XRP - Long-Term View 🕝Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per my last analysis (attached on the chart) we were looking for medium-term buy setups as XRP was sitting around the 0.3 support zone.
The bulls already took over medium-term and now approaching the 0.6 resistance zone.
🏹 Long-Term: Left Chart
For the bulls to over from a long-term perspective, we need a weekly candle close above 0.6 which would be breaking both the last major high and upper brown trendline.
Meanwhile, 0.6 is acting as a resistance zone and the bears can take over for a bearish correction.
Which scenario do you think is more probable and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Hodl
ETH - Still Bullish - UNLESS ❗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
🗒 After breaking above 1700, ETH has been stuck inside a range.
We will remain bullish as long as ETH doesn't break a previous major low that happens to be lining up with 1700
📌 If we break below 1700 expect a bearish correction to start till around 1550 support / demand.
🏹 Meanwhile, we are still bullish and the bulls would take full control again by breaking above the current minor high in red around 1860
In this case, a movement till the 2000 weekly resistance and round number would be expected.
Which scenario do you think is more likely to happen first? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BITCOIN -21/03/2023-• Bitcoin rallied more than 35% last week following the banking turmoil
• Highest since June 2022
• If bullish momentum continues, the BTC will re-test the May-June 2022 range between 28000 and 33000 highlighted
• Above that comes 33000 and 34500
• Clearing above levels would give bulls the upper hand and there will be no notable resistance till 40000
Bitcoin Surge Imminent: The Breakout You Can't Afford To MissBitcoin may have a moment of Deja Vu as it revisits the $30,000 round number. This low was formed in January 2021. It also held as support between May and July 2021 before price went on to create record highs of almost $69,000.
A descent followed over a few months and in May 2022, price returned to the $30,000 round number. This level acted as support for a few weeks, and then in early June, there was a break and close below this level on the weekly timeframe.
An area of consolidation was formed between $15,500 and $30,000, which price
needs to break out from before we get a clear indication of the direction it will head next.
A break below $15,500 would likely be followed by further weakness. A break above
$30,000 could indicate the resumption of the long-term bull trend.
Within the consolidation zone, the weekly 200 simple moving average has acted as resistance.
Price has now broken above it, which is an early indication of further potential strength.
But we need a break above the all-important $30,000 level.
Should we see a breakout in Bitcoin, we must be prepared for the strong impulsive moves
in the market across most crypto coins.
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BTCUSD Potential Forecast | 17th March 2023Fundamental Backdrop
1. US economy continues to get hammered with the most recent SVB crisis.
2. Seeing the instability of the fiat currencies result in influx of investments and assets into cryptocurrency and Bitcoin.
Technical Confluences
1. Price retested the support level at 23844 before pushing up slightly.
2. Price has most recently broken structure on the daily timeframe.
3. Price is forming higher highs and higher lows.
4. Price rejected off the resistance level at 25100 before come back to retest support level at 23844.
Idea
Price can potentially continue to head higher to 30000 regions before the bullish momentum begins to wane.
NOT FINANCIAL ADVICE DISCLAIMER
The trading related ideas posted by OlympusLabs are for educational and informational purposes only and should not be considered as financial advice. Trading in financial markets involves a high degree of risk, and individuals should carefully consider their investment objectives, financial situation, and risk tolerance before making any trading decisions based on our ideas.
We are not a licensed financial advisor or professional, and the information we are providing is based on our personal experience and research. We make no guarantees or promises regarding the accuracy, completeness, or reliability of the information provided, and users should do their own research and analysis before making any trades.
Users should be aware that trading involves significant risk, and there is no guarantee of profit. Any trading strategy may result in losses, and individuals should be prepared to accept those risks.
OlympusLabs and its affiliates are not responsible for any losses or damages that may result from the use of our trading related ideas or the information provided on our platform. Users should seek the advice of a licensed financial advisor or professional if they have any doubts or concerns about their investment strategies.
P2P | BTC - Close But Not Close EnoughHey family, quick post on #btc.
It barely missed my entry but its all good. Plays like this give me more to study and confidence in my trading abilities. The better I get, the better I can make those who follow me so I hope you can pick up a few things from this chart. If you see anything I might've missed, please drop a comment its greatly appreciated. If you getting value from this channel don't be afraid to boost it and get it out there to your trader peeps!
Anyways family thank yall for tapping in, will do my best to keep posting this content for ya.
Trade well, take care of yourselves, and keep moving that stop loss into profit!
EOS Sooner Or Later ⏰ Analysis #28/50Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
EOS has been stuck inside a big range between the 1.0 support and 1.4 resistance.
🏹 If we retest the blue support again, we will be looking for buy setups on lower timeframes
For the bulls to take over long-term , we need a daily candle close above 1.44 resistance.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Buy ETHUSDBITSTAMP:ETHUSD
ETH is bouncing against the long term uptrend so I could encourage everyone to buy ETH on short term weakness. Look at what happened at the last 90% dip: it rebounded and ripped way higher. The reason it's crashing is that the Rothschilds can short it on leverage through the Futures market. It's costing them A LOT of money so keep buying till they bleed to death. HODOR the line!!! #teamHODL
Pierre Gabriel
CEO
PS:send me some tradingview coins if you liked this chart. I need an expensive lawyer to get out of prison.
BTC - Wait For The Bulls! ⏰Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per my last analysis, we know that the correction already started by breaking below the gray H4 low.
