ATH Mode On => Request Your Altcoin Analysis NowThe bulls are back in action, and momentum is building fast! ⚡
To celebrate this major milestone, I’m opening the floor to YOU 👇
Request any altcoin in the comments, and I’ll personally share my technical analysis on it! 📊✅
Let’s make the most of this market together — it’s altcoin season waiting to happen! 🚀
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Altcoins
Dogecoin Prepares 2025 Bullish Wave · New All-Time HighThe last time that Dogecoin produced strong bullish action was November 2024, more than 217 days ago. Before this wave, there was a small period of growth in early 2024 and that's about it, the market was bearish for a long-time after the 2021 all-time high. There is good news though. Dogecoin is preparing for a new major bullish cycle and this cycle is already in place.
Since mid-March 2025 the action has been weak. No growth but no decline either. Between May and June, there were more than 8 weeks of bearish action but Dogecoin's price remains strong within a mid-term higher low. The last three weeks have been green with this week being full green trading at the top of the candle, the market is about to produce a major advance.
If you look back to October 2024, late, you will see small candles then several huge big candles, maximum growth. That's how Crypto tends to operate. One day the market is silent, the next day we are witnessing the strongest ever bullish wave. This is what Dogecoin is getting into right now.
If you look back to early 2021 it is the same. Late March and early April 2021 we have very small candles and then everything changes suddenly and the market produced astonishing growth. We are on the verge of such an event, the 2025 bull market phase and bull run. Get ready and prepare for a new all-time high.
Namaste.
ETHBTC Opportunity Buy: Major 2025 AltcoinSeason & Bull MarketThis is the big one and the good one. ETHBTC was bearish since December 2021 but this cycle finally came to an end in April this year. After the initial bullish breakout and higher low we can clearly see some bullish action developing; three consecutive weeks green. The bullish bias is now confirmed. It is still early.
We are looking at 200% potential. The "back to baseline" target. This is a price range where ETHBTC traded sideways as part of a distribution phase for more than two years. This is a must-to-be-tested resistance zone and thus opens up a sure 200% profits potential for this newly developing bullish wave.
Ethereum's ETFs are coming, Bitcoin already has its ETFs. This can mean Ethereum outperforming Bitcoin, and many altcoins, in so many ways. This also opens up the potential for a new all-time high on this pair.
The same sequence of 'low-higher low' happened in the last bull market. ETHBTC hit bottom in September 2019 then produced a higher low and this signaled the start of a major, long-term 447% rise. The conditions are similar now but the rise will be faster.
We have two main targets for the all-time high in late 2025 or early 2026.
1) 0.13207. With 442% profits potential from current price.
2) 0.20278. With 733% profits potential.
The entire bullish cycle for this pair can unravel within 4-6 months. If it becomes extended, it can last one year or longer. Both scenarios are possible.
It is 100% certain that ETHBTC will go on a major bullish cycle together with the rest of the altcoins market. Bitcoin will also grow.
Thanks a lot for your continued support.
If you are bullish on Crypto, comment below.
Namaste.
Cardano Ultra Bullish Confirmed, $1.83 Next (Easy) TargetThis is it. This is the signal you've been waiting for and the strongest possible signal across the Cryptocurrency market. Cardano is now moving above MA200 on the weekly timeframe, on a full green candle, as Bitcoin produces a very strong new all-time high. Simply put, this is the best ever.
Cardano has been testing the same low since early February, for five months. Five months and this support held nicely and now the action is turning green. The correction is over; consolidation is over, now comes the resumption of the bullish wave.
The bullish wave will produce a major, major, higher high compared to early December 2024, a target of $1.83 in the coming months and this is not all. This is not the end of the bull market nor the bullish wave, this is just the start, mid-portion, we are set to experience growth long-term.
You can go all-in now. The altcoins bull market is already confirmed. Bullish momentum will start to grow. Feel free to buy and hold.
