abanefsobulls

Bitcoin Market Update: BTC .D spiked up last night but is now trading doij. Both Bitcoin and BTC .D trading doji . 📝 BTC .D is teasing the resistance and I expect a dip soon from here though it could take a few days as US stock indices are pushing down and different tech earnings will lead the indices for the next few days. ⚠️ Bitcoin can dip to $21,500 without a big deal as that is our support - this has been mentioned for the past week as a possibility, however, testing it will be better as it will allow Bitcoin to flip that as a support, which would be bullish . As you know $25,000 is the resistance 🤝 The US stock indices will lead the market and altcoins will follow Bitcoin . Intraday: The intraday chart is choppy and still trading between the intraday smaller range area. 1️⃣ A bullish breakout above $23,110 (POI) is required to get a long towards $25,000 - 🚀 Trade position setup has been provided for the above scenario with all necessary information including Entry, Targets, Stop Loss, RR & Criteria to take the trade. 2️⃣ A dip to $22,230 (POI) is also possible before getting a bullish move - 🦞 3️⃣ Below $22,230 (POI) an intraday range breakout will occur to the downside targeting $21,400 & below - 🧸 🚨 I will be carefully monitoring the market sentiment to get a trade. Below $20,950 is a short area too. We now need to wait for the market to lead us.

#RSR, one of the most undervalued coins didn't show a good move in the recent crypto market surge and it seems to be it is going to be its turn. Technicals: - Falling wedge formed. Price already broke the triangle. - RSI and MACD on favor of the bulls. - Guppy EMA showing a bullish sentiment short period EMAs crossing longer period ones. - Volume Decrease + Falling wedge formation = really bullish pattern . - For now it seems the 200EMA is the magnet towards the 38.2% fib resistance at around $0.0057. Before that it should close above the current resistance level of $0.0045 - Volume looking not bad but needs a more momentum. - Price formation looking good and strong for the past 4 to 5 week. - Correctional retracement and a pull back is expected in the middle before reaching all the targets. Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of neither #AbaNefsoBulls nor its subsidiary CTE community, rather it is authored and complied by its founder. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose. With Regards. Nathnael B.

As many of as know $1Inch is one of the crypto projects which didn't show a real pump while many of the crypto space showed a good momentum by the new year. Technically speaking with a pumping RSI movement, a good volume momentum, a cup and handle pattern formation which basically is a bullish one, Super Guppy showing a reversal favor for bulls. If it can keep above the current resistance level both in the mid term and longer term fib levels this is going to work out really well. Current Price : $0.52 Distribution Areas : Target 1 : $0.68 Target 2 : $0.90 Target 3 : 13X to 15X minimum for long term hodl. Disclaimer: The opinion expressed here is not an investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of #AbaNefsoBulls and its subsidiary community #CTE rather it is authored and complied by its founder. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose. With Regards. Nathnael B.

Here is a very nice insight by which I agreed with my WZRD friend. I share it if you guys have some insight and get something from it. Eyes on Bitcoin: Today marks a whale wash out, with panic comes volatility and long wicks. We need clarity and bias, for which the market will give with upcoming price action. As of now, we can see Bitcoin still remains ranging in its Intraday, within a channel. A breakout either side will lead to a trade as the intraday chart shows. ⚠️ What’s more important right now is the daily chart , which is trading as slightly bearish from a WZRD Resistance acting as a range high. A bearish rejection will result in a pullback as the Red Dotted WZRD Projection shows, towards $18,000 which would be totally healthy. 🔑 A special focus should be on S&P , which is rejecting its year long + trendline that I gave you before it had even formed. It is still maintaining this trendline, and the WZRD Support at 3915 would need to hold for bulls to gather more strength to break, if it loses 3915, Bitcoin will have the fuel for $18,000 📝

I dont have much to say about Polygon. It surely is and must be considered as one of the highly rated potential projects. Fundamental wise it surely did show its strength through out the bear market specially by having a well articulated mainstream media coverage while it collaborate with heavy names in different sectors around the world mostly from the developed nations. How about the Technical Aspect? Well, this question surely is dependent on the overall crypto market sentiment. Specially if it is going to be the starting of an alt season #MATIC will be one of the best performers in the market. But what if Bitcoin fails to achieve and continue its strength and go in search of a new lower low. Then it will be a good accumulation opportunity to grab more to our pockets. For now lets try to hear the chart's heart beat looking a little bit closer. In this post I will just raise three main reasons for saying #Matic is showing a bullish alert at least for the long term. 1/ PATTERN FORMATION : The formation of a major triangle consisting of minor neutral triangles is formed. And it just broke out by the past week and trying to continue the momentum in the North direction. Last week's candle also close above a major resistance area at around $0.93 breaking out from the traingle strongly passing the EMA levels. 2/ Guppy Moving Average: This indicator is showing that a bullish sentiment in the market is already here on the 1D chart and the shorter period EMA's are trying to pass past the longer period EMA's which will be considered bullish as far as they are moving below the current price. 3/ RSI: RSI line is looking in a bullish setup and is in a healthy movement in addition to the fact that it crosses the RSI based MA which is a bullish sign by itself. This analysis is mainly consider to view from a Mid to Long Term investment opportunity and more or less for hodling for some time. Accumulation Area : $0.9 - $1.1 Target Area : $2.9+ Mean while, I will give updates on the shorter term sentiments about #Matic. If you agree with this analysis drop a like and share it to someone whom you think will benefit from it. Otherwise please do consider to drop your comments if you have any disagreement on the idea and lets flow the knowledge and benefit mutually. Stay safe blessed. Stay Tuned too.

