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This video is an extract of today's live session. We discuss Chainlink's (LINK) current state and the next likely scenarios.
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AKRO Flashes Two Bearish Signals On The Daily Chart 🚨 AKRO flashed bearish trade signals in two consecutive days. 1️⃣ Yesterday, we saw a bearish Ichimoku signal — known for its high reliability. The signal indicated a profit potential of ~30%. 2️⃣ Today, AKRO added a bearish MACD crossover on the daily chart. Moreover, based on backtests, the MACD on the 1D charts shows excellent win rates — even for profits above 10%. Therefore, a short position seems plausible. When looking at the chart, two options stand out: AKRO currently trades at 0.005, up 3%. The token has two support lines, at 0.0045 and 0.0034. The lower support line corresponds to the 30% profit potential. Option 1️⃣: Wait with an entry until the price breaks below support at 0.0045 and open a short towards 0.0034. This is the safer approach, but it yields fewer profits. Option 2️⃣: Open a short right now and set a first take profit at 0.0045. Based on the current market, this seems more risky. #AKRO $AKRO #TradeSignal
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AKRO Trade Setup — Ichimoku + MACD Signal — 30% Potential.
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New week! Time for Crypto + Coffee! Join me live at 8 PM UTC. Today, we take a deep dive at the Bitcoin chart and discuss Ethereum's crucial levels. Additionally, I prepared two interesting trade setups and took a closer look at the DOGE chart. LET'S GOOO! Join Me Here! $BTC $ETH $DOGE
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Sunday Wrap-Up & Outlook — That's Not What We Wanted To See 🔴 Unfortunately, Bitcoin and altcoins have not continued to show strength today. On the contrary, we saw a couple of bearish signals today (although there are still 30 minutes to go until the daily & weekly candle closes): Here's a short analysis and outlook: 🚨Bitcoin did not manage to rise above the EMA200. This can add additional sell pressure on BTC since many strategies use the EMA200 to define the trading direction (long or short) 🚨 If we don't see a significant change, Bitcoin will print a bearish engulfing candle on the daily chart, which is considered as a bearish signal — potentially followed by more substantial sell pressure (same applies to many altcoins). 🚨 Many altcoins slipped below their crucial support line (again). 🚨 The Asian sessions have been driven by solid sell pressure for a few weeks. Therefore, it is likely that today's bearish trend will continue and probably accelerate. #ANALYSIS $BTC
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That's Why I Trust In Data Instead Of Gut Feelings 💪 I was pretty excited after yesterday's rally. Who wasn't? Most tokens bounced perfectly and almost equalized the losses of the previous day. I expected a continuation of the bullish momentum today. However, I try not to follow my expectations/emotions and prefer relying on data. Therefore, I was pretty surprised when I saw more and more bearish signals flashing on the daily 4H and 1H charts. But what can I say? Data: 1️⃣ - Gut Feelings: 0️⃣ Once again, I am happy to rely on solid data instead of my feelings. Hope you caught some of the signals.
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