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Vinceprince

ETHEREUM, This FORMATION Can Indicate A CRUCIAL CONTINUATION!Hello, Welcome to this analysis about Ethereum and the daily timeframe perspectives. Since the Cryptocurrency Market recently has shown up with determining increased bearish volatilities the whole market interface has altered and now it will be decisive on how the market moves on further as a whole and especially in which direction it will move on. Therefore Ethereum is an important symbol as it is the second-largest Cryptocurrency within the market and in this case, I detected the pivotal determinations we need to consider here. As when looking at my chart now we can watch there how Ethereum together with these recent bearish declines and the previous price-action has begun to form this major ascending-channel formation in which it has a coherent wave-count with the waves A to C already completed. Now as Ethereum moves on further with the wave D in the structure there is a high likelihood given that Ethereum approaches the main remaining support-cluster within the lower boundary marked in blue in the next times. From there on Ethereum will basically complete the whole wave-count with the wave E moving into the upper boundary again, if Ethereum then pulls back heavily from there on this will lead to continuations and the whole formation will be completed with a breakout below the lower boundary from where Ethereum will activate the lower target-zones showed in my chart, once these zones have been reached the situation needs to be elevated again and Ethereum needs to show in which direction it heads, it will be an important development. In this manner, thank you for watching the analysis, all the best! "Good fortune is when opportunity meets preparation." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
7
WARNING: BITCOIN Bear-Flag Can Determine Fierce Drop To $42,500!Hello, Welcome to this crucial analysis about Bitcoin and its 2-hour timeframe perspectives. In the last days Bitcoin managed to breakout the pivotal $45,000 resistance with a solid bounce above this level however as for now Bitcoin did not manage to move above the $48,000 resistance and form a new high above this level which is needed to keep the trend going. From there on Bitcoin pulled back and severely tested the $45,000 level again which means the more often Bitcoin tests this level the weaker it gets. Also coming into the interface here is the 200-EMA marked in red in my chart below which Bitcoin previously determined the bearish extension. What forms now in this whole range here is a decisive channel-formation, this channel-formation can complete as a devastating Bear Flag Formation once Bitcoin has settled below the lower boundary of the formation and below the 200-EMA. Such a breakout is likely to move Bitcoin into the $42,500 level from where a possible reversal can be considered. For now it is better to keep patient rather than rushing into a short position as Bitcoin already dropped mainly from its high at $48,000 and especially as a breakout of the flag formation can also lead to a sharp snap back into the range. Therefore it is better to look on how the market evolves here before moving on to further conclusions, it will be an important development ahead. In this manner, thank you for watching the analysis, all the best! "The past, like the future, is indefinite and exists only as a spectrum of possibilities." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
46
BITCOIN - The FORMATION That Can Lead To A SURGE ABOVE $100,000!Hello, Welcome to this analysis about Bitcoin on the 4-day timeframe perspective. In recent times Bitcoin is developing crucial determinations from a fundamental as well as technical perspective. As mentioned in my previous analysis of Bitcoin there is a higher possibility given that Bitcoin has the ability to manage to hold above the $35,000 area and to form a reversal formation above this area. In this case now when looking on the more broader global perspective I detected a massive formation that Bitcoin is forming which already formed severely in Bitcoins history. This formation when completed will have a massive impact on Bitcoin's further development. Of course, it is also necessary to consider the fundamental side nevertheless in this case we can also watch positive movements going forward as the technological adoption of Bitcoin is moving forward with Exchanges adopting the Lightning Network, Bitcoin-ETF establishments making progress, and authorities looking to legalize Bitcoin. If there do not come any major disruptions or recession/depression dynamics as we have seen it within the Corona-Crash in 2020 these processes can go further. In this case, I detected the most important structures from a technical view and what to consider in this manner. As when looking at my chart we can watch there how Bitcoin already once completed this decisive Broadening-Wedge-Flag-Formation which came along after Bitcoin managed to recover from the devastating abnormal Corona-Crash-Dynamics which hit all global markets in May 2020. The Broadening-Wedge-Formation has completed after these critical events and from there on Bitcoin showed up with greatly expanded volatilities. The Broadening-Wedge-Flag-Formation that forms a second time now is having a much bigger scale and completion of this formation will just have a much stronger effect as the formation completed after the Corona-Crash-Dynamics. In this case, there is wave D and E remaining with approaching the upper and lower boundary of the formation before completion can show up. The completion of this paramount formation will activate targets above the $100,000 mark. For now, it will be important how Bitcoin completes this pattern and if it finalizes appropriately Bitcoin is looking into a bright development with the completion of the formation, it will be an interesting development. In this manner, thank you for watching the analysis, all the best! "There are many roads to prosperity, but one must be taken." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
