TRON most likely will go down!
https://www.tradingview.com/x/2668pF90
The coin I totally lost interest to and I highly believe that it will keep going lower and lower and reach 0 sats at some point.
All the hype it had was because of its CEO and his announcement of announcement of announcement….
And market valuation of currently $1 billion for that is pretty too much, in my opinion.
Short term chart doesn’t look good too.
https://www.tradingview.com/x/2668pF90
The coin I totally lost interest to and I highly believe that it will keep going lower and lower and reach 0 sats at some point.
All the hype it had was because of its CEO and his announcement of announcement of announcement….
And market valuation of currently $1 billion for that is pretty too much, in my opinion.
Short term chart doesn’t look good too.
Crypto Signals
And we have a nice reaction and move up! https://www.tradingview.com/x/2RcJALw3 As you can see, the low volume was very obvious on H4 that gave us a sign of weakness in the selling pressure. Now we expect to see a move above $7400 at least but most likely…
BTC 🚀
https://www.tradingview.com/x/Z2NPLHPX
First target (7400) was missed for just $11.
Finally some strength in the market.
Looking forward reaching $7400 and potentially $7700.
https://www.tradingview.com/x/Z2NPLHPX
First target (7400) was missed for just $11.
Finally some strength in the market.
Looking forward reaching $7400 and potentially $7700.
Bitcoin’s struggle to break $7400 continues.
https://www.tradingview.com/x/8VzUrXMF
As it was an important support area, it is even more important resistance area as we can see.
$7400 as the first target was reached but stopped the price from going further up.
Looking at the current price action, yesterday’s daily candle struggled to engulf the previous daily candle, which is a bad sign for bulls.
Also, today’s daily candle found resistance again in the $7400 price area.
For $7700 to be reached and eventually $8000, we need to see a daily close above $7400; otherwise, we will be back below.
It is still early in the day and I wouldn’t base trade setup based on rejection that happened in the morning.
Let’s see if we can get a close above $7400 to target for $7700; otherwise, we will be looking for a short setup.
https://www.tradingview.com/x/8VzUrXMF
As it was an important support area, it is even more important resistance area as we can see.
$7400 as the first target was reached but stopped the price from going further up.
Looking at the current price action, yesterday’s daily candle struggled to engulf the previous daily candle, which is a bad sign for bulls.
Also, today’s daily candle found resistance again in the $7400 price area.
For $7700 to be reached and eventually $8000, we need to see a daily close above $7400; otherwise, we will be back below.
It is still early in the day and I wouldn’t base trade setup based on rejection that happened in the morning.
Let’s see if we can get a close above $7400 to target for $7700; otherwise, we will be looking for a short setup.
Where’s Bitcoin heading next?
https://www.tradingview.com/x/ZptReyTY
After struggling to break $7400 price level, Bitcoin went through that area yesterday and made great daily close above it.
Not only that Bitcoin made close above $7400 but also 23.6% Fibonacci retracement level targeting next one at 38.2%.
As $7400 target was reached, the next target is at $7700 and if that one gets reached, $8050 is the next target for Bitcoin.
https://www.tradingview.com/x/ZptReyTY
After struggling to break $7400 price level, Bitcoin went through that area yesterday and made great daily close above it.
Not only that Bitcoin made close above $7400 but also 23.6% Fibonacci retracement level targeting next one at 38.2%.
As $7400 target was reached, the next target is at $7700 and if that one gets reached, $8050 is the next target for Bitcoin.
$7700 has been reached successfully, what’s next?
https://www.tradingview.com/x/x0kTm99b
After the price was dropping for more than two weeks without even a little relief rally, we have a couple of green days behind us but don’t let it trick you.
On the higher time frame, we are tapping into resistance$7700-8000 and you should be careful of buying it in this area.
After longing it from $7100, I am not in a position currently and executing small scalps when there is an opportunity.
Looking at previous five days, we can see a decrease in volume which some would call a bearish divergence comparing to the price but don’t forget it was holiday time and also Black Friday so that’s something to take in consideration and I wouldn’t take volume as an instance in this particular case.
The entire situation is still bearish but I won’t take a short trade until I see sellers in the market.
Once we see a bearish engulfing or bearish pin bar, I will consider shorting this towards the previous low.
Even if you enter short at $7300-7400 you still hhave plenty of room for price to go down.
Looking for shorts but no shorting until I see resistance actually working because if we reclaim this resistance, we may have the bottom formed and price may reverse to the upside so you should be cautious of that scenario as well.
https://www.tradingview.com/x/x0kTm99b
After the price was dropping for more than two weeks without even a little relief rally, we have a couple of green days behind us but don’t let it trick you.
On the higher time frame, we are tapping into resistance$7700-8000 and you should be careful of buying it in this area.
