After a massive pump towards 44k, BTC has been consolidating for a couple of days now. My expectation is that this period of consolidation is only temporary and that we will break out in the near future, confirming the bull-flag pattern on the chart.
Patient traders will wait for the price to break through the top resistance of the pattern, potentially even for...
AMP 1hr - Still looking good here. Would like to see an hourly close above 0.00358 and for us to take out the last high at 0.0038 for continuation. If not, I believe we may be range bound between 0.00309-0.00358 before moving higher.
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(ETHUSDT chart)
I believe that ETH is leading the market while BTC's movement has slowed.
The uptrend led by ETH is short-lived.
Therefore, it is important whether BTC can take the lead again and...
First of all, know that the time form is 3 days and takes time. Ethereum is forming a large diametric that has now started the bullish fork E.
Ethereum bearish scenarios are cancelled! By examining the chart of Ethereum, we can see that we are inside a complex diametric. The green area is the right place to enter buy/long positions. The range that Ethereum is...
Ethereum / ETHUSD is trading inside multiple Channel Up patterns, the longest of which is the one that started on the June 18th 2022 bottom.
Following only the second 1day Golden Cross formation inside this pattern 3 weeks ago, there is still room for this rise to extend.
Buy now and target the top of the white Channel Up at 2850.
Previous chart:
Follow...
LONG TERM CRYPTO VIEW
The crypto bull run has begun and with the BTC halving coming in 2024, it's just a matter of time before BTC hits new highs and altcoins follow.
BTC is, of course, the bellwether of the crypto market but it is not my biggest position. I am heavily weighted to Solana as I believe it will act how Ethereum did in the previous 2021 peak cycle....
I know the chart looks ridiculous; it's hard to visualize such crazy vertical moves, but we have to follow history, and so far, we are still mirroring the last link bear market.
When you go back and spend time analysing Chainlink movement, you can you see that all of the big moves happen within a 40 day window, yep thats it 40days, extreme volatility and then...
Start here:
At the bottom of the comments of the TA above links to the next in the chain.
We have been 518 days in this range; you have had 518 days to buy Chainlink under 8 dollars.
I have been following this range for a very long time, and now I believe it's time we finally break it to the upside. The bar pattern keeps on playing out perfectly, so the next...
It is very much possible to see a 50k ETH by November 2028 if this channel stays intact; the path is clear.
I believe ETH is right now on the verge of bottoming on the ETH/BTC chart. We have been in a massive symmetrical triangle since 2017 and have now fallen to a very important level where ETH tends to bounce more often than not. Out of the seven different...
It's been a while since I did a Bitcoin TA; I've been focusing on Chainlink mostly these days. Still, I spent the last few days going over everything to come to this conclusion as the most probable outcome next two years . There's a high chance we won't see an all-time high until late 2024.
Like always, it's never easy to predict what Bitcoin is going to do next....
As of this week, BTC has produced 8 green weeks in a row. The last time that this has occurred was during the heights of the 2017 bull-market and took us from 1100$ to 2900$. Seeing that the 'real' bull market hasn't even started yet, these 8 green weeks are impressive to say the least.
However, in 2017 we saw a sharp 40% drop after these 8 weeks. I doubt that...
🔺 Ethereum's Current Position: In the 4-hour timeframe, Ethereum (ETH) is facing rejection from the top of its ascending channel, but a downward trend hasn't been confirmed yet. It's advisable to hold off on opening short positions for now.
📈 Parabolic Line and Potential Jump: Ethereum is still on its upward parabolic trajectory, suggesting a potential upward...
🔺 Ethereum in Weekly Ascending Channel: Ethereum (ETH) is currently moving within an ascending channel in the weekly timeframe and has reached the channel's upper boundary.
🎯 Significant Weekly Resistance: A key static resistance lies ahead at $2454, closely aligned with the psychological level of $2500. Ethereum could potentially reach this if Bitcoin continues...
