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Ben Walther
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$BTC are we ready for 56k? Let me know in the comments 👇

$BTC are we ready for 56k?

Let me know in the comments 👇

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Bitcoin - Ichimoku Golden Cross - Rally Incoming? Today, $BTC flashed a golden cross signal on the daily chart — often a bullish breakout pattern that leads to a massive rally. Overall, #Bitcoin still trades in downward channel which can be interpreted as a bull flag. Looking at lower timeframes, it seems likely that we‘ll see another dump towards the channel bottom (as mentioned in a post earlier today). However, on higher timeframes a bullish reversal becomes more likely. The last golden ichimoku cross in February led to a massive rally too.
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DOGE Gearing Up For A 35% Pump? DOGE is potentially forming an inverse head and shoulders pattern on the daily chart. The chart which IS NOT completed yet could catapult $DOGE towards 0.23. ➡️ To complete the pattern, #DOGE has to break through 0.165 and ideally retest this level before taking off. ➡️ The target price of 0.23 is calculated by applying the inverted head and also represents a major resistance. ➡️ Doge‘s technical indicators support the scenario. THE MACD has turned bullish and momentum indicators are neutral. 🚨 When looking at the volume, the numbers do not second this chart pattern perfectly. Although this isn’t a must it slightly reduces the probability of the scenario. ➡️ Approach: Watch the level of 0.165 closely to determine an entry.
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Tellor — 80% Win Rate Signal on the 1H Chart — 7% Quick Gains? $TRB continues to print bullish signals. While the overall market has turned green during the last hours, #Tellor did so too. I still believe the time for a major correction is coming for this coin. However, many technical indicators point to some more quick gains. The flashed signal has a win rate of almost 81% based 21 historical signals — quite decent. The profit potential is calculated with 6.6% (~128-130 USD). Nevertheless, traders should be cautious due to the already overbought RSI! The signal flashed at 6PM UTC on 11 March.
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15 Signs That You Won’t Succeed in Crypto Trading This post is about red flags. Signals that indicate you probably won’t succeed in crypto trading. You may ask, how can I know? Well, this post is based on a true story. My story. I experienced each of these signs. I made the mistakes. I learned from it. And I hope this post helps others to avoid at least a couple of these mistakes. #1 – You don’t stick to your strategy #2 – Your trading decisions rely on emotions #3 – You think backtesting is a waste of time #4 – You exceed the trading limits you set #5 – You don’t journal and analyze your trades #6 – You increase your margin after you lose a trade #7 – You’re trying to win money back after you lost a trade #8 – You chase new tokens/strategies/approaches every day #9 – You switch between timeframes to justify your decisions #10 – You get nervous if you haven’t placed an order for an hour #11 – You’re constantly searching for influencers and rely on their calls #12 – You are searching for that one shot, that one gem that will change your life #13 – You‘re feeling stressed if you can’t check the charts for a couple of minutes #14 – You spent most of your time watching charts instead of building trading systems #15 – You trade lower timeframes because you think this is how you can reach your goal faster What would you add? 👇
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Solana — What's next: $170 or $84? Let's start with the good news: On a bigger picture $SOL still trades in its long-term upwards channel that the coin entered back in October 2023 💪 However, it is facing a crucial decision point. 👉 After a double top in March it dipped right to the bottom of the channel. 👉 The first reversal led to another retest of the bottom quickly. 👉 After that, it looks like #Solana is making a lower high. What's next? Since the overall market is rather weak at the moment it will be decisive if Solana can stay in the channel. 👎 If not, it's likely that we will see a test of the resistances at 118 or even 84. In this case I really think it can get hairy quickly. 👍🏻 If it holds, the coin has to make a higher high before a retest of the middle band can be tackled. Trading approach 💡 From my pov, it doesn't make sense to enter a trade rn. Contrary, I'll be watching the performance at this level closely and will decide once one of the above scenarios come into play. Let me know your opinions 👇
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