ShawnMCR

📊 LIT moved 25% up, retesting resistance! Hello, dear TradingView members . This idea is a LIT analysis. LIT moved 25% today, retesting the resistance area for the third time recently. RSI is still in the Neutral area and doesn't hint at overbought. The Bollinger Bands become vast but not overbought, and the support of the middle band can push the price up. Scenario one: The price will push straight up or use support to break the resistance to the potential target levels. Scenario two: The price will become overbought before making any moves on the resistance area and will fall on support The Speedometer indicator shows Buy volumes on the market for LIT on a 1D interval. Now have in mind: ANY news about this coin can cause a big pump or dump at this moment! Let me know if you guys have any questions; I will be more than happy to help. Good luck, and thank you.

📈 Bitcoin continues falling! Here is a quick update. Hello, dear TradingView members . This idea is a Bitcoin analysis for the Bulls. Bitcoin has continued the downtrend and made another descending move. This update is to inform you about the local key levels which can cause pumps or dumps. There are two support levels on the way down and two resistance levels on the way up. The 20K area would push down on price if it tried to back up as a pullback. For deeper information read this chart: Let me know if you guys have any questions; I will be more than happy to help. Good luck, and thank you.

📊 STORJ with its 27% pump retesting resistance. Hello, dear TradingView members . This idea is a STORJ analysis. STORJ made a 27% ascending moving towards the resistance area , and it's been testing that level for a few hours. While the Bollinger Bands are getting pushed up, the market is becoming overbought, as RSI hints. Overall, we have good support for now. Scenario one: The price will wither push up to the resistance levels and the target shown on the chart or get another support for a stronger pump. Scenario two: The price will become overbought, rejected by resistance, and fall on support. The Speedometer indicator shows Sell volumes on the market for STORJ on a 1D interval. RSI is also hinting at an Overbought market. Now have in mind: ANY news about this coin can cause a big pump or dump at this moment! Let me know if you guys have any questions; I will be more than happy to help. Good luck, and thank you.

💡 My most essential Bitcoin idea. (Tutorial and Analysis) Hello, dear TradingView members . This idea is an important idea about Bitcoin . 200W EMA is broken. 200W MA was not what held the price up, and it will not push it back up either. At least not by itself. This support that held the price up today was mainly because of the ATH in the first week of December 2017. When we analyze an asset that once was worth around 60 THOUSAND dollars per share, we cannot just use EMA or, even worse: a single MA to say if it is going up or down. Sure we all have our errors while doing analysis, but this is simply wrong to just use one indicator to say what will happen to Bitcoin! An asset with the most manipulations and pumps/dumps with a single tweet of a car manufacturer. I am sure EMA is a good indicator (Not MA since it is not as powerful). However, if you are looking for a better way to eliminate the errors, you should use other methods too. Use Fibonacci retracement , RSI , BB, MACD , and other known indicators. I also posted a Bullish scenario, but I used many other factors, which still did not work out and failed. We insist on finding a way to tie our indicators to the movements but not all the time. These indicators are helpful, but sometimes other factors are the key to a better forecast. For example, I have read most of the charts in TradingView about this Bitcoin correction. Only a few of them pointed out that the market had an extreme resistance which caused a long-term resistance in 2017, which is the same level causing this dump rejection. You guys remember the 20K Bitcoin , right? Now back to the analysis: This 20K level is undoubtedly our most substantial support on the way down. Our second support is also shown on the chart, backed by the Fib retracement and the Bollinger Bands . The Third and the last support is around the 13K level, which is also vital; I will talk more about it once we get there. Furthermore, as for our resistance level , watch out for the 200W EMA level! Moreover, the descending trend is forming the RSI right now. Let me know if you guys have any questions; I will be more than happy to help. Good luck, and thank you.

🔔 DUSK got rejected. Another pump is possible! We have support. Hello, dear TradingView members . This idea is a DUSK analysis. DUSK also had a 25% pump but became overbought quickly. The price is consolidating. The Bollinger Bands are broad, and the RSI is Neutral. It was a little soon to post anything about this coin, but since you guys asked me: Our support levels are being powered by Fib levels and lower BB. The RSI is hinting Neutral, which is not bad. The price is slowly decreasing while consolidating, and the RSI is doing the same. I think this coin might get oversold when it reaches support, and we will have a pump. Scenario one: The price will move sideways until it gets support from the lower BB and the pump to the resistance areas. Scenario two: The price will move up without buy volumes, and due to lack of strength, it will fall back on support The Speedometer indicator shows Neutral volumes on the market for DUSK on a 1D interval. RSI is also hinting at a Neutral market. Now have in mind: ANY news about this coin can cause a big pump or dump at this moment! Let me know if you guys have any questions; I will be more than happy to help. Good luck, and thank you.

🏁 UNFI and a 65% pump! What's next? Hello, dear TradingView members . This idea is a UNFI analysis. UNFI gathered enough buy volumes to end the consolidations and start an ascending move and now has hit a 62% pump. The pump was more significant than the volume . That's why it got overbought and rejected by the Bollinger Band . But now, it is still moving up. The Fib level I've shown as resistance can push the price down, but now we have the support of the middle Bollinger band . Scenario one: The price will get support by the middle band or the Fib level and cross the resistance level to the targets I've set on the chart. Scenario two: The resistance level will reject the price due to a lack of buy volumes and land on our support levels. In this case, I'll update this chart. The Speedometer indicator shows Buy volumes on the market for FLM on a 1D interval. RSI is also hinting at Buy Volumes since it's not overbought yet. Now have in mind: ANY news about this coin can cause a big pump or dump at this moment! Let me know if you guys have any questions; I will be more than happy to help. Good luck, and thank you.

