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Vinceprince

USDCHF, Structural Triangle-Formation, Upcoming Perspectives!Hello, Welcome to this analysis about USDCHF, we are looking at the 12-hour timeframe perspectives. As I discovered recently in my analysis USDCHF is establishing an important structure that is likely to be a decisive driving factor in upcoming determinations especially when considering an increasing volatility dynamic. Therefore, as when looking at my chart now we can watch there how USDCHF has formed this main descending-channel-formation with the boundaries marked in dashed grey trendlines. Within this formation, USDCHF has the main triangle-formation which is building the wave B in the whole structure and within this triangle-formation USDCHF has the coherent wave-count from A to C almost already completed, this means that there is an increased likelihood given that USDCHF increases bearish pressure in the upcoming times, when this happens and USDCHF finally breaks out below the lower boundary of the formation this will be the origin for further continuations to the downside and USDCHF will activate the lower dynamic target-zone marked in my chart in blue where the wave-count will be finalized once USDCHF reaches out there. When this happens the whole dynamic needs to be elevated anew and USDCHF needs to show if it manages to stabilize in this structure or just sets up for a further bearish continuation to the downside and potential wave-extension, it will be an important journey ahead. In this manner, thank you for watching my analysis about USDCHF and the main triangle-formation-structure with the descending-channel-formation and its determining wave-count, support the analysis with a like and follow or comment for more market insight! "Astonishment is the basis of reverence" Information provided is only educational and should not be used to take action in the market.
by VincePrince
18
Cardano, Key Ascending-Wedge, Reversal Incoming!Hello, Welcome to this analysis about Cardano, we are looking at the 4-hour timeframe perspectives. Cardano in recent times heavily increased with bullishness however it now moved into an overbought condition that should not be kept by side and in this case, I discovered the main formation Cardano is developing here that will be a decisive factor in the upcoming times. As when looking at my chart now we can watch there how Cardano has emerged with this key ascending-wedge-formation marked in my chart with the blue boundaries, within this formation Cardano has the coherent wave-count and the waves A to C almost already completed. Currently, Cardano is testing the 2.95 USD region which is an important resistance and also psychological resistance-mark together with the upper-boundary of the ascending-channel-formation a pullback from here is highly likely especially as the wave-count also already completed. When this happens and Cardano increases with the bearish pullbacks below the lower boundary of the whole formation this will be the origin for further bearish continuations to the downside and Cardano will activate the ascending-wedge-target-zone marked in my chart in blue within the 2.24 level. Once this target-zone has been reached this will be crucial because it will show if Cardano manages to bounce from there or just sets up for further continuations to the downside, it will be an important and interesting development ahead. In this manner, thank you for watching my analysis about CARDANO and the main ascending-wedge-formation with the upcoming perspectives to consider, support the analysis with a like and follow or comment for more market insight! "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 market.
COINBASE:ADAUSD
by VincePrince
53
BITCOIN, Major Bull-Flag-Formation, How It Completes!Hello, Welcome to this analysis about Bitcoin, we are looking at the 4-day timeframe perspectives. Bitcoin in recent times has developed an important structure on the more middle-to-long-term perspectives as on this basis Bitcoin is still in a condition in which it is searching for a trend however as for now I discovered that this trend has a higher likelihood to be a bullish trend. Especially when considering the main accumulation-phase which Bitcoin almost completed and the growing institutional interest that builds an underlying fundamental base and driving factor of upcoming demand increases. In this case, now I discovered a massive formational structure Bitcoin is forming on this middle-to-long-term perspective and therefore I detected all the pivotal structural formations, elemental factors, and upcoming determinations we should consider in Bitcoins developed movements and upcoming establishments. Structural Developments: As when looking at my chart we can watch there how Bitcoin on the 4-day timeframe perspective is in a structure in which it still has this main ascending-trend-line marked in blue in my chart in which Bitcoin already bounced several times in the past, with the recent bounce also off the 100-MA marked in my chart in blue. Since this last bounce occurred Bitcoin heavily increased with bullishness to the upside and testing further levels of resistance within the structure. Now on the broader perspective Bitcoin is forming this main dynamic bull-flag-formation marked in orange in my chart. As Bitcoin already showed increased bullish dynamics within this formation there is a real possibility that this formation will be completed sooner or later, therefore it is highly necessary that Bitcoin rightly builds up with bullishness in the structure to properly complete this whole formation. Upcoming Determinations: Taking all these factors into the consideration now Bitcoin is in a structure in which it has formed this great formation. Now it is important that the bullishness rightly builds up, therefore we should consider pullbacks into the remaining support-zones as it is marked in my chart with Bitcoin approaching the 65-EMA marked in red and the structure support-cluster Bitcoin has built up there consisting of the ascending-trend-line in blue, the 65-EMA and also the 100-MA in blue. Once Bitcoin is pulled back into these zones it will be significant that Bitcoin rightly confirms them as support and does not increase with bearish pressure to move below this cluster because this will invalidate the formation and the bullishness incoming. Once this happened and Bitcoin managed to bounce within this zone to continue bullishly a completion of the whole formation and activation of targets will happen with Bitcoin bouncing above the upper-boundary. In this manner, thank you for watching my analysis about BITCOIN and the major Bull-Flag-Formation with the meaningful considerations on how the formation completes, support the analysis with a like and follow or comment for more market insight! "Good luck is when opportunity meets preparation." Information provided is only educational and should not be used to take action in the market.
