Hello traders, recently we have seen Bitcoin plunge along with all the other altcoins and I'm sure anyone left bag holding will be looking for answers. We have all seen headlines about Elon Musk, China, Binance investigations, and various other "allegations" Let me just give it to you straight, you can believe whatever you want. In my own non-expert opinion,...
Welcome to another one of my technical analysis. I have been playing DOT for quite some time now and will remain positive in the long term. I know it's very messy so I will explain everything going on here. In this 4-H Chart, we can see a descending triangle, however, not a very strong one in my opinion. Nevertheless, it is there and so I am sharing it. This...
As you can see, there is a descending triangle on UNI however, that doesn't mean short but it might signify a possible reversal. I have added in a trend based fibbonaci extension line for you to see where one of the key resistance levels are. At the 0.5 point on the fibbonaci extension, we can see it has been tested a few times so that is a possible resistance to...
Hello, welcome to another one of my analysis Since about a few weeks ago I have been very confident of the price of LINK I have a position in LINK at $28USD which I keep changing the stop-loss and till now, hasn't closed out. To better understand what my ugly chart is about, I am going to explain what I have used. The pitchfork was made a few months ago and it...
As you can see from my analysis, a breakout could be happening soon and BNB can go either way. I've drawn a fibonnaci retracement level for you to set your targets, normally I would go for a 100% on the fibbonaci level which in this case is about $806 but I usually stay conservative and not ambitious. With that, I would place a target at around the 50% point...
"met a whale yesterday, he told me to HODL, never fall for FOMO and just keep my diamond hands." Do you understand this sentence? Learning about crypto requires a certain level of adaptation of one’s lingo. Many commonplace words like whale and moon, have different meanings in the crypto context. It’s important to know the meaning behind these terms, especially...
Forgive me if my charting is poor, this is my first time doing this. I spotted an inverse head and shoulders pattern in the downtrend which could indicate a reversal but it failed to reverse. Price recently touched my support line which can be scalped. It is still possible for the trend to continue and form another inverse head and shoulders but we will have to...