DOGECOIN about to test its ATHDOGE is near its all-time high, based on the previous percentage increase it could go to ~$2.5
DOGECOIN search analysis in google trends seems legit...
I think I will make a future post that explains crypto in down-to-earth words.
It has financial-practical value ===> it could be the future of money transfers the same way as Mcdonalds and Burger King were the future of fast food, before fast food... and then dominos pizza and pizza hut.
As always diversify.
Alltimehigh
Bitcoin - Inverted head and shoulders formation in trendchannelHello Traders
Here is a new scenario for Bitcoin. Patterns are constantly changing so you need to keep updating.
We see a trend channel on the 6 hour chart of Bitcoin. The price of BTC is moving with great precision in this slightly rising trend channel.
Currently the small inverted head shoulder formation has formed a slightly larger inverted head shoulder formation (see my other BTC analysis). Price target for this inverted H-S pattern is +68000 USD.
The target from 68000 USD for BTC seems to coincide with the red trend line and the dotted target line at 68,352 USD somewhere around 16th of May (see the blue arrow).
Even with a pullback to 53,500 USD, the inverted H-S formation remains fully intact.
If we break out above the old all time high then the large Head shoulder pattern of my previous Bitcoin analysis automatically expires because the right shoulder would be higher than the head (last all time high).
🔥 HNT Potential All Time High Break OutHNT as been one of the winners of last month, doubling in value over the course of April. Together with the majority of the crypto market, HNT is seeing very strong gains lately. Furthermore, HNT is currently on the verge of breaking out of the ATH resistance, excluding wicks.
If this strong bullish move continues we might see HNT reaching $30 in the near future.
Happy trading!
Bitcoin forming right shoulder of a head and shoulder formationHello Traders,
Here we see the 4 hour chart of Bitcoin with an interesting development.
First, we see a small inverted head shoulder formation with a target of around 65000. That is the old top. At the same time, it seems that we are no now forming the right shoulder of a much larger head shoulder pattern.
The right shoulder of this pattern should not be higher than the head. So it is first possible that we reach almos the old all time high and then drop to the neckline.
It is still too early now but we need to monitor the development closely because if Bitcoin drops through this neckline a much lower target is in sight.
This is purely a hypothesis. This is how it could go if Bitcoin follows the pattern.
On the other hand, if Bitcoin meets the target of the inverted smaller head shoulder formation and we rise above 65000 then the pattern expires and Bitcoin can move further up. towards +100,000 usd.
Currently, Bitcoin volume lags on increases so that is always suspicious and something to keep in mind.
It will be interesting to see how this possible pattern develops further.
So I'm short term bullish but if we don't cross the all time high then I will be bearish. Bitcoin could then form a double top or the right shoulder of the head and shoulder pattern further. Things can then go quick because it means we failed for a 4th time to stay above 60.000 usd.
We are still in a good month for Bitcoin historically so that causes the odds for long. Just keep an ey on the general development of Bitcoin and zoom out for a clear view on the trend.
VeChain - Buy the Dip?We're looking around the 0.22 before another push to the upside. This area may come off a key level and psychological level in price, coinciding with a trendline bounce that has been respected for some time now.
Lots of positive fundamentals around VeChain - lets see what happens!
Interested in diversifying your forex investments with crypto? Drop me a message.
NEO-USDT to hit ATH and complete parabolaHello traders and investors 🖐🖐 !
Let me just say WOW, take a look at NEO go🏁🆙⏫!
I suspect NEO will fall to our approximate fib retracement, and then continue on it's climb up to hit it's ATH of 141 which we saw back in 2018.
As everyone says it is ALT coin time to shine! NEO-USDT was the first Decentralized blockchain that China made known publicly back in 2014. NEO is very secure and innovative.
Back in 2018🕚 when NEO reached it's first ATH there were roughly 1billion 💲 24hr circulating volume, today we are looking at almost 8billion 24 hour circulating volume♻.. What a jump🏃♀️🏃♂️! I have no doubt that NEO, will kiss👄 it's previous ATH price of 💲$141, and quite possibly continue on it's run⏫😁 to make a new ATH🤩. Stay tuned.
🛑🛑🛑THIS IS NOT FINANCIAL ADVICE🛑🛑🛑
Always keep a stop loss🤚🛑💲, keep a close eye 👀 on BTC for sudden bearish movement that would be very dangerous⚠⚠⚠ and trade at your own risk!!!!
Thank you so much!!!😁💹🤪
Any thoughts 🤔💭, questions🙋♀️🙋♂️❓, good👍, bad👎, happy😃, sad😥, always welcome in the comments below⏬!
Jazerbay💗
Chilliz ranging before a parabolic runNFT's will be back in favour again soon in this bull run.
