Bitcoin (BTCUSD) touched today the bottom of the Channel Down pattern that started a month ago on the March 14 High. Ever since is posted Lower Highs and Lower Lows, dropping under the 1D MA50 (blue trend-line). Since the long-term trend for months has been a parabolic rally, this pattern can be seen just as a big Bull Flag, a necessary short-term pull-back before...
It couldn't be any more simple than that. The altcoin market is having the last short-term correction before an surge past the All Time Highs (ATH). The Pressure Zone 2, which is the Resistance Zone coming off the Bear Cycle's first Lower High, is the last volatility variance and effectively last opportunity to enter before alts start the most aggressive part of...
Last time we looked at Injective (INJUSD) was 4 months ago (December 18 2023, see chart below) and gave us an excellent sell signal that hit the 30.000 Target: The price now sits at the bottom of the Channel Up and this is the most optimal buy entry for the long-term. We expect another +715% rise, targeting...
After failing to gain bullish momentum earlier this month (with a breakout to the upside from a triangle-like pattern), Bitcoin continues to trade erratically. Currently, it hovers around the $63,500 price tag, which appears close to the ascending trendline that connects peaks from December 2023 to mid-January 2024. If this trendline is broken to the downside, it...
What I have here are a bunch of momentum channels piled on each other on the keltner channel oscillator. (weekly light blue, daily green, 3hr light purple) I didn't bother hiding lines from the diff time frames, which helps put into perspective each zone in accordance to the keltner channel TF price is in. IE on the weekly we're above the KC Mid Line. Same with...
Crypto traders and so called investors still have not changed much from last cycle. Everyone wanted to APE into this at $0.47-$0.67 and wait for retest of $1 and or talking about WHEN $3-$5. BUT no one wants it at $0.17 LOL THIS is why most of you are #NGM BUY the RED and the FEAR. NOT the GREEN and the GREED. If you ever wanted to follow early to accounts...
Hello guys, today I am back with an Elaboration on my previous Q2 Outlook ↓↓↓ With halving in front of us and all the hype it brings in, I can see mostly people who think that after halving we have to go to ATHs no matter what. So I decided to bring counter points to their views with reasonings as to Why I am currently more bearish than bullish. If you are...
Bitcoin (BTCUSD) is only a few days before the new Halving event and is already below its 1D MA50 (blue trend-line) for the first time in 2 months, having broken the previous Ascending Triangle pattern. This is a sequence that we have seen before during the previous Halving (May 11 2020). Of course the Halving took place at the start of the Ascending Triangle and...
Core DAO (COREUSDT) declined after a remarkable +735.93% rise buy found Support on the 1D MA50 (blue trend-line). Yesterday posted its 2nd strongest green 1D candle in history and when the 1D RSI breaks above its MA trend-line, we expect the new Bullish Leg to be confirmed. Our Target is $10.00, which represents another +735.93% rise from the...
Bitcoin (BTCUSD) made a sharp decline on Saturday and is now in the process of recovering. The 1W candle wick dived as low as the low of almost 30 days back (March 20), extending the 1-month consolidation since March 13 High. This is of course directly related to the fundamental aspect of BTC's Halving, which is due at the end of the week and historically exerts...
Ondo Finance (ONDOUSD) has been on a Channel Up pattern since its first trading days, supported by the 1D MA50 (blue trend-line). Its last Higher Lows was priced on that exact level, so did the one before (March 19). The last Higher High was been -11% shorter than the previous, so assuming this is a progressive pattern, we expect a new Higher High at 1.5000 (+...
Bitcoin's price movement appears to have completed its second leg up, and the current pattern suggests a high likelihood of a correction phase. With this potential pullback, BTC prices could retrace to test the previous support zone. Traders should monitor these levels closely, as they could offer critical insights into Bitcoin's near-term directional bias.
I think Eth is now targetting around $3.000 Then it will target above $5.000 * What i share here is not an investment advice. Please do your own research before investing in any digital asset. * Never take my personal opinions as investment advice, you may lose all your money.
BTC and other cryptocurrencies are in extreme bearish condition, last time this happened in may 2021, then BTC crashed from 65k to 28k in just couple of months. So be prepared for extreme bears for all crypto market.
Technical Analysis and Outlook: This week's trading session Bitcoin completed the forthcoming Inner Coin Rally 72500, and as expected, the coin retraced to our designated Mean Sup 65600. Bitcoin is in the process of rebounding back to the 72500 scene of crime. On the downside, the market potential decline may occur, resulting in Bitcoin falling to Key Sup 61300...
There are two scenarios. 1- Bull pennant 2- Bull flag Write in the comments which one do you think? - If it is a bull flag, there is a possibility to drop to $2800. In a different analysis I shared yesterday, I gave the target of $2800. Please check it. - If it is a bull pennant. Yesterday we had a bear trap and now retesting the breakout. In both scenarios, I...
We follow FOXY to see if it's able to show soon a break trend. This coin can show an effect of other coins that did increase before (meme coins) This is exactly what we are going to follow in the coming time. it can take time before this coin can make some new gains if it's able to get confirmed. This is not trading advice, remember that meme coins can rewarded...
In continuation of the previous post, which marked an upward wave, it is currently moving in an upward channel, and currently the range of the resistance zone is $75, which is also located in the midline of the channel. 🔰 With the failure of this zone, it will have the ability to grow up to the previous range and the ceiling of the channel as well as the...