BITSTAMP:BTCUSD
by VincePrince
36
ETHEREUM, Dedicated DOUBLE-TOP, Important Zones!Hello, Welcome to this analysis about Ethereum, we are looking at the 4-hour timeframe perspectives. As already mentioned in previous analysis Ethereum is likely to form a bearish reversal in the structure and has already begun to form the head-shoulder-formation with the left shoulder and head completed and now the protraction of the right shoulder is taking place. Besides that, I discovered another determining formation now which will be a decisive factor in the upcoming times. This formation is a double-top-formation and as seen in my chart the left first top already completed to pullback from the upper resistance at 3300 moving on to determine the neckline at 2960 marked in red in my chart from where a bounce occurred which is contributing now the right second top in the structure to pull back again from the resistance. When Ethereum now continues with bearish pressure which is likely as there is a strong resistance in which the bearishness will likely originate further to the downside this will complete the whole formation when Ethereum moves below the neckline as it is marked in my chart, such a breakout will complete the whole formation and will activate the lower target-zone with continuations into there. Once this zone has been reached it has to be elevated if Ethereum manages to hold this zone or just sets up for a bearish continuation to the downside, for now, it will be necessary to properly prepare for the further bearish continuations and completion of the formation to do not get overwhelmed by circumstances when it takes place, it will be an interesting and important development ahead. In this manner, thank you for watching my analysis about ETHEREUM and the major double-top-formation with the important levels ahead, support the analysis with a like and follow or comment for more market insight! "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 market.
BYBIT:ETHUSD.P
by VincePrince
33
BITCOIN, Way To A Dedicated BREAKOUT, Upcoming Possibilities!Hello, Welcome to this analysis about Bitcoin, we are looking at the 2-day timeframe perspectives. Bitcoin in recent times has shown up with important determining price-actions moving directly into the remaining resistances and testing them. Besides that the Wyckoff-accumulation I mentioned in the previous analysis is nearly completed and with these dynamics, Bitcoin has the ability to approach the demand dynamics in the structure and back-up for an appropriate bullish markup with continuations. In this case, now I discovered pivotal zones and structural developments that will be decisive in Bitcoins upcoming movements, therefore it is necessary to keep patient and await the proper validations before moving into the right directions and preparing for the right entry into the market with the proper line-up, therefore I detected all the significant levels, structural formations and upcoming movements we should consider with Bitcoin. Structural Developments: As when looking at my chart we can watch there decisive factors contributing to the current situation. On the broad scale, there is this massive descending-channel-formation marked with the boundaries in black in my chart, besides that there is the ascending-channel-formation marked in blue which was the origin of this heavy bullish volatility to the upside with Bitcoin also bouncing simultaneously within the lower boundary. Now as Bitcoin advanced from its established accumulation phase it moved directly into the main resistance-cluster marked in red in my chart which is a central intersection where several factors coming together such as the horizontal resistance and both upper channel resistances coming together and forming this resistance-cluster from where a pullback is highly likely. This pullback when established will be the contribution to wave C in the major wave-count marked in my chart. Upcoming Determinations: Taking all these factors into the consideration now out of the current perspective Bitcoin is likely to show up with the suggested pullback and when this happens there is firstly a high likelihood given that Bitcoin moves on to test the lower levels of support which are still solidly given in the structure. The first is the 35-EMA marked in light blue in my chart, this is an important EMA that also held bullishness to the upside before and it is possible that when Bitcoin approaches this EMA that there comes a bounce to the upside, otherwise when this not happens the next support will be the lower boundary from where a bounce has a very high possibility. Overall Bitcoin will have a high ability to stabilize in this whole structure as marked in my chart to build upon it and finally emerge with the final breakout that happens above the upper-boundary of the channels and which finally confirms with the breakout above the ascending-channel-formation as shown in my chart, this breakout has a 75% possibility to happen and should be expected. In this manner, thank you for watching my analysis about BITCOIN and the established channel-structure with the upcoming determinations to consider, support the analysis with a like and follow or comment for more market insight! "Ascertainment is the central issue in economic prosperity." Information provided is only educational and should not be used to take action in the market.
BYBIT:BTCUSD.P
by VincePrince
37
ETHEREUM, Determining H-S-Formation, Important Zones!Hello, Welcome to this analysis about Ethereum, we are looking at the 4-hour timeframe perspectives. Ethereum has shown up with important determinations in recent times as I discovered it is forming a decisive reversal-formation that should not be kept by side here, taking this into consideration a bearish continuation can accelerate when the formation completes. Besides the initial local head-shoulder-formation that already completed Ethereum also moved into the bearish continuation-zone in this dynamic, if you did not see this analysis already I recommend watching it also. Therefore I discovered all the important levels and upcoming determinations we need to consider with Ethereum in its established structure and upcoming determinations. Structural Developments: As when looking at my chart we can watch there how Ethereum is now developing this major head-shoulder-formation in the structure with the left shoulder and the head already completed. Now as Ethereum already moved below the 65-EMA in red this was the first sign for increasing bearishness and as Ethereum is now also below the 100-EMA this just increases the bearish possibility. In the next times, the right shoulder is likely to form in the structure and in this case, Ethereum will approach the 65-EMA in red and bounce from there bearishly by the local resistance, the full formation will be completed when Ethereum closes below the neckline of the formation. Upcoming Determinations: Taking all these factors into the consideration now Ethereum is in a structure in which it will complete the whole formation likely by the near future. When this happened and Ethereum closes below the neckline it will activate the downside target-zone marked in my chart in blue at the 2660 level and also the continuation to the downside will be activated. Once Ethereum has reached this target-zone which is also a potential stabilization zone it has to be elevated if Ethereum manages to bounce in this zone or just sets up for a further continuation to the downside. For now, we should keep prepared for the incoming completion of the whole formation. In this manner, thank you for watching my analysis about BITCOIN and the main broadening-wedge-formation with the upcoming determinations to consider, support the analysis with a like and follow or comment for more market insight! "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 market.
