Well, when I told "when bulls really want it, they don't care about any gaps and just drag the price upwards.", as that's what we can see now. The price has broken through the important resistance with an impulse and upward direction remains actual. There are two major resistances above - $8800 and $9000, if you hold LONG, you can consider closing one there....
#BCH UPDATE The most logical option for $BCH right now is to go lower for correction. However, the price is currently located right above the strong triple claster support. The whole mentioned zone can be considered as the profitable for entering LONG position. But if you are a trader, not a holder, you should enter the position only after confirmed breakout of...
BTC UPDATE The new week started. New GAP on CME Bitcoin Futures was formed, but almost immediately was covered by the price. We can see a clear downward vector on $BTC chart, I expect to see a test of $7900 support today. The reason is simple, during recent weekends we could see a massive SHORT accumulation in the zone of $8175 and higher. If we ...
#FET Falling wedge breakout confirmed. Much more room for activities. Zoom in! FET just flip 'Ascending triangle' on the smaller TF with perfect interaction in term of volume. Overall is bullish!
After the breakout of the falling wedge , the price formed a horizontal corridor and breakout of one as well. Currently, the price is consolidating above the 0.006 BTC level, which is an upper border of the corridor. It means that we should see at least a small growth from here. Ideally, we should take hold above the 0.006170 level and then ...
# ETH - I think you see everything by your own, the asset is forming the bearish pattern - Head & Shoulders . Want to remind you that entering SHORT on breakout is risky, while entering the same position after the breakdown and re-test of the support is much safer.
As we can see, the price has breakdown through the ascending support of the triangle with the flat resistance , which means that the up-trend was broken and now is forming a horizontal channel . The point from where we can start looking for any reversal pattern is located at the 0.0003060 level, until this level we can consider opening SHORT ,...
32% in Profit. keep going to the next target.
This is not a financial advice, trading occurs risks.
The price continues growing and reached the mentioned resistance of $8160. Today we have already took hold above the B point of the previous ABC correction, therefore we absorb the first half of the downward movement. Now the price have to test the $8050 support and show a positive reaction on this level, by pumping and absorbing the recent red candle. Very...
Not taking into account the fundamental side, we can consider this dump as a correction and nothing more. There are two major supports from where $BTC can return upwards: $7850 and $7650 and breakout the resistance of $7900, which will lead to the growth upwards. More likely, the support of $7850 won't hold so the price will decline to the second support, but...
I am not a financial advisor. The advice here given is not a financial advice even though my excitement might make it look like such. You trade at your own risk and nobody can guarantee you results. Even if someone could, I don't.
The price of the asset has formed a bullish wedge on the 25k support, broken the resistance and now trades above the zone. There are no signs of further dump to the next support, so we expect the price to go higher, at least to 29k resistance. The main target is to break through the 36k resistance and reach 52k.
Interesting chart. The price has pumped as fast and then started correction downwards to 2730 sats. Now we can see a re-test of important level, and according to the price's reaction to this level, we can expect $XRP to go higher. If we see a growth here, from this level, then it will continue, filling all the mentioned targets. The main goal of this movement is...
There is a new GAP on CME Bitcoin Futures chart. To close this one we need to dump till ±$7600.