Thanks a lot for your continued support.
Namaste.
Bitcoin's Next Target Based on a 210 Days Long ConsolidationAfter each 210 days long consolidation phase Bitcoin advanced 137% on average, from bottom to top, since the November 2022 bear market low. Such an advance would put Bitcoin at a price of $170,000 next.
Now, the 137% is just the average. In one occasion Bitcoin rose 83% while in another occasion total growth amounted to more than 200%. We are counting the rise from the consolidation phase lowest point.
Let's look at some numbers:
» An 83% rise would put Bitcoin just above $135,000.
» A 128% rise would put Bitcoin right at $170,000.
» A 202% rise would put Bitcoin at a price of around $225,000.
~200% is how much Bitcoin grew between late 2023 and early 2024.
How much will Bitcoin grow exactly? We don't know. What we can know for sure is that there is plenty of room available for growth.
We are aiming for at least 100% growth starting from 100K, that is, a target of $200,000. Can be $180,000 just as it can be $220,000. That's the cycle top.
Do you agree with this target?
Leave a comment with your number.
Thank you for reading.
Namaste.
Epic Chain 212% Move Mapped —The 2025 Altcoins Bull MarketThe altcoins market bull market is fully confirmed and this confirmation comes as soon as Bitcoin hit a new all-time high. When Bitcoin is strong, bullish yet sideways, the altcoins market tend to grow. The altcoins are growing now, some pairs growing three digits within hours and that's because Bitcoin continues to consolidate near resistance. This same dynamic will only strengthen and is set to continue for months.
Epic Chain (EPICUSDT) already hit bottom and is ready to grow. Here we have a very easy 125% target, a fast, strong and easy bullish wave. It is likely to go way beyond this target but this is based on the short-term. It will go beyond because the altcoins are producing over 50% in their first hour or two of the initial bullish breakout. More than 100% within days and the potential for the entire bull market will be 20-30X on average.
You've been warned. This is a friendly reminder.
Prepare and maximize profits. Do whatever it is necessary to make the most of this opportunity, it only happens once every four years. This is the 2025 bull market bullish momentum building up. Just as promised. You will be happy with the results.
Namaste.
Bitcoin's New All-Time High = Altcoins Market Bull MarketThe shy new all-time high is in and it is good to be Bitcoin today. It is good to be Bitcoin, to be in Bitcoin and profit while trading Bitcoin but the bears got rekt and that's oookkkk. We accept their loss and it is their loss they earned it by being short when the market is good, bullish and strong. Who would short Bitcoin right before a new all-time high? I don't know.
A new all-time high was hit today, the price $112,000 but this is not the end. Not even close. This is the beginning of the next bullish wave.
I know what you are thinking, or might be thinking; Wait, but what about a drop? What about the correction? Will it go lower? Can I buy Bitcoin at 90K? I told you to buy when prices were low... "You would look like a genius for buying below 80K," 100K is already gone. No, no correction! Bitcoin is going up.
When resistance breaks it means higher. When prices move higher it means higher. When a new all-time high hits it means the bulls win. Now that the bulls won, the battle for the rise or the drop, we can expect higher prices. If you have any doubts, look at the altcoins. The altcoins market says we are entering a period of long-term growth.
Bitcoin will continue to hold strong. It will continue to rise surely, slowly, or fast, but long-term. It doesn't matter the speed; Bitcoin for the whales, altcoins for retail.
A small capital will grow faster with the altcoins because they have higher room for growth. The projects being smaller, more volatile makes for a good trading experience. Higher risk but also a higher opportunity to grow in the short- and mid-term. Bitcoin is good to retire now. Bitcoin is great to hold value, to support the market as it continues to grow.
For me and for you, welcome to the altcoins market bull market.
Thanks a lot for your continued support.
Namaste.
