In this analysis I'm going to take an attempt at making an educated guesss at when Bitcoin will top, purely based on price action. On the chart you can see Bitcoin's price action over the last 13 years on the 2-week chart. The arrows are drawn from the first candle close above the previous all-time high (purple lines). In short, it takes between 17 - 24 bars...
In this analysis I want to discuss the possibility that Bitcoin's temporary correction might be at the ending stages and that the bullish trend might continue in the near future. I want to look at two things: - The price has hit the purple dotted support on the chart. - The RSI has hit oversold on the 4H chart for the first time since late January, at the start...
Preface: I'm still bullish on the crypto market as a whole. I still think it's likely we're going to make new highs in the near future. This is a more short-term oriented trade and will only be activated under certain conditions. In this analysis I want to shed some light on a pattern that one of my commenters recently informed me about. Although it's not the...
Preface This analysis is based on historical price action. Since BTC only had a couple of cycles before, the data presented is based on just a few observations. Furthermore, this analysis will use calculations based on a mathematical model based on these few observations. TLDR/Summary at the bottom. Goal of this analysis In this analysis I'm going to take an...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 ETH has been overall bullish , trading within the ascending channel outlined in red. ETH is currently undergoing a correction phase but is expected to remain bullish as long as the $3500 support level and the lower red trendline hold. 🏹 For the next upward impulse to...
I know I am! I think we are in a "mini" phase pre-end of spring where we just keep ripping it up. There's just too much good news coming out each day about Bitcoin itself. The ETFs have been a massive success, I was blown away by the inflows today. And cherry on top, we have a halving coming up in the next month. Accept and embrace the bull. This is my most...
Target Price#1 - 360% -> 110KRW(110 WON) Target Price#2 - 1030% -> 256KRW(256WON) Target Day 2024/04/17
According to the analysis of the previous post , the Musk currency achieved its targets. At the moment, it has formed a floor in the 0.966 range after a complex correction in 1W time, which is currently forming an upward composite correction. But this upward corrective movement is moving in a channel that, after stabilizing at the bottom of the channel, is again...
🎯 Entry Point: Open a long position after a 4-hour candle closes above $3,600, indicating a breakout. 🎯 Take Profit Levels: First target: $4,150 - $4,350 Second target: $4,700 - $4,900 🛑 Stop Loss: Place a deeper stop loss just below $3,300 to allow for volatility. 📊 Strategy Rationale: Taking advantage of ETH's attempt to break through a significant...
Hi folks today I'm prepared for you Ethereum analytics. A not long time ago price in a short time rose to the 3820 resistance level, which coincided with the resistance zone, but at once rebounded and declined to the 3250 support level. But then, ETH backed up to the resistance level and even broke it, after which some time traded in the resistance zone, after...
Well kind of ultra bullish, one would assume. Lets take a look what we've got. 1) Possible finished expanded flat ABC setting a fake new ATH back in nov 21 with a perfect ABC ending on 1.618 as well as C ending beyond 4.236 2) The first leg in 2019 had been corrected hard to almost 1.0fib, assuming the correction of the third leg will be mild 3) Recent...
RUNE is breaking out its resistance line, so we can expect a bullish momentum. Buy zone - current price Targets - as given in chart
Of when we can expect the next Bitcoin top to arrive. The indicator has a inverse head and shoulders, with a amplitude that projects to reading of 2. Or 2X the 200d simple moving average. Some people will say doing TA on a indicator is foolish. Well I just did. And will be keeping a close eye of this important level.
"What is Conflux? Conflux is a permissionless Layer 1 blockchain connecting decentralized economies across borders and protocols. Recently migrated to hybrid PoW/PoS consensus, Conflux provides a fast, secure, and scalable blockchain environment with zero congestion.... As the only regulatory-compliant public blockchain in CHINA, Conflux provides a unique...
If you can make sense of this that's cool. Otherwise, I'm not really going to explain myself though I do understand what I drew here. I do think the overall trend of Ethereum is trending up but I also think the short term trend shows the graph is going to fall in price for a very short amount of time.
An image showing the negative space around the price of Ethereum. This could be a potential aspect to show where the future price of Ethereum will stay based on uptrends and downtrends. This is an attempt to understand the quite confusing graph of Ethereum, not as simple as Bitcoin to analyze.
Bitcoin has some crazy trends. But everyone says I'm crazy, so I've really got nothing to lose, haha. Basically, everything is overextended, but not really.. if that makes any sense. It puts bitcoin rejecting somewhere between now and 48k, and dropping to like 32k, which then has it returning to 54, which then has it going to like 12k, which then shows...
Short term Doge looks like its in trouble. It looks like a big move down is imminent. Bearish pennant, bearish cross 50 over the 100. A significant move down in Doge and the whole market is about to happen in my opinion. I could be wrong and this is a fake out and we blast to the upside but look at Litecoin and what happened when the 50 crossed over the 100...