Looking at SOL/ETH chart we can see that it has been trending down since the early days of the bear market. Reason being the SOL network was experiencing challenges such as network instability, dApps hacks and FTX collapse. But now many things has changed, the SOL ecosystem has been thriving like never before, the network has been up and stable for long streaks...
Patiently waiting a pull back to 0.026 for entry. #NFA #DYOR
You see, once the purple line (50 Week MA) crosses above the yellow line (100 Week MA) It’s gain time. Be prepared and stay levelheaded. #NotFinancialAdvise #DYOR
5 Waves down most likely completed. ABC target at $1.60
$ETH Major demand zone at $650 (Nearest VPVR, POC), where the 4th downtrend Elliott Waves will likely end. After that Corrective waves back to Golden Ratio $3,000-$3,200
BTC is currently forming a beautiful Ascending Channel
Not Financial Advice.
COINBASE:ETHUSD chart is getting steeper and steeper, I think there will be a significant pull back after we hit $2,200 As $2,200-2,250 is the 1.618 Fibonacci level from Jan 2018 ATH swing high to Dec 2018 swing low. And it has confluence with the nearest short term swing Fibonacci Extension 1.618 level. DISCLAIMER : *NOT A FINANCIAL ADVICE*
We need more volume to support this potential breakout towards the ATH again, In between there are key resistance to break such as 0.618 & 0.786 fibonacci levels. Disclaimer : This post is for educational purpose only, not a financial advice.
200 Day Moving Average.The ultimate support for gold. And looks like a falling wedge. Gold could fell below 200 Day Moving Average and targeting the high traded volume zone at 1747 level before a major trend reversal. Look for divergence indicator for better entry timing. Disclaimer: * Please do not trade solely based on the opinion of my post, do your own...
EURGBP has broken descending channel, I am waiting for a retest of the broken channel upper line as support and look for buying opportunity. It may also retest Fibonacci 0.618 level. Disclaimer : This is not a financial advice.
Even if gold crash it will hold 200 day SMA (white line). In Gold we Trust ! Disclaimer : This is not a financial advice.
Price is losing the upside momentum right now possible heading back to retest the previously broken fibonacci 0.618, and also there is a VCPR at 3450.00
Bitcoin might be forming a triangle or possible double top pattern, huge breakout is coming by early october. But since it is very correlated with the stock market, we have to monitor closely on both market structure to identify the breakout direction, if bitcoin breaks and close below the 20 Week MA (140 Days) then it very likely could fill the CME Gap at 9.6k or...