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#OP continue to fell lower and break the strong support zone too. Trade moved further in profits around 15.4%. I hope you secured more in between to closed all. Currently price flipped above the major level again, around $2.60 will be the strong area for rejection.
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Here's the analysis of #TWT :
#TWT is been a large falling wedge pattern and right now hovering over the major support zone of $1.223 - $1.282. Well, price already reacted from there and back again, as seems like might form a lower low now. Currently, no bias until its shifts the structure/ pattern or breaks below the major support.
What is Tweezer Bottom candlestick?
A #Tweezer Bottom is a bullish reversal candlestick pattern that forms at the bottom of a downtrend, indicating a #potential trend reversal. It consists of two candlesticks that have the same low price, creating a bottom that resembles a #pair of tweezers.
The first candlestick is a bearish candlestick, indicating that the price has been #decreasing, and the second #candlestick is a bullish candlestick, indicating that the price has started to increase. The two candlesticks should have a similar length and form a bottom at the same level, creating a support level.
#Traders often use other technical indicators, such as #volume and #momentum, to confirm the reversal before entering a #long position. If the pattern is #confirmed, it can provide a good buying opportunity with a #stop-loss below the low of the tweezers bottom pattern.
#BITCOIN DAILY TF UPDATE :
Another weekly candle goes bearish as anticipated in previous post (here). Daily TF following the same too and still a tiny move can possible till support. NFP and other fundamentals events coming this week, so high volatility is expected. Price already retraced deeper, so a reversal might come.
Hello Members, the next official Kucoin Mega Bull Call will be planned for :
- Date: Sunday, March 12th
- Time: 16:00 GMT
- Exchange: Kucoin.com
We're excited to announce our next Kucoin Mega Bull with confidence and plenty of time to prepare. Our member count has grown significantly, the crypto market is on the rise, and the pumping scene is ready for a comeback. There are many good opportunities in the crypto market right now, which makes it a prime time for a Mega Bull Call. Our overall network has now surpassed 1 million unique users, and we expect to see a volume of over $2 million and a gain of +1000% for our upcoming Mega Bull Call.
BTC is taking some corrections to balance the wave structure as Fud and retest will also be over next week. Golden crossover has taken place, and hash ribbons that never deceived have also given a buying signal, which is an indication of a massive bull run in the market. The bullish impulsive waves are just getting started. Thus, this is the ideal time for our next Big Call!
Worldwide traders are paying attention and will be prepared to join our next Mega Bull Call this Sunday. We'll share more information, guides, and updates In a few days to make sure everyone is well prepared, pin our channel on top.
Here's an important guide on Kucoin Mega Bull Call ⤵️
https://telegra.ph/How-to-Trade-KuCoin-Mega-Bull-Call-09-20
Stay tuned 😊
There has been a huge amount of #stablecoin deposits to the exchange. It is the highest level of this year 👀. What do you think, what's next 🤔?
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#Bitcoin give a breakout to the upside, after a full day of consolidation. Well, price retest back the range as support and Hopefully, we'll see an upmove as there clean candle looking left. On Daily TF, price can still have room to go down below $22,000.
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What is Dark Cloud Cover Candlestick ?
#Dark Cloud Cover is a two-candlestick pattern that appears on a price chart and is often used as a bearish #reversal signal. The pattern is formed when a bullish candlestick is followed by a bearish #candlestick, which opens above the high of the previous candlestick and closes below the midpoint of the previous #candlestick's body.
The pattern suggests that the market has shifted from a bullish #sentiment to a bearish one, and that the bears have gained control. It is considered more significant when it appears after a sustained #uptrend and is confirmed by other technical indicators, such as #volume and #moving averages.
Traders often use the #Dark Cloud Cover pattern as a signal to enter a #short position or to exit a #long position.
#Bitcoin is been consolidation in a range now, after a huge dump in market. Price just did like nothing after that. LTF, shows range and a breakout will decide the next direction of the market. Bullish above $22,460 and in case of break below $22,000, then a easy move till $21,000 support.
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What is Piercing candlestick Pattern ?
A #Piercing candlestick pattern is a two-candle bullish reversal pattern that appears on a price chart. The pattern usually forms after a downtrend and indicates a possible #reversal in the trend.
The Piercing pattern consists of two candlesticks. The first candlestick is a #bearish candlestick that opens near the high of the day and closes near the low of the day. The second candlestick is a bullish candlestick that opens below the low of the first candlestick and closes above the #midpoint of the first candlestick's body. The bullish candlestick can also have a long real body, indicating a #stronger bullish sentiment.
The Piercing pattern is considered significant when it appears after a sustained #downtrend and is confirmed by other technical indicators, such as #volume and #moving averages. #Traders often use this pattern as a signal to enter a long position or to exit a short position.
