The current range keeps sending signals of a distribution phase. Bounces will be for shorting. This 4H close will print a bullish divergence.
Invalidation point should be daily candle closing above 10300$.
The charts shows two paths for BTC. From here it can follow the either one.
RED one is distribution schematic.
GREEN one is re-accumulation schematic.
Personally I'm leaning towards distribution schematic but if I see some strength around 9100, I'll switch bullish.
Any Price weakness around 10100 will trigger shorts.
BNB needs to clear this immediate resistance of 22.6k sats and from there it'll be a nice ride.
Stoploss should be the S/R flip region i.e. 18.4k region. Try to layer your buys and get best entry.
Targets are in blue line.
Nothing much to say here, everything shown on the chart itself. Breaking out from falling wedge means at least 150% rise against BTC for ADA from the base. Non-leverage traders won't get a better opportunity for ADA.
1188 Sat is where one should light up on ADA bags.
Leverage traders follow @tychelab on telegram for proper stops and short term targets.
Here in this tutorial/analysis we'll look at accumulation which happens before a next Big leg-up. You can find notes on the chart itself, I'll just explain what happens in terms of Thrust and Momentum during these accumulation phases. White line is line of bears and it measures the momentum (Price difference divided by time taken) of the move while its slant-ness...
Short term target will be hit very soon. Going with no stop here.
Pair : ZEN/BTC
Entry : 1300—1340
Stoploss : None
Targets (short tf) : 1799 (30%), 2520 (40%)
Targets (long tf) : 3699 (30%)
Investment : 10-20% or as per personal risk appetite.
follow @tychelab on telegram for frequent support on calls.
Not too much to say here. A non-leveraged trade on ETH/USD pair after looking at these bearish signs. We believe that it's going downtown harder this time.
A short between 170-175$ with stop above 195$.
Targets will be 150-130-110-90$.
The next volume break should be a Bearish one let's see.
In the long run we should remain Bullish for our top crypto investments.
So here's the latest update on Bitcoin from tychelab.com
As mentioned in the previous update, we did reached the 4.8-5k region (even overshoot our targets) with the reasonings given by us properly. Hope you liked that update and got an insight of how market makers mould this market.
Coming back to the current situation, we believe that it's going downtown from...