Crypto Elder
227 posts

Crypto Elder
@CryptoElder_com
Crypto Elder gives you unparalleled coverage of Crypto Project News & Reviews #Blockchain #Defi Exchange Deals & How To Buys #Binance #Bitvavo #Kucoin











$SPX As charted before, we found resistance at the 200SMA on the daily chart. RSI cooling down as well. Losing momentum. It's important to see how it develops from here. Patiently 🧐


$BNB Played out even better than expected. This is textbook price action. Losing the structure at $300, but finding support at previous structure. Beautiful support+200 SMA confluence at $273 No fancy indicators needed. Pure price action 👌 #DayTrading 🧐 #cryptocurrency


$BTC Rising wedge proved once again to be a strong bearish pattern. (price compression) Losing 22.5k level for now, still waiting for the daily close. Important to not chase candles. Let the price action come to your levels and anticipate🧐 #Bitcoin #DayTrading

$QNT $FXS When you've been in the market for quite a while you start to embrace times like these. Having specific levels to buy and sell takes away all pressure. Stick to your plan and enjoy life Added some QNT and FXS to my longterm bags. #altcoin #daytrading



$QNT I decided to chart one of my all-time favorite projects. QNT is trading at mid resistance of the current trading range. I'm waiting for Quant to choose a side and then watch how PA responds to my support/resistance areas


BNB gained over 40% since 26 July without any decent pullback. Based on all these criteria, I'm shorting this setup. Sorta same setup below current setup. Breakout and beautiful retest of previous highs. #cryptocurrency #BNB


$BTC Bitcoin is currently trading inside this rising wedge, which is considered a bearish pattern. We are currently witnessing a rejection at the resistance. My personal view on the market is that we will first test the area around 22.5k again before a possible next leg up.


Also the S&P 500 is approaching the 200-day SMA and is currently in the overbought area on the RSI 70+ Which for me indicates a possible pullback is on the horizon. If S&P 500 does pullback then the chances of the rising wedge pattern playing out on BTC is pretty likely imo

(1/26) The Global Financial Crisis The 21st century: a unipolar world. The United States of America has began a rapid expansion of its prized possession, the Western financial system. This is the story of economic cataclysm, high stakes triage and the remaking of the world.
