AlgoBotTrading

AlgoBotTrading

#BTC followed previous analysis and dropped to 55,600 level but since the downward momentum has been weak and the previous 4H candle was a bullish engulfing of 57,130 low, BTC is most probably heading for 59,900 and then 61,100 zones so opening short positions is very risky. it's important to see BTC's reaction to 61,100 level as well !

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Quick update on #BTC CME Futures chart The Tuesday (Aug 27) gap in CME Futures chart has just got filled and BTC faced sell pressure afterwards. As just stated before, BTC and the whole market are most probably heading for much lower levels.

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Just as predicted and anticipated the 64,650 - 65,680 zone stopped #BTC from rising any further and caused a dump in BTC and the whole market. Now it appears BTC is ready to dump to lower levels and this time it'll probably break below the 49,500 low.

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If IMX breaks below the trendline, it can touch lower levels of 1.40 - 1.332 and 1.28 Depending on the amount of risk you want to take, SL would be just above the trendline or above the final high upon breaking below the trendline.

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After Powell's speech regarding a rate cut in September the whole market showed a positive reaction and #TOTAL3 was able to push above the resistance zone. (In fact there was no close below the 546B key level as the confirmation for the bearish move!) Current analysis shows that 630B zone a possible resistance zone which can dump the market so naturally it's...

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Following previous analysis regarding BTC's trading range and after Powell's Jackson Hole speech #BTC pushed through 61,800 level and the supply zone in one bullish 4H candle which resulted in some heavy pumps in altcoins. As just mentioned on Aug 25th, 64,650 - 65,680 zone is an important zone which has already stopped BTC from rising any further. BTC is...

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#BTC has been trading sideways (with some overall bearish sentiment) for more than 10 days now! trading ranges are often followed by a strong breakout from one of the sides. in BTC's case these two sides are 61,800 and 56,130 levels. We'll have to observe the chart in the upcoming days in order to see a strong move in the market but as already stated, our main...

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Crossing Below the blue trendline will most probably take SNX to much lower levels. (Possible rising wedge pattern) TPs: 1.225 - 1.138 - 1.070 - 1.0 - 0.93 Don't use high leverage and set SL just above the blue trendline.

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in the previous analysis it was stated that 565B is an important level and losing this level can lead to touching much lower levels, something that actually took place and #TOTAL3 touched 470B as well ! The recent choppy upward move in #BTC and the rest of the market was most probably a retest of the broken key levels and we can see that just like BTC's case,...

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just as expected, #BTC moved to fill the gap area but the upward move was a bit sharp so shorting BTC or other coins can be a bit risky now. if fact as long as the Blue trendline isn't broken, the upward move can continue. As mentioned earlier the gap area is now a resistance zone. Also there's a supply zone just above the gap area and is overlapping with the...

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Just as what was predicted, BTC moved to fill the gap area in 59,400 - 62,400 one. in the upcoming days we need to observe BTC's reaction to this gap area.

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Just as predicted on July 29th, #SOL crossed below the trendline and dumped to much lower levels and hit all our TPs, during the panic-selling by traders, SOL dumped some 40%

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Just as what we anticipated weeks ago, the Gap in BTC's chart (58,790 - 60,845 zone) got partially filled. Since it was the weekend and #BTC had a big downward move, another Gap is formed in 59,300 - 62,400 zone which will probably get filled as well. Gaps act as Support/Resistance zones and since the new Gap is above the candles, it is considered a resistance...

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Nearly two weeks after analysis and #TOTAL3 has perfectly followed the predicted path: a sequence of 4 moves was predicted with an outstanding precision! Total3 has reached the predicted zone of 570B - 580B and an upward reaction isn't unlikely. Also, 565B zone is very crucial as dumping below this zone can lead to touching much lower levels. Also, in the...

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#SOL is probably heading for lower levels as possible liquidity sweep above the resistance zone is done. crossing below the trendline is the trigger to short SOL.

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Following previous analysis, #BTC did dump and touched 63,500 level (support) but made a quick recovery and touched 70,000 level. The price divergence is still visible and another drop is expected to occur. The upcoming possible dump will most probably be deeper and more time-consuming compared to the last week's drop. Crossing below the blue trendline shall...

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#TOTAL3 update has perfectly followed previous analysis so far and it seems further drop towards 570B - 580B area is still valid. possible QM pattern can be seen on the chart

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#BTC almost hit TP1 following previous analysis/setup but buy pressure pushed the price to higher levels, nonetheless, price respected the predicted path. Bitcoin is getting closer and closer to the upper area of the long term rising channel as well the short-term one and price/volume divergence can be seen. Besides, there's the descending trendline ahead of the...