Hello traders, that's my new idea: Having made a long research I think that btc could reach lower lows and that 43k could be the turning point to the real drop. Because of this reasons: First, if you draw the downtrend Fibonacci Retracement from the wick of the 4th December 2021at 42k to the all time high the the 10th of November at 69k yo can clearly see...
Hello Traders!! That is my new idea: ADA is looking bearish at mid term with target 0.78 I will consider to enter a short position in ADAUSDT due to the following reasons: -Ema 21 is crossing 55 in daily time frame -Broke 1$ support last week -Formed a bullish triangle in 4h time frame, it broke the lower triangle(bearish sign). -Now the price is currently...
Hello traders!! That is my new idea : Doge is looking bullish mid term target 0.21 I will consider to enter a long position here in DOGEUSDT due to this reasons: -Falling wedge patter with upper line already broken -Price situated over a medium support and congestion area that was broken with the BTC drop and reclaimed -Descending volume Procedure: Entry now...
Hello traders, that' s my new idea: We have CHZ currently touching the strong support that was already broken, my analysis suggests me to enter a short position here. Why? It is situated in now a strong resistance and the probabilities of a breakout looking the bitcoin situation are quite low. The EMA21 has crossed the EMA55, this indicates a downtrend and...
Taking in to account the current situation of BTC that in my opinion made a weak bounce from support of 39k like you can see in my other analysis i expect it to touch the 37,5k level and then we will see if it holds. Meanwhile i see this a probably good trade. Because of: -Touching resistance -Touching upper line of ascending -Weak state of...
It looks like the king of the crypto market is going to retest the bottom of the ascending channel, i think that it would be a good idea to looking for longs at the bottom of the channel, however, if it holds the blue box that seems to be a good entry . Orders at the *purple line 40500-41000, *orange line 39000-39500 and *bottom of the ascending channel...