-Rsi bullish divergence -MACD bullish divergence -Fibonacci 0.618 retracement met -All the breakout buyers are in loss These are the reasons to be bullish at this stage and for me the last one is the most authentic reason. as you can see in the picture below, all traders who where watching the market to breakout to buy back their baskets are in loss and this...
EntryPrice = 2.55 Stoploss = 2.14 Takeprofit = 5.66
From may 6th this year dash is forming a nice falling wedge (bullish wedge) these wedges are really good chart patterns especially after a great downward movement. But how we can tell that this downward move is a corection not the resume of the underlying downtrend eversince 0.12Btc (ATH)? simply we can't say for sure but there are signs of reversal. First of all...
Hi everyone I'm working hard on a new kinda indicator that is unusual to tradingview. It is a kinda tool to assist you in portfolio management in crypto. It has some features that I will discuss about in detail when I publish the source code. It worth to note that it is hard to write something like this in pine language! some features: -You can change the...
I hate these meme coin but it seems market doesn't and I love market! here is a simple setup on this token SHIBA. Entry : limit order on 0.00002803 Stop-Loss : 0.00001587 Take-profit : 0.00008821 Position Size : 10% of entire trading capital (Never use leverage on these tokens)
I like to do this pitchforks in a way that are more accurate historically. as you can see the median line of this pitchfork is toching key levels of price. Price has some tendency to move in a constant slope and respects its past. So i think playing a long here after this last fall is going to be a nice one. Do not forget to risk manage your trades. A recommended...
I suppose dash price will accelerate after it surpasses 214$ because it acctualy broke an important trend line and came to test it and now confusing between this downward trendline and the high which dash ploted after breaking the trend line. these simple thecniques are proven to me as you may know my last call on dash was pretty profitable in the past YTD. I...
XRP still didn't show us good returns in this recent altcoin bubble (two years almost) compared to new high return meme coins but I think it will. It has broken an important trendline but still there is no significant volume; at least in bitfinex. I am already in XRP since 0.2$ and some from 0.77 but I suppose this useful coin will demonstrate high return in the...
This is insane, 3.26% of Open interest in Bitfinex exchange are shorting bitcoin right now. This is extremely low as you know it is a ratio. It can not go below zero it can just be near zero. This is -in my opinion; an indication of extreme optimisim and will probably result in a powerful long squeez. To get this chart use this...
As the title says I believe the thousand years of gold supremacy will fade soon in couple of decades. because she now has a superior rival that is going to take her down. As a lot of people believe that bitcoin is a substitute to US dollar I don't believe that's the case and bitcoin can not be an alternative to US dollar and should not actually. if an economy was...
Dash hasn't been talked a lot yet these days but I want to point out some facts about it: -it is corrected more than 96% from all-time high -two or three months to it's inflation reduction -it formed a wedge and have broken it in 23rd November 2020 and have touched it and confirmed the support -total crypto market cap have gone up crazy and it seems no one hasn't...
there is a really big double bottom in Altcoin market. one little push and boom! the confirmation of the double bottom will pave the way to 250B dollars. altcoin market is seeing major changes. long stroy short. if altcoin market cap will be able to break the previous high it is more likely to go straight up to 250B usd. watch this level.
that blue line is the line that connects two important highs, the 20k and 14k. we had a rally from 3.8k to 10k then we are consolidating in an ascending channel it feels like 2019. when every correction in that time was a consolidation in an ascending manner actually volume is declining since we met 10k. as i showed you on the chart above the yellow circle is the...
i learned a big lesson from R. N. Elliott the founder of wave principle- impulses consumes more price rather than time and corrections consumes time rather than price. i a market drops quickly and rises slow you should consider it as a downtrend and vice versa. so to speak one may come up with the question that US stock market dropped fast in the past 10 years...
xrp was the worst investment in the last 2 years and i'm affraid this is going to continue because there is a big chance for bitcoin to surge really higher duo to halving and massive quantitative easing. with this triangle that is been plotted by xrp on XRPBTC chart it is likely that xrp will eventually break this level of support to the target of 1000 satoshies....
long story short: short bitcoin because the bearish momentum is not over. i don't mean long term Hodlers but traders. EP: 6626 SL: 6990 TP: 4582
AS you can see this the chart of bitcoin compared to Dow Jones Industrial Average it is simply calculated by dividing bitcoin price by DJI it gives us a imaginary market where bitcoin is base asset and DJI is quote asset and should be written like this: BTCDJI this is really interesting chart to me. the most interesting chart is that in recent 12 days bitcoin is...