Hello everyone, I invite you to review the one-day chart, LINK in pair with USDT. We will start by defining the main downward trend with the yellow line, then it is worth defining in blue the downward trend channel, which gave a dynamic upward trend for the price, which allowed the price to overcome the main downward trend, while creating a dynamic upward trend...
Hello everyone, I invite you to review the chart of ETH in pair with USDT, taking into account the interval of one day. Let's start by identifying the main downward trend line from which the price came out on top, creating a new, strong upward trend, which the price is currently above. Looking at the current increases in the market, let's now move on to...
Ever since it broke up from the cup and handle pattern that I posted a chart about a week or 2 ago price action has been climbing the measured move line like a staircase this whole time so far. Always a remarkable thing to witness imo. You cant really get a good view of how it has been climbing this line on the previous chart idea I posted on it because its all...
I invite you to review the ETC chart in pair with USDT, on a one-day time frame. First, we will use the yellow line to determine the main upward trend line. However, using blue lines locally, it is worth marking the local upward trend channel in which the price is currently located. Moving on, we can move on to marking the resistance points. And here, after...
Hello everyone, I invite you to check the current situation on BTC in the USDT pair, taking into account the one-day interval. Let's start by defining the upward trend channel in which we are moving using blue lines, and locally it is worth defining the upward trend line. Looking at the current strong growth, it is worth laying out the Fib Retracement grid to...
Almost to the full breakout target of this inverse head and shoulder pattern I posted awhile back. If you view this same pattern on the logarithmic chart it gives you a much higher target around 64-65k but I think the linear chart’s lower target shown here has much higher probability of being reached. Eventually the other target will get reached but we will...
Hello everyone, I invite you to check the situation of BTC's capital domination over the rest of the market. We will start by identifying the downtrend channel where we can see that the chart is moving. Looking at the current growth, it is worth spreading the trend based fib extension grid, thanks to which we can determine significant resistance at the level of...
After the inflow of positive information related to ETF, ETH overcomes the local downward trend line and moves upwards with dynamic movements. After unfolding the Fib Retracment grid, you can see that the price has broken through the resistance at $2,537 and is currently heading towards another very strong resistance at $3,185. Looking the other way, we see...
Hello everyone, I invite you to review the BNB chart. As we can see, after the announcement of the new lanchpad, the price with dynamic movements overcame a strong downward trend line. Also, when we turn on EMA Cross 50 and 200, we will see that the indicator confirms the return to a strong upward trend, now we need to watch whether we will maintain this...
We can see Doge’s price action has just recently breached the top trendline of this channel its been in for so long. Should it validate the breakout the target from here would be a measured move to 13 cents. Of course there’s always a decent chance that this candle could go back under the trendline before it closes, s as always patience must be exercised here. Of...
That pink trendline is super clutch and xrp has closed a daily candle over it with confidence. Bodes well for a breakout confirmation imo. 3 current short term targets to hit here from 3 different patterns with the top one being 91 cents. I’m guessing the blue descending trendline will provide at least some initial resistance though.
I invite you to review the ETH/USDT chart on a one-day interval. Here, using the blue lines, we will define the upward trend channel in which the price is fighting to go higher. It is worth remembering that such a positive breakout from the channel often results in a movement close to the height of the channel itself. In such a situation, we will use the FIb...
We can see that the right shoulder on the FETUSD chart has just now been completed and is retesting the neckline of the inverse head and shoulders for the 1st time upon its completion. Usually in these situations lately especially in the early phases of the bul market, we have seen several other cryptos do a headfake on their first attempt at breaking above the...
Hello everyone, I invite you to check the current situation on BTC in the USDT pair, taking into account the one-day interval. First, we will use blue lines to mark the local upward trend channel in which the BTC price moves at the upper limit of the channel. Then, using the yellow lines, it is worth defining the local channel, the exit from which can result in an...
I invite you to review the chart of LTC in pair with USDT, this time taking into account the one-day time frame. Let's start by defining with the white line the upward trend that holds the price, and then using the blue lines we can mark the local channel of the upward trend in which we are currently located. When we unfold the FIb Retracement grid, we can see...
We can see the current price retracement on xrpusd is starting to form the right shoulder of an inverse head and shoulders pattern.This means that once price bounces and gets firmly above 95 cents or so then maintains that level as support it could trigger a breakout from this inverse head and shoulders pattern. At that point the target would be around $1.55-$1.60...
We can see price action came back down to retest the top trendline of this descending brown channel with exact precision and held above it now for 14 consecutive 1day candle closes. It is very likely to close a 15th consecutive candle here soon. We can see one wick back below the top trendline of the channel that was ultimately supported by the 1 day 5ma(in...
Fresh off the heels of their victory against the SEC, it seems as though it is now very likely this breakout will be confirmed on this cup and handle pattern on the 1 day chart on the GBTC greyscale chart. We can see priceaction has already retested the rimline as solid support before the current big green impulse candle. Also a very nice bullish impulse on the...