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Ben Walther
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Market Update šØ In this video, I provide a detailed market overview focusing on essential data and discuss why I think it is time for a reversal.
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Ben Walther
@ben__crypto23
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In case you missed the Live Feed, here's a summary of the market updates and trade strategies I discussed. Enjoy, and let me know your thoughts.
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Hope you enjoyed the session. Will do another one tomorrow morning. Let me know your feedback and what you would like to see more/less. Happy trading!
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ADA ā EMA Bearish Crossover on the WEEKLY chart šØ Trade signals on the weekly chart usually have a strong impact and reliability. In terms of $ADA this could lead to even more downward momentum. Based on the latest weekly close, Cardano has flashed a #bearish EMA crossover. That means a short moving average has fallen below a longer moving average. Typically, this bearish cross indicates a longer downward trend. Although the signal doesn't have the best probability based on the backtest, it's probably still worth considering for some long-term trades. The profit potential has been calculated at 30%. This would send ADA back to its major support at 0.25 - 0.24. -- For more free trade signals, you can visit Crypto OS. Details in my X bio. #CardanoPredictions #TradeSignal
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EMA Crossover ā Simple Yet Effective Signal! The EMA Crossover is one of the most straightforward signals. Despite its simplistic approach, it delivers strong resultsāespecially on the 1D chart. Here's a perfect example š $ALICE flashed a #bearish EMA crossover just 22 hours ago. The profit potential of the signal was calculated at 23%. ā Since the signal has flashed, ALICE has already dropped by 16%. Certainly, the entire market is bleeding today. Nevertheless, even in such an environment, it is essential to simultaneously pick the trades with the highest potential and highest signal reliability. #TradeSignal
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$CVX ā Bullish Power Scalper Signal ā 25% Potential? Convex is one of the rare tokens that has been trading against the trend. Since Friday, it has been up more than 100%. The Signal š CVX flashed a #bullish Power Scalper signal on the 1H chart that could lead to another bullish move. The Power Scalper signal is based on the RSI, SSL, and Trend Force Index. Profit Potential š° The signal calculated a profit potential of 25%, which would catapult CVX to the previous March high. Backtests š Backtests show high reliability for gains of 2% and 5%. However, historical signals did not lead to gains of 25%. Nevertheless, the current setup definitely allows it. -- For more details and signals, you can check out Crypto OS. More information is in my X bio. #TradeSignal
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