After longing it from $7100, I am not in a position currently and executing small scalps when there is an opportunity.
Looking at previous five days, we can see a decrease in volume which some would call a bearish divergence comparing to the price but don’t forget it was holiday time and also Black Friday so that’s something to take in consideration and I wouldn’t take volume as an instance in this particular case.
The entire situation is still bearish but I won’t take a short trade until I see sellers in the market.
Once we see a bearish engulfing or bearish pin bar, I will consider shorting this towards the previous low.
Even if you enter short at $7300-7400 you still hhave plenty of room for price to go down.
Looking for shorts but no shorting until I see resistance actually working because if we reclaim this resistance, we may have the bottom formed and price may reverse to the upside so you should be cautious of that scenario as well.
This is the higher timeframe resistance I am talking about formed by several factors such as $7700 previous low, the body of the spinning top candle that was a reverse point before, 38.2% Fibonacci and many more…
https://www.tradingview.com/x/3LT87Sbs
https://www.tradingview.com/x/3LT87Sbs
Bitcoin can go in either directions.
https://www.tradingview.com/x/NiMZsPLY
Honestly speaking, I really don’t have a strong argument to base my direction on.
Currently, I am not in a position and I don’t have the setup.
I want to see the initial move from this are and then look for trade setup because currently, it is an even battle.
No volume at all, it is very hard to see who is the leading group in the market.
Yeah, Bitcoin is sitting on support, but you don’t want to see price 3 days at the same support literally doing nothing.
The more it sits there, the more bearish I will become.
I would ideally like to see a move up to $7600-7700 that will show weakness and then get nice short position targeting below $7000.
That’s the only setup I have.
https://www.tradingview.com/x/NiMZsPLY
Honestly speaking, I really don’t have a strong argument to base my direction on.
Currently, I am not in a position and I don’t have the setup.
I want to see the initial move from this are and then look for trade setup because currently, it is an even battle.
No volume at all, it is very hard to see who is the leading group in the market.
Yeah, Bitcoin is sitting on support, but you don’t want to see price 3 days at the same support literally doing nothing.
The more it sits there, the more bearish I will become.
I would ideally like to see a move up to $7600-7700 that will show weakness and then get nice short position targeting below $7000.
That’s the only setup I have.
Crypto Signals via @vote
Where is Bitcoin heading next?
anonymous poll
Back below $7000 – 129
👍👍👍👍👍👍👍 51%
Who knows… – 68
👍👍👍👍 27%
Up to $7700 – 58
👍👍👍 23%
👥 255 people voted so far.
anonymous poll
Back below $7000 – 129
👍👍👍👍👍👍👍 51%
Who knows… – 68
👍👍👍👍 27%
Up to $7700 – 58
👍👍👍 23%
👥 255 people voted so far.
Bearish daily close and it went down!
You were right in the vote because the majority voted for downside move 👏
https://www.tradingview.com/x/acnc07F3
You were right in the vote because the majority voted for downside move 👏
https://www.tradingview.com/x/acnc07F3
Bitcoin went 8% up, bulls in control?
https://www.tradingview.com/x/ogkMG04h
While I see people starting to call bullish market again, I find this move a perfect bearish trap that will lead to the new lows in upcoming days (7-14).
I mentioned above in the channel that perfect bearish scenario is a spike to $7600-7700 which just happened.
So unless we see some continuation and H4 or DAily close above $7800, this is extremely bearish and move below $7000 is inevitable in my opinion.
https://www.tradingview.com/x/ogkMG04h
While I see people starting to call bullish market again, I find this move a perfect bearish trap that will lead to the new lows in upcoming days (7-14).
I mentioned above in the channel that perfect bearish scenario is a spike to $7600-7700 which just happened.
So unless we see some continuation and H4 or DAily close above $7800, this is extremely bearish and move below $7000 is inevitable in my opinion.
https://www.tradingview.com/x/OcwYDd45
Nothing to say, it went down as expected but I didn’t expect this to happen on the same day.
This drop is the most bullish thing that could happen for Bitcoin if we go back above $7300 and close daily there.
This is a very tricky situation at the moment.
Yeah, if it closes at the current price, it’s bearish without any doubt but if we go back above $7300 (perfectly $7400) it will invalidate today's move up that was bearish sign and situation will become uncertain because we will have squeezes in both directions without stop loss orders to fuel neither move up nor move down.
This is a little bit more complex and you need to understand market structure a little bit deeper but to sum it up daily close below $7250 and this will stay bearish.
The daily close above $7300 and we will have an even battle between bulls and bears.
Nothing to say, it went down as expected but I didn’t expect this to happen on the same day.
This drop is the most bullish thing that could happen for Bitcoin if we go back above $7300 and close daily there.
This is a very tricky situation at the moment.
