Folks, Be aware of a possible head and shoulders pattern in the Litecoin/USDT pair on the 4 hour chart. The first breakdown of the neckline has got rejected by the bulls.. But simply if it breaks be aware of prices fall back at the horizontal line drawn.. How do you target this? You take the highest price at the head formation and calculate the % it falls...
Folks, Look at my chart analyze of yesterday about the Elliot Wave that is almost complete.. It still follows the plan and the path. When this Elliot Wave has been complete we are going to my skyrocket again, hopefully.
Goodmorning Y'all. As I have agreed with myself When starting analyzing my day at the charts I always going to start with Bitcoin. Because it is still the mother of all coins and when bitcoin goes alt coins most likely follows. We have seen a long black candle putting prices lower.. most likely a whale who is taking his profits after seeing the double top...
Hi Folks, Here is my view on Matic/USDT. On the daily and the 4 hour chart I see the trend line gets tested multiple times. The latest candle is fighting to hold price at support. What I have learned about bullish engulfing patterns is that the half of the white candle becomes support and the low of the candle becomes support and the lowest low of that session...
Hi Folks, Sandbox/ USDT I learned so much because this pair in the crypto lately.. 4 hour chart. What do you think about the Elliot wave theory.. What I see is the 5-3 pattern. I see 5 impulse moves up and then 3 corrective down. And in this 3 corrective moves I see the 3-3-5 subdivision moves. The question is will this be a Regular flat correction or an...
Hi Folks, Time to take a close look on Theta fuel/ USDT. We have a possible breakout occurring. We have almost reached the APEX of a ascending triangle on the 4 hour chart. There is the Golden Cross on the Ma's.. that's nice and positive. The RSI is at 55 so we have lots of space to make some gains closing 70/80 on the RSI. Momentum has reached it's point...
Hi Folks, As if NFT was going hard lately.. last days we are a little relaxing... This Theta/USDT chart doesn't make it easy to do some technical analysis.. At the daily chart we have seen a ' death cross' on the 23th of July. Prices made a decline and since then we act in a trading range.. Notice all the price action at the $6.- This has been acting...
Hi folks, While looking at the 4 hour chart.. read the text with the analysis and fill in yourself. While looking at the daily chart need to close at support line otherwise we will fall back..
Hi Folks, Zilliqa has made a nice little rally last days.. But what we see on the 4 hour chart price is hitting resistance and got rejected again. This has been the 3rd time in the last 5 days. We see momentum in a rising trend channel.. We still make higher highs and lows in the momentum so the trend can be seen as bullish.. Except we need to be cautious...
Hi Folks, Wow as Technical Analysis can be really fascinating and it really is. We have it here. You know the saying; follow your gut? Well are you ready to check it... Polkadot as much as I have trust in this asset and protocol we have to look to the Technicals to see what it is saying to us.. So let's start; Trend? Uptrend we have. We are battling...
Hi Folks, Don't stress seeing the price of Bitcoin declining. But we are at a price level and it's the moment of truth. The candlesticks on the daily chart say to us to be aware of any trend changes.. that doesn't immediately means that we wil drop 25/30% of the price. No maybe we can move a little sideways to gain momentum again and try to break the $41k...
Hi folks, Sandbox was flying high lately. There has occurred a ascending triangle. The uptrend line has been tested many times before and has stood the test. We seeing it being tested now! This testing of the uptrend is also forming a higher low in a bullish market. As the RSI has declined lately It has formed a possible bottom. And momentum is searching for...
HI Folks, CHILIZ once made hell of a money with this coin so I have some sort of weakness for this coin.. But for now the trend is ending, I suppose.. At least the technicals are pointing that way. So we talk about high probabilities. It still can operate the other way. BE AWARE. Note that. Prices are going up, with small candles, without lots of volume. That...
Goooooooooodmorning Folks, As I am a believer in the Polkadot ecosystem and I have positions in this beautiful asset I will give my opinion here on the USDT chart. What I see on the Daily chart for the price coming closer to resistance is not how you would like to see the price action fighting resistance.. Small real bodies with wicks on both sides not with a...
Goodmorning Folks, Unfortunately Bitcoin has a high probability of losing some gains in the coming hours/days. I hope I am wrong.. What we see at the 4 hour chart of BTC/USDT is that Bitcoin has rejected resistance 4 times now in the last day or so.. That is not good.. The last 2 candles forming are high wave candles with small bodies that implies indecision...
Hi Folks, Golden cross moving averages on the 4 hour chart. But the latest candlestick pattern show divergence in the Golden cross. We see a dark cloud cover pattern that is followed by a long black maribozu candle. If you ask me it is super bearish because there is lot of momentum in the downmove. The trendline drawn is 1st support that has been tested earlier....
Hi Folks, THETA /USDT See the chart for descriptions.. Always be aware that it can go the other way.. What you see on the chart is talking in HIGH PROBABILITY.. Always do your own due diligence and research. The Bullish Harami pattern that is forming is a Bullish signal.. The drawn trend line is a little support line that has been holding the price 3 times.....
Hi Folks, Greetings from Amsterdam and goodmorning to y'all .. HERE IS AN UPDATE on TFUEL/USDT pair.. We made a great rally lasts days and we see a little correction. Watch the description in the chart.. I have explained why I sold after the 2nd rejection of resistance.. And I am ready to buy back In again.. Waiting for a little confirmation (bullish) on the...