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Bullrunincoming

Is GMT loading up for a massive move? - Here's the entry level!Here's a quick Look at GMT 2 hr chart . As we can see, the price has been forming a symmetrical triangle and a break to the upside could be around the corner. We need BTC to get stable before it is safe to trade. The best entry would be, when the price breaks above 3.45$ with good amount of volume . Definitely one to keep an eye on. ------------------------------------------- The idea is: Buy when the price breaks above the 3.45$ and take profits at the levels shown in the chart. Targets: 1. 3.55$ 2. 3.78$ 3. 4$ 4. 4.3$ ------------------------------------------- What are triangles when it comes to trading? Key points: "1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape. 2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure. 3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
20
USDT DOMINANCE WILL DUMP SO FAST???USDT Dominance had break of strucutre to downside on bigger timeframes and came back to its supply zone so it can dump even harder. It also has break of strcuture on lower timeframes beacuse it reacted from supply zone. Now we wait for it to come to green area and long or buy altcoins or bitcoin as musch as you can . You can go or swing trades and make high gains. I dont recommend using higher leverage than 5x in swing trades because you can make insane profit with smaller leverages. I expect most cryptos to double or even triple in price so dont miss out on it . PLEASE DONT BE GREEDY AND WAIT FOR IT TO COME THERE!!! If this would happen btc would come to demand zone on lower timeframes and since it had break of strucutre on 1d it will make new highs(maybe even ATH) THIS IS NOT FINANCIAL ADVICE,JUST MY OPINION!!!
CRYPTOCAP:USDT.DShort
by UnknownUnicorn26826311
Keep an eye on ADA - we could see a breakout soon!Here's a quick look at the ADA Daily chart . As we can see, the price has broken out from its bigger downtrend and a bigger reversal could be upon us. If you didnt catch the immidiate breakout from the falling wedge , then the best entry would be when the price breaks above 1.252$ with good amount of volume . Definitely one to keep an eye on! ------------------------------------------- The idea is: Buy when the price breaks above 1.252$ and take profits at the levels shown in the chart. Targets: 1. 1.47$ 2. 1.7$ 3. 2$ ------------------------------------------- What Is a Wedge in the context of trading?: "A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge-shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts. Key Takeaways for Falling wedges: 1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods. 2. The patterns may be considered rising or falling wedges depending on their direction. 3. These patterns have an unusually good track record for forecasting price reversals." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
BTC almots ready for a big reversal! - Wait for the breakout!Here's a quick look at the BTC Daily chart. Bitcoin har been in a downtrend for a long time now and we could see a reversal soon. BTC is looking to break the current downtrend by breaking above the symmetrical triangle. If the price manages to break above the triangle and the resistance zone (above 45k) then we could be heading back to the 60k zone after a long wait! ------------------------------------------- What are triangles when it comes to trading? Key points: "1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape. 2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure. 3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
1
BITCOIN ALL YOU NEED TO DO IS ZOOM OUTAfternoon frens, Bitcoin has been side stepping since 10th Jan, so pretty much the whole of 2022 so far. Although this can be frustrating, in times of consolidation it's best to just sit on our hands and wait for the market to give us a direction. As you can see we have been bouncing around the fib levels and weekly resistance. There are quite big wicks either side, indicating both bulls and bears are getting slaughtered in the market. Whenever indecision is present, I sit on my hands and wait. Trying to enter the market now is a guessing game and will mostly end up on the wrong side. We did achieve a weekly close above 40K last week aka the .618 fib level. This does indicate bullishness in the market, however with all the indecision, I'm still not happy to trade here. Instead to confirm my bullish bias I would be much happier waiting for; A close above EMA's A close above 43.5K I will be watching PA only lower TF for bullish market structure A weekly close above 45.8K to fully confirm If this happens my target will be the fib extensions @ 87K & 117K respectively Despite the consolidation we see at the moment, I am overall bullish on Bitcoin. There seems to be a lot of uncertainty in the market right now, when that is over BTC will have its day. The DXY is also at an interesting turning point, it either carries on strengthening or it collapses. My guess would be a collapse is round the corner as this will coincide with fundamentals at the moment. I can't see the Dollar becoming any stronger than it already is. Once the DXY collapses that is when BTC and ALTs go on their run. I'm looking forward to it. Alternatively for the bearish perspective I will be waiting for a close below 33K next target would be 28.6K followed by 22.6K worst case which is the fib extension to complete the impulsive move down. Have a great day, appreciate you taking the time to check out my TA. Please comments are open, lets discuss :) Cheers, Chartster
BITSTAMP:BTCUSD
by PrinceParisOfTroy
SANDUSD | A final correction before the pump Hi everyone, I would like to show you how SAND could evolve to my own opinion based on waves analysis. First, as we can see we probably have reached our bottom on SAND around $2.55. If you have reloaded your positions during this last correction you have made a very good decision ! However, if you haven't done so, don't worry, you will have the opportunity to place again in our wave 2 correction. Then, we are currently on the formation of our minor wave 5 which will complete wave 1 in order to start our correction phase on our wave 2. This one should approximately reach the 0.618 Fibonacci retracement before starting the big rebound. Next, if this scenario is validated we can turn to our $10 goal during our wave 3 but we must be patient. Finally, a quick update on the fundamentals of The Sandbox project. The adoption of the metaverse proposed by Sébastien Borget's team is progressing steadily. Indeed, several large companies are already starting to invest in plots like Ubisoft, Carrefour or Gucci and many others. The future of The Sandbox promises to be much brighter than we had hoped. So we remain focused and above all we remain cautious. Let's give SAND time to validate this analysis. If you agree with this scenario let me know with a like. Otherwise let me know your point of view with a comment, thank you ! (This is my own hypothesis and in no way suggests a buy or sell advice.)
