So recently, ETH broke our previous point of short positions. Currently ETH is trading just below the major resistance and haven't tested it. There could be two scenarios, Scenario No.1 ETH my come down from the current position without testing the resistance as most of the traders are waiting for the retest of the resistance to open short positions. Plus bulls...
BAL is at the resistance and providing a very juicy shorting opportunity. Best of luck traders
As mentioned in my previous post about the BTC ranging. Here is a developing short setup with good risk to reward ratio. Good luck traders
As i have already explained the whole scenario on the BTC. Local upside moment and fakeout, while overall bias remains bearish. Here is good probability setup for shorting of the BTC on local time frame. BTC is moving in an ascending channel. Once the channel is broken or rejection takes place on local resistance, a good shorting opportunity can be availed. BTC...
keeping in view the overall bullish bias on the higher time frame for usdjpy, a small long position can be taken above 138.65 with the targets of 139.39 to 139.60 SL could be kept tight at 138.35 Best of luck traders
Bitcoin is currently at a critical point. Technically and fundamentally BTC is bearish and we may soon see the levels of 15K, 12K or 10K. In extreme scenarios it can go even towards 7.5K levels. There is no long opportunity yet. We may see some fakeouts but priority remains bearish for the moment. upper mentioned levels are critical and closely be...
As BTC is making fakeouts and there has been profit taking by the investors. Same scenario will be followed for the ETH. Any pump might lead towards the dump as in bearish cycle, each and every pump is for short term profit taking and then dumping the price. ETH has also been making a classical bearish flag pattern plus the fundamentals are also aligned. Check...
Keeping in view the situation of the BTC and bearish cycle on macro-level, DOT is poised to fake out or fake impulse towards upside, which will trap the bulls and it will suddenly break down and take a dip. Rate hikes and inflation will have its effect on the BTC so as on the ALTS. Areas to keep in my mind for shorting are 8.4 and 7.6. I t might drop from the...
BCH looks in bullish mood. Entries can be taken from 820-850. 4 targets are mentioned in the chart. Book profits of 20-30% on each target.
Bullish on the retest or breakout I am not buying the recent pump rather waiting for the breakout or the retest. Once breakout is confirmed or the retest of the lower support. Price can go parabolic with targets mentioned in the chart.
Short term short. BTC may touch the lower levels of the fan. if bounces than it may slowly range in the space.
check the price tags plus the upward price prediction.
DIA long idea.. break the resistance and go to parabolic... do your own due dils please... targets highlighted on the chart with a resistance price in green line..
long if bounce back from the support.. TP's mentioned in the chart.
perfectly respecting the support curve and lines.. we are bullish if breaks the resistance line...
see the chart and do your own due dils.. not a financial advice thanks