Bitcoin painted the bottom wick of the new March monthly candle earlier this week and is now looking like its in a reversal back upwards to $54,000 and beyond. BTC couldn’t wick the uptrend or $41,337 when it dipped down and created the higher low, which is very bullish. Also something to note is that the fear/greed index has dropped significantly as the price...
Binance Coin has been relatively quiet after peaking around $333 a coin in the middle of the month. Since then, BNB has been selling off a bit as bulls have been taking profits and because of that a bullish pennant formed. BNB has been making higher lows after taking off from $128 and has already backtested $194 support. Right now it looks like BNB wants to...
Looking at LTC on the 4-hour time frame we can see that on the most recent pump it didn’t have quite enough strength to reach the $262 TP level like I had hoped, so it found the closest level of support to bounce off of which was $171.55 - $183 accumulation zone of the previous local high created in January. From here, Litecoin looks like its going to hit the...
Looking at BTC on the 4-hour time frame it is obvious to see that it has been creating higher lows on each dump consistently. The fact that Bitcoin is creating these higher lows means that it is still in its bullish trend and that this most recent dump was just a sell off, not the big short just yet. What’s interesting to note is that Bitcoin on this dump down...
Looking at ETH on the 4-hour time frame, it looks like bulls are fighting back and trying to reverse the trend back up. The scam wick that happened on February 22nd all the way down to $700 was a bit ridiculous and showed how much short strength the bears had to be able to push the price all the way down there. The scam wick isn’t anything that we haven’t seen...
Just like Bitcoin and Ethereum, all eyes are on the major cap coins so Litecoin is in the conversation. After hitting $171 (local high) earlier this year, Litecoin rejected and was consolidating along the $136 - $145 support level until it started breaking out last week. From here, Litecoin has surpassed the previous highs and hit $183 as TP as well as $218 for...
Looking at the 12-hour time frame of Ethereum we see that its gained the topside of this upwards channel as support going long towards the $2,022 target. Right now it looks like the $2,022 target is going to hit and the run should continue after hitting that level all the way to $2,709. $2,709 is the 1.618 Fibo level placed after the 1.0 Fibo level at 0.786 ETH...
Zooming out a bit and taking a look at the chart of bitcoin on the daily timeframe, we can see more data. The run in December at the end of the year had the correction in January down to $30,838 and reversed off of there to the new highs we're at now. Bitcoin broke through all the levels of resistance on the way up and is now heading towards the 2.618 Fibo level...
Entry: Breakout and retest of $143.19 Targets: $184, $212, $254, $311 STOP: $119.27 DCJ | Not Advice
XLM has just recently reached new highs on Binance so I drew out these Fib levels to help gauge where the price is going to go. First off, XLM spent the entirety of January / February until now in accumulation right along the 0.277 - 0.30406 level. XLM is clearly in a breakout now going long towards higher highs. Already, it has surpassed the 0.41194 local swing...
Bitcoin Cash is now in a bullish swing with just having re-gained the $515 level of resistance as support. From here, BCH looks like its going to hit $630 and then try to touch $721 on this cycle. BCH has also been a sleeper 💤 but will follow the price of BTC and ETH going long.
XRP has been a 💤 for some time now and especially after the scheduled XRP pump on Feb. 1st, people have seemed to lose interest. However, from the technical standpoint, it created higher lows and held the long term trend right around the 0.36 support zone. From here, XRP has been slowly gaining and is about to surpass the previous highs it posted earlier this...
Chainlink is in an uptrend and looks like its going to hit $30.45, the level created at the 1.0 Fibo. Right now, LINK passed $25.85 (0.618 Fib) resistance turned support and is now looking to 1st touch $27.87 (0.786 Fib) before it completes the journey upwards to $30.45 (1.0 Fib)
Litecoin has almost completed its downtrend cycle, bottoming out at $121 and is on the path to continuing its uptrend making new higher highs. Just recently, Litecoin hit $171 and is now heading towards the local high at $183. From here, a close over the local high resistance turned support would send the price of LTC to $218, which is the 2018 swing high level...
Ethereum recently lifted up to the previous 2017 ATH price at $1594 and turned that level of resistance into support. From here, it found support on top of the channel, wedged between that and the $1784 resistance level. I'm expecting the price of Bitcoin to fly to $54,000 and carry the price of ETH to $2,000 and above. $1784 is just a minor level of resistance...
Bitcoin has broken through both $39,696 and $41,337 resistance levels, now looking at hitting the $54,028 level placed at the 2.618 Fib. BTC is obviously in a bullish swing and adding fuel to that fire is Elon Musk buying 1.5 billion dollars worth of Bitcoin with the Tesla balance sheet. The company has also said that it will start accepting the cryptocurrency...
March 2020 low was 0.14333 created as support August 2020 low was 0.26 created as support Just recently, ALGO regained 0.5070 as resistance turned support, heading towards: TP1 🎯 0.6291 TP2 🎯 0.8170 TP3 🎯 (moonshot) $1.51 Founded by Turing award winner and MIT professor Silvio Micali, Algorand is a permission less pure proof-of-stake blockchain protocol....
Swipe (SXP) has bottomed out at 0.623 and reversed off this level, starting to go long and form its bullish momentum. What is SXP? SXP is a cryptocurrency that powers The Swipe Wallet. The Swipe Wallet has been designed to require Swipe Tokens SXP to perform all functions and utility of the Wallet including to use the services and to make withdraws. Users on...