Bitcoin's Consolidation Almost Over —200-220 DaysBitcoin's consolidation period before a bullish breakout tends to last some 200-220 days on average. We have four instances of this pattern since the 2022 bear market counting 2025. Let's look at those. This proves that Bitcoin is set to grow in a matter of days. Continue reading below and make sure to boost. When you reach the end of the article leave a comment with your opinion about this issue. Do you agree? Do you disagree? Can you see what I mean?
» Back in 2022 Bitcoin consolidated for 203 days before a bullish breakout.
» Back in 2023 Bitcoin consolidated for 203 days before a bullish breakout.
» Back in 2024, last year, Bitcoin consolidated for 217 days before a bullish breakout.
It really depends on where you start counting for the total days but it all adds up to 200-220 days. With 220 being the maximum.
» Currently, in 2025, Bitcoin has been consolidating for 210 days. Looking at previous patterns, this means that only a few days are left before Bitcoin produces a bullish continuation.
We also saw that once Bitcoin breaks out of a this long-term consolidation range/period/phase, it never moves back to the lows of the consolidation range. That is, Bitcoin will never trade below 80K nor 90K once it resumes growing.
I am estimating that the next jump can start as early as next week. The entire move can take months to develop. After a peak is reached, Bitcoin will then start a new consolidation phase with a bearish bias first. This bearish bias produces a low after several months yet a strong higher low compared to the previous consolidation period which is current prices. After this low, more consolidation and then a new bullish jump.
If we take into consideration a bear market, then the dynamics can be different. Bear markets only happen once every four years. Seeing how different market conditions are now, the next bear market will be interesting because it won't be anything like the bear markets of the past. Bitcoin will remain much stronger but that is an analysis for another time.
Summary
Bitcoin is going up. It is very close now. When Bitcoin breaks up and hits a new all-time high, just to continue growing, the altcoins market will explode. You've been warned.
Now you can leave your comment.
Share your opinion on the comments section below. I know you have something to say. You've been trading Cryptocurrencies for years, buying and selling, making profits so... Are you ready for the 2025 bull market?
Thank you for reading.
Namaste.
Bull Market Action Exposed—Bitcoin Cash Growing 91 Days Non-StopWhat we are seeing now is very different compared to the past. If you look at early 2024 the rise was composed of strong big candles, always fast as if in a hurry. Very strong growth. If we go further and consider late 2024, we got a lower high but still very big candles. Fast forward to present day 2025, and we have a perfect uptrend, prices rising week after week after week with relatively small candles, some medium-sized but not as big as before. This is bull market action.
In the past, the candles were really big because the bullish action was soon to end, it wasn't expected to last a long time and thus everything needs to be accomplished fast. Things are different now. The fact that we have slow and steady growth is good news. Since the market is going to be growing for a prolonged period of time, the candles are smaller.
Don't be fooled by current price action, it all ends up in a major bull-run. While the candles are small now you can take it as bullish consolidation. Prices are growing but this is still a sort of accumulation/build-up phase. Everything is building up to a very strong climax with new all-time highs all-across and then some more.
Bitcoin Cash has been growing straight up for 91 days. In June 2023, Bitcoin Cash produced only two weeks green. Back in late 2024 all the growth happened in 28 days. Early 2024 56 days was all that was needed and then the market turned red. This is the longest stretch of continued growth since 2021... Yes, the previous bull market. You are witnessing bull market action.
Thanks a lot for your continued support.
Namaste.
Heima Bullish Breakout, Easy 179% PP Short-Term (L-HL)The chart isn't giving us much so I will not go into technical analysis; but this is a bullish setup, one that has the potential to break-up just as Hyperlane did. If you are unaware, HYPERUSDT just grew ~200% in a matter of hours... The altcoins market is starting to heat up.
Here we have Heima, a new project.
There is a big A&E bottom formation. The 7-April low is very pronounced. There is also the classic L vs HL. The ending diagonal is a bullish pattern as well and the action is reaching the apex, a breakout can happen anytime.
