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CRPTOCURRENCY

44000 Possible Bottom (BTC)The 4hour RSI is forming a triangle with a decision point by May 4th 2021 which also aligns with a Fibonacci Time Zone. The 4hour RSI also has formed two lower higher points , to early to call bullish divergence but a third lower high and we would start to see momentum shift. Important Points 44000 is where there 21 Weekly EMA currently sitting May 4th Fib Time Zone . Fear and Greed Index 27 (that's only 15 points of COVID fear levels!) alternative.me I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful." — Warren Buffett
BITSTAMP:BTCUSDLong
by Sporia
4
Bull Market 21EMA (BTC)In the last cycle bitcoin dropped about 5 times to the 21 weekly, 3 out of the 5 times the weekly RSI hit about 53. In fact to start the bullrun last cycle we started off the 21 weekly exactly the same as this bullrun The 21 Weekly moving average sits at about 44000 and the weekly RSI is currently at 57, play close attention here because while every is panicking and selling there bitcoin we can prepare for the next long. If the price comes back down to 44000 and the weekly RSI hits 53 and we get strong signs of reversal it could be an amazing entry.
BITSTAMP:BTCUSD
by Sporia
3
XRPUSD 1.05160 - 9.31 % LONG IDEA * PRICE ACTION AND STRUCTUREHELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THEXRP / USD. * follow your entry rules on entries * significant moves with the bears change the plan. lets see how it goes. many stars must align with the plan before executing the trade, kindly follow your rules. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
BITFINEX:XRPUSDLong
by PULEMokhothu
1Inch Breakout 1Inch can is moving towards a up trend, we will get confluence by: - Next 4hr candle is above the trendline - its above the displaced EMA - MACD (blue has crossed over the orange line moving upwards. It will be a small pump, I need to do more research and find out the partnerships with 1Inch. I'm a beginner trader, these are my ideas, I'm documenting my journey. I believe this will be profitable buy in the short time once we get the candles above the EMA Feel free to comment below.
by tradewithhansley
$THETA broke out of 3 weeks consolidation, what now? Theta coin has made an impulsive move to the upside and broke out of its 24 days long consolidation between 11 and 13.5, and it's currently retesting the breakout as new support. This is healthy price action and provides us with an objective entry anticipating more upside. It is also supported by a few indicators. Pros: - Broke out of consolidation box between 11 and 13.5, now bouncing as support. - 4hrs bullish divergence. Price made high low when RSI made a lower low. - It's currently making a bullish wedge after a successful breakout. Cons: - Could be a false breakout, with volume significantly decreasing afterward. - We haven't confirmed the breakout of this bullish wedge yet. Entries: - Aggressive buyers could choose to enter now between 12.8 - 13.8. - Conservative buyers should enter as the price breaks the falling wedge at 13.8. - The trade is a 3.2 R/R trade indicated on the graph. Personal PT: 16.51 / 17.48 / 20.28 (unlikely in short term) Personal SL: 11.8 If you find this helpful please give a thumbs-up and good luck trading!
Long
by Mattyx227
Intracycle Top Idea (Part 2)This is a follow-up to my previous TA which I will link down below. It is very much possible that a blow of top scenario plays out around 100k and if that does happen then the chances of that been a intracycle top increases dramatically. If price does pop at around 100k on June 8th 2021 and then comes back down to the 0.5 Fib and holds, the intracycle top theory can quite possibly become a reality , interesting times ahead! Fibonacci Time Zone Dates : June 8th 2021 - 104k October 12th 2021 - 59k April 13th 2021 - 260k "There is no top for Bitcoin as there is no bottom for fiat"
COINBASE:BTCUSDLong
by Sporia
4
Intracycle Top Idea (BTC)Today I have been going over the possibility of intracycle top playing out for bitcoin. In the past there has been one cycle that has had a intracycle top and that was the cycle of 2013 , price peaked and crashed only to come up later that year to put in a higher high. The Fibonacci Time Zones I have set on these dates have been working really well so far at pin pointing potential pivot points in this bull run. If price does peak at 125k on June 8th 2021 there is a possibility that it is a intracycle top, with another peak following on April 13th 2022 at 320k. The Genesis Line This red dotted line you see in the chart acting as resistance goes back to the very beginning of bitcoin it has acted as support and resistance through the years, its by far the line that has the most confluence points in bitcoins entre history. So from peak to peak in the cycle 2013 , it took bitcoin 235 days , the number I get using Fibonacci time zones is 298days if there is a intracycle top , also a 50% drop to the 0.5 fib would be in play since price has been dropping back to the 0.5fib the entire bull run I will link my previous TA showing exactly that. Since there has only been one cycle before with a intracycle peak there is no real strong data to go with , one data point doesn't hold much weight. One thing's for sure is that this red resistance line is no joke and I strongly believe that its going to play a big part in bitcoins future, i will link below a picture of the Genesis line. ibb.co
BITSTAMP:BTCUSD
by Sporia
8
Large breakout imminent!!!Several patterns to take into consideration here: There is a large ascending triangle, marked in green, which is a bullish pattern and gives a likely target of approximately $70000 after a break up and approximately $43500 after a break down. An inverse head and shoulders pattern can be seen within the ascending triangle, sharing a neckline with the resistance of this triangle. This also gives an approximate target of $70000 after a break up and approximately $51000 after a break down. For about the last 6 months bitcoin has been bouncing between support and resistance in a very large narrowing rising wedge. Technically, this is a bearish pattern, however it is evident that we are in a very strong bull trend at the moment and the possibility of breaking up increases due to the ascending triangle and the inverse head and shoulders
BITSTAMP:BTCUSD
by stackingsatsandeth
1
🌧️ THETA Possible BreakoutTHETA has seen some considerable gains recently, but there could be more. THETA is developing a large bullish flag, and a breakout of the descending wedge could signal more upside. Watch for a breakout approaching the end of the flag and ensure that it finds support around the $12.12-$12.66 levels. From there, we can expect a rise to $17.8 or even $22.4 depending if you go by the length of the flagpole or the height of the flag (: This could be a huge buying opportunity alongside news of THETA's NFT marketplace dropping by 26 April, giving hints at a bullish rise.
Long
by RainyTrader