New all time high in the makingI have been eyeing this crypto for quite some time now, I strongly believe that this will break the upper trendline and go to the major resistance then retest the trendline to shoot up to the upside.
However, there is a possibility of movement down to the major trendline @3424.70 which could follow through to a support zone @2799.45
Crytpocurrency
SHIB/USD critical levels in M30
Price continues to fall after hitting key estimated areas, as indicated on the chart; however, we could be looking at an Elliotwave price structure to the upside in the making.
The current top resistance area is at 0.03195, followed by 0.02972, 0.02775 and now just trading below 0.02661, down by around 4%.
Shiba could continue down to 0.2464 at the bottom of the regression channel if it fails to hold above 0.02661.
The Elliot wave price structure indicated on the chart could come to fruition if the price holds above 0.02464 major support and heads back up.
Doge broken the downtrend, ready to go 1$ soon!!Technical analysis: #Doge(Daily update)
* DOGEUSDT is BREAKOUT the descending tringle pattern, the beginning of an uptrend is expected from here.
*The price is trading ABOVE 21- MA but try to break the 50 MA, LOOK too bullish when its trade above the both MA's as well as downtrend. it could start new really to 1$ or more soon!!
* RSI Broke the Trendline Resistance as well..
Take Profits,
TP1= @ 0.73
TP2= @ 0.45
TP3= @ 1
SL=close BELOW 0.19 on daily bases.
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AGIX - BEWARE OF SOPHIE THE ANDROID Long term hold, AGIX or Singularity.Net
Hidden gem for future pump has had a 87% increase of over 135 days.
Market low to market high (candle) 181% increase across 81 days.
Short to long term hodlers
From current price at time of writing (0.00000775 btc),
By End of Oct 2021 a predicted increase of 7.3%.
By the next small local top mind Nov at 18%.
By the next all time high could be as early as mid oct by 50% (based on current W pattern trend. Or following the trendline this will hit some time in January 2022.
XRPUSD(4Hr) : XRP having a bad dayMarket in the last 24hrs
The price can be seen oscillating between the middle and the lower Bollinger band and can be seen moving in downward momentum. Trading volume has been high but is lower than the average daily traded volume.
Today’s Trend analysis
The price is expected to continue to move in a bearish momentum until the price accepts the lower Bollinger band as a support line after which it is expected to oscillate between the lower and middle Bollinger bands.
Price volatility was extremely low at approximately 3.88%, with the day's range between $0.90 — $0.94.
Price at the time of publishing: $0.91
XRP’s market cap: $42.25 Billion
However, the Indicator summary is giving a 'STRONG SELL' signal on XRPUSD.
Out of 11 Oscillator indicators, 2 are giving a SELL signal, 9 are neutral and 0 are giving a BUY signal.
Out of 15 Moving average indicators, 14 are giving SELL signal, 1 is giving neutral and 0 are giving a BUY signal.
Trading volume has been high in the last 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
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Any feedback and suggestions would help in further improving the analysis!
ETH An example in why retail traders are wrong!Good Morning traders!
Today I have a great example of order protection and liquidity building.
This is something that I have been speaking about for a long time and this current PA shows it well.
The blue boxes show places where large orders have been placed and and initiated moves. See how price returns to retest these areas?! this gives the Banks, Whales and big players a chance to protect orders.
Retail traders place orders outside of these areas "support and resistance areas" These orders can easily be seen, and therefore hunted. The highs and lows create areas for the big players to exit the large volume positions as every buy order needs a seller and vice versa.
I hope this information has been helpful.
As always trade safe.
EnvisionEJ
CROWNY - CRWNY/USDT - Do not miss out CROWNY - CRWNY/USDT - Do not miss out
With the SOL network's success, CROWNY remains the cheapest token for the platform and will be one to watch. Looks like an imminent break of structure coming shortly.
What are your thoughts?
Thanks,
TraderPaps
Going long for IOST for a x2 returnThe chart of IOST looks very interesting. Give it that it's not one of the hot alt coins but investors always have to widen the search scope to looks for potential coins.
There are a few bullish indicators in the chart
The daily chart is forming a cup pattern with a double bottom, reaching the resistance at 0.046. There is a supply zone in there. Keep tract on the daily candles to see if it closes above it.
The golden cross forming
The RSI , however, is at the overbuying zone. This is usually a good thing especially in crypto as it shows interest in buying. But the coin might cool off abit before taking off again.
My target prices are as shown in the chart, hopefully it can reach the price of ATH
MATIC LONGEntry - on or below 1.5- 1.52
sl - 1.25
tp 1 - 1.67
tp 2 - 1.88
tp 3 - 2$
i expect btc to start growing back up now, the fall was only because of high RSI...
MATICUSD - Riding to 2.2 - 2.5MATICUSD - Riding to 2.2 - 2.5
What are your thoughts? As long as BTC doesn't dump on us - we're cleared to 2.5!
Thanks,
TraderPaps
MATICUSDT has broken RESISTANCEMATICUSDT has broken its 4H resistance (WHITE LINE) which could potentially become support
ENTRY- we need to wait after retest to avoid any false breakouts
with bullish patterns to know that buyers are still in
control.
FOR ME i think there will be a slight pullback because Its at the overbought area in RSI and a slight pullback will be healthy for the price to pump back more to the upside
Thats all from me LADS, HAPPY TRADING ;))
FILUSDT PUMP ?? FILUSDT has broken its daily resistance level (RED LINE) which could potentially become its new support
For our entry, we will wait for the retest to avoid any false breakouts or reversals. if we are looking more to the upside
WHICH MORE LIKELY TO HAPPEN DUE TO BTCUSDT GROWTH,
We will wait for retest on the RED LINE AREA with strong bullish conditions to the upside
THATS ALL FROM ME LADS, HAPPY TRADING ;))
BCHUSDT TECHNICAL ANALYSIS Bitcoin Cash is a cryptocurrency that is a fork of Bitcoin. Bitcoin Cash is a spin-off or altcoin that was created in 2017. In November 2018, Bitcoin Cash split further into two cryptocurrencies: Bitcoin Cash and Bitcoin SV.
The candle break out down trend line and reached out on the resistance line. If candle close price around $722 on today and next candle stay above this price, our next target might be $1104. We got some signal from our robo advisor @EngineeringRobo as well. Let’s follow up our chart closely.
“NFA”
Still believing it will hit 57K !!The king is back to 50k. But the question is will the price reverse from the strong resistance at 51k, or breaking 51k
I would like to point out a few indicators that i think it will break 51k. From the last posting, I have been bullish with BTC. However, the price reverse from 51k and down to 47k.
I have reasons to believe that it will break 51 to 57k at the first instance.
The volume is decreasing when the price is going up. It just means that the sellers are less and the circulating coins in the market is getting scares. The pushes the price up. At a 4 hourly frame, there is a double bottom formed with a W bullish pattern. The MACD also revealed a bullish convergence.
One might argue that in the 4 hourly chart, the RSI revealed a bearish divergence with lower high, which price going higher high. However, when you zoom out to a larger time frame, the MACD weekly time frame has crossed. It's still bullish overall. Since, it's bullish overall, just buy the dip or any breaking of pattern.
I am overall bullish with cryptocurrency still
Would really appreciate if you can hit like if you like the idea and shoot any comments.