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Ben Walther
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In case you prefer videos instead of reading, here's an extract from today's live session, in which I discuss the trade setup. Enjoy!
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Aviso legal: contém opiniões de terceiros. Não é um aconselhamento financeiro. Pode incluir conteúdo patrocinado. Consulte os Termos e Condições.
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Ben Walther
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What's Next, JASMY? I received many requests to do another $JASMY chart analysis. So, let's look closer at where we are and what JASMY's next move will probably be. We had another amazing pump at the end of May/beginning of June, during which JASMY added another 100% and topped at the 0.045 level. More importantly, the token briefly broke through the resistance at 0.024 and even 0.037. As expected, JASMY then entered a consolidation phase — which is absolutely necessary and healthy!! So far, JASMY corrected 30% based on the top. If you zoom out, you can see that JASMY mirrors the March price performance. After the run-up, we had exactly the same correction of 30%. However, at that time, the consolidation took three months. I don't expect a similar length this time. On a macro-level, I am convinced that the $ETH ETF approval will initiate a run for many altcoins. Additionally, we had a couple of positive news from SONY entering the crypto market, which can also positively influence JASMY. Ultimately, I expect the following: - Some more sideways consolidation is likely until the ETH ETF launch. - Re-test and break through the resistance at 0.037 - Pump towards 0.068 before entering a new consolidation phase. Levels to watch: - 0.024: This level should serve as strong support. A break below could initiate a dip towards 0.016 levels. - 0.036 smaller resistance - 0.068 target after a bullish breakout #analysis #Jasmyusdt⚠️⚠️
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Here's a short livestream extract in which we discuss Bitcoin's and Ethereum's current state and the next likely scenarios.
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I am very sorry but we have some issues with the livestream. Not sure if it is on our side or something on Binance Live. However, I will reschedule the live session so we have time to figure out the issue. New time: 1PM UTC!
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Going Live In 30 Minutes! (9AM UTC) 🎥🚀 Today, We discuss Bitcoin's and Ethereum's current state and the next likely scenarios. Additionally, we discuss why sometimes the best trade is not to trade. Plus, we do a chart analysis of Chainlink (LINK). Join Me! $BTC $LINK $ETH
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Better Keep Your Feet Still — Trade Signal Update 2nd July For the second day in a row, the daily chart shows a pretty indecisive picture regarding trade signals. * The bullish and bearish signals are almost equal summing up to an overall of 32 signals on the daily chart. * Most of the signals are either MACD, EMA crossovers, or Parabolic Trader. * However, the majority of signals do not have a high reliability based on backtests. Based on that, I won't go for any new trade setups on the daily chart at the moment. We've indeed seen some nice gains for some tokens. However, today's and yesterday's trade signals on the daily chart do not provide a solid risk/reward ratio. I will examine the 4H and 1H charts throughout the day to see if there are opportunities for short-term gains. #TradeSignal
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