We saw this exact move made in the last week of January around the 30000 zone. Double bottom indicating that the bears are exhausted and the bulls are back in. Previous supply zone now turned into a demand zone. If you caught the bearish flag move, congratulations. I will be looking to enter on the long term buy position. targets profits set at 78000. will find a...
Good morning again ladies and gentlemen and welcome back to my daily look into the world of Bitcoin. Today I have the daily time frame pulled up as it is really doing well with my trading set up at the moment (50 MA, 200 MA, Cloud) The bears have made their presence known once again as the candles dropped from roughly 60k to 45k in a matter of days. I know that...
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00002485).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. VETETH 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...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.075). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. ADAUSDT Cardano 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...
In our last trade idea for BTCUSD (Bitcoin), we looked at the bearish scenario that is now playing out.
Our title mentions two targets as follows:
"🅱️ Bitcoin Blood! Even $33,000 Possible, Going To $40750 First!"
The $40750 - $41700 price range is the next strong support and where EMA50 is sitting, we are likely to see a bounce if this level is hit bearish in...
This video is about blind testing the world's best script on TV and see if it still generates the net profit of 4000-15000% of net profit in just 1.5 years . This means 40 to 150 times of initial investment in just 1.5 years. You can ofcourse deduct the fee/commission part of platforms and some more but still, this is too much. What I have done here is...
In the last two days, almost all crypto currencies have dipped hard.
If you haven't entered at 32k which was recommended level in my previous idea, then at current level looks again a sweet buy for 70/74K.
Link below for the previous idea.
Regards
Divergence occurs when the indicator fails to imitate the pattern on the price chart, a sign of trend weakness and likely reversal. In an up-trend, if the price makes a new High (a higher peak than the last) but the indicator fails to do so, that is a bearish divergence.
You can see the supports that can resist the price fall However, 30k is strong support...
Etheruum is on the move of price reversal.
It has already made a high of $1439 and the projected between 1.13 to 1.618 Fibonacci level of XA. Now this pattern is creating a typical Harmonic Shark Pattern. Which is a bullish reversal in deep.
We can expect a PRZ between $640 to $ 607. SO there might be the downfall of around $1200 estimated but this is the most...
There is a high possibility of some Pullback/Retracement.
Looking at the chart - Technically in Bitcoin,
At every $10k, there's an Accumulation Phase ( i.e. anger & depression ), and at some point there's a breakout, which is followed by an uptrend till next $10k. It's close to another $10k at $50170, which should technically act as a Strong Resistance. It has...
