Cryptocurrencies
ACOINUSDT (ALCHEMY) can give a little profit.COIN NAME: ACOIN
PAIR-USDT
EXCHANGE : KUCOIN
Buy: 0.2282to 0.2355
T1- 0.3310
T2- 0.4056
T3- 0.5286
No SL
Targets depend on BTC movement, Never forget that the Crypto market will change according to the BTC . SL must but not required for the Spot trading if you want to buy in Dips.
Note: I'm not a financial advisor. This analysis is for an Idea and a view. Crypto is the biggest profitable trading business, and without stop loss and emotional control, no one cannot win in this game.
If you like my analysis please encourage me with your likes and comments, Do you need any coin analysis then message me, I will do it for you.
#Crypto #Cryptotrade #Cryptosignals #Cryptotrading #BNXUSDBNXUSD
On daily chart making W pattern with consolidation in last week
Possibility of breakout, good to buy above 45 levels for targets of 50 levels to 53-55 ultimate target
Keep SL of 39-37 levels.
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
Divergence in EthereumI think there is quite difference in the RSI and The Price of ETH. I dont know whether it can be a sign for a bullish momentum, but it surely is something as the strength is increasing or same as shown in the RSI but the Price was falling which means the price is falling but it does not have much strength and maybe its time for some bulls to takeover ETH. Please share your thoughts on my theory.
Is MATIC (in 2021-22) following ETH's path (2017-2018) ?It's fascinating to see how MATIC's weekly chart has remarkable similarities to ETH's 2017-18 run.
If it continues following the same pattern, what comes next should be a 'blow off top' run to the peak of the cycle.
Taking some cues from ETH, it looks like Matic broke out the consolidation range, retested it and is bouncing off nicely.
As long as BTC doesn't nuke and the breakout and retest of prior resistance holds, Matic bulls look like they're back in the driving seat.
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Small Trade in Wazirx cryptoSmall trade opportunity in Wazirx(WRX).
Target 1: 2.020 (USDT)(20 days)
Happy Trading!
MATIC Getting ready for big move?In process of Inverted Head & Should Pattern formation (Right Shoulder pending).
Resistance around 1.7.
Looking good to be accumulated at current levels. Breakout above 1.7, may give a good move beyond.
Watch out for it!!
Don't miss the great buy opportunity in ETPBTC Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00001340). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. ETPBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 83.
Take Profits:
TP1= @ 0.00002240
TP2= @ 0.00003200
TP3= @ 0.00003800
TP4= @ 0.00004450
TP5= @ 0.00005000
TP6= @ 0.00005640
TP7= @ 0.00006470
TP8= @ 0.00008600
SL= Break below S2
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