This asset is stuck between two strong levels: 2670 sats and 2710 sats. Moreover, there is a descending channel. If the price breaks through the 2710 sats level and resistance of the descending channel at the same time - we can easily expect a continuation of the pump.
The price was not able to break through the descending trend line and was rejected downwards. Now we expect to see a decline of $ETHBTC pair to at least a mid-range of 22900 sats. The final target is the ascending support.
Please, support the idea by clicking LIKE button. Thank you very much! Bears won the game! During the whole period of flat we were attacked by a number of scam spikes. Both bulls & bears were suffering, but bears suffered the most. Therefore, by the end of flat, almost every bear was fear of opening a new SHORT position after his previous positions were...
The price has formed a descending channel: good enough for the bulls. The setup and levels are actual, still good to buy.
Bitcoin broke the trend line by 1M candle, let's see what will happen next. Logically we should enter a new up-trend, but at the moment looks weak. One green $1k candle can change the situation.
Before we start, want to remind you that Fractal is working. Bitcoin price has broken the most important $10070 resistance and fixed above. Now we are in the consolidation phase: bulls are reopening their longs. As we stay above $10070, the priority is upward and the first target is $10500. Next global targets are $11000 and $14000. What do you think...
Please, support the idea by clicking LIKE button. Thank you very much! Bitcoin has successfully broke through the support of the ascending channel = worked out. Now we forget about this channel, it is not valid anymore. Priority changes to upwards again. Talking about the real market state, we found a very interesting trend line which follows the price for...
There is an ascending triangle on Tezos. Usually this pattern is bullish and the resistance will be broken by the end. However, if the activity on $BTC chart will increase, alts will bleed. So, I advice buying this asset only at the test of the ascending support or after breakout of the resistance level. The second option is the safest.
After the exist of an accumulation zone, Stellar is stuck between 750 and 797. Trade setup: don't buy this asset for the current price. There are only two possible ways of buying one. Either at the support level, or after breakout of the resistance level. In the first case stop loss should be placed slightly below the support level of 750 sats. In the second...
Expect $ADA to breakout through the horizontal resistance this time. Third approach has to be successful. Volumes are awesome. Moreover, there is an ascending support which drags the price to the resistance. When the breakout happens - pump will be huge.
Ethereum has broken through the key resistance of 230$. Bulls control it and $ETH leads the whole market. It is possible to see a correction downwards to $225 in order to retest the previous high. Priority is upwards. Target - ascending resistance.
The recent pump is not enough for a continuation of the growth. Therefore, we expect a formation of the falling wedge in the zone above the $9270 level. The channel has two levels of supports and resistances. It is a good decision to start buying at the support retest and at the breakout of the resistance of $9570. The first target is $9820.
Please, support the idea by clicking LIKE button. Thank you very much! Two weeks after halving, expected growth didn't occur and now popular Twitter and Telegram traders divided into two teams: bulls and bears. Let's observe the market, plunge into history and make a decision which team to support. 1. Observing the market I think that 1D timeframe is enough...
The price bids inside the almost horizontal channel , it is slightly ascending. Local priority is to grow upwards from the channel support and $9270 support. Scalping is very risky now, always move stop losses into break even as early as you can. The first target is $9570.
Here is the falling wedge. Moreover, from the fundamental side there is a Mainnet launch at the first of June. Theta and TFuel pumped hard thanks to the such news. Entering now and after descending resistance breakout. Targets are on the chart
Please, support the idea by clicking LIKE button. Thank you very much! The previous idea with ascending channel is still valid. The main thesis of SHORTing Bitcoin after support's breakdown is actual. In this idea we want to consider a more detailed picture - Trading Plan inside Ascending Channel First of all, we took a bold decision and draw an arrow...
The first thing I see is that both of these assets are in the ascending channel , which is definitely not a bullish sign. The setup is very similar to the previous BTC UPDATE . Wait until the price reaches the resistance of the channel, then SHORT . If you want to play safely - SHORT only after support's breakdown. Why so? Because #TEZOS will reach the...
Bitcoin is forming an ascending channel which will be broken downwards. However, we didn't see a second touch of the resistance, so we expect the following scenario: 2nd touch of the resistance, formation of a double top and then dump to the support of the channel.