Ethereum is forming a Descending Triangle Formation and the target is near about 10% which is $1560. Let's see how this executes in near future.
ETH Weekly Analysis Ethereum break it's support trendline and after that does a retest before falling down to it's long term support which is at $200s level. It is also forming Triple Top Pattern . This pattern indicates a price reversal which is currently ongoing with Ethereum. Let's see how this goes.
Hey all, SOL is making a falling wedge on 1 Day Timeframe, Let's see if we can execute a good profit out of this setup.
RUNE Ways to Go - If daily makes a closing below $2.87, we will surely see downtrend. If it doesn't, we can see a start of an uptrend towards $10. Volume is huge, a deviation is formed. Let's see how it goes. :)
Hey, as you can see, there is a big Bearish Divergence being formed on LUNA 12H. Price going up, RSI and Stochastic going down. Time to short this overpriced asset. ;)
Bitcoin Weekly Analysis - 05/08/2022 Two Scenarios: Bullish - Target - 78k Bearish - Target - 19k Let's see where we end up in the EOY.
Bitcoin 2018 vs 2022: In this chart, you can clearly see how Bitcoin fell almost 40% on every sell signal on MACD. As you can see on the left, 2018 had 3 signals from ATH, 2 Sells and 1 Buy. Something similar has happened now with Bitcoin. 3 Signals, 2 Sells and 1 Buy. I am expecting another 40% drop in the price and will call that bottom of the cycle. Let's...
Hey Everyone, In today's Bitcoin Idea, I believe we are in an ascending triangle which a chart pattern for continuation of the trend. Bitcoin is going to retest the Resistance Trendline and then we can start the trade. Entry: Retest on Resistance Trendline (45,787) Stop Loss: 50,090 Target 1: 41,781 Target 2: 38,092 Target 3: 35,064 Risk Reward Ratio:...
Bitcoin has always considered the previous ATH as the major support level in the next bull run. We are currently below the support zone and this is a great buying opportunity if we look at the previous cycles. If Bitcoin gives the next month candle closing below the major support, it will be the first time in the history of Bitcoin. Not sure what the...
Hey Everyone, This is just a simple chart of the Bitcoin RSI Divergence on Monthly Timeframe. You can see this divergence has played everytime, no matter if it was Bearish or Bullish. Let me know what do you think about this.
Bitcoin - Bearish Flag Pattern Hey Everyone, as you can see in the chart, Bitcoin is in a bearish flag pattern. Our Targets: 1. $37,269 2. $32,812 Let's see how this executes.
Hey Everyone, LTC is making a Bullish Flag with a pole pattern. With 106 as an Entry, our target will be the top of the flag i.e. 394. Let's see how this executes.
Hey Everyone, Elements of the Chart: 1. 3 Weekly Moving Averages - 50 MA (Light Blue) - 100 MA (Blue) - 200 MA (Purple) 2. 4 Vertical Lines - Black Line: Price under 50 MA After New ATH - Red Line: 100 MA crosses 50 MA - Green Line: 50 MA crosses 100 MA - Orange Line: Bitcoin Halving Things to Note: 1. All of these vertical lines occur in a sequence. 2....
Welcome everyone, In this chart, you can see two labels: 1. RSI Cross Down 2. RSI Cross UP When RSI crosses RSI's SMA and RSI < 40, it's Cross UP. And When RSI crosses RSI's SMA and RSI > 60, it's Cross Down. In the chart, you can see how the similar pattern has been formed on Ethereum Weekly. If this is the case again, you can see a drop down from (E) pretty...
Hey everyone, Today we are looking at VI (Vortex Indicator) at Monthly, Weekly and Daily. In Monthly, we are soon going to get a crossover. Red (-vi) crossing Green (+vi) is Bearish signal. Now we have two options: 1. Red does not cross Green, we stay in Positive/Bullish Momentum 2. Red crosses Green and the momentum shifts to Negative/Bearish. Things to...
Bitcoin Strong Bearish Divergence at Monthly can be seen and the result of this correction will be huge. It has formed two divergences of the same type i.e. Bearish. What do you think, will BTC create another Bearish Divergence or correction is going to happen this move? Let me know in the comments.
I previously made this chart below where I said whenever BTC went below 50 MA on Weekly, It retested the 200 MA Weekly. Exactly similar stuff is going to happen this time too. We are making a retest towards 50 MA and then will drop back towards 200 MA Weekly. Let's see how it goes from here. Thanks for looking at my idea.
Hey Everyone, Bottom - Green Line Peak - Red Line Halving - Yellow Line 200 MA and 50 MA are being used. Does anyone notice the halving occurs in the center of where Bottom Starts and Peak Ends? 2011 to 2013, Halving happened in 2012 which was the center of that period. 2015 to 2017, Halving happened in 2016 which was the center of that period. 2018 to 2021,...