179% profits potential short-term.
Try to avoid using your rent money to trade, it can lead to disaster. Just a friendly reminder. Use only money that you can afford to lose.
This chart setup is low risk. Everything spot is very low risk. The risk is only as much as you define or allow. You can cap it at 5%, 10%, 20% or any amount you want. Easy buy and hold. The expectation is for a fast-strong move. Buy, sell, collect profits move on to the next trade. That's what we mean by short-term.
Loses are inevitable. Wins as well.
Win big, lose small. It will lead to success.
Follow a plan. Develop the habit of winning. If you can win, win, win. Win small; eventually you will win big. Step by step. Persistence and consistency.
Thank you for reading.
Namaste.
Shiba Inu Still Early Massive Wave yet Bullish —1,558% PPThe blue pattern on the chart is an analog of the purple pattern but bigger.
It is still early for Shiba Inu (SHIBUSDT) because the action is happening below MA200. The long-term bullish bias is only confirmed once the action moves and closes above this level.
This shouldn't be considered bearish because we have a clear higher low based on the two different consolidation patterns. The purple one produced the main low and the blue one the higher low. Multiple higher lows.
Lows—support confirmed—in August 2024, April & June this year. And that's it. This weekly candle is now full green and everything is about to turn positive crazy. Shiba Inu has been bearish since March 2024.
There was some bullish action in November 2024 but it ended as a lower high, what a bummer. All this time with no new highs, no major growth. This cycle is coming to an end. The null cycle, the boring cycle, the little-to-no-profits cycle is over... That's awesome. What does Shiba Inu has in store for us?
A new all-time high to start. Maximum growth. Euphoria, higher prices; growth. It will be awesome.
I am giving you all of the targets for Shiba Inu (SHIBUSDT). The highest one is 0.000220491. Total profits potential reach 1,558% from current price.
There are two resistance levels of interest below the previous ATH: 0.000067612 & 0.000057511.
Minimum new 2025 all-time high we will go for 0.000103188 for 676%.
You can find more numbers and targets by doing a close-up on the chart.
I hope you find this information useful.
Your support is appreciated.
Namaste.
Kaspa Bullish · The Wait is Over · Ready to GrowWe have a very interesting situation here with the Kaspa chart, KASUSDT. There is no going back. Once the bottom is in, you know the next logical step is a change of trend. It can take some time before the low settles; the low is process not a one-day event. But here it settled already and this is all we need to know that the bullish bias is fully confirmed. You can now enter KASUSDT with lev while resting easy.
Good evening my fellow Cryptocurrency trader, I hope you are having a wonderful day.
The first low happened 10-March and then a lower and final low 7-April, also a technical double-bottom. Here Kaspa produces a small reaction and grows 150%. Notice that growing 150% in 30 days is small in the Crypto-world. If you were trading conventional markets, you would have to wait 10 years to get 70% growth.
Anyway, the initial bullish reaction to confirm the end of the correction goes into retrace and 16-June (the week), 22-June specifically, the market produces a higher low. This is the final retrace before maximum growth. I mean, there will be retraces and corrections in the future but the wave that is about to start now will not be 150%, it can be much bigger and last a lot longer, this is the 2025 bull market bullish phase. It will be a major wave.
This is just a friendly reminder to let you know, you can go all-in.
Thanks a lot for your continued support.
You will be happy with the results.
Namaste.
Bittensor Goes Bullish · $1,107 Price Target Within 6 MonthsHere is a very interesting piece of information. The same 22-June low worked as support back in September 2024. Needless to say, the test of this level propelled a major bullish phase. Conditions are similar now, not the same but similar. Bittensor is stronger now compared to late 2024, so we can expect the bullish wave that follows also to be stronger and thus a $1,107 price target mid- to long-term. Within 3 to 6 months.
