Get started

Blockchain

ETH - Around Support AGAIN ❗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last ETH analysis (attached on the chart), we were looking for buy setups around the green support. ETH is still stuck inside a big range in the shape of a flat rising broadening wedge, and it is currently retesting the lower red trendline. Moreover, the zone 1830 is a strong support. 🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green support and lower red trendline. As per my trading style: As ETH approaches the red circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📉 In parallel, if the green support zone is broken downward, expect further bearish movement till the 1730 demand zone. Which scenario do you think is more likely to happen? and why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
21
BTC - I am Back 😁Greetings, TradingView Family! This is Richard, also known as theSignalyst. 📌 After 2 weeks off the charts, I am back as a married man. The past 2 weeks were boring, as BTC is still stuck inside a range. Hence, there haven't been many updates from a Daily timeframe perspective. I hope to post a short-term view by tomorrow. 🏹 From a macro standpoint, for the bulls to regain control, a weekly break above 32,000 in green is crucial. 📌 However, as mentioned 2 weeks ago, the bears still retain the potential to initiate one more bearish correction before the bullish momentum resumes. 📉 To trigger a bearish correction, a breakdown below the red support level at 29,500 is necessary. 📌 BTC is now trying to break below 29,500. If this H4 candle closes below 29,500, we can anticipate a movement towards the blue support at 27,500. There, we will actively seek out new trend-following bullish setups. Now, I would love to hear your insights on which scenario seems more likely to unfold and the reasoning behind your perspective. 📚 Always remember to follow your trading plan when it comes to entry, risk management, and trade management. Good luck! Remember, all strategies are good if managed properly! ~Rich
by TheSignalyst
38
BTC - Last Post For The Next 2 Weeks 🙏Greetings, TradingView Family, this is Richard, also known as theSignalyst. 📌 I am thrilled to share some exciting news with all of you. This Sunday (9th July), I will be tying the knot and embarking on a beautiful journey of marriage. As a result, this will be my last post for the next two weeks as I will be away for my honeymoon. Therefore, I aim to make this post incredibly detailed, covering various potential scenarios for the near future. 📌 Let's begin with a long-term perspective: BTC currently finds itself within a strong rejection zone characterized by the following factors: 1. Round number at 30,000 2. Classic weekly support zone, which has now transformed into a resistance 30,000 to 32,000 3. Supply zone 🏹 From a macro standpoint, for the bulls to regain control, a weekly break above 32,000 in green is crucial. 📌 However, the bears still retain the potential to initiate one more bearish correction before the bullish momentum resumes. 📉 To trigger a bearish correction, a breakdown below the red support level at 29,500 is necessary. If this occurs, we can anticipate a movement towards the blue support at 27,500, where we will actively seek out new trend-following bullish setups. 📌 Until either the bulls or bears seize control, we will be trading within a short-term range bounded by 29,500 and 32,000. Now, I would love to hear your insights on which scenario seems more likely to unfold and the reasoning behind your perspective. 📚 Always remember to follow your trading plan when it comes to entry, risk management, and trade management. Good luck! Remember, all strategies are good if managed properly! ~Rich
by TheSignalyst
90
Bitcoin Aiming at $30,000!Bitcoin is currently trading below the point of control. The value area low is the next target at $30,000. I will be looking to enter a long position if we sweep the lows and reclaim the lower purple line which is support. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! Don't trade with what you're not willing to lose. Calculate Your Risk/Reward! This is not financial advice. This is for educational purposes only.
