I don´t like what I see on monthly basis and so am I still bearish for 2023. We have seen a turbulent 2022 and big tech companies have lost more than 50% ytd. Following the trend line from 2009 on, I would say it is not a surreal idea of the NASDAQ going back to 7000 pts. the chart, history, indicators and current economic global situation is providing good...
Liquidity areas marked green out of weekly chart MA200 is showing resistance like MC Hammer First target would be 3170 USD Trade on your own risk Educate yourself Do your own research
Hello Traders and HODLers around the world. Still below 200 MA MACD crossing down RSI under 60 (bearish divergence) Red Level is current resistance waiting to be broken on the way to top Green Levels are liquidity levels, which could be the pullback levels. My first stop would be around 42- 42.5 k I have marked these levels by zooming out in weekly...
Hello everyone, we know that crypto market is high volatile and not all moves are really comprehensible, but we need to know that there´s mostly a correlation between markets and crypto; BTC. In this chart I am comparing the Nasdaq with Bitcoin. I have copied the move of nasdaq from feb 21 to july 21 (blue candles). I did the same with the movement of BTC red...
Hello everyone, let´s have a look at the monthly chart of Bitcoin. You can see logarithmic trend line and the price was swimming in the comfort zone and we´re STILL in this comfort zone!!! ( Now take a deep breath and go on reading) What I have drawn are the last two bear seasons. The Price went down up to 86 % and it took about 3 years to see reach that level...
short & simple: - we´ve left the upwards trend on 4 h time frame - bearish shadow at fib lvl 0.5 - look at the yellow rectangles, shadows been filled mostly - TomDemark GREEN 9 six times in a row - OBV decreasing since ATH - CME Options end by 31 st Oct/ 1st Nov - don´t get fooled by pumps - please, check total and total2, before trading or buying in...
*no financial advise* *do your own research* *brain on* Internet Computer (ICP) is formed by an advanced decentralized protocol called ICP. ICP is the utility token that allows users to participate in the governance of the Internet Computer network. the protocol combines the power of individual computers into seamless universe. Did you know that ICP represents...
Working on Elliott Waves... The 4 H Charts shows strong support at the yellow lines. That support can also be seen on the yellow marked wicks. Doge was really slowly growing the last days in comparison to other altcoins. The volume is coming, the MACD line is about to cross upwards and the RSI shows bullish divergence ( green trend lines). Please, let me...
Shorting is so fun, but the market needs to pump :) Corrections are good for prices and this correction of Bitcoin is still healthy. I would have scalped in both directions, but no time there. As soon as we break down to 61-66 fibo level I would enter a long trade. Chart analysis works out for cryptocurrency BUT not always, be aware of traps :) Please, let...
Ripple is a very strong crypto asset. The number of user of the XRP Ledger has increased significantly from 9,233 on July 25th to 23,537 on August 24th. That is an increase of more than 150% and indicates increasing interest even of investors and a potential capital inflow. If we break the resistance around 1.28-1.29, we will test 1.36 for sure. You can do a long...
Let’s be honest! I didn’t like the doge coin ans it annoyed me to see it everywhere. … but as soon as I take profits, I don’t care. Daily chart seems to have built a cup and handle pattern. RSI over 50 Volume increasing I have entered a long position with 20x leverage on binance. I am bullish on that doggy. dyor, no trade advice, your money your risk
Description is coming... Head & Shoulders 1 Hour Chart looking for a perfect entry to go long If you look at daily, you will see the correction wave. GRT is about to go high. This is my first publishment. No financial advice ! DYOR !