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Ben Walther
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And y’all go like, wait everybody called for 52,000 😅
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Bitcoin vs. EMA200 — Round 8 Chances are good $BTC will stick the landing this time. No governments selling and some nice weekend buy pressure. Let’s do it!
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BOND Flashed Two Strong Bearish Signals On The Daily Chart 👀🚨 $BOND is in a considerable long-term downtrend. Since its peak in April, the crypto token has lost almost 80%. Recently, BOND found a local bottom and recovered slightly. However, there's a huge chance that this is just temporary, and traders can expect another leg down. Here's why 👇 BOND flashed two strong bearish trade signals on the daily chart. ➡️ The Big Extender signals rely on EMA, RSI, and ADX indicators. ➡️ The Parabolic Trader incorporates the MACD, PSAR, and ADX. Both signals indicate a robust downward momentum and show solid backtest reliability. Chart / Entry: From a chart perspective, as a possible entry, I might be wise to wait for a break of the support at $1.30. #TradeSignal #tradesignalAlert #bondbridge #BearishPhase
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BETA Prints Another Bearish Signal On The Daily Chart 🚨 After its massive pump and many bullish continuation signs, BETA hasn't met expectations. Conversely, the price has fallen 50% since its top two weeks ago. At the same time, the amount of bearish trade signals has increased constantly. Initially, on a lower timeframe, the bearish momentum swept over to the daily chart. Today, BETA flashed a bearish EMA crossover. This signal indicates that the short-term trend has turned bearish and fallen below a longer-term trend. It usually indicates further downward potential. Backtests show that the price dipped 5% or more in 90% of the cases after the signal flashed (based on 11 signals on the daily chart). From a chart perspective, the next support sits at 0.052, which also aligns with backtest data.
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Fantom — Another Leg Down? Chart And Indicators Say Yes! 🚨 $FTM dipped ~35% during the last few days. Even worse, current technical indicators and charts indicate more downside potential. Here's why: 1️⃣ Bearish MACD Crossover FTM flashed a bearish MACD crossover on the 4H chart. Based on backtests, the signal is solidly reliable when it comes to 2%—5% profit targets (downside potential in our case). 2️⃣ Bear Flag Moreover, the 4H chart indicates that Fantom trades in a playbook bear flag pattern. How To Enter 👇 Wait for a break of the lower bear flag boundary and confirmation. As a first profit target, it makes sense to go for the lowest point of the recent dip. However, it is likely that FTM will encounter even more downside potential in the case of a breakout to the bottom. #TradeSignal #FantomFTM
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BETA: Downtrend Continues — Bearish Trade Signal On The 4H Chart! $BETA finds itself in a considerable downtrend. Lately, the token crashed through the support at 0.065. This level has served as support since the end of June. In addition, BETA flashed a bearish trade signal called "Parabolic Trader." This trading strategy combines the MACD, EMA, PSAR, and ADX to provide accurate entries. Based on backtests, the signal shows very high reliability in reaching profit targets of 5% and more. The signal forecast a profit target of 8%. As a result, BETA would reach the next support level at ~0.53. #TradeSignal #beta
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