by Navitility
ETH - It Is What It Is 👌Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. ETH has been stuck inside a range in the shape of a flat rising broadening wedge. Moreover, the zone 1830 is a strong support. 🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green support and lower red trendline. As per my trading style: As ETH approaches the red circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📉 On the other hand, if the green support zone is broken downward, expect further bearish movement till the 1730 demand zone. Which scenario do you think is more likely to happen? and why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
25
BTC - Trading The Range 📦Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. BTC has been stuck inside a range between 29,500 and 31,500 and it is currently approaching the 30,000 round number. Moreover, BTC is approaching the lower bound of the orange channel. 🏹 So the highlighted red circle is a strong area to look for buy setups as it is the intersection of the 30,000 round number and lower orange trendline. As per my trading style: As BTC approaches the red circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) If the 30,000 zone is broken downward, we will be expecting further bearish movement till the lower bound of the range around 29,500 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
16
ETH - The Bulls Are Still Strong Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. According to my previous analysis of ETH, the bulls maintained control as we successfully surpassed the previous significant high marked in red. 📈 The next resistance level to overcome would be around 2000, which is crucial for the bulls to assert their dominance. 📉 ETH will continue to exhibit an overall bullish trend unless the bears succeed in breaching the lower orange trendline. Which scenario do you think is more likely to happen? and why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
22
BTC - Are You Ready ? 📊Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 🗒 As per my last educational post, we know that the bulls took over after breaking above the falling flag #4 📌 BTC has been sitting inside a strong rejection zone: 1- Round number => 30,000 2- Classic Weekly Support Zone Turned Resistance 30k - 32k 3- Supply zone 🏹 For the bulls to take over from a Marco perspective, we need a weekly break above 32,000 Meanwhile , the bears can still kick in for one more bearish correction before the bullish take over again. We will be monitoring price action on lower timeframes to confirm it. Which scenario do you think is more likely to happen first? and why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
18
Bitcoin(BTC/USD) Daily Chart Analysis For Week of June 30, 2023Technical Analysis and Outlook: The coin following the completion of the Inner Coin Rally 30500 is gyrating between the newly created Mean Res 30800 and Mean Sup 29900, suggesting its higher price advancement. The upcoming primary target is Outer Coin Rally 31700, along with Key Res of the same price. We may be experiencing a brief pause before the next Outer Coin rally, 34000, based on the current trend. Alternatively, prices could drop significantly to Mean Sup 28700 before rebounding.
BITSTAMP:BTCUSD
by TradeSelecter
ETH - Short-Term Resistance Ahead ⁉️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last analysis (attached on the chart), ETH rejected our 1830 demand zone and traded higher. Now What? 📉 ETH is still bearish medium-term and now sitting around the upper trendline acting as a non-horizontal support. So we will be expecting the bears to take over shortly (to be confirmed on lower timeframes) 📈 For the bulls to remain in control medium-term, we need a break above the last major high in red around 1930 Which scenario do you think is more likely to happen? and why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
27
BTC - Interesting Times ⏱Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. BTC has been stuck inside a range between 30k - 32k resistance for a couple of days. The bulls will remain in control, UNLESS the 29,650 low in red is broken downward from H4. In this case, we will be expecting the bearish correction to start till the blue 28300 support. 📉 On the other hand, for the bulls to take over again short-term, we need a break above the last high in red. In this case, we will be expecting BTC to test the 32k resistance. Which scenario do you think is more likely to happen first? and why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
19
ETH - The Range is getting Narrower 📦Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. ETH has been overall bullish medium-term trading above the blue trendline and it is currently retesting it. Moreover, the zone 1830 is a strong demand. 🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green demand and lower blue trendline. 📈 For the bulls to remain in control medium-term, we need a break above the last major high in red around 1930 📉 On the other hand, if the green demand zone is broken downward, expect further bearish movement till the 1750 support. Which scenario do you think is more likely to happen? and why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
15
BTC - Now We Wait 🕝Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📌 on H4: Left Chart BTC has been stuck inside a range in gray around 31k - 32k resistance for a couple of days. The bulls will remain in control, UNLESS the 29,650 low in red is broken downward from H4. In this case, we will be expecting the bearish correction to start. 📌 on H1: Right Chart 📉 On the other hand, for the bulls to take over again short-term, we need a break above the last high in gray. In this case, we will be expecting BTC to dive inside the 31k - 32k resistance zone again. Which scenario do you think is more likely to happen first? and why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
27
ETH - Long-Term View 👀Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. on DAILY: Left Chart As per my last analysis, ETH rejected the green support zone and traded higher. Now What? 📈 ETH is sitting around a minor resistance zone in gray 1950. For the bulls to remain in control medium-term we need a break above it. Meanwhile, the bears can take over for a correction (to be confirmed on lower timeframes), in this case, we will be looking for new buy setups around the orange minor support. on Weekly: Right Chart 🏹 From a long-term perspective, for the bulls to take over, we need a weekly candle close above the blue resistance zone 2250 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
16