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#Bitcoin is been moving inside of the consolidation and might take a test till resistance line. On hourly TF, price is ranging. Well, the $24,000 is the resistance for now and if price flip that area then we can expect a easy push till $25,000 and potentially a new higher high
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#TVK made a very quick move to the upside and achieved the 1st target and price made a high of $0.055, which is 14.5% in profits. I hope you locked some profit at TP level.
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#TVK/USDT BUY/LONG CALL
Lying above strong support. EMA'S are also acting as a support. MACD crossover is showing bullish momentum. It will pump hard from here 🚀
Targets: $0.0543-0.0750-0.0890-0.1050
Stop if 1D close below $0.0431
#TVK/BTC BUY/LONG CALL
Lying above strong support. RSI is showing a bullish divergence. EMA'S are acting as solid support. Stochastic is giving a buying signal. Expecting a big upward move from here.
Targets: 231-275-325-380 satoshi
Stop if 1D close below 189 satoshi
We will announce a news based based spot call withTA after 30 minutes😊
Stay tuned.
#DOCK continues to push higher and hits the 3rd target and made a high of $0.04422, which is 65.11% in profits.
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#FET again rejected from the consolidation range resistance. The mid-range support is $0.406-$0.408 zone. You can short at the resistance of the range and long near the support of the range. Keep tight stop loss in case of a breakout.
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Notice of Removal of Trading Pairs - 2023-03-02
https://www.binance.com/en/support/announcement/d94b8c9ee502498db90c1ed2b299fead
What is Bullish Marubozo Candlestick ?
A bullish #Marubozo candlestick is a type of candlestick chart pattern that indicates a strong uptrend in the market. It is characterized by a long green (or white) #candlestick with little or no shadow, indicating that the #opening price was the same as the lowest price of the trading period and the closing price was the same as the highest price of the trading period.
This pattern typically indicates a strong buying #sentiment in the market, with buyers dominating the trading activity and pushing the price upwards throughout the trading period. #Traders and investors may interpret this pattern as a bullish signal, indicating that the #uptrend is likely to continue in the near future.
However, it is important to note that no single candlestick pattern can be used in isolation to make trading decisions. #Traders must always consider other technical indicators and fundamental analysis to confirm their #trading decisions.
#COMP did gave a break trade as price breaks below the $56.00 hourly support. Trade moved around 14% in our favor, we recommend to take major partial here and trail the stops with swings to maximize your profits.
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Here's the analysis of #FET :
#FET made a strong rejection over the major resistance level of $0.571 - $0.599. Currently, price is just moving in a consolidation range in between. You can do range trading over consolidation here, and in case of Breakout/ break-below, we've a clean move down till $0.292 - $0.305 major support.
#BTC.D (#Bitcoin Dominance) is kinda stuck between the 43.24% support and 44.46% resistance. Well, #BTC rally down over this week as where #BTC.D sustains, which impacted the altcoins. Now, eyes on a breakout either side, to anticipate the next move. You should also watch #BTC levels, to add confluence to the analysis ✅
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Here's the analysis of #OCEAN :
#OCEAN is been strongly rejected from the strong resistance zone of $0.557 - $0.570. Price fluently moving lower and expected to reach the major support zone of $0.300 - $0.325. You can use this clean move down as opportunity, if hourly TF retraces.
Here's the analysis of #NEO :
#NEO slides above the major level of resistance and again dipped below at $12.00. Its a major resistance again, and daily candle trying to close below it. If daily candle close below it, then price can easily drop till 4H support around $10.00 - $10.25. You can use Hourly chart to use this opportunity.
#Binance Launches the Airdrop Portal
https://www.binance.com/en/support/announcement/4fbe314cab9d49a5a322ee905c62fc05
#TVK followed the same in #BTC pair and made a high of 237 Satoshi, which is 16.3% in profits. I hope you're enjoying our free calls 🚀
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Here is the analysis of #OP:
The price is rejected from the resistance of the $3.00-$3.20 zone. The support is $2.40-$2.50 zone and a possible retest of this zone is coming. Wait for a new long position and place buy orders near the support zone. A daily candle close above $3.20 will push the price toward the $4.00 level.
