DOTUSDT - Entry Timing?BYBIT:DOTUSDT
1H trend chart
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DOT has built a double bottom pattern.
Now it just broke the neckline in 1H chart.
If price can be keeping here w/o wicks top, trading strategy as below.
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Profit Targets:
a) 46.035----Fib(1)
b) 46.7~47.415----Fib(1.272~1.382)
c) 60.445----Fib(2
Stop losses:
a) 41.050-----Red horizontal ray
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Crypotrading
Ethereum in a Falling wedge.Ethereum - Intraday - We look to Buy at 3731 (stop at 3648)
Price action has formed a bullish ending wedge formation.
Daily signals are bullish.
50 4hour EMA is at 3730.
We look for a temporary move lower.
The bias is to break to the upside.
Our profit targets will be 3963 and 4022
Resistance: 3900 / 3980 / 4025
Support: 3780 / 3720 / 3640
⚡️ Crypto Insights ⚡️ #1What people tend to miss is the bigger picture.....
Let us look at the overall trend in the crypto space, which yesterday broke to ATHs. It is looking extremely strong with an uptrend on the weekly chart and a convergent MACD. For me this shows real strength, not just in BTC but in the whole crypto space.
It is a common misconception that ATH are a bad place to be getting into a market... yes it is a time to be cautious but it also shows incredible confidence and strength!
MATIC / Polygon is HOT! ☀️Watch this spring!!! 🏹 Range contraction leads to range expansion and this coin is winding up for a big move!
With Polygon's daily users surpassing Ethereum, we are seeing real adoption... and it's not slowing down. You only need to look at their Medium page to see the plethora of partnerships rolling in.
With BTC's break to all time highs, this projects technical and fundamental stature are setting up for some insane gains.
BTC Next move! Check it outA few things seem to be playing out:
-BTC is coming up to a some resistances ( diagonal TL + Price range)
-Its last 45% move up was followed by a pullback
- Bearish divergence is playing out like last time
A high probability tells us that we are close to seeing a small pull back -
I think we can see $58.5k (blue box) before retracing about -10%
What are your thoughts?
How Bitcoin will move in the coming daysI believe that Bitcoin needs to touch the $ 38,000 to $ 40 ,000 price range once again to continue its rise.
Disclaimer!
The content of this post is for educational purposes only and is not a buy or sale offer in any way. You can use its information to prepare your trading plan. But you have to do your own research. Trading is risky and requires experience and is not suitable for everyone. Only you can be responsible for your trading.
AUGUST BTC/USDT TRADING LEVELS - ALTUS.FINANCEGreetings TradingView!
Here you have a complete set of support and resistance trading levels for the BTC/USDT pair for the month of August. Pay attention to these levels along with your favorite indicators to prepare for entries and exits! Trading level to level is crucial and can teach you a lot about market psychology.
Timeframes:
- Monthly (PINK)
- Weekly (GREEN)
- Daily (WHITE)
Happy Trading!
ALTUS
BITCOIN, SOME CORRECTIONS BEFORE FURTHER UPSIDE MOVEMENTTake a look at this beauty, the price has been rising for around 10 days now. We are patiently waiting for the price to finally SMASH that zone of resistance and continue its path to Saturn. However, before we can break out of that strong area of resistance, the price should get some rest and fuel. It is kinda hard to tell when the price will finish retracing, but we can use the help of Fibonacci for that. We have plotted out the 0.5 and 0.618 Fib retracements on our chart and will be looking for BUY positions around those areas. Nevertheless, the price may even not reach those levels and pullback even earlier.
All in all, our target is the moon, so let's HODL!
Feel free to drop your thoughts and opinions in the comment section below
ETH Short-term bounceHey traders,
BTC had been bouncing from a strong buy level, causing ETH to follow. In the next day we'll probably see ETH go up to 1960 with the cloud acting as resistance. AS you can see we are following this pattern pretty well. You can either get into a shortterm long or try to sell at the cloud. WE are basically in a semi-ranging market with a bias towards the downside right now.
IF you found my analysis helpful in anyway please give me a follow and like this ideas, and as always, happy trading!