Don't forget to upvote/tip and share the post, thanks
You can also support my work at Patreon for more ideas:
https://www.patreon.com/moon333
In order to play and watch the current performance of the chart you need at least a free account on tradingview:
https://www.tradingview.com/gopro/?share_your_love=moon333
KuCoin is one of the best exchange to find crypto gems:
https://www.kucoin.com/ucenter/signup?rcode=rJSDVT3
Link for Binance exchange, to trade crypto:
https://www.binance.com/?ref=11256882
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
In this video you will see the chinese yuan has completed bullish setup to move up against the us dollar
//////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////
My personal blog is:
https://moontripplethree.blogspot.com/
Earn Money for posting articles and content:
PublishOx:
https://www.publish0x.com/@moon333
LBRY:
https://lbry.tv/$/invite/@moon333:b
Uptrennd:
https://www.uptrennd.com/signup/NTI3Nzg
Patreon:
https://patreon.com/invite/xkmjnn read.cash: https://read.cash/r/moon333
Read.cash:
https://read.cash/r/moon333
Steemit:
https://steemit.com/@moon333
///////////////////////////////////////////////////////////////////////////
My social links to follow:
Tradingview link:
https://www.tradingview.com/gopro/?share_your_love=moon333
Facebook:
https://m.facebook.com/Moontriple3
Twitter:
https://twitter.com/moon33367268705
Youtube channe:
https://www.youtube.com/moon333
Telegram: https://t.me/moontripple3
///////////////////////////////////////////////////////////////////////////
Links for best crypto trading exchanges:
Binance:
https://www.binance.com/?ref=11256882
p2pb2b:
https://p2pb2b.io/referral/376549a8-b6e9-4ae7-82c8-34cdba324ebc
#forex #chineseyuan #moon333
If you like the video then don't forget to upvote/tip and share, thanks
You can also support my work at Patreon for more ideas:
https://www.patreon.com/moon333
In order to play and watch the current performance of the chart you need at least a free account on tradingview:
https://www.tradingview.com/gopro/?share_your_love=moon333
KuCoin is one of the best exchange to find crypto gems:
https://www.kucoin.com/ucenter/signup?rcode=rJSDVT3
Link for Binance exchange, to trade crypto:
https://www.binance.com/?ref=11256882
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Trendline support and SMAs:
After the powerful bull run, the price action of Stellar dropped very hard and broke down the uptrend line support. This trend line was working as a long-term market structure for the price line of XLM. After breaking down this trendline support the price action moved at the weekly 50 simple moving average and at the moment it is moving around this SMA. After the 50 simple moving average, there are also 100 and 200 simple moving averages below the price line.
Support and resistance:
The price action of Stellar has a very strong support zone starting from $0.28 to $0.22. If this support zone will be broken down then the price action can move to $0.12 because there is no significant resistance and support between $0.22 to $0.12. Therefore, for the price reversal, it is very important for XLM to save this supports zone.
Bullish harmonic Cypher move:
On the 2-week time frame chart, the price action of XLM has formed a big bullish Cypher pattern. There is also 25 SMA support in the buying zone. As per the Fibonacci sequence the buying and sell targets of this Cypher pattern can be as:
Buy between: $0.3474 to $0.2248
Sell between: $0.4439 to $0.6757
The maximum extent of potential reversal zone $0.2248 can be used as stop loss. As per the above targets, this trade has a big profit possibility of 200%, and the high loss possibility is 36%, however at this time the risk is low as the price action is already close to the end of the buying zone.
Don't forget to upvote/tip the post, thanks
You can also support my work at Patreon for more ideas:
https://www.patreon.com/moon333
In order to play and watch the current performance of the chart you need at least a free account on tradingview:
https://www.tradingview.com/gopro/?share_your_love=moon333
KuCoin is one of the best exchange to find crypto gems:
https://www.kucoin.com/ucenter/signup?rcode=rJSDVT3
Link for Binance exchange, to trade crypto:
https://www.binance.com/?ref=11256882
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Hi dear friends, hope you are well and welcome to the new update on Bitcoin.
Brokedown the triangle:
On the small time frame 4-hourly chart, the price action of Bitcoin was moving in a descending triangle and it was moving very well between the resistance and support of this pattern. After reaching the tip of the triangle the priceline is rejected by the resistance and broke down the support of the triangle.
New falling wedge:
Even though the price action of the leading cryptocurrency has broken down the support of the descending triangle, however, there is another downtrend line support below the candlesticks and the priceline of BTC is not able to break down this new support so far. If we remove the support of the previous descending triangle and use the resistance of the same triangle with the new support, then it has formed a new falling wedge pattern on the 4-hour time frame. Which is a bullish reversal pattern. So far, the price line is moving at the support, if the price action will be reversed from here then it can make another attempt to break out the resistance of this new falling wedge pattern.