Yeah, if it closes at the current price, it’s bearish without any doubt but if we go back above $7300 (perfectly $7400) it will invalidate today's move up that was bearish sign and situation will become uncertain because we will have squeezes in both directions without stop loss orders to fuel neither move up nor move down.
This is a little bit more complex and you need to understand market structure a little bit deeper but to sum it up daily close below $7250 and this will stay bearish.
The daily close above $7300 and we will have an even battle between bulls and bears.
Bitcoin in the safe zone
https://www.tradingview.com/x/o8UpF0QN
Yesterday I nailed Bitcoin price action by calling drop after a move up and then when everyone expected the price to capitulate after falling below $7100, I called a move up that actually happened.
At this moment, I would wait for the right setup because I don’t see some big bullish nor bearish pressure in the market for the next 24-36 hours.
I think the market needs some time to swallow yesterday’s squeezes.
I am looking towards a weekly close and potential direction it will give us.
So far, higher time frames are still bearish but not as bearish as they would be if we didn’t get yesterday’s move down.
Let’s give market some time to show us the direction.
https://www.tradingview.com/x/o8UpF0QN
Yesterday I nailed Bitcoin price action by calling drop after a move up and then when everyone expected the price to capitulate after falling below $7100, I called a move up that actually happened.
At this moment, I would wait for the right setup because I don’t see some big bullish nor bearish pressure in the market for the next 24-36 hours.
I think the market needs some time to swallow yesterday’s squeezes.
I am looking towards a weekly close and potential direction it will give us.
So far, higher time frames are still bearish but not as bearish as they would be if we didn’t get yesterday’s move down.
Let’s give market some time to show us the direction.
https://www.tradingview.com/x/VLEmDTzN
Bitcoin is getting interesting again.
Currently it is still in the range but approaching lower band of that range and I am looking for market reaction.
If it losses that support, we can see price going back down to test previous low ($6500).
With all those spikes to the upside, it’s still more bearish than bullish.
Bitcoin is getting interesting again.
Currently it is still in the range but approaching lower band of that range and I am looking for market reaction.
If it losses that support, we can see price going back down to test previous low ($6500).
With all those spikes to the upside, it’s still more bearish than bullish.
Crypto Signals
Ethereum to $100? https://www.tradingview.com/x/IwGpIDqE As we can see, the long term trend line established at the beginning of this year was broken on all the important time frames (weekly and daily). We saw many tests of that area but every one of them…
Support turned into the resistance…
https://www.tradingview.com/x/hOOjQEAW
Ethereum is in big trouble if you ask me and as long as we are below this red area, the target is $100.
Nothing more to add here.
https://www.tradingview.com/x/hOOjQEAW
Ethereum is in big trouble if you ask me and as long as we are below this red area, the target is $100.
Nothing more to add here.
LTC/BTC pair is showing clear signs of weakness and we can easily see a continuation of this downward momentum.
https://prnt.sc/qb75np
The only bullish scenario for LTC/BTC pair is if it closes back above the lower red area.
Then I will be looking to buy it.
Without that closure, this can go really deep.
https://prnt.sc/qb75np
The only bullish scenario for LTC/BTC pair is if it closes back above the lower red area.
Then I will be looking to buy it.
Without that closure, this can go really deep.
Lightshot
Screenshot
Captured with Lightshot
Bitcoin downtrend finally over?b
https://www.tradingview.com/x/OPiGJBfv
Looking at the current price action, this looks perfect for bulls and I think the bottom has been reached.
The previous low has been take, huge bullish engulfing on daily time frame.
Looking fundamentally, there are a lot of people that were waiting for $5800 to buy Bitcoin.
They are all now buyers at higher prices, which adds fuel to the current move.
https://www.tradingview.com/x/OPiGJBfv
Looking at the current price action, this looks perfect for bulls and I think the bottom has been reached.
The previous low has been take, huge bullish engulfing on daily time frame.
Looking fundamentally, there are a lot of people that were waiting for $5800 to buy Bitcoin.
They are all now buyers at higher prices, which adds fuel to the current move.
Crypto Signals
Ethereum to $100? https://www.tradingview.com/x/IwGpIDqE As we can see, the long term trend line established at the beginning of this year was broken on all the important time frames (weekly and daily). We saw many tests of that area but every one of them…
Do you remember this post?
It seemed too pessimistic but price dropped all the way down to $115.
Get ready to fill up your bags because ETH has huge room for growth and offers great investment/trade opportunity.
It’s finally accumulation time for upcoming bull season 🚀🚀🚀
It seemed too pessimistic but price dropped all the way down to $115.
Get ready to fill up your bags because ETH has huge room for growth and offers great investment/trade opportunity.
It’s finally accumulation time for upcoming bull season 🚀🚀🚀