ETH is current on Day-support zone, and also fibs zone for pushing upwards. Expect some sideways movement before a breakout on either side. Will enter on breakout of consolidating, keeping stop loss at a 2 : 1.5 gap to cater for whiplashes. If buy, looking at week resistance zone or the 22xx zone. If sells looking at next minor support below fibs zone.
Following the bounce of daily fibs level, ETHUSDT has consolidated on the 4 hour timeframe. I am planning for a scalp entry upon breakout of consolidation. The 2 price-range indicators are my entry and TP levels. Entry on the 1hour or 30min candle. Good luck!
1. MEMEUSDT respected 0.618 of daily fibs 2. MEMEUSDT formed support on 4 hour. 3. Anticipating level-by-level climb within the 4 hour bulllish channel. 4. 1st TP at minor resistance on the left 5. 2nd and final TP before analysis is invalidated, at structure high. WDYT?
Day Fibs was respected, with the bounce off fibs 0.618. On the 4 hour, candles broke the trendline as well. However, confirmation for strong push up would be breakout above previous high, at 0.03. Im expecting a sideways movement with gradual climb up, before a spike (blue curve line). WDYT?
As per previous analysis, ETHUSDT played out to the Day-Fibs, by bouncing of the 0.618 fib zone and breaking the previous daily resistance high. However, despite breaking previous high, the candle closed with a long wick, indicating a substantial amount of bearish strength in that zone. Base on TA, I expect a couple of sideways and whiplash, while ETH takes a...
Did an update on MEMEUSDT. Support formed on day support-resistance zone. Bull Fibs shows support in Fibs zone. Anticipating for a push to 0.6, before another massive dip (probably in-line with BTC as BTCUSDT is nearing strong week resistance zone)
BTCUSDT has been following the weekly resistance. Anticipating a dip all the way to next support - 29k levels, before a pump to breaking weekly resistance zone.
MEMEUSDT is sitting on the 4 hour fibs zone. The only way is up, unless it breaks below the zone. That said, it's turning bullish in crypto, so.... But #DYOR #NFA Happy trading!
No rocket science. Its a simple set up. Entries either way upon consolidation breakout. Will be setting limit buys and sells on both yellow markers. Feel free to follow! #NFA
Get off the smaller timeframes. Weekly shows a strong resistance zone coming. Purely on TA, I expect a dip before we start the actual buys. The dip also indicate the early stages of liquidity grab by bear market investors, allowing them to double cash in on the opportunity. My thoughts - market making is taking place. Be cautious fellow traders. Scalp in and...
6.9b market cap and only 1b + released. MEMECoin has no roadmap, but backed by a huge community, with founding company being 9GAG, as well as tons of investors, whales and socialites backing it. Next phase of development sees the following: - Product - Event - New NFT collection (following its 3 minted out collection with floor price of 4eth) - Integration (to...
This bull run will be massively epic. Why? Because wayyy more stakeholders know about crypto now. If the previous bullrun made tons of millionairs. This will make billionairs. Now lets look at memeusdt. On the week and day chart, we see nice clean traffic up to their private NFT floor price value. They have 30% of tokenomics allocated to advisory, and 6.9b...
There needs to be a huge catalyst before we can safely chant the bull run is here to stay. BTCUSDT is performing a retest of the 4hour highs, and will move sideways for a while before holders take back some profits. On the next liquidity "milking" event, I expect BTCUSDT to hit the 29-30k levels (or lower). Here, the action begins.
With strong community coming from the legacy days of 9GAG, as well as web3 folks from ARC, BAYC, Moonbirds, Kaiju and etc, I am personally bias on MEME on the long term. There will be pumps, and dips (due to weak hands). But the holders shall prevail. MEME to >$1USDT
Trendline on the monthly timeframe is respected Going down to the day, BTC looks like it's poised to retest the month trendline. However, on the 4 hour, resistance wick is formed below Day support. 2 possible options: a) Price retest the region of the month's trendline and reverse b) Price respects day support resist and heads down to Profit 1 zone: 26020 ...
GBPJPY has been enjoying good gains, but is now at a strong psychological monthly resistance. Whether it goes up or not, GJ looks set for a short position to the previous resistance point on 21st Aug 10am.
On the weekly timeframe, support and consolidation channel is formed - flat highs. Going into the daily and 4 hour, we see price action playing withing the sideways range. The sideways range is "protected bu strong resistance and support at the daily timeframe. For scalpers. Look for strong Buy entries above 30,087 or Sell entries below 28,568. If BTC breaks...
Using the 4hour timeframe, GBPJPY is near a support and a week-support channel. Im expecting price to tap support and bounce up short-term. However, a break below the day-support with resistance would see a strong breakout downwards. Watch out for GBP CPI Y/Y news at 2pm HKT