🔥BITCOIN IS ON THE WAY TO TOP OF CHANNEL. WHY $25,200 SOON?🚀🔥 Hi friends! All markets are doing very well. Crypto especially stands out against this trend. Most of the altcoins we bought made more than 100%, some 200-300%. And Bitcoin, which we bought that month for $16,700, grew by 40%.
Only one(!) monthly candle absorbed the previous FTX dump and months of consolidation. The month, week are closed very bullish.
But what gives me confidence in continued growth? Good condition of the US stock market. Bitcoin is so correlated to global markets. A lot of fundamental events were this week:
🔥 FED rate +0.25%
POWELL (Head of FED):
- I BELIEVE A "SOFT LANDING" OF THE ECONOMY IS STILL POSSIBLE
- FOR THE FIRST TIME, WE CAN DECLARE THAT A DEFLATIONARY PROCESS HAS BEGUN 🚀
🔥 the reports of the three giants Amazon, Google and Apple yesterday cooled down the markets a bit. Bitcoin fell to $23,200. But Apple is rising today, having fully recovered in value after yesterday's drop on a record buyback.
🔥 the lowest unemployment rate in 54 years
✅ The economy looks so strong and it is the best precondition to grow even to $40k per BTC.
📊 TRADING PLAN FOR BTC:
1. reaching the key level and top of the local channel $25,200
2. open a short of the false breakout of channel top happens. This will be the most bearish signal as the return of BTC inside the channel at $17,600
3. open a long if it will be tested as the support (candle should close above the level even if shadow squeeze below). It will be the best confirmation of the presence of the bulls
🚩 If pullback happens now, BTC has more chances to grow to $28k and higher. Because during the pullbacks, the market is cool down, which allows crypto to grow higher and higher.
✅ THE MAIN TARGETS FOR BTC ARE $25,200 AND $28,000 AREA. Here I recommend focusing your attention on closing your longs and try to find the best short entry. Of course, I will inform you about it at TradingView. So stay tuned!
Traders, what are your targets for BTC for this month? $20, 25 or 30k? Maybe $12k? Write your thought in the comments!
💻Friends, press the "boost"🚀 button, write comments, and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Shib
Bitcoin Looks Pretty Solid For Recovery Descending Broadening Wedge Breakout has already confirmed
Moving Averge golden crossover Is Happening While Btc Testing Crucial Resistance
If Golden Cross Happen And btc Breaks Crucial Resistance Got cleared In Between 24 To 25k Area
Then Btc Can Recover Sharply
Out Midterm Target Will Be 45k Area
Shib poss EW Counta possible count for shib, I,ve got the second big pump it made pegged as an X wave so im expecting back to the highs or close to the highs as the top of a macro 3 wave then down for a month or two before the final pump up somewhere between the 4.618 and 5.618 of the macro 1 wave - lets see how it goes
SHIBA INU (SHIB) technical analysisSHIB has broken the downtrend line, or the downward wedge to be exact, and gone up in the first minor wave. Currently, we are in the minor corrective wave which soon will be over; unless Bitcoin makes another crazy downward move :)
There are two possible upward movements for SHIB: 1. if the upward unfold in an A-B-C wave, after that most probably the major correction will continue and SHIB will go down further. 2. the upward wave can also unfold in five waves.
SHIB: Resistance BreakoutShiba Inu (SHIB) technical analysis:
Trade setup : Following a bullish breakout from Falling Wedge and above 200-day moving average, price also broke above $0.000013 resistance. Trends have reversed. Upside potential to $0.000018 next.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish but extremely overbought. ( MACD Line is above MACD Signal Line). RSI is bullish (> 55) but extremely overbought (> 80) which could imply that price could briefly pause or pull back if it reaches Resistance.
Support and Resistance : Nearest Support Zone is $0.0000100 (previous resistance), then $0.0000080. The nearest Resistance Zone is $0.0000130, which it broke, then $0.0000180.
