Drop!
BAT-USDT will drop with the market (15 min view)Hello traders and investors.
I don't normally post such short TF charts, but I see a good opportunity here.
Ascending channel formed on hourly is looking to be losing strength.
This is a very short-term trade set up🆗
Enter at your own risk.
Target point 💲0.88
🛑🛑🛑This is not financial advice🛑🛑🛑 Above are approximate targets based on fibs etc. I always recommend looking at multiple charts when making a big investment!
Always have a stop loss ✋🛑💲 set
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.
🐶
SOLUSD Trend and Wave analysis (Wave Elliot + Divergence) Big drop in prices on cryptocurrencies.
It is in the C wave and initially the price fall with the Elliott wave. In this analysis, it seems that the price will move down. The Stop loss and Take profit are marked on the price chart.
The price trend is down and there is a divergence in the charts. In many cryptocurrencies, the price growth seems to be over.
The wave you see in the future price on the chart is a schematic of a possible price trend and will not be formed just to clarify the possible price movement.
This is a personal analysis and should not be considered a criterion for buying or selling. Please pay attention to the Take profit and Stop loss. Cryptos show emotional and unforeseen price behavior.
I use Elliott and Price Action in my analysis, and my analysis is based on that. The structure of the Elliott wave count is complex and different patterns are formed in the chart, so there is a possibility of a change in the price movement of the price.
ES1!Futs showing me nothing relatively but I do suspect we get a movement in price to the upside of this channel and that'll be the great spot to go short.
Fear is very high now and can suspect a bounce to come soon enough but I have a feeling we have one more move to the downside before we get any more comfortablity or run
WAVES is going to drop hard more!WAVES Mid term Analysis
WAVES has broken a strong trend line which is so bearish for this coin.
We expect to see more drop up to 17$ and 12$ for this coin. Also the best places to buy this coin are these!
What is happening to BTC / imminent DROP ?????? let me tell yaBTC showing good resistance at the 60k Levels.
Will BTC be able to continue the run?
The trading volume, RSI, and other indicators do not look very good.
If Bitcoin drops the 58k level support, an imminent drop to the 52k could be possible.
Cheers.
USDCAD Short Expected to fall -Bank of Canada surprisedHello Traders
Here is a new Short Opportunity
💹USD/CAD - SELL STOP
✅ Entry @1.24400 or below
✅TP-1# 1.24200
✅TP-2# 1.24000
✅TP-3# 1.23900
✅SL# 24.900
The Canadian Dollar is coming off of a big week after the Bank of Canada surprised by announcing an end to their QE program. This happened on Wednesday and brought a strong push of CAD-strength into the mix, as USD/CAD dropped down for a test of the 1.2300 handle.
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Warning Signs for BTC short term drop!Bitcoin is showing some Strong reversal signs for at least short-term drop.
Let's look at all those points that might be pointing towards a pullback or short-term drop for BTC -
1) Shooting Star or Inverted Hammer on Weekly of Bitcoin and on same time Bitcoin went up with decreasing and low volume which is VERY WORRISOME :-
2) Head & Shoulder on Hourly :-
3) Potential Completion of Wave 1 in Bull case for BTC :-
4) Potentially Irregular running flat or maybe Expanded flat possibility for Bitcoin :-
5) 10 Years Yields might be looking bullish for at least short term and might be going upto 2.4/2.5 and touch highs of downward channel :-
6) US Dollar also looking somewhat bullish for short term :-
7) Big Money doesn't have good reasons to buy Bitcoin at high levels.
8) This is Earnings season for market and especially this week has big companies earnings so you never what might happen.
I am creating this post to raise some points that might be valid for bear case for Bitcoin for short term. Feel Free to share your thoughts in the comment section below.
However, I would love to be wrong as i am long as well for long term and would love if Bitcoin continue it's Bullish run as it would be better for all of us.
In the end, stay safe. And Enjoy everyone.
What is happening to BTC / imminent DROP ?????? let me tell yaBTC is not looking any good.
We see a descending triangle + head and shoulders pattern (yellow line).
I am NOT expecting BTC to go further below the 58k level since this has proven to be a strong support level.
If the 58k level gets broken and a daily candle closes under that level - the bullish run would be in DANGER and things will look very bad.
Stay tuned.
What is happening to BAKE - BAKERYSWAP ?????? let me tell yaBake did surprisingly not surpass the previous resistance level at 2.10 USD.
I see this however as a great buy-in change.
Bake is currently struggling at the support level of 1.85 USD.
I see two ways this is going:
1) (green line) BAKE will bounce for a while at the current 1.85 USD level and then continue the run towards the upside.
2) (red line) WORST CASE: Bake will touch the support levels of 1.70 USD again to then continue the route to the moon.
BAKE is a great DeFi and NFT project based on the Binance Smart Chain.
I will definitely wait for a further dump and buy-in!
Cheers.
Downward GOLD RUSH!We've reached a major pull back point on GOLD, after some consolidation earlier today a drop was imminent as we started to loose upward momentum. If you missed the previous drop/rise today or got blown out from the spike, here's your chance to recover/profit. I'm expecting GOLD to make it's way down to the 1750 area in the coming days with minimal pull back. If the candles can break down past the 200 EMA line it should be a nice ride down. Take notice that the upward spike earlier was after a touch on the 200 EMA.
ADA Bearish.Hello everybody, today is Monday and Cardano is not looking great yet.
I am expecting ADA to go even lower than the actual level hitting 1.9ish during the week.
I would not suggest any of you to buy now, I noticed a lot of influences and pages are pushing people to buy the "dip" when the actual dip is not here yet.
This is my personal opinion, do not trade nor invest based on somebody's opinion.
Thank you for viewing this post ! Have a fantastic trading week.