Bitcoin starts to show first signs of weakness and distribution. There is a high probability we are at the end of up-cycle, or will be in following week or 2. To sum up - I am expecting BTC to reach 10600-10800 USD soon. A reaction on this zone will be crucial for next move. Expectation is it will be just a quick reach for liquidityy and we won´t close daily...
Link has been one of TOP performers last 6 months. In this chart I bring a scenario for bulls out there who think that Link is still about to grow and just looking for an accumulation zone. There are significant fractals with the previous price action: First thing we can notice is the (non)importance of 200D MA - Correction during a bull cycle played both...
+ Huge support zone + Falling wedge + Almost completed Crab pattern + Bullish divergence on daily - Still would like to see higher volume here, so there is a possibility of falling deeper into the green support zone .
We can see a nice long tail candle on Waves now. Combined with support, where usually huge bullish reactivation is. As the market is still quite risky, there certainly is a probability of going down, so I am playing this really safe with tight SL and small position. My swing trades loaded with Zil etc, so I don´t want to add to my swing trades now. This one is...
Zen obviously wants to break higher. I am observing it quite a few weeks and allways when we get to 13.xx levels, there comes a pump up. The last one was huge (some partnership announced), so I didn´t think we´ll be able to get back here again. Well, we did. It needed to test the accumulation zone with POC included. So I can see two possibilities here : 1- We´ll...
There was a time when EVERYBODY talked about Zilliqa. They said it is a coin with the best technology out of all of them. When do you think it was? Yes, you guessed it - it was during the April when Zilliqa went like 600% up and was one of the biggest gainers of this period. But all coins have ups and downs, even "the best ones" in technology, marketing, idea, or...
As I see BCH right now, it really looks like it´s bottoming out and forming falling wedges on several timeframes. It also didn´t have a proper retracement since May, so we should see one in the near future. The stochastic refuses to go into oversold, so something is pushing it up. At the moment, it is just an unconfirmed idea and we are on the resistance. If you...
0x is currently one of a few coins in a clear uptrend. As you can see on the 4h timeframe, it is set on a perfect support of uptrend line. It is definitely a nice opportunity to long from here. Stochastic is oversold on several timeframes - 15m, 30m, 4h and most important - daily too. We have a bullish divergence on stochastic and RSI on 4h as well. The setup is...
Hi again, I can see a huge opportunity in altcoin market at the moment and especially Stellar is a great project with good fundamentals behind. I believe that IF the market is about to pump, XLM is donna be a good gainer. Anyway, let´s get away from what I think and let´s have a look at the chart. There are fractals combined with Ichimoku clouds. Doesn´t look...
Realy nice trade stetup with 1:2.5 RRR ratio
Litecoin is one of the most bearish assets out there last days. Since 15th of Oct. it didn´t even get above the BB mean. It looks compressed to the downside as much as possible. Anyway, I think things might change. It is more risky trade indeed, but we can see: - A bullish wedge in created on the 4hr timeframe. - Bullish divergence on RSI and stochastic...
We all know that the altcoin market is very oversold and it is only a question when the smart money gets in - if it didn´t already. Right now we can see a very good swing trade setup on Neo in pair with BTC (and USD as well). Neo is currently sitting on a huge support, so we are trying to get into the trade now or somewhere in the orange zone of liquidity pool....
Zen is on a huge support and confirming his strength. It´s a great buy right now, but if you like to lower the risk, you can wait for the potentially lower price of 15,5 USD. That seems like the best buy level. We should test the resistance line of the descending triangle around 26 USD, that is 67% gain from a recent price. On the other hand, 13,8 needs to be...
Hi guys, there are altcoins in top 20 that fall a lot (Neo), or Alts that fall just a little (ETH). But there is also one altcoin that is growing quite a few months already. This altcoin is Stellar and you can see that it made it´s year´s low already on february. Since that time, we´re in process of making higher lows and lower highs, so creating a clear triangle....
It´s not very complicated idea for today - altcoins generally are totally oversold at the moment. What we see on a weekly LTC log chart is: - Oversold stochastic oscilator giving us long signal - huge horizontal support on level around 50-55 USD - sitting on support trendline of the falling wedge. Now, guys, what else would you like to see? This is a clear buy...
IOTA in pair with BTC shows a falling wedge pattern and huge support just here. It looks like a really good setup for a trade. Of course there is a lot of fundametlals changing the game, like ETF supporting "only BTC" and leaving alts behind. If IOTA braks the support zone, the pattern is crashed of course. But our tasks is to find really good trades. This is one...
It´s just basic bubble scheme, even if I think the whole market is going to rise for a while, Metaverse will be in a steep fall. If you hodl it, rather sell imidiately and put money into something what isn´t on its top now.
There is quite a lot of mixed signal on the market at the moment, but the jump to higher levels like 8k seems quite realistic now. 6400 is the key level that has to be broken