✴️ Shiba Inu Major Bullish DevelopmentShiba Inu has been growing since late December, wait no, it has been trying to grow since June 2022 but each time it met EMA300 as resistance, a strong rejection happened.
In mid-August 2022 SHIBUSDT tried to move above EMA300 but only did so by a wick, a strong rejection happened and a multi-months long correction followed.
Late October 2022 the story repeats, a wick high that was rejected at EMA300.
Again, but this time 18-January SHIBUSDT faces resistance at EMA300, no rejection, it keeps battling with this level for weeks until finally yesterday EMA300 breaks, the bulls win.
A major development as EMA300 is the longest moving average we track and moving above this level confirms long-term growth.
Moving above MA200 opens the doors for long-term growth but above EMA300 this potential has been confirmed.
As this level is conquered Shiba Inu hits a multi-months high and is set to continue growing.
The next target as usual is mapped on the chart.
You can see the 'Related Ideas' below for previous predictions... They all hit.
Namaste.
GST Long$GST Green Satoshi Token seems to have choose the path UP vs DOWN for now. It may just be bouncing the levels in the triangle. We shall see. If continues up, take profit at marked red circle. If no breakout, expect retrace and swing trading to bottom triangle trendline or buy area. The coin is quite unpredictable. But we do what we can. Lol.
SHIB🐕 breaking out once again? 2Wassup guys! This is a follow-up to my last SHIB idea where we had no trade in the end...
It's still the same song as we are knocking on the cyan channel upper edge (daily timeframe) again and again:
Price is consolidating right below the channel upper edge in form of symmetrical triangle which is usually continuation pattern. It seems to me that Shiba Inu could be ready to break up this triangle📐 and IF successful I think there is chance for run to 0.00001375. I'm setting the BUY STOP-LIMIT order to recent range high anticipating the triangle breakout. If you would like to see SHIB pumping, just smash the 🚀 button! 😀
ENTRY : local high @ 0.00001195
STOPLOSS (SL) : local low @ 0.00001129
TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 0.00001375
REWARD RISK RATIO (RRR) : 2.7
INVALIDATION : when SL level hit
Check my other stuff in related ideas.
Please boost🚀, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
🔥XRPvsSEC: WHEN WILL IT FINALLY END? LOCAL TARGETS FOR RIPPLE🔥 Hi friends! The big news for Ripple was realized today. SEC v. Ripple - all briefings are over, the motion has been filed, and the judge's decision is pending! Earlier, Ripple's lawyer said that he hoped for a judge's decision in June.
Finally, this story comes to an end. Hope the decision will help the crypto market to grow and develop.
Now we see how Ripple is squeezing to trendline and trying to break it. If the next candle after the breakout will close below the trendline, it will mean that bulls have no enough power to push price higher. In the case of a false breakout, I recommend you to open a short with sl above the highs.
📊 TRADING PLAN FOR XRP:
🔥false breakout of the $0.4 key level
🔥 volume growth
🔥 bearish BTC will push the alts lower
🚩 If XRP will continue to consolidate above the highs, it will be a strong bullish signal. It's a big chance to open a long with these targets..
✅ THE MAIN TARGETS FOR XRP:
1. $0.42- the key level
2. $0.45-0.46 - the value area
3. $0.51 - the key level
Friends, what decision should make the court about XRP case? Will XRP be recognized as fraudulent or will it be acquitted, which will save other similar projects like Ethereum? Write in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
$DOGE leading atm - $SHIB not shabby either - Meme coin turn???Please look at profile for more data on this post
LOOK @ S T R E N G T H
$DOGE looks good
As pointed out some time sold ton of $SHIB & rolled most into #DOGE, price is low - high 7's
Would still buy if didn't have
First time EVER, in my personal, anything is similar in size to #SHIB
Who let the dogs out? #meme
#dogearmy #SHIBARMY #crypto