WAVES has been one of the most performative cryptos in Mars 2022 with more than 600% raise. A (medium) bullish divergence on 1D Time Frame can be seen in its chart. How high would it go this time? As usual, I put some targets and the nearest support as references.
BTC is moving in a ascending channel. Here is my very short-term prediction. Resistances are the MA 200W and the black dashed trendline (above the MA). I don't think that BTC would break both resistances. A fallback is expected at these levels.
On 4H time-frame, JASMY formed a triple bottom. It has broken the neckline (also the trendline). Successful retest is going to be confirmed (let's wait for the current 4H candle's close). On the higher time frame 1D, we can see a medium bullish divergence which reinforces the upside move (see below).
To be continued with my BTC prediction on 17th & 28th May which predicted well this capitulation, here is my very short-term view for BTC until the end of this week. BTC is now ranging in a small descending channel. I think that BTC will bounce each time touching the $19800 level which is a support since 2018. It should close this week above $23000 for not being...
ONE is forming a triple bottom pattern. My prediction is shown in chart, which is correlated with the expected moves of BTC (posted yesterday).
On 4H Timeframe, LIT broke the strong support, retested it and failed. Next target is shown in chart. The SL would be above the next resistance (blue) line.
BTC has lost the wickless weekly trendline support on 11th May. Restests of this level seem to be rejected (on 1D TF). In a previous prediction of BTC this week, I thought that BTC would revisit $26000 (still on its way!). What'll be the next destination if this prediction is correct? It is very likely that BTC would go deeper to touch the SMA 200W at...
I published an idea on BTC capitulation (see link below) ten days ago. This post is a new update on when BTC would go to this level. As you can see, BTC is losing the "210K line", a very meaningful trendline that I'll explain this in my future post. My prediction says that BTC would go down around the 200W MA Line and the dashed trendline next to this 200W MA,...
C98 has been one of the most volatile cryptos since the big drop of BTC on 11th May. It recovered more than 120% since the local bottom. Today, it broke its trendline (on 4H TF). Also, the RSI's one was broken. Retest of these trendlines seems to be on-going. I think that C98 will be rejected (by trendlines) and will continue to go down. My expected targets are...
I would like update the prediction done for NEAR on 11th May. NEAR lost its wickless weekly trendline on that day (see the below snapshot). It is one of the last L1 coins that could not hold this strong support. Retest of trendline seems to be rejected. I think the it will go down to see the next wickless weekly trendline in one or two weeks.
Bullish bat pattern is being completed, i think. But need wait until the end of this week to confirm this. If so, a big reversal will be forseen.
It's quite delicate to trade these days when BTC has been ranging between $28600 - $30800. However, there are some coins with good volatility and with clearer trend: KNC is among these coins. In 6H time-frame, KNC is forming an ascending triangle with a hidden bullish divergence. This week, it would reach $2.77. At this resistance level, it's very likely that...
History seems to be repeated (on monthly time-frame): RNO has been consolidated (again) in a big triangle after bearish rally since the end of 2018. This price action was seen in 2009-2012 after a big fall linked to the automative crisis in 2007-2008. In my opinion, it's time to accumulate RNO (around 21-23 euros) and hold for 3-4 years. Expected benefit is...
To be continued with my previvous post, this is a zoom on three posible scenarios for CAC in mid-term.
CAC40 has been ranging between 2500-7000 points since more than 20 years. We can see the impact of previous big crises on its evolution and prevented it to go break the 7000 threshold. I think that CAC40 is now at a turning point. Does it continue to go up to test 7000 again or fall down? It is quite difficult to have a long-term prediction, specially in this...
NEAR broken its yearly trendline (on 4H TF). I think that it is the last L1 crypto that would resist this trendline. Now it will go down quite fast. Targets are $6.8 - $6 - $4. I would add finally $2.4 if you're greedy.
BTC has been consolidating in a triangle after losing the weekly trendline last week. I think in the next days, BTC/USD pair will revisit $26000. If we trace a Trendbased Fibonacci extension (using three anchor points $69000 - $33000 - $48000), BTC has lost the Fib 0.5 (at $30118) on 11th May. Now it is revisiting this level (see the snapshot below). However,...
Head & Shoulder (H&S) pattern formed on 30m timeframe. Retest of neckline is on going. I think that it will be rejected (by the neckline) and will loose 10%. Target: $0.29