Bitcoin local correction is coming!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
I’m trying a scalp short with a little extra.
Bitcoin price continues to consolidate near the $34,800-$35,000 range and it looks like we will be in this zone all weekend. I decided to take the position in advance, because... I think that a local correction is already close. The indicator is slowly starting to collect information into shorts on local timeframes.
Transaction plan:
Entrance – $34,800/35,250
Stop – $36,250
Take – I will update.
Friends, the most important thing is to keep an eye on your risk management and money management. In this trade you can take from 10% to 20% of the deposit with a leverage of 3-5X. Be careful!
BNB
Working out the ascending channel for correction!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
An ascending channel has formed on the 4H chart, this is a classic pattern that most often triggers a correction; you can try to enter a short position with a small volume of the deposit of 0.5-2%.
Deal plan:
Entry - 0.011016/0.011232$
Stop - $0.011933
Take - 0.009386$
Guys, please observe the risks, do not go under a large leverage and do not try to invest a large% of the deposit, this coin can be subject to increased volatility at any time!
Carbon| Deal with minimal risks!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
Here the euphoria has been accelerated by 1.5X and perhaps the growth will continue, so you can set the good higher and put a short stop just in case!
Deal plan:
Entry - 0.03434/0.03580$
Stop - $0.03910
Take - level 0.5.
Guys, be sure to monitor your risk management, this is an altcoin that can be too volatile!
Is Bitcoin about to show a false upward move?Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
Guys, I’ll add a little thoughts to the previous idea on BTC.
At the moment, the price of Bitcoin continues to consolidate in the triangle zone, (I continued the pattern) the price broke one triangle, now perhaps it’s time to break another one. Thoughts now are that we will see a continuation of the upward movement to $35,000-35,500. I think that this whole correction is in the range of 800-500 points in order for there to be more sales and a major player is now simply buying up this liquidity zone, so we are seeing such an interesting range, I could of course be wrong and the correction to $30k will start from the current ones, just a thought.. .
LQTY|Local trade on a breakout of the trend line!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
The coin is currently in a local downward movement, there has been a slight reaction from the buyer, perhaps the reaction will lead to a breakout of the countertrend where you can try to take a few%.
Deal plan:
Entrance - 1.1700/1.1685$
Stop - $1.555
Take - $2, fix most of it, stop in used
Guys, special attention to risk management, the coin is volatile and can bring a lot of losses, so act with your head :)
BNB/USDT 1DInterval ChartHello everyone, I invite you to review the BNB chart in pair with USDT, also on a one-day time frame. First of all, we can use the yellow line to mark the downward trend line from which the price went up.
Now let's move on to marking the support places. We will use the Fib Retracement tool to mark supports, and as you can see, first there is a support zone from $224 to $220, but then we can see a decline to the very strong zone from $209 to $202.
Looking the other way, we can similarly mark places where the price should encounter resistance on the way up. And here you can see that the price has been rejected by the resistance zone from $231 to $238, only when we break above it will we move towards the resistance at $248.
When we turn on EMA Cross 50 and 200, we can see that we are still in a strong downtrend, staying below the blue line of EMA Cross 200. The CHOP Index indicates that there is still energy left for a move. On the RSI, we are moving in the upper part of the range, but when we look at the STOCH indicator, the visible rebound creates room for a potential further price increase.
SUI/USDT Technical Analysis Chart Overview in Long TermSUI Chart Analysis Overview
Strong Returns from Lows
SUI currently trades around $0.46, after recently bottoming at $0.3620. This marks a 4.6x increase from its ICO price of $0.10.
The all-time high for SUI was $1.60, representing a 16x ROI from the ICO. This shows SUI's ability to post outsized returns during bullish momentum.
Attractive Entry Zone
Even after the 4x bounce from recent lows, SUI still sits 70% below its all-time high. This suggests the $0.45-$0.40 zone is an attractive area to start scaling into a position.
Initial upside targets based on technicals and prior resistance levels are $0.62, $0.97, and $1.42.
Preparing for the Next Bull Run
If SUI can repeat or exceed its performance from the previous bull market, a rally back to its ATH of $1.60 is reasonable.
I also see potential for SUI to reach the $5 level in the next sustained crypto bull run based on its upside history.
Managing Risk
While the opportunity in SUI appears promising, proper risk management is always essential. Never invest too heavily in one asset. Keep position sizing modest and diversify across a basket of opportunities.
Ethereum Bear Pennant Chart AnalysisExamining the Ethereum Chart at a Critical Juncture
Ethereum currently trades around $1785, up 115% from the recent bear market bottom. However, the chart shows ETHUSDT forming a bear pennant pattern, which is typically a continuation pattern. Let's analyze the key levels and potential scenarios.