BYBIT:ETHUSD.P
by VincePrince
16
BTC, Finalized BROADENING-WEDGE, Continuation-Determinations!Hello, Welcome to this analysis about Bitcoin, we are looking at the 4-hour timeframe perspectives. As mentioned in the previous analysis already Bitcoin was likely to form a main initial reversal on the local perspective as there is strong resistance and Bitcoin already moved on to pullback as well as develop the formation in the structure. For people and traders who want to gain a hold in the market, it is necessary to realize that the market is not always complete bullish or completely bearish, there are always several ways on where the market can go and what price-action-developments can finally emerge, therefore it is highly important to do not look into a single direction rather we should keep the different directions in mind and integrate them into a full-depth-approach to finally look on the different layers and possibilities of establishments within the price-action. Structural Developments: As when looking at my chart we can watch there how Bitcoin has formed this main broadening-wedge-formation marked with the boundaries in blue, within this formation Bitcoin has completed the coherent wave-count reaching from A to E, and with the final second pullback from the 48400 USD mark has predetermined this whole formation to complete which finally happened with the breakout below the lower boundary of the formation, this breakout has activated lower targets and continuations to the downside. As for now, Bitcoin continued to test the 100-MA marked in grey in my chart which is pivotal reference support as it has held the bullishness to the upside before. Now Bitcoin is about to consolidate above this moving average and it can be the appropriate setup for the further continuations to the downside when Bitcoin moves finally below it. Upcoming Determinations: Taking all these factors into consideration now it is likely that we will see a continuation in Bitcoins bearish developments as the main broadening-wedge-formation has completed. The first activated target-zone, in this case, is the main-structure-support marked in my chart in blue, when Bitcoin has reached it it has to be elevated if it manages to markup from there substantially or just sets up to form a further continuation to the downside. When Bitcoin manages to stabilize and markup to finally breakout above the descending-trend-line this can be the origin of the bullish reversal confirmation and continuation to the upside otherwise the next support will be below at the 40545 level. For now we should not keep the bearish perspectives out of sight and Bitcoin needs to show how it approaches the main targets with the given suggested developments. In this manner, thank you for watching my analysis about BITCOIN and the main broadening-wedge-formation with the upcoming determinations to consider, support the analysis with a like and follow or comment for more market insight! "The most substantial way to forecast the future is to try to understand the present." Information provided is only educational and should not be used to take action in the market.
BINANCE:BTCUSD
by VincePrince
44
BITCOIN, The Historical HASH-RIBBON-SIGNAL Flashed Blue!Hello, Welcome to this update-analysis about Bitcoin, the weekly timeframe perspectives, and its main hash-ribbons conditions that have now changed in the recent times since I uploaded the first analysis. In the last time's important developments have occurred within the market as miners that got restricted because of the China mining ban have settled into new supportive places and began mining again this led to an increase in the hash rate and finally the 14th historical hash-ribbons-signal has emerged, therefore I discovered all the important levels and upcoming determinations we need to consider with Bitcoins established structure, formation specialities and upcoming determinations we need to consider now. Structural Developments: Since the previous analysis Bitcoin moved on with its decreasing bearish momentum in the structure with a simultaneous increase of the hash rate this was the origin for the 10-Day EMA finally crossing above the 20-Day EMA and in this case the final hash-ribbons-signal emerged. Once this happened Bitcoin also bounce within the ascending-trend-line marked in dashed grey in my chart, this was also the same point and intersection together with the descending-trend-line in black. Once this happened Bitcoin showed up with this heavy bullish volatility increase to the upside and printed four exceptionally green candles to the upside adding a new green candle to the three white soldier formation developed. Hash-Ribbon Development-Phases: Example With The Stages-Examinations Out Of The 15 Historical Hash-Ribbon-Signals: Upcoming Determinations: Taking all these factors into the consideration now Bitcoin has emerged not only with the great hash-ribbons buy-signal but also with the other bullish indications that are building the fundament for a continuation in the upcoming times. In the past, the hash-ribbons buy-signal was always followed by heavy bullish increases to the upside and this is what should be also considered here. Besides that Bitcoin rightly managed to breakout above the 20-MA marked in my chart in blue which gives the additional bullish possibility increase. Therefore what should be expected now is Bitcoin moving on in the expansion phase B that is explained in my chart, it will be an interesting development ahead. In this manner, thank you for watching my analysis about BITCOIN and the main hash-ribbons-structure with the recent buy-signal emerged and upcoming determinations, support the analysis with a like and follow or comment for more market insight! "Astonishment is the basis of reverence" Information provided is only educational and should not be used to take action in the market.
BITSTAMP:BTCUSD
by VincePrince
66
GBPUSD, Inverse Head-Shoulder, How It Completes And Objections!Hello, Welcome to this analysis about GBPUSD, we are looking at the 4-hour timeframe perspectives. GBPUSD in recent times as I discovered has formed some interesting structure on which it can build up and show a determining breakout with target-projects. As when looking at my chart now we can watch there how GBPUSD is forming this main inverse head-and-shoulder-formation with the left shoulder and the head already completed and now with the right shoulder forming GBPUSD also bounced within the lower boundary of the main ascending-channel-formation also developing in this structure marked in my chart with the dashed trendlines. As GBPUSD managed to bounce within the dynamic support-zone that is lying within the lower boundary this is likely to be the appropriate origin for further determinations therefore it is necessary that GBPUSD increases with demand in the structure and continues to develop the breakout finally above the neckline of the inverse head-and-shoulder-formation, when this happens as it is marked in my chart this will be the appropriate origin for further continuations to the upside and GBPUSD will activate the target-zone within the 1.42 level marked in my chart in blue, once this zone has been reached the dynamics need to be elevated anew, it will be an interesting development ahead. In this manner, thank you for watching my analysis about GBPUSD and the major inverse head-shoulder-formation with the ascending-channel and the upcoming determinations to expect, support the analysis with a like and follow or comment for more market insight! "Astonishment is the basis of reverence" Information provided is only educational and should not be used to take action in the market.
