Hey so been waiting for oil under 70 now for a while. Bitcoin and gold seem to be overpriced for now.
All my indicators are flashing buy. The market seems to be stable but i have been burned alot in bitcoin. So what options are left. Grid trading might be an answer. Within a range of 17500 to 32000. Number of grids the higher the better. Will update this idea in a couple of weeks. Good luck on your trades and cheers.
I like its bullish trend. With recent inflow of positive news. Dipping my toes in this.
Chapter 2: the trend a social experiment If you are a technical analyst, i know you have heard this alot,"if you want to be profitable in the market, learn about trends?". Well a couple of months ago, i stopped trading and began working on a YouTube channel. So how does this relate to you as the trader? Well lets look at 3 metrics. What content you post. What...
When i got into crypto, something just clicked i knew this would be future. So began my journey into the rabbit hole. Crypto profitability was something that i realised is the holy grail. So i began working on articles to where it started with bitcoin. I will be referencing this articles from time to time. SIDE NOTE"So the big news of the time is the ftx scandal...
With the bearish trend in bitcoin continues. Short Matic looks like an interesting trade to consider. Will be updating this in the coming days
Since yesterday, a lot has happened. examining the chart. We entered a range on September 23, 2022, and it was broken yesterday. The pair traded over the support. 3.68 is the risk to reward ratio. Please be advised that this is a recovery trade.
Short bear trend. not confirmed though but a pair to watchout.Stoploss and take profit included in the chart. timeframe for the trade is 1hour.
I wouldn't mind buying ethereum @ 1050. Seems unlikely but with the downtrend, there seems to be alot of bears.
Worst case scenario if we break 23770 which has been a crucial support zone since 10th this month. In the last month: Sp 500 has just had an amazing run from 3850 to 4200 approximately. Gold has been bullish from 1720 to 1780. Can bitcoin rally to 26000 in the short term? Maybe this time is different
Weekly outlook- bullish. 4hour trend; currently we seem to be on a bullish tear which seems to have started at 15th july 2022. I have set a sell stop at 4080 if we break that zone my target is 3959.3
Recap: On the weekly charts, 1745 appears to be a significant support level. The last 112 days have seen a bearish trend, during which time gold has lost -14.25 percent. It appears ready for a bullish rally to 1889. 98 If the current bullish trend with the existing targets is broken, I expect a pullback. The current targets are: target 1 (1747.432), target 2,...
RECAP: on December 21st, 2021. I observed this pair breaking out bullish. But the trend wasn't confirmed for another 73 days. In the following 64 days, the pair saw a gain of 14%. My indicator is currently indicating a top that was made on July 28, 2022. (137.8). Four-hour trend: A temporary relief rally to liquidate shorts may occur. My objectives are; Target...
Macd and cci have crossed to the bullish side. Looks like an interesting trend to follow. Will continously update this idea in the coming days.
Bitcoin isn't showing any clear signs of what trend it is in . The index has proven to be a reliable bitcoin leading indicator. Currently, the index is in a rising channel. This indicates to me that bitcoin is either nearing or has already reached a bottom in the short term. The risk of buying bitcoin at this level is that it could fall to as low as $20k in the...
Hello everyone, well bitcoin has been rather quiet for the past week. The price is fluctuating between 25k and 32k. This has been beneficial since the longer it stays in the market, the less pressure there is to sell. I started allocated into bake last week, and waves will be my next altcoin. Waves is a blockchain platform that may be used for a variety of...
May 25/2022; The court case in which two Russian residents extorted more than 55 million rubles (nearly $1 million) in digital assets and 5 million rubles (almost $90,000) in cash from a man has resulted in a passive acceptance of crypto as a means of payment. The St. Petersburg City Court has approved cryptocurrencies as a form of payment, according to Russian...