simrangill1551

simrangill1551

XRP is right now at the support line of an ascending triangle. It's a bullish pattern and break up could take up to 1.6, 1.7. But the main thing to keep in mind is BTC direction. If BTC chooses to have a correction now, no alt set ups will work.

simrangill1551

Ethereum saw a really nice pump this pump and it needs to take a breather. Eth and bitcoin are forming rising wedges right now and both are showing signs of exhaustion with RSI and MacD bearish divergences. It feels like a good opportunity to short to the 2900's and confirm support around that area. Another sign of a local top is Alts basically popping off while...

simrangill1551

As others have pointed out, BTC is forming a triangle pattern. Best move in my opinion is to wait and join whichever side wins, bulls or bears. We're at a critical level right now.

simrangill1551

It's a clear H&S pattern on the 1hr and 4hr. Let's hope BTC doesn't fall here, otherwise it could go down to 33k due to the head and shoulder pattern.

simrangill1551

I will be shorting this Ethereum rising wedge break down. The whole market seems like it needs a correction. I am targeting the local support level 2400, 2200, 2000 etc. Good luck trading.!

simrangill1551

The daily candles perfection bounced off the long term downtrend line at 42.5 ish level. This will be the second red candle after more than a week of green. Here's why I think we'll have a correction soon. > It should also be noted that RSI on daily is overbought. > There is bearish divergence on the 4hr time frame. > Volume declining since the Amazon pump >...

simrangill1551

Not expecting the same growth as AXIE but SLP is looking bullish. It's possible there is a correction in BTC so that will good us good opportunity to buy AXIE and SLP. Buy .22 , .20 and .18. I'm expecting it to be .70- 1.0 within the next three months. Good luck.!

simrangill1551

Bitcoin has been really great for the past week and I don't wanna ruin the mood for bulls but RSI has been making lower lows and volume is decreasing at every local top. I don't plan to short yet but if you're buying, I'll wait for it to clear 42k resistance and restest. Good luck trading.

simrangill1551

Confluence of Symmetrical triangle and falling wedge, expecting breakout next week. But even without the technicals, AMC is a banger. Hope y'all loaded the boat cause it's flyinggg. Good luck !

simrangill1551

BTC has been green this week but the RSI is making lower highs. It looks to me that BTC will break down from the rising wedge soon. I am already in a short but there's a chance we go up to 35.4 ish before finally going down. Be careful guys and take profits if you played the long.

simrangill1551

BTC broke and short term looks bullish but just keep this bearish divergence in mind.

simrangill1551

This is a Win for the Apes. #HOLDSTRONG

simrangill1551

BTC is forming what looks like a falling wedge. Combine that with all the bearish signs we've been seeing, I think the price will retest 30-31k. Hard to say if we'll dip lower since the bulls don't seem to give up. If we see a bounce there, I'll be looking to enter long at 31 ish level. Good luck trading!

simrangill1551

Just a thought but BTC seems to be consolidating in a rising wedge. It is another bearish pattern which strengthens my bearish outlook on the trend. I'm holding my short from 34k unless I see signs of buying pressure.

simrangill1551

BTCUSDT broke down from the bearish flag and it seems like it has retest the support as resistance. Like, most people here I want to be bullish as well but we cannot ignore the technicals here. It's a textbook bear flag, break down and retest. I have taken a short position and my targets are> 32,000 30,000 27,000 I'll get out of my position if bitcoin goes back...

simrangill1551

MATIC has been consolidating for a long time and it's on the verge of breakout. The price has been getting rejected by the trendline many times and if it's broken we'll see a huge pump in matic. The targets and stop loss is marked on the chart. Good luck and leave a like if you agree.

simrangill1551

Bitcoin tried to break above the 35k level but the lack of Volume is not supporting the breakout. There's a small divergence on the 1hr chart as well. I think the price needs to recharge and retest the resistance again in order to break it. Let's see how it plays out.

simrangill1551

Btcusdt is looking quite bearish right now. I found a small symmetrical triangle that can be traded. If we break to the upside it might be possible that it tests 35k levels again. If BTC goes down then I think it'll to the 22-25 range, since 30k is a very important support level.