Awinish

Awinish

This is what I currently see in the price BTC/USD. It got a rejection on the 58K level (Red box which acts as resistance). The next major level of support is 53.5K approximately. It also shows confluence with the 0.236 fib level. If I'm going to enter I'm planning to place my orders at around: 53.6K 52.6K 51.5K 50.8K 49.8K 48.6K I would place the different...

Awinish

On the daily we're forming a higher high. We're right now in a rising wedge. It looks like a healthy uptrend. But be cautious since everybody is #bullish on #Bitcoin & #Crypto right now.

Awinish

Solana is forming a bull flag in my opinion on the 4H against USDT. The target of the bull flag is the pole on top of the upper wedge structure. That would take us to the blue line at around $206. I will place a long trade if it breaks to the upside at approximately $172.

Awinish

Ethereum against BTC got a beautiful bounce of the support of the rising wedge. Since we're still inside the wedge I'm still incredibly bullish on Ethereum (even more then on Bitcoin). We just flipped the resistance of 0.071139 into support. The next level that I'm watching is the red line at 0.731. I think we're going to see some action of ETH very soon. Let's...

Awinish

Bitcoin finally broke out of the falling wedge and the triangle but I miss the volume. If I'm going long I'll wait for a retest of the resistance to see if we can flip it into support.

Awinish

Bitcoin is still ranging within the pennant pattern eventhough it got a candle with decent volume. The RSI is sloping up, now only the price. But I expect that there can be more downside. O Eventhough, this can be a good opportunity to buy some crypto on spot. I'd not ape in but rather DCA in. I expect the price soon to go up because the on-chain data looks...

Awinish

BTC is forming a huge bear pennant on the 1h against USDT. When it breaks I'll probably go short. I expect a lot of previous support at the 38K -39K level but if that doesn't hold we're probably will be going to the mid thirties. Would you guys short this if it breaks?

Awinish

ETH against BTC looks like it rebounded very nice of the diagonal support line and is heading for new highs after bleeding the last week. It is forming higher highs and higher lows in the form of a rising wedge. If Bitcoin decides to cooperate I can see ETH going to the 0.082 level. The red lines are the next levels I'm looking out for to act as resistance. If we...

Awinish

Bitcoin is still moving within the falling wedge and as you can, a double bottom (indicated by the yellow lines) and has formed on the 1H. So, the technicals are bullish on the short timeframe, I’ve scooped up some cheap crypto and on the 4h we got a massive rising wedge. But I’ve got more stables to buy in IF we eventually decide to go lower. This is my...

Awinish

Looks like FTT against USDT broke out of an ascending triangle. Target out of the triangle is $68. Let's go🚀! This is my publication #21. Let me know what you think of it and if you have any questions, suggestions, feedback or other inquiries let me know and do not hestitate to send me a message and to leave a comment! I’m also just a trader.

Awinish

Since everybody is screaming mayhem and is bearish I tend to think otherwise and I’ll explain why. We’re seeing a lot of downside action (what I’ve been saying for a while now) thus doesn’t look very surprising to me. Meanwhile the fear & greed indicator is indicating 22 which means fear hit the crypto market while I’ve scooped up some extra crypto. I think that...

Awinish

I’m currently seeing a falling wedge on the 4h. It’s clearly visible that we got a rejection on the 3388 level. I think that if we break out of the wedge we will hit the technical target which will be at around 3500 approximately. It looks like we found support at the 3248 and 3199 level approximately. Keep in mind that we’ve also got a bullish divergence as...

Awinish

Well, I was saying earlier that we would be heading for a correction but I didn’t know that it would be this severe. But I personally think that there could be more downside action. We shouldn’t be afraid for that because it offers the opportunity to accumulate more and cheap crypto. But I'm still bullish in the longterm. The next levels that I’m watching for...

Awinish

As I mentioned in one of my earlier threads, I think we’ve got the confirmation to open up a short position on BTC/USDT. This is because we broke out of the rising wedge (the white line). Besides this, we’ve got 3 consecutive red candles on the 4h which makes it a good short opportunity. My take profit is around the 45K level (the green line). But since we’re in a...

Awinish

To me it looks like that support is being tested. It broke out of the falling wedge (the yellow lines). But now it is looking like it will roll over, the question now is will the major support hold it or break down? In contrary to the most btc bulls, I hope we'll break down so we can accumulate more on the dip. Besides my own personal gain, I think it is healthy...

Awinish

On the 1h chart of BTC/USDT it looks like it has been bounced from the diagonal support level. The reason why I believe it will be going up because it got a steep correction on the 1H and the RSI & MFI have been entered the oversold zone. This has led me to think that the price will rise in the short term. I've put in a long position on 47.9K with 4x lev and s/l...

Awinish

As can be seen in the chart, VET/USDT is forming a symmetrical triangle. If the triangle breaks to the upside VET could see the price move to $0.165 approximately. This is also the 0.615 trendbased Fibonacci level & previous levels of resistance. The VPVR on the rightside of the chart also doesn't show too much selling pressure but starts to increase around the...