Get started

Crypto

[EOSUSDT] Currently in a magic Box? 💎 EOS/USDT is situated in a potent supply zone. It's broken through the trendline, signaling a shift in its trajectory. 💎Currently, it's consolidating within a specific range, or as we like to call it, 'the box'. 💎If EOS/USDT manages to break out of this box, we could be witnessing a significant bullish wave. Stay tuned, Paradisers! 💎In the ever-changing landscape of crypto, staying informed and adaptable is crucial. Keep an eye out for more updates and happy trading!"
ELong
by MyCryptoParadise_Simon
Bitcoin Dead Or Gone At This Level $28200 or $26450See #bitcoin has this condition right now, no wonder btc always disappoint as well as always outperformed. the resistance level of btc which is $28200 has to be crossed in order to reach $30k to $40k frame if reversal pattern cross the support level of $26400 then we will se the collapse till $24k to $22k hope you have the clarity in market show love and respect for me to provide the best information of the market thanks! #crypto #pepe #btc
by tradingcops_1
Bitcoin TA : WHAT THE FUTURE HOLDS ?We are now seeing a retracement on #btc after striking the 50% fib level at price $31125 from last high to swing low on monthly. The next move is #btc tumbling further to our respective demand zones. We have Identified two possible outcomes A & B. Option A(Blue): Bitcoin will reach the 50% fib at 22,521 and if the level holds we could see a retracement back to highs and potential newer high of 36.6k level. Which marks major supply for #btc. Option B(orange) : Bitcoin could see a steeper retracement towards the 61.8-78.6% golden ratio on the fib. The prices are 21k-18.9k and see a strong pullback to the supply zone of 36k. Note: These are technical analysis based on probability and is not 100% accurate. Please do your own research before investing.
by CryptoBlanco
'You Rise, Only to Fall!' Elliotical Approach to BTCUSDT.Hello Traders! "Do you see the beauty of it? The Inevitability? You rise, only to fall!" As Ultron has pointed out, at times, markets rise, only to fall, what we traders call a 'retracement'. The bullish retracement of BTC is almost at its fag end. 1. We'll begin from the All-Time-High of about $69000. From there, we see the first 5-wave impulse down and then an ABC correction. That means, we have clear Waves 1 and 2. 2. Again, we see a 5-wave impulse in the form of Wave 3 and then again an ABC correction forming what we thought was Wave 4 (called Wave 4m from now on) . 3. There is a wonderful Rule of Alternation given in Elliot Wave theory. Wave 2 and Wave 4 will differ in at least one of the following ways if not all; PRICE, INTERNAL STRUCTURE, and/or TIME . There are a couple of other things as well but these 3 remain prominent. 4. Now, Wave 2 and Wave 4m took almost the same time and also had the same price value. Of course, the internal structures were different and that would have done it, but we didn't see the next 5-wave impulse down as the final fifth wave after 4 clear waves. 5. In such scenarios, we give the market time to unfold. Time is a very important key to market movement. We stay away until we understand what's really going on. 6. The market went further down and made a new low of around 15500 in 3 waves (marked with yellow ABC) . The move up breaking the high formed by 4m, confirmed that the correction was still going on. Wave 4m was just Wave A of actual Wave 4. 7. The 3 yellow ABC waves, were Wave B of Wave 4. They also happened to retrace exactly 123.6% of Wave A (4m) . This gave us the hint that an irregular flat correction was taking place. 8. What is an Irregular Flat Correction? The image has been attached. Please refer. 9. Wave C, ideally, should not cross 161.8% of Wave A. There can be a scenario of an extra elongation of Wave C but that is very very rare. 10. Coming to the Target Zone now. Wave 5 can be equal to Wave 1 through wave equality. That gives us a target of around 12222. We also have an important support for BTC at that price level. Once Wave 4 is finally complete, a parallel channel drawn through Waves 2, 3, and 4 should give us an approximate target of Wave 5. 11. The invalidation level for this analysis has been shown on the chart. Wave 4 should not enter the price territory of Wave 1. If it does, we'll have to re-analyze. Although, since it's a large C wave, the possibility of a diagonal exists (where Waves 1 and 4 can coincide), it doesn't seem to be in the picture yet. 12. It is expected that the market will break its current high on 25250 once before beginning the impulse down. Do use proper risk management. Happy Trading! Profits, Market's Mechanic.
Short
by UnknownUnicorn27677748
7
Breakout or Breakdown in Ethereum on 30m and 4H TF Hello Traders, I am tracking the ethereum on 30m and 4h time frame. On 30m chart - Bollinger Band Squeezed - ema(20,50,100,200) lies in between the Bollinger Bands - RSI Neutral - MACD Neutral From these levels we can get a good trade on either side. Wait for the breakout or breakdown and enter the trade in that direction, a good small trade can be executed. On 4H chart - Bollinger band expands - Price is at the middle line - sma(20) coincides with the support/resistance level - Intraday move decides the direction for swing trade. Happy trading and keep learning. Thanks Er. Simranjit S Virdi
by ssvirdi