by VincePrince
24
Ethereum, Builds Head-Shoulder-Formation, Upcoming Destinies!Hello, Welcome to this analysis about Ethereum and the 45-minute timeframe perspectives. Ethereum in recent times had a good run to the upside and it provided us with some great profits within the VIP. However, now it is beginning to slow down in momentum which is on many occasions a sign of an initial reversal in the structure. Also, Ethereum completed the coherent wave-count from A to E within this main ascending-channel-formation which is playing into the reversal-dynamic. Besides that, I discovered the main formation developing here which is a head-and-shoulder-formation with the left shoulder and the head already completed. In the next times there is a high likelihood given that Ethereum will not move above the local resistance marked in my chart in red, Ethereum will either reverse before this local-resistance or move into the local-resistance to pullback from there as it is marked in my chart, once this happened the main head-and-shoulder-formation has a greater possibility to finally complete which will happen when Ethereum moves below the neckline and closes there as it is marked in my chart, once this happened it will be the origin of further continuations to the downside and the initial target-zone will be the ascending considerable stabilization-support marked in my chart in blue, it will be crucial on how Ethereum reacts into this zone because when there comes a bounce this can lead to further stabilization above the level otherwise when this does not happen Ethereum will continue bearishly when moving below. For now, the completion of the head-shoulder-formation should be expected after that the dynamics need to show further conclusions. In this manner, thank you for watching my analysis about ETHEREUM with its major head-shoulder-formation and the upcoming destinies to expect, support the analysis with a like and follow or comment for more market insight! "The most reliable way to forecast the future is to try to understand the present." Information provided is only educational and should not be used to take action in the market.
COINBASE:ETHUSD
by VincePrince
19
BTC, Weekly Bounce Above 20-MA First Time Since Corona-Recovery!Hello, Welcome to this analysis about Bitcoin and the important weekly timeframe perspectives. As mentioned already in previous analysis Bitcoin was in the main accumulation structure from where it now finally showed up with bullish strength and moved along with increased bullish dynamics testing remaining zones. Now with these whole developments, Bitcoin formed considerable confirmations in the schedule consisting of different technical factors I discovered. For now, Bitcoin has maintained great bullish signs, and to continue with this dynamic the right price-actions incoming is pivotal, therefore we are looking at all the meaningful levels, structural formations, and upcoming determinations. Structural Developments: As when looking at my chart we can watch there how Bitcoin is trading globally within this major ascending-channel-formation marked in my chart with the black boundaries. This is the major channel in which the wave-count develops and with the recent bullish volatility Bitcoin rightly bounced within the lower boundary of this massive channel. Simultaneously with the bounce emerging Bitcoin completed the diamond-bottom-formation marked in my chart in orange and what is more important is that Bitcoin now recently for the first time since the corona-breakdown-recovery bounced above the 20-MA marked in my chart in blue, the last time Bitcoin bounced above this level it was the origin of high bullish volatility and the bullish expansion to the upside. Upcoming Determinations: Taking these developed factors into the consideration there are also other technical indicators important to look at here. Firstly it is the MACD which is now on the verge to provide a bullish-golden-crossover as it is marked in my chart. Secondly, it is the candlestick-formation Bitcoin has developed after the bounce from the lower boundary of the major ascending-channel-formation, this is a formation called three white soldiers and it builds the appropriate bullish origin to build on further. For Bitcoin, this means now that it is testing the remaining resistance marked in red, and when Bitcoin manages to stabilize here and finally breakout above this resistance a bullish continuation has a great likelihood to follow-up to test the last resistance. In this manner, thank you for watching my analysis about BITCOIN and the important weekly structure with the paramount confirmations settled and the upcoming determinations expected, support the analysis with a like and follow or comment for more market insight! "The market is based on destiny and the philosophy of estimation." Information provided is only educational and should not be used to take action in the market.
COINBASE:BTCUSD
by VincePrince
62
BITCOIN, About To Finalize Main Bearish-Reversal Double-Top!Hello, Welcome to this analysis about BITCOIN and the 45-minute timeframe perspectives. As already mentioned in previous analysis Bitcoin prepared for a local bearish reversal in the structure with firstly an initial head-shoulder-formation which protracted now and a next formation has been formed as I discovered, this can happen when the actual formational structure extends, in any case, the local bearish perspective is as for now omnipresent and therefore it is necessary to rightly amplify it before moving into the wrong direction or rushing into trades that do not satisfy. As when looking at my chart now we can watch there how Bitcoin severely failed to form new highs at the 46600 USD level and two times heavily pulled back. to mark below the 100-MA marked in my chart in green, this 100-MA was a very pivotal reference-factor holding the whole bullishness to the upside, the fact that this MA is now taken out by Bitcoins bearishness gives the structure a bearish edge. Furthermore, Bitcoin is now forming this main double-top-formation with the dynamic-neckline marked in my chart in blue, Bitcoin recently closed below this neckline and is now setting up for the high likelihood bearish continuation. The main double-top-target-zone is within the 43000 USD level marked in my chart in blue, once this level has been reached the situation needs to be elevated anew in terms of Bitcoin holding the level and stabilizing above or setting up for further continuations, it will be an important development ahead. In this manner, thank you for watching my analysis about BITCOIN and the main double-top-formation with the upcoming destinies important to consider, support the analysis with a like and follow or comment for more market insight! "Edification consists of the anticipation of ramifications." Information provided is only educational and should not be used to take action in the market.
