⚡FAST SCALPS⚡

2023-03-30 19:22:48 alts market capitalization

Currently we are testing the descending resistance on daily timeframe

Looking for at least mini altseason if we do flip above the one
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@fastscalps Open / Comment

2023-03-30 16:10:25 Bearish Diamond chart pattern

A variation of the bearish diamond, also known as the diamond top, was described in the previous section.

Traders can view the pattern as a series of up-and-down price swings that resemble a head-and-shoulders pattern structure.

Specifically, the left shoulder and the head will join to form a trend line, while the head and the right shoulder will form a second trend line.

It completes the trend lines for the top of the bearish diamond formation.

Then, for the bottom part, we'll connect the swing lows inside the troughs, forming a V-shape.

In the case of a Bearish Diamond chart pattern, the stop loss should be placed at the previous high of the pattern.

The limitation for the target will be the previous Support level which was formed before by the price action. Open / Comment

2023-03-30 16:09:03 Open / Comment

2023-03-30 16:07:49 Bitcoin Price Analysis: Bulls Eyeing 30127 - 30 March 2023

Bitcoin (BTC/USD) extended its recent glide higher early in the Asian session as the pair once again tested the 28605.40 level, an important technical level associated with selling pressure that commenced at the all-time high of 69000. 

@fastscalps Open / Comment

2023-03-30 14:10:18 IF Bitcoin cycles continue and the next drawdown in the cycle is less than 75%, and we hit higher than 70k, we will be looking at a low of the next cycle around roughly 30-40k. I'm being conservative.

1. Coins coming off exchanges at fastest rate ever
2. Halving
3. Liquidity coming from the top 4 major central banks
4. Self-custody at ATH
5. Lack of trust building, alternatives to dollar narratives building
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@fastscalps Open / Comment

2023-03-30 14:09:40 .....................
@fastscalps Open / Comment

2023-03-30 14:08:59 Bitcoin Fear and Greed Index is 60 Greed
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@fastscalps Open / Comment

2023-03-29 22:33:14 BTC_Update 1W
History is repeating itself
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@fastscalps Open / Comment

2023-03-29 21:21:28 ALTS MARKET CAP ANALYSIS

ALTS market cap is on the verge of a long descending trendline and inverse head and shoulder breakout and making it weak in each attempt at a breakout.

It has already broken the Ichimoku cloud, which is also a bullish trend indication, yet the more strong affirmation would be the double breakout confirmation for a massive bull run in Alts.
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@fastscalps Open / Comment

2023-03-29 15:02:58 MATIC/USDT ANALYSIS

MATIC is bouncing from a strong horizontal, ascending trendline and the Ichimoku cloud support, showing its bullish momentum.

An upward movement is expected for however long it trades above the ongoing solid support.
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@fastscalps Open / Comment