🏁 Way Down We Go! Hello, dear TradingView members . This idea is a Bitcoin analysis. So Bitcoin finally pushed down the lower levels and broke support. As I'm posting this chart, the price is pushing down on the lower Bollinger Band , which is a bearish hint. And also, it just broke the 200-Week Moving Average, which was one of the strongest supports. Now, suppose Bitcoin closes a daily candle below the 23K area. In that case, this is officially a correction down to the support levels pointed out in the chart. Now let's say this idea is correct and accurate. I have set three support levels on the chart in three different colors based on their strength. Those levels can be counted as our targets in a bearish scenario. The first support isn't strong enough. It can be broken easily, but the second support is the primary one we have, which is also the gap level we have posted about recently. And support #3 is where the price might land after the panics in the market. YOu see one the price hits the 17K channel, it will cause a psychological dump due to the panic and massive sell volumes. So support #3 is our last support in case this correction happens. In this chart, I have shown where the gaps are and how we can fill them: The main support level we passed which is causing this downtrend is explained here: Let me know if you guys have any questions; I will be more than happy to help. Good luck, and thank you.

🚀 A Bitcoin idea for the Bulls! Hello, dear TradingView members . This idea is a Bitcoin analysis for the Bulls. It has been around 2 months since Bitcoin's price is descending, which is new to the history of cryptocurrency. I think Bitcoin should go down to fill the gaps for a better and healthier market and more substantial ascending moves. Yesterday I posted a chart about Bitcoin's dominance and how the market liquidity is entering Bitcoin while Bitcoin is sitting on support in the 28K area. Here is the post: While posting that chart, I realized the EMA 200-Week is right where the price is after, and this is the first time this has happened since 2020. It can hint that the market might reverse its move to a new ascending channel . I have checked other indicators as well. For example, RSI shows that the market is around the oversold area. Not oversold, but close to it. This is a bullish hint! Another indicator is the Bollinger Bands . Look at the chart; you can see that the lower Bollinger Band now has a tie with our price candle. This also is a bullish hint! Now let's say this idea is correct and accurate. I have set three resistance levels on the chart in three different colors based on their strength. Those levels can be counted as our targets in a bullish scenario. Let me know if you guys have any questions; I will be more than happy to help. Good luck, and thank you.

⌛️ Bitcoin vs. Altcoins? Which will have more power? Hello, dear TradingView members . Here is an idea about Bitcoin and Ethereum and their Dominance. This idea aims to talk about what will happen after the correction ahead of us in the near future. There are four charts on this idea: The first one is the Bitcoin weekly chart. This chart shows that Bitcoin is on edge and pushing down. This descending trend is confirmed by the Elliotte Waves and Fibonacci Retracements levels. The price of Bitcoin has already pulled back from point C to D, and once again got rejected and now is continuing the correction. Once the price gets to the solid support, it might fall even more due to psychological panic in the market. The second chart is the Ethereum weekly chart. This chart also shows that ETHUSDT is pushing down even more and has already crossed vital support levels. However, four of my Fibonacci indicators show that the solid support offered on this chart is powerful and be a good level for opening long positions. The third chart is the Bitcoin Dominance chart. This chart shows that the liquidity in the cryptocurrency market is pouring into the Bitcoin market. This liquidity is coming from Ethereum and other altcoins. This suggests that Bitcoin for future long positions is a better choice since it is becoming more stable than other crypto assets. The fourth chart is the Ethereum Dominance chart. This chart shows the liquidity exiting from the Ethereum (Mother of altcoins) market. When this happens, it clearly means that ETH and other altcoins are becoming weak and less stable than BTC due to the low volume of liquidity and power. To sum it up, our result is: By breaking the Bitcoin Dominance upwards and the Ethereum Dominance breaking down, it can be concluded that bitcoin is in a better position than the altcoins. So Bitcoin will have more growth and less decline than the market. Moreover, we can profit more in long trades from Bitcoins and short transactions from altcoins. In the near future after the corrections, we also use RSI to measure the accuracy of this forecast. This correction is taking place because the market needs to fill the gap. If you need to know about Bitcoin's gaps, this chart might be helpful: If you need to learn how RSI works, this chart might be helpful: If you need to learn how Fibonacci works, this chart might be helpful: I hope this idea can be helpful. Let me know if you guys have any questions; I will be more than happy to help. Good luck, and thank you.

📊 FLM just broke resistance. Will it last? I think so. Hello, dear TradingView members . This idea is an FLM analysis. FLM was retesting the resistance level when I was preparing this char, but it had a pump and broke resistance. Right now, I see two scenarios, and I think the first one is more likely to happen since the price is moving above the safe zone and it's showing overbought signals. Scenario one: The price will get rejected by the new resistance level and consolidate around that zone or fall even lower to the support levels. Scenario two: The price will get more buy volumes, and after a couple of hours, we will see another pump to the highest resistance level . The Bollinger Bands are broad and show overbought signals. The Speedometer indicator shows Buy volumes on the market for FLM on a 1D interval. Now have in mind: ANY news about this coin can cause a big pump or dump at this moment! Let me know if you guys have any questions; I will be more than happy to help. Good luck, and thank you.