41
EURUSD, Flag-Formation, The Completion And Objections!Hello, Welcome to this analysis about EURUSD on the 4-hour timeframe perspective. As when looking at my chart we can watch there how EURUSD managed to bounce within the 1.08 area and managed to initially reverse from its prior established downtrend. This was a first source of increased volatility with which EURUSD showed up and moved on to test remaining resistances within the range. Furthermore, EURUSD has formed important higher highs and lower lows together in this main potential Ascending-Bull-Pennant-Formation in which it has appropriate support determined by the 20-EMA marked in blue and the local wave-count forming simultaneously in the major wave B reaching from A to C has been already completed. Now EURUSD managed to greatly bounce within the lower boundary of the Flag-Formation and is attempting a breakout above the upper boundary with a local Flag-Formation in this area marked in orange. In the near future once EURUSD managed to breakout above the upper boundary this will be the origin of a continuation and the activation of the Bull-Flag-Target-Zone marked in my chart, once this zone has been reached the situation needs to be elevated again and EURUSD needs to show how it continues from there on with either a pullback or a continuation formation that sends EURUSD straight on further. In this manner, thank you for watching the analysis, all the best! "Good fortune is when opportunity meets preparation." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
14
J-P MORGAN, On The VERGE To A PRECARIOUS BREAKDOWN!Hello, Welcome to this analysis about JP Morgan And Chase on the monthly timeframe perspectives. The stock market is battered because of the ongoing war-dynamics and history has repeatedly shown that during such times the market is either going sideways or has a bearish edge, these indications should not be underestimated when assessing the stock market and stocks within the stock market and therefore there is a higher tendency for the market to show up with further bearish volatilities in the next times. When looking at my chart with JP Morgan And Chase now we can watch there that the stock is building a precarious massive formation which is actually an ascending-wedge-formation with a wave-count within the formation, such a formation normally signals a devastating reversal to emerge. Besides that JP Morgan and Chase has a decreasing-volatility-circle which means the bullish strength is decreasing more and more inclined with the actual wedge-formation forming here. Together with these crucial indications JP Morgan And Chase also forms this main RSI-Bearish-Divergence as a additional indication for this whole formation to be completed. Therefore when looking at these whole dynamics the bearish upcoming perspectives should in any case not be put from the desk here and once the target zone has been reached there is still the possibility that the stock continues further, it will be a critical development ahead. In this manner, thank you for watching the analysis, all the best! "The high destiny of the market is to explicate, rather than to speculate." Information provided is only educational and should not be used to take action in the markets.
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NYSE:JPM
by VincePrince
24
TOTAL CRYPTO-CAP, Paramount Formation With Pennant-Potential!Hello, Welcome to this analysis about the Total Cryptocurrency Market-Cap on the 3-day timeframe perspective. Many determining factors in recent times have contributed to important developments in the Cryptocurrency Field in the recent times. In this case Cryptocurrency is getting more and more public mainstream attention as institutions as well as old economy participants moving into Cryptocurrency. In this case it is also important to take the technical aspects into consideration and therefore I detected important factors that will alter the whole dynamics in the next time. Therefore I detected the most important formational structures, price-levels, and upcoming determinations to consider here. As when looking at my chart now we can watch there how the Total Cryptocurrency Market-Cap is building this huge descending triangle formation with important supports within the structure and the coherent wave-count from A to C that has been already completed. Now the Total Cryptocurrency Market-Cap bounced within the lower boundary of the triangle and also matched with the momentous ascending trend line marked in blue in which the asset also bounced. Besides that the Total Cryptocurrency Market-Cap is holding greatly above the 65-EMA as well as 20-EMA and there is a high likelihood possibility given that the Total Cryptocurrency Market-Cap from here on shows up with a breakout above the upper boundary of the formation which will activate the further developments. In this case, the first target will be the initial target-zone and when this has been reached and the Total Cryptocurrency Market-Cap has developed strongly enough then the Wave-C-Extension-Target-Zone will be the next target to be pointed, it will be an interesting development ahead. In this manner, thank you for watching the analysis, all the best! "There are many roads to prosperity, but one must be taken." Information provided is only educational and should not be used to take action in the markets.
