Cryptonews
TRX Tron Double TopThe Double Top and Double Bottom are some of the most obvious and reliable chart patterns in technical analysis, especially for financial instruments that don't trade based on fundamentals, such as TRX Tron.
If it were based on fundamentals, TRX should have been traded much lower by now, considering Justin Sun is being sued by the SEC (Securities and Exchange Commission).
However, that's not the case.
In fact, for crypto technical analysis, which focuses on human behavior in the candlestick charts, it works better than fundamental analysis, which often involves FUD (fear, uncertainty, and doubt) or FOMO (fear of missing out).
According to the Double Top chart pattern, my short-term price target for TRX Tron is $0.054.
I look forward to reading your opinion about it!
ETH, BTC ☔🌧️ BNB 🌞 🌴 XRP ⛈️ ?The global crypto market is forecasted to experience partly cloudy weather with some sunshine in the next 24 hours 🌥️, according to ATTMO, a weather-inspired crypto AI forecasting tool. This translates into a slightly bearish 🐻 market with downside risk for both Bitcoin and Ethereum .
The weather is expected to be tropical 🌴 for Binance Coin – very bullish with some upside potential – in the next 24 hours. Ripple faces stormy ⛈️ weather today, trading in a very bearish market with some downside risk.
Over a one-week horizon, ATTMO expects partly cloudy weather with some sun for both major cryptocurrencies – Bitcoin and Ethereum . This forecast can be translated into a slightly 🐻 market with downside risk. Dogecoin faces stormy ⛈️ weather with sunset to return. This signals a drawn-out 🐻 market with an imminent market rebound possible over the next week.
Follow us for more crypto weather reports!
HBAR to dip sub .05 or do we moon?Big fan of the HBAR... Feeling there's going to be a pull back taking out March lows providing another amazing buy opportunity!! There's loads happening in the Hedera ecosystem many new projects are coming on board making most of its benefits to developers... www.degenparadise.com - Get your Degen Coins for a share of revenue from its amazing games!! zuse.market - Would love to see this beast of a project rise to the top 5 this next 2 years!!!! Vamos Hedera Hashgraph
BTC $37K by mid JuneI think we have a 3rd move up to $37k, Looking at the 4-hour chart, you can see 2 almost identical legs up, I think we on now on a 3rd and final leg up to $37k, I then think MM will pull down to retest support at 35K to as low as 30K before going back up to HKEX:40 in the fall and then flat. January rally to soon to see as we officially enter the 4-year bull run cycle. All this hype talk about BTC could go way up will not happen until 2024. and even in 2024 I still don't see anything going over $75k tops, but I do see over $100k by the end of 2025 no matter what the world does other than Nuklear self-destruction. God speed.
BTC forms Bullish flag with pinsBull Flag made and pins started, need to see one more pin to confirm this, Then I see 45K as a top of this run before a support confirmation later, If we do not see the 3rd pin form then this could be traping more longs and then down we go. BTC has been all over the place so we have to keep our eyes on the news and charts every 4 hours, I Love seeing the volatility come back, This is where we make money, going short and long. Remember down trends are great money-makers for short orders. Let's see how these next 4 hours play out. God Speed.
BTC 55 EMA pattern perdition In yellow I have put what I think BTC will follow, my prediction of the 55 EMA Last week of April up to $28500 then down to FWB:25K for support, then rally to $35k by mid-end June, then a flat week to follow into July, anything past that is luck but I see the bull run starting this summer, BTC Halving events at end of 2023 and 4-year cycles are all in play to make the end of 2023 and all of 2024-25 great years. Let the bulls run wild. God speed!
BTC diamondHey everyone, happy sunday
quick idea to show you
BTC diamond on the 15 min TF
Red vector ranges above if it breaks out of the diamond, however we do have some green vectors residing below.
Moving averages are getting tightly squeezed, probability of a move soon.
if it breaks 200MA and holds we could see a move up towards 28 K
also its in this weird kind of symetrical triangle pattern, heading for potential break out or green vector recovery.
But note that it has hit the green vector but left a bit so lets see.
Ethereum -> Just A Classic ShakeoutHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Ethereum already broke above a major previous weekly support/resistance area at the HKEX:1900 level.
You can also see that as we are speaking, Ethereum is retesting this previous resistance which is now turned support, market structure is still bullish and we already created the bottom of the bear market in my opinion, so I simply do expect more continuation towards the upside from the current levels.
On the daily timeframe you can see that Ethereum is also retesting previous daily support/resistance which could act as support so I am just waiting for some more bullish rejection inside of this area and then I do expect a next rally towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
BTC is king, not cashI think we are still on target Like I said, Monday it will bounce as we see the W form for the bull run up to $45k+ this summer. I do think by year-end we see 70k-80k mostly due to world markets crashing, housing markets crashing soon, and the economics of the world pushing uncertainty making BTC a safe haven for money as more and more of the world jumps on board with digital currency. I believe BTC will always lead and that ETH will never catch up for this reason. Cash is not king anymore and the US is losing its value, they will also fail to regulate BTC but will use it as an attempt to remain a world leader. Things will still change as the fight for power and manipulation of currency worldwide gets wiped out. I also see Gold not becoming a good thing to hold as you can't get change back for it and it is way too hard to trade open world. Crypto is the only way out and it's putting people in power more and more over the Governments. Rise of Freedom and rebuilding of countries to serve the People instead of controlling the people. A major flip worldwide is happening and BTC will fund it. Poor become rich, Rich becomes poor and people will unite as a world and dethrone the Kings and Queens.
