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Ben Walther
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Is the Altseason about to start? What's behind today's Bitcoin dip? Here's a quick video that shares some insights about today's market moves.
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Verge — Just a short extract of Friday's session explaining the latest XVG trade signal and setup.
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Moving nicely! Already 18% since the signal flashed. If we can smash that $28 barrier sustainably we should quickly hit the final target.
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Tellor — Ichimoku Signal Indicates 5% Dip! Our algorithms identified a bearish Ichimoku signal for $TRB on the 4H chart. The signal indicates a 4%-5% setback. Here are the details 👇 TRB printed a so-called Ichimoku signal on the 4H chart. The signal combines various Ichimoku indicators and validates the direction on higher timeframes. As a result, it is considered highly reliable. Backtest Details 🧐 The signal has solid backtest results. Based on 7 historical signals, TRB dipped over 5% after signals flashed in 72% of their occurrence. Other Technical Indicators 💹 Trend indicators are mainly bearish, whereas momentum indicators show a mixed picture. What about the chart 📊 That's the exciting part: TRB is currently showing an uptrend after forming a bottom in early/mid-June. Therefore, based on the chart, a further price increase is likely. However, the Ichimoku price target perfectly fits the U-shape. As a result, a possible scenario could be another retest of the U-shape before TRB continues going higher.
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Beta Finance — Aiming For $0.16 — Massive Buy Signal 🚀 $BETA is up more than 100% since the beginning of the week. Therefore, I wouldn't consider a long trade following the rule, "Don't chase green candles!" However, violating the rule might be a good idea in this case. Here's why 👇 BETA printed a so-called Power Scalper signal on the daily chart. The strategy is a rather complex approach that uses some lesser-known indicators (SSL, TDFI) and the RSI in an uncommon way, specifically tailored to realizing gains after a pump. Signal Details 🧐 The signal flashed on the daily chart and had extraordinary backtest results. Based on 22 historical signals, BETA gained over 10% after signals flashed in 86% of their occurrence. Other Technical Indicators 💹 All trend indicators (short, medium, and long term) show a bullish trend! Momentum indicators provide a mixed picture, which is logical after a 100% pump. As a result, the RSI, for example, is overbought. Additionally, the ADX shows a super strong trend and should help realize the signal gains. What about the chart 📊 Currently, BETA trades at $0.095. The next resistance is ~0.12. This level can serve as a first take-proft target. The next resistance is $0.15-0.16, which correlates with this signal's profit target of 73%.
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