RAY has been trading at the bottom of the range, I definitely would not want to miss this long, ideally entry is around 9 - 9.4. Best Entries.
From a macro perspective AUD/USD makes sense, fundamentally too. From a TA perspective, I want to see price tap into the hourly order block and filling in the liquidity imbalance, before a big move up. Long-term trade, planning to sit on this one and see how it goes.
Fundamentally the news has already been priced in, however I would like to take a short from around the 35 level, you can see the TP targets on the way down, each breaking a structure, leading to a lower downside. However, this level is holding well so could break either way, macroterm I am bullish, short-term bearish, I think alts will bleed a little more before...
XRP is currently on its way down to the support level at 1.02, if that doesn't hold then we will be heading down to the 0.90 area, but with bitcoin dominance gradually increasing, its only a matter of time before Alts follow BTC.. Bullish overall market long-term, short-term bearish.
Although overall market context a the moment is bearish, with Solana dropping which is also heavily correlated with ray, these are the two entries im looking at. If this range holds up well, im looking for a long either off the range, or if it breaks through the range ill be looking at a long from the demand zone between 8.2 to 8.9. Will be waiting to see how this...
Nothing to stop Solana bleeding until $128?? Think over the weekend we will see a continuous move down.
Quick short - ADA should from $2.15 around the supply zone, into $2 and deeper! News will be coming out tomorrow that will affect cryptocurrencies potentially by the central banks, therefore get ready for a potential decrease.
USD/JPY had touched the 15minute supply zone and now is heading into a strong demand level. Also, with the central bank news happening on Thursday, and USD being typically hawkish and dollar performing well, the demand zone seems like it would hold. Targetting 4hour supply zone. 1:10.
As many of you know, a good representation of majority of the altcoins is to have a look at the ETH/BTC chart, if they move one way, its a high probability the other coins will move in tandem. However, we are currently at a weekly support level where it seems to be slowly breaking below, its still holding up though for now, so no trades being taken yet. The range...
Current market conditions with Bitcoin having a major short play pulling all alt coins with it, and central banks news coming out this weekend which tends to be even more bearish. The $1.90 support level has already been touched twice, which will lead to less liquidity and demand at that level, therefore if that level does not hold, then price will have to fill in...
Weekly and daily remain bullish, short-term current downtrend. Seems to be finding support around the 9.5 ish level, hoping to see a move up in the next coming days. Opening a long position at 9.5 if the confirmation is received.
If MA becomes broken, and with current trend still intact, I see MATIC going down to a key demand area at $1.33.
I would like to see how price reacts to this level, I am looking to take a short position around 1.27/1.28 with a tight stoploss at $1.30. TP I would be look at is $1.22, however if that level does not uphold, then I will be looking to go to $1.12 - $1.14 to which I would be looking for a confirmation of a long position to long-term target of $1.50.
Post acumulation phase; should see price developing to the upside. Entry within the demand zone would be ideal if we could get a pullback from existing supply (.590 target medium term/ .666 longer term still stands)
Signs of acumulation on this pair from PA only, Trendline (HL..), price has reacted positbely to the demand zones so bears beware. Targeting stops above market.
Clear pattern of compression followed by expansion on this crypto, I'm expecting a another follow through to the upside from the current demand area targeting the next area of clean highs.
Got confirmation from the dollar index for a possible move lower on aussie from supply