by VincePrince
81
Ethereum, Ascending-Triangle In The Structure, Important Zones!Hello, Welcome to this analysis about Ethereum, we are looking at the 2-hour timeframe perspectives. Ethereum as already mentioned previously is likely to firstly form a reversal in the structure to test lower levels, in this case now I discovered the main formation Ethereum is forming here which will be the decisive factor in the upcoming times. Not seldom it is the case that in a formational structure a new formation is forming out of the previous one or adds to the previous one, this is also the case here with the formation I discovered Ethereum is developing, therefore I discovered all the important levels and upcoming determinations we need to consider with Ethereums established structure and upcoming movements. Structural Developments: As when looking at my chart we can watch there how Ethereum further bounced off the 35-EMA in red and the 20-EMA in green bullishly to the upside however this is slowing down and especially with the formation that Ethereum is forming it is fundamentally indicating a reversal and increased pullbacks to emerge in the near future. The main formation Ethereum is establishing here is an ascending-triangle-formation with the coherent wave-count within the formation reaching from A to E almost already completed. What has to be marked also is that the upper boundary serves as a substantial resistance and that a pullback from it coming up the next times is likely as Ethereum approaches the zone again. Upcoming Determinations: Taking all these factors into the consideration now Ethereum is in a structure where the upcoming pullbacks should not be underestimated. As Ethereum approaches the upper boundary now the initial pullback coming up will be crucial because when Ethereum increases bearish pressure after pulling back a bounce below the lower boundary will complete the whole formation and will be the origin for further bearish continuations to the downside as it is marked in my chart. It is sometimes seen that such a formation invalidates bullishly to the upside however this is not the most likely scenario here, therefore when Ethereum completes the formation the main target-zones are within the 2820 level from where the situation needs to be elevated anew. In this manner, thank you for watching my update-analysis about ETHEREUM and the decisive ascending-triangle-formation currently forming with the upcoming destinies important, support the analysis with a like and follow or comment for more market insight! Information provided is only educational and should not be used to take action in the market.
BYBIT:ETHUSD.P
by VincePrince
16
Bitcoin Is Now Completing The Major H-S-Formation Bullishly!Hello, Welcome to this analysis about Bitcoin, we are looking at the daily timeframe perspectives. As mentioned in the origin-analysis the bullish confirmation of the main head-and-shoulder-formation had a higher likelihood, this is what now happened and after testing the neckline anew Bitcoin substantially bounced off it and managed to form the breakout above the descending-trend-line. If you did not see this analysis already I highly recommend it to watch to have a full-depth-overview as this analysis now is building a coherent follow-up. In this case, I made some levels thicker and highlighted the important zones to have a better view of the dynamics. In this manner, I discovered all the important levels and upcoming determinations. Structural Developments: As when looking at my chart now we can watch there how Bitcoin finally made the breakout above the main descending-trend-line I mentioned in the previous analysis is an important reference-factor for the head-and-shoulder-formation to complete bullishly. Now besides this emerged appropriate breakout Bitcoin also formed a golden-cross with the 20-EMA marked in green crossing above the 65-EMA in red. Also, the fact that Bitcoin rightly bounced above the 41200 USD resistance-level marked in blue increases the bullish strength in these zones. All together Bitcoin has formed several important confirmations on which it has now the ability to build upon and continue with further conclusions. Upcoming Perspectives: Taking all these factors into the consideration now Bitcoin has technically completed this whole head-and-shoulder-formation to the upside now. The more likely possibility for a bullish breakout of 75% is rightly validated. Now Bitcoin is in a condition in which a pullback to the previous resistance which is now support has a high possibility as it is marked in my chart. Bitcoin will then move into great supports together with the EMAs and after that approach the main CME-Gap-Level to be filled once this has done and Bitcoin continues to rightly stabilize in the structure this will lead to the further increase of demand and a final close above the Gap-Fill-Level with the bullish-development-continuation-zone marked in green in my chart, it will be an interesting journey. In this manner, thank you for watching my update-analysis about BITCOIN and the major head-and-shoulder-formation confirmation settled now with the further important determinations ahead of the next times, support the analysis with a like and follow or comment for more market insight! Information provided is only educational and should not be used to take action in the market.
BYBIT:BTCUSD.P
by VincePrince
23
XRPUSD, Ascending-Wedge-Formation, Important Considerations!Hello, Welcome to this analysis about XRPUSD, we are looking at the 45-minute timeframe perspectives. XRPUSD is in a condition in which it can complete decisive determinations especially with the formation I discovered. As when looking at my chart now we can watch there the main formation forming here, this is an ascending-triangle-formation marked with the blue boundaries in the structure, within this formation XRPUSD has the coherent wave-count from A to C already completed. Now as XRPUSD got rejected by the upper boundary in an increased bearish manner this can be the fuel for the final completion of the formation. When XRPUSD increases further with bearish pressure here and finally closes below the lower boundary the whole formation will be completed and XRPUSD will likely continue bearishly to the downside till the lower levels will be appointed. In this case, XRPUSD has the target-zone within the blue level marked at the 0.715 price zone. Once these levels have been reached the situation needs to be elevated anew and it has to be shown if XRPUSD manages to hold this zone or continues further bearishly to the downside, it will be an important development ahead. In this manner, thank you for watching my update-analysis about XRPUSD and its ascending-wedge-formation with the important levels to consider in the next times, support the analysis with a like and follow or comment for more market insight! Information provided is only educational and should not be used to take action in the market.