Bear Pennant Breakdown Threat
Per the chart, Ethereum is forming a bear pennant just below resistance at $2300. As a continuation pattern, a breakdown below the pennant points to a resumption of the prior downtrend.
If $2300 resistance holds, ETH could see a bearish breakdown targeting the next support zone around $1500.
Critical Support Level
The $1500 level is critical long-term support for Ethereum, representing the final defense before a steeper fall. As long as ETH holds above $1500, the chart suggests upside potential remains.
A decisive break below $1500 would open the door to a more pronounced bearish move targeting sub-$1000 prices. This would create attractive buy opportunities but also highlights downside risks.
Bullish Breakout Potential
Alternatively, if Ethereum can push through the bear pennant resistance at $2300, it may signal the start of a new bull market. In this scenario, the initial measured move points to $3600 as the next likely upside target.
Key Takeaways
Traders should watch $2300 resistance and $1500 support closely to gauge direction. Break above $2300 turns focus to the upside. But failure to hold $1500 could accelerate the downtrend. Proper risk management around these levels is crucial.
GALA| short position with gain!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
Deal plan:
Entry - 0.0180/0.01865$
Stop - $0.01963
Take - $0.0160
FTT| Dark fundamental FTX and technical development!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
The FTT coin is still showing signs of life, you can try to take a short position with a small gain, distribute the takes yourself, I set it to the 0.618 level, I think we will get there soon...
Deal plan:
Entry - 1.260/1.307
Stop - $1.385
Take - 1.126
SNT| Local downward channel, will there be growth here?Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
The SNT coin has formed a downward local channel at 2H, which in the future may work for potential growth; at the moment the price is almost at the upper limit and there is a possibility of a rebound to the 0.5 Fibonacci level.
Deal plan:
Entry - 0.02926/0.02815$
Stop - $0.02650
Take - $0.03323
Guys, the most important thing is to follow risk management, coins are too volatile to inflate risks, be careful!
Bitcoin is trying to get out of the triangle again!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
Yesterday's hike with an exit to $33,400 probably made many people nervous, especially those who missed the growth and stocked up on the highs, and perhaps even made the right decision.
If we look at the chart from the technical side, then at 6H we have the well-known triangle pattern, which was confirmed yesterday from below and is now actively pressing the upper border, which, in fact, can cause growth to the zone of $35,000-35,500.
If you look at the chart from a psychological point of view, then an increase towards $35,500 even looks quite logical: you can again cause a lot of FOMO among market participants and throw off those who are 100% sure that a correction is about to begin.
I still remain in a short position with a fat minus on my shoulders and psychologically I even overcame the pressure that was a week ago. And to brighten the situation a little, I opened a small long on DOGE. Perhaps the dogs will soon get off their leash :)
Guys, don’t pay attention to the arrows, this is just a sketch so that the graph doesn’t look empty. The price may go according to a completely different scenario
BNB/USDT 1H Interval ReviewHello everyone, let's take a look at the BNB to USDT chart taking into account the one hour time frame. As you can see, the price is moving above the local downtrend line.
After unfolding the Fib Retracement grid, we will mark a support zone from $224 to $221, while we still have support at $218.
Looking the other way, you can see that the price has moved back through the resistance zone from $230 to $234, and then we have resistance at $238.
Looking at the CHOP indicator, we can see that there is still some energy left for a move, on the RSI indicator, despite the recovery, there is still room for a decline, and on the STOCH indicator, we have room for the price to go lower.
BNB: BREAKOUT | RETEST | BOUNCEBNB Update:
BNB has broken above the resistance trendline in a daily timeframe. This move is different compared to the previous move as you can see in the chart. This breakout could possibly push BNB toward the bullish side. All it needs to do is hold the price above the resistance trendline.
A breakdown back to the falling wedge pattern will invalidate the bullish move for the time being.
Note: This analysis is on a higher timeframe. Do not scalp based on this chart.
Trade safely.
Regards,
Team Dexter.
BNBUSD down almost 40% since mid-summer, time for a rebound?One of the cryptocurrencies that came to our attention recently is Binance Coin. Currently, it trades near $213, down nearly 40% from its summer highs, which makes a compelling case for a rebound. As a result, we watch a setup with a long position entry above Resistance 1 and a tight stop-loss order below it; Resistance 2 will act as our price target level if the breakout occurs. We will update thoughts on the asset with the emergence of new developments.
Illustration 1.01
Illustration 1.01 shows the setup for BNBUSD.
Technical analysis gauge
Daily time frame = Neutral
Weekly time frame = Neutral
*The gauge does not necessarily indicate where the market will head. Instead, it reflects the constellation of RSI, MACD, Stochastic, DM+-, ADX, and moving averages.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
BNB 4HInterval Review ChartHello everyone, let's take a look at the BNB to USDT chart on a 4-hour time frame. As you can see, the price is moving above the local uptrend line.
