Its been some weeks since the last idea I published so I wanted to share this idea, PA looking really good, and with a fractal of the last movement in play. As said in twitter cryptomarket dominance chart looking really good for alts (twitter.com) so it should work nicely this one. 3 main objetives (blue lines), lets see how it plays.
We are reaching the low range of 2016 movement (blue line and box), key are that should show some resistance and a possible good entry for a long swing trade. Will see how it plays.
No BTT party till we get above the blue resistance, volume getting lower and lower, we could see a break soon. Im personally acumulating below 6 at the moment, no hurries in this one, it could take some time, but will end up going up.
Raid of that last high and close below , thats the confirmation needed, until that point no entry at all. Lest see how it plays.
Wanted to share my idea and the trade I will be looking for, raid of that last high and close below showing a failure pattern, lets see how it plays.
I've seen many people trying to catch the knife with VET, while bitcoin is still on a bull run and will keep that way at least till 11.5-12k, so im not gonna touch this. Price was not capable of moving back to the main range at 100 sats, pullbacked twice and moved down showing big weakness. Main objective for this downmove based in fibonnaci projection is at 40...
As almost 90% of alts, IOTA looks pretty weak at the moment, main range broken down (blue line), with 2 clear bearish channels. Main objetive based in fibonacci projection is at 1160 sats, not gonna touch it until we reach there or we see some bullish price action Good luck.
Not to much to add to what title says, historical range broken and pullbacked, with a clear distribution pattern in 1week chart. Fibonnacci gives an objetive below the parity, almost 0.93. Both objetive in chart. Good luck.
Any retracement to sub 10k area is a nobrainer buy imo, the entire move from 3.2k to 13k needs to be corrected in order to continue with a healty bullish trend, 8.4k area and 7.3k could be a nice spot, Good luck.
Any dip below 10k area is nobrainer buy imo , probably one of the last chances we'll have to buy below 10k area until the correcction of the next bullrun. Not gonna miss the chance. Good luck.
XRP/USD chart looking really good, if we close todays and weekly candle above 0.44$, there is a big probability of revisiting those highs at 0.8$. All info in chart. Good luck.
If todays candle closes above the mid range at 273 as it currently is, next objetive shoould be high range at 410 as first tp, and second one at 480 in case it smash the range. Looking good for now. Good Luck.
Price strongly retraced back to the 6k range breaking downtrend resistance and horizontal S/R, all with increasing volumen, drawing a deviation to 3k. Price is above 100/200SMA in weekly, with a three White Soldiers formation. The bearmarket looks more than over, but we Will probably see some shakes before the market starts moving up. Any retrace to 6k zone is a...
Previous R/S holded really well and provide us with a nice scalp, any pullback to 15k area looks good for a swing to the top area. Entrance, both objetives and all info in chart. Good risk/reward for sure. Good luck
A simple chart that shows the 2 main scenarios for bitcoin for the next year IMHO. Price needs to reclaim the 6k area and CLEARLY hold, closing above that 6k low range in weeky candle and showing strength, and we could be talking about the start of the new bull cycle. But if the price doesn't hold above 6k, and starts loosing that area without closing clearly...
Possible expansion to the upper side of the range, nice r/r imo . All info in chart. Glod luck.