CRYPTOCAP:TOTAL3
by VincePrince
7
BITCOIN, Breakout 200-EMA, MASSIVE Double-Bottom VALIDATED!Hello, Welcome to this analysis about Bitcoin and the daily timeframe perspectives. In recent times important changes occurred in the whole Cryptocurrency Market Interface and this has been reflected in the Bitcoin Real Price-Action with Bitcoin again establishing a major underlying paradigm-shift to break through key levels within the last establishments. From a Fundamental News Perspective, we have seen important institutional developments such as Exchanges like Binance or Coinbase moving forward with their expansion in the Cryptocurrency field as well as classical economy sectors, we have also seen the CME group launching its Micro-Sized Bitcoin- and Ethereum Options as well as other Countries speculating about the adoption of Bitcoin and Crypto as a legal tender. All these developments showing a fundamental demand still present and in this case I detected the major underlying formational structure to consider now, Bitcoin also showed up with the more likely bullish breakout off the main triangle-formation that I mentioned, if you did not see it already I highly recommend to watch it to have a full-depth-overview. As when looking at my chart now we can watch there how Bitcoin greatly formed the breakout above the 200-EMA resistance, the 200-EMA in this whole development is a highly crucial EMA because it served as support- and resistance several times in Bitcoins developed price-actions. Now Bitcoin managed to heavily breakout above this EMA also matching with the main $44,300 resistance determined by the neckline of Bitcoins massive double bottom formation. The fact that Bitcoin now exploded above this critical intersection-point has confirmed the completion of the whole double bottom formation as seen in my chart and activated the target zone. In the near future a validation formation above the neckline is likely from where Bitcoin will have the abilities to build upon and continue to the target-zones in the $52,500 level seen in my chart. Once Bitcoin will have reached out to these zones it will be determining on how Bitcoin continues from there and if Bitcoin manages to move forward with a continuation formation or firstly pulls back, if Bitcoin then finally manages to breakout above the $52,500 level this will lead to the continuation within the Bullish-Paradigm-Continuation-Zone, it will be an interesting development ahead. In this manner, thank you for watching the analysis, all the best! "Good fortune is when opportunity meets preparation." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
19
GBPUSD, Potential To Complete Major Descending-Triangle!Hello, Welcome to this analysis about GBPUSD and the 12-hour timeframe perspectives. GBUSD in the recent times initially stopped with its downtrend and showed up with a reversal move to increase with bullishness in the structure and to bounce off the 1.3 mark. Now on the broader perspective as seen in my chart GBPUSD is developing this main descending-triangle-formation with the coherent wave-count within the formation and the waves A to C already completed. The wave B has been completed with this ascending-triangle and the wave D is now developing a local bull-flag which is the actual source of the main wave E to follow up and finally complete the whole wave-count, if GBPUSD then manages to bounce within the lower boundary and finally breakout above the upper boundary of the descending-triangle-formation this will be the setup for further continuations and will activate the Descending-Triangle-Target-Zone as seen in my chart. Once this zone has been reached it has to be elevated how GBPUSD continues from there on and in this case it will be a crucial consideration on if GBPUSD firstly pulls back or manages to form a formation in this structure, it will be an important establishment ahead. In this manner, thank you for watching the analysis, all the best! "There are many roads to prosperity, but one must be taken." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
6
TSLA, Ability To Complete Inverse H-S-Formation, Objections!Hello, Welcome to this analysis about TSLA and the daily timeframe perspectives. In recent times I have detected pivotal developments in the TSLA stock real price-action. As when looking at my chart we can watch there that the stock dipped after Elon Musk needed to sell a part od his stock supply to pay taxes, in this case, the price-action moved into the 700 level where the stock has important supports in the structure and this is why we have seen this initial bounce from this level on. Now the stock moved on to test further resistances in the range and greatly managed to breakout above the 65-EMA which is an important sign as this EMA previously determined the downtrend. Furthermore, as I discovered the stock is now setting up a potential inverse head-shoulder-formation with the left shoulder and the head already completed. Now as the stock has critical supports in the range which are shown in my chart within the 870 level, these levels are highly necessary to hold for the stock to complete the inverse head-shoulder-formation appropriately. When this happens and the stock finally manages to break out above the neckline it will complete the whole formation and will activate the target-zone as seen in my chart. Once the stock has moved on with the suggested conclusions it will be decisive on how the stock moves further from there and if there comes a pullback or the stock manages to build up with a next formation, it will be an interesting development ahead. In this manner, thank you for watching the analysis, all the best! "There are many roads to prosperity, but one must be taken." Information provided is only educational and should not be used to take action in the markets.
NASDAQ:TSLA
by VincePrince
9
TOTAL CRYPTO-CAP, Bullish Perspectives As Bull-Flag Builds Up!Hello Cryptocurrency Community, Welcome to this new analysis of mine about the Total Cryptocurrency Market-Cap displayed as the market-cap valuation in US-Dollar on the 4-hour timeframe perspectives. In recent times many mixed signals have hit the market however what is a prevailing imperative in this market environment is that the Bitcoin and Cryptocurrency technological mainstream adoption is actually moving forward, this is also why we did not have seen a devastating breakdown to the downside yet. There are further mainstreams adoptions markable such as Rio de Janeiro saving a part of its GDP to hedge against inflation, old economic investment bank Goldman Sachs completing its first Bitcoin Over-The-Counter trade or Malaysia considers to make Bitcoin a legal tender which would be the second country to move on with this fundamental action. These establishments show that the demand to adopt Bitcoin and Cryptocurrency is not decreasing however, in this case, it is also necessary to watch on the actual Price-Action-Determinations therefore I detected important signs, formations, and what to expect in the upcoming times. As when looking on my chart now we can watch there that the Total Cryptocurrency Market-Cap Price-Action recently managed to breakout above the 710 Billion US-Dollar valuation mark and increased bullishness above this region to form a higher high in this zone. Besides that, we can watch a main ascending-channel-formation developing in the range marked in my chart with the orange channel. In this channel the Total Cryptocurrency Market-Cap is developing a wave-count of which the waves A and B are already completed. Now as the Total Cryptocurrency Market-Cap is approaching the main local resistance this is indicative for a pullback to the downside which will complete the wave-count with the wave C. When this happens the Total Cryptocurrency Market-Cap has substantial support within the major Structure-Support marked in my chart in blue, when the Total Cryptocurrency Market-Cap manages to bounce in this zone it will be the appropriate origin of the completion of the whole channel as a bull-flag once the price-action settles above the upper boundary it activates the main target-zone seen in my chart. In this manner, thank you for watching the analysis, all the best! "Good fortune is when opportunity meets preparation." Information provided is only educational and should not be used to take action in the markets.
