We had Positive XRP news that affected the market positively through the week. The market is ready to accept such. But 32 000 +- needs to be broken. Right now w/Crypto markets and GOLD we are recoiling. Bitcoin is BULLISH all year long. A breakout will mean a Bull run and will catch momentum !
At present, Bitcoin has returned to the channel after leaving an upward average channel and meeting the resistance of $31,800, and if it enters above the green line, it can change the trend and form an ascending channel.
Bitcoin short-term update (a) BTC reached my bullish target of 27,950👀 (b) next more distant bearish target at 26,666🐻 (c) next bullish target at 29,305🐂 How was your day so far dear Crypto Nation?😎 Let me know your thoughts in the comments🤗 ⬇️⬇️⬇️ Likes and Follow for updates appreciated🤗 Disclaimer: Not financial advice Do your own research before...
AVAXUSD hit today the 1D MA200 for the first time since May 8th and almost reached the top of the Channel Down pattern. With the 1D timeframe turning bullish (RSI = 67.628, MACD = 0.250, ADX = 21.860) but the RSI also at the top of its own Channel Down, we want to get a confirmation of a breakout before buying and that will be above the R1 (17.6000), otherwise we...
Weekly Liquidity Purged 4H Structure Break Expected To retrace into Discount
XRPUSD is having an immense rally today following the latest market news that pushed the price over the 1W MA100 for the first time since April 26th 2022! The 1D technicals are bullish (RSI = 68.180, MACD = 0.000, ADX = 23.552) but should end overbought soon and the R1 (0.65615) is the final barrier before a new parabolic rally starts. We will use the R1 as a...
1INCHUSD crossed over the 1D MA50 today for the first time in almost 3 months (April 19th). As the 1D timeframe turned technically bullish again (RSI = 57.661, MACD = -0.003, ADX = 31.888) we are going on a short term buy, targeting the top of the six month Channel Down (TP = 0.38500). A candle close over the 0.382 Fibonacci level, will be a bullish breakout...
FTTUSD, the FTX Token, held the 1D MA200 and since yesterday it is rebounding with aggression on a 1D timeframe that turned bullish again (RSI = 61.498, MACD = 0.102, ADX = 42.568). As the LMACD is about to form a Bullish Cross, this leg is the second wave of the rally to the R1 we spoke of last month. We are therefore adding an extra long, targeting the...
BINANCE:COMPUSDT Comp Pig PUMP Coming Looks like BCH Another attempt to break the range high here.
WAVESUSD crossed above the 1W MA50 for the first time since April 18th 2022. With the 1W time frame turning neutral (RSI = 48.860, MACD = -0.216, ADX = 28.633) this should be treated as a first indication of a long term trend change but will get validated only if the 1W candle is closed above the MA50. We will go long on that signal and will target the R2 on the...
Kaspa / KASUSD is rising today after approaching the 1day MA50. At the same time, the 1day RSI bounced on a Rising Support in a way similar to January 31st. As you see, Kaspa's price action is so far cyclical. A vast rise corrects to a Fibonacci level then a Channel Up leads the price to the next price jump. As long as the 1day MA50 holds, buy and target the...
HEXUSD is on a price Double Bottom while the the 1D RSI is rising for more than 3 weeks. This Bullish Divergence has been spotted on another two price Double Bottoms in the past 12 months. With the price also under the 1D MA50, on July 12th 2022 and October 15th 2022, that Bullish Divergence initiated a rally that peaked at +158% and 71.80% respectively. We are...
Solana / SOLUSD is trading inside the 1day MA200 - MA50, being more than half-way through the bullish leg on the 5 month Channel Down. On the previous bullish leg, the 1day MA200 caused a pull back near the 0.618 Fibonacci and then rebounded to complete the Lower High. Sell on the short term and buy at 17.000, targeting 22.500. Follow us, like the idea and...
BSVUSD hit the top of the former Channel Down pattern and is rebounding. The 1D time frame has normalized its previously overbought technicals (RSI = 63.544, MACD = 3.840, ADX = 63.502) and that can give rise to a new round of buying. As you can see the Fibonacci retracement levels form solid Support and Resistance levels, with the latest one being the 0.786 level...
BTCUSD has been trading sideways for nearly the last 2 weeks. The long term pattern is a Channle Up since the start of the year and this appears to be the accumulation phase that technically precedes the Higher Highs. Trading Plan: 1. Buy on the current market price. Targets: 1. 40000 (Gap 3 from the Bear Cycle). Tips: 1. Every Higher High on this Channel Up...
Verge / XVGUSD is having a +550% rally in the past 2 weeks and is approaching the 1week MA200, which is intact since April 4th 2022. The Channel Down that drove the price to its market bottom before that recent weekly jump is almost the same as the one in 2019 that paved the way to the massive 2020/21 rally. As a result don't buy before a new pull back to the...
Zilliqa has come today the closest it has been on the 1D MA200 since the May 8th contact, turning the 1D time frame largely bullish (RSI = 67.434, MACD = 0.000, ADX = 54.733). Consequently, a break above it, should set in motion the last part of the bullish leg that started at the bottom of the long term Channel Down. We will buy if the 1D MA200 breaks and target...
AAVEUSD has closed two 1D candles over the Channel Down pattern of February and has validated a new rally on the 1D timeframe which is on very healthy bullish technicals (RSI = 68.966, MACD = 3.550, ADX = 52.986). As long as the 1D MA200 is turned into Support, we will be bullish targeting the R2 (TP = 95.000). ## If you like our free content follow our...