Bitcoin is trading within an ascending channel, we have a falling wedge and also higher lows. Now that prices are trading near support, April is over and the summer yet to come, the possibility for a bullish wave becomes strong. Here I am mapping some support and resistance levels. Bitcoin staying above the blue marked space signals bullish... Any trading...
We are waiting for the capitulation phase... The recovery can be very long (prolonged) and steady... It can take years to reach the same prices as a few months back. But there will surely be a new high... After the bear run! Namaste.
Chromia (CHRBTC) is now producing a 'bounce' after a complex correction. On top of the ABC correction pattern as reversal signal, we also have a strong RSI and the MACD trending upwards... We can also see above average volume on today's candle. The next target is marked on the chart. Namaste.
Hi! I am here about to crack the price action of BTC and based on Fibionacci levels and Minor Support, Minor Resistance and Trend Line Rejection few months back, I am of the view that BTC might tap 44k then retrace to 42K and then experience some serious resistance at 47.5K
In 2022 I see Bitcoin conquering the world... This is the year when we clear all doubts. Not that many people are still doubting us but that they won't be able to doubt us anymore. Not that they realize that we are here to stay but the that the world changed. If the traditional financial markets recover and become strong; that's great, Bitcoin grows. If the...
Here we can see a very strong downtrend that started in April 2021... One year ago. The downtrend ended in March (last month) and we see a strong breakout followed by a retrace with prices now moving weekly back above EMA10. We also have the harmonic pattern... Honestly, I don't know how it is called but this pattern works most of the time... It is pointing...
Siacoin hit its All-Time High vs Bitcoin back in June 2017. Taken from the current price we have a 3200% potential if the same price is hit... But since we are within a higher low long-term, there can also be higher highs... Patience is key. We buy and hold long-term. We trade with patience and love. No margin, no gambling, no jumping...
RSRBTC (Reserve Rights) recently hit its early 2020 support level. As this level was hit, marked blue on this chart, we saw the highest volume in 7 months. Currently, RSRBTC is trading within a higher low and we see potential for prices to grow. Last time, we saw over 888% of growth... Maybe we won't see a bullish wave this time around... But if you are...
We can see ZRXBTC (0x) moving above the MA200 black line... This is a really good and strong bullish signal, high trading volume is still yet to come which tells us that there can be additional growth. As I mentioned in the UNIBTC chart analysis, we look like to near support. Even though we have a strongly bullish chart here, we normally skip this one for the...
It is the trading volume that gives it away. We do have higher lows compared to February and January but what gives it away is the volume. Notice 16-17 April Bitcoin's daily trading volume was really low. As a reversal started to happen April 18 the volume started to grow. This is great news because we are expecting the Altcoins to continue with their growth...
I will start with the same warning as with Litecoin (LTCUSDT), it is still daily and we need confirmation for this analysis/move... Bitcoin is likely to move above $44,444 followed by $48,111 after a candle close above $41,000 today. This is not financial advice. Do your own research before trading. Namaste.
This is looking likely right now after a dull weekend and good volume coming in today. GREEN DAILY CANDLE CLOSURE NEEDED FOR CONFIRMATION. If we close green today and above $111.1 we are very likely to see Litecoin (LTCUSDT) hit $125 followed by $150... It is still early though so confirmation is needed. Namaste.
Here we have AAVEUSDT on a very tricky spot. It just came out of a descending channel and is trading above EMA21/EMA10 with a strong RSI... But there is no volume... I just shared a chart for TOTAL and BTCUSD with some early bullish signals developing... If the bulls follow up, we can also see AAVEUSDT/AAVEBTC grow. But if there is no follow up, this pair and...
Short-term action is pointing towards a bullish jump... We have higher lows since 11-April. We have a decisive candle here marked purple... Now prices are growing above EMA10 while the sentiment is dull. With bullish indicators and people looking the other way... It is the perfect time for a sudden price jump. Bitcoin can easily just $40,790 followed by...
It looks like Dogecoin can grow vs Bitcoin... It has gone through a very long and painful year long correction. The peak/ATH happened May 2021. There is plenty of room available for growth but if the March 2022 low is taken out there can be more correction before a new bullish wave shows up. I think the bullish wave can happen... In time we will know for sure. Namaste.
BTC.D trading below EMA10 holding one final support... If it breaks, we will witness a strong drop. The RSI is very weak as you can see... We have the SPX correlation and you can see my previous bearish BTC trade ideas which supports this chart. We have bullish and bearish waves. Bullish wave March. Bearish wave April. We can expect another bullish wave...
PIVXBTC is breaking out of a major downtrend that started back in 2018... A more recent price peak was hit in March 2021... Things are starting to turn. Patience is key. Here is the previous chart where we spotted the bottom by just a few days... Thank you for reading. This is not financial advice. Namaste.
We are seeing many altcoins recover after a just a few short days (2 weeks max) of correction... We have good potential for a new high since we are getting higher lows. You can find more details on the chart. Previous trade idea 27-February Thank you for reading. Thanks for the support. Namaste.