CryptoAtlasAcademy

I love this chart and I entered a long trade on futures. After a sharp decline of the price we are retesting a huge weekly demand zone, we saw the volume really spike up on this area. If Ethereum continues its run which I believe so, I think Rune could really perform well. It is a swing trade so I am going to keep this position open for a few months and see how it develops. Like and share guys and leave your thoughts on the comment section! See you on the next one.

Bitcoin price has been consolidating 4 months now, it is already touching oversold territory and we have fallen under the 200EMA We have seen this scenario before where we fall under the 200EMA and we have seen a price reversal afterwards. I think this could be a beartrap where short sellers will enter their positions a bit too late when they should be taking profits by now, we have seen some liquidity grab under the lower trendline leaving a nice hammer daily candle indicating some buy pressure is coming to the market, we will see what happens but I think we can set a nice long position, only time will tell.Partial profit closed TP1

Bitcoin broke the trend under the 20 day and 50 day moving averages, we have retested the same moving averages and the price found a bit of resistance this time. My first scenario if we break down the support at 60K is continuation to the downside between 50-52K range however we could see liquidity hunt under 60K support and continuation to the upside.

Of course not! Bitcoin looks like it wants to take a break, maybe re visit the 20/50 day moving averages the 0.5/0.618 Fibonacci level. I think this would be a healthy move for continuation to the upside and a good buying opportunity, specially to look for some good set ups in altcoins. What are your thoughts? Comment below👇🏼We reached the area of support that I was anticipating

Today 614 million dollars have been liquidated, bulls lost that amount of money in their long positions. After such liquidation I would not be surprised if we get a local bounce specially if we close above the support leaving that wick underneath, sweeping for liquidity. We can see how the volume increased in the drop, confirming those liquidations. Price formed a bear flag pattern and broke down, I think a retest to the lower trendline of the broken flag is possible but I will need some more time to see what structure forms up in the meantime I focus on the important support area that we are in that we tested several occasions which isn't a good sign, but I believe there is potential for some local pull back. We are still in a bear market and I do not think this is the bottom.

The price of Binance Coin had a nice rally and now the RSI is on overbought area, price has reached a strong resistance area in where sellers were interested in previous occasions. The volume has increased and we can see nice wicks on top of the candles I think this is a premium area for selling opportunities. Comment below your thoughts and questions! Give us a boost and share with your friends if you find our analysis useful, that would be of great support!

Dogecoin is hyped and FOMO will kick in. We have seen the price rising around 140% from the major support and we are now very close to the major resistance area where sellers have stepped in before. As an example look at the previous times we tested this same resistance spiking over those levels and volume increasing. Ideally I would like to see something similar to play out or me to open a short position: a spike above these levels with volume increasing accordingly and rejection would be my preconditions to open my trade. Comment below your thoughts and questions! Give us a boost and share with your friends if you find our analysis useful, that would be of great support!

Ethereum price rose 40% from the support, we are approaching a key pivotal area, strong resistance area. If price spikes above the resistance and shows rejection could mean liquidity has been collected and drop could happen. Remember we are still in a bear market and we have big news events coming up in the coming weeks. I will open a short position if we approach higher to the resistance levels. Comment below your thoughts and questions! Give us a boost and share with your friends if you find our analysis useful, that would be of great support!

After CPI numbers came out we saw the price faking out the bears, we saw an spike under the support and volume increased sharply giving us confirmation of a possible bear trap in play. We have broken a local descending channel and we are now approaching the descending trendline. If we manage to break above, I have two possible targets $20,500 resistance area and $22,700 area. The sell off before the news could have created the perfect opportunity to buy once the news came out and fear spread. Comment below your thoughts and questions! Give us a boost and share with your friends if you find our analysis useful, that would be of great support!Price retraced and found support on the 0.786 fib level and now is trying to break the trendline.Took longer than expected for the breakout, at the end we managed to profit of a long position.

📰With CPI (Consumer Price Index) numbers coming out tomorrow and PPI (Producer Price Index) rising 0.4% in September we could be preparing the next big move of Bitcoin. The release of this numbers could be the catalyst. 📊Lets look at the chart: • Descending triangle, a bearish chart pattern. • Price holding above $18,000 support area. • 2 targets to the upside if we break the trendline: $22,000 and $25,000 resistance areas. • If we lose the support we are currently holding we could see a sharp decline to next support area $12,000 ✅In both scenarios opportunity arises.Bitcoin pushing towards the support after CPIBullish scenario played out, I think is possible to retest $22,000 resistance area.