Analisis BTCUSDT for next month (June 2023)In my vision, BTCUSDT could be suffer a retracement in 24000.00 / 25000.00 zone before resume in Bull Market!
Criptocurrencies
stonks meme coin. cup & handle patternthis is a new coin, only two weeks old. but right now is looking like forming a cup and handle pattern. this is just an idea, because it is a meme coin, so i dont expect this pattern to play out. if it did, we are looking around 600% pump if break the resistance line (pink line)
Possible higher low for BTCPossible reversal in the short term may get us to the higher low that we need
MACD weaker, 5 waves in 1h timeframe and break of the trendline are the factors leading me to think about the reversal
KAVA USD pair to X10 in the following monthsSome signals are pointing to KAVA as one of the alts with more possibilities to x10 in the upcoming months:
- retracement from last pump reached 78.6% fib level, which means the retracement is coming to an end.
- it looks resistance and support lines are well defined from bottom to peak, so there is a good chance to trade in that channel.
- there is a huge bullish falling wedge you can see on the weekly and daily chart that should be about to break upwards. Same structure can be seen in other alts, another signal they are gonna pump sooner or later.
- Alt market moves usually come during the end/beginning of each Quarter.
- kava.io is improving its platform.
- Taking into account fib levels and r/s lines, KAVA is likely to have 7 usd and 10 usd price peaks in 2021.
These are good days to fill your KAVA bags.
Bitcoin - April 2020 - Neutral positionThe end of month of April will determine if Bitcoin will start a new higher trend ( buy ) or a lower trend ( sell ).
The compression zone (triangle) ends at the end of April. If price breaks below the triangle zone, then expect lower prices for the Bitcoin ( sell positions should be considered - case 2 )
In the contrary, if price breaks above the triangle zone, buy positions should be taken ( case 1 ).
Cup and Handle-The cup and handle is a bullish continuation pattern used to find buying opportunities in the market.
-The pattern is composed of two sections; the cup and the handle.
-The cup should be rounded and just under two thirds the height of the initial move.
-Handle should not pull back more than the right side of the cup and traders can enter on a trend line break of the handle.
-Take profit is measured using the base of the cup to the breakout point and extending this measurement above the breakout to the upside.
