Quick update on the Bitcoin chart, haven't done a read on the 1-hour timeframe on this coin in a while. After this dump we saw right after the weekly close on Sunday, Bitcoin started reversing back up and regained $33099, $34484 support, as well as this 1-hour channel. This dump also knocked out all the over-leveraged longs as well as the fear/greed index dropped...
+ETH has been insane lately and the question is now where to re-enter. +If we take a look at the Daily we see a resistance at $1365 that ETH failed to wick last night. +$1365 is the last weekly level before ATH. +Let's keep in mind that many people are foaming in after a 121% jump in 18 days. +Market makers realize this and will mess with your heads but...
Ethereum, the #2 cryptocurrency by market cap, is creeping up on its previous ATH of $1500 for the first time since hitting that price in late December 2017. Since breaking out of the $788 3-year valley, ETH has been soaring with no signs of slowing down anytime soon. It has consistently been creating higher highs and lows while knocking out resistance levels...
Quick update from my previous Litecoin analysis, after it 1st touched the 2-year valley at $171.55 and rejected off it, LTC came back down and retested $145, which was the 2019 swing high level. Now regained the $171.55 level and just wicked the 2nd TP placed @ $183 Going long if this 4-hour candle can close above $183, this sparks the bullish momentum again...
An update on the BLX (BraveNewCoin Liquid Index for Bitcoin) on the 2W timeframe from last year's chart. You can find last year's analysis in the description below. In Bitcoin's short 12-year life span, it's had 3 halving events: 1st Halving: 11/28/12 2nd Halving: 7/9/16 3rd Halving: 5/11/20 What is a Bitcoin Halving? Every 210,000 blocks mined, or about...
A quick update on BCH after it got rejected off of $435 for the 1st time. Bitcoin Cash has yet to see a candle close above $435 after hiting it for the 2nd time on the 4-hour time frame. Bitcoin Cash is looking like (especially on smaller timeframes) that its going to close over this $435 weekly level going long towards $482 and beyond. TP1 🎯 $482.50 TP2 🎯 $515.90
Quick update from my previous Litecoin analysis, after it 1st touched the 2-year valley at $171.55 and rejected off it, LTC came back down and retested $145, which was the 2019 swing high level. From here, LItecoin was consolidating between the $145 - $159 level before continuing its move upwards for the next breakout towards $171 - $183. Going long if this...
Quick update from the previous post where ETH hit $1111 to the Tee on the daily timeframe. From here, ETH backtested the $975.99 level 3 time (more evident on smaller TF's) but just like BTC's $30,000 level, it did not see any candle close below the $975.99 level. This is what makes me believe that bulls are in full control and this pump is just getting started....
This chart is an extension of my previous Fib extension chart that completed at $30,838 (no pun intended). You can look at all the previous targets hit to a Tee called all the way back from before it broke the previous ATH price of just under $20,000. I drew my Fib Extension from the bottom wick of the dump on March 15th, start of the bull run, all the way to...
Hey traders, It's been one week exactly since my last ETH post, last week right at weekly close. There's been a lot of price action going on in ETH this past week so let's break it down. ETH successfully closed over the $788 3-year valley formed in 2018 and has shot straight up like a rocket since doing so. Looking at the daily chart, this move was formed all...
Bitcoin Cash blew right through the $361 level of resistance and turned it into support after successfully closing above it. From here, BCH knocked out the $379.60 level and the $404 weekly level all in the span of one daily candle. BCH is following the momentum of Bitcoin going long towards $435 and above, first heading to close out the monthly level placed at...
Hey traders, It's been a week since my last analysis on Litecoin and so much has happened since then. Every single TP listed on the previous chart has hit to a Tee after Litecoin saw that continued consolidation period along $121.20 - $124.40. From this bounce, Litecoin hit and cleared the $136 - $140 distribution zone, knocking out the previous 2019 high...
+Heres a quick BCH read for the BCH fans out there your gonna love this!! +On the 4 hour we can see multiple attempts at the level $368 but here why I think we will break this time and ladder up to test new resistances. +As you can see here I've identified BCH current valley it is facing. +BCH is coming close and close to the top of this valley as...
ETH has consistently been making higher lows on every single dip and finally bottomed out at $556 before turning $600 resistance into support. $600 - $617 was the prime buy-in accumulation zone before taking off to hit the $669 - $687 sell-off distribution zone. From here the price of Ethereum already 1st touched $713 resistance and backtested both the $669 -...
+RSR is coming towards and wedge and has created level adaption on $.016 +on the 12 hour we can even see some Accumlation between the levels of $.016 and $.2 +After its second attempt of trying to break this downtrend(white level) it came right back to its support at .016 and started its next ladder up and now seems to be adapting $.018 a residential now...
Bitcoin has almost completed its Fib Extension cycle and will complete it when it hits a $30,000 , more specifically $30838. I don't normally use Fibs, actually this Fib Extension was my first time properly using it, but it does the trick for sure. Every line drawn out beyond the previous ATH has hit to a Tee and been well respected in terms of support &...
Hey traders, From the most recent LTC read signaled from $99.50, the price of LTC hit all the take profit levels and wicked the previous 2019 high level of $136. We didn't ever see a close above this level which is a bit concerning, but I don't believe the bullish momentum for Litecoin is over just yet. However, if BTC pulls back a bit to 25k then we could see...
+Chainlink Today had a great run +When I woke up this morning I saw Link was up16% but slowly started pulling back as we faced/created another downtrend (Purple Level) + In the last bleed Link had it came down to $9.89 and then we started seeing some level adaption around $10.6 +The Green Level is a resistance now turned support $12.3 + Creating level adaption...