As per my trading plan, here are the two possible scenario where I will consider adding more longs to BTC:
📌Scenario 1: Short-Term
In the case of a Deep Bearish Correction, as BTC approaches the lower green demand zone and red trendline, I will be looking for buy setups on lower timeframes (like a broken structure, classic pattern, trendline break...)
This would be a short-term buy targeting the 25,000 resistance zone again.
📌 Scenario 2: Long-term
In this case, for the bulls to remain in control from a long-term perspective, we need a momentum break above 25,300
Which scenario do you think is more likely to happen? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
FXS : INCREASE VIEWFXS showing depending on low time frame increase view.
we will follow this coin to check the trend out.
🌠We will monitor FXS to see if it shows any upward movement on the lower time frames. If the trend looks promising, we will continue to track it beyond the initial 24-hour period
DUSK - Long term 23-25Hi,
I've been accumulating DUSK. Avg entry point at $16.
IF BTC won't touch new lows, then I expect DUSK to perform very good during 2023.
I'm ready to accumulate more if we go down to $0.11 and orange supports. I'm bullish for various reasons.
I will write a full detailed analysis in the future.
CELO : THE GOLDEN BREAKOUT COINThere are some trends on this coin that allow it to show interesting views for the breakout in the coming time.
When we check a breakout coin we depend our views not on the price actions, but on the structure that is building on the coin and the trends that the coin can do depending on the technical side.
The coin can be a follow for days, since it shows this interesting view we will follow it coming time to see if it's able to show the golden breakout of $1.34
we expect that there will be a moment that this coin is able to show a breakout.
BITCOIN UPDATE: WHAT IS THE TRENDThe question of BTC was if it could surpass the crucial 24K level, which marks the difference for a new bull market.
So far, BTC has not yet confirmed the 24K, which means that the trend still looking for key action and it can stay for some time stable before a new breakout.
From a long-term perspective, a BTC value above 18K is seen as positive , and 20K is important for the trade view that BTC should hold it.
As for the current trend, there is a good chance that the volume activity can have a new volume in the range between 21,400 and 21,700. This range is considered a volume zone where BTC can have some gains. IF BTC is not able to hold this zone, then it should, at last, holds the 20200 USD as the most important zone.
BTC for a low time frame BTC is still in a breakdown trend from the important key level of 24K, but it means not that it's broken into a confirmed downtrend as there is a good chance BTC will return to up 23K.
Markets change with time, and it's important to stay updated with last trends in the price action of BTC.
Downward channel holding strongSimple downward channel on the daily. Avax looks to be showing a little strength vs BTC, which compared to a lot of other crypto is a long term bullish sign in my opinion. Will revisit this graph later in the year to see how its running. Crypto is getting rekt right now so i can see a lot of cryptos being sold into BTC for the long term hodl. Not even remotely financial advise, so its not
HODL or Sell your Bitcoin (BTC) ?If you buy bitcoin or other cryptos, you can lose everything in the blink of an eye.
Investing in Bitcoin and other cryptocurrencies is a fast-growing trend. Any investor who buys and holds cryptocurrencies may be called a HODLer. Part of learning when to HODL or to sell is realizing that it’s not always wise to hold all of your bitcoins or other cryptocurrencies. Volatility makes the market likely to have extreme spikes and crashes.
why you should never HODL everything you've invested
The picture below shows that as losses get larger, the return to recover to get break-even increases at a much faster rate. If you got hit by a bear market or massive drop you need to be aware that it will take a while to recover.
A loss of 10 percent requires an 11 percent gain to recover. Increase that loss to 20 percent and it takes a 25 percent gain to get back to break-even. A 50 percent loss requires a 100 percent gain to recover and an 80 percent loss requires 400 percent in gains to get back to where the investment value started.
How to protect yourselves against those loses
Don’t try to be a smartass
Put your emotion in the refrigerator
Have a strategy
If you are not around, always use a Stop Loss
Sell/Buy on the right wave (Learn the Eliot Wave Theory)
Sell/Buy at the right fib levels (Learn the Fibonacci Retracement Theory)
REMARKS:
• This advice is NOT financial advice.
• We do not provide personal investment advice and we are not a qualified licensed investment advisor.
• All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice.
• We will not and cannot be held liable for any actions you take as a result of anything you read here.
• We only provide this information to help you make a better decision.
• While the information provided is believed to be accurate, it may include errors or inaccuracies.
Good Luck and have fun,
The CryptoSignalScanner Team
RIPPLE TO SKYROCKET ABOVE ALL TIME HIGH IN 2023I am still very bullish for most of the cyptos, BITCOIN, SHIBA and Now RIPPLE, I t has been dropping for almost whole the year, The investors were taking their profits, the late buyer have already bleed out...Now it is reacting to a very powerful potential level of imbalance and it is already showing shift of volume kind of structure which means it is more likely to be Bullish next year.. It is time to ride a new bullish move
OCEAN : THE DCA COIN 2022/2023 F-TARGET $1.29We did confirm before about this coin depending on the DCA side.
This coin going from short-term into a DCA trend.
This means that this coin is very interesting for the coming time and the volume increasing.
to know exactly about the changes that this coin can get into new high levels check the below update
DCA coins mean that the coin has a cycle trend. When a coin has a cycle trend means that the coin is able to show unexpected results above the normal market flow.
It our expecting and maintained depending on data.
do always study as this is never trading advice.