Today we have a bullish breakout from the current structure with confirmation of long-term support and the higher low. TAOUSDT is now entering a new wave of growth. This is a long-term event, this wave should last all through 2025 and possibly beyond.
You can find additional details on the chart.
Leave a comment if you have any questions. Follow if you enjoy the content and would like to see more.
Namaste.
Aptos $45 Target Mapped, Ready To Boom! (PP: 867%)A market bottom leads to a bullish wave. Back in late 2022 Aptos (APTUSDT) produced a small market bottom and this led to a small bullish wave. This bottom lasted only one month in the making.
"Small" but this wave was more than 560% strong. Some 20 years holding a conventional index fund all happened here within 28 days. Cryptocurrency, it is certainly different compared to dinasourian investment products.
Present day the market bottom is a big one, it has been going for five months. This in exchange will lead to a very strong bullish wave, 3-5 times bigger than the previous one because the bottom is 3-5 times wider.
We have mainly two targets on the chart. These are easy targets and the market can definitely move higher in late 2025.
The first target is $22.5 for a nice 376%. The second target stands at $34 for a massive 620%. You can aim higher of course and if you do, you aren't likely to miss because the all-time high is $100 set on day one.
After these two targets we have $45 and this one is also mapped on the chart. 867% profits potential. You can scroll up to find it.
Remember to do your own planning. We tend to sell portions at each target on the way up. If in doubt, you don't have to be 100% right. You can sell 5%, 10% and then continue to hold. If prices rise too much and you feel uncertain, "should I hold or should I sell?" You don't have to be 100% right, again. You can sell tiny bits and you continue this process through the entire bullish wave. There are other ways to approach the market, buy and hold long-term. When prices are really high, close the position and move on.
Make sure to be you, do you and do great.
Thanks a lot for your continued support.
Namaste.
Chainlink Grows Above MA200, The Path is Clear To $65 (333% PP)Yes LINKUSDT broke a minor consolidation pattern but that's not all. The action this week is happening right above MA200. This level being conquered last week.
Good evening my fellow Cryptocurrency trader, how are you feeling in this wonderful day?
Chainlink is bullish now and has been bullish for months. Bullish doesn't necessarily means rising prices but potential for growth. Bullish happens at the bottom, when prices are low. Chainlink is bullish now and ready to grow.
For some people it might still be too early. "Anything can happen." "The bull market is not confirmed." "Wait for confirmation." "How do you know?"
I know because of the signals coming from the charts. I know based on marketwide action, Bitcoin's halving, the broader cycle, related markets, intuition, experience, astrology and so on. There are so many signals that it is impossible to mention them all. All these signals and systems point to the exact same thing, the same conclusion; Crypto is bullish, Bitcoin is bullish and Chainlink is set to grow next, now.
Now is the time for growth, it cannot go in any other way. Nothing else is possible, we are going up. It is still early. Not early for confirmation or certainty, early because we will have really strong growth.
It is still early because LINKUSDT is set to hit $44 followed by $65 in the coming months.
Just imagine the energy, the feeling, the euphoria, the market sentiment, your portfolio... Just try and visualize the market six months into the future. What do you see?
Maybe it is hard to feel for sure what is going to be like, but you can be certain that prices will increase. If you are holding Crypto, you will be happy with the results.
You deserve everything that will come to you because you were in when others were gone.
You deserve success and profits because you earned it by making the right choice.
You trusted Crypto, you trusted the market and now you will reap the reward.
Thanks a lot for your continued support.
Namaste.
XRPBTC 303% Bullish Wave in the Making (Or Higher)One of the most unique charts in the entire Cryptocurrency market, XRPBTC produced very little retrace after its major late 2024 bullish breakout and recovery. This small retrace is a signal of strength. When prices produce a strong advance but fail to move deep once the advance is over—consolidation happening at high prices—this is one of the strongest signals the market can offer.
