Bitcoin went to the Moon with Dec '17 top. Then it corrected 88.6% on the Fibonacci Retracement with Dec '18 bottom. After that it went to Mars and hit the tops again in Nov '21. It was a 2000% gain. What can you tell from this? Percentage-wise, Correction is lower than the gain. So, the Dominant Trend for BTCUSD is UP! OK, back to Earth. Let's gather fuel and...
Bitcoin (BTCUSD) declined from the fresh 73700 All Time High (ATH) back to 65600 in a matter of a few hours, breaking below the 4H MA50 (blue trend-line), entering the green Ichimoku Cloud for the first time this month, while touching the bottom of the short-term Channel Up pattern. This is the 2nd Higher Low for the pattern and now is the time for the trend to...
◳◱ On the $SOL/ CRYPTOCAP:USDT chart, the Trend Reversal pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 163.02 | 181.65 | 229.29 and support near 115.38 | 86.37 | 38.73. Entering trades at 171.1 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Solana ▣...
Dogwifhat (WIFUSD) has been the revelation of the last 3 weeks as during that time it grew by more than +1000%. This rally is mostly euphoria driven and the frenzy may very well push even higher. But we can't neglect the technical Resistance levels along the way. The strongest of them is the top (Higher Highs trend-line) of the Channel Up pattern since it first...
Solana (SOLUSD) broke above its former Channel Up as we explained on our last bullish call (December 08 2023, see chart below) and hit last week our 144.000 Target: Right now it is best to take a step back and view SOL's price action on the 1W time-frame, where the clear long-term trend is revealed, and that's bullish within a Channel Up pattern. The...
BONK (BONKUSD) broke above its December 15 2023 High and as it has turned the 1D MA50 (blue trend-line) into Support following the Falling Wedge break-out, it is now aiming for a new High. Based on the 1D RSI price action, we might be at a post accumulation rally as in early November. That rally peaked marginally below the 3.0 Fibonacci extension from the start of...
📍Hello traders, today we are looking at BINANCE:SEIFDUSD 1H chart to see what is the situation right now at the market. TSXV:SEI has performed very well during the last days, however it seems that it has reached a level where it will retest a resistance level. 📍Trading at $0.86 is happening right now and as we can see, at it is very close to reach the...
◳◱ On the $BEL/ CRYPTOCAP:USDT chart, the Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 1.0205 | 1.1342 | 1.4202 and support near 0.7345 | 0.5622 | 0.2762. Entering trades at 0.9523 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Bella ▣ Rank: 668 ▣ Exchanges: Binance, Bybit,...
◳◱ On the $MOVR/ CRYPTOCAP:USDT chart, the Double Bottom pattern suggests an upcoming trend shift. Traders might observe resistance around 27.079 | 31.556 | 40.205 and support near 18.43 | 14.258 | 5.609. Entering trades at 24.318 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Moonriver ▣ Rank: 321 ▣ Exchanges: Binance,...
◳◱ On the $BNB/ CRYPTOCAP:BTC chart, the Bband Breakout pattern suggests a consolidation phase that could precede a trend continuation or reversal. Traders might observe resistance around 0.007471 | 0.008373 | 0.009799 and support near 0.006045 | 0.005521 | 0.004095. Entering trades at 0.006758 could be strategic, aiming for the next resistance level. ◰◲ ...
◳◱ On the $ONT/ CRYPTOCAP:USDT chart, the Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 0.4041 | 0.4541 | 0.5781 and support near 0.2801 | 0.2061 | 0.0821. Entering trades at 0.3714 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Ontology ▣ Rank: 244 ▣ Exchanges: Binance,...
With Bitcoin's (BTCUSD) continuous bullish run, day after day, running basically the 7th straight green month, we thought it may be a good time to put things into a greater perspective from a macro point of view, as many seem confused over this hyper aggressive bullish sentiment. The reason is one and one alone and has a very short name: E T F Yes, everyone...
◳◱ On the $ARPA/ CRYPTOCAP:USDT chart, the Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 0.08686 | 0.09586 | 0.11927 and support near 0.06345 | 0.04904 | 0.02563. Entering trades at 0.0827 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: ARPA Chain ▣ Rank: 501 ▣ Exchanges:...
XRPUSD followed relatively closely our structure last time we gave a long-term call (September 13 2023, see chart below), hitting our 0.56750 Target: We now zoom out on the 1W time-frame where the pattern becomes more clear. XRP is about to close a 1W candle above the 3rd Channel Up in a row. If it does, we expect a test of the upper Resistance Zone, similar...
Bitcoin (BTCUSD) broke the $70000 psychological barrier today, smashing yet again a benchmark level during this Bull Cycle and on a momentum basis, it does not give any signs of stopping. However based on the 2020 post-COVID crash fractal, which started after the 1D MA50 (blue trend-line) crossed above the 1W MA50 (red trend-line), and that BTC has been following...
◳◱ On the $XRP/ CRYPTOCAP:USDT chart, the Trend Reversal pattern suggests momentum building up for a significant move. Traders might observe resistance around 0.6715 | 0.7349 | 0.8648 and support near 0.5416 | 0.4751 | 0.3452. Entering trades at 0.6293 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: XRP ▣ Rank: 8 ▣ Exchanges:...
◳◱ On the $ETH/ CRYPTOCAP:USDT chart, the Bband Breakout Super-Trend pattern suggests an upcoming trend shift. Traders might observe resistance around 4181.48 | 4484.49 | 5278.24 and support near 3387.73 | 2896.99 | 2103.24. Entering trades at 4029.26 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Ethereum ▣ Rank: 3 ▣...
◳◱ On the $WING/ CRYPTOCAP:BTC chart, the Elliott Wave 12345 pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 0.0001601 | 0.0001747 | 0.0001977 and support near 0.0001371 | 0.0001287 | 0.0001057. Entering trades at 0.0001426 could be strategic, aiming for the next resistance level. ◰◲ General...