After unfolding the Fib Retracement grid, you can see that the price is moving above the support zone from $212.5 to $210.5, then there is support at $208.5, and then a strong support zone from $205.6 to $201.9.
Looking the other way, you can see that the price is trying to attack the strong resistance zone from $214 to $217.4, when it manages to overcome it, we still have resistance at $221.6.
Looking at the CHOP indicator, we can see that the energy is slowly starting to grow, on the RSI we are moving in the upper part of the range, but looking at the STOCH indicator, we can see that the rebound took place to the middle of the range and resulted in another rebound, which slightly limited the space for a new price increase.
BNB: WRESTLING THE RESISTANCE TRENDLINE.BNB Update:
BNB has remained calm and managed to maintain the $200 range quite significantly. With the current price level at $212, BNB is still under the threat of dipping down as it faces the resistance trendline. If somehow BNB manages to break and close above the resistance trendline, things may look different. If not, we have the $200-$203 support waiting for BNB.
What's your view on BNB, let me know in the comments.
Thank you for reading and trade safely.
Regards,
Team Dexter.
BNB/USDT 4HInterval Review ChartHello everyone, I invite you to review the chart of BNB in pair with USDT, on a four-hour interval. First of all, we can use the blue lines to mark the upward trend channel in which the price is currently trying to go above it for the second time.
Now let's move on to marking the support places. We will use the Fib Retracement tool to mark supports, and here we can see a strong support zone from $208.5 to $205.7, but when we fall lower, the next support is at $202.
Looking the other way, we can similarly mark places where the price should encounter resistance on the way up. And here the price was rejected by the resistance zone from $214.6 to $218.5, and then we have a second strong zone from $222 to $228.
The CHOP Index indicates that most of the energy has been used. The RSI indicator shows that we approached the upper limit, which resulted in a price recovery, similarly the STOCH indicator began to reverse after approaching the upper limit and it is clear that there is room for the price to go lower.
Bitcoin - is the buyer's strength running out?Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
Friends, so far you can tell by the arrow that yesterday’s bullish triangle worked 100%, but I did not hedge the SHORT position, since the entry point is close.
Locally, we again saw a run above $30,000, which was very good; perhaps those who were trying to quickly go short and place their stops just above $30K were not happy with the result, shaved off...
At the moment, technical: there are several important zones from which the price can rebound again and again: the support zone of $28,770-28,350 and $27,850.
But for me personally, since I hold a short position, the “trigger” will be to see the consolidation in the current range, then I will think differently guys, but now we can say that I’m just watching the chart with a cup of tea in my hands :)
Bitcoin is drawing a bearish pattern! What will happen next?Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
Friends, another BTC chart only with the “Rising Wedge” pattern, it may not look so sexy, but there are clearly boundaries here and it can work out for a correction.
No, don’t think that now if I’m holding shorts, then I’m providing you with options that suit only me, no, that’s not true at all. Look at yesterday's BTC chart in my forecast, there I threw a chart with bullish signs and by the way they worked out well :)
Guys, the arrows on the chart are just my sketches, don’t take them to heart, because the price could go in a completely different scenario)
SYS - bullish engulfing of past shadow ahead!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
I found an interesting coin with increased volatility, priority on bullish absorption of the shadow, which is highlighted in red, you can try it with current values.
Plan for the deal
Input - 0.082/0.0810
Cancellation of the plan - going below 0 Fibonacci level (0.0777-0.0775)
Take - 0.0865, you can fix half and it is advisable to place a stop in a used one.
Guys, special attention! Don’t try to play with your shoulders, the coins are highly volatile, this can be seen from the chart, be careful)
Bitcoin - Get Ready for Another Movement!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
Friends, just like you, I was not prepared for such a development of events, although before that I wrote that volatility should be expected from all this news related to BTCETF... Well, they will give us fake information and take it so far, I honestly did not expect this see).
But there is also a downside to all this shit, I averaged out my short position and now it has become more comfortable to expect a correction, for now I am without a stop, and yes, with my risk management I can afford to do this at a distance)
Technical: after the takeout, the classic price is now forming a triangle; if you look at the junior TFs, you can say that this is a bullish sign, and in theory, all this consolidation in the range of $28,000-28,500 can lead to another run to $30K. But I am still inclined that the correction is already close and all this news related to BTCETF (locally) is to confuse people that there will be a correction at all. I wrote about this earlier). Please note that the graph is just a sketch
Globally, of course, if ETFs do approve, this news will of course be a strong positive on the market, I don’t argue with the guys, but for now this is just an excuse to attract our attention and drive us into courage) But we’ve already been through this and we know how behave in such situations