BYBIT:XRPUSD.P
by VincePrince
26
Ethereum, Double-Top-Formation, These Are Decisive Factors!Hello, Welcome to this analysis about Ethereum, we are looking at the 45-minute timeframe perspectives. Ethereum in recent times as I discovered shows up with signs that are indicating the first reversal in the structure, besides that I also discovered an important formation forming that will be a determining factor. As when looking at my chart now we can watch there how Ethereum now two times pulled back bearishly from the 3164 level marked in orange in my chart. These two pullbacks are referring to the main double-top-formation with the first and second top marked in my chart. Also Ethereum has this ascending-trend-line in this structure which is corresponding with the 140-EMA in red and the 100-EMA in green, these levels are meaningful reference-levels now still holding the bullish trend to the upside however when they are broken to the downside and Ethereum marks below these levels it will indicate further bearish continuation to the downside firstly into the neckline level marked in blue. When the neckline does not hold and Ethereum closes below it this will complete and confirm the whole double-top-formation and Ethereum will continue bearishly till the initial target-zone at 2645 has been reached. It will be important on how Ethereum approaches this zone because when there comes a sustainable bounce this can indicate a stabilization however when this does not happen Ethereum will continue bearishly in the bearish-continuation-zone marked in red. For now, we should not keep the bearish perspective out of sight to be prepared on upcoming volatilities, it will be an important and interesting development ahead. In this manner, thank you for watching my update-analysis about ETHEREUM and the major double-top-formation with the high likelihood of bearish alignments in the next times, support the analysis with a like and follow or comment for more market insight! Information provided is only educational and should not be used to take action in the market.
BYBIT:ETHUSD.P
by VincePrince
11
BTC, Local H-S-Formation, Initial Reversal-Continuation Likely!Hello, Welcome to this analysis about Bitcoin, we are looking at the 45-minute timeframe perspectives. Bitcoin in recent times has shown up with some important price-actions in the schedule that should not be underestimated. As already mentioned in my previous analysis Bitcoin on the global perspective is forming this main ascending-wedge-formation with the developments ongoing. On the more local timeframe perspective now Bitcoin established this decisive head-and-shoulder-formation marked with the neckline in blue, this head-and-shoulder-formation was recently completed with the breakout below the neckline and activated the further continuations to the downside. Besides the head-and-shoulder-formation Bitcoin is also in a crucial condition with the EMAs as it is staying just above the 100-EMA in red and the 65-EMA in green. These two EMAs holding the bullishness to the upside and are therefore important reference-points for the bullish conditions, this means when Bitcoin moves below them and closes finally below the 100-EMA this will indicate further bearish continuations as the EMAs are in this case then resistance. The overall target-zone that should be considered then is within the 42350 level marked in my chart in blue. Once Bitcoin has reached these zones it has to be elevated if Bitcoin manages to bounce and stabilize above this level or it is just setting up for further bearish continuations to the downside. For now, we should be prepared for the bearish volatilities to emerge and continue firstly after that the situation needs to be assessed again. In this manner, thank you for watching my update-analysis about BITCOIN and the main head-and-shoulder-formation with the importance of BITCOINs bearish edge developing, support the analysis with a like and follow or comment for more market insight! Information provided is only educational and should not be used to take action in the market.
BYBIT:BTCUSD.P
by VincePrince
11
GOLD, Completes DOUBLE-TOP As Expected, Further Considerations!Hello, Welcome to this update-analysis about GOLD, we are looking at the 4-hour timeframe perspectives. Since the origin-analysis GOLD has completed the major double-top-formation rightly in the schedule as expected and the volume and spread with which the bearishness showed up were exponentially high so the bearish trend accelerated even more once GOLD finalized the double-top-formation with the breakout below the neckline. If you did not see the analysis already I highly recommend it to watch to have a full-depth-overview as this analysis is building coherently upon it. Therefore I detected the further important levels and upcoming determinations we need to consider with this completed double-top-dynamic. Structural Developments: As looking at my chart now we can watch there how GOLD completed the whole double-top-formation and after that showing up with the strong bearish volatility to the downside reaching the target-zone and even after that shooting more below which is not unlikely in such bearish dynamic constellations. After these dynamics happened GOLD now found initial support within the descending-trend-line marked in my chart in black where GOLD already bounced several times and now also found the support initially nevertheless there are still strong resistances within the structure. Currently, GOLD is finding some support above the 1700 level and is building up to test upper resistance-levels. Upcoming Determinations: GOLD is now still not in a situation in which it has fully stabilized and is ready for a bullish reversal and additional markup as the bearish developments were just too strong. Furthermore GOLD has major resistance in the structure within the 1760, it is likely that there comes a bounce moving into this region from where GOLD will reverse and pullback again completing the whole formation and setting up for the next bearish wave to the downside which has a high possibility to come up with. When this has emerged GOLD will test the descending-trend-line anew and when this trendline does not hold a bearish continuation will settle further in the bearish-continuation-zone. For now, the bearish perspectives should not be kept by side in any case. In this manner, thank you for watching my update-analysis about GOLD and the main double-top-dynamic-structure it developed with the important zones to consider, support the analysis with a like and follow or comment for more market insight! Information provided is only educational and should not be used to take action in the market.
