Volumes are increasing as EU hands over the reigns to US pre-market. Dumpy is the name of the game today so far! But as we find the bottom of the current dump from 21500 down to 21100, we're hitting support as we might have expected, looking at trading lines that lead out to Sunday EOD. Since we're in the support zone now, I might expect tight ranges between...
There appears to be forces at work that are expect (are working on making) $DXY move down to 106.5 levels by months end. Today, 108 to 108.5 is in the window I'm looking through. Simple as that! Keep an eye out though, if we break 108.5, the market's gonna be tanking pretty bad, and there's already divergence between $DXY and assets like $BTC in play this week,...
If it breaks the chanel, the trade becomes invalid. It requires a confirmation of atleast 4 more hourly candles, and we are good to trade within the range on 15m or 30m charts. Make your resisstance and support and you are good to go!
Ethereum has rallied into stiff resistance from a dense cluster of levels starting at $1653. We have since retraced slightly, finding support again at $1653. Resistance should continue through the $1700's, but if we can break through, then our next target is $1821. If we continue to retrace, then our next target is $1547. We should not see much action in the...
Hi friends! It`s a rare thing when almost 3 huge support are concentrated at the same price level. Of course, it`s a chance for the long traders to open a long there, because the traders will hold this price and don`t let the price fall lower. 📊 Preconditions to open a long: 🔥 test the trendline, $264-274 value area and $277 key level as support 🔥 volume...
ETHUSDT. On the chart there is an interesting situation in the resistance zone of the global descending channel. As we can see, then from the support, around the beginning of June, the formation of an upward corrective movement began, which reached the channel resistance. The price tests the zone and at some point breaks the support of the local uptrend channel....
Ethereum - Intraday - We look to Sell at 1676.8 (stop at 1723.8) Broken out of the channel formation to the upside. The medium term bias remains bearish. Selling pressure resulted in the market posting net daily losses. Preferred trade is to sell into rallies. Expect trading to remain mixed and volatile. Our profit targets will be 1533.4 and 1500.00 ...
On the H4, with price breaking out of an ascending channel and reversing off the stochastic resistance, we have a bearish bias that price will drop to the sell entry at 1642.25 where the pullback support and 50% fibonacci retracement are. Once there is downside confirmation that price has broken entry structure, we would expect bearish momentum to carry price to...
Hi friends! The GALA price returns to the area where the biggest volume were traded. I suppose that whales buy their GALA here at the bottom. Now you can see how the price return to this area agin and it`s a good chance to open a long if this preconditions will happen: 🔥 false breakout of the $0.046 key level or short squeeze below the local lows to activate...
Trade Idea: Selling Ethereum Reasoning: Continuation lower expected Entry Level: 1652.47 Take Profit Level: 1534 Stop Loss: 1695 Risk/Reward: 2.78:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis ,...
BingX’s Bitcoin Chart According to The Block, as of August 24, the NFT marketplace volume for the month was $369.53 million, compared with $675.43 million in July — a roughly 46% decline. Bitcoin price is almost flat over the past 24 hours. The largest cryptocurrency has been trading in a tight range between $20,800 and $21,500 since 19 Aug, indicating the...
Date: Date: Aug 22 2022-Aug 26, 2022 This week, the crypto market is in a recovery phase after a rapid decline. BTC’s heavy volume engulfed the Yin column last week destroyed the previous upward trend, and the attenuation of its volume and energy also shows that the market heat is not here. The daily line is bearish and rebounds weakly. Before stabilizing at...
It broke down the hourly uptrend. It can pull back from here, but unless there is a close above 1780, the decline is likely to continue.
ETH formed an ascending wedge with its peak on the resistance!price drop down to 1600 is inevitable!
Based on technical factors there is a Short position in : 📊 ETHUSDT 🔴 Short Now 1662.00 🧯 Stop loss 1790.00 🏹 Target 1 1525.00 🏹 Target 2 1275.00 🏹 Target 3 1001.00 💸Capital : 1% We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
HEDRON Daily chart now...with HDRN, lots to talk about, but lets just look at the chart. When any chart is above the "bull market support ribbon" while the DeMark 9 is showing a possible bottom, and the RSI bounced off the bullish trendline, this token is in extreme BULL MODE. look at next supports and resistcmces for price targets.
MAXI Daily chart This project has been fantastic. Not only Bigger Pays better, but the Free Token in Exchange for the HEX stake pool, has been very bullish. Watch for the bullish breakout from the Wedge. and i have supports and resistances and price targets listed...I see big things here.
BTC daily chart: I called this as the bottom and published on Trading View on the exact morning of that day. I believe BTC has hit that bottom "unless" a black swan event were to occur like MT GOX on August 28th release of all the BITCOIN, but looking at the chart and staying true to what data the BTC chart is giving me, the RSI has never been oversold at...