ETH/USD: Possible pull back in the $3,300 USD zoneEthereum was manipulated today as Bitcoin do and drop over 20% today in their price. Now, this was an incredible volatile movement that Ethereum do. We look in the high zone on $3,800 USD that Ethereum forming a simetric triangle and drop, but now, we could to find here a best buy zone that we could to entry to long position in Ethereum in this best place.But not now, now, I will going to be patient to know if the market will move to quiet to take best decision as this movement was so incredible in Ethereum.
This it's my possible forecast in how I look Ethereum to entry to long position in this cryptocurrency!!!
Still pending for this possible long opportunity.
Now, I know that I was in Chainlink and Tezos, So, that was manipulated just I earn in Chainlink 96 ADA and I loss in Tezos 73 ADA. This it's not a difference, that was manipulation.
Trendanalysisexplained
Bitcoin may to fall!!! BewareToday, Bitcoin drop from $52,300 USD approximately and leave down to $$43,000 USD, and now the price it's around of $46,600 USD. Now, this Daily candlestick drop over 17%, and that it's a large percentage for not consider a bull trend. For that, Bitcoin could to fall and go back to zones of $30k as I mark in weekly timeframe, this candlestick it's very important to know, if Bitcoin continue down in the next days until get the information on Sunday at 12:00 a.m., we could to take deciison if Bitcoin by weekly timeframe will go to down more. But now, the Daily candlestick it's look a bullish rejection and we could to form a second higher looking the price action. Now, I invite you to look down my perspective in weekly timeframe.
This perspective could to happen!!!
Now, I may to say that the market it's not bearish and bullish, it's put the market in neutral as we would needto know the another short timeframes to get best information.
XTZ/USD: UpdateTezos it's bullish!!! I decide to down my target to $8 USD as $12 USD it's so long run up. But $8 dollar it's very well for me!!!
So, I'm enfocous by Daily timeframe and Tezos it's ready to explode in the next weeks to months.
And remember, we're in profit in Chainlink. For that, I have open trades in Chainlink and Tezos. Meanwhile Ethereum make volatile movement that it's not very easy to catch a long posiiton as Ethereum it's becoming very volatile and make movement fast.
Chainlink may to run to $100 USDThis it's just my weekly perspective where Chainlink may to run to $100 USD in couple weeks.
And in this screenshot, it's the monthly timeframe where we could to forming a possible elliot wave analysis where Chainlink could to starting the phase #5 that could to leading to $446 USD in long term. It's interesting investing in Chainlink or make any hold posiiton in this cryptocurrency to earn extraordinary profits in this cryptocurrency.
Now, as I have 133 LINK spot in my trade now!! This it's a good idea that keep this position until $400 USD. i may to get extraordinary Cardano profits in this trade on Chainlink.
I will going to take this idea in my hand to evaluate more and how much chances Chainlink make this bullish movement in the future?
If you like this idea, please hand up, share this information with others crypto-traders or crypto-enthusiastic.
XTZ/USD: UpdateIn this update, I make a long position in Tezos and I decide to keep this posiion toward $12 USD in my exactly point to take huge profits. For that, Tezos has a nice opportunity to keep this position to long as Chainlink do. My SL it's around of$4.69 USD. For that, I will keep this position to hold until touch the $15 USD. This it's a huge potentail profit of 124%.
Now, in Daily timeframe, if we closed up the Daily Candlestick in the next 2.28 hours. We could to conclude if that form a bullish signal, Tezos could to climbing in the next days.
And also, I'd reccomend to watch the monthly timeframe. Because Tezos it's look extremely bullish to run to the way of $12 dollar.
So guys, at the moment, I'm in two trades; Chainlink and Tezos that look with interesting perspective to longs. Now, any change of the trade I may to inform in this media.
LINK/USD: 0.618% Fibonacci RetrocementChainlink it's find down a support in the zone of $24.63 USD in 2 occasion. Chainlink could to explode soon in this timeframe depending how the Daiy Candlestick will closed up today in 2:46 hours. My next forecast it's that Chainlink may to climbing to reach $40 USD soon
ETH/USD: Break-Out!!!Ethereum forming this beautiful ascending triangle and today Ethereum made a break out above of the key resistance around of $3,320 USD. Now, in the next hours we hope a pull back to entry to long position in Ethereum like watching in H4 timeframe for the entry to long.
More udpate soon!!!
BNB/USD: simetric triangle;break outBinance Coin break out this simetric triangle and formed a possible nice correction to short BNB toward $424 USD. Maybe, it's a good idea to short cryptocurrencies.
I hope this scenario in Daily timeframe. as you look, we closed up with a bearish candlestick, this it's a clear correction in this cryptocurrency and investor want to leading BNB down to find up best zone to buy. For that, you must to prepare to open up short.
I put my sell order limit at $467 USD and SL at $487 and target at $424. This it's a risk/benefit: 1:2. It's a good proportion to get nice profit.
***This it's my update today*** And for that, I find up this nice short position in BNB
BNB/USD: Bullish Rising WedgeBinance Coin it's forming a bullish rising wedge. Now, this it's my overview. Remember that I made an entry in the $494 USD on Aug, 25, 2021 and I hold this position during some days. Now you can to buy Binance Coin at $478 USD as BNB forming this bullish rising wedge.
Now, remember, I'm in long position in Bitcoin and Binance Coin!!!
