FTM dipped ~35% during the last few days. Even worse, current technical indicators and charts indicate more downside potential. Here's why: 1️⃣ Bearish MACD Crossover FTM flashed a bearish MACD crossover on the 4H chart. Based on backtests, the signal is solidly reliable when it comes to 2%—5% profit targets (downside potential in our case). 2️⃣ Bear...
BETA finds itself in a considerable downtrend. Lately, the token crashed through the support at 0.065. This level has served as support since the end of June. In addition, BETA flashed a bearish trade signal called "Parabolic Trader." This trading strategy combines the MACD, EMA, PSAR, and ADX to provide accurate entries. Based on backtests, the signal shows...
Bitcoin has been trying to break through the EMA 200 for almost a week, but the crucial moving average has proved to be strong resistance. From a positive perspective, we have to have that the continuous tries to initiate some upward momentum happens during the major BTC sell-off by the German government. Therefore, BTC is doing exceptionally well. Today, we...
Today, has flashed a bullish MACD crossover on the daily chart. The signal could lead to a profit potential of 130%. Here are the details and how to approach the signal👇👇 The MACD signal on the daily chart is usually highly reliable. Additionally, the backtest second the reliability. However, based on the current chart situation of FLOKI and Bitcoin, it is...
EMA200 — An Insurmountable Hurdle For Bitcoin? 🚨 For the third day in a row, Bitcoin was rejected strictly at the EMA200 daily chart. Driven by Germany's continuing BTC sell, bears stepped in again today when Bitcoin tried to pump through this essential level. As mentioned in today's live session and other posts, it will be crucial for BTC to cross the EMA200...
Current Status 📊 GETTEX:NOT has delivered an outstanding performance for the last few days. However, the rally might continue based on the latest Power Scalper signal. The Signal ⚡️ NOT flashed the signal on the 4H chart, indicating a potential of more than 17%. Unfortunately, there is not enough data to provide solid backtest data for NOT. Nevertheless, the...
AKRO flashed bearish trade signals in two consecutive days. 1️⃣ Yesterday, we saw a bearish Ichimoku signal — known for its high reliability. The signal indicated a profit potential of ~30%. 2️⃣ Today, AKRO added a bearish MACD crossover on the daily chart. Moreover, based on backtests, the MACD on the 1D charts shows excellent win rates — even for profits above...
Following the recent significant correction and subsequent reversal, I have updated my Bitcoin chart analysis. Instead of focusing on the 59-60k range as a crucial level, I will now concentrate on two key aspects: 1️⃣ Bull Flag Pattern on 1D Chart: Bitcoin is clearly trading within a bull flag pattern on the daily chart. This has become even more apparent after...
Latest Performance 📉 ELF has been in a continuous downtrend since March and has lost ~60% since then. However, during the latest market rebound, ELF showed some strength, too. Signal Details 🧐 At the same time, the token flashed a bullish Bollinger Bands signal. The signal occurs once the price touches or falls below the lower Bollinger Band. At that time, the...
Bitcoin's latest crash reinforced the HTF bull flag scenario. BTC touched the flag's lower boundary precisely and rebounded strongly. A breakout to the top would provide an extremely bullish signal and bring 100k back on the table. However, we are not there yet. Nevertheless, besides the logical resistances at 60k and the previous ATH, the bull flag scenario is...
What Happened? 🧐 BETA dropped ~40% after its massive 170% pump. The drop was driven by people taking profits and fueled by the Bitcoin crash. Latest Performance 📊 Today, BETA does not perform as strongly as many other crypto tokens. Nevertheless, based on technical indicators, it flashed one of the most reliable signals on the 1D chart. The Signal ⚡️ The Hyper...
$ BINANCE:PEPEUSDT is down 7% but bounced exactly at the major support line at 0.000009. If Bitcoin stops bleeding, we should see Pepe going back to 0.000011 quickly. In case Bitcoin decides to go lower it will be essential for PEPE to defend the support line. Losing this support would quickly bring the level at 0.0000065 into play. Hold the line, Pepe!
Similar to many other altcoins, BIST:LINK reconquered its crucial support line. Closing above this area is critical to avoiding more selling pressure. However, this will only be possible if LINK reclaims the 59-60k level and sticks a landing on the daily chart. Therefore, watching the next 6 hours might be more interesting than the upcoming UEFA finals
Finally, CRYPTOCAP:BTC and the entire market show some strengths 💪 Many altcoins reconquered their essential support area while Bitcoin is trying to reclaim at least 59k. As discussed in the morning live session, watching Bitcoin's daily candle close will be crucial. - A close between 59k - 60k would be required to invalidate the immediate bearish potential. -...
When the market is down on days like today, I often get asked what I think when the bull run is about to continue. My answer is simple: It hasn't even started yet. Here's why 👇 ➡️ What we've seen so far this year are two things: Bitcoin performing exceptionally well, driven by the ETF approval and a meme coin hype. ➡️ The rest of the market has continued to...
Just yesterday, I posted a trade setup to short on the 4H chart. With today's market dip we reached the profit target easily. However, the dip flashed another bearish signal for Tellor, indicating even more downside potential. Here are the details 👇 1️⃣ Trade Signal Tellor flashed a bearish Parabolic Trader signal on the 4H chart. The signal combines indicators...
I saw a couple of posts lately on social media that predicted 200, 300, or even 500 as a price target for during the next bull run. This surprised me. I don't think that AVAX will get even close to those numbers. To make this very clear, my assumption has nothing to do with the project in general or Avalanche's technology. On the contrary, I am a big fan of...
The crypto market is mainly moving sideways. Accordingly, it is reasonable to pursue trades with a lower profit potential. 1INCH is an exciting opportunity to realize 2.5% gains. 1️⃣ Bullish Trade Signal Flashed 1INCH flashed a bullish MACD crossover on the 4H chart. The signal has high reliability to realize gains of 2% and, therefore, perfectly aligns with the...