Hello friends! DYDX is clearly in a wedge on the 3h chart. We note that after the recent push, the asset returned a 50% Fibonacci retracement. So we have a purchase setup here. Buy in the current range, between 1.20 - 1.15. Stop: 1.00 Final target: 2.50 Exceptional risk-return ratio. That's what I'm going to do. And it is not an investment recommendation. Who...
Hello Trading View friends! I will bring another analysis about BTC. Notice this pattern that I describe in the center of the graph: This classic widening pattern is a consolidation that occurs in the asset. See the 2014-2016 cycle. The price came from the top to the bottom and entered a widening pattern. After making 3 touches on the 3-week chart near the...
Hello friends from TradingView! Take a look at this chart and its details. We can clearly identify three events. The colors help describe: Gray: Accumulation. Blue: Pattern breakout. Green: Bull Market. 1- In 2015, BTC went through an accumulation phase in a symmetrical triangle throughout the entire year. However, after breaking out of this accumulation...
Hello friends! Look at this analysis in MATIC: We see Matic's weekly chart and its large drift from the all-time high. Purple line: Note that this line serves as an important support in this sideways process of Matic. However, it was lost the week of August 28th. See the red signal on the chart, showing the rejection that occurred in an attempt to remain...
Hello Trading View friends! I bring here a reading about Bitcoin! The hash ribbons indicator is known for accurately pinpointing BTC buy points. And it has long served as a benchmark for crypto traders. Since 2017, there have been 7 buy signals on the weekly chart. All these signals were quite profitable. Now note the following: The close of the BTC weekly...
Hello friends of trading View! I'm Gustavo Correa and I come to bring you another study on past and future correlations. Look at this monthly chart: We have just below the MACD indicator set at 5/15/9. See the particularities of these four moments when the MACD was negative and crossed to positive. 👉🏼 From left to right we see Bearmarket. Right after a crossing...
Hello friends! I come to bring a reading about the main CME GAPs for Bitcoin on the weekly chart. Note that below the current price there is an important Gap, which is between 20900 - 19500k. Above we have two very relevant gaps: 1- Between 29000 - 27300k 2- 35900 - 34500k This is not absolutely true, but often the price tends to close these gaps. What would be...
Hello friends! I'm Gustavo Corrêa and I'm going to bring some of my modest reading about the future of BTC. Let's separate the chart into two parts: 1- Cycle 2017 - 2019. 2- Cycle 2021-until now. Note that there appear to be 4 events in these 2 cycles, identified in the sequence graph. 1- In the first cycle we see that the price worked under an LTB and above a...
Hello friends! I come to bring my modest reading about BTC! BTC appears to have done 5 waves of momentum. Note that it is also possible to observe ABC corrective waves. Therefore, it is possible that a new impulse wave is very close to occur. The target is at 17300 where we have the fibonacci retracement zone. What do you think of this idea? Comment down below...
Hello friends! I come to bring my humble bitcoin analysis: First, we see that BTC was in a bullish channel. However, there was a break in this channel today. Note that the price came after the Fibonacci retracement, shown in a gray band on the chart. At some point within that range, we will see a bullish rally. Furthermore, I see this decline only as a healthy...
Hello friends! I come to bring a trade opportunity that I will do in AAVE. See that AAVE formed an OCOi (shoulder head shoulder inverted), which presents us with a reversal signal. With that in mind, I will now position myself on AAVE and take partial profits, with the final target being $70. Note that the stop loss is at the end of the orange band and the blue...
Hello friends! I come to bring another modest reading about BTC! Note that BTC has made the search for the fibonacci retracement zone that we have pointed out in previous studies. And see that exactly at the 0.618 fibonacci support, the buyers engulfed the sellers. This candlestick pattern known as engulfing, is when the current candlestick completely engulfs...
Hello TV friends! I come to bring my bias on BTC! See that btc is in a bullish channel and has just tested the midline of this channel. I think this return to the retracement zone is a good opportunity to enter a long position. And that's what I'm going to do! I will add one more Buy at this time, with the target outlined in the chart. And what are you...
Hello friends! I bring here an idea about BTC. See that the price is at a bottom. And next to this background we see what appears to be an OCOi (shoulder head shoulder inverted). This on the daily chart can be very powerful. See that the projection of this OCOi is the 50/618 fibonacci zone. Precisely a fighting area between bears and bulls. In my view it is...
Hello TV friends! I come to bring my modest reading about BTC. BTC after validating the inverted ombo head shoulder pattern produced a symmetrical triangle. After making a breakout to the upside, it reached the EMA 200 at 4h. This is a beautiful reversal continuity sign. I expect at least a search for the 50 and 618 fibonacci zone which is situated between 18 -...
Hello TV friends! I bring here a brief reading about Ethereum. On the weekly ETH chart, we see that the first downward movement has already reached 100% of the projection, taking us to 900$. Which can show us a possible formation of a true background. Now ETH appears to be in a bullish channel. At this moment I see the possibility of the price reaching the gaza...
Hello TV friends!, I bring you the idea of a trade that I will do now on the link. At this moment we observed that the link tried to break a high with little strength, which characterized a false breakout. The entry, stop and target are depicted on the chart. I will take partial profits in order to reduce my risk throughout the trade. The market is very...
Hello TV friends! I come to bring a reading about APE and a trade I entered at this moment. APE has effected a rally to the 50/618% Fibonacci Retracement Zone, which I often refer to as the Gaza Range. Believing the theory laid out by Charles Down this is a potential selling point. I leave the entry point, stop and target zone on the chart. I will take partial...