Ronin (RONUSD) hit the top (Higher Highs trend-line) of the 1-year Channel Up. This is the 2nd Bullish Leg of the pattern and is technically expected to peak at +635%, same as the April 10 2023 Higher High. We expect at least a -47.27% decline towards the 1D MA100 (red trend-line), targeting...
Before the ETF decision, İ told you not to get caught in FOMO. Now i expect consolidation before halving. Prices may fluctuate between around 38.000$ - 48.000$ for a certain period of time, but then may decrease to around 32.000$. Fundamentally, with Fed monetary policy easing, money inflow to the market will increase in 2024 and 2025. My target for 2024 is...
Bitcoin (BTCUSD) is on the 3rd straight bearish week (1W) following the 49000 High, which technically was a Higher High on the 1-year Channel Up. This is the 2nd Higher High structure within this pattern (first was on April 10 2023) and technically we are currently on the new Bearish Leg that seeks the formation of a new Higher Low at the bottom of the Channel...
Fibonacci wedges play ground. This is the possible scenario for me. 48.500$ very strong resistance of fibonacci wedge. Full of action days are waiting for us. Don't get caught up in FOMO. * 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...
◳◱ On the $CTSI/ CRYPTOCAP:USDT chart, the Bband Breakout Super-Trend pattern suggests an upcoming trend shift. Traders might observe resistance around 0.225 | 0.25 | 0.2977 and support near 0.1773 | 0.1546 | 0.1069. Entering trades at 0.2992 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Cartesi ▣ Rank: 220 ▣ Exchanges:...
Hello everyone, as I ment in last week idea, I am expecting BTC rather going LOWER then Highier, prior to FED meeting which is next week. Since we doesnt have much volatility last week, Im would expect bigger moves to occur later this week, when Market related reports start coming... To understand further view I would suggest to first check this out: As...
◳◱ On the $POLYX/ CRYPTOCAP:BTC chart, the Ascending Triangle pattern suggests a consolidation phase that could precede a trend continuation or reversal. Traders might observe resistance around 0.00000432 | 0.00000467 | 0.0000054 and support near 0.00000359 | 0.00000321 | 0.00000248. Entering trades at 0.00000402 could be strategic, aiming for the next resistance...
◳◱ On the $PLA/ CRYPTOCAP:BTC chart, the Trend Reversal pattern suggests momentum building up for a significant move. Traders might observe resistance around 0.00000486 | 0.00000508 | 0.00000568 and support near 0.00000426 | 0.00000388 | 0.00000328. Entering trades at 0.00000503 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name:...
Trend is still bearish on daily and weekly chart, but at the same time we do not exclude an interesting technical rebound in mid-term. In this analysis we just wanted to share our view and how it could develop (Impulsive Structure), for more details on support and resistance levels, visit our Blog. With this in mind, from a technical point of view, AMEX:NEAR ...
While there is not much to talk about the price action due to Bitcoin trending mainly sideways since our last article, one notable thing is catching our attention. Despite a pullback in the price of Bitcoin, there is no increase in the number of Bitcoin addresses with balances exceeding 100 BTC and 1,000 BTC, suggesting that big players are not buying the dip...
HEXUSD has had the strongest 1W green candle last week since the week of October 16 2023. It closed a week above the 0.236 Fibonacci level for the first time since July 10 but the biggest bullish development is that the 1W MACD histogram broke above its Descending Lower Highs trend-line, which is a major divergence from the early 2023, indicating that the market...
Over the years we have discovered many historic patterns applicable to Bitcoin's (BTCUSD) Cycles. With a relative degree of volatility every time, since each Cycle has it's own distinct characteristics and fundamental events that shape it, those patterns can help traders/ investors construct strategies for buying and selling on a long-term scale. This time we...
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! BIST:LINK update. 🧵 In @ 13.92, TP. Thinking #Elliottwave sideways possibility since the price got up here. I also know sideways can be tricky. Trading tricky...
Render Token (RNDRUSD) gave us the bullish break-out we were looking for to buy on our last analysis (August 24 2023, see chart below) as the 1W MA50 comfortably held and provided the rebound that hit our Target: The price had a strong rejection on the Diverging Higher Highs trend-line of the 1-year Channel Up since and is currently on the 1D MA50 (blue...
Bitcoin (BTCUSD) had a strong rejection last week shortly after breaking Resistance 1 (48400), which was the high of the March 28 2022 1W candle. That is technically strong enough to initiate a medium-term pull-back on its own. The correction bias get even stronger though if we consider the 3-year Pivot Zone which has been relevant since January 11 2021, initially...
Using TF2H on CHZ/USDT chart, in this method we used a Wolfe wave negative pattern with negative divergence in RSI and MFI, you may check out the ETA and EPA of this analysis as well as the TPs and SL. please share your thoughts on my analysis, your criticism is crucial to developing me in analysis. Thanks! ⚠️Disclaimer: this is not for real-money use but only...
seems like good support near 15K : look for a breakup. possible one more down leg. but trade with care , long term still looking bearish.
It has been 14 months (November 14 2022) since we published our first (and to this date most important) Bitcoin (BTCUSD) Cycle comparison between 2022/ 2023 and 2014/ 2015: www.tradingview.com As you can see the main driver behind this comparison was the FTX crash in November 2022 and the Bitfinex crash in August 2015, which both acted as catalysts for the...