XRPBTC started at a low of 674 satoshis in mid-November 2024. The peak happened two months later at 3419 satoshis. Mid January 2025. Now, the retrace lowest point in June was 1928 satoshis. This is 185% higher compared to the November 2024 low, that's what I mean by strength.
The fact that there wasn't strong selling pressure after a 400% bullish wave, signals that participants are ready to hold long-term. And this is a great choice, people are smart. They are holding because they know XRP will continue to grow.
When it comes to Fibonacci retracements, the correction found support right at 0.5. When the market is weak, it tends to move below 0.618 and reach 0.786 or lower before recovering.
The rounded bottom is already in and the candles are starting to curve. Three weeks green, we can expect XRPBTC to produce a new wave of growth. The targets can be found on the chart.
Namaste.
Wyckoff Pattern- To understand trading at its core, you need to understand the Wyckoff Theory.
- Everything you need is in the chart and yes, it's simple and might look like copy-paste, but it's pure Wyckoff.
- Remember this post i made in 2021 ? check it again :
Remember, trading is like a washing machine, it shakes you up, spins you around, and pressures you to sell when you should be buying or Holding.
Not a price prediction, just a smarter way to level up your strategy.
Happy Tr4Ding !
$OTHERS: Decision Time for AltcoinsDecision Time for Altcoins
Unless something drastic changes — like Trump firing Powell and cutting rates to 0% — the chart suggests a potential correction.
MACD is overheated, RSI is overbought, and we're hitting major resistance. An ABCD or extended ABCDEF pattern seems likely, with a upside target around $260B amd a downside support at $230B in total altcoin market cap.
Of course, the market can always choose to ignore the signals and continue its uptrend directly to the next resistance at $260B.
Stay sharp. Let’s see how it unfolds.
DYOR.
#Altcoins #Crypto #Bitcoin #ETH #MACD #RSI #TechnicalAnalysis #CryptoMarket #DYOR #PriceAction
ENJBTC 2017, 2019, 2021 & 2025 (530% Easy Target)This is another interesting BTC trading pair—ENJBTC. I am only showing a portion of the chart, the bottom and falling wedge pattern but the decline has been happening since November 2021.
There have been three bull markets on this pair: Late 2017, 2019 and 2021.
» In late 2017 ENJBTC grew 1,622% in 68 days.
» In the 2019 bull market, ENJBTC grew 1,199% in 206 days. The meat of the move happened in 116 days.
» In 2021, the most astonishing Cryptocurrency bull market ever, until 2025 that is, ENJBTC grew 1,756% in 96 days. It took an additional 231 days for a double-top and the final all-time high. From bottom to top the 2021 bull market produced 2,180% growth in 327 days.
Now we are looking at a completely different situation. The longest bear market ever and a true all-time low are now present on the chart. The mapped targets are super easy, 300% and 530%, ENJBTC can grow so much more in the coming months. You can aim for 1,000% or higher.
This is just a friendly reminder, so that you can enjoy great timing and entry prices.
Thank you for reading.
Namaste.
SUI Next Upside Target🚀 After holding above the April low and completing a 3-wave pullback in wave (2), CRYPTO:SUIUSD is now advancing in a potential wave (3).
Momentum is building, and the next upside target lies in the equal legs zone at $4.80 – $5.40, which could eventually lead to a new all-time high.
SHIBA INU Heist Plan | Layered Buy Limits + SL Strategy🏴☠️💸**SHIBA INU Heist Blueprint: Rob the Bulls, Outsmart the Bears | Thief Trading Style Strategy (Swing/Scalp)**💸🏴☠️
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🧠Backed by a spicy combo of technical, fundamental, on-chain, and sentiment analysis, this strategy is crafted for both swing and day traders ready to infiltrate volatile zones and escape with gains.
🎯The Robbery Plan:
We're targeting a high-risk, high-reward breakout with our eyes on the ATR police trap zone, where market makers often lure and trap traders. Our focus? The sweet spot where consolidation ends, fakeouts begin, and true reversals take off. ⚠️🐍
📥ENTRY (The Break-in):
"The Vault is Unlocked!"
