ADA just completed a big-long inverse H&S pattern with price target $1.7 which is about 8x from current price.
Ascending triangle in hourly candle is seen. Target pattern is $1430.
ETH ATH is coming very soon in the next couple days
SNX just broke out the consolidation range target profit 3x
ZIL is having a pullback, a good time to reenter the market. a big long inverse H&S is completed with target pattern at $0.5.
LINK is consolidating for the last 6 months forming a LONG-WIDE symmetrical triangle. If break out occurs, a massive rally will follow with a pattern price target with > 200% gain.
Bitcoin is due for a healthy correction. Repeated cycle?
ETH will moon in the next 6-8 weeks
July 2021 Bitcoin market cap will break US$ 1 T. Using a simple symmetrical triangle breakout target pattern.
Symmetrical Triangle is seen 3 weeks after the price drop from $250. Trading Setup Bull Scenario: Open limited position if the pair breaks out the triangle . Add more position when price breakout every 2 resistances at $ 155 and $ 180 . Currently trading at the EMA (20) and EMA (50) 4-hr candles, a golden cross is seen, but might be a fake one. The pair...
The ascending triangle is seen 3 weeks after the price drop from $9100. Trading Setup Bull Scenario: Open limited position if the pair breakout the triangle. Add more position when price breakout each 2 resistances at $ 7650 and $ 8500. Currently trade above the EMA(20) and EMA(50) 4-hr candles, even with golden cross. The pair tend to consolidate between...
Everything happens in a systematic pattern. This is also valid for any equities where its price is driven by the forces of supply & demand (e.g., bitcoin, stocks, etc). View: The bulls defended the ETH/USD pair at the top of the A-B line of the triangle pattern that is formed from the All-time high level. The crash due to COVID-19 and Oil price issue is currently...
Everything happens in a systematic pattern. This is also valid for any equities where its price is driven by the forces of supply & demand forces (e.g., bitcoin, stocks, etc). View: The ascending triangle is seen in weekly candles. The current crash put the lowest price, at the press time, considerably at the top of the B-D line of the triangle. The 3rd...
If you are interested to discuss this simple analysis please comment below. The goal of this posting is basically to click the play button for me on May 9/2020 and see what is going on. So excited. Appreciate your likes and comments. :)
The bulls successfully push the ETH/USD pair above the EMA (30) level 2 days ago, which is supposed to be a positive sign. The pair is also still above its SMA (200) level, the long downtrend line and mid-term uptrend line indicating a bullish condition. However, the bears aggressively resist the uptrend momentum at Fibonacci 78.6% level and try to push back below...
The symmetric triangle pattern is seen after the bulls successfully broke the critical support around $3.0 yesterday. The uptrend is likely to be continued where the first target is the latest higher high at $3.98. If the triangle is broken out, such a scenario is possible to happen in the next few days. The buying position can be done now with a strict stop loss...
The bulls successfully broke the $3.0 resistance with confidence volume (higher than a VMA(60)). The strong uptrend momentum is likely on the bull's hand now. Using Fibonacci, the 1st target is $5.3-$5.6. Following a similar timeframe and buying power of the first rally, XTZ can reach $5.3 level by mid of April. However, two important resistance must be broken...
The bulls defended aggressively the $223 support for the last 8 daily candles since February 26, 2020. RSI value close to 50 indicates the BULLS & BEARS are waiting for the next action. However, it is highly likely that the BULLS will take control next. 4 technical basis why the pair of ETH and USD can continue its strong uptrend starting in early January to...