BTC Price is controlled by smart money. The current chart pattern is comparable to the previous macro bull/bear cycle and a similar pattern is playing gout again. Expect more consolidation within the current range followed by a liquidity grab. Then look for a BOS to the upside for a long position.
BULLISH - Cardano ADA Has broken through resistance with strong volume Fundamentals: The Cardano smart contracts platform and Defi platforms will be launching in Nov/Dec- expect this positive news and overall crypto sentiment to drive the price back towards September ATH.
Is Cardano Set to break out to the upside from the descending triangle?
Bitcoin/BTC currently trading in a support zone @ 38-40K with prices last seen in early Feb. Correction of ~40% from an all-time high of $64,829 in mid-April. If Bitcoin can hold this key support level, expect it to rebound. If it breaks below with volume then a continuation of the downtrend is likely. Expect high volume on futures expiry date next Friday 28th.
In the last 10 days, Cardano (ADA) has moved from 1380 Sats to a high of 2110 Sats. It has retraced against BTC in the last week making Lower-Highs and Lower-Lows. Looking at 1556 retracement level for the next move
Classic "Head And Shoulders" Pattern forming - Possible bullish-to-bearish trend reversal? 1. After a recent strong bullish trend, the price of ADA hit a high (shoulder 1) and then declined to form a trough. 2. The price rallied again to form a second higher-high (head) at 0.589 before declining again. 3. The price rallied a third time (shoulder 2), but below the...
Cardano [ADA} has moved up +60% in the last 2 days from 0.35 EURO on the 5th Feb to 0.589 on the 7th Feb It has broken through 0.40, 0.50, 0.60 and 0.70 USD before hitting resistance as traders begin taking profits A pullback to fib 38.2% or 50% level expected before continuation of the trend upwards to $1 level.
BTC price has dropped sharply in the past 24hrs and is down over 11% against the EUR. Price has bounced off resistance at €25600 and shows strong support. 1. Options contracts worth around 101,000 Bitcoin expire on January 29. There are more bullish open interest (calls) in the options market than bearish ( puts). 2. World's leading asset manager BlackRock may...
After the 4th touch of the key support level, ADA has moved to a HH and HL confirming bullish signal. BTC is falling against the USD, but ADA is expected to trade high against BTC
1000 Sats was a key resistance level that has become support for ADA. ADA has made large gains vs BTC over the last 2 weeks before pulling back to the 1k sats level. Expect ADA to make further gains against BTC. It is still a long way off the ATH BTC value of 8900 BTC. Target is 1500 BTC in the bull rally.
After the recent bTC pullback there's been a consolidation pattern. Longer term trend is still bullish and we have a potential trade entry and target using the fib lines
Low volume pullbacks and lower lows suggest Bitcoin bullish trend will continue. Expect to break though resistance with the next solid rally before weekend. Watch for volume.
Expecting to retest $10k in the next 1-2 days. Trending upwards since 11 May. 14/15 May - pull back in the last day as profits are taken. 15 May - Lots of liquidations forced price down to $9220 overnight ( 3.20 UTC+1) before recovering. OI climbing since Support seen at the fib levels and expect price to continue upward trend to $10 if there is a breakout of...
Bearish Divergence between MACD and price. Waiting on price action to confirm possible reversal
ADA was trading in an ascending triangle for almost a month up to the 18th April. 500 sats is a key price point for Ada. It broke through resistance level, but on weak volume initially. Following this we saw two nice bull flag trades New target is 650 Sats in the 3rd flag
Ascending triangles is a bullish chart formation. It's a continuation pattern and breakout is usually though the top of the triangle. Long if the price breaks above the top of the pattern - profit target of 560 sats ( 0.00000560) In this case the breakout is not backed by volume ( breakout lacks strength) so waiting to see volume before entering trade
This is a simple trade strategy using Resistance/ Support and RSI If price breaks a resistance level, it will often become support. This is a good example here with BTC/EUR Buy at support with low RSI and sell at target price with high RSi (>80)
Bitcoin price moving up though a classic rising wedge pattern over the last 3/4 weeks. Potential Bear sign suggesting a reversal (~ 60% breakout below) Price currently near the top of the wedge with reducing volumes. Short entry if the price breaks the lower trend line. Downward breakouts have high failure rates