Polkadot is an open-source sharded multichain protocol that connects and secures a network of specialized blockchains, facilitating cross-chain transfer of any data or asset types, not just tokens, thereby allowing blockchains to be interoperable with each other. Polkadot was designed to provide a foundation for a decentralized internet of blockchains, also known...
As you may have seen with my other published idea on BTC. I'm anticipation BTC to fall to $20 to $25K as target for a 'potential' buying idea. If this does occur, it therefore supports this idea of seeing Polkadot fall to the $8 to $10 dollar range (possibly lower). Lastly, the BTC idea supports by other idea on Solana. My analysis clearly consist of a clear...
BTC is likely to run lower to liquidate leverage and over-leverage long positions. The is large amounts if liquidity for counterparties. I'm not interesting in buying BTC until we break the $20K to $25K range. This should offer a great discount for cryptos like SOL, POL, ETH and so on. Right now, many traders are bullish. I'm neutral.
Prediction For Solana (anywhere from the $30 to $40 dollar range is an ideal buy for me as a long term play).
Monday Tuesday Friday - Trend Down Thursday & Friday - Pullback
USDSGD Pattern has completed and we are on the move - projection to the upside.
Be Prepared For A Strong Daily Reversal For The GBPSGD Pair.
Based on the daily time frame GBPSGD has been trending up heavily. However based on my knowledge in the markets I've spotted a Gartley Harmonic pattern on the daily, hence my bias is bearish depending if current price continues to reject my orange zone. The Red Lines Represent My S & R Levels The orange zone is my D point for a daily bearish Gartley that has completed.
BIAS : BEARISH REASON : This trade is based on my algorithm as well as price action. Price is trending down on the daily however it has pulled back recently forming a short term uptrend and has now rejected to push up further. The red line are my daily S&R levels. After the first resistance level was rejected you can see that price has pushed down and came back...
BIAS : LONG REASON: Based on the daily price has rejected strongly off of a support level. Based on the daily price has created a new high and this is the first new low for this high. We may potentially see push up from this current position. On the 4HR there is a retest of the daily support level as well and bullish candles that are confirming to me a move...
Currently in profit.. Lets hope we stay this way. BIAS : LONG REASON : Newer lows were failed to be created on the daily and previous highs & lows were broken- backed with an engulfing bullish candle and followed up by small closed daily bullish candles. This is an indication of bullish volume building up. Also notice that we are currently on are way to creating...
We are looking at CHFJPY for a buy. BIAS: LONG Reason: On the daily we are seeing that price is rejecting to fall lower with long doji candles and long wicks to the downside. This tells me that price is having issues making lows. The most recent candle is a bullish candle that engulfs a few of the previous candles. This tells us that there seems to be volume in...
Knowledge & Profits OK Here we go again. These trades are all trades that i'm placing as well ok so i'm confident with these set ups ! BIAS: BEARISH WHY: Prices has failed to push above 1.32500 and close significantly above. We are trend traders and this seems to be the beginning of a new bearish trend. After 7 days of rejection we are finally seeing a a strong...
Knowledge & Profits Ok Followers - We're looking a USDCHF and the bias here is bearish! And here is why... Price fails to push higher on the weekly time frame. We're only seeing big wicks to the upside while candles continue closes next to each other. Almost seems like consolidation on the weekly time frame. Now to the daily we can see that price is engulfing...