ETHEREUM CHART BULLISH IF IT BREAKS ATHLong term ETHERUEM looks bullish if it can break ATH.
1. ETH has some lovely ELLIOT WAVES
2. ETH holding major SUPPORT & RESISTANCE
3. ETH trading in a major CHANNEL
4. ETH is likely to have an ABC CORRECTION
5. ETH has a DOUBLE TOP M PATTERN
6. RSI HIDDEN DIVERGENCE
long term a great investment, NFA, DYOR.
ATH
Path to glory!!! $BnBEasy to follow:
Market sentiment is changing to bullish once again,
We are currently at EQ of this bullish channel
We need you break through it and maybe retest is multiple times for more confirmations
The chart is at daily time frame so don’t FOMO, i think we will get enough opportunities to buy BnB at a reasonable price.
First target is at upper line of this channel, then we will lead with fibonacci extension tool.
61 is coming soon on a breakthru of 4hr chart's rising wedgejust another rising wedge is displayed successfully from the resistance of 56500, the upcoming technical price is coming in around 61100 very soon, AS btc dominancy is increasing steadily and this is a very bullish sign for bitcoin bull rally, and a breakage for alts.
XRP EPEXTED TO RETEST ATHXPR on the way to retest ATH.
Current uptrend started at 22 Sep 21 broke 50% and 61.8% fib levels.
We currently following a what seems to be a wave 3 of an Elliot Impulsive Bull Wave
It is shown on the chart that the current uptrend Fibonacci level of 100% match the 61.8% fib level of the ALH 1.96/Correction Resistance Level of 0.5 (22 Jun 21 and 20 Jul 21)
We expect XRP to reach this LEVEL at 1.40 (61.8% of all time high correction and 100% of current uptrend)
Next stop, if 100% of current uptrend breaks, will be ATH which matches perfectly the 200% fib level of current uptrend and lies just above expected wave 5 top of current uptrend.
It is worth putting our money on this since news and volumes indicate that XRP is on the move.
FIRST LONG POSITION
ENTRY PRICE: 1.23
TAKE PROFIT: 1.40
STOP LOSS: 1.20
SECOND LONG POSITION FOR ATH
ENTRY PRICE: 1.41
TAKE PROFIT: 1.96
STOP LOSS: 1.22
ETH/USDT Next Move? Possible Reverse Head and Shoulder Pattern?What's gonna be Ethereum's next move?
Scenario A - Currently ETH bouncing from 21MA support and trying to break the Resistance 1. If ETH breaks Resistance 1, Then we can see a pump towards Resistance 2 followed by a correction and then toward Major Resistance area. If the Major Resistance breaks then we will see a new ATH
Scenario B - If ETH fails to break Resistance 1 then we will see a Reverse Head & Shoulder pattern. Same as Scenario A we might see a rally towards ATH from the neckline.
This is not financial advice please DYOR. Also please be mindful the path lines were not predicted according to the timeline. So please don't take it literally and "expect" the price to move exactly on the lines. (Sorry can predict the pattern, not the timeline)
Lastly, manage your risk accordingly and place stop loss below the next Support.
BTC Warming Up for next moveOCT-NOV is Always Good For BTC Upward Movement. 2021 Wont Be Different. Already BTC broke the bearish trendline on daily timeframe and made a 25%+ Gain in this month📈 We are Expecting New ATH Very Soon While Some Noobs are Drawing Some Lines And Calling 20k Next. Don’t Follow those Idiots While Q4 is Big Time For BTC. We Already Mentioned BTC Breakout Coming At 43k Before OCT Start. BTC Already Reached 56k🔥 BTC to the moon🚀
~ @fortunecrypto100 ❤️
BITCOIN IS ABOUT TO PUMP HARD! My thoughts for the coming days.Namaste.
Getting straight to it.
Looking at the daily chart we can see that Bitcoin formed a very interesting Death Cross on the 30th of April which sent Bitcoin price violently down.
The procedure was also aided by another two Death Crosses formed on 24th of May and again 13th of July with the last one sending the price to its historical previous lows AND support levels at which point the bulls put a stop on it and took over.
Take note that the entire procedure took 81 days and sent the price of Bitcoin down by a whopping 50% !!!
