Had a false breakout of a channel and reversed at a support level. Now it's likely to test the highs. The new plan is to sell the high test with stops at around 7900 or slightly higher (will depend on the price action as it reaches there). The target is a return to the blue support level.
Price has rejected the strong psychological support located at 1.30000 level. The inverse head and shoulder pattern might be completed in the coming week on the daily chart, after which the price might likely target the next high located at 1.34100 region. However a move beyond 1.35000 looks unlikely at this moment, as the pair faces stern resistance at that...
WEEKLY (W1) The high of previous week @ 42'592 has nearly been retested again with a high reached yesterday @ 42'362 A weekly closing level above 42'592 would neutralise the downside risk in that time frame and increase the chance for a STRATEGIC TREND REVERSAL ! DAILY (D1) Yesterday's price action between the cluster support(40'200-39'800) with a...
Price breaking above daily zone, bullish mid term on total market. Price currently in short term uptrend, formed inverse h&s continuation pattern. Broke out of flag on 15 min chart w/ a bb break of top band. Stop loss below previous zone and vpvr. Take profit just below 0.618 retracement level. Trade will be managed discretionally, will pull if 4h close in 30...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this ANC/USDT TRADE setup. ANC looks great here. Why you should buy ANC? 1. Breaks out from the falling wedge and currently retesting it. 2. Holding very important support of $2.64 3. Making a triple bottom-like structure. 4. Bullish divergence in RSI It's a...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this ICP/USDT TRADE setup. ICP looks great here. Breaking out from the falling wedge in the daily time frame. It also breaks 21ma. Also, making a big bullish divergence in the daily time frame. Buy some now and add more in dips. Entry range:-...
Hello trade! SRM is forming a reversal pattern and it is moving down. We are entering sell here. Stoploss 2.598(-3.1%) Target 2.32 (+7.9%) Suggested leverage is 7x Secure your trade after its in profit as it is very volatile. Don't forget to hit the like button and follow to stay connected.
Fundamentally $SOUL has a good team and have gain more partners from the gaming and nft industry! The price drop hard this month but in 3hr time frame from my chart 📈 , we can see $SOUL has broken out of the downtrend and has turned past resistance has support! From here we can have a bullish move and take some profit on our way up! #NOTE: This is a small cap...
Hi Traders, As you can see on the 4HR chart of API3. The price has been in a downtrend while the RSI has been in an uptrend. The Daily MACD is also showing signs of a potential reversal soon! Buy now... Safe Trading, -Pulkanator
Crypto Market looks good, decision for a large move should come soon. Indicators look bullish, sentiment could get bullish too, if we get a solution for the ukraine situation. Be rdy for some violent moves in the crypto space soon, for now, I'd say those moves will be bullish. Stay tuned! Good luck on your trading and stay safe!
Silver Micro Futures has broken out from a triangle pattern with good volumes. It has been correcting under the same for nearly 560 Days. Due to geopolitical tensions, commodity prices are expected to rise. This could mark a bull run in Silver. Resistance is marked in Red. So it would have to take out the supply area to continue Rallying. Even Though This could...
Here we see the symmetrical triangle pattern on the USDCHF pair. the breakout occurred last week, then ended with retesting the resistance area of the symmetrical triangle. for early next week the dollar will probably fly higher. however, there is something to note that on the weekly timeframe we can see there is a shooting star candlestick pattern that will allow...
Cardano is the Blockchain to go if you believe in the scientific route. So far over 150 peer reviewed papers came out and many problems were solved before the implementation. Do it right from the start even if it takes some time! Cardano dropped by 75% from its previous ATH around 3$ within the last 6 months. Now it looks like we found another local support close...
Bitcoin is the dominant crypto currency and the whole market is somewhat depending on the health of the Bitcoin price chart. Bitcoin dropped by 50% from its previous ATH around 68k within 3 months. Since then we are consolidating into a wedge pattern with a ceiling around 45k and a rising floor currently around 39k. Bearish stuff: We are below the weekly bull...
i couldnt be more bullish on btcusd i think its going to be a gap up weekend, and i dont imagine theres a better way than just holding GBTC. i love this instrument and i love the worlds largest, most popular cryptocurrency, bitcoin
Just posting a quick update here as GS has gotten beaten down as the broader markets pulled back but has seemingly found some support after reclaiming its 20-Day SMA. GS is lagging the XLF at the moment, however, looks to be setting up nicely for a big breakout. GS respected support nicely with a triple bottom around the $228 mark. GS is holding within a nice...
9 week accumulation with range expansion this week. There's also a larger 13 month accumulation suggesting a move to about 507 by March 2023 if we get a breakout signal which looks like it could be this month.
The electric car company has been making big moves recently and it can be seen in the recent price movement. Looking forward to seeing the progress and keeping a track of this one.