$BTC Major Short PositionWe can expect a major drop in $BTC from 30k-33k. We can open a short position once $BTC retests 30k-33k range.
Not a financial advice.
Trade at your own risk.
Cryptomarket
Will Stacks continue the rally?The token has seen almost 139% growth since we published our analysis on 7th Feb 2022 ().
The price is above the weekly 50-MA and RSI is above 70 showing upside momentum in the coin.
The coin is showing support @ 0.5399 and resistance @ 1.0474 . Entry can be made with appropriate stop loss.
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solana usdtsolana touching a major trendline of whole bearish market and a good reversal pattern is forming if brokeout can give a good move
GTCUSDT long opportunity bullish flagAfter a period of consolidation, GTCUSDT is showing signs of a potential bullish breakout. The cryptocurrency has formed a strong support level around the $2.20-2.30 mark, and the price has been consolidating within a narrowing range over the past few weeks.After a period of consolidation, GTCUSDT is showing signs of a potential bullish breakout. The cryptocurrency has formed a strong support level around the $2.20-2.30 mark, and the price has been consolidating within a narrowing range over the past few weeks.
However, there are several bullish indicators that suggest a potential upward move in the coming days. The MACD indicator has been trending upwards, and the RSI is currently in oversold territory, indicating a potential reversal. Additionally, the recent dip in price has created a divergence between the price and the OBV indicator, which could signal an accumulation of buying pressure.
Furthermore, the overall market sentiment towards cryptocurrencies has been positive, and Bitcoin and Ethereum are both trading near all-time highs. This could lead to increased demand for altcoins such as GTC , especially considering the recent bullish news surrounding the project.
Therefore, I believe that GTCUSDT presents a good long opportunity with a potential price target of $3.00-3.30. However, as always, it's important to keep an eye on risk management and to adjust your position accordingly based on market conditions.
Disclaimer: This is not financial advice, and I am not a financial advisor. Always do your own research and make your own investment decisions. Trading cryptocurrencies involves risk and may not be suitable for all investors.
However, there are several bullish indicators that suggest a potential upward move in the coming days. The MACD indicator has been trending upwards, and the RSI is currently in oversold territory, indicating a potential reversal. Additionally, the recent dip in price has created a divergence between the price and the OBV indicator, which could signal an accumulation of buying pressure.
Furthermore, the overall market sentiment towards cryptocurrencies has been positive, and Bitcoin and Ethereum are both trading near all-time highs. This could lead to increased demand for altcoins such as GTC , especially considering the recent bullish news surrounding the project.
Therefore, I believe that GTCUSDT presents a good long opportunity with a potential price target of $3.00-3.30. However, as always, it's important to keep an eye on risk management and to adjust your position accordingly based on market conditions.
Disclaimer: This is not financial advice, and I am not a financial advisor. Always do your own research and make your own investment decisions. Trading cryptocurrencies involves risk and may not be suitable for all investors.
$BTC Swing Trade$BTC can go 38k or as high as 42.3K but first a pullback is can happen as 27.3k-31k is a strong resistance area.
Not a financial advice.
Trade at your own risk.
Mana coin-Downside flag breakoutMana coin is making a flag pattern in 4h timeframe.The flag once broke out earlier,now it is retesting from the trendline and can fall downside to the next support.If high volume bear candles form on the chart,then a short trade can be initiated downside.Supports are marked there on the chart.
Oasis Network: Privacy focused smart contract platformROSE is the token of the Oasis Network Platform and is used for transaction fees, staking, and delegation. According to DefiLlama, total value locked ( TVL ) has increased by approx. $2m in 2023 and currently stands at $22.06m.
Technical Analysis
Price of ROSE has increased by 92% in 2023. In the daily timeframe , the token broke its resistance on 21st Jan 2023 and saw an upward momentum of 43%.
0.07244 level is currently acting as a resistance level and 0.06230 as a support level .
Teak Finance Watchlist: We provide a list of tokens based on our indicators on a daily basis.
Check out the list: in.tradingview.com
Note:
Please DYOR before trading/ investing.
Studies are for educational purposes only.
