Shuarix

Shuarix

$ETH / $BTC Important event for #Ethereum network: August 4 - EIP-1559, so only 2 days left. Triangle breakout, with confirmation on 4h. Potentially mooning w/ #ETH pulling all markets after it.

Shuarix

Bounced from the ascending trendline and confirmed it by several 4hrs candles. We did close a 1D candle below the line, but considering its shape (reversal) with a triple bottom on the same level I was expecting a bounce. However, not this big. Another pattern made by the price is a descending triangle, where we're having LHs & a flat lower trendline. Sellers...

Shuarix

My 2nd target has been hit. Considering this sort of triple bottom, we might see a retrace here. But I doubt that is going to be big, why: Looking at the past buy momentums (green ellipse), we can obviously see only spike candles. And now, not so many bulls.

Shuarix

$BTC My first target was hit, now bounced around $1k from that level. This is where I exit my trades & waiting for more candles to build up. We're getting LH & LL. At this point, I'm eyeing $30184. I will start preparing some grid buying orders.

Shuarix

$ETH I keep it simple. Before becoming a bull again, some levels need to be reclaimed. Until then, I trade what I see & what I know. $BTC From my POV, what's inside the red ellipse is actually the correction of the impulse contained in the green ellipse.

Shuarix

$BNB On short-term my prediction is that #BNB price is going lower. On 21st June, we had the impulse followed by its correction. After this the price couldn't reclaim the $335 resistance and now it looks like another momentum is coming.

Shuarix

$BTC We got our first 1D candle closed below the ascending trendline. On a smaller TF, higher chances are to see lower levels sooner rather than later. And at this point, imo, the retest of $46k could be at least months ahead - if the chart would suggest something.

Shuarix

$BURGER The bull flag pattern didn't play out. But.. now we have the price in a big accumulation zone. Which, imo, is more desirable. I will start accumulating some coins here. BB is tightening - momentum incoming.

Shuarix

$BTC The sc. 2 makes more sense than the 1st one, as it's on a bigger TF (one who dictates). The local support broke, together with the trendline. According to the pattern, the impulses should be equal, but considering the bull/bear traps I will wait for more candles.

Shuarix

$BTC - Scenario 2 At this impulse + correction structure, we can identify both element much easier than on previous scenario. We can clearly see the impulse (short), while the correction is an ascending one, that looks like a rising wedge (short).

Shuarix

$BTC (Scenario 1) Price has bounced again on the trendline. Local TF - a symmetrical triangle. If it would be to consider the impulse, which bounced last time at 28k, we can say that this sym. tr. is its correction phase. If so, we could see #BTC retesting $40k.

Shuarix

I think it could happen any day for #ETH to flip #BTC. I'm not a maxi of neither, but $ETH's ecosystem is growing exponentially. $ETH is retesting the upwards broken trendline, while $BTC is right above the trendline, which, if broken, we could easily see #BTC at below levels.

Shuarix

The bad: Not so much volume for the breakout. So now back below the trendline. The good: Price within a local ascending channel. Got rejected by the lower side of it. If we close under the blue line it means a LL Thumbs down. There is a scenario where we might have the 3rd leg up

Shuarix

$STRAX Still in accumulation zone. But buying at support and selling at resistance still works for some #alts like this one. Even tho it pumped almost 50% in the past few days, I'm still watching it. ATH was in '18 at $22, now price is $1.6.

Shuarix

$SYS This might be to early to call on #Syscoin, but its chart makes me load some bags. Price is now entering in an accumulation zone, while the potential is huge. The fundamentals of this coin are strong, & team is still delivering.

Shuarix

$SOL Update Price broke the trendline & bounced on $22 support. Now for the 3rd time it's retesting it, along with the $33 res. The market looks pretty strong comparing it to others. While #BTC & #ETH are looking to break a descending TL, we might see also #Solana at $40.

Shuarix

$BTC & $ETH Without volume, we can't see this breakout. If we can't see this breakout, we can't see HH or HL. Even though RSI slightly points out an up continuation, we still need more indicators confirmations. At least we are above 7,30,&50 SMA.

Shuarix

$BNB Pattern played out accordingly. Of course, this couldn't be possible without #BTC/#ETH performance. But here we are with #BNB price, which might retest the local flipped support of $333. Lots of coins double-bottomed, so a retrace is expected across multiple markets.