Hello friends! DYDX is clearly in a wedge on the 3h chart. We note that after the recent push, the asset returned a 50% Fibonacci retracement. So we have a purchase setup here. Buy in the current range, between 1.20 - 1.15. Stop: 1.00 Final target: 2.50 Exceptional risk-return ratio. That's what I'm going to do. And it is not an investment recommendation. Who...
Hello Trading View friends! I will bring another analysis about BTC. Notice this pattern that I describe in the center of the graph: This classic widening pattern is a consolidation that occurs in the asset. See the 2014-2016 cycle. The price came from the top to the bottom and entered a widening pattern. After making 3 touches on the 3-week chart near the...
Hello friends from TradingView! Take a look at this chart and its details. We can clearly identify three events. The colors help describe: Gray: Accumulation. Blue: Pattern breakout. Green: Bull Market. 1- In 2015, BTC went through an accumulation phase in a symmetrical triangle throughout the entire year. However, after breaking out of this accumulation...
Hello Trading View friends! I bring here a reading about Bitcoin! The hash ribbons indicator is known for accurately pinpointing BTC buy points. And it has long served as a benchmark for crypto traders. Since 2017, there have been 7 buy signals on the weekly chart. All these signals were quite profitable. Now note the following: The close of the BTC weekly...