CRYPTOCAP:TOTAL3
by VincePrince
2
BITCOIN, MASSIVE Triangle-Formation, MAIN POSSIBILITIES!Hello, Welcome to this analysis about Bitcoin and the daily timeframe perspectives. Bitcoin in recent times has moved into a pivotal determination zone from where further developments will show its upcoming destinies. In this case, we need to see the changing dynamics in Bitcoins fundamental landscape as on the one side technological developments are moving forward while new regulatory movements are set in the such as the U.S. as well as the E.U. implementing a regulatory framework that is looking for several diverging developments to be implemented in Bitcoin and Cryptocurrency as an asset-class. On a more Long-Term-Perspective these establishments are likely to have an increased positive impact as Bitcoin and Cryptocurrency are becoming increasingly mainstream however on the more Middle-Term-Perspectives it is also of high importance to look at the technical factors as well. Therefore I detected the major formation Bitcoin is forming here and what we can derive from it for the upcoming destinies. Determining Developments: As when looking at my chart now we can watch there how Bitcoin moved into a huge range between 33.000 and 46.000 USD level, these two levels are the momentous boundaries in this whole range. Besides that Bitcoin is now building this paramount triangle formation where the lower boundary is steeper than the upper boundary. Within this triangle formation Bitcoin has the coherent wave-count with the waves A to C almost completed and now we can see that Bitcoin is setting up to form the wave D and the wave E. In the upcoming times, with the completion of the wave count, it is likely that the wave E finalizes within the main Decision-Zone marked in my chart in orange, from this level the final decisive movements will setup and Bitcoin will either conclude scenario A with breaking out above the Upper-Boundary as seen in my chart or the scenario B with breaking out below the lower boundary and also below the Decision-Zone. Upcoming Destinies: Taking all these factors into the consideration now it will be highly pivotal to await the final confirmations before moving to further conclusions. Nevertheless, as the factors are showing us now the bullish scenario A has with 65% a higher possibility to emerge than the bearish scenario with a possibility of 35%. This is given due to the fact that Bitcoin still has substantial support within the Point-Of-Control marked with the red line in my chart and also by past price action. Therefore when the scenario finalizes it will activate the upper Target-Zone as shown in my chart between the 50.700 and the 52.200 USD level. The objected possibilities can also change if Bitcoin shows up with increased bearish pressure and volume while completing the wave-count and in this case when Bitcoin does so and scenario B gets more likely the range between 29.700 and 30.200 USD will be activated as the Target-Zone if Bitcoin should complete the Triangle into this direction. In this manner, thank you for watching the analysis, all the best! "There are many roads to prosperity, but one must be taken." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
15
CRUDE OIL, Paramount Breakouts + Growing Demand Means Bullish!Hello, Welcome to this analysis about WTI CRUDE OIL and the monthly timeframe perspectives. Since the Russia-Ukraine-Conflict began we can see many countries upfront with the E.U. sanctioning Russia and preventing Oil exports out of Russia, cutting off all supply chains including oil. These developments mean there is a growing demand for oil and gas on the world market because Russia normally holds 12% of the whole world's oil and gas exports and therefore countries need to move to other sources of oil and gas and as countries, especially in the E.U. have normally almost 40% of their oil and gas imported from Russia there is also a falling supply combined with growing demand on the world market showing the fuel for the steep rising in prices we have seen so far in the recent times. In my chart, you can watch how WTI CRUDE OIL already completed this massive descending-triangle-formation, and now recently with these developments also moved with heavy volatility above the major 10-Year-Resistance marking in my chart. All these developments point to a continuation of the bullish volatility that was established over the recent days, also the main descending-triangle-target-zone marked in my chart has an increased likelihood to be reached with the current dynamics. In this manner, thank you for watching the analysis, all the best! Information provided is only educational and should not be used to take action in the markets.
TVC:USOIL
by VincePrince
10
SAP, Head-Shoulder-Formation, Pivotal Determinations!Hello, Welcome to this analysis about SAP on the monthly timeframe perspectives. As when looking at my chart we can watch there SAP os forming this massive head-shoulder-formation which is almost completed as the left shoulder and the head already developed. Now with the right shoulder SAP also broke down below the 65-EMA which is an important EMA that actually held the bullish trend to the upside previously, now as this EMA condition has changed this gives an additional indication that the head-shoulder-formation has a high possibility to complete in the upcoming times. Once SAP has formed the breakout below the neckline this will be the setup of completion for this whole head-shoulder-formation and SAP will activate the targets as seen in my chart, once these have been reached the situation needs to be elevated again. In this manner, thank you for watching the analysis, all the best! "The past like the future is indefinite and exists only as a spectrum of possibilities." Information provided is only educational and should not be used to take action in the markets.