OANDA:XAUUSD
by VincePrince
11
BITCOIN, Develops Decisive Ascending-Wedge, Determining Zones!Hello, Welcome to this analysis about Bitcoin, we are looking at the 4-hour timeframe perspectives. Bitcoin in the last times managed to increase bullishness greatly in the schedule and form new higher highs in the local structure which is a good environment for upcoming further developments however there are still strong resistances in the structure that should not be underestimated and according to the current situation I discovered indicative signs that can potentially lead to an initial reversal in the structure nevertheless this does not mean Bitcoin is not bullish anymore as there are solid supports in the range on which Bitcoin has the ability to stabilize and build upon, therefore I detected the important levels and upcoming determinations. Structural Developments: As when looking at my chart now we can watch there how Bitcoin advanced further in the structure and now made the second meaningful consecutive higher high in the structure. Besides that Bitcoin is building this major ascending-wedge-formation now marked in my chart with the blue boundaries. In this formation, Bitcoin has the coherent wave-count with the waves A to C already completed, and as Bitcoin now approaches the upper boundary which is a significant resistance where also horizontal resistance is within this level it is likely that this will be the source of a pullback in the structure that will be the D wave to approach the lower boundary from where the wave E can emerge to complete the wave-count and formation ahead of next times. Upcoming Determinations: Taking all these factors into consideration Bitcoin developed a structure where a more or less bigger pullback coming up the next time has an increased possibility, this does not mean Bitcoin will be completely bearish once the main ascending-wedge-formation is completed nevertheless it is necessary to properly prepare on these volatilities. The whole wedge-formation will finally complete once Bitcoin finalized the wave-count and shows up with a supply-increase after that pulling back below the lower boundary and closing there as it is marked in my chart, such a price-action will be the completion of the whole formation and activation of continuation as well as the target marked in blue from where the dynamic need to be elevated anew. In this manner, thank you for watching my update-analysis about BITCOIN and its major ascending-wedge-formation with the determining factors we need to consider in upcoming times, support the analysis with a like and follow or comment for more market insight! Information provided is only educational and should not be used to take action in the market.
BYBIT:BTCUSD.P
by VincePrince
21
BTC, MAJOR Triple-Bottom COMPLETE, CME-GAP At 49250 To APPOINT!Hello Community, Welcome to this update-analysis about BITCOIN, we are looking at the 2-day timeframe perspectives. In recent days Bitcoin has emerged with several very important price-actions which are matching also with my previous technical analysis and forecasts about Bitcoins determinations, this means the expectations of Bitcoins bullish developments finally come true now. This shows one more time that technical analysis is an empirical science when applied right expect of what academics stating so often that it is all just random walk and that technical analysis does not function, there is a lot of highly qualified evidence that this thought should be revised. In all these cases it is of utmost importance and the necessity to do not mix technical analysis with an emotionally loaded market approach and a mindset of one-sighted wishful thinking that expect the given technical factors the market is going into the particular direction, for a sophisticated trader such determinations should be bypassed and instead of an emotion-based approach the rules of technical analysis should be applied in an open-minded manner, this is what we also see in Bitcoin manifesting to reality now. If you did not see the origin-analysis of which this is the continuation I highly recommend it to watch to have a full-depth-overview. Therefore I detected the changed dynamics, important structural formations, and what we should expect now. When looking at my chart and comparing it to the origin-analysis we can watch there that since the first analysis about Bitcoins triple-bottom Bitcoin managed to increase heavily with bullish volatility within the bullish-increased-volatility-range as mentioned. What also formed simultaneously with this bounce to the upside is an MA-golden-cross with the 10-MA marked in black crossing above the 20-MA marked in blue, this development already showed up in reversed form as a death-cross before Bitcoin increased with the heavy bearish declines to the downside which is also marked in my chart. Now after these volatilities have shown up Bitcoin shooted above the main triple-bottom neckline shown in my chart in blue, after this shooting above Bitcoin pulled back to validated the final triple-bottom-confirmation with this dynamic triple-bottom-confirmation-box marked in my chart in green, such confirmation is also common besides a complete horizontal confirmation and as Bitcoin within this confirmation-box also bounced off the 10-MA this was the final legit confirmation of the whole massive triple-bottom-formation with the additional strong bounce increasing bullishness above the triple-bottom-neckline again. What is also good and speaking for the bullish case and an ongoing stabilization above the neckline as well as confirmation is the low volume by price in this range. All these technical factors giving the edge now for Bitcoin fully completing the whole triple-bottom-formation with the further determinations ready to emerge. Bitcoin, as it is now fully completed and confirmed the major massive triple-bottom-formation will continue with the further developments in the upcoming schedule. In this case, it is possible that there comes a second pullback to the neckline from where a further bounce has a high likelihood to establish. Overall as Bitcoin now is above very meaningful strong supports we can expect these to hold and a bullish stabilization above these zones from where Bitcoin can build up and continue further is very likely. With Bitcoin above these important support levels giving fuel for further continuations the CME-Gap-Level I also already mentioned in the previous analysis will be approached and the time-gap at 49250 marked in my chart has a high possibility to be filled, after that the fully confirmed triple-bottom-target-zone is within the technical triple-bottom-target-zone marked in green in my chart, this level is the technically the final triple-bottom-target which does not mean when it is reached that Bitcoin will have the ability to form a stabilization in this zone and continue further bullishly with the proper formation. Well, these facts and conditions Bitcoin has now shown have exemplified how swiftly and decisively the market can convert into a great setup structure with fundamental validations that are able to provide the right opportunities. Good setups are always given regardless of which conditions the market remains, what is the underlying essential requirement is that one does not mix up individual emotions of a direction into the market to keep advancing also when the market moves not in the right direction and do it better by time. For Bitcoin, it will be an interesting development ahead with the suggested conditions. In this manner, thank you for watching my Update-Analysis about BITCOIN and its confirmed tripple-bottom-conditions with what should be expected in the upcoming times, support the analysis with a like and follow or comment for more market insight! "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 market.