Sneak in using buy limit orders at swing lows or support zones—opt for the 15m or 30m chart to catch pullbacks.
We're stacking orders like a professional thief using DCA (Layering Method) to reduce entry risk. 📊💼
🔎 Entry Zone: Market or limit entries near structure lows—be precise, not greedy.
🛑STOP LOSS (Escape Hatch):
Use the 2H swing low around 0.00001150 as your escape signal.
Risk management is your armor: adjust SL based on your lot size, order count, and trade exposure.
🔒Thief Tip: Never trade without your getaway plan!
📈TARGET (The Safe Zone):
🎯 Primary Target: 0.00001290
Optional: Use trailing SL and scale out profits as the robbery gets hotter.
Scalpers—only join the long side of the heist! If you're packing a big bag of capital, jump in earlier; if not, ride with the swing team. 🚁💸
📊THIEF FUNDAMENTAL FUEL:
SHIB bullish momentum is rising due to macro sentiment shifts, market rotation, whale accumulation, and on-chain volume flow.
Check related macro reports, intermarket insights, and crypto futures data before loading your bags. 🧠📈🔗
🛎️HEIST WARNINGS – Stay Safe!:
🚨 During major news releases, volatility can explode. Don’t get caught!
❌ Avoid fresh entries during news
✅ Use trailing stops to lock gains on existing positions
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💥Smash that Boost button💥 to keep the Thief Trading Crew alive and plotting!
We drop fresh heist plans regularly—help us spread the love, grow the crew, and keep stealing profits from the noise. 🚀
📌Disclaimer: This analysis is for educational purposes only—not financial advice. Always DYOR and adjust based on your personal risk profile.
📌Stay tuned for more heist missions. Let’s outwit the markets—one trade at a time.
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$XRP - Falling Wedge Breakout is CookingRipple is forming a simple yet perfect setup
There is a strong horizontal support level of $2.11 that was established back in December of 2024 and has held the price perfectly (with only one breakdown) since then. Moreover, at that time a massive Falling Wedge started forming and is still doing it up to this day.
Talking about resistances, there is a $2.45 one. Not very strong, but solid enough to form a decent horizontal channel within which the price moves.
So, as the result we have the following structure: CRYPTOCAP:XRP has been consolidating above strong support for 6 months already and formed a pattern that suggest upcoming upward movement. The perfect entry spot in LONG will be at the breakout&retest of the both $2.45 resistance and Falling Wedge resistance (they perfectly correlate) .
Target zone of $3.5 - $4 can be reached within the next 3 - 5 months.
Evolving Price & Candle Patterns: BitcoinLook what is happening here with the candle patterns and price action. In the most recent challenge of resistance something changed. Change is good. It can mean the end of this sideways period.
At (1) Bitcoin finds resistance and immediately starts a decent. The same happens at (2). When we reach (3) everything changes. (1) & (2) produced a low and lower low. The down-move was extended. (3) produced only two red candles, a strong higher low and the third day was a full green candle moving above the descending trendline resistance. The price pattern is now erratic, completely different to previous moves.
Now, consider (4). If the strong green candle was intended as a bull-trap, then we would expect a down-move to follow right after the peak, just as it happened with (1) and (2). But nothing, after (4), Bitcoin has been sideways within the bullish zone.
This change is good, bullish.
A drop can develop anytime but the market already had two changes to produce a down-wave, (3) and (4). The fact that a down-move didn't materialize means that the market has something different in store for us, change. This change is good because when resistance is challenged, prices tend to drop when the market is moving within a range. No drop can signal the end of the range trading which in turn can translate into the start of the next bullish wave.
If this idea turns out to be true, Bitcoin will start growing within days. Growth should be strong because consolidation has been happening for months.
Namaste.