BTC is breaking the downwards channel and also noticed MACD crossover indicating bullish reversal signal. We need to see a breakout and re-test of the channel which I believe is going to re-test key level at around 18k after that we don't know if it could recover or continue potentially downwards giving confluence so many bad news around! Fundamentals + volume are...
I suspect big money is gonna dump dumb money. It won't happen soon, gonna take time but there's a high chance. BTC with its down wave retest now so MATIC responds to BTC waves pretty often. So there's a high chance! Stay alert, you never know, you need to see the break retest and then enter!
Cake is trying to breakout the downward channel we have on the hourly chart. Nothing confirmed yet, but if we see a beautiful breakout and retest then that's our trigger for the trade! Stay sharp! At the same time it could potentially continue the downtrend so beware, trading against the trend, trading reversals are very risky unless you wait for a break of...
I think this is a very interesting moment for this coin as it approaches a very important resistance level. However, it's no clear yet if it could break through it or reverse altogether so here are 2 tips. If it breaks through, wait for the retest to enter and set target a little bit below resistance level as it could react fast to it and drop fast once it...
I don't know when the bullish trend is going to end but we can definitely set a futures target to support level shown! Be aware crypto trading is highly risky!
As for now we have an opportunity of a buy trade since previous resistance has turned into support. However, we need a retest to the newest support to confirm the buying bias otherwise stay out of the trade but I think a short term correction with upwards momentum could be possible in the short term. Noticed we are in the oversold condition too and to add even...
GEMINI:CVCUSD I think this baby is gonna keep going up until 0.33 resistance lvl we can clearly see a double bottom pattern and a build up in a range, now of course more confirmation needed to keep pushing up! But it's something that could happen ✨