DROP
Incoming potential Avalanche (CHFJPY)Since price has been failing to break and make new highs
I forsee an avalanche. The convincing factor is that
there seems to be a clean divergence in the RSI
on the daily time frame.
Looking for a break to downside.
Of course nothing is 100% in forex!
trade safe!!
BTC Heavy Fall Again?Bitcoin has been in the downtrend for almost 10 days and shows signs of wanting to fall further.
If this time it hits its lilac resistance and goes back down, its fall will be more definite and it can easily break the 46700 resistance down.
There is no definite opinion, but my opinion is that bitcoin wants at least a bigger drop, and heavy BUY ORDERS in the range of 40 to 44 can throw it to 50,000 and the hit its ATH soon ...
USDCAD: Can You See It?Price is playing around a key structural area but is failing to push higher!
Could this mean that price wants to push lower to take out the equal lows?
I believe price will play around this area and lure some buyers in before it collapses to the lower regions marked.
Once this has been completed we can look to buy!
Let me know your thoughts in the comments below.
Bitcoin dropThe current trend is upward ... but we see that the higher the price, the lower the volumes ... as well as the divergence of rsi and macd line indicate the weakening of the trend ... as well as the rising wedge pattern, which is a strong reversal pattern The price level of 40,000 or 42,000 seems to be a good support level ... If this level fails, the decline to 29,000 may continue.
"XRP to the moon!" - they say...Within a couple of months, I watch over this chart. And wait a lot this diagonal structure. Now, I hope, that the nearest big drop put dots in places.
It's too much happy news around Ripple. This can't be so clean and simple.
Get ready to buy XRP much lower, than it is now!
ADA may dropHello everyone, as you can see ADA is trying to break through a strong resistance right now. All the altcoins had a big growth today but we may see a pullback in the following days due the hypothetical recover of the BTC Dominance.
I am expecting Cardano to fail the break through and bring us down to the support level ending our current uptrend.
Make sure to take your profit and to do not join the market yet !
For any questions make sure to use the comments area below!
BTC recipe for a drop?
6 Weekends out of 10 are Bearish with crypto , this is one point of view. However when do we continue the trend into the week?
Usually this happens with the following recipe:
- take 1 or 2 spoons of FUD
- 1 spoon of false retrace
- a handful of sell orders near critical support levels
- all of them happening in a bearish pattern on high timeframes
The 30k level might really fail this time, let’s see if there is any institutional brave enough to buy this fragile «dip«.
Now , I have this short setup. I highly advise you check that distance to stop loss twice and calculate your position properly. The RR ratio is not ideal but it is deffinetly doable. Also I would caution you with leverage, using extremely low leverage 1-2x would be smart and would allow you to enter this short safely.
This setup is optional.
RUNE/USDT (1D - Binance) Waiting for good entry point. Hi Traders,
Just quick idea, RUNE sounds like nice project (Fundamentally).
But we can be still far from fair entry price. Depends what will be next move of Bitcoin. (My expectation is 1 more wave down to 25-20K; later 17K possibly).
So Rune could drop to 2 or 1 USD. (My ideal buy zone).
We need more data for much propper EW count. now the waves are overlapping. !! So there are few options to consider.
Let me know whats your opinion with chart ;)
Trade safe, have fun.
DOGECOIN CYPHER CLASSIC SHORTDoge is bearish to 30 cents or slightly lower. i want it to hold, i really do, but i am selling and waiting for better entries.