BTCUSD - Resistance Crossing Observations and quick notesJust observing this push down through one of my noted resistance of importance. Of course id love for this to be the big one. The belief had to be there before it could make such a move, it has to push against belief as hard as it can to get the build up of energy to drive this over that 70 k zone. I think the gravity will be different in that level of atmosphere.
Crytpocurrency
OXT to the 50 cent range and beyond?With BTC showing real promise for another run to all time highs, you can expect alts to follow king BTC. OXT is no exception and while messy of a chart (Hey as long as i understand it right?) we can see OXT reaching the .50s once again. I also can see the possibility of it breaking the resistance trend it has been respecting for many months. Crypto rewards the bold and patient, if you are hanging tight, you could be making some serious money on this one -- in my humble opinion.
BITCOIN IS COILING UP !!!Bitcoin multi-year ascending Channel Breakout- with price action breaking above the $45,000 range and finally plugging in a multi-month high or low from the bottom in June 2021 nearly a year later we see price action attempting to continue its upward momentum !!!!
Watch for Retest of 40k support before up trend continuation
LINK/USDTAs you can see in the chart now in 4H this is the pattern that we are in
just wait for the break out to make it short or long
Since I'm a day trader this is for the short term do not use my analysis for long term
Just take the advantage of market movement
first target 21.7
I do trading based on patterns and zone by zone
THIS IS JIT FINANCIAL ADVICE ITS JUST MY OPINION
DO NOT FORGET TO USE STIM LOSS
LRC $3-4 if market stays favorable This would be a beautiful way to finish off the 5th wave for LRC. the macro 3rd wave hit a 4.32 extension. A lot going on in this chart. smaller yellow impulse is all that matter right now. wave 1 and 3 are in creating a 4th wave as I write this. Interestingly enough the 3rd wave didn't hit a 1.618 extension so lines up that we could have an extended 5th wave here. Brining in some nice 50%+ gains. Price target short term for yellow 5th wave is 1.57.
Audio starting a new trend?Audio has come into a weekly demand zone and the 1D extreme demand zone of the previous leg and started a nice move to the upside with a nice strong bullish candle after breaking out of a downward channel. 3D RSI looks reset above the MA after being oversold. MACD on weekly also converging showing signs of strength to the upside with bullish divergences. In the range low between the high and low of the correction wave on weekly, seems like sensible place to buy
ZEC is in a wedge, but should break through the top resistanceIf you look at what PirateChain is doing after the sanctions were placed on Russia, you will see privacy crypto is in high demand. As the war drags on and the sanctions continue to strangle the Russian Oligarchs they will continue to use Privacy CryptoCoins to move money. ZEC has already had good upward movement after the sanctions were put in place. Even if they move toward the top resistance line that is a good return, but I believe it will break through that resistance if the sanctions are still in place. Just watch the news and get out if it looks like sanctions are going to be lifted. Yes I know this isn't the way to play the wedge, but with real world events I believe this is the time to get in and maximize profits.
PirateChain (arrr) is going great because it's Fungible Recently PirateChain (arrr) broke through the upper resistance of a falling wedge and it has rose non-stop ever since. How much further will it go? I believe the real reason it's rising is due to the sanctions on Russia and the Oligarchs. PirateChain is Fungible (which means) you can't tell one cryptocoin from another--it's truly anonymous. I believe they are using PirateChain to move assets which is causing the rise in price. The time to get out would be when news of sanctions being lifted starts to come out. Until then expect to see PirateChain continue to rise.
Also ZCash (ZEC) is another that is capturing some of the oligarchs market, but not as much as it's not really fungible.
BTW: if you think this is helping the oligarchs by buying into PirateChain, it's just the opposite. By purchasing PirateChain (and/or ZCash) and then getting out BEFORE sanctions are lifted you're making them pay a premium for the crypto and then taking a loss when they cash out after sanctions are over.
Ripple price analysisRipple price analysis is bearish today as we expect another pullback after a strong break above $0.80 previous resistance.
However, once another local higher low is set, XRP/USD should see a lot more upside next week.
The market has seen mostly bullish momentum continue over the last 24 hours.
The leader, Bitcoin, gained 0.51 percent, while Ethereum lost just 0.11 percent. Ripple (XRP) has also advanced, with a gain of 0.26 percent.
WILL SOLUSDT SURGE?There are really only 3 options right now. This is all based on my years of experience in technicals:
1. The absolute bottom has already been reached and Solana will surge to the moon
2. Solana will go to the 120 levels, retrace back to the bottom and then take off from there
3. The support line will be broken and Solana will go back to the 40 levels
Leave your thoughts down below!
BTCUSD 8 Hour -Looking at large scale pattern and Buy/Sell areasEvery once in a while i like to take a step back and do a macro approach to the chart. to see what new patterns may have arisen. I am often surprised to see the major events we thought had caused large ripples in the crypto world were still with the boundaries of normal operation. A slow growth lie this for the next 20 years would be phenomenal. i would hate to see a skyrocket as that would just end up crashing. I kept this level of the cart simple. I am looking at macro scale buy and sale, long term hold, and my short term trade channel.