farhadnmd

farhadnmd

Dent is forming a clear pennant and looks decent on the weekly time frame. It needs to break out of the pennant to hit $0.068 as the first target. The next target at $0.3 requires a super bullish market but it's not impossible to reach. In bearish scenario $0.001 is the first support for Dent.

farhadnmd

Bitcoin held the long time support very well and after about 3 weeks of consolidation it has broken out of this consolidation zone and now I expect a spike up above $52K after a retest to this broken zone

farhadnmd Updated 

SHIB is on an important support and bounced very well. In case of breaking out of the resistance at 0.00003711 it can hit the next targets: 0.00004878 0.00006959 0.00012424 On bearish scenario supports are 0.00002470 and 0.00002060

farhadnmd

Tezos (XTZ) is moving regularly in a parallel channel. Now it looks decent to make another move up to $14.4 if the resistance breaks

farhadnmd

Tezos (XTZ) is moving in a main parallel channel and it's now printing an ascending broadening wedge pattern on the weekly chart in pair with bitcoin. I expect another leg up to the resistance zone at 0.00023 and then falling down to 0.00004 level. If it couldn't reach this resistance level and rejects the EMA50 at 0.00011 it's highly possible to break down the...

farhadnmd

ZIL just formed a huge cup and handle pattern on the weekly chart. This pattern only will be confirmed if the price closes a weekly candle above ATH at 0.2355. At first it has to break out from the current descending channel which is the handle of the main cup and handle pattern. The pattern projection is $25! the first targets for the bullish scenario are $1,...

farhadnmd

Tron is testing the support of a long-time ascending channel at $0.08. If this support fails, the next support will be around $0.05. In another scenario if it breaks the triangle resistance it can hit the higher targets at $0.4 and $1.3.

farhadnmd

TRC20, a protocol based on Tron, is being used frequently by cryptocurrency activists because of the very low fees on the transactions. Meanwhile, Tron didn't have any significant move in the last 2 years. On the weekly chart in pair with bitcoin Tron has developed a symmetrical triangle. If it breaks out of the triangle upward it can make a leg up to 0.000007....

farhadnmd

The main supports are $2.5 and $2 First target at $5 and then $11.3 and $13.8

farhadnmd Updated 

AAVE just made a clean symmetrical triangle pattern on the daily chart. It can go either bullish or bearish (mostly bullish). Bullish scenario targets are $500, $800, $1K. Bearish scenario is less likely to happen as Elliott's Waves corrective pattern seems bullish. In this case scenario, the first firm support will be around $111.

farhadnmd Updated 

Lisk just formed a huge symmetrical triangle. In case it breaks out of this triangle upward it can easily nail it to $5 and then, $7.

farhadnmd

ICX (ICON) is moving in a well-shaped parallel channel on the weekly chart. It has been reacted well to an important level at $1.2 which is also a long-time dynamic support and the bottom line of the main channel. IF it bounces from this level and stabilizes above the EMA200 (Ideally at $1.4) we can expect the price to test the resistance at $2.5. The target price...

farhadnmd

The Crypto market is now suffering from an intense drop since Bitcoin fell down below 52K level. And now a huge Head and Shoulders pattern formed on the ChainLink weekly chart. The bullish and bearish scenarios depend on the very important key level at $15 - $16. If this support level breaks down the next important level to test will be around $10.6 and in case of...

farhadnmd Updated 

An ascending broadening wedge pattern formed on the dogecoin chart. I expect it to make a big move up to $0.44 for the short term. On this level ($0.44), it depends on the market whether if another FOMO drives the price to $1 or rejects this level to the pattern projection.

farhadnmd

ANKR/ BTC is printing a huge cup and handle pattern on the weekly chart. This cup and handle pattern will be confirmed only if a weekly candle closes above 0.00000303 and the pattern projection and the target will be around 0.00007057 then

farhadnmd Updated 

Bitcoin is moving like the fractal in 2019 right before the crash in March 2020. It just broke out of a descending wedge and did a successful retest and now it's about to have a slight correction to $52K before hitting the new ATH at $104K in an ascending channel.

farhadnmd

JST (JUST) is moving in an ascending triangle pattern. The pattern will be confirmed in case of breaking out the $0.1 resistance. Target is around $0.165.

farhadnmd

Dollar Index supported from the main long-term support at 89, and recently broke the neckline of a huge double-bottom. The target for this double bottom pattern is around 99 which is also the projection of Elliott's "D" corrective wave; So I expect the commodities to suffer a correction for the next few months.