As a crypto trader since 2015 I thrive on adapting to market trends. My expertise has led to success in navigating complex investments. Let me share my insights
The price has formed head & shoulder pattern. If it gives trendline breakout then it has potential to go up.
T.F.- 1-D
ENTRY- as soon as it gives breakout above the trendline SL- below the support line which is marked by green line i.e. 60180 TARGET 1- 73777 TARGET 2- 83250
Note: If the stop-loss is triggered before entry, disregard the trade as the price action may develop differently.
As a professional crypto trader with eight years of experience, I want to share some advice. Please remember that the market never rises continuously; it fluctuates up and down. The recent drop in Bitcoin's value might seem significant on a 15-minute chart, but if you zoom out to a longer timeframe, you'll see it's just a minor dip. Corrections like this are normal in any market.
Currently, major investors like BlackRock are involved in the market. They might be waiting for smaller investors to sell during these corrections so they can buy at lower prices. Don’t be tricked into selling early; the market will likely rise again. The best strategy to benefit in the long run is to invest a consistent amount regularly, a method known as Dollar Cost Averaging.
The price has formed an ascending channel pattern by making higher highs and higher lows. If it breaks down, then it has the potential to go down further.
T.F.- 1-D
ENTRY- as soon as it gives breakdown SL- above the lower high i.e. around 3.5350 TARGET- 2.0240
Note: If the stop-loss is triggered before entry, disregard the trade as the price action may develop differently.
#Syscoin is in a bullish channel, and the price is near the support of the channel and the 200 EMA. It's expected to keep its bullish momentum and test the previous swing high. To confirm entry, wait for the breakout of the $0.2944 level.
#IDEX is in an uptrend and is trading above the 200 EMA. The price recently experienced a correction now is currently trading above the 200 EMA. It's expected to find support there and bounce back, continuing its trend. Just wait for the breakout of the trend line and the $0.08969 level for a long entry.
#REQ is in an uptrend, making higher highs (HHs) and higher lows (HLs) while bouncing back from the 200 EMA. The price is currently trading above the support zone and is likely to continue its trend. Wait for the breakout of the $0.1646 level to go long and aim for the previous swing high as a potential target.
#TKO is currently trading above the support zone near the 200 EMA. The overall trend is bullish on the higher time frame (HTF) as the price is forming higher highs (HHs) and higher lows (HLs) pattern. It is likely to gain bullish momentum from the current zone and will soon test the resistance level.
#SFP is currently consolidating over a support zone, sloping upward. It's likely to continue its bullish momentum from the current levels and test new highs. The overall trend of the price is bullish, and it will soon continue its upward trend.
Whenever this index reaches 95, then major selling happens. When this index goes above 90, then it is a red sign and correction can happen at any time.
On 14th March 2024, when BTC made a new all-time high, it was around 88 and after that, BTC corrected more than -17.66% from the all-time high till 20th march 2024 swing low.
Yesterday, the index was 71. The lowest low of 3 months was 48 which was noted on the 24th January 2023.
Note: This indicator shows the overall market sentiment.
#OXT is consistently making new highs and trading above the 200 EMA. The price is expected to bounce back from the support zone and test its previous swing high.