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SOL closer to our price targetWhen i wrote this article, people were joking that SOL Solana will RIP $800 :):
Guys, the head and shoulders chart patterns tend to complete. Look at PTON for example:
Now we are close to finish the head and shoulder price target on Solana.
My prediction is $31 soon.
Looking forward to read your opinion about it.
Close but no Cigar for Chainlink!!Looks to good to be true, but this is just another failed attempt to try and break resistance @ $11.50. If and when it fails we will see $9 inevitably. But on the upside that would be our final destination. Good luck! Just my opinion
BTC in Rising Wedge You've Been Warned!If we also consider the stochastic relative strength index on the 4-hour timeframe, we will probably fall into the lower band of the channel.
Bitcoin - We still need more indications to see the aftermath.Hey guys. Its been a little while since I posted last time. Bitcoin just seemed to show us its drama as usual and unfortunately we are in a hard position to speculate the most probable outcome at this point. But it seems its in a short term bearish trend and needs more indicators to be considered patiently. Therefore I will try to list the outcomes that have a big possibility by the following days and weeks by which I will be updating on the issue when we get more indications.
- By this as I have already tried to point it out it seems short term bearish scenario is more handful at this moment backed by some fundamental indicators from the US government interest rate news. Looking at the chart we are in a point that Bitcoin is trying to escape a bearish downtrend breakout which is a critical point to whether it is going to breakout for a further downward correctional movement or not. After looking out the outcome from the daily candle at this point we will have a more clearer sight to predict where it might go in the coming days and weeks. As many traders and analysists are saying there is a probability of going downward to 33,XXX or even 28,XXX area if things are going to keep like these espicially in the US stocks and other major economical agents around the world. I will be giving updates after we see what happen to the close of the following candlestick. For now the scenario's can be taken as :
1. Refusal of a bearish breakout and going to test the 36,XXX - 38,XXX area.
2. Breaking out of the bearish side for a further correction towards the area of 33,XXX and 28,XXX respectively.
Stay Tuned For Live Updates.
@abanefsobulls
Or Is It Just A Coincidence? Bitcoin!What you think about crossing trends in 2017-2022 Bitcoin Chart?
APE Coin - Caution Here! H&S Spotted on the 4hr.Traders,
In my last post I was extremely bullish on APE coin. I had a target of $20+ and we reached and exceeded that target easily. If I was in that trade, I would have sold ALL and taken my profits at that point.
I continue to receive requests for my analysis on this coin. Unfortunately, you all are prolly not gonna like what I have found here.
Let's jump into the charts!
- Stewdam.us
May the Support Zone of Steel Keep The Price of Bitcoin!Currently, we are all aware that we have broken the 50-week simple moving average. The result of such a situation, of course, results in a contact with the lower moving average, so I am talking about the 200-week simple moving average as the target.
But this goal does not have to come immediately.
As you know, we are experiencing negative situations in BTC parity with the crash of global markets. In the event that upward movements begin in the global markets, it is not even sincere that we will break the falling wedge formation that we are currently in.
In any case, I am sure that everyone shares the same wish with me. At the same time, we should not ignore this in the case that there are two separate ABCD setups with different goals in our falling wedge.
The status of the Relative Strength Indices at different time intervals and even the positive inconsistencies in these indices give us hope.
And what's more, we know that the falling wedge formation is a bullish formation, which should not be forgotten.
Possible Doomsday Scenario for the U.S. Dollar IndexUnfortunately, we will either watch a big slaughter in the markets or relax as soon as possible, I hope this is a fakeout situation...
Tier upon Tier in BTCSince 2014, we are on the top floor of a trend channel layer upon layer, breaking down will lead us to disaster... The final point is $31.780, escape without even a confirmation of the needle when it breaks.
Latest Situation and Price Predictions in BitcoinUnfortunately, we are waiting for the price to return with our short positions.
The Bitcoin Bears Return!Traders,
It looks like the bitcoin bears have returned, here's what we need to watch!
Stewdam.us
Last Support for Bitcoin$33.854 is our last support, if this support is broken we will have broken a huge 5-year trend and unfortunately we will be heading towards our $22K target without a relief rally. I still think that we will return from this point and make $52K first and then go to $22K...
Chainlink Bearish till End of MayHigh of $15 only!!! After that, Expect a Low of $8 around the 3rd week of May or Beginnjng of June.
Logarithmically Significant Support and Resistance Areas for BTCThere are areas of resistance that we need to overcome or areas of support that need to hold the price. It is inevitable that the course of the global markets, especially the Nasdaq, which we are in correlation with, will also affect BTC. Therefore, we must take these areas into account, especially in marginal positions.
The Decision Moment in the Symmetrical Triangle Has Arrived for The moment of fate has come for the price predictions within the technical targets that we will go according to the breaking situation of the symmetrical triangle we are currently in...