BINANCE:SANDUSDLong
by MelvinGst
4
SHIBAUSD | Have we found our bottomHi everyone, First of all unfortunately my first scenario was not validated, it happens and I hope that like me, you will adapt. Then, as this new scenario goes up we are surely on our bottom of the wave 2 so much awaited. Indeed, we have corrected to more than 0.786 of the Fibonacci retracement, this happens and can make us assume that our bottom is finally present. However, let's be careful since it is not unlikely that we will correct beyond that to go for the 100% retracement. To conclude, we note that bullish recovery signals are still missing to clearly define the trend. However, I believe we have already corrected a lot, which gives us the opportunity, if we do the dollar cost average, to smooth out our entry prices. We remain focused and above all we remain cautious. Let's give SHIBA time to validate this analysis. If you agree with this scenario let me know with a like. Otherwise let me know your point of view with a comment, thank you ! (This is my own hypothesis and in no way suggests a buy or sell advice.)
FTX:SHIBUSDLong
by MelvinGst
Here comes the Boom!!!Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Like we said earlier the bottom has been set last week Monday, now we going to challenge the 40k area real soon. Only concern is Joe Biden executive order that is coming up. If it is bad we can go back up to the glory days or if they try to kill the vibes then we can drop even more. Overall, i think the involvement of the American government is good for crypto but in the short term we are going to get a lot of volatility. Currently we trying to break above 40k and we are retracing into support. If support holds we going above 40k. We going to take this day by day since this new.
COINBASE:BTCUSDLong
by theStockprenuer
MTV LONG SETUP IDEA #MultiVAC $MTVHi everyone i know i haven't shared any analysis in a minute and I apologize its because i've been busy, I plan on slowly getting back though so please Please give me a Follow if you would like to see more of these clear setups! Here's a setup of MTV, we are clearly in an ascending channel, with everything going on in the markets(New tech, NFT Platform, Better marketing) are creating a beautiful setup, we still have little room for an upward movement to $0.012-$0.013 zone and i expect a drop back to the bottom of the channel $0.006 before continuing upward with the channel and BULL CYCLE. Patients is the key, but don't time the markets. Plant your seeds right. Check out my previous analysis on Other Crypto’s if you’re interested in market analysis. Merry Christmas and Happy New Year 🎉
Long
by royalkcg
8
Long VETUSD | Update on Vetchain on the raod to $0.35First and foremost this is my own hypothesis and in no way suggests a buy or sell advice. We ended our Phase 2 correction at $0.07 after a Zig-zag in ABC decomposition (Purple). We then started our phase 3 with the two sub-waves 1 formed in recent days. We are now entering phase 3 of the sub-waves which will form the bullish impulse of our bullrun. A first objective towards 0.187 offering us a beautiful opportunity of 122% attention in counterpart not to go down below 0.066. Let's give IOTEX time to validate this analysis. If you agree with this scenario let me know with a like. Otherwise let me know your point of view with a comment!
BINANCE:VETUSDLong
by MelvinGst
Long IOTEX - On the road to $0.24 and more First and foremost this is my own hypothesis and in no way suggests a buy or sell advice. We ended our Phase 2 correction at $0.1 after a Zig-zag in ABC decomposition (Purple). We then started our phase 3 with the two sub-waves 1 and 2 formed in the last few days. We then enter according to this scenario in phase 3 of the sub-waves that will form the major impulse. Let's give IOTEX time to validate this analysis. If you agree with this scenario let me know with a like. Otherwise let me know your point of view with a comment!
