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Vinceprince

BITCOIN, Forms Dedicated Bull-Pennant, Breakout Incoming!Hello, Welcome to this analysis about Bitcoin, we are looking at the 4-hour timeframe perspectives. Bitcoin in recent times has shown up with heavy increased bullish determinations to the upside as short-liquidations took place as well as a Sign-Of-Strength emerged planned by smart money operators to take advantage of the situation. Now as Bitcoin has shown up with these important developments it firstly pulled back in the structure moving to previous support-zones and testing them for occasional support to build upon and stabilize in the range. In this case, now I discovered a very interesting formation that has the ability to show up with greatly increased volatility determinations when the proper price-actions settle. Structural Developments: As when looking at my chart now we can watch there how Bitcoin just recently approached the main support-zone in the structure marked in my chart in blue, this is a zone where the major 38.2% Fibonacci-retracement is staying forming substantial support together with the 100-EMA in red. As Bitcoin already tested this support once and bounced to do this exactly anew, with the second bounce Bitcoin now has the ability to complete the key formation forming in this structure. This formation is a descending-bull-pennant marked in my chart with the black boundaries and the coherent wave-count within the formation with the pivotal waves A to C already completed and with the wave C approached and bounced in the structure support. Upcoming Determinations: Taking all these factors into the consideration now Bitcoin is in a situation in which it has developed this solid formation. This descending-bull-pennant-formation finally completes and confirmes with a bounce above the upper-boundary of the formation as it is marked in my chart and as Bitcoin already increased bullishness in the structure this breakout has an increased likelihood to emerge in the near future. Once the formation has completed with the suggested bounce above the boundary Bitcoin will activate the target-zone and the further continuations to the upside incoming, in this case, the activated target-zone is 46000 to 47000 and once this zone has been reached the situation needs to be elevated anew as the wave-count will be also completed. In this manner, thank you for watching my update-analysis about BITCOIN and the major descending-bull-pennant-formation likely to complete in the next times and upcoming determinations 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.
BYBIT:BTCUSD.P
by VincePrince
17
BTC, Key Descending-Channel-Breakout, Further Alignments!Hello, Welcome to this update-analysis about BITCOIN, in this analysis, I am going to look at the 2-hour timeframe perspectives and especially I am going to exemplify what changed since the former origin-analysis, what are the main determination-factors, the structural formations, and what we can expect now in the upcoming times. Since the origin-analysis Bitcoin has shown up with important confirmations in the structure validating the elements and expectations of the origin-analysis. If you did not see this analysis already I highly recommend it to watch to have a full-depth-overview. As Bitcoin is in an important and decisive structure now I am looking at the main meaningful zones and incoming determinations we should consider. Strucural Developments: As when looking at my chart we can watch there how Bitcoin managed to form