Melupira89

Melupira89

The price is marking new highs relating to the intermediate period, this macd, as I have written several times, is configured for the intermediate period (approximately 3 months). At this moment the indicator is marking new highs compared to those made in December 2023, so it is telling us good news, because this in progress could be a new bullish "leg", a new...

Melupira89

Week that ends with a candle of indecision, the price after a two-week ride has found a level on which to rest. The market is currently recharging its batteries for the next attack on the resistance at 58k USD, which I consider to be much more important than the one it stopped at this week. A scenario that seems to be taking hold when looking at the data on...

Melupira89

After a very powerful acceleration, the price found a short-term resistance where it could take a breather. This has thrown a bit of fear into many people, I think it's normal. The tension is high and therefore in some cases the fear of lost profit or mental tiredness sets in. Holding a position open for a long time takes up a lot of energy, so it's okay to take...

Melupira89

The weekly close that the price has drawn is a good signal given that it closed above the previous high made with a shooting star, therefore the short-term retracement is over and we could see weekly candles of +10%. The market here is cleaning up some excess due to the rise and break of the previous highs at 49k USD, therefore in the short term or rather very...

Melupira89

With the explosion of the rise that broke the old highs relating to the intermediate period, the price proves to have reliable bullish strength. The Macd highlights that with this crossing, between the signal line and its moving average above the zero line, the short-term correction could be over, therefore a resumption of the upward path again in the intermediate...

Melupira89

Weekly candle that expresses volatility and directionality, the perfect mix for a strong and constant trend. The rise is evident to everyone now, a break of the highs at 49k usd would lead to the test of the highest resistances such as 58k usd for example. This scenario would put an end to the intermediate-term correction and with a resumption of the bullish...

Melupira89

It's been a while since I published an analysis with a 1h timeframe. Well, the price of btc created a lateral trend (from 30 sessions upwards), establishing two levels in which it moved for a week, then the breaking of one of the levels brought a resumption of the rise and an increase in directionality associated with volatility, with a break visible to all. In...

Melupira89

With the exceeding of 43.8k usd which is the maximum achieved last week, an attack on the most important resistances could take place or perhaps directly at the maximums achieved in January, this or next week. The hammer from two weeks ago, which requires confirmation, needs a close higher than this high taken into consideration today, because at that point the...

Melupira89

With a candle that can be seen as a hammer, the price closed the gap by taking buy orders that were in the majority compared to sells, the candle is evident. In the related analysis I had written that it would be a very useful level, given that gaps often work well as supports or resistances, in this case it has become a very useful support, a perforation of the...

Melupira89

January ended with a Doji candle, a symbol of uncertainty and often when seen on the tops a prelude to reversals. But for a reversal of the trend, confirmation will be needed and we know that the underlying trend is bullish, so in this context we can use the doji candle to understand whether it will make a retracement or not, using the highs and lows of the...

Melupira89

Does the macd indicate weakness of the short-term correction, is the decline over? A rise now could also bring the price above 49k USD, but tomorrow's FED meeting will affect the direction of the price in the short term, so we have to wait to understand just how many cuts they will make on interest rates this year. Once this event has passed, I hypothesize a...

Melupira89 Updated 

The weekly candle here broke the all-time high, so I decided to go long on this breakout, because this candle signals a lot of bullish strength and the trend in all of its trend types is up. Here I enter long with a stop at -30% R / R 1/3 but I don't set price targets, only time targets, I would say within 2/4 months. Further updates coming soon. If you liked...

Melupira89 Updated 

Hi, I'm starting to experience the things I learned about technical analysis with this trade, the weekly candle closed on Sunday shows indecision, however after breaking an important trend line, we also see a triangle that could be reversal if confirmed, so I enter on the pull back, stop at -30% below $ 70, target $ 231 within 3 months, R / R: 1/3 weekly updates...

Melupira89 Updated 

The weekly candle here broke the all time high, so I decided to go long on this breakout. The price has probably broken a well-defined range, so a purely continuation pattern such as a rectangle could be used for a trade with a Risk / Reward greater than or equal to 1/3. Within long with stop at -30% and time target instead of price, I say within 2 months from...

Melupira89 Updated 

I open a buy order on this continuation figure, the trend allows me to keep a fairly large stop loss at about -30% below $ 15; Excellent R / R over the medium term. The MACD below slightly lags the possibility that the trend will continue to rise. If you liked this analysis, help me to improve them more and more, donate here:...

Melupira89 Updated 

The weekly candle here has shown the strength of ADA is not decreasing, indeed it seems to really want to break this resistance that it has not seen for more than two years, here in my opinion there is the margin to make a trade in long with a stop at -30% around 22 cents, with r / r 1/3 and a minimum target of 60 cents, but I don't want to have a price target,...

Melupira89 Updated 

There is the possibility of making a trade on the break of the maximums of this analysis, the stop at -30 / -35% around $ 35 which given the quality of the movement in progress can bring an r / r higher than 1/3 , time to keep the trade open 1/2 months, because it is riskier than the others, I entered at $ 38, in case you can expect a small retracement to $ 49,...