Ada/usdt is making Rising wedge pattern and also giving a breakout on bullish side.
If price sustains after breakout and retest the level we can go long on the trade
Yesterday Bitcoin managed to close above EMA10 and EMA21 with average volume... This is good and supports our previous idea of a bounce next before anything else.
By "bounce" I mean prices moving up from the most recent low but not necessarily for a long-term upward move but it can just to later hit a new low.
Of course, things are always changing and the...
Going a bit deeper, 1H TF, let's see what BTCUSD has to say.
A few hours ago we can see a clear break of EMA10, EMA21 and EMA50 as resistance with good volume.
Even though though we have good volume on the next 4 consecutive red candles, BTCUSD remains above EMA10 and the other emas, signaling that the bulls are doing it but slow.
The red marked space is the...
We have additional data when looking at the 1H timeframe, really short-term.
First, we have the falling wedge chart pattern giving us a bullish signal; this has already broken bullish.
The last two candles puts BTCUSD 1H above EMA10 and EMA21, signaling that the bulls are taking the reins short-term.
We also have a rising RSI with hidden bullish divergence.
We...
We are going to be looking daily at Bitcoin (BTCUSD) either on the 1H, 2H or 4H timeframe, sending out short-term updates... Stay tuned and please bless us with your support.
Looking back at the 4H timeframe, the same TF as yesterday, we have a Doji to close Dec. 29.
The Doji when coming up as it is showing on this chart can work as a reversal signal.
Another...
Patience is key or so we love to say...
Bitcoin (BTCUSD) had a small drop yesterday but this is nothing to worry about.
Here I have the 4h timeframe chart just to show you... Hit LIKE now and let's get started!
We have a long-lower wick on the current candle and also higher lows compared to early and mid-December.
Which side are you on?
Are you bearish on...
This is not an financial advice!
BTC on a weekly timeframe !
🚫Disclaimer:
I'm not an financial analyst! I'm sharing this with public! It just learning purpose only! If u find anything wrong with this post ! U can tell me ⬇️ comments!
Thank you!!!
😊😊😊
: entry & exit is very important
: try to manage money management
: know your stop loss
: find the chart pattern / analysis the chart before you enter
: gainprofit066
I think solana is capable of reaching 208-209 level looking at the 4hr time frame as it is in an ascending channel.
On the daily chart, although it is doing fine having passed the support 194.27, low volume is still a concern. If we see some volume pump, sol can reach the 218-220 level according to fib retractment.
P.S.- I am a very novice trader who has started...
