BTS is looking like it's ready for an absolute monster leg up. BIG breakout with volume confirmed on weekly timeframe into bottomed RSI and a bullish butterfly on the daily timeframe. Suspect we'll hit over $1 in the next 3-6 months.
Zilliqa is one of my favourite charts to trade as it runs a very simple pattern generally of pumps and consolidations. Indeed, we've got some history: And now it looks like we've got a massive cup and handle on the weekly chart. This could be a MASSIVE move when this pattern breaks. Volume is declined, RSI is bottomed but relatively still in a strong spot....
The elephant in the room first - Why do I keep bringing up these charts? Well they are acting a weird way. and weird stuff tends to mean something is happening outside of the norm. We've started to see a rapid decline in active shorts on Bitfinex, which coincides with a bounce in btc price. If we look back at the last two spikes - We see clear patterns in each....
Looking at BTC 2H chart, looks like a clear downward compressive channel. Could be a nice shorter term play into the next retrace - as I don't believe the correction is over QUITE yet. But we're close. So play the range because it's so clear and make some money while we wait for the next big adventure to moontown.
Looks Like an Easy play on CHR in the works with volume taking us into a bullflag breakout. NFT sector is moving like someone store is so don't feel bad taking the low hanging fruit. Catch the retrace or market buy now and be a little patient should be an easy pay day for us.
So we can see a breakout on the daily market cap chart, we also have the GreyScale BTC unlock coming up this week. coincidence? Well - maybe not. We see that Longs have stopped growing, this is somewhat odd and generally points to a short term reversal coming. Likewise our shorts are beginning to build. I would expect this to continue up until mid/late this...
Taking a Look at the overall market capitalization for crypto - It looks like there's a couple of interesting things happening. First a Bullish ABCD , this is good. Second is an upward wedge which we are currently retesting the bottom of - also good though our overall position in the wedge could be more ideal. The wedge we're in ends in the next 2 days - meaning...
CHZ is the flagship sportsfan token - with partnerships in a variety of sports most recently the UFC. The chart is looking prime for a huge growth spurt. a series of breakouts - a bullish gartley - a double bottom. These are very good things to see on a chart alone, together they are excellent signs. Buy some CHZ and enjoy the profits.
Let's take a proverbial breathe for a second and look at the big picture in this time of turmoil. proportional to the 2017 bullrun, we're sitting in the same growth and retracement areas representative of the first wave of the bullrun. in 2017 we saw 1k% gains after this point over the course of 154 days, followed by further alt growth in the weeks following...
MTL is showing a massive breakout currently, and with an airdrop coming up for it - and the bank push still in the air, now is the time to get on the rocket. Clear volume confirmed breakout into a retracement. Lots of room to grow across the board. Should be a textbook payday on this movement. Don't miss this one.
Crypto is on the rebound! And the sun is shining through the clouds. But lets take a look and just see what we're looking at before we get too excited. Historically, May and June are pretty poor months for BTC - keep that in mind for this analysis. First off looks like our bullish bat on BTC seems to be holding solid, this would imply some upside is in the...
After a weekend typified by extreme amounts of FUD, looks like the lights have started to shine through the clouds and have illuminated that crypto does indeed still exist. But for how long? Are we going back to 10k? Will everyone lose their life savings - AGAIN. Let's look. But first, let's discuss the whole dump thing to get some context. It seems at this point...
Looking at the TRX 1D chart, very interesting textbook harmonic seems to have shown up for the correction, implying there's a LOT more growth left for our dear Tron. Are the bulls still in control? Will crypto disappear from existence? Who knows Analysis for this one is on the chart, because I felt like mixing it up.
As anticipated, ETC is going absolutely supernova. I expect this same movement to be completely by much of the market in the coming weeks. Assuming crypto doesn't blip out of existence or something. Anticipating a retrace at this point around fib 2.72 though there's clearly some serious buy pressure. If we do get a retrace at 2.72 I would try to pick some up...
Looking at the current daily chart it looks like we could conceivably overwrite the previous bullish butterfly and get out a lovely bullish shark instead. This would need us to retrace to 40k, but the good news is if we retrace to 40k, our next likely stop is 72k. What does this mean for Alt Coins? Well we're in an interesting spot. If we check out BTC...
Looking at the BTC 2H chart, getting a pretty good sense that we're looking at a bullish setup here. If we stop here we have a bullish Cypher ready to go, but I doubt we stop here for I have a feeling we're gonna see a bit more down first. Increase H/S is about ready to give us the right shoulder at 51k. This is in confluence with an oversold RSI...
NULS saw a massive breakout on BTC charts followed by a textbook retracement right back to our liquidity area. This is prime real-estate for picking up a potential long and there's PLENTY of up room left on this chart. These corrections on the market ARE NOT a bad thing. I know it seems like the sky is falling, but for growth to continue we must stay away from...
Looking at the Total Market cap and BTCUSDT here. There's a lot of confluence showing that next week may be a very bullish reversal for all markets. TD9 is flashing buy on both BTC and the Total Market Cap. Retracement levels quite interest on both charts with EMA 100 and 50 being our supports respectively. This may indicate more bullishness for the overall...