Hello my friends, today I want to talk with you about BTC.
Now BTC trades in triangle in area 40-38k
I think price can grow to resistance line of triangle and continue to fall.
Stop Loss must be above 40k better will be above 40500.
If price will break support line of triangle we can see at least small pullback from Support 1 zone.
But I think that true...
Two fractals of now (2021/22) and then (2015/16), two different time-frames (3D and 2D respectively). It is evident that price-wise the two sequences look the same.
The MA50 (blue trend-line) is the Resistance, when it broke in 2015, the rally of the recovery started. A Higher Highs trend-line on both. However, the RSI in 2015 has been on Higher Highs too but...
In today's BTC analysis I want to shed some light on the downtrend that BTC has been trading in for well over 4 months now. Specifically, I want to compare it to last cycles bear fractal, which occurred after the blow-off top in 2017. The pink fractal is a direct unedited copy of the 1-year bear market after BTC topped late in 2017.
When we compare the current...
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Today I want talk with you about KCS chart.
If we will take a look on big timeframes for example 1d.
We can see that kcs token trades in strong uptrend with some local corrections.
Thats why we...
Bitcoin (BTCUSD) continues trading within a range and is now aiming back up at the $45,500+ resistance level...
This is the best possible scenario for the smaller capitalized Altcoins.
The longer Bitcoin stays within this range, $34,000 to $45,500, the more the Altcoins can grow.
Money that flows now into Bitcoin will flow back to the Altcoins; once more.
after further observing price action over these last few days, something doesn't feel right.
was browsing through a ton of peoples ideas, and everyone seems to have arrows pointing upwards.
people are under the impression that we're in a phase of accumulation, similar to last summer - so i have to make a bearish argument against the...
Based on the chart, the price is close to major support area (36500) and the green trend line ✔️
the price breaks the purple zone and the red trend line (42000 area) we will see more gain at least to 52000 area 🚀
other sign for more gain could be the more buy position by the wallet that contains more than 10 bitcoin exactly like 2018 ✔️🐳
Hello every one
🟡Chart is speaking it self!
-BTC is In a Sideway Trend
-It's Been Ranging Mostly between 36k & 44.5k
-Bollinger Band (BB) Is Pretty Expanded Right Now Which means The Price won't do anything Big For Now
-It has touched The Support Line (36k) Recently So There is a Good Chance that The Price would Reach It's Resistance (44.5k) once...
Bitcoin WHALES hunting for stops? After the false breakout, the price moved back into the value zone.
What could have happened? When the upper trendline was broken, the traders' stop-buy orders triggered. So the whales could collect the liquidity and take their SHORT positions.
The price returned to the value zone with fake break up. We need to watch how...
EGLD has been trading inside this bullish channel for over a year now. Recently, EGLD has seen a lot more bullish price action coming it's way because it was rejecting a huge support area around $130.
Assuming that this is the bottom, EGLD could move all the way back to the top of the channel. Be aware that this is a long-term trade and might take multiple months...
As we can see the price now is in the local range zone and soon this range zone should break also major supports and resistances all mentioned on the chart.
Major support now is 35K$ that if this support break market is bearish again and major resistance now is 44K$ (black trendline resistance) that if this resistance break market is bullish once again and we can...
From our previous analysis before three days we can see
that the support area expected for the price to bounce higher
worked out very well.
The price already did a +10% movement and it will move higher very soon
as this initial price reaction was very good.
Don't give up on this trading pattern.
Thank you and Good Luck!
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I didn’t trade during these weeks. And I didn’t want to do it.
The war changed everything.
I suspended the $1M Trading Challenge as I don’t have options to continue it in the current situation.
I don't know when I come back here, but I hope it will be as soon as the war end. And we will have a chance to start everything from scratch.
Although I am still leaning bearish on larger timeframes, it would be silly to discount the bullish possibility (especially in the short term). Sellers have repeatedly failed to take Bitcoin below the $37-38k zone, and buyer volume here remains relatively strong. This idea still presents a selling opportunity, but a bit higher than current prices. Everyone seems...
What Is KuCoin Token (KCS)?
KCS is the native token of KuCoin, which was launched back in 2017 as a profit-sharing token that allows traders to draw value from the exchange. It was issued as an ERC-20 token running on the Ethereum network and was supported by most Ethereum wallets. The total supply of KCS was set at 200 million, and there is a planned buyback and...