The coin sits between two trend lines. The downside scenario seems more likely, as the coin has not stuck above the historical level at 1.30. The lower trigger will be a singal to the short, with the first resistance marked in orange. When the price approaches it, we can move SL to a less unprofitable position or to breakeven. Possible profits are displayed...
Let's start with the weekly and daily charts: As we can see, the daily chart is MRI warning and May 4 will be MRI Top. This will most likely be followed by a 1-4 candle correction. On the hourly chart (that is the first chart above) we see a triangle breakout. It is later than I estimated, but in the process of the pattern development it became clear that the...
It looks like bitcoin goes up. And here's why: - MRI Buy Signal - on the lowest candle in the swing - The lowest candle with a nice bounce - MRI caliper was not broken (the shadow is not considered as a breakdown) Important levels on the chart. Can bitcoin go further down? This should not be ruled out, although the signals are bullish. Disclamer: I'm sharing...
What I like: MRI BUY. If MRI singles appear on or near the tops or bottoms of swings, they usually result in a 1-4 candle correction or trend change. Even 2-3 DAILY correction candles will give DENT enough attention to grow further. We know this can be very quick. A long bounce from the 0.618 Fibonacci zone There is also strong historical resistance there ...
MITH hasn't figured out what to do, fall or rise. I believe there will be a move to the green line area. Next could be a retest of the blue line. If the retest is successful there will be a retest of last swing low. I really do not believe in the retest of the blue line and I think that from the green line the growth will start. However, MITH could start rising...
What's going on? The resistance zones are shown on the charts. We're looking at them. Orange line:
You can see it on the chart. BTT needs to fix above the downtrendline to be sure. Further resistance will be around 0.0085. Considering that other altcoins started to rise, we can expect BTT to rise as well. The main thing is that bitcoin does not fall. And here's what happened yesterday, thanks for asking @Azamat_M1998 Disclamer: I'm sharing my thoughts...
WIN rebounded after falling to 0.00188, then went down, reversed above the last swing high (excellent signal) and started a new rise. The resistance will be around 0.00187, which can be seen with the naked eye, as well as additionally signaled by the MRI indicator on the 4h chart. If the resistance fails to break through quickly, a bounce to the trend line is...
Everything can be seen on the chart - BZRX is in a bullish trend, POC and SMA50 are under the candle at the time of writing. SL can be put under the previous candle or under the last swing high. Because the symmetric triangle is broken in either direction. Disclamer: I'm sharing my thoughts and not giving financial advice. All decisions are your own and you...
MITH returned to the trend line, tried to break it several times, got tired and went up. Now we see a promising bullish triangle. Where to buy? Depends on your strategy. Maybe MITH will fall to 0.141 - 0.144. Maybe it won't get there, rebounding from 0.147 - 0.15. There is also some resistance at 0.155. I would like to see a third touch of the trend line in the...
GRT, great opportunity What I like is the completion of the triangle. It's never clear where such a triangle will shoot, but that's what the Stop Loss is for. I would put the SL under the last swing low, i.e. below 1.809. If right now it is possible to catch an entry through OCO or Stop Buy, it is possible to do it with a small risk. Disclamer: I'm sharing my...
To begin with, let us understand what happened. Why did BTT rise so insanely? - Promotion on Binance, March 20-26 - Promotion on Huobi, March 19-April 3 - Staking on Poloniex, March 25 - BitTorent File System protocol update, April 4 Ok. Everything is clear with the growth. What now? Where will BTT fall? I'm looking at a zone around 0.01 or 0.007. I'll...
The present situation is harder to understand than I would like it to be. The technical analysis shows the following: - rising wedge - Daily MRI TOP (red arrow above the red candle of April 3). But not at or near the peak, but in a correction. Therefore, the MRI should not be the reason for the decline. Nevertheless, a plan should be made. The worst-case...
MITH is out of retracement and preparing for a new jump. You can see it especially well on the 4 o'clock chart. Of course, the triangle can be broken the other way as well. Targets for an upward move: the peak of the arrow, calculated on the basis of the bullish triangle past swing high Under 0.09 as a round level Not ruling out 0.01 on the shadow. ...
IQ finished the correction, is in an uptrend, formed a cup & handle, which gives us a target on the technical analysis to the zone 0.038. Important - the formation of the cup & handle started before the liquidation of the bitcoin! Resistance is possible in the area of 0.035 Disclamer: I'm sharing my thoughts and not giving financial advice. All decisions are...
Retracement is complete. STMX is in an uptrend. The price at the moment of writing is above the maximum trading volume since the previous swing high It remains to break through the resistance at 0.0605 and rise Next possible resistance is around 0.0664
I assumed on Sunday that the breakout would happen on Monday and it did. That's great. Quickly got to 0.019, from there it went down to 0.014 and then it went up. Possible retracement is 0.618 Fibonacci zone - 0.0131. At the time of writing, DENT has touched and bounced, whether it will retest depends on the shadow that is now drawn. Or 0.786 Fibonacci -...