CreativeSelf

CreativeSelf

A follow up on my update last May, it went as I expected it to go. Now what's the next plan? If 1800 doesn't hold, 1760 will likely be the bottom zone. From there on, a possible huge rally might come for Gold, 1900+ possible. It will also depend on how short term fundamental analysis can affect the pair. Harmonic traders also see a possible bullish pattern...

CreativeSelf

I can see Gold possibly shooting around 1920-1922 then a possible $100 retracement from there. Gold is very much bullish on the HTFs. I do expect a new ATH for Gold this year if the Dollar keeps falling and if it's key support breaks.

CreativeSelf

ETH is approaching a key support to keep it above 2800. Key support is the 50 DMA. If the 50 DMA is broken down, it could face a correction similar to BTC and there is a chance of <$2000 ETH. So far we have a hidden bullish divergence as another form of confluence here. Crypto markets are very sour right now so this move is still a 50/50 but if ETH does bounces...

CreativeSelf

A little update on Bitcoin here, as it approaches the 200 DMA and is at the SR Flip Zone, we can see Bitcoin is attempting to regain back it's losses the past few days. While the pattern it's currently forming looks like a bull flag, there is still a chance that Bitcoin can still dip and possibly break that 200 DMA and enter a near term bear market. Right now the...

CreativeSelf

Very promising move on XRP now as we have broken out of the bull pennant . Now lets see if XRP can hit $3 or maybe higher, given that the Crypto market (especially Bitcoin as BTC still influences a majority of the crypto market) doesn't enter the red stage again. There is still some resistance at 1.85-1.95 so we would need to break that too or I might expect a...

CreativeSelf

Might see a new high for LTC if we bounce off the 50 DMA. Pay attention to the previous patterns, 50 DMA is respected.

CreativeSelf

Accumulation period is almost over, summer is looking very good for altcoins. Not just IOTA but other coins are starting to show hints of a breakout upwards.

CreativeSelf

BNB is currently trying to find support on the 50 DMA. If this daily candle closes below the DMA we might see a possible decline to $340-350 as the SR flip zone is around that level. If BNB does bounces from here and continues to rally to $900-1000, that move will likely be the last parabolic move short term then I expect BNB to top and drop back to the current...

CreativeSelf

XRP is still respecting the 50 DMA and we have a bullish pennant pattern, looks like it's about to breakout soon. Potential move to $3 if it did. Although this upside potential will likely depend if XRP stays above the 50 DMA if not then below $1 it is.

CreativeSelf Updated 

Bullish continuation pattern, let's see how this will play out this weekend, if the pattern is respected we can possibly see a steady rally for DOGE to hit $1 as long as the crypto market recovers this weekend.

CreativeSelf

Well, the accumulation continues. With Tesla stopping payments in Bitcoin temporarily we saw the crypto market tank as a response. As I mentioned on my April 23 post regarding BTC, $60k needed to be reclaimed for Bitcoin or else there will be a bigger correction. I change my statement in terms of "bigger correction" since we have formed a falling wedge, you can...

CreativeSelf

Not looking good for the little puppy here. Similar to Doge, we might see a breakdown due to profit taking. Wait for the dip then buy.

CreativeSelf Updated 

Please be careful in buying Doge. If price action can't brake the top trendline of this wedge, there may be further losses for Doge in the near term. Near term top could be somewhere between 0.75-0.80c before we see a correctional dip if price action respects this rising wedge. We are in SNL hour as of posting this so expect DOGE to be volatile.

CreativeSelf

Our good boy DOGE is now resting while SHIB and AKITA is trying to catch up. When Elon replied to a tweet saying he was looking for a shiba pup, SHIB immediately rallied, AKITA soon followed. H1 and lower TF pointing a bull flag, will we see a rally to $1 before Elon's appearance on SNL or has the market priced it in? This 2021 Crypto Bull market surely is a...

CreativeSelf

If 1INCH goes above 6.7, next target for a retracement will be the psychological resistance of 7. That breaks and we have more room for growth, possibly up to $10 but I am eyeing $8.5 as a level of acceptance near term.

CreativeSelf

This weekend/next week can be a bullish week for Bitcoin. We're approximately down 25% from the previous high and if we analyze the previous dips Bitcoin has made since the beginning of the year we can see that on average the dip range is between 25-32%. RSI on the daily timeframe has pretty much corrected for now and is almost at oversold territory. RSI on lower...

CreativeSelf

If FIL goes above 192 next target zone is likely 240. Potential Inverse Heads and Shoulders breakout.

CreativeSelf

Trading upwards on a tight channel. Rally isn't over likely and $2 might be a near term target.