I don't think ETH will break this W resistance area immediately so expecting pullback this week, recommend stop losses on all your altcoin positions. And buy the dip heavily.
CREAM broke out nicely on 4H timeframe, need to test $105-110 as new support imo to confirm. Looks like a good one to build a big swing on with a $180+ target so will be looking to buy dips. Can find perp on FTX or spot on Binance, note CREAM doesn't have a BTC pair on a big exchange (Binance+FTX are only against USD or BNB). This means it generally runs hard when...
Three scenarios I'm looking at for Bitcoin, don't think we're out of the woods yet, pullback would be expected here. Would be nice to bounce at a higher low in the 51k, that would show the bulls are back in control.
Failure to reclaim 57k even with bullish news such as Venmo integration doesn't look good. Wouldn't be surprised to see BTC bleed down to the 20EMA levels such as 43-45k over the coming weeks before seeing a strong reversal. I've started to act accordingly and reduced exposure, hoping to be wrong, but it would be stupid to ignore the red flags. Market doesn't make...
Polkadot on the move to new ATHs, broke resistance and now testing new support from above, confirmation and let's go.
Bitcoin broke 4H resistance, will look for confirmation on close and enter long on the pullback.
Crazy that SUSHI went 5 months since $0.65 and never closed a daily below since reclaiming it. That means it did a +2,600% move in 5 months, don't you love crypto?
Drew this on DOT-USDT 4H timeframe, but you can find similar patterns across the whole cryptocurrency market right now. Learn it! Understanding these current market conditions will help you make a lot of money.
BTC.D is now dropped lower than the levels seen in DeFi summer 2020, expecting April to be extremely bullish for a wide range of Altcoins.
Chromia (CHR) looks to be breaking out of its downtrend here on USDT pair. Recommend cautious position size as Bitcoin price action very choppy right now.
Looks good for further upside if we keep this bullish momentum, had two scenarios in mind this morning as per chart. Though it did look like we would breakdown to 54-55k at one point, so would like to see 56800-57k hold strong as a new support. Make sure you check 4H idea I published last night as this is an update.
Litecoin has been lagging compared to other altcoins such as Ethereum in this bull market, still 50% away from ATH of $420. Weekly chart looking prime for upside momentum with this squeeze forming.
Bitcoin 4H chart looks bullish imo, don't panic.
A dip down to $39-40 would be a great entry, let's see what happens.
+60% in 15mins, crazy candle! AXS/USDT
ETHUSDT breakout shared on 31/03 in dExplain be sure to follow!
Cardano ADA printing an ascending triangle on the 1D timeframe