FILUSDT brokedown below the uptrend support.
The market is printing a descending triangle pattern.
Breakdown below the triangle support could be a bearish signal ⬇️.
RSI printed a bearish divergence signal.
Breakdown below the RSI rectangular pattern support could be a bearish confirmation 🔽.
TRBUSDT is testing the ascending channel support + 0.618 fibonacci retracement level. The market is printing the double bottom reversal pattern. Breakout above the double bottom neckline resistance + pullback resistance could be a bullish signal ⬆️.
XRPUSDT is testing the flip support + 0.618 fibonacci retracement level + uptrend support. The market is printing an ascending triangle chart pattern. Breakout above the chart pattern resistance could be a bullish signal ⬆️. Breakout above RSI pattern resistance could be a bullish confirmation 🔼.
ETHUSDT is dipping as expected from my previous analysis. Potential retest of fibonacci retracement levels + flip support. Confirmed bounce off the support will be a bullish signal ⬆️. RSI bounce could be a bullish confirmation 🔼.
Hoping to see XRP back below $0.20 by the start of November, an across the board market crash would make sense right before an election this big.
Another retest of the bottom of Januarys range, a dip below is a great buying opportunity before the great reset.
A short term trendline has been broken and now into the range shown, lets see what the end of October brings. 🤞
Time for a new post. All the moonboys are being quiet right now.
We are really entering bear market now , Second wave SCAMdemic is hitting the world.
They are covering a major crisis with this , and using lockdown to control unrest.
In the meantime , stocks and btc should take a beautiful dive.
Along with a good Elliott wave analysis , we can...
BTCUSDT tested the ascending channel resistance as expected from my previous analysis. The market is printing the head and shoulders reversal pattern. Breakdown below the neckline support could be a bearish signal ⬇️. RSI is also printing a bearish divergence signal 🔽.
LTCUSDT brokeout below the trendline support as expected from my previous analysis . The market is printing the double top reversal pattern. Breakout below the neckline support could be a bearish signal ⬇️ ( retest of flip support + fibonacci retracement levels). RSI is also printing a bearish divergence signal 🔽.
Zooming out even further on the weekly copying the open / close of the candles from december 2017 - january 2018 would align with our blue buy zone perfectly for one final 'shake out'.
The -27% fibonacci used previously sits around $0.05 which would be painful but with this pretty much exact copy of price action.
The timing on the last chart / the amount of...
Here’s some insight into Bitcoin, as you can see on my graph we are currently squeezing into a wedge which is generally a sign for a large price movement incoming. My overall bias on Bitcoin is to the Upside, seeing that the majority of markets are over inflated at the moment, Bitcoin most definitely has room to grow. As a technical trader, I have illustrated 2...
LINKUSDT brokeout above the ascending triangle resistance as expected from my previous analysis. The market rejected the ascending channel resistance and fibonacci extension level (1.0). Potential BUY re-entry at fibonacci retracement levels + ascending channel support + breakout above pullback resistance ⬆️
LTCUSDT brokedown below the double top reversal pattern as expected from my previous analysis. The market retraced and is currently testing 0.618 fibonacci retracement level. Potential SELL re-entry at breakdown of pullback trendline support ⬇️. RSI trendline breakdown could be a bearish confirmation 🔽.