XETR:SAP
by VincePrince
4
BITCOIN, Ability Present To Complete Pivotal Triangle-Formation!Hi Community, Since Bitcoin in recent times increased with bullish volatility and initially pulled back to test previous ranges it is forming an interesting formational structure here that is likely to be worthwhile for the incoming price-action-events. Mainly we can watch an increased demand coming into Bitcoin and the whole Cryptocurrency market as geopolitical events paired with Inflation point to people increasing their trust in Bitcoin and Cryptocurrency, we can see this manifested in real volume and trading activity which increased over recent times. Also from a technological-adoption- and mainstream-adoption- perspective there is an acceleration of adoption moving forward, such as Mexico as the second official country after El Salvador considers making Bitcoin a legal tender. Besides that eBay as a main established e-commerce platform is looking to adopt Bitcoin and Cryptocurrency as a payment method. These developments are positive indications for a long-term bullish perspective and are likely to contribute as such if there are no regulatory, restrictionary, economic, technological or environmental events that can alter this bullish long-term sentiment again, as Traders it is necessary to consider these determinations to have a rounded approach to the market. Looking at my chart now we can watch there how Bitcoin is forming a central formation here which is a descending-triangle-formation, such a descending-triangle-formation is an efficient indication for concluding a reversal when the right price-action settles. Therefore as Bitcoin already completed the coherent wave-count reaching from A to C within the formation and is now approaching the lower boundary of the formation in which it has appropriate support determined by the lower boundary of Bitcoins main ascending-channel together with the 300-EMA marked in blue, there is a solid potential given that Bitcoin has the ability to form the decisive bounce above the upper-boundary of the formation in this range. Once such a bounce has emerged it will be the technical confirmation and completion of the descending-triangle-formation and it will point to the final setup from where Bitcoin has the right fundament to build upon, besides that this will also validate the target-zones seen in my chart. Once the target-zone of 44.500 USD has been reached Bitcoin has to show how it moves into this zone and if Bitcoin manages to form a continuation-formation in this area because when this happens Bitcoin has the potential for forming a wave-C-extension when it manages to breakout into the bullish-continuation-zone. In this manner, thank you for watching the analysis, all the best! "The day of fortune is like a harvest day, We must be present when the corn is ripe." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
13
MATIC, Determining Descending-Triangle, Destinies Once Complete!Hello, Welcome to this analysis about MATIC and the daily timeframe perspectives. In recent times the divergence between certain cryptocurrencies is increasing more and more and this is why it is highly pivotal to differentiate the different setups as there are more bullish setups while there are also higher likelihood bearish setup determinations. With MATIC I detected that it is forming a interesting formation that can show up with bullish determinations once completed. Therefore as when looking at my chart we can watch there how MATIC develops this main descending-triangle-formation with the coherent wave-count within almost completed and the final wave E remaining to appoint to the finalization of the wave-count approaching the major lower-boundary support-zone marked in my chart in orange within the lower boundary. Once MATIC reaches out this zone and manages to bounce within there this will be the appropriate origin of a breakout above the upper boundary of the formation and when this finally happened it will point to the completion of the formation as well as activate the further target-zones marked in my chart within the 2.35 USD level, once these targets have been reached it has to be elevated how MATIC moves on from there and if there comes a continuation in the structure and how this can evolve. For now MATIC is showing some great potentials especially when the whole formation finally completes as expected, it will be an interesting dynamic ahead. In this manner, thank you for watching the analysis, all the best! "Good fortune is when opportunity meets preparation." Information provided is only educational and should not be used to take action in the markets.
M
by VincePrince
8
BITCOIN, Massive POTENTIAL For DOUBLE-BOTTOM To VALIDATE!Hello, Welcome to this analysis about Bitcoin and the 12-hour timeframe perspectives. In recent times Bitcoin managed to complete the main broadening-wedge-bottoming-formation and already reach out the further target-zones, if you did not see this analysis already I highly recommend it to watch and because of this I am linking the analysis in this idea. Besides that Bitcoin now recently managed to setup on the upper boundary of the broadening-wedge-bottoming-formation and bounce from this boundary as also seen in the analysis. Now as Bitcoin moved on with these great volatility determinations I detected further important determinations that Bitcoin is forming here, therefore I am explicating the crucial structural formations, upcoming determinations and what are potentials in the upcoming times. Bitcoin Major Double-Bottom-Formation And Its Potentials: As shown in my chart Bitcoin now recently increased with these huge volatility spikes and moved above the main descending-resistance-line marked in black which is now important support, besides that Bitcoin has pivotal supports in this area together with the 20-EMA and 100-EMA marked in my chart. What is important here is to look on where Bitcoin came from and as shown in my chart this is a great initial double bottom formation with the first and second bottom completed from where it showed up with great volatilities. Now Bitcoin moved on to test the main neckline-range again and there is a higher possibility given here that Bitcoin from here on firstly pulls back to approach the remaining main support-zone marked in orange in my chart where several supports are coming together. If this support can be hold it will be the appropriate origin for a final completion of the double bottom formation. Upcoming Determinations, Completion Of The Formation And Target Projection: Taking all these factors into consideration it will be highly pivotal how Bitcoin approaches the supports also matching with the point of control where Bitcoin has the most volume by price shown in my chart in the red line. When Bitcoin manages to bounce in these zones and finally mark above the neckline range this will be the completion of this whole double bottom formation and Bitcoin will have the ability to move on further from there as well as activate the target zone which is as marked in my chart within the 54.000 to 56.500 USD. As Bitcoin has also lesser volume on the way to these targets this gives and additional indication that the targets are to be reached. Once these determinations have been fulfilled Bitcoin has to show how it moves on further from there, for now we need to keep patient and await the final validations before considering further conclusions, it will be a interesting development ahead. In this manner, thank you for watching the analysis, all the best! "Good fortune is when opportunity meets preparation." Information provided is only educational and should not be used to take action in the markets.
