BTC might find a bottom at the previous 2018 highs. Watch for bottoming action--will start accumulating long positions.
After breaking out of a triangle consolidation last month price has retested the upper triangle structure as well as horizontal support level. Watch for a bounce to the upside.
After breaking out of a triangle consolidation last month price has retested the upper triangle structure as well as horizontal demand zone. Watch for a bounce to the upside.
Previous price action patterns suggest we will see a rejection around 4710-4720. Look at the similarities between current price action and price action in May 2012 and September 2021. May 2021: September 2021: Compared to now: I plan to sell the 4710-4720 zone unless price action strays away from the pattern.
Bitcoin weakness persists. If price loses 39k I think 30k-33k is in play for downside targets/buy zones. Not seeing many buyers at current prices so would remain skeptical of longs for now.
INTC price action is very similar to 2020. After 2 consecutive gaps down, price bounces to fill the first gap, then we see a sharp retracement to the lows. In 2020 this sharp retracement was followed by a very strong push to the upside. This company is undervalued + there are a few bs catalysts like the new line of processors, new CEO, mobileye whatever its...
XLM completed an ABC correction and is consolidating at the lows. Watch for a breakout of the consolidation to the upside If price can break the channel structure & key levels expect price to move even higher
BTT is consolidating & looks ready for a push to the upside. Watch for a breakout of the green key zone as initial confirmation. Targets on chart, good luck
Bitcoin completed an ABC correction & is consolidating within a bullish wedge. Watch for a breakout to the upside. Planning to take initial long entries in blue zone.
TRX broke out of a bullish falling wedge. Looking for a push to the upside from here. Might see price chop around the recent lows before making an impulsive move.
AVAX recently broke out of a clear bull flag and price is now gaining momentum to the upside. Expecting continuation to at least $125 (initial target), but may see this go to ATHs. Previous BTC analysis below:
Quick 618 overshoot to grab stops followed by a strong rejection. Should see at least one more leg down. Initial target $43k. If 43k can't be held then I'm expecting a test of 40k at the 50% retracement.
BB just broke a major pivot level and continues to push to the upside. I am expecting a breakout in the next few weeks. $13 $15 targets
After a clear rejection at the 0.382 fib retracement level, bitcoin is now just a few points away from the 0.5 fib + structure resistance (look left). If price continues to respect fibonacci retracements then we should expect to see downside from here. What do you think? Share your thoughts in the comments
Ethereum just reached the 618 fib retracement level & structure (look left)). If price respects this level we should see a significant move to the downside.
EOS is trading within a large rising channel. Watch for a pullback to the channel support. If price breaks down out of the channel expect to see much lower.
$AFRM has completed a bullish inverse head and shoulders pattern. Watch for a break above 71 as initial confirmation. Targets on chart
Ethereum is trading within a large rising wedge. Price is also at a large supply zone (high timeframe) Expect this to turn around and take out some long positions if not going to short at least take risk off longs Good luck