That one played out fast. May open at 60651 crossed in a quick dump. Volume is good. Worth watching lower timeframes for reversal patterns (sign of a dead cat bounce). But keep in mind higher timeframes - till no bullish signs there bias remains bearish.
π Wise Analyze π
So Dollar Index keep on following my drawing. Nearest target zone 105.4-105.7 That will be the zone capable to reject DXY back down. But no guarantees. If things get worse we might see it above 107.6 in a couple of months. @WiseAnalyze #DXY #ta #update
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π Ethereum chart review π
Ethereum lost developing quarter VWAP. Sad moment. But that was somewhat expected. From here we may expect the following scenarios.
* Bulls buy the dip and push ETH back above February close at 3343 - surprisingly bullish that scenario might be caused by ETH ETF news or whatever. The only scenario to save market from long bearish summer
* Price continue exploring the dips. Nearest zone is in between 3262 and 3150. So the top of it already tapped. The rest for the following days.
* Continuation of previous scenario where ETH continues towards the bottom of the range at 2800-2930
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@WiseAnalyze #ETH #ta
Ethereum lost developing quarter VWAP. Sad moment. But that was somewhat expected. From here we may expect the following scenarios.
* Bulls buy the dip and push ETH back above February close at 3343 - surprisingly bullish that scenario might be caused by ETH ETF news or whatever. The only scenario to save market from long bearish summer
* Price continue exploring the dips. Nearest zone is in between 3262 and 3150. So the top of it already tapped. The rest for the following days.
* Continuation of previous scenario where ETH continues towards the bottom of the range at 2800-2930
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@WiseAnalyze #ETH #ta
In general I feel that for safe trading we should give market some time to lose bearish momentum and let bull whales show themselves and give confidence to the crowd. But if you are bored, this is setup for 2:1 at least. Has FA news and chart looks ok.
π Taking GMT Long under 0.1594
π© SL on 4H close below 0.148 (-7.16% - invest 7% per 0.5% capital risk)
Risk Reward levels:
R1 - 0.1709 (SL to BE)
R2 - 0.1823
R3 - 0.1937
R4 - 0.2051
@WiseAnalyze #GMT #trade
π Taking GMT Long under 0.1594
π© SL on 4H close below 0.148 (-7.16% - invest 7% per 0.5% capital risk)
Risk Reward levels:
R1 - 0.1709 (SL to BE)
R2 - 0.1823
R3 - 0.1937
R4 - 0.2051
@WiseAnalyze #GMT #trade
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#ETHBTC chart is one of major indicators for altcoins market bias. And on week timeframe it look decent. So far its a bull flag and sooner or later it should explode towards "red" zone above around 0.06 (and that will start an altseason) π
I've been buying it in several steps and pretty happy by now - average price 0.05036
Partial profit taken on that bounce and next TP is above 0.0612
@WiseAnalyze #ETH #ta
I've been buying it in several steps and pretty happy by now - average price 0.05036
Partial profit taken on that bounce and next TP is above 0.0612
@WiseAnalyze #ETH #ta
GME look very attractive for a bounce. Wide gap above at 0.0095-0.0113 act like a magnet to price.
At the same time, if market will have another dip, GME should drop down to 0.0042-0.0050 area. Can be taken for new entries or DCA.
@WiseAnalyze #GME #ta
At the same time, if market will have another dip, GME should drop down to 0.0042-0.0050 area. Can be taken for new entries or DCA.
@WiseAnalyze #GME #ta
π Bitcoin Daily π
Bitcoin cleared liquidity above second liquidity pool at 62440 β Got rejected from developing quarter VWAP VAL. Now price most probably will move towards 60650-60150 zone. The rest depends on price action there.
Situation remains the same and requires patience. Day candle closed bullish, but to confirm that potential for reversal, BTC got to stay/close above 60k during the following days as well.
Week close above ~60622 - 59600 will increase chances for a bounce from range bottom. Close below will keep momentum to dip lower. That is the only thing we can say now for sure.
Nearest liquidity pools:
above - 62540 / 63260 / 64920 / 66560
below - 60980 / 60630 / 59440 / 56850
Lines on the chart:
πΈ67577 - May close
πΈ63195 - week open
πΈ60651 - April close
πΈ59112 - March low
πΈ56537 - May low
πΈ53245 - Nov'21 low
Trend: D π½ W πΌ M πΌ
π€ F&G: 46 < 30 < 51 < 53 < 63
Useful links: Alts Watchlist | Forex | Twitter | Instagram | YouTube
Support this channel - sign up to BingX exchange with 20% discount on fees. Trade Crypto, Forex and Commodities all in one place π₯
@WiseAnalyze #BTC #Bitcoin #important #ta
Bitcoin cleared liquidity above second liquidity pool at 62440 β Got rejected from developing quarter VWAP VAL. Now price most probably will move towards 60650-60150 zone. The rest depends on price action there.