Let the hunger games begin!
Hope you enjoyed reading and keep Frosty. Never invest or trade more than you can afford to lose. always check and double-check the address you send to, and do a $1.00 test to confirm. stay safe and take control of your life. It's your story, not theirs! God Speed.
IDUSDT COIN TOUCH 1.05$, NEXT MOVEID/USDT Next Expected Move !!
• Two times failed to break its resistance area b/w 1$-1.05$.
• Major indicators look bearish.
• Possible price easily touch 0.75$. (Small bounce expect from 0.75$)
Currently don't took any quick scalp on it if your hand is not fast enough.
FOOLOW ME FOR MORE UPDATES
HELIUM 4 hr hidden bull divHeres another idea .....
this time Helium on the 4 hr chart, it caught my eye as this is one of the coins with the 4 hr stoch rsi low,
Hidden Bull Div gives some probability to the upside.
Looks to me like a V shape recovery Adam and Eve played out.
It has already ripped through the 200 SMA and now in a bull flag.
Could it be a huge cup and now in the handle for a huge pump, or was the cup and handy before the pump through the 200 SMA.
The golden cross zipped through and price action responded.
Measured move upto 2.2 range with a bit of resistance around 1.9
Moving averages look like they want to curl up nicely
Money flow does look a little bearish with it moving down but could flip,
4 hour rsi wants to rip in my opinion :)
Peace and love everyone :)
BTC 1DAY Inv Head & ShouldersHey everyone, thought i would share.
BTC 1 day chart.
Inverse Head and shoulders angled upwards.
Rising wedge, still room to move inside.
Measured moves 32K and 38K and 42K
Rising wedges probability is about 68% chance of the down side, but like i said its got room to move yet.
Moving averages moving up nicely
HIMAYC 1 dayYo Yo Yo, i thought i would share this idea with you all. HIMAYC daily timeframe
This has been pumping since November last year, over 6000% took a couple of big drops during that time but even so, its pumped.
Even from March this year its pumped up 2000%. Thats insane
So here we are 1 hour time frame, Ive just made it simple. Moving averages look nice smooth and still curling up. Ive drawn some rectangles illastrating big moves on price and copied thes measured moves that matches the previous so ive basically done the same.
But to add some confluence ive drawn some simple uptrend patterns and they both pin point to the measured moves previously done. And its at a key price target of $2.50
Also moneyflow coming up into the green ;)
I know it bonkers, its a huge move but probability suggests its possible.
I thought i would put it out there so here we are :)
Peace and love everyone
BTC 2 day fractalHey everyone.... so ive done a 2day BTC fractal analysis
As you can see if added some important key areas in the orange bubbles. The first one being the covid but also what many might not be aware of was on the 20th March 2020 Suadi (US allies) dropped an oil price war on Russia. This tanked the oil price to less than zero. And you can see it here on the chart. Then the second is where the crash would of happened at present day based on the fractal from this period.
Now look at the fractal, ive outlined the main fractal on the left from june 2019 to april 2021. I have then split his fractal into two, thus removing the previous spoofy crash.
I say spoofy becasue it was a coincidence with covid, i wonder who stocked up on the oil at that price, for it to rocket a few months later hmmm.
Anyway thats for another day, But the fractal from june 2019 to feb 2020 is pretty much bang on to price action june 2022 to march 2023.
So is it fair to say we have skipped past the previous crash and heading into the bull run phase 1
Look how close we are to a golden cross (50MA crossing up and abovew the 200MA.
SO what about levels, longer term levels of resistance to breakl are : 41,600 / 52K / 69K
Then when we hit ATH next level up potentially 100K then up to 150K basing it on this fractal pattern and the golden cross.
Im not saying this is gonna happen overnight but its happened before so probability says it can happen again,
Or could Balanji be right and we hit $1M
Peace and love everyone, share and like dudes :)
BTC 22hr NeilHey everyone, i thought i would share this idea with you all.
On the 22 hr time frame i see a neil diamond pattern forming and price is right tight in the corner.
Ive not really sussed out these diamonds, wether they are reversal or continuation or wether its a diamond at all.
But i also drew out a fractal and it kind of plays out with the drop out of the diamond, so could we be seeing BTC at 25,100 then a retrace and down to 23400 ?
Or is it gonna pump to 31100.....
Also not the channel it is in, and also where the 200 SMA is floating, Probability suggests to me that BTC will follow the fractal, but it could easily fake out to 31100 to break back down.
peace and love everyone
Is Bitcoin going to crash again?Hello Traders , welcome to the Bitcoin chart.
Everyone around the world is bullish on bitcoin, but my views are totally different. After the bullish surge, everyone thinks we entered in the bull run but we are not. As you know the charts speaks, So in charts BTC is going to crash again and we are building a bottom right now . There's so much going on in the market. It's the bull trap i can say.
As you see there is a massive impulse in the charts from last few weeks, now you'll see the aggressive drop.
The whole crypto market is going to crash again in couple of weeks. Let it play out, don't get panic. Let it play out - this will mark the beginning of bull run.
I'm not buying and waiting for the bottom.
In my portfolio there are coins, which will give 10-12x in next bull run. If you want to maximise your portfolio , leave a message.
Trade Safely.