Shortly after that, on the 3rd of August a Golden Cross was formed followed by an almost immediate break out of the resistance (Red line) opening the door to testing the previous ATH.
Another Golden Cross was formed on the 19th of August which is still active.
Currently the price broke below its current support line (Green) and its testing it for a breakout above.
Take note that after the price broke out below this trend line it has on both occasions found support at the 25 (Blue) and 200 (Pink) SMA levels.
Looking at the uptrend caused from the 3rd of August we see a 29% increase in 14 days and from the one from 19th of August which is still very active is a 10% increase in 15 days and its still going.
A total of 31 days so far and an increase of 39%.
If the price breaks above the current resistance (Green line) and maintains that level (retests and holds strong) and if we see the RSI breaking above its current resistance (Red line), I believe we will see a third Golden Cross (Red 100 SMA over Pink 200 SMA) which by then the price should have already tested the previous ATH and would be ready to create and all new and fresh ATH.
FOR ALL THE BEARS OUT THERE:
Looking at this from a bearish view.
Should the case be that the price is rejected from the current resistance level and starts dropping and IF a candle closes below the 200 SMA (Pink) with high Volume (this is important as recent candle close below had low volumes) then to me its a signal that we are in BEAR MODE. I would be shorting at this point and/or waiting to buy in (Green targets).
SUMMARY:
BULL MODE: My targets are in Red.
BEAR MODE: My targets are in Green.
This is just my thoughts and NOT a trading advice.
Do your own due diligence and if you find you agree with my idea then it is up to YOU how you choose to invest your capital.
MAKE SURE YOU HAVE A STOP LOSS.
Have a great one :)
AXS Movment Seems BullishForming an inverted head and shoulder pattern and defeating it, it entered a very powerful rally and was able to break itself ATH.
It has now entered the rest and suffering phase to gather the necessary strength to continue the rally.
The possible move is marked on the chart and the probability of continuing the uptrend is much higher than the reversal of the trend.
BTC/USD - Bitcoin destroys resistance - $100k in the cards!🚀Bitcoin just SMASHED our local resistance at $44k! Is this bullish, HELL YEAH. What is even MORE bullish is that this renewed momentum may allow us to break out of the most important resistance on this chart right now... the $52k level.
If we manage that, then a new ATH is in the cards and $100k is very likely before the end of this year!
It's not often when BTC pumps 10% a day, but I have a feeling we may get a new season where this will happen quite often again.
The bullish bias is very strong, particularly as today we did a bullish cross on MACD on daily timeframe! This is a very good sign!
We will likely break above $52k and then volume will be huge which will quickly take us above our current ATH, similar to early 2021.
Enjoy the ride and remember that in such instances, Bitcoin may outperform altcoins... because everyone will sell their shitcoins to buy the ONLY coin that matters, the king, the BITCOIN.
Even El Salvador is now mining Bitcoin using VULCANO Geo-Thermal energy! Read that again. This is huge.
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BTC new ATHIn weekly time frame after red supply zone
we have arrived to Green zone and
It's a powerful demand zone ,
same level as red zone.
I expect green zone support the price
and 63-65 K is my first target
and around 80 K is my second target.
in my opinion maximum target is 150-200K
but after 80 K we will have
strange and powerful price fluctuations.
so we should check it later
if we lost green demand zone ,
expect, we will visit below 30 K
COTIUSDT Ready to Make New ATH!COTIUSDT (Day Chart) Technical analysis
COTI/USDT Currently trading at $0.61
New All-time High
Swing Trade Setup or medium-term investment setup
Long Entry: above $0.54 -$0.61
Stop Loss : 0.42
TP 1 : $0.75
TP 2 : $0.90
TP 3 : $1.00
TP 4: $1.25
Max leverage : 1x or buy it on spot market
NEW ALL TIME HIGH COMINGWhen in doubt, zoom out. Following a falling wedge pattern, a bullish move is expected if structure permits. The current falling wedge acts as a W1 timeframe lower high and on the daily timeframe, we see that it is also a retest of a D1 indecision level as a new support. Extended wicks below and short wicks on top indicate bearish exhaustion with bullish pressure returning. I'm expecting price to push past the 64,900 level where the all time high is located due to the July 21st to July 30th bullish impulse creating a 38.2% Fibonacci retracement. Feel free to comment and let me know what you think.
Please like and follow for future analysis'.