+ADA facing another attempt on its 4 year valley .$169 +After its first attempt on this valley we saw a major pullback 35% and closing right above $.13 support +Since then it has created a accumulation zone and I have identified a bullish trend line that was stared on the 16th. +We can see it has tested this level 3 times confirming it as a official bullish...
+Woke up this morning to a nice pump on ETH and many other ALTS +If you missed this pump no worries because there are many more to come. + On this most recent pump ETH break through 2 resistances and wicked $714 to a T +Lets remember the rule of First Touch rejection. +This is the first time ETH broke 700+ in 2 years. and Also first touch on $714 so a pullback...
At the moment, Bitcoin is experiencing some minor turbulence as its flying on its path towards $25,000 and beyond. As we all know, there is no support / resistance level to base my TP or pullback targets on, so I have to resort to using Fibonacci levels. BTC is facing resistance along the 0.5 Fib level at $23671 and I think will continue to do so for the rest of...
Looking at the chart of Monero on the daily timeframe we can see that it’s in an obvious bullish momentum. Since September, XMR has consistently been rising in price after bottoming out at $86 along the monthly support. From here, the price gained $130 & $148 as support (both previously TP levels in my most recent XMR read) and has 1st touch rejected off of $165...
Adding onto the weekly analysis I did on Litecoin, we're looking here at the 12-hour chart where LTC broke out of this 2-year long downtrend. 2-years... that's like 10 in the crypto space. Anyways, LTC already 1st touch rejected off of $114 and bounced off of $99.50 Now the next target is $136.38 On the 4-hour it looks like LTC is in a bullish flag pattern just...
To start things off, I want to wish y'all from wherever you may be reading this happy holidays! After this week's crazy news, ETH came back down and wicked $556 monthly support. I can safely say that I didn't expect this to hit, although now I know the reason why this had to happen. Now with the close of the body of the candle above this respected uptrend, this...
The top three cryptos: BTC, ETH, and XRP are today's topic of discussion after the SEC dropped the XRP news. Everyone on Twitter is picking each other apart and calling each other names, with the instigator being none other than Brad himself trying to front run the SEC lawsuit news. Vitalik responded to this by calling XRP a sh!tcoin which I thought was pretty...
Ripple, one of the world's most valuable cryptocurrency companies, on Monday disclosed that the SEC plans to sue the company, it's CEO and its executive chairman for allegedly selling unlicensed securities. Ripple the company owns about 55B of the 100B circulating supply of XRP and would not pass the Howey Test. The Howey Test is a SEC case dating back all the...
Ethereum rejected off of the $670 monthly level and pulled back from there, although I was expecting it to at least hit $687 before pulling back. From here, ETH is holding $636 support at the moment with $623 support backing it up. However these supports listed are fractal to the 4-hour, no timeframe higher, so that means the real support for re-entry is...
Bitcoin rejected off of the $23671 (0.5 Fib) level and looking at the 4-hour chart i'm seeing a minor pullback down below $22k to $21980 in the re-entry zone marked out on my chart. Take a look at how many consecutive trading period Bitcoin has been posting up green candles, people are going to take profits and don't be afraid either to try and catch a re-entry...
Looking at the chart of Litecoin on the weekly timeframe, we can see that it's in a bullish trend that just broke out of a 2-year, almost 3 year, downtrend. The start of the downtrend was created at $171 with the second point being the swing high of the summer bull run in 2019. Since June 2019, Litecoin hasn't reached a higher high than that with the coin failing...
Cardano is looking very bullish with a clean bounce off of $0.14. now that it hit $0.169 and the top trendline, it looks like the resistance level at $0.197 is going to hit pretty easily. Cardano hasn't touched these prices since 2018 but I believe now is the time that these TP's will start hitting. If we can breakout upwards then these TP's are in play,...
+Crypto markets have been in one hell of a ride these few days and the parties just getting started. +After Breaking out if its downtrend (white line) we saw ETH do 25% in roughly 5 and a half days. +Most people TP were $686 including mine but what most of us forgot is the monthly level of $669 +Once we had our first touch on this level we saw a scam wick...
Looking at the 12-hour of YFI, its at a crucial decision point on the verge of a breakout. If this breaks out of this downtrend to the upside, YFI is going to hit $30,000 and beyond to the moon 🌙 The downtrend is formed from the ATH at $43,562 down to the most recent swing high at $30,000. YFI has been creating higher highs and higher lows, both common signs of...
XRP has been a slower mover compared to the other major cryptocurrencies, but now its strapped in for a big pump upwards. At the moment XRPUSD is fighting for the 0.572 level as it regained its uptrend after reversing up. It hit all my previous 3 TP levels, and now here are the next ones i’m looking at for the next leg up: TP1 🎯 0.63 TP2 🎯 0.67267 TP3 🎯...
A monumental day for all BTC hodlers and cryptocurrency enthusiasts, Bitcoin hit 20k. Shortly after that, Bitcoin wicked 21.2k to the Tee from my last analysis, which was the top trendline in this upwards channel seen on the 4-hour timeframe. From here I can see BTC continuing to move up and hit these Fib TP levels: TP1 🎯 $21980 TP2 🎯 $23671 If you haven't seen...
Along with Bitcoin, Ethereum had a great day today rising from $580 to $644. For the entirety of this previous month, ETH has been consolidating underneath yearly highs from $556 - $600 and finally broke out this morning. This changed the sentiment in the markets and lifted the bullish spirits. From here, after ETH hit $600 & $617 as our first take profit...
Man XRP sure did make a correction, XRPUP made an even bigger one... -84% from highs. Charting XRPUP on a larger timeframe typically holds strong, in this case, we will stick to a 4 hour. Looking at this chart, we must watch a few key levels starting with $14.20 as support. If we were to lose $14.20, we'd look to see a bounce at $11.73. If $11.73 fails, expect a...