Big falling wedge and death cross:
On the daily timeframe chart, the price action of Bitcoin is still moving at the resistance of a big falling wedge pattern and trying to break out the resistance. We have more touches at the resistance than the support, and the more price and will try to break out the resistance the more there will be chances for the breakout. There is also a death cross formation above this big falling wedge pattern but the priceline is still moving sideways within the falling wedge. If the priceline will be able to break out the resistance of the falling wedge then there is a 50 simple moving average working as an additional resistance above the price action.
Harmonic bullish Shark move:
On the 12-hour time frame chart, the price action of Bitcoin has formed a big bullish Shark pattern. For day traders, the buying and sell targets of this Shark pattern can be as below:
Buy between: $32326 to $31792
Sell between: $32894 to $34060
As per the above targets, this trade has a profit possibility of up to 7%, and the loss possibility is 1.7%.
https://www.tradingview.com/chart/BTCUSDT/Ft62VnOO-Bitcoin-BTC-formed-a-bullish-Shark-for-a-reversal-move/
Conclusion:
After breaking down the support of the triangle the formation of a falling wedge on the 4-hourly chart and the formation of a bullish Shark move on the 12-hour chart, can be the indications that price action can break out the resistance of the bigger falling wedge pattern which is formed on the daily time frame chart. In case of break out from this bigger falling wedge pattern, the next target can be $41000, which is the tail of this wedge pattern.
Don't forget to upvote/tip and share the post, thanks
You can also support my work at Patreon for more ideas:
https://www.patreon.com/moon333
In order to play and watch the current performance of the chart you need at least a free account on tradingview:
https://www.tradingview.com/gopro/?share_your_love=moon333
KuCoin is one of the best exchange to find crypto gems:
https://www.kucoin.com/ucenter/signup?rcode=rJSDVT3
Link for Binance exchange, to trade crypto:
https://www.binance.com/?ref=11256882
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
If you like the video then don't forget to upvote/tip and share, thanks
You can also support my work at Patreon for more ideas:
https://www.patreon.com/moon333
In order to play and watch the current performance of the chart you need at least a free account on tradingview:
https://www.tradingview.com/gopro/?share_your_love=moon333
KuCoin is one of the best exchange to find crypto gems:
https://www.kucoin.com/ucenter/signup?rcode=rJSDVT3
Link for Binance exchange, to trade crypto:
https://www.binance.com/?ref=11256882
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Descending triangle:
On a long-term weekly time frame, Theta coin has broken down the support of a descending triangle and als broke down the weekly 100 SMA support. Now it has found a strong price support at $2.25.
Down channel:
Recently Theta has formed a down channel on a daily time frame and getting bounced form the support of this channel. Now if it breaks out the resistance of this channel then it can re-enter the big triangle back.
In order to play and watch the current performance of the chart you need at least a free account on tradingview:
If you like the video then don't forget to upvote/tip and share, thanks
You can also support my work at Patreon for more ideas:
https://www.patreon.com/moon333
In order to play and watch the current performance of the chart you need at least a free account on tradingview:
https://www.tradingview.com/gopro/?share_your_love=moon333
KuCoin is one of the best exchange to find crypto gems:
https://www.kucoin.com/ucenter/signup?rcode=rJSDVT3
Link for Binance exchange, to trade crypto:
https://www.binance.com/?ref=11256882
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
As per Fibonacci sequence, the realistic targets can be:
Potential reversal or buying zone $0.00206 to $0.00133
Fibonacci projection or sell zone $0.00715 to $0.01952
Link for Binance exchange:
https://www.binance.com/?ref=11256882
If you don’t have an account on tradingview then create now to find my all charts there:
https://www.tradingview.com/gopro/?share_your_love=moon333
My personal blog is:
https://moontripplethree.blogspot.com/
Earn Money for posting articles and content:
PublishOx:
https://www.publish0x.com/@moon333
LBRY:
https://lbry.tv/$/invite/@moon333:b
Uptrennd:
https://www.uptrennd.com/signup/NTI3Nzg
Patreon:
https://patreon.com/invite/xkmjnn
read.cash: https://read.cash/r/moon333
Read.cash:
https://read.cash/r/moon333
Steemit:
https://steemit.com/@moon333
///////////////////////////////////////////////////////////////////////////
My social links to follow:
Tradingview link:
https://www.tradingview.com/gopro/?share_your_love=moon333
Facebook:
https://m.facebook.com/Moontriple3
Twitter:
https://twitter.com/moon33367268705
Youtube channe:
https://www.youtube.com/moon333
Telegram: https://t.me/moontripple3
///////////////////////////////////////////////////////////////////////////
Links for best crypto trading exchanges:
Binance:
https://www.binance.com/?ref=11256882
p2pb2b:
https://p2pb2b.io/referral/376549a8-b6e9-4ae7-82c8-34cdba324ebc
#celernetwork #celer #moon333