Signs that BTC may be weakening buying and reversing: Bulltrap with flag breakout attempt failing, bearish RSI divergence on the daily chart, 31 days moving sideways which is distorting the bullish trend. The change of character signal will be at $40,245.00, meaning below that the offer is for sale with targets at 1-37,000.00, 2-35,000.00 and 3 targets at 31,000.00
6H chart on Ada Cardano with fractal indicating price variants. Looking for a local bottom and then trying to break $0.6800 can sling lower at $0.5985 or close. Bearish divergence from PMAR indicating at least a brief correction, which in this case could be more than 13%. In any case, if it breaks 0.6800, it will have to enter the market of course.
Link in an ABC to confirm the breakout, target at $20.00. In yellow, the measure of movement of the previous upward leg.
BTC hitting the top of an ascending wedge, the fractal in red shows a correction towards the $32,000 area, thus hitting the main support. Through force and greed it could still rise to 40 thousand but a correction seems more likely before continuing upwards.
XLM slinging to rise strongly. In the inside pitchfork you can get an idea of the rizing angle. On the chart, it is one of the best positioned to rise soon among altcoins.
To trade in perpetual contrac, BTC with a bearish divergence at 4 hours. Losing the neckline is a market sell at $33.800,00 Sell below the range of the anchored vwaps, orange lines. Longer exit target would be $30.985,00 to close the fair value gap . But for the Spot market, it is purchasing the currency at a medium price, in that same range. Not a financial advice.
Buy Setup with limit order at $24,800.00 or a safer buy with Stop limit above $27,000.00. On the daily chart there is a confluence of volume contracting and price falling in a wedge and good RSI. We may have an explosive breakout for this week or at most for the beginning of next week as a deadline to consider. The market still with chances of breaking out to...
[Ethereum equals BTC in a dangerous head and sholder formation. Losing there in the region of $1,680 breaks the neckline. I put the measure move of the high leg of this head and holders, vertical line in red and it's coming to $1,240 and it seems exaggerated but that's it. Now we are looking for the $1.700 region and it won't be good to miss it. After that the...
BTC to buy at $25,800. Note that we have an ABCD that takes us to the top of this weak sales channel. Putting a fractal from wave AB to wave CD and we have the top of the channel at $30,000. This formation looks like a bull flag but it is not, a flag does not take more than 3 or 4 weeks to break so I see selling approaching $30,000. As I will be long at 25,800...
Quite simply, BTC hit an important resistance (main trendline in dark red) daily RSI points to bearish divergence. And a sale now. If it goes up a little more, I'll concider another beartrap. Buys at HKEX:25 ,400 and HKEX:21 ,200 as macro structure remains bullish. NOT A FINANCIAL ADVICE.
S&P500 reaching an important resistance, if it breaks here the market will go for 4330. In the bearish scenario I see greater probability. We have the formation of a complex sell pattern, the resistance from 4145 to 4150 and we have the VUMANCHU oscillator for 4 hours giving bearish divergence. No wonder BTC is also at a top. The moment is decisive for...
Ethereum at a turning point, making a double top which is a reversal pattern. In a range from 881.50 to 2150. The first resistance point at the psychological value of 2000 and the second at 2150. I find it difficult to pass 2000 but if it passes, it will hit 2150 to make a stronger correction. Down we have first target 1680, second 1450, third 1075 and...
FTM giving a sell signal now declining right above the downtrend line. For now making the wick inside the downtrend line. You can still enter at market price. The risk reward sounds too good to be true. I'm in, if it breaks upwards, I'll come out quickly. In my reading it is 60%-40% in favor of the bears. Trade with your face on the screen, at 2 hours you...
It looks like a reversal pattern in BTC. I know the market is very bullish, I don't want to bet against the big money, but if confirmed by tomorrow, this Head and Sholders could plummet to 24.5k-25k. Today the US PMI is out. Pay attention to that. BTC below 27K and confirmation of what I am pointing out. Anyway scenarios are always 3. Not a financial advice
2 fractional sells near the main downtrend line of this symmetrical triangle, in yellow. The safest order is the stop limit where the trigger price on the white line opens the trigger for sales on the red lines. The exit at the bottom of the symmetrical triangle, bullish trend line, is also in yellow. You can have a 1 exit in 1 to 1 or in the volume areas...
MC Donnalds pattern may be repeating, breaking the 26,600 area. That's because the delay in breaking the 30 thousand is already affecting the confidence of the Bulls. It will be healthier for the Bulls in the medium term if that happens. With targets at 50% Fibo from the last leg at 24,534 and 61.8% at 23,443. You can consider the psychological values at...
My entry has already been made but there is still time for this operation in Mask. The risk reward is very good, I'll stick to the break even when the price reaches 6 dollars and I can add the operation and take profits too, always partially. At least that's how I operate this type of swing. Not a financial advice
Ocean in a range of 10% sell at the top and buy at the bottom simple as that 3d wave trend giving a signal of this sale although a buy breaking through the range and above the 144 average would be much better. For that we should wait if that were the case.