BTC has broken the parallel channel (and so did RSI). It's now back testing the channel. I think that it will go down to 26K-25K to fill the CME gap. I expect also a big pullback once it will be that low.
BTC seems to go down more (to $31000 maybe) today. Although 1INCH has been quite strong these days, I think that it would break the downside of the triangle to drop more than 10% the next hours. RSI already break its trendline. Entry when 1H candle close below $1.278.
APE is high volatile and loses 50% in just 5 days. But I think the reversal could be very soon because the volume continues decreasing (when prices decreases). I'm using again Bullish Bat pattern to predict the reversal point. I depict also the trendline and support/resistance to guess the next moves of APE.
BTC has been consolidated since two days in a triangle and formed a descending pennant. It's just broke this triangle. Moreover, the RSI's broke also its trendline. It's very likely that continuation will be the next step for BTC (after the first leg down on 05th May. I think the next stop is $34400. I think this price is a crucial and possibly a reversal point...
SKL formed a diamond and broke it. RSI broke also its trendline. Targets are $0.126 and $0.12
I'm using Fib Trend-based Extension and Trendlines to predict a reversal of LUNA at around $122. It needs to go down to see the EMA 220 (1D). This price is a crossing of Fib 0.786 and the upper trendline of the parallel channel. Moreover, volume is continously decreasing since it's started the second rally.
BTC loses almost 10% today. In correlation with stock, visibly. But market makers are also behind this drop? In any case, a Diving Board is forming for BTC. This pattern was seen in July 2021 and triggered a bullrun season (until November 2021). It is possible that this pattern is forming again for BTC. Let's wait the next a few days to confirm it (BTC should...
JASMY is in a descendant parallel channel and forms a rounded bottom. RSI broke out also. It will break out very soon and gain 20% more.
BTC has been in a falling wedge since 2 weeks. It is likely that a breakout will happen. My shorterm target prediction is $41500.
My EMA 50D & MA 230D crossover is happening. In the past, this crossover took place two times and triggered amazing rallies every time. KAVA price is in an ascending broadening wedge. This promisses a potential new ATH of $12. What do you think? All comments for this guess and FA news on KAVA are welcomed. Thanks in advance!
BTC has broken the descendant parallel channel (on 12H TF). RSI broken its trendline as well. It seems that BTC will have another leg down to 36K (to reach the yearly support trendline).
A bullish bat pattern is forming for LUNA. Moreover, a double-top pattern can also be seen. In the next hours, LUNA will recover a little bit then go down when hitting $92 (my Trend-based Fib extension 0.5 level). Once the neckline is broken (again), LUNA will fall to the lower Fib level ($84.5). Here in this level, we may see a 4H candle with a wick of $78.5
Diamond top pattern is forming for LUNA. After three days of consolidation, LUNA will make a clearer move in the next hours. Reversal or continuation? It depends on which side that LUNA will break this diamond pattern. In this context where both BTC and Stock are going down, I think that possibly LUNA will do a leg down. Let patiently wait & see.
BTC has been down from 43K with strong correleration to US Stock. If I could predict somethings, It would be very short term ones. On 1H TF, a rising wedge was broken and retested. IMO, the next target will be 38800. Then it can visit again 37800 (my Fib 0.786 level, see my longterm prediction for BTC on 02nd April).
APE has had quite high volatility these recent days. On 4H Timeframe, it seems to form a bullish bat pattern. I anticipate an early leg down here before a possible reversal at point D ($11.6). But the first stop for good profit should be $13.8 (quite good support at this level). One reason for this early reversal prediction is that there is a Bearish spinning top...
Double-top pattern formed. Neckline broken and retested. IMX will go down enough to reach target the next hours?
Bump and run pattern formed on #CHR (4H TF). Both price and RSI are going to break out (very soon if BTC is not rejected at 41300). Target of 20% is very possible.
I would like to create a late post here just to clarify the idea that I commented in my previous post. Today BTC's move was as predicted: BTC was down to 39ks with a wick of 38500 (I predicted a wick of 38400, yesterday) and immediately bounded. Since my early post on 06th April, I still think that if BTC can close above 42200 (EMA 50D) with 4H candle, it will a...