by level!
Cardano ADA just touched the point of control from December 3rd.Cardano ADA just touched the point of control from December 3rd.
There are of course higher POCs with magnetic attraction but a correction down to the untouched POC at $1.279 matches with FIB golden pocket and volume profile of this upward movement.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
RUN IT UP BIG DOGBitcoin is coiling up if this support at 40k holds. After todays pump im convinced we are in a triangle on the verge of a bullish breakout, after we tap the golden pocket on the nect triangle retrace. 75-80% trend completion is when i look for a breakout of a triangle. what do you folks think.
AMC -- The Road Up Goes Down, Part 3So, where are we headed? Well, the descending wedge that has formed points to the 8.392 fib @ $13.74. However, I do not see us playing out the entire wedge. That gold box seems like a reasonable zone to aim at, and I wouldn't be surprised to see a touch of $16.95 to satisfy the gap that remains from the June run, but at a minimum the golden zone sits just above the tip of the descending wedge.
I can imagine a scenario where such a move ignites volume, wakes up a latent demand zone which will look like a long wick on a daily candle when all is said and done.
#ANY - Sitting inside of the Golden PocketAny is currently sitting inside of the Golden Pocket when you use the FIB levels from the most recent Swing Low's to the Swing Highs. I made a video break down on ANY which showed some very bullish and ambitious projections by the company for the future it will be interesting to see if this will help propel the share price up if you need another example of this look up my published idea on BLNK
ADA MFI oversold levels, fib levels and fractalToday MFI daily has reached the same oversold level as the bottom of July-September capitulation period.
Fractal of July-September fall looks interestingly similar to the fall of September.
Both drops reached the golden pocket fib levels of around 0.6 which is not surprising.
Will ADA repeat the same story?
Are there enough fundamental news coming up in the near future to compensate for the bearish price action of today after e-toro delisting it?
I'm personally bullish on Cardano at these prices, but is not clear how long we will remain bearish in the short term.
Are you accumulating or dropping the bag now?
Bitcoin claws back lost gains as it looks to reclaim 20MAThe range high is the November, 10th ATH of 69000 (Coinbase) while the range low is 55600. Our current weekly candle (11/14 - 11/20) high is 66300 while the weekly low is 55600. RSI has fully reset from the bearish divergence caused by the rise in price and fall in RSI from October 21 to November 10th and is currently at level 45.20 moving towards 50 on the daily chart while it's at 41.68 moving towards 50 on the 12 hour chart and at 50 on the 4 hours chart where we see a switch from bearish to bullish MACD. The RSI on the 12 hour chart foreshadows a potential bullish crossing of the MACD and Signal line which indicates the possibility of rising price action. This portends the price moving upward towards the resistance at 60k and potentially retesting the 20MA.
As always do your own due diligence. Not financial advice.