Let's be fair and honest on this one... Cardano is one of the best blockchain ecosystem out in the sector and it is one of the undervalued projects from the view point of its brighter future. There are so many fundamental and technical indications that #ADA is in a healthy market manner. While the sentiment is positive let's see what specifically highly influencing prediction indications makes this trade sound by which we will raise some technical insights about what I see and you will add your thoughts on it. Since May's trial of a reversal breakout and a sharp rejection of the trail #ADA was in a formation of a major downward channel with a sloppier minor channel formation inside it. By this it has been correcting with the alt coins in the overall sector and actually was a healthy move too. 2023 is the year by which many are considering to be Cardano's year with major community and developer team news expected to be released sooner or later this quarter. Technically speaking the minor channel formed inside the major and higher time frame channel and it is already trying to breakout on the daily time frame. If this or the pull back test after some days trading will successfully keep the position above the resistance the next heavy points to be considered as a resistance are the 0.23 fib level and the the resistance downward trend line of the major downward channel and the 50% fib levels will be the strongest to confirm a longer term bullish move. SMA : looking super bullish for the short term by forming the perfect setup from SMA 5 to SMA 21. MACD : looking bullish with a crossover with the signal line and all MACD , Signal line and Histogram approaching the zero level. Volume : Comparatively going in a healthy manner but needs some more momentum in order to see a stronger candle move. Change of Character : already telling as there is a bullish sentiment. Channel Breakout : The descending channel formed since Mid August is already broken. If #ADA can hold above it, that will be a bullish sentiment too. RSI : Looking to go forward to the overbought area sooner or later and still in favor of the bulls though. Fib Levels : The short term fib reversal level at 23% is already broken. The fib levels which are extended to the far right are the possibly stronger resistance levels for the short term and the one's in the middle of the chart are for the longer term opportunity. Fundamentals : If fundamentals by which the Cardano team including the founder Charles Hoskinson promised to deliver in the first quarter of the year can be achieved on time the following 3 months will be a good greenish celebration days for #ADA hodlers too. I will be updating more on the fundamentals and I will also try to watch it on different time frames and from different perspectives too including additional indicators and pattern formations. Stay Tuned. And drop your thoughts on the idea so that we can learn from each other. Drop a like if you agree with, Drop a comment if you disagree with it. Share if you completely loved it and want others to benefit from it. Thanks for your time. Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of #AbaNefsoBulls rather it is authored and complied by its founder. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose. With Regards. Nathnael B.

Fundamental Aspect AAVE devs just launched $SYRO presale! Holy fck this is huge, one of the most anticipated defi protocols. Full public allocation, no VCs = we get the cheapest price possible here. Easy 10x in next days. Early birds gets the worm 👀🚀 Technical Aspect - Falling wedge formation with a breakout. - MACD signal buying indication with a cross. - SMA working accordingly in favor of bulls both in the short and midterm timeframes. - Volume needs some good momentum. - Break above the falling wedge and staying above the resistance trend line even if it pull backs and retest it is a must to continue in the bullish side of the trend. - RSI looking bullish too. - We are still in an accumulation stage and the next heavy barrier resistance will be around 786% fib level. - Impulsive elliott waves formation is expected. Will be updating this chart to see the possible out comes for the short and mid term scenarios. CTE

#OP is looking in a bullish move in every sentiment flowing with the favor of the bulls currently. I will be back for more detailed info on the overall project but for now just want you to see the possibility of a long position at around $1.03. Mid term target will be at least at around $2.2 -SMA 20 needs to flip above the longer timeframe SMA's. -MACD looking bullish . -RSI looking bullish . -Even though a little bit more energy on volume is needed it looks great on the 4H and 1D chart. - Both symmetric and fallng wedge triangles do already formed by which the falling wedge break is the more bullish lookout in current circumstances. DYOR before making any investments on any asset and this is not a financial advice and do your own research before reaching out for your pockets to invest. CTE

Are we on the process of a megaphone pattern formation? This is just a thought and needs many more confirming indicators and market movement. Let's wait for some developments and I will update the chart. Stay Tuned.

Just exactly as I predicted in my last analysis Bitcoin just goes as expected. A bearish pennant formation on the way. Drop your thoughts on the comments section.