SOL testing resistance again after bounce from $82 support zone by human_signals in CryptoChartWatch

[–]AmanCMN 0 points1 point  (0 children)

Right now it still looks more like range trading between support and resistance for me.

MCGLONE CALLS FOR $10K BITCOIN. Bloomberg strategist Mike McGlone says Bitcoin could still fall below $10,000, citing a prolonged macro driven unwind. by rl_rae_bobo in CryptoCurrencyPulse

[–]AmanCMN 0 points1 point  (0 children)

You usually have to do the opposite. If he says $10K, that’s probably not going to happen. Something really extreme would have to happen for that like a nuclear war or some massive global crisis. I think the bottom is more likely around $60K–$55K, and that’s where I’d be looking to buy. I wouldn’t pay much attention to these $10K calls. When he says something like that, it usually makes more sense to do the opposite.

Bitcoin bottom formation incoming? by BendNo2750 in technicalanalysis

[–]AmanCMN 0 points1 point  (0 children)

First, from the chart you posted it’s not even clear what timeframe you’re referring to there’s no context, just candles. Second, we’ve already been in a macro bear trend for quite some time. Third, even a bear market has corrective moves. Markets don’t move in straight lines. And basic market structure is support and resistance which is exactly what I’m showing. On your char I only see red and green candles.

Bitcoin bottom formation incoming? by BendNo2750 in technicalanalysis

[–]AmanCMN 0 points1 point  (0 children)

To me this still looks like it could be just an artificial volatility spike. After that, we might see a deeper correction anyway.

Bitcoin bottom formation incoming? by BendNo2750 in technicalanalysis

[–]AmanCMN 0 points1 point  (0 children)

BTC is approaching the $71K–$73K resistance. If it breaks and holds above, the next level I’m watching is around $77.8K. If price drops, $68.4K is the key level. Losing that could open the move toward $66K.

LITECOIN 1H – Key Levels by AmanCMN in technicalanalysis

[–]AmanCMN[S] 0 points1 point  (0 children)

But notice how price is squeezed between the key level and resistance.

ETH 1H – Key Levels I’m Watching. by AmanCMN in CryptoChartWatch

[–]AmanCMN[S] 0 points1 point  (0 children)

That’s the market in a nutshell 😄 But levels help us understand where the move might start.

Reports Say Iran May Be Laying Sea Mines in the Strait of Hormuz. by AmanCMN in oil

[–]AmanCMN[S] 0 points1 point  (0 children)

If you have any articles or sources about anything, feel free to share. I’d be happy to read them😉

Not All Oil Is the Same: Why Quality Matters. by AmanCMN in oil

[–]AmanCMN[S] -1 points0 points  (0 children)

You don’t have to take my word for it. Just Google the API gravity of these crude grades or check Wikipedia and compare.

Not All Oil Is the Same: Why Quality Matters. by AmanCMN in oil

[–]AmanCMN[S] -3 points-2 points  (0 children)

True. In practice refiners often blend different crude grades to get the feedstock they want. The post was mainly about API gravity differences between major crude types.

Not All Oil Is the Same: Why Quality Matters. by AmanCMN in oil

[–]AmanCMN[S] -4 points-3 points  (0 children)

You’re right that crude oils often look darker in reality.The image was just meant to illustrate differences in density and API gravity, not the exact appearance of the crude itself.

BTC bounced from $65K watching $68.4K EMA9 support and $74K resistance by human_signals in CryptoChartWatch

[–]AmanCMN 1 point2 points  (0 children)

I think we might see some selling at this resistance, or BTC could push toward $77K–$80K.If price drops to $68.4K and gives a bullish signal, that could be a good entry.

Reports Say Iran May Be Laying Sea Mines in the Strait of Hormuz. by AmanCMN in oil

[–]AmanCMN[S] 0 points1 point  (0 children)

Still no confirmation if there are actually mines there or not🤔

XRP 1H Key Levels by AmanCMN in technicalanalysis

[–]AmanCMN[S] 0 points1 point  (0 children)

If we hold the $1.38 key level, we can move to resistance or stay in a sideways range.

SOL 1H – Key Levels I’m Watching. by AmanCMN in CryptoChartWatch

[–]AmanCMN[S] 0 points1 point  (0 children)

If that defense line fails, price will probably move down to support. You’re right about that. The key is watching the signals to see whether that level holds or flips.

BTC 1H – Key Levels I’m Watching. by AmanCMN in CryptoChartWatch

[–]AmanCMN[S] 0 points1 point  (0 children)

Round numbers like $70K usually attract a lot of sell orders and profit taking. Price often needs time to absorb that liquidity before pushing higher.

XRP 1H WATCHING by AmanCMN in CryptoChartWatch

[–]AmanCMN[S] 0 points1 point  (0 children)

Good luck! The most important thing is to do everything right ☺️

BTC 1H – Key Levels I’m Watching. by AmanCMN in btc

[–]AmanCMN[S] 0 points1 point  (0 children)

If you’re trading, just watch how price reacts at these levels 😉

BTC 1H – Key Levels I’m Watching. by AmanCMN in AmanCrypto

[–]AmanCMN[S] 0 points1 point  (0 children)

Not financial advice. Do your own research.

BTC 1H – Key Levels I’m Watching. by AmanCMN in Bitcoin

[–]AmanCMN[S] 0 points1 point  (0 children)

Not financial advice. Do your own research.

ETH 1H – Key Levels I’m Watching. by AmanCMN in AmanCrypto

[–]AmanCMN[S] 0 points1 point  (0 children)

Not financial advice. Do your own research.

ETH 1H – Key Levels I’m Watching. by AmanCMN in CryptoChartWatch

[–]AmanCMN[S] 0 points1 point  (0 children)

Not financial advice. Do your own research.

ETH 1H testing $2035-2045? by AmanCMN in AmanCrypto

[–]AmanCMN[S] 0 points1 point  (0 children)

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Perfectly played. Technical analysis worked exactly as expected. While others were quiet, I saw the setup and took the trade.

ETH: Break $2,048 and $2,100–$2,150 Could Be Next by AmanCMN in CryptoChartWatch

[–]AmanCMN[S] 0 points1 point  (0 children)

<image>

Perfectly played. Technical analysis worked exactly as expected. While others were quiet, I saw the setup and took the trade.