Nextmove
GALA broke a descending resistance on daily (Could rally ~70%)
Just a really quick look at an alt that performed well this year, it's showing signs of another move to the upside (if Bitcoin holds where it's at). Gala recently broke a descending res. that has been holding it down & is sitting under the daily pivot point.
Watch for a successful breakout of the pivot point for confirmation of an imminent rally and possible ~70% move as it moves to find new resistance above.
Keep an Eye on Bitcoin however as Bitcoin could ruin the party.
BINANCE:GALAUSDT COINBASE:GALAUSD CRYPTOCAP:GALA
hmmm BTC next move?Well.. looking a the other 2 purple circle, there's a reversal in play every time BTC have a massive green candle near the purple trend line that holds previous low.
If BTC price can close with a green candle on the 5D chart, it would highly probable for BTC to move to the upside rather than the downside.
If not, the price level on 50-52k ish would be the support for BTC to hold if we want to see a new high this year.
This price level also in accordance with the bull market support band that have been proven to be very important for every bull cycle.
If BTC can bounce from the bull market support line, an upside is confirm..
if it close below, we may see a lower level to be tested first!!! this would also shift BTC sentiment more bearish than before!!!
#NFA
#DYOR
The NEW Bitcoin FRACTALHey guys,
while doing another analysis on Bitcoin (I will publish that one shortly after this post), I've found the fractal mentioned in the chart.
The fractal shows many similarities to the current price movement. If the fractal turns out to be accurate, we can expect a big pump in the near future.
The bottom for this last correction before the next run up should be around 54k . Further details I'll describe in the next post.
If you like my analysis, feel free to like this post and comment your thoughts. :)
Have a great day and stay safe!
ETHUSDT (Ethereum Predictable chart !)this is not a signal or advice i just want to share it with you , you can zoom out the chart for more view and details
eth after every major move correct it self to 50% major move
personaly i think this is the next move for Ethereum ( pink arrows )
good luck and be careful in financial markets
Saitama Looks Very BullishPossible opportunity for entry! We are 4 days away from the Saitamask Event in Vegas and the price is consolidating steady! If you are on the fence of investing into Saiatama there is a small window of opportunity presenting itself before price moves to its next price zone in the coming week or so! There are now 191,000 account holders at the time of this post! We are expecting 200k holders before the event on Nov 13th! There will be several surprises being revealed about the future of this Crypto currency that will generate excitement and more investors into the Wolf pack Community! I hope this information is helpful and I wish the best to you all!
what next 50k or 70k? RSI Testing the breakout resistance!!Technical analysis:
Welcome to this quick update everyone,
The #Bitcoin Daily RSI has been on of the best indicators through this year & entire bull run
The price of Bitcoin has followed every bounce or break of the RSI resistance/support
Bitcoin is currently using old RSI resistance as new support
If it holds, expect a big bounce!
BTC made a new ATH of $67k after which it showed some correction reaching the support levels we mentioned in our previous update.
Currently, BTC is holding a strong support between $60k to $61k and if it bounce from this level then we can expect a 10% to 15% rally that will lead the price to a new ATH $70k.
A break down on the other hand will not be a good sign for BTC. If BTC breaks this support level 1 then the next support level will be the support level 2 ($53k to $54k).
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#bitcoin #crypto #nextmove #bullmarket #sideways #btcusdt #dailyclosed
Extremely Good News For Bit Coin Hodler ! BTC Next MoveBit Coin is performing a very good sign for hodlers. In the 1D time frame it has broken a big descending triangle to upward and currently it is retesting it. This is very good sign for bull market continuation. Technical target for this breakout is $ 75,000 exactly !
Thank You !
#DoYourOwnResearch#
#IamNotaFinancialAdvisor#
51400 will be the next stopA pullback from the TL1 and $49300`s key level with a pin bar and TL2's up break shows that the price will go up. but, according to Trend Key Points indicator $51400 is an important key point and the price could range around it in the next run.