We will not be responsible for any kind of your Profits & Losses.
ETHUSD - Time to go up?If you look at the monthly chart of ETHUSD, you will notice that the price is at discount zone and has hit an important Discount Array (FVG). It has reached the 50% of the FVG and reacted in a positive way.
Now we need to look at lower timeframes (1 Week and 1 Day) to see if price is willing to go higher.
Now this would be the right time to Invest if we see signs of price wanting to go higher.
This is just my personal view on ETHUSD. Please do your own research before taking any decisions.
GLMR | UnforgettableThe price is too low and the trend has been broken. Resistance levels are shown on the chart. Once the resistances are passed, it will work as a support. Red boxes or lines are for daily tf.
The targets shown are for the short term.
Good Luck.
Avoid LTC....??this technical analysis is done based on schiff pitchfork and fib time base trend , fib retracement
what to do?? refer the image of chart for inshort idea about LTC
Bitcoin what's next check the analysis through 3 steps shown in chart (refer the image)
this technical analysis is based on support and resistance, fib retracement and some chart patterns
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What's next in bitcoin after rallying for more than 40% BTC started it's upside from red wave C 1.236 projection level then started impulse movement although wave 1 was a leading diagonal triangle that's why I got the confirmation for wave 3 targets after wave 1st internal 5th crossed by straight move including multiple green candles rather than one or two big green candles. As we can see wave 3 extended to 2nd target 2.618 with 5 sub waves so we can expect a retracement to 21k-22k in wave 4 (between 0.236-0.382 retracement levels) and then we will move in final 5th wave to the upside.
UNIUSDT CRYPTO crypto name : uniusdt
call type : positional
- crypto is sideways from last 300 days and forming a triangle pattern, currently crypto is breaking the channel
- forming lower high and lower high
- we can accumulate this crypto at current levels for target 10 $ , 12 $ and 18 $
Thanks
ATOM/USDT Double Top PatternDouble Pattern is seen in COMOS ATOM/USDT hourly chart.
Entry we can enter short trade after close of strong bearish candle at resistance zone.
Target will be the next support zone.
Stoploss will be above the resistance zone.
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$BTC Daily Update$BTC $16,155 support remains precise, $16,526 resisting like I said, 4H closed with bullish engulfing current 4H following up 2H13M remaining, good chance to gain $16,526. 1d close above $16,500 will put bullish engulfing on daily, $16,155 1D support, $16,383 untested yet👀
$BTC Daily Update$BTC $20,066 support in effect, currently trying to gain $20,338 support. Last 4H close looking good with bullish engulfing, requires follow thru from current 4H candle to gain $20,338 and test $20,684.
$BTC Daily Update$BTC $20,338 support in effect, $20,684 initial resistance here. $19,894-$20,812 range remains in effect as expected. Continue watching given S/R areas.
$BTC Daily Update$BTC $20,812 resisting hard, $20,470 support in effect. Last 1W close looks good, $19,894-$20,812 range should remain in effect for short-term.
$BTC Daily Update$BTC $19,327 support tested yesterday, highly likely will be retested shortly considering last bearish 4H close. Next support $19,003. Weekly close approaching and current 1W not looking any good. Needs to close above $19,894 to avoid bearish close on 1W.
$BTC Daily Update$BTC Started Tuesday with a strong dose of coffee☕️! Broke $19,327 and tested $20,338 which is currently resisting. $19,894 support in effect. Needs to claim $20,338 support. Current 1D trying to follow up on Monday's bullish engulfing close on 1D. Needs to hold $19,894
$BTC Daily update$BTC $18,529 support in effect, $18,261-$19,535 range maintained during the weekend. 1W close as a follow up to bearish engulfing on last close. As of now risk at $18,261 support, continue watching support. Initial resistance at $19,327.
$BTC Daily update$BTC at $20,812 support, if you shorted like signaled yesterday then you in profit😎. $21,299 resisting which is clearly expected, last 4H close looks fine so it should hold $20,812 temporarily. last 1D close put bearish engulfing on the chart which presents risk at $20,812. Watch given S/R areas given on the chart
