#THETAUSDT midterm targetsAt this point, we are in a strong resistance zone of EMAs; looking at the trend, the chart was not able to make HHs, and also the higher low isn't really significant and also EMAs are fluctuating near the price, which we can imply that a stronger trend would begin. Also, the chart has formed a flag pattern that the probable breakpoint is near the strong resistance zone of 11.5, so any breakout of this point would result in a good profit printing. Having checked the technical analysis, Now let's dive into fundamentals. In my opinion, the reason that we cannot see any strong trends is that the proportion of its market cap and 24h volume is not satisfactory. So, any volume pump or coin-burning or just any positive pulse would start its upward trend.
Midterm
Are we heading for a quick wash off?Hey guys, this is my first "TA",
In the case we assume that the ETH price would respect the channel that drawn red, we could assume in my opinion that a drop could be on the table - with regards to the previous one.
However to the idea, the ETH / BTC ratio is also included where the RSI and BB are quite overbought, also the BTC state does not look in a way of pumping.
So assuming two main scenarios:
1) BTC goes UP and ETH / BTC needs to correct, where we go slowly down
2) BTC goes down and take the whole market and as always the ALT coins bleeding the most
3) We break out the channel up for a new price discovery mode. Which I do not think is going to happen that time.
I have tried to make a bit of connection to 2017 and there were none of these visible channels, so I am not taking that much into consideration, but we could assume that the % pattern of up/downturn would be very similar and since the market is bigger the volatility tightens a bit up so 40% corrections during the new "2021" bull-market sounds fair enough - when the big money is coming.
So I have written a few words to this chart and in my personal opinion we will go with a scenario 1-2, and I am not honestly sure which one I put more value into.
What do you guys think?
BNB Bullish opportunity, we are in uptrend channel line!As we can see in the chart we have a good bullish oportunity in mid or long term condition. In the chart we are in a uptrend channel and price is oscilating in a bullish triangle pattern. so we can expect price can go up to 1340$ in mid or long term situation.
Link uptrend channelIn this chart we seeing uptrend channel, if the support line do not break down we will have two positions for long order.
first is for scalping that I showed the entry point, stoploss and take profit points in the chart.
second if you have a long term strategy you should wait for the reisistance area breaks up and after that you take your position to the major channel resistance line.
OMG/BTC📢 Binance Spot Market
⚠️ Midterm
📌 Pair: #OMG/BTC
💰Buy: After crossing the yellow bar
🏹 Sell: 2088 — 2270 — 2480 — 2850 — 3060 — 3369 — 3880 — 4090
🚨Stop: If it reaches the red bar, the second step is purchased
✅ Capital (%): 5
Trading idea for IQBUSDIf IQ breaks its current ascending triangle form, it may go up to its previous resistance levels soon. Do not forget to take profit and use stop loss.
$PVDG UptendingPVDG Watch out of the gates at open as it may have a slight pullback from last trading day.
ADAUSDT| Crypto | Great Triangle BreakCardano is a great coin with Bright past .
As you can see, the price has formed a triangle to correct the price increase
During the formation of this triangle, good news was published about it many times, which caused the price to rush to the high level of the triangle.
But due to the high price growth before the formation of this triangle became the best model for price correction and also kept buyers thirsty.
Now I can see a great growth and try to share with you :
- In short term Cardano can see 1.24 $ , 1.34 $
- In mid term Cardano can see 1.51$ , 1.64 $
- In long term Cardano can see 1.84$ , 2.04 $
This is my Analysis on this coin
Please Share with me your idea .
Thanks