We already mentioned rejection yesterday and today #Bitcoin dumped hard to the drawn support around $22,300 - $22,500. Price still hodling above the zone but might break it. Clean move is expected, till next support $21,300 - $21,500, if it breaks. Avoid to take low confidence setups as of now.
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#BLZ/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: $0.1315-0.1955-0.2566-0.3425
Stop if 1D close below $0.1004
#BLZ NFT Marketplace and other exciting stuff is on the way✌🏻
Don’t sleep on this one price action will explode anytime 💥
10 minutes left until strong news based spot and futures call.
Stay tuned.
Wallet Maintenance for Tron Network (TRX) - 2023-03-03
https://www.binance.com/en/support/announcement/18819c876ea44f1da2a1803b1fc04bf4
Not much movement happened in #Bitcoin and just created an another consolidation range after the breakout. This might happening due to, normally price ranges after sharp moves. Small channel pattern can be also noticed over there, in which a break out will decide next impulse move.
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Hello members, to celebrate our upcoming Kucoin Mega Bull Call session we are annnouncing probably the biggest giveaway for our community. All biggest crypto groups coming together to help our community and a total of $10,000 will be given to eligible participants.
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Easy and clean entry in #QTUM as mentioned. Trade moved around 6.8% in profits and market these days ranging now, so scalping going good in altcoins. Well, still bearish in #QTUM to reach out the support around $2.77 - $2.79.
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Here's the analysis of #GMT :
#GMR is been rejected from the major resistance zone of $0.416 - $0.422. Currently, price is hovering over the support zone around $0.363 and expecting a drop till major support level of $0.344 - $0.349 and potentially longs there. As of now, there's now clean indication, so wait for the price to reach out any major level.
What is Tweezer Top candlestick?
A #Tweezer Top is a bearish reversal candlestick pattern that forms at the top of an uptrend, indicating a potential trend reversal. It consists of two #candlesticks that have the same high price, creating a top that resembles a pair of tweezers.
The first candlestick is a #bullish candlestick, indicating that the price has been increasing, and the #second candlestick is a bearish candlestick, indicating that the price has started to decrease. The two #candlesticks should have a similar length and form a top at the same level, creating a resistance level.
Traders often use other technical indicators, such as #volume and #momentum, to confirm the reversal before entering a short position.
#HOOK continues the drop as mentioned, price reached out the support level too, where long are good. If you took the entry then you're in 8% profit, and that's a good move for scalp. Lock-in some position right here and hodl with Breakeven stops.
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Here's the analysis of #HOOK :
#HOOK is been moving downward in a very corrective manner, after the major drop in price. Currently, it filling out the wick and might reach the strong support zone of $1.824 - $1.836. Nothing as of now, because range is very small for shorts. Wait for the price to reach support for potential longs and shorts after break-below.
#ANKR hit the support zone instantly bounced from there. The downtrend line resistance is $0.35 level. Don’t rush for new longs and wait for more confirmations.
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Here's the Analysis of #QTUM :
#QTUM rejected hard from the major resistance zone of $4.26 - $4.42. Price already broke below the 4H support around $3.10 - $3.19. There's a minor support in between but expecting price all the way down till major support zone of $2.50 - $2.60 and potentially buys may come. As of now, you can look for shorts, at 4H zone as resistance 📉
#OP break below of the minor support zone and given close below. Price goes deeper inside the support and likewise rejecting. If you took shorts then the trade peaked around 9% in profits, better to take major partials and shift the stops.
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Here's the analysis of #ANKR :
#ANKR rejected hard from the major resistance level of $0.0570 - $0.0597. Price is currently trending lower and approaching towards the strong support zone of $0.0331 - $0.0349. There's a trendline lower adding confidence to longs but always wait for the candle closure. In case of break below then shorts will be probable 📉
#BLZ/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: 561-675-855-1055 satoshi
Stop if 1D close below 430 satoshi
We are buying #BLZ here
BLZ is ready for a moonshot 🚀
Now is the right time to build your position in BLZ for massive profits in short term🚀🚀
We will announce a news based spot call with strong TA after 30 minutes😊
Stay tuned.
What is Evening Start Candlestick Pattern ?
The #evening star candlestick pattern is a bearish reversal pattern that consists of three candles. The pattern starts with a long green (or white) candle, indicating that the buyers have control of the #market. This is followed by a small candlestick, either bullish or bearish, that #opens and closes within the real body of the first candle. The small candlestick indicates indecision in the market. The pattern concludes with a long red (or black) candle, indicating that the sellers have taken #control of the market.
What does that means and how to interpret ?
Traders and #investors interpret this pattern as a signal to go short or sell, expecting a potential downtrend in the market. However, as with any candlestick pattern, the #evening star pattern should be used in combination with other #technical indicators and #fundamental analysis to confirm trading decisions