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Dyor

BTC - 4H (BIAS- BEARISH) 21.12.20BTC failed to create HL(higher low) as I mentioned on my previous post. Instead created a key support at 46k area. However at current price action BTC is creating descending triangle which is considered as bearish pattern but break above the pattern is also possible. To confirm the move a breakout is a must. NOTE: I am not financial advisor. This is all based on my opinion, price might still go the other way, it is always better to manage your risk first before entering a trade.
Short
by CryptoBasic_
ETH - 4H(BIAS: SIDEWAYS)21.12.16As advised from my previous post, confirmation is necessary to confirm the bearish trend of ETH specifically if it will respect the 3853 area(support turned resistance). Patience is the key! We can see on the current price action that we had a bear trap and evidence of price failure to break below 3669 area(with arrows). This opens up a possibility of price bounce up to 4784 area to confirm this move we must wait price to create HL(higher Low. This would be also the ideal long entry for short term trade. My overall sentiment is still sideways unless we see a clear break out on major key levels. NOTE: I am not financial advisor. This is all based on my opinion, price might still go the other way, it is always better to manage your risk first before entering a trade.
by CryptoBasic_
BTC - 4H (BIAS- BEARISH) 21.12.16As mention on my post last 21.12.14 Since we observed bearish depletion we might see BTC price bounce up to 52030 area. If you also check the area with arrows we can see the evidence of price failure to break below 46241 area. We can confirm this move once it created HL(Higher low). This would be also ideal long entry for short term trade, conservative TP would be lower than 52K area. As price might respect the 52030 resistance and continue its overall sentiment which is bearish (You can also short entry here). NOTE: I am not financial advisor. This is all based on my opinion, price might still go the other way, it is always better to manage your risk first before entering a trade.
Short
by CryptoBasic_
A dubious speculationWatching MA 20/100 BLX / Support at 20 seems to be broken or about to be broken, BTC may surprise us by presenting this one last opportunity of accumulation whilst the big boys are entering the space slowly. There is a major power shift of power happening right now in Crypto space and I personally would like to request everyone and specially retail buyers to be alert and do not loose hope in BTC, even if we bag profits we need to keep that in mind that we cant ignore or abandon BTC and ETH coz if we did, you will witness a heavy centralised and controlled environment in future and we will indirectly loose it. Imagine if one or few entities hold the big bags what will happen, stuff will be or it is already getting ready to be backed by these two major crypto assets we know as BTC and ETH, but what will happen ? So please buy back what you sell and buy more at a zone that is at your comfort or allowance, we need to keep these two assets for and by the community! I also hope that all big players and entities work closely with the regulators so that the message can get across in a clear manner that we all want this space to be embraced by the world and make it better for all so that an average person can feel safe to participate in crypto. Disclaimer: This is just my personal opinion and I am not a financial advisor nor do I have any knowledge of technical analysis, please, please do your own research, this is highly risky and volatile space and you can loose each and every cent that you invest so only invest what you can afford to loose completely!!!
BNC:BLX
by cryptonuby
Another discount before we explode?Shiba moving along nicely, up 10% since our nice little green hammer formed. On our Phoenix Ascending indicator I am seeing potential for a little more downward movement before we pump. The green is crossing the red rsi moving downward and we can see the white energy is up over the green. RSI took a little dip, but again this can make way for higher gains, if the asset is overvalued before it climbs there is less stability in its rise. MACD starting to climb out from underneath the zero line but not above yet. Takeaway for me is, still lookin for a pretty massive rally to the upside coming up, but maybe we get another Shiba Fire Sale before it kicks off. DYOR and don't be scared or overconfident in 10%-20% or even 30% moves in either direction. This is crypto, right now its still a game the super rich who have a firm grip on price action and they want to take your tokens. Don't let them!! Be smart, be patient, and know what you are invested in.
Long
by Turtle_Lightz
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