Pushing to all time highs this month. Looking for a symmetrical move to 58k this week.
Ideal Butterfly pattern elements: • Precise 78.6% B point retracement of XA leg. • BC projection must be at least a 1.618. • Equivalent AB=CD pattern is minimum requirement, but the Alternate 1.27 AB=CD is the most common. • 1.27 XA projection most critical number in the Potential Reversal Zone (PRZ). • No 1.618 XA projection. • C point within range of...
The falling wedge pattern (Marked on the grey thick lines) is a continuation pattern that forms when price bounces between two converging and downward sloping trend lines. This is considered a bullish chart formation but can show both reversal and continuation patterns – depending on where it appears in the trend. It breaks the falling wedge (red circle area)...
see and watch :) The red range has had good support for the price and we seem to be able to take an upward step to the next resistance range ...
the chart is self explanatory. waiting for ETH to retrace back to 2000$ to go long however wave one could increase to 3500. i used fibo extension and retracement to identify entry and exit levels
The bearish shark pattern is formed in Bitcoin . Are you ready to drop Bitcoin?
The market for Doge is creating enough support as we seen price started it’s breakout. Along with breakout, price retraced to the exact same levels of support multiple times creating higher lows. Therefore, we could see Doge to rally up for a TP .252+ and .259+
Price is currently at a strong level of support. Signs of a reversal. Possible push to the upside.
This is my current ten year outlook for bitcoins price projection, I feel that the chart is self explanatory but please feel free to pick my brain if you have any thoughts or questions. Price roof and floor are based on channels determined by a gann fan not shown.. it's middle channel is is the line labeled "G"
If the total market cap of the total crypto universe breaks this triangle watch out as the market cap could fall down to 800 Billion from 1.5Trillion currently. Triangles are normally continuation patterns which resolve in the direction of the preceding trend which was down in this case. The breakdown (if it happens) should be accompanied by greater volume in...
We're bearish but consider that it can be a fake breakout so be careful and don't go all in with short positions. Supports and Resistances are clear in chart so I don't add any unnecessary information.
$XLM on the move here putting in a minor 5 wave impulsive move off the lows of the ABC larger trend correction. Targets of interest are : Wave3 .54c and wave 5 .66c
Chainlink is a decentralized oracle network that brings off-chain data into an on-chain format, bridging the gap between the isolated blockchain and real-world data. It aims to ensure that the external information (pricing, weather data, event outcomes) fed to smart contracts remains untampered with. Chainlink is built on top of the Ethereum blockchain and...
Hello traders, hope you all doing well in this unreliable market. The game is getting harder to predict, play safe and follow your plan. So as you can see we are forming an H&S pattern in a shorter time frame, it's a bearish pattern. We are currently below the H&S neckline and that's not a good indication for at least short-term price movement. If we see a retest...
At the junction of critical price action. we must hold the line and form a week,y perspective break above the 38 k and close. SCARY TIMES!!! not 100% guaranteed but the last 2 times we broke the trendline in the ascending channel we would get an intense crash...... or crypto winter. We are close and the market needs some heavy confidence before we can confirm this