BYBIT:BTCUSD.P
by VincePrince
9
TOTAL CRYPTO-CAP, Major H-S-Formation, Steps To Completion!Hello, Welcome to this analysis about the Total Cryptocurrency Market-Cap on the 4-hour timeframe perspectives. As I detected the total crypto-cap is forming crucial determinations and as when looking at my chart we can watch there how a main inverse head-shoulder-formation has the ability to complete for the total crypto-cap. Currently the total crypto-cap is testing the neckline which means there is a high possibility given that the total crypto-cap pulls back from the neckline as seen in my chart. When this establishes the pullback will move on till the support zone as shown in my chart is reached, this is a very important support zone because the total crypto-cap needs to hold it and bounce in order to complete the whole inverse head-shoulder-formation. When the total crypto-cap manages to bounce and finally move above the neckline as shown in my chart this will complete the whole formation and the total crypto-cap will move on further, it will be an important determination ahead. In this manner, thank you for watching the analysis, all the best! "There are many roads to prosperity, but one must be taken." Information provided is only educational and should not be used to take action in the markets.
CRYPTOCAP:TOTAL3
by VincePrince
7
ETHEREUM, Massive FORMATION Likely To SHIFT DYNAMICS!Hello, Welcome to this analysis about Ethereum on the 4-day timeframe perspectives. In recent times the Cryptocurrency Market Space has moved into important watershed moments in which we need to determine the appropriate destinies with the given indications and prospects. There is an increasing regulatory eagerness that is projected onto the Cryptocurrency market while it seems that there are building two parties, those who want stronger regulation of Cryptocurrency and even seize it much more as it is seen till now while there are those who want to support the Bitcoin continuation of technological development and are positively directed towards Bitcoin adoption and legal tender developments as we recently see with for example Mexican senators considering a legal tender adoption like it has been seen in El Salvador while there are other countries considering this fundamental step as well. In this mixed signals environment, it is highly necessary to also consider the technical factors to come up with a realistic perspective on where the market is heading. As when looking at my chart now we can watch there how Ethereum is building this massive ascending-triangle-formation with the coherent wave-count within the formation and the waves A to D almost already completed. Now as seen in my chart, the fact that Ethereum manages to initially bounce within the lower boundary and mark the 150-EMA together with the lower boundary as an important support zone increases the likelihood that the wave E emerges from this point on which will complete the whole wave-count and move into the upper boundary of the whole ascending triangle formation from where a pullback is highly likely as the wave count will be completed and Ethereum has massive resistance in this zone. Once these pullbacks are settled and Ethereum heavily increases with bearish volatility this will complete the whole formation with a breakout below the lower boundary and a continuation is likely to take place. Taking all these factors into the consideration here it is highly urgent to in any case do not underestimate the bearish scenarios that are set up here, in this determination it is pivotal that we are prepared for these scenarios to do not get overwhelmed when they emerge. It does not mean Ethereum has no bullish potential on more long-term perspectives from a fundamental standpoint however technically we need to appropriately measure the signals in the right manner, therefore it will be an important and decisive development ahead. In this manner, thank you for watching the analysis, all the best! "Genius is eternal patience." Information provided is only educational and should not be used to take action in the markets.
