A big fall can come in BTC : Rising wedgeA big fall might come on the crypto market as btc looks very bearish with the rising wedge pattern
A 30% retracement is on the play.
Blockchain
AEHL Ceramics and now Blockchain, sounds like China HustleAEHL is a leading Chinese manufacturer of ceramic tiles used for exterior siding and for interior flooring and design in residential and commercial buildings
2/11/21- offering 588,236 common shares at a price of $3.57 per share to selected institutional investors (L) 3.50 (H) 4.29
10/15/2020-China Ceramics Announces Corporate Name Change to Antelope Enterprise Holdings Limited (L) 2.22 (H) 2.49
8/18/20-entered into a one-year licensing contract with Chengdu Jinke Yulu Technology Co. Ltd., a software distributor which provides digital technology systems to banks, large financial institutions and courts (hence why everyone thinks this is just clearly a crypto play and it is not) (L) 2.49 (H) 4.29
Once this passes 3.32 R2 S2 I should be able to exit at my overextended wishful target of 4.65. This security has pushed past 5 before, however, I am not holding out for that.
long on eth above the breakout candel with 1:4 rewardlong on eth above the breakout candel with 1:4 reward with sl on closing basis of candel on shared TimeFrame
SXP Short term Profit TradeCrossed Resistance at 2.82, Inverted hammer and doji claims bullish pattern. MA bullish cross at 7,21 and 7,50.
Entry $2.85
Stop loss: $2.54
Target 1- $3.55
Target 2- $4.10
Target 3- 4.95
BTCUSD Bybit Bitcoin Chart Analysis July 7th
Hello,
“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
“Follow” me and press “Likes”.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for July 7th .
At the top, it is a 30-minute chart created yesterday.
I checked the purple path in real time.
Vertical rise -> purple path
That's up to $300 in revenue.
Congratulations to the profitable people.
This is a daily chart.
In the meantime,
The resistance line section of the daily candle parallel line was reached.
For each section,
I checked the main section.
1. It is not good to BreakAway the red section.
2. Purple smile. It is the target target of the day and can be a safety zone.
3. Two pink smiles. It is a candle Weekendly parallel resistance .
There is still a long way to go.
Currently, in the main section, the width of the Bollinger band is narrow.
It is open up and down, so be careful.
I have made a Trading strategy with a focus on this part.
Today's trading strategy.
30-minute chart / One-way long position strategy.
Today, I wanted to make a perfect chart analysis.
Main section only, in summary,
*Check the blue movement path and long position entry section
(orange trend line Breakaway And
strategy failure if touch the pink line)
Changed to a sideways move strategy when Breakaway,
Check the red finger section at the bottom.
Thank you.
BTCUSD Bybit Bitcoin Chart Analysis june 24th
june 24th BTCUSD Bybit Bitcoin Chart Analysis
Hello,
“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
“Follow” me and press “Likes”.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for june 24th .
This is a 30 minute chart created yesterday.
Without much movement, the sideway move finished.
At the bottom,
without leaving the "no expression" section,
Movement came out.
12 hour chart.
Today's support line
Because it is formed to some extent
There will be no crash immediately.
However, at the bottom, if you leave the "no" section
Not good
Contrary ,
When you touch the "Smile" section at the top,
The upward trend can be maintained.
This is an important seat.
Focusing on this part
I make a Trading strategy.
30 minute chart. neutral strategy.
Green parallel resistance wire,
On the red support line,
Triangular convergence was created.
Red support line deviated,
Before And After,
sideways strategy.
Check the blue route and each major section.
If Red Parallel Support line Break Away ,
Please focus on the red finger at the bottom.
Good luck.
Thank you.
BTC Will it go to 7000 againHey Guys,
Hope you all are doing good. Welcome to my First TA.
As per the chart and fib retracement with on it. I think BTC will touch 7000 mark soon.
What do u guys think, please update in commments below .
PS: I am just sharing my view, it is not a investment advise.
LTC/USD Critical Point SpottedHey folks!
No time to explain...straight to the chart:
LTCUSD is about to break its local resistance level (see previous structures that confirm this argument). Moreover, according to the Ichimoku (20/60/120/30 - perfect settings for crypto currently) the price is about to complete the breach and hence there is a strong indication for the price to go even higher. MACD - overcross spotted! RSI is steadily climbing higher. In general, if you look at Fibonacci retracement 38.2% - this is the next critical level which if breached opens the road to 61.8%. If you take a sharp look at the Fibonacci Extention line 38.2% you can notice that this line almost perfectly aligns with 38.2% of Fib.Retracement which combined is a strong price level for LTC.
The market is currently in favour of crypto and it looks like we are in a "recovery" stage. Though, not entirely.
Anyways, plz always do your own due diligence. I am waiting for the resistance level breach.
BITCOIN UPDATE- Buying gets triggered above $8200 Despite dipping below its 8-months trend line of $7800 and touching a daily low of $7318, Bitcoin managed to recover above its major support area of $8000 due to the recent short covering in today's session. We can see a small falling wedge pattern on the charts today which indicate a short term exhaustive buying in BTC if it sustain above $8200.
Bitcoin is taking the immediate support at $8000, below which the next key support area is $7800. On the upper side, it is facing resistance around $8500-$8600. A break above this level we can take target resistance to $9000.
However the long term technical outlook still seems a bit shady for Bitcoin as it is hovering around its 8 months trend line and traders are skeptical about the future of the digital assets amid all the negative news.
