As you can see, BITTREX:CROEUR is still in a clear downtrend with a correction end-December 2021, CRO looks like is going to make a new correction/retracement, here is my scenario: What makes CRO Long (for the next weeks, globally still in a downtrend)? Strong bullish candle Crossed RSI for the first time since last retracement Till where is the to...
As you already know, or should definitely know, Ethereum is not in a bull market, nor a bear market but a crab market, that means that it's currently being manipulated and you can only predict its moves applying the rules of the SMC. Millions of positions got liquidated by the voluntary crash of bitcoin down to 2.3 k. Ethereum is probably going to crash below 2k...
The Market was all red this afternoon but bitcoin held up his position by staying green today - I am still believing in the head and shoulder scenario I have shown before. Here on the chart we can see: - a small support that keeps bitcoin up - lower day highs for the past week. I think that bitcoin is for now not ready to get out of this zone, but if the...
Instead of currently being in a bullish trend at the base of the second shoulder Bitcoin could already have formed that second "shoulder" and now bounced off the support line and undergo a massive correction down the 25k support line. I personally still believe that like explained in my previous post, we are currently like I said at the "base" of the second...
As we can see bitcoin is forming a head and shoulder pattern. We are currently in a bull trend at the second shoulder base which will reverse at around 45k to undergo a huge correction because a head and shoulder pattern is bearish.
Here is a scenario of what could happen just before the next drop to 30k, Bitcoin is probably going to "range" in the next days/week and then set up a bullish pattern which is a trap to liquidate traders and then...
- SMC based Bitcoin "W" pattern, see linked post for more info OB - orderblock IMB - Imbalance ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ If you enjoyed this post and agree with me, a like and a sub would be...
I am going to explain the revolutionary SM concept in a later educative post. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ If you enjoyed this post and agree with me, a like and a sub would be very nice : ) If you...
Let the image speak for yourself... ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ If you enjoyed this post and agree with me, a like and a sub would be very nice : ) If you have any other ideas or simply disagree,...
I made a personal TA on NYSE:PFE using FIB retracements to define when to buy the current pullback reversal. PFE is currently in a very clear uptrend an its previous pullbacks "reversed" at aroung 50%-61.8% FIB so i think that this current pullback is going to reverse at around 50%. Before buying: Check Rsi bounceoff and SMA positionning to form a...
As you can see on the SBEV chart, there is a build-up of tension towards the end and an inverted hammer candle. The long upper wick of the candlestick pattern indicates that the buyers drove prices up at some point during the period in which the candle was formed, but encountered selling pressure which drove prices back down to close near to where they opened....
We can see on the chart that there is a reverse hammer, but we still need a confirmation too see if it is going to be an uptrend or a downtrend
As we can see bitcoin is forming a head and shoulder pattern. And we can also see that Ethereum is following a very similar pattern. We are currently in a bull trend at the second shoulder base which will reverse at around 3400 to undergo a correction to complete the head and shoulder pattern. The course of Ethereum could still go completely differently from my...