BYBIT:ETHUSD.P
by VincePrince
7
BITCOIN, CRUCIAL FORMATION Can Be Catalyst For NEXT IMPULSE!Hello Cryptocurrency Community, Welcome to this pivotal crucial Bitcoin analysis about the 12-hour timeframe perspectives, the recent events, the current formational structure, and what we should expect in the upcoming times. The main potential inverse head-shoulder-formation that I mentioned in my previous analysis has now been invalidated to the downside and activated scenario 2 for Bitcoin, if you did not see this analysis already I highly recommend watching it as this analysis is coherently building upon it. Therefore as Bitcoin now invalidated this bearish scenario due to the volatility that recently increased the paradigm has shifted and in this case, I detected important formational factors that are important to take into account right now. Structural Formation And Incoming Determinations: Looking at my chart we can watch there how Bitcoin since recently increased with bearish volatilities has moved into the crucial 34.400 USD support marked in my chart in blue and has now tested this support, this support was already tested previously and the more often Bitcoin tests this support the weaker it gets. Nevertheless currently on the more local timeframes Bitcoin is also building this broadening-wedge-formation that I will link here, when this formation completes Bitcoin has the ability to breakout and initially move into the remaining resistances where Bitcoin has strong resistances within the 38.600 to 40.000 USD area that is marked in my chart in red, therefore, when Bitcoin reaches out there it will be a highly likely origin of a bearish pullback to the downside. Upcoming Destinies To Consider: Taking all these factors into the consideration now when Bitcoin pulls back off the massive bearish-resistance-cluster as marked in my chart this is just one step forward for completing the huge massive bearish indicated descending-triangle-formation that Bitcoin forms here marked in my chart with the coherent wave-count within which will complete when Bitcoin finalizes the wave-E in the triangle and once this happened with Bitcoin breaking below the lower boundary it will activate the bearish continuations and Bitcoin reaching out lower levels, therefore, the 24.500 USD zone as marked in my chart will be a likely target to be reached once this whole formation has been completed, therefore it is highly necessary that we keep patient and prepare on such increased volatilities upcoming. Local Broadening-Wedge-Formation With The Resistance-Pullback-Scenario Indicated: In this manner, thank you for watching the analysis, all the best! "The high destiny of the market is to explicate, rather than to speculate." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
20
BITCOIN, On The Verge To A MASSIVE PARADIGM-SHIFT, 2 SCENARIOS!Hello Cryptocurrency Community, Welcome to this crucial analysis about Bitcoin, this time on the daily timeframe perspectives. Since Bitcoin, as expected showed up with the completion of the local bear-flag-formation that I mentioned in my previous analysis ideas Bitcoin moved on to reach all our projected target zones and continued to increase bearish volatilities as expected. If you did not see these analysis I highly recommend it to watch to have a full-depth-overview about the current situation as this analysis is building a coherent follow up about the market situation. In recent times there happened pivotal developments not only from a technical but also from a fundamental perspective that are likely to affect the Bitcoin and Cryptocurrency dynamics in the upcoming destinies, therefore I am looking at the pivotal factors and determinations we need to consider here. Fundamental Determinations And Indications: From a fundamental perspective, it is necessary to realize that the world and also the economy is in a transition phase, since the global pandemic hit all global markets and the economy back in May 2020 many countries needed to heavily adjust to this changing order and in this case nearly all economies suffered because of the dynamics that went along with the pandemic. Now the world economies slowly regain however there is increased inflation going on which means that there is a higher possibility that fiat money flows into financial markets and investors seeking for a hedge for example with Bitcoin, this can be a bullish sentiment indication on the long term. Nevertheless, if the Inflation heavily accelerates together with the FED actually increasing the interest rates and decreasing their currently approximately 8.9 Trillion USD large balance sheet this will provide a bearish sentiment, these are important indications to consider in next times. Technical Developments And Two Main Scenarios To Consider: Taking these fundamentals into the account we can now examine the technicals and as when looking at my chart we can watch there that Bitcoin since completing the local bearish flag formation is contributing to a formation on a broader scale which is actually a potential inverse head-shoulder-formation, the reason why it is a potential h-s-formation yet is that it still can invalidate if Bitcoin does not hold the 36.440 USD level marked in blue in my chart. Therefore there are two main scenarios given here, the first one comes around when Bitcoin manages to complete the inverse head-shoulder-formation with a breakout above the neckline as seen in my chart and the second scenario will show up when Bitcoin actually breaks down the 36.440 USD level, in this case the next target will be the 30.000 USD level and when this level does not hold Bitcoin will likely complete the whole massive double-top formation bearishly to the downside that I already mentioned in my TradingView as well as YouTube. Bitcoins Upcoming Destinies And Pivotal Confirmations: Taking all these factors into the consideration now this formation will be a huge factor to decide Bitcoins destinies in the next times, especially with the fundamentals changing more into the bearish direction this can lead to a devastating completion of the double-top otherwise when Bitcoin does hold this structure and actually completes the main inverse head-shoulder-formation this does not mean Bitcoin is completely out of the woods though as Bitcoin needs to firstly show how it can hold the range and build up on it after reaching out the target-zones. Therefore it will be highly important now to keep patient and wait for the appropriate confirmations rather than to rush into the market with over-speculation as it is seen too often these days. The main confirmations for Bitcoin will show up in the near future and they will indicate if Bitcoin has bearish or bullish destinies, it will be an important dynamic ahead. In this manner, thank you for watching the analysis, all the best! "There are many roads to prosperity, but one must be taken." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
30
BITCOIN, Develops CRUCIAL BEAR-FLAG, Determining Objections Now!Good Day Cryptocurrency Community, Welcome to this pivotal analysis about the Bitcoin situation on the 2-hour timeframe perspectives. Since Bitcoin recently managed to hold the $42,000 area we have seen an initial bounce of $2,600 here with Bitcoin moving into the $44,600 level and confirming as at an important resistance, in fact, Bitcoin still had resistance in this area developed by past price actions. While Bitcoins technological adoption goes forward with the institutional interest growing exponentially since the beginning of 2022 as the SEC filings that mention "Bitcoin" accelerated heavily and other old economy investors such as Warren Buffet investing into Bitcoin-friendly startups there are still increasing regulatory and restrictionary pressures that burden Bitcoin such as governments freezing Bitcoin wallets. In such environment it is necessary to distinguish between the short and long term perspectives. As I already mentioned in posts and on my YouTube channel Bitcoin has still solid fundaments for a bullish destiny on the more long term perspectives however from a short term and trading perspectives it is necessary to zoom in and see where Bitcoin is heading to have a proper trading lineup in the market, in this case I detected the central factors and upcoming determinations that are pivotal now. As when looking at my chart we can watch there how Bitcoin since bouncing off the $42,000 area Bitcoin moved on into this highly crucial descending resistance line which is marked in red in my chart, besides that Bitcoin has formed this main ascending channel and in this channel tested the $46,600 area from where it now several times pulled back and confirmed this area as a respected resistance. In this case now there is a increased likelihood that Bitcoin completes the ascending channel as a bear flag below the lower boundary as it is seen in my chart from there on a continuation to the $42,055 level is indicated, it is also possible that Bitcoin firstly bounces and makes a new structure high above the $44,750 level before moving into this initial bear flag target zone. Once the initial target zone has been reached it will be highly determining on if Bitcoin holds this level substantially or just sets up for a bearish continuation, in this case, when Bitcoin moves below the $42,200 area this will lead to the wave C extension and Bitcoin reaching out the final bear flag target zone. In any case it is necessary that we keep prepared on upcoming volatilities and shifting dynamics to do not overspeculate the market in this critical phase, it will be an important dynamic ahead. In this manner, thank you for watching the analysis, all the best! "The high destiny of the market is to explicate, rather than to speculate." Information provided is only educational and should not be used to take action in the markets.