BINANCE:IOTXUSDLong
by MelvinGst
3
Daily Crypto Market Update - Are the Bulls returning? Jasmy AltsIn this video: * I start with the stock market indexes, assessing the markets reaction to the FOMC press conference yesterday * Stock markets look to have received the Fed's statements well. * VIX (fear index) dropped as expected. Indexes popped. * All of this positive reaction still must be confirmed on the daily * If the sentiment continues, it will eventually spill over into the crypto space and we will turn bullish again * We are seeing lots of positive signs in the altcoin space * I believe we are at/near our bottom and I like the entry benefits on many coins at these levels
by stewdamus
Quick look at BTC Fib-levelsHere's a quick Look at BTC fib-levels and the overall daily chart . As we can see, the price has been forming falling wedge and the price is still oscillating within it! A falling wedge Is a bullish pattern , but a break below it could cause a bigger drop in price. Also the fib levels are very important to look at. As we can see, the price is currently below the 0.382 fib level and if we get a daily close below it, we could get down to test the 0.5 fib-level (49.3k). The best entry would be, when the price gets within the entry zone. ------------------------------------------- Fibonacci Retracement Levels: "Fibonacci retracement levels are horizontal lines that indicate where support and resistance are likely to occur. They stem from Fibonacci’s sequence, a mathematical formula that originated in the 13th century. Each level is associated with a percentage. The percentage is how much of a prior move the price has retraced. The Fibonacci retracement levels are 23.6%, 38.2%, 61.8%, and 78.6%." Key Takeaways for Fib-levels: - Fibonacci retracement levels connect any two points that the trader views as relevant, typically a high point and a low point. - The percentage levels provided are areas where the price could stall or reverse. - The most commonly used ratios include 23.6%, 38.2%, 50%, 61.8%, and 78.6%. - These levels should not be relied on exclusively, so it is dangerous to assume the price will reverse after hitting a specific Fibonacci level ------------------------------------------- What Is a Wedge in the context of trading?: "A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts. Key Takeaways for Falling wedges: 1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods. 2. The patterns may be considered rising or falling wedges depending on their direction. 3. These patterns have an unusually good track record for forecasting price reversals." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
by MBM_Crypto
8
DXY CAPITULATION PENDING A WEEKLY CLOSEAfternoon people, Thanks for taking the time to check out my Technical analysis, much appreciated. Constructive comments are always encouraged. DXY has enjoyed a lot of strength in recent weeks, strangely baffling seeing as since 2020 the supply of USD has increased by 30%+. There is now more Dollars in existence than have ever been, yet according to recent strength it would seem people still trust the Dollar. It seems like a recipe for disaster if you ask me. The dollar is weak, it has been since Nixon unpegged it from the Gold Standard, thus sealing its fate as a fiat currency. History shows us how it ends for "world reserve currencies", the cycle is around every 100 years. Guess how long the Dollar has been in power for ;) Price attempted to breakout to the upside last week, completing the impulsive move from 94.56 to 96. However the .5 fib held and sellers stepped in causing a considerably big wick. Indicating buyers are struggling to break through the fibonacci levels that are acting as resistance. we closed with a huge wick on the weekly. I'm now waiting for a weekly close below the aforementioned levels to indicate a continuation to the downside. This adds further confluence to my idea posted earlier in regards to Bitcoin. It would seem Bitcoin has found its bottom and we should now be expecting Bitcoin to start moving towards my 233K targets. Once DXY starts collapsing, the downside targets at the D ext. are 86 & 82 respectively. It is my belief that we will be seeing the Dollar collapse as Bitcoin goes on its parabolic blow off top phase of the market cycle (something we haven't seen yet). Regardless of how far Bitcoin goes, it needs a DXY collapse to do so. Similar to 2017. So far Bitcoin is inversely correlated with DXY. Observed today we can see weakness in the DXY has led to Bitcoins price rising and therefore the rest of the crypto market across the board. This is just the beginning. Don't be disillusioned, when Bitcoin does pullback, which it will. This will be a great buying opportunity. Be patient & ENJOY the show. Remember to take profits as you go and scale out. We don't need to pick tops. No one ever went broke taking profits. Happy trading, Big Love
TVC:DXY
by PrinceParisOfTroy
1
BCH Breakout ✅ Done, it has potential to give us 10x profits!!Technical analysis: #BitcoinCash (Daily update) . Symmetrical Triangle Upside Breakout ✅ . BChUSDT is breakout confirmation done as well as trading above the both MA's (21 & 50- Day MA), and the beginning of parabolic uptrend is expected. . The RSI is also TRYING to breakout its downtrend, if it could happen which give momentum bch from here. Take Profits: TP1= @ $1000 TP2= @ $1621 TP3= @ $2650 TP4= @ $3166 and then it could really more then $4000 SL= below 500 usdt on daily closed bases 🥰If you find this helpful and want more FREE forecasts in Tradingview😍. Please show your support back🙏, Hit the 👍 LIKE button, Drop some feedback below in the comment✍️! ❤️🤝 Your Support is very much 🙏 appreciated!❤️🤝 💎 Want me to help you become a better Crypto trader? Now, It's your turn! Be sure to leave a comment; let me know how you see this opportunity and forecast. Trade well, 💪 #bitcoincash #crypto #nextmove #bullmarket #dailyclosed
Long
by Bitking786
2