ADA/USD: Double hammer candlestick; price action analysisIn this overview. Cardano it's into this simetric triangle in H4 timeframe. Now, I do not entry in this trade as I'm entry in Bitcoin now and I keep my Binance Coin position to long position toward $1,000 USD. But if you want to know this information or just take a trade. Now, I can to get you a good counsel. You can to buy now, put the SL at $2.67 USD and target at $3.36 USD. if you apply it, you can to get a risk/benefit: 1:3. It's excellent proportion to buy Cardano if you want or you can to buy Bitcoin to long position. But as I mentioned, I'm in 2 trades and not more in Bitcoin and Binance Coin to longs.
Good luck if you buy ADA/USD to long position
BTC/USD: Shoulder Head ShoulderBitcoin it's in the process formation of the next Shoulder Head Shoulder (Inverted). This it's a bullish pattern.
So, I entry in long position from $48,600 USD approximately, I put the SL at $46,500 USD and target at $54,000 USD. This it's a risk/benefit 1:2. It's a good place to buy.
XRP Dominance could be bullish soon!!!XRP Dominance it's look with some signal that could to change the trend as it's touch the EMA 200 in 2 occasion and that could be the beginning of the bull rally.
I love this cryptocurrency and it's one of the top best cryptocurrency that I consider. So, As XRP Dominance it's look with bullish perspective. We can to have 2 options to hold XRP to long term or make a trading opportunity in based in this indicator.
In the monthly, XRP it's look any of bullish signal. But I don't thinking that XRP will overpass Cardano as Cardano it's more stronger than XRP. But yes, XRP it's bullish and more stronger of any cryptocurrencies like Tether or Binance Coin.
Now, I look this perspective that XRP could to reach the 4th largest cryptocurrency by coin market cap soon and being into the top best 5 cryptocurrencies. I'm bullish in XRP dominance, but we could to hope a little more if we thinking to change for XRP!!!
ADA/USD: Break Out; rising wedgeCardano forming a bullish rising wedge and make correction toward the level $2.50 USD as I hope. But I do not entry in this position becuase as I closed up my long posiiton with 34% of earns. Now, as Cardano forming this chartist pattern, I hope to continue heading to break out the mark of $3 dollar,
ETH/USD: Ascending triangle Ethereum it's find up an ascending triangle that it's considered a bullish continuation. So, during the past days, Ethereum was consolidated until now around the zone $3,000-$3,300 USD. So, in my next trade, I just hope that Ethereum make a break out in the resistance of $3,320 USD and make a pull back in H4 timeframe and then, entry to long posiiton toward $3,800 USD. This it's one of the beautiful trade next up.
XRP it's leading to $3.62 USD soonMy weekly perspective!!!
It's beautiful.
As today I sold my 10,087 XRP for Cardano coins and I hold 13,867 ADA coins + 1,788 ADA in profit in my trading app. So, I thinking one thing now!!! XRP explosion will be so volatile. And this way, this could to put XRP so fast to reach the $3.62 USD inminent!!! If XRP it's the next cryptocurrency to pumping!!! Now, XRP will leading to the bull market. Now, another data that we would to know it's the XRP Dominance & XRP Market Cap. Because they are exploding now!!! The only what I thinking it's to sell all my Cardano to get XRP for this smart exit strategy!!! But, now, I will going to analyze it very well, becuase Cardano it's pumping too.
ADA/USD: BullS are defending the $1.90 USDSo, bulls are defending the $1.90 USD zone, that it's a important support in the 0.618% of Fibonacci. Now, I look that Cardano could to continue up, today we have a bullish reversal, that it's a bull pattern. For that, I'm bullish in Cardano now.
So, in the past 3 hours, I put a long position at $2.06 USD, with the SL at $1.80 USD and my target will be $2.80 USD. Also, you can to large your target until $3 dollar, but I prefer to be conservative to take earnings.
Now, you can to buy Cardano sport now in your trading app if you don't buy Cardano yet.
Now, this timeframe it's very important to know in the next 4 hours to know if the H12 Candlestick or half day will closed up with a bullish signal, if that happen, Cardano could to continue up in short term. but I want to look this timeframe to look how the H12 Candlestick will closed up today.
BTC/USD: descending triangleIn this timeframe, there's a sell inminent in the Bitcoin price that we would need to hope and using the H2 timeframe to analyze better and entry in favor in this timeframe.
This it's the H8 timeframe that you can to see better this timeframe!!!
So, I predict that Bitcoin it's clearfully bearish and we could to drop 7% approximatey toward the best level of $42k to buy!!!
So, the sight it's look bearish in cryptocurrency for now. But remember, as we climbing in the past days, Bitcoin need to form short cycle to retrocement and then, climb with more impulse and power.
So, still alert. And also, My Chainlink long position was cosed up manually as bearish candlestick in H4 timeframe it's show us sell now and then, this it's so consequence that cryptocurrency need to find down best buy zones.
If you like this analysis, you can to view my recently Daily Analyss perspective in my Bitcoin forecast below!!!!
BTC/USD: Possible Double Top; sell?I considered the market neutral, But there's bearish signal that Bitcoin could to make any correction This it's the Double Top, this it's a bearish pattern. Now, Bitcoin it's into this bulish channel that you can to see better in H4 and H2 timeframe. But, now the popular indicator MACD it's give us a warning that Bitcoin could to be weakness and we could to drop to $42,000 USD to find down best buy zone!!!
You can to look the H4 timeframe!!!
Now, I hope this scenario based in Daily analysis, depending how the Daily candlestick will closed up in 3 hours more, we could to get information more precise if Bitcoin it's leading now to correction.
So, there's not any bullish or bearish signal until now. For that, it's important to look. Now in case of Chainlink, I'm in long position as Chainlink climbed the price today until $30 USD. But, I have a SL set for this if market going to be correction.