BYBIT:BTCUSD.P
by VincePrince
46
NZDEUR, Bull-Flag-Formation, Considerable Breakout Perspectives!Hello, Welcome to this analysis about NZDEUR and the 4-hour timeframe perspectives. As I discovered NZDEUR is developing some interesting structures from where it has the ability to build up and emerge with a breakout to add with increased volatility. As when looking at my chart now we can watch there how NZDEUR recently managed to bounce above the 10-EMA in red and above the dynamic horizontal-support-line, whereas the dynamic horizontal-support-line is more important here as it is major support because NZDEUR in the previous price-action had this line both as support and resistance, therefore, it is now serving as a strong resistance now. What is crucial in this case is that NZDEUR also forms a deliberate bull-flag-formation above these zones marked in my chart in black with the coherent wave-count within already completed and therefore NZDEUR is technically ready to set up and complete the formation with a breakout above the upper boundary, when this happens and NZDEUR closes above the upper boundary it will activate the upper target zone marked in my chart at the 0.606 level. As NZDEUR already increased with bullishness in the structure the breakout has a high likelihood to show up in the upcoming times. Once the target-zone has been reached the situation needs to be elevated anew and NZDEUR needs to show if it manages to continue bullishly or firstly reverses which will be not unlikely. In this manner, thank you for watching my update-analysis about NZDEUR and the main bull-flag-formation-structure with the incoming high-likelihood breakouts, support the analysis with a like and follow or comment for more market insight! "Trading effectively is about assessing possibilities, not certainties." Information provided is only educational and should not be used to take action in the market.
by VincePrince
13
ETHEREUM, Pivotal DOUBLE-BOTTOM About To Complete NEXT TIMES!Hello, Welcome to this analysis about Ethereum and the 12-hour timeframe perspectives. Ethereum in recent times increased astonishingly with bullish volatility and upside rising in the schedule, especially as the decisive London hardfork emerged this was a driving factor for Ethereums upside developments. It is necessary to distinguish Ethereum from other cryptocurrencies in the market as not every is building such formational structures with bullish alignments to build upon together with the fundamental driving factor of the hardfork, as the divergence between the currencies increases more and more these need to be assessed individually, so also with Ethereum. Therefore I discovered all the important levels and upcoming determinations. Structural Developments: As when looking at my chart we can watch there how Ethereum mainly increased with bullishness in its structure and moved on to test the crucial neckline which is also resistance. The underlying formation in this whole structure, that I already mentioned before is a double-bottom-formation with the two bottoms formed as marked in my chart. Now the last price-actions that need to show up for Ethereum sufficiently completing this whole formation is an appropriate stabilization in the structure with an ongoing breakout above the upper neckline marked in black. What is also good here is that Ethereum marked above the 45-EMA in red and above the 20-MA in blue, with these moving averages previously also forming a golden cross. Upcoming Determinations: Taking all these factors into the consideration now Ethereum is in a structure where it has the ability to complete this major double-bottom-formation in the next times when the right price-actions show up. In this case, a bounce off the main local support-range marked in my chart with the blue box matching together with the moving averages will be a great sign for a final breakout above the upper neckline. Once Ethereum bounced in the structure and is finally marked above the neckline the whole formation will be completed and Ethereum will activate the upside targets with an initial target at 3500 and when Ethereum further increases bullish signs once this level has been reached the next zone to be pointed is the all-time-high zone, it will be an interesting development ahead. In this manner, thank you for watching my update-analysis about ETHEREUM and its massive double-bottom-formation that has the ability to complete in the near future, support the analysis with a like and follow or comment for more market insight! "Good luck is when opportunity meets preparation." Information provided is only educational and should not be used to take action in the market.
BYBIT:ETHUSD.P
by VincePrince
20
BITCOIN, Paramount Channel-Breakout, Key Determinations Now!Hello, Welcome to this analysis about Bitcoin and the main 2-days timeframe perspectives. As Bitcoin recently showed up with heavy bullish volatility in the structure due to short-liquidations that have taken place in the accumulation-phase with smart money operators accumulating even before these heavy bullish volatilities increased Bitcoin now has formed other important developments and price-action-formation that are determining factors for the upcoming assessments. In this case, now I discovered the main underlying key formational structures, underlying decisive price-levels and upcoming perspectives we need to consider with Bitcoins established structure and upcoming movements ahead of the next times. Structural Developments: As when looking at my chart, what is pivotal to realize here is that Bitcoin recently formed a very meaningful price-action as it emerged with the breakout above the upper-boundary of this massive descending-channel-formation it has formed over the last times marked in my chart with the black boundaries. Bitcoin rightly shooted above the upper-boundary with this increased volatility and spread and is now forming this kind of confirmational formation above the boundary from where Bitcoin has the ability to build upon. Besides that it is a good sign that Bitcoin bounced above the 9-MA marked in my chart in blue and also before the breakout formed a golden cross with the 9-MA crossing above the 15-EMA. Upcoming Determinations: Taking all these central factors into the consideration now Bitcoin formed this great breakout with which it now has the ability to continue with further bullishness, what will be crucial then is the testing of the main local-resistance-zone marked in my chart in red in the 45950 level. It is more likely that when Bitcoin approaches this zone there firstly comes a pullback to lower levels again which does not necessarily mean Bitcoin will continue trending downward when this happens as there is still support within the structure consisting of the 9-MA and 15-EMA structure and also the support at 42000 which was previously resistance. Therefore Bitcoin has good potential to further stabilize above this zone and form a building-up above this zone like it is marked in my chart. Such a formation has a great likelihood to be the source of the further breakout to the upside, in this case, it is highly necessary that Bitcoin increases with bullish strength and demand to finally close above the main local-resistance in red. A final close above this level will indicate the further continuation to the upside as Bitcoin will be in the bullish-continuation zone marked in green in my chart. When these developments properly show up the major resistance at 58250 will be appointed. For now the final confirmations are significant before further conclusions suggested can be made. In this manner, thank you for watching my update-analysis about BITCOIN and the main descending-channel-breakout with the further assessments important now, support the analysis with a like and follow or comment for more market insight! "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 market.
BYBIT:BTCUSD.P
by VincePrince
5