Situation remains the same and requires patience. Day candle closed bullish, but to confirm that potential for reversal, BTC got to stay/close above 60k during the following days as well.
Week close above ~60622 - 59600 will increase chances for a bounce from range bottom. Close below will keep momentum to dip lower. That is the only thing we can say now for sure.
Nearest liquidity pools:
above - 62540 / 63260 / 64920 / 66560
below - 60980 / 60630 / 59440 / 56850
Lines on the chart:
πΈ67577 - May close
πΈ63195 - week open
πΈ60651 - April close
πΈ59112 - March low
πΈ56537 - May low
πΈ53245 - Nov'21 low
Trend: D π½ W πΌ M πΌ
π€ F&G: 46 < 30 < 51 < 53 < 63
Useful links: Alts Watchlist | Forex | Twitter | Instagram | YouTube
Support this channel - sign up to BingX exchange with 20% discount on fees. Trade Crypto, Forex and Commodities all in one place π₯
@WiseAnalyze #BTC #Bitcoin #important #ta
π Wise Analyze π
π Bitcoin Daily π Bitcoin cleared liquidity above second liquidity pool at 62440 β
Got rejected from developing quarter VWAP VAL. Now price most probably will move towards 60650-60150 zone. The rest depends on price action there. Situation remains the sameβ¦
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Video review for Bitcoin month and week timeframes
https://youtu.be/sxVR-eAjolc
Don't forget to "like" and "subscribe" there ππΌ
@WiseAnalyze #BTC #Bitcoin #important #ta #video
https://youtu.be/sxVR-eAjolc
Don't forget to "like" and "subscribe" there ππΌ
@WiseAnalyze #BTC #Bitcoin #important #ta #video
YouTube
Bitcoin at the edge!!! Next 53k or bounce back to ATH.
Zoom out with me to see perspectives for the nearest 2 months and Autumn bullishness.
π₯ Regular updates in my FREE Telegram - https://www.tg-me.com/+BWHiYPR8dWM1YTYy
If you like this video, support my work by using ref links for my partner exchanges (first fourβ¦
π₯ Regular updates in my FREE Telegram - https://www.tg-me.com/+BWHiYPR8dWM1YTYy
If you like this video, support my work by using ref links for my partner exchanges (first fourβ¦
Forwarded from Wise Analyze Premium
SOL dipped under 127 and now 15% up from that dip. I see two scenarios.
One is breakout from that lower timeframe bull flag straight to 148.
Another one is that current move will get rejected and that will push SOL below 134.8 to gain liquidity there. In this case new entries are good only around and under 132.5
@WiseAnalyze #SOL #update
One is breakout from that lower timeframe bull flag straight to 148.
Another one is that current move will get rejected and that will push SOL below 134.8 to gain liquidity there. In this case new entries are good only around and under 132.5
@WiseAnalyze #SOL #update
π Wise Analyze π
The way Dollar Index behave now confirms short term forecast for BTC @WiseAnalyze #DXY #ta #update
Dollar index reached target level at 105.7 (which I posted two weeks ago) β
That was the middle of bear order block on Day TF. Decisive moment (or better to say days ahead). If rejection will be confirmed, everything will be free to fly. But if month close above that level, July will be bearish for crypto. One or another.
@WiseAnalyze #DXY #ta #update
That was the middle of bear order block on Day TF. Decisive moment (or better to say days ahead). If rejection will be confirmed, everything will be free to fly. But if month close above that level, July will be bearish for crypto. One or another.
@WiseAnalyze #DXY #ta #update
VANECK applied to SEC for launch of Solana Trust (that means first SOL ETF in USA)
(link to document)
@WiseAnalyze #SOL #news
(link to document)
@WiseAnalyze #SOL #news
π Wise Analyze π
π¬ Chat chart request π¬ BOME has support at ~0.0094 and nearest resistance at ~0.01111 (May POC). Above it wide fair value gap up to 0.013 - middle of FVG around 0.0125 is potential target if on that bounce BOME manage to break through nearest SR zone. βπΌβ¦
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