TheTradingo

TheTradingo

Short Setup of price fails to cross the nearest resistance

TheTradingo Updated 

Long entry at 0.3295 Stop Loss at 0.3225 First Take Profit at 0.3350 (50%)

TheTradingo

Hello Everyone, As I said in my previous analysis that bitcoin either will do a correction downwards which it did but not that much which I expected so after doing some correction it crossed its major resistance which was at 11400 levels ( I plotted parallel trendline in that area ) and I also drew some small uptrend channels which bitcoin has tested before and I...

TheTradingo Updated 

Hello Everyone, We have seen a lot of activity of Bitcoin because it was deemed as real money by DC laws so masses purchased bitcoin and are now holding because it is digital gold (named) so my analysis is Bitcoin is in my top resistance and support area. The major resistance is at 11391 area and major support is at 9600 area but there are many internal supports...

TheTradingo

If Atom strikes Support which is around 2.9, it will jump to internal trendline which is currently resistance and if it breaks that too, chances are it will hit the main resistance

TheTradingo

NEOUSDT Analysis A few hours back crossover of Kijun (Red Line) and Tenken (Blue Line) which gave us a weak sell signal because the price was above the KUMO cloud and then price went into the KUMO cloud which means it is consolidating and another sign was shown when the crossover of cloud happened which has started Red cloud that also means the price is going...

TheTradingo

Cardano still looks bullish even after having strong support at 0.135. I'm looking to buy a bag at 0.115-0.12 where it is facing a little resistance and i will try to do a swing trade because there are some signs that are indicating it's a bullish trend but I can change my idea if daily closes below 0.11 then its a little risky. Do share your thoughts on comments.

TheTradingo

According to Ichimoku trading system, Elrond has 4 strong bullish signals those are price is above Kijun, the crossover of Kijun and Tenkan has not happened yet so it can be said that price can retrace its patch back to Tenkan which is 0.0158 area and then it will pump again making new highs but there if it closes below Tenkan then it will test 0.015 area on which...

TheTradingo

BINANCE:GTOBTC 4-Hour analysis, Crossover of the conversion line over the baseline is considered a good signal and this is a strong bullish signal because the price is above Tenkan( blue line) and Kumo cloud also I would like to share DOW theory which indicates us unless it breaks the swings from downside there is no trend reversal and until it keeps on making...

TheTradingo

Short term uptrend which was started on 8th July was broken and as you can see above BINANCE:BNBUSDT is still in decreasing channel support on 9220 as well as the horizontal support at 9165 has worked so perfectly. If BINANCE:BTCUSDT remains in this downtrend channel we can see more fall in the price of BINANCE:BNBUSDT because RSI and MACD crossover on 4HR...

TheTradingo

4 Hour BINANCE:BTCUSDT , price crossed the downtrend channel and short uptrend has started. I'm just waiting for MACD crossover and RSI is still overbought. I'm Short at 9220 and my Liquidity is at 9800. It can go to 9000-9100 area where I want to EXIT so badly. There are many other or most of the traders and technical analyzers on telegram and discord are...

TheTradingo

I recognized a double top pattern at 4 hour time interval of BINANCE:BTCUSDT . Maybe these signs indicate to us of a bearish trend that is yet to come because BINANCE:BTCUSDT is still in this bearish channel that is not broken yet but it will break if BINANCE:BTCUSDT closes the price above 9340 on the 4-hour time interval. Also Moving Average Convergence...

TheTradingo

According to this pattern, B itcoin will touch 9000 or 9100 soon because it has failed to cross the resistance that is between 9380-9400 and it is clear it has tried to cross that resistance previous times too but failed it is like it is stuck between this support and resistance and please note I'm not a well-trained trend analyzer so this is just an idea I...