The price action that is currently playing out demonstrates a bearish bias. Price has failed to make a higher high past the 42000 zone. On the daily chart, price has rejected the weekly kill zone resistance at 41000-43000. Latest daily candle forming a doji. On the 4/1Hr time frame, the latest bearish impulse has retraced to the previous 'M' neckline resistance...
Hi guys, i hope you held your cryptos with diamond hands and did not panic sell during this dip. ETC has presented us with a beautiful buying opportunity. Following the bullish impulse that occurred in May, price has dipped to a sweet spot. Price is currently testing previous resistance turned support at the 38$ area. The 200 EMA and the 78.6% Fibonacci...
Following the latest bullish impulse form .004 - .06 price has found support and seems to be stabilizing at the .01 area. This is also the 78.6% fib retracement zone which presents us with a great buying opportunity. Although we have this opportunity present, we must acknowledge the possibility of price taking a drop back down to the .005 area where there is...
Following the latest bullish impulse, price has made its way back down to retest the 0.05 cents area which is the 61.8-78.6% Fib zones and previous resistance, turned support. I will definitely HODL this one Fundamentally speaking Celer Network has excellent projects in the works and has a bright future This should not be considered financial advice, DYOR
Safe to say Litecoin is going to the moon 🌚 Price has dropped to the 78.6% level and a major resistance zone turned support being retested Fundamentally speaking Litecoin has HUGE potential 📈 This should not be considered financial advice. DYOR
After the triangle breakout to the upside, price came straight back down to a daily support creating a double false breakout. This is meant to induce both buyers and sellers. Price seemed to have found support at the 1.00 and 1.20 zone where there is a doji candlestick forming indicating sellers’ exhaustion, however there is still about 8 hrs until the candle...
Following the last bullish impulse, price has corrected back to the 61.8% level. This 61.8% level at $4.30 zone is a daily resistance level which is now being retested as support. I´v already bought Swipe although this is a great time for re entry. Ill be holding this trade long term Tip: Swipe and 1Inch have a strong positive correlation This should...
Following the 11$ impulse from 24 - 35, price has retraced back to the 31 area where price is retesting previous resistance turned support. Price is also bouncing off ascending trendline of the triangle. I expect a breakout to the upside of course, but if it does break to the downside I expect price to drop to the 20 zone as this is a weekly support zone....
After the initial bullish impulse, price is stabilizing at the 0.16 cents zone (38.2% fib level). I would personally like to see more of a drop to the 61.8%, 78.6% or even 100% fib level, which seems to be the strongest in the structure. Nonetheless, ANKR has great things in the works which means a lot of upside potential for this coin. Iv already bought,...
Bitcoin is exactly where it needs to be. If this drop put you in a state of panic, good, that’s the point. The importance of the daily timeframe: - Price dropped to a previous resistance turned support - Testing 78.6% area - The ascending trendline isn’t too far away so wouldn’t be surprised if Bitty made 1 last drop to that zone Use proper risk management...
Price is: -Retesting previous resistance turned support -78.6% level -Bouncing off ascending trendline Easy set up, keeping it simple Happy trading 🤑
Easy and simply trade Price is at retesting orevious resistance now support and 78.6% retracement
Price has retraced back down to a previous resistance turned support that happens to be the 78.6% level. Price is also bouncing off an ascending trendline Happy trading 😃
Bitcoin Cash has given us a beautiful buy opportunity. Price has retraced to retest previous resistance now support, retesting previous break of descending trendline, also hitting the 78.6% level. I bought bitcoin cash and i will not sell until it breaks all time highs.
Aright guys, we have a clear cut and simple trade here. The most important structure that was broken is the ascending trendline at the 200 area. Price broke through and above and is now at the retest of previous resistance turned support and the 78.6% level. Price is also forming a double bottom or a “W” also indicating a bullish reversal Dash has given us a...
Beautiful price action, looks like price retraced back to retest previous resistance now support. Price has also retraced to the 32.8% level. I would like to see at least the 50% level be tested, although it looks like there is a level of support at the 61.8% level. I won’t sell a single cosmo , keep last ATH in mind Use proper risk management
Price came down to retest the previously broken descending trend line and strong 48K support zone. I will wait for price to drop down to my golden level of 78.6%, area of 48000-48200 to buy again
After price shot up to .36, it dumped straight back down to the .20 zone. Price retraced to fib level 78.6% on the daily, that also happens to be previous resistance, now support. I will personally wait for price to drop another 2 cents before buying, as this is the 78.6% on the micro fib retracement. Buy & HODL!!