BTC long opportunity to $103,670. Simple break out from a descending pattern coupled with rejection from the SMA's on 4hr time frame and the rejection from $99,000 on higher time frames, also notice the low test candle on the 4hr slightly piercing through that support level. Expect a pull back at around $101,600 - $101,700 for liquidation and relief for retail traders. Fib would give us a target of $103,620 which is also the ATH for BTC so a good target to revisit.
Here on Btcusd price form a falling wedge pattern and now broken line 99860.68 so there is a chance of rising more up and trader should go for LONG and expect profit target of 102503.54 . Use money management
CRYPTOCAP:DOGE corrected just a little deeper than I expected. Furthermore, the pattern is still intact. With Bitcoin's bounce, Doge simply found its path upward. For now, let's break the previous high and we are heading towards our first target at around 50 cents. Have a nice weekend! Be kind to each other and the world.
This week we are looking for a sell at 2649.33 with a target to 2595.7 which is 530 pips. Trade is based on the higher 4 hour and 1 hour timeframe. My recommendation after market opens is to monitor and enter a buy up to 2649.33 target 150 pips and on break and retest then enter a sell to 2595.7 securing on the way in case of reversal as this level could see multiple attempts to retest. As always trade safe use proper risk management and lot size. Secure on the way. I have also uploaded another chart with weekly gold levels wit suggested buy and sell entries . After next Friday ill be finishing up for the year and will be on vacation and ill be back early January to trade again.
The total crypto market cap is holding strong at $3.59T, bouncing from a key support zone (green area). A potential 5.53% increase ($195.43B) is on the horizon if the bullish momentum continues. Stay tuned and watch the trend!
If TON can break and hold $7 we should see a strong move to the upside. If we fail to break $7 we have strong support around the $6 mark. With the current market conditions, I believe we see the move up soon. I'm bullish on TON network :)
BTC is possibly forming a rising wedge pattern. Almost all of the supply is in profit. Market has not corrected yet and re-tested last ath levels. After correction I presume uptrend to continue.
My main trading principle is that the price always moves from swept liquidity levels to untouched liquidity levels. In particular case we clearly can see the following context: price swept 1D key liquidity level and left untouched level lower. But to take more statistically more probable trades we should wait for some type of lower timeframe confirmation. For me the best way to confirm higher timeframe context is structure. So, if price closes below red line (MSB), we will have the valid short setup. Your success is determined solely by your ability to consistently follow the same principles.
Sushi has hit the target at the 3.618 Fibonacci level. If you're in the trade, consider adjusting your stop loss to $2.239. Should Sushi begin to retrace, it may find support around $2.05. I remain bullish on Sushi, but we might see some downside or consolidation before it moves higher. DYOR
MARKETSCOM:BITCOIN bounce. So for now hold on and hold on and stay above 100k and we have a new ATH in our sights. Have a nice weekend! Be kind to the world and each other