BYBIT:BTCUSD.P
by VincePrince
12
SHIBA INU, MASSIVE Inverse H-S-Formation, POTENTIALS!Hello, Welcome to this analysis about Shiba Inu and the 12-hour timeframe perspectives. Since the volatility in the Cryptocurrency Space in recent times moved on to increase certain cryptocurrencies have formed important developments in technical price action. In this circumstance, it is necessary to look at the diverging cryptocurrencies as the setups highly differ, in this case, there are coins showing more bullish potentials while there are others with more neutral or bearish potentials. Therefore, with Shiba Inu I detected a major Cryptocurrency that currently forms a massive formation that can show up with huge potentials when the appropriate price actions are set in. Therefore as when looking at my chart, we can watch there that Shiba Inu has begun to emerge with this inverse head shoulder formation with the left shoulder and the head already completed, especially in the development of the head Shiba Inu has shown up with highly increased volatilities. Now Shiba Inu moved on to breakout above the 35-EMA which is now a pivotal support and above these supports Shiba Inu is developing this descending channel formation with the main support as marked in my chart and the coherent wave count pointing to this support with the completion of wave C. In this case it is highly necessary that Shiba Inu appropriately holds the support seen in my chart and do not falls below it because this will invalidate the formation. If Shiba Inu manages to bounce rightly in the support this will be the source of the completion of the descending channel and from there on if Shiba Inu manages to hold on this pace the next completion will be a breakout above the neckline which will finalize the whole inverse head-shoulder-formation and activate main upper target zones as shown in my chart. For now it will be important how Shiba Inu manages to complete this formation and how it moves on from there, it will be an interesting destiny ahead. In this manner, thank you for watching the analysis, all the best! "There are many roads to prosperity, but one must be taken." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
7
BITCOIN, HEAD-SHOULDER, Set-Up For BEARISH CONCLUSIONS!Hello, Welcome to this crucial analysis about Bitcoin on the 4-hour timeframe perspectives and the current situation. Currently, there are people in the cryptocurrency space that became already completely bullish and are calling for the next all time high to emerge by next week which is actually a highly speculative approach at the moment. In this endeavor, we should not keep from the desk that Bitcoin since November of last year showed up with heavy bearish conclusions and continuations and that it is yet not confirmed if Bitcoin is in a validated uptrend again or further declines are likely to follow from a technical as well as a fundamental perspective as Bitcoin becomes many top-down regulatory pressures from authorities to ban and restrict Bitcoin. This is why it is highly pivotal to look at the actual facts and form an individual opinion about what is going on, therefore it is a relevant approach to look at the technicals which I am doing in this analysis, looking at the current formational structures and what to expect in the next times. In this case now, when looking at my chart we can watch there how Bitcoin recently finalized and completed this major decisive head shoulder formation with the breakout below the neckline and the breakout below the 40-EMA, these two levels are now strong resistances for Bitcoin. With the breakout below the levels, Bitcoin now confirmed the high likelihood continuation and activated the lower target zone as seen in my chart between the $38,600 and $39,200 level. Now below the neckline and below the EMA Bitcoin is forming this confirmational formation as marked in my chart and with a breakout below the lower boundary, this formation will be completed with Bitcoin setting up to the further conclusions. Once the target zones have been reached it will be highly crucial if Bitcoin manages to reverse in this structure and form a substantial stabilization or a setup for a Wave-C-Continuation follows as it is seen in my chart. These are the two scenarios we need to watch out for when Bitcoin appoints the target-zone, in any case, for now, we should not underestimate the bearish scenario that Bitcoin currently points out to and be prepared for these upcoming volatilities. In this manner, thank you for watching the analysis, all the best! "The high destiny of the market is to explicate, rather than to speculate." Information provided is only educational and should not be used to take action in the markets.
BYBIT:BTCUSD.P
by VincePrince
80