BTCUSDTPerp on major supportBTCUSDT is currently trading on very crucial support, breaking it might cause more pain to BTC holders since the next support seems to be at around $33000 levels also the support has been tested multiple times and a breakdown can be expected, nevertheless it can also form a double bottom like pattern here and then rally up to the last swing levels which can give us a very sweet 1:3 risk to reward ratio trade.
Tether
Ethereum On The Weekly | Tips To Make Money Trading!I was looking at Ethereum (ETHUSDT) daily and was having a hard time deciding which way to go, what to look for, what is happening now and what is likely to happen next.
I set the timeframe to weekly (W) and multiple signals showed up right away.
Ethereum Chart Analysis by Alan Santana
Looking at this chart, ETHUSDT has been correcting since November.
Prices have been dropping since.
This week ETHUSDT goes below EMA10 for the first time since September where it lasted only a few days.
Before prices would always trade above EMA10 since July.
Going below EMA10 would definitely favor the bears but here is the thing... Closing below it now can signal multiple months or more of bear market, there is so much room for lower.
Now, above EMA10 or $4070 the short-term bullish potential is reignited; Currently, the bears (red) are in control.
Ethereum vs Tether (ETHUSD) Additional Chart Signals
We have a bearish cross on the MACD. Full blown.
We have bearish divergence with the MACD and RSI, very strong as well. This divergence has been present since May.
MACD histogram is going red while the RSI is trending lower.
I sold around mid-Nov...
I am wondering if I sold enough?
Anyways, I am ready for multiple months...
When prices go really low, we call it a "buyers" market and that's when the time comes to load up.
The market moves in cycles, it just goes up and down, up and down, down and up...
To be successful in this game plan long-term.
Never consider a drop in your capital as a loss.
You only lose if you sell below your buy price.
Don't need to consider an increase in your capital as a win.
You only win if you sell above your buy price...
You see how that works?
The markets will always fluctuate...
It will be always going up and down, down and up.
Being successful or not will depend on your trading plan, your strategy and mainly your goals.
If your goal is to generate just a few $ks per month with a good capital, you don't need to trade much.
If you are trying to get rich quick, make money fast, then you are very likely to end up losing it all.
If you can make money fast;
You can make money slow.
If you cannot make money in 10 years or 5 years, you won't be able to make it in 3 days or 3 weeks.
So, try and see how much money you can make in 1 year (maybe 3 months) trading and if you are successful you can try and make money faster but keep in mind that most people will end up losing if they are trading without a plan, in the long-run.
Instead of focusing on quick/fast money, focus on sound, well thoughtout, planned, long-term, long-lasting, stable, beautiful money.
:D
Thanks a lot for your support.
Namaste.
Fun Tether Pair Analysisit broke a major trend line in bull run and going parabolic to ath . reason for this is ,funfair new event that is released recently and sep last it is indrocing deflationary protocol. So burn token means demand will rise. do your own research im holding this untill sep. Target 0.06 maybe more
💡Don't miss the great buy opportunity in ZILUSD @zilliqaTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.1200).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ZILUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 63.
Take Profits:
TP1= @ 0.1555
TP2= @ 0.1830
TP3= @ 0.2070
TP4= @ 0.2275
TP5= @ 0.2560
SL= Break below S2
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Bitcoin flies to the 72/000 channel Baa falls $ 8000As I said before, from tomorrow, Sunday to the weekend , we will have an upward trend to Channel 72
As a result of the money triangle where the left wing of the bat is in the $ 8000 channel and the right wing is stretched to the 72/000 channel, the weight of the left wing will cause fatigue of the right wing and thus fall to the $ 8000 channel. will be
The fall to Channel 8000 will be final until May 25, 2021
💡Don't miss the great buy opportunity in DOGEUSDT @DogecoinTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.045185).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DOGEUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 53.
Take Profits:
TP1= @ 0.0606050
TP2= @ 0.069400
TP3= @ 0.075670
TP4= @ 0.087275
TP5= @ 0.104000
SL= Break below S2
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💡Don't miss the great buy opportunity in BNBUSD @binance". There is a possibility of temporary retracement to suggested support line (222.50).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BNBUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 256.99
TP2= @ 280.70
TP3= @ 309.75
TP4= @ 348.60
TP5= @ 408.35
SL= Break below S2
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💡Don't miss the great buy opportunity in XRPUSDT". There is a possibility of temporary retracement to suggested support line (0.543).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPUSDT 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 57.