$CHZ ranging between 0.48 and 0.55 before another run-up with both price and volume support
Had a huge run-up so could take a while to digest the gains before the next leg.
Partnered with FCB, PSG, AS Roma and UFC. A project that brings normal people into Crypto and has some real-world use case
Back to ATH will be 71%.
SL: 0.42
Chilliz, Enjin and Mana :)
NEXO: Strong Breakout Through a Crucial Level ATM at $4 EOMNexo has been on an absolute tear from the Fall of 2020 and the momentum looks to only be picking up. A major breakthrough at the 0.618 Fibonacci level followed by a strong ~20% pump into a new ATH indicates a continuous push well into the 1.618 and 2.618 fib levels. $4 and $5 are major levels to watch out for and keep in mind for possible profit taking opportunities.
Hello everyone, I think the new pattern is as in the chartI am looking forward to hear what you guys think!
Bitcoin reaching the $65.000 target, what's next?Almost 2 months ago, i shared my thoughts about Bitcoin and it's previous cycles. (link below)
The course seems to follow the path quite exactly as I had shared before. Better than I expected.
What's my next target?
I'm looking at ~$95,000. This is purely based on the previous cycles. But as it stands, we look pretty much on the same route as before.
Thank you for checking my analysis!
Do you have tips or other comments? Tell me please! I'm open for feedback!
New Alltimehigh: Bitcoin breaking out of the inverse H&SHello everyone, this is another update of my previous Bitcoin analysis. The price broke out of the inverse Head & Shoulders structure (in this situation as an continuation pattern) and is currently marking a new Alltimehigh at $63.000. We reached our first target at the Previous High ($62.500) and we are now aiming towards the trend resistance, the Fibonacci Trend Extension and a higher high on the momentum indicators.
Therefore i'm expecting the $66.000 area within the next days.
Cheers,
Ares
Apr 10 - The price broke the neckline of the inverse H&S pattern and retested the previous resistance afterwards
Apr 5 - We recently saw the price moving in a Bull-Flag and spotted a breakout here as well
Mar 29 - First change of structure
$DIS will break $200 in the very near futureWith the recent deal that Fox made with the NFL (go Niners), I believe that this makes Disney a lock to break all-time highs very soon.
I have Disney on my 7 wonders of the stock market list (available upon request), so not only is this a safe bet regardless of securing NFL TV rights, but this simply secures Disney's position for the long term as well.
I believe that we will see a $220 DIS price for kickoff of the NFL season. Come back to see this post when that happens!
Simple trend spot, once it breaks the downward sloping resistance, it will fly.
Good spot to buy now, if not wait until first support and load up.
Disney is not going anywhere folks...
*Not a financial advisor.
**Don't judge me on my winners. Judge me on my losers, because there are so few.
LTCUSD: Correction before the peaksOn LTCUSD, a correction (4th wave) can be expected after reaching our respected non-horizontal trendline. If the price goes into a corrective phase, then our Long-position Trigger would be around our support, (200-205) levels, and it will be the beginning of the final impulse of this 3rd motive wave.
And if the price breaks the ATH, we can BUY with more confirmation and with even bigger lot sizes.
Until then, Trade Safe and Best of Luck !
BTC New All Time High Coming SoonBitcoin has formed an inverse head and shoulders pattern and has broken through the neckline with a big green candle. It's hit a strong resistance level but after a short pullback, if price breaks above resistance (around $58,400) then I see btc easily reaching a new ath; target at $63,000 but beyond that is highly possible.
Behold Litecoin, the great oscillatorWhat you see here is not financial advice!
Here is a very rough macro analysis of Litecoin against historical price/indicator movements. Sadly, unlike most other major cryptos, Litecoin has not broken its 2017 ATH. Some could see that as an opportunity however. I just thought I'd share this interesting similarity I picked up on while examining the MACD in the months prior to the 2017 ATH. I matched that with the "1" and "2" on the chart then vs now according to my interpretation of what could be around the corner.
Notably, in relation to the broad upward channel I've drawn (I drew this almost ages ago now) this MACD action is happening around the same place in the channel, very close to the midline. Lots of room to go up IMO if the past is any indicator.
All along the way up, the 10W EMA (blue) acted as pretty good support until it finally gave way in May 2018 for almost a year, in addition to other EMAs turning into resistance. Similarly, Litecoin is finding support above the 10W EMA again. Currently that's at ~$150, so we can't leave out the possibility that that level gets tested again in the near future before it tries to attempt new highs. We can see the same gaps forming between the 10W, 21W, and 200W EMAs as Litecoin pushes higher.
SRMUSD another retest of previous ATH at $3.79 before move up We have already previously retested the resistance turned support at the previous ATH price of $3.79, however with the current bearish momentum of BTC this is dragged all ALTs down with it. It looking very likely that we reach this price once again before a continuation of the upwards trend