#TVK something new is coming👀
Also it’s consolidating above Ema100 on 1D shoot up coming anytime 🚀
We are buying #TVK here
TVK is ready for a moonshot 🚀
Now is the right time to build your position in TVK for massive profits in short term🚀🚀
#DOCK in #BTC also pushed higher and made a high of 136 Satoshi, which is 66.6% in profit. Lock-in some profit and move the stops 🚀🚀🚀
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What is Bearish Mazubozo Candlestick ?
A bearish #Marubozo candlestick is a type of candlestick chart pattern that indicates a strong downtrend in the market. It is characterized by a long red (or black) #candlestick with little or no shadow, indicating that the opening price was the same as the highest price of the trading period and the closing price was the same as the lowest price of the trading period.
This pattern typically indicates a strong selling #sentiment in the market, with sellers dominating the trading activity and pushing the price #downwards throughout the trading period. #Traders and investors may interpret this pattern as a bearish signal, indicating that the #downtrend is likely to continue in the near future.
#Bitcoin is trying to reclaim the trading range but the price is rejected from there. The long wick shows price rejections and liquidity grabs. The support levels remain the same. Use proper risk management in all trades.
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Here's the analysis of #THETA :
#THETA is kinda a Consolidating in a range between the major support zone of $1.140 - $1.15 and major resistance of $1.298 - $1.313. You can take advantage of range trading with tight stops until #BTC doesn't play any aggressive move. On the other hand, a triangle pattern is forming which can give a potential setup, so, have an eye on breakout📈
The total amount of #BUSD that is held in exchange reserves has dropped from $14.3B to $11.3B, representing a fall of 21% or $3B.
In terms of market capitalization, #USDT and #USDC have absorbed the majority of the value lost.
#BITCOIN DAILY TF UPDATE :
The major resistance level from weekly TF is same for Daily TF. Price maintaining its bullish structure but now retracing a bit. Currently, price is on a 4H resistance area, and if rejected then we can see lower move till support. Market will remain bullish until #BTC hodls above $21,400 mark.
What is Harami Candlestick Pattern ?
The Harami candlestick pattern is a two-candle pattern that signals a potential reversal in the market trend. It is formed when a small candle, either bullish or bearish, is contained within the previous candle's real body.
A bullish harami pattern is formed when a small bearish candle is followed by a larger bullish candle. This indicates that the sellers have lost momentum, and the buyers are starting to take control. Traders may interpret this pattern as a signal to go long or buy, expecting an uptrend in the market.
On the other hand, a bearish harami pattern is formed when a small bullish candle is followed by a larger bearish candle. This indicates that the buyers have lost momentum, and the sellers are starting to take control. Traders may interpret this pattern as a signal to go short or sell, expecting a downtrend in the market.
Note : This candlestick pattern is less used by the trader, and kinda weak conformations (Specially in LTF [Lower Time Frame])
#BITCOIN WEEKLY UPDATE :
#BITCOIN needs to break and close above the $24,600, on weekly TF to continue bullish. Closing was at around $24,400, and next weekly candle goes down as we saw downtrend this week. Anticipated clean move down till support at $21,150 - $21,400. Daily TF, also indicate the nearly same, so eyes on that
#Bitcoin break below the consolidation range and now smoothly moving lower. Prices now continue to go down till support zone around $22,300 - $22,500. As per market structure, the lowest and final point will the $21,300 - $21,500 support zone. Keep and eye on the mentioned levels and manage the running trades.
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What's the difference between a Hanging Man, Hammer, Inverted Hammer And Shooting Star Candlestick
This is a #common doubt that comes in my like, if Hanging Man and Hammer Candlestick looks same and Inverted Hammer and Shooting Star too, so what's difference?
The differences is the color of the candle and more specifically when it occurring.
Hammer and Hanging Man Candlestick looks the same, but if it appears in #Uptrend then its a #Hanging Man and if its appears on downtrend then its Hammer.
Similarly, #Inverted Hammer and #Shooting Star have the same Candlestick, the only difference is on the appearance, if its on a downtrend then its a #Inverted Hammer and If it appears on an uptrend then its a #Shooting Star Candlestick.
#TOTAL2 UPDATE :
#TOTAL2 Market Cap entered the major resistance as anticipated and rejected too. We saw the reaction over the market in #Alts and #BTC. We still we can say this as an retracement, if market want to reverse then its should break below the 4H Support near about $570B. Best case would be a breakout of the major resistance 📈