Take Profits:
TP1= @ 0.580
TP2= @ 0.609
TP3= @ 0.640
TP4= @ 0.680
TP5= @ 0.710
TP6= @ 0.750
SL= Break below S2
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💡Don't miss the great buy opportunity in EOSUSDTTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (4.90).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EOSUSDT 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 55.
Take Profits:
TP1= @ 5.35
TP2= @ 5.60
TP3= @ 5.95
TP4= @ 6.45
TP5= @ 7.05
SL= Break below S2
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💡Don't miss the great buy opportunity in HB10USDTTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (2.06).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. HB10USDT is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 2.47
TP2= @ 2.77
TP3= @ 3.15
TP4= @ 3.55
TP5= @ 4.00
SL= Break below S2
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💡 Don't miss the great buy opportunity in Ethereum/TetherUSTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (1581.0).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. Ethereum/TetherUS ETHUSDT 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 55.
Take Profits:
TP1= @ 1694.0
TP2= @ 1775.0
TP3= @ 1843.0
TP4= @ 1910.0
TP5= @ 2000.0
SL= Break below S2
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💡Don't miss the great buy opportunity in MKRUSDTTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (1360).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. MKR/TetherUS 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 57.
Take Profits:
TP1= @ 1547
TP2= @ 1630
TP3= @ 1715
TP4= @ 1801
TP5= @ 1976
TP6= @ 2200
TP7= @ 2500
SL= Break below S2
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💡Don't miss the great buy opportunity in ZILUSDTTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.06480).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. Zilliqa/TetherUS is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 55.
Take Profits:
TP1= @ 0.07500
TP2= @ 0.08130
TP3= @ 0.09070
TP4= @ 0.10000
TP5= @ 0.11330
TP6= @ 0.13000
SL= Break below S2
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💡Don't miss the great buy opportunity in BTCUSDTTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (30756.00).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. Bitcoin/Tether is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 52.
Take Profits:
TP1= @ 32451.00
TP2= @ 32965.00
TP3= @ 33822.00
TP4= @ 34884.00
TP5= @ 36303.00
TP6= @ 37880.00
SL= Break below S2
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💡Don't miss the great buy opportunity in ETHUSDTTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (1286.00).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETHUSDT 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 51.
Take Profits:
TP1= @ 1380.60
TP2= @ 1441.00
TP3= @ 1478.00
TP4= @ 1600.00
SL= Break below S2
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💡Don't miss the great buy opportunity in XMRUSDT Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (136.4).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XMRUSDT 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 71.
Take Profits:
TP1= @ 153.5
TP2= @ 161.3
TP3= @ 170.1
TP4= @ 182.4
TP5= @ 202.0
SL= Break below S2
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💡Don't miss the great buy opportunity in DOT/ TetherUSTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (6.1040).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DOTUSDT 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 71.
Take Profits:
TP1= @ 7.7080
TP2= @ 8.5130
TP3= @ 9.6500
TP4= @ 10.3740
TP5= @ 11.5050
SL= Break below S2
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💡 Don't miss the great buy opportunity in Bitcoin/TetherUSTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (26272). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Bitcoin/TetherUS (BTCUSDT) 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 50.
Take Profits:
TP1= @ 27497.0
TP2= @ 28409.0
TP3= @ 29177.0
TP4= @ 29943.0
TP5= @ 31042.0
TP6= @ 32451.0
SL= Break below S2
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💡Don't miss the great buy opportunity in Ethereum/TetherTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (614).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETHUSDT 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 67.
Take Profits:
TP1= @ 634
TP2= @ 653
TP3= @ 676
TP4= @ 700
TP5= @ 735
SL= Break below S2
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💡 Don't miss the great buy opportunity in Bitcoin/TetherUSTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (23781.0). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Bitcoin/TetherUS (BTCUSDT) 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 73.
Take Profits:
TP1= @ 24669.0
TP2= @ 25143.0
TP3= @ 25932.0
TP4= @ 27063.0
TP5= @ 28486.0
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
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💡Don't miss the great buy opportunity in XRPUSDTTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.5656).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPUSDT 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 51.
Take Profits:
TP1= @ 0.6055
TP2= @ 0.6261
TP3= @ 0.6553
TP4= @ 0.6780
TP5= @ 0.7454
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
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💡Don't miss the great buy opportunity in BTCUSDTTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (22640).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSDT is in an uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 55.
Take Profits:
TP1= @ 23500
TP2= @ 23800
TP3= @ 24000
TP4= @ 24500
TP5= @ 25000
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
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