ETH my idea ETH is closing the daily low... WHAT do you think?
I noticed it on the 4h chart but zoomed in for clarity. I lucked out and jumped in big on Wednesday and its paid off, so im a little bias right now, but this is a new token with some decent utility and is setting its price in the market, so if the market responds i dont see why this wont rally big.....So LFG!
BINANCE:ETHBTC Looking for a long position soon. All thoughts and reactions are welcomed
Many people are infatuated with CRYPTOCAP:BTC.D - overly analyzing the trend just complicates things in my opinion. As week look at the weekly chart - hearing CRYPTOCAP:TOTAL3 ATL season is a headwind. Any thoughts ??
#GLMR The price is moving in a descending channel on the 4-hour frame and is expected to continue upwards We have a trend to stabilize above the moving average 100 again We have a descending trend on the RSI indicator that supports the rise by breaking it upwards We have a support area at the lower limit of the channel at a price of 0.2150 Entry price 0.2314 First target 0.2532 Second target 0.2859 Third target 0.3224
This are the scenarios I will be following in the incoming 2-4 of weeks. GU has touched the 1.2500 support level for the second time in the last 30 days. 1.2500 it's an important level for the pair, as if it breaks down the next target level is the 8 months old 1.2300 level which is also the 100% retracement from the previous HL/HH. Scenario 1 Lon g: I will be looking to buy at successful break of 1.2800 and EMA100 + Candle patterns and a catalyst to confirm the move. I will be targeting 1.3000 and 1.3300 Stop loss around 1.2750 Scenario 2 Short: For the short scenario I will wait to see the price coming back and re-test the 1.2500 level before I look for an entry. Take profit 1 will be at 1.2300, Take profit 2 (14 months old low) 1.2000 And Stop Loss just above 1.2500 I will also use the same targets and levels for Day Trading I hope you find this information useful and feedback is welcome. Merry Christmas and Happy New Year https://www.tradingview.com/x/2UFef6P1/
This is just like August 2024. In the sense that a major low has been hit for many Cryptocurrency pairs. Back in August, the major low led to strong bullish action, on some pairs. Now, in December, the major low hit recently signals the start of a new major bullish wave. Just as it happened in August, many pairs grew strongly but others continued to consolidate (sideways). Some pairs even moved lower and went on to produce a lower low rather than going up. That's why we have to be wise when choosing which pair to hold. To spot the pairs that will grow just notice the volume and the chart structure. Try and notice how high they went compared to their 2021 All-Time High. Those that produced only a very small bullish wave recently, these can move strong. Those that produced major growth and new ATHs, these can either go sideways or crash all-together. So the energy is moving to those that are yet to shine, which is normal. The market moves in groups. First one group, then another one and so on. This process will go on for years... Until the entire market is 10-20 levels higher up. Those that already grew strong, trading high/near resistance, from these, stay away. Those that are low and produced little grew, these might be better to buy for this bullish wave. Being low is not the only requirement to choose a pair. You can look for a break above local resistance, trading above certain moving averages, volume and how the pair performed in the past. You can also use your intuition to make the right choice because sometimes a pair is about to move strongly but the chart looks bad. To engage your intuition, just see if you get any reaction when you browse through a list of pairs. If there is some sort of feeling, a mental impression or familiarity with a pair that is doing nothing, it might mean it will do something in the future. This part should only be used once you are really advance at spotting the signals. If you can pick the bottomed out ones successfully, then you can try to improve by adding the intuitive aspect. If not, keep practicing on the basics. On this chart, we have the rounded bottom and recent higher low. The oscillators show a strong, long-term bullish divergence. On the daily timeframe we should see a break above several important EMAs, etc. And again, volume of course for confirmation. By the way, I already did it for you... Here is another one. Thank you for reading. Namaste.
qqq points of filling gaps. qqq bounce off 509. 524 reject next stop 503 gap fill
#MYRO The price is moving in a descending channel on the 4-hour frame and is expected to continue upwards We have a trend to stabilize above the moving average 100 again We have a descending trend on the RSI indicator that supports the rise by breaking it upwards We have a support area at the lower limit of the channel at a price of 0.0582 Entry price 0.0669 First target 0.0779 Second target 0.0897 Third target 01020
"Crowd Psychology, Chart Patterns, and Why Bitcoin Might Be About to Faceplant (or Bounce Back)" The Vibe Check: Bitcoin’s chart isn’t just numbers—it’s a chaotic rollercoaster of collective fear, greed, and panic. Right now? The crowd’s sweating bullets. Key Level Alert: If Bitcoin doesn’t close above $98,000 in the next 24 hours, strap in—it’s likely heading south to $90,000 for an awkward meet-and-greet with support. Shoe Pattern Shenanigans: The chart looks like a sad shoe. And guess what? Shoes go down—not up. Emotions Run the Market: Technical indicators are nice, but crowd psychology runs the show. When everyone's asking, "What the hell is happening?" it’s usually not great news. Critical Scenarios: Best Case: Bitcoin rallies, closes above $ 98K, and we all exhale. Worst Case: Bitcoin starts “dating” $ 90K support. If they get married… oof, we’re in for dark times. Chart Whisperer Wisdom: Forget fancy oscillators—learn to read emotions in the chart. The story’s all there, plain as day. Bottom Line: If Bitcoin doesn’t show us a green candle ASAP, we’re on the express elevator to "Sad Town." Keep your eyes on the chart and your finger on the seatbelt. CRYPTO:BTCUSD https://www.tradingview.com/x/PrBQv6q2/