Indicators used:
- Trend Key Points
- Abnormal Pin Bar
- Common Candlestick Patterns
- Volume
Time for a big Move? could btc pump or dumb soonTechnical analysis:
Welcome to this quick update everyone
#BTCUSD
Bitcoin is Consolidating in Descending Triangle from last 14 Days.
Volume has Continuously Decreasing, Time for a big Move?
So far Bulls Defending the 34.5k Horizontal Support, If daily Candle Closed Below 34.5k then Next Stop would be Below 30k 📉
If bitcoin Remains Above the Horizontal Support & Bulls Cleared the Descending Trendline Resistance (37.6k), Bitcoin Might RETEST the 46k 📈
BTC Trading at the Resistance level.
Good thing is we are above the 38.5k level.
I'll keep this very simple, we need to close above the 21D Daily MA and maintaining it to be bullish.
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. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
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BTC! Get Rid of it I think I need to review the house rules. One of the 3 ideas I posted is not approved. And why can't I post a video idea? I am open to your help in this matter. I want to use Trading in English, but I wanted to share in both English and Turkish. but I guess that is not possible. I can never say no to any solution proposal.
I am a finance graduate student sharing graphics from different social media channels. The trend-based fibonacci time zone indicator in my drawing on the bitcoin (coinbase) chart usually points to critical periods. As you can see, we will be experiencing one of the vertical blue lines tomorrow too. It seems obvious that the first three worked. I don't see a reason why it shouldn't work this time. The candle, which will symbolize the 22 May trading day, is likely to visit the level of 28,863. At least that's my opinion. I foresee that the return pattern will start on the following day.
However, I should say that the bullish scenario can start on May 23, if it is realized above the level of 36.735 as of the daily closing. Although I call it a bullish scenario, I do not think the price will exceed the 43-45 thousand range. I hope it will pass, but my charts say that BTC will see the levels of $ 28,863 first and then $ 19,891. Actually, without being emotional, the main confirmation point of the chart is at the level of $ 19,291 that I mentioned.
I believe this will happen because both the price has dropped below the 200-day moving average and all cryptocurrencies have exhibited these movements, why shouldn't BTC do it? so maybe the bitcoin dominance will disappear and the market will take on a more unique structure. We need to get rid of BTC! This ecologically and technologically obsolete product that threatens the health of the entire market should not be allowed to affect projects with strong fundamental analysis. Alternative coins, which resisted on the day of the fall caused by Vitalik's sales, gave positive signals about the collapse of dominance. However, the next day, as the etherium fell sharply, they also dropped to funny prices.
MAJOR BITCOIN CORRECTION INCOMING!?!?BITCOIN IS ON THE VERGE OF A MAJOR MOVE!
Currently, Bitcoin is hovering around it's recently new made all time high. But it won't be doing that for much longer!
It is moving along a steep short term uptrend but after taking liquidity at the 20k high, this trend will likely weaken and break!
Don't miss out like you missed out on this recent bull run! Be smart!
EURUSD [DAILY] - READY TO FLYHello traders this is my trade idea about EURUSD .
Please post your idea in comments or write your opinion I will be very happy!
Very simple Analysis for this pair!
*This is not financial advice. I am not a licensed financial advisor. Seek a licensed financial advisor before making any investment decisions*.
USDCAD - SellOff, Rally.. or both?FX:USDCAD
what will we see next with USDCAD?
If you click on my chart, hopefully you can see what I see; if not I'll guide you through it.
March 19th, 2020 - September 1st,2020 (the very start of the COVID-19 Pandemic) USDCAD's value went down an estimated 1650 pips. On September 8th, 2020 price broke out of a falling wedge pattern; therefore causing it to rally up until coming down and making its new higher low. Price began forming an uptrend once again after making this new higher low. If price startes to curve after hitting point C (1.348-1.345) we will see a sell until off past this higher low ( until around 1.295-1.3).