Elon did it again! Now his tweet should support anticipated upside movement of BTC and litecoin - a silver sibling of bitcoin should make similar move. My numbers are as follows: Buy 178 TP 289 SL 145 P.S. Price pattern shown repeats the price development of LTC from the end of the last bull cycle.
Broader trend is still bullish . Will watch closely to the price action of BTC . If it breaks 50k support then this idea will be invalidated. Will start a trade early if I see bullish formation like a double bottom or other. ALGO / USD Entry ~0.98$ TP ~1.79$ SL ~0.85$
Broader trend is still bullish. Will watch closely to the price action of BTC. If it breaks 50k support then this idea will be invalidated. Will start a trade early if I see bullish formation like a double bottom or other. DOT/USDT Entry ~29,5$ tp ~38,5$ sl ~27$
BTC / USD Similarities with last month correction. Potential short-term upside move to 60k level, where heavy resistance is anticipated.
ALGOUSD Entry - 1.43$ SL - 1.25$ TP - 1.795$
Hello! As a newbie swing trader, I open only long positions. I prefer swing trading, as I think it it more interesting then position trading and less difficult then a day trading. I am studying constantly and I would like to switch in future from crypto to a stock market. I started this as a hobby to have some small extra income, and to have some tools and to...
That feeling when you held this ALT for a long time and sold it before it skyrocketed. In fact, I sold it much earlier, but it still hurts.
Gold possibly has touched the bottom for this quarter and reversed its trend. As you can see from the chart, the price stopped descending exactly at the marked support area which is 0,5 Fib retracement level. The price has breaked descending trendline and goes up. Personally I take this chance to add more gold to my inventory to hedge against inflation.
Nice setup for a swing trade. Please see the chart with marked key levels and trend lines.
Currently I see a nice formation for a swing trade. Please see the chart with marked resistance, support and trend lines. Buy 34.40 SL 33 TP 40 What do you think?
On this chart you can see comparison of the monthly gold price with the U.S. dollar index over the last 10 years. As you can see here, obviously, Gold and DXY have negative correlation. However, I would like to bring your attention to the following. If you look at the chart of historical data for gold prices for the past century till present with indicated...
This is inverted chart and here from this angle it is double bottom pattern :) Anyway, today markets are calm and this calmness is for some reason very disturbing. This looks like calm before the storm. Double top formation will be confirmed if the price will fall below a support level between the two prior highs and this can be a signal that the overall uptrend...
Double top formation will be confirmed if the price will fall below a support level between the two prior highs and this can be a signal that the overall uptrend is losing its momentum and the trend might be going sideways, or even reversing since double tops often lead to a bearish reversal. So in case the price will unfold like this, I will not enter in longs...
My view on further possible price development of XTZ. I think we may see XTZ price approach its last price high in a week. Overall, Tezzos is very interesting cryptocurrency to me and I can not understand why it so much underperformed comparing to other alts.
XTZ correlates pretty much to BTC. It's interesting that last few weeks that I'm watching XTZ price movement, XTZ predicts price movement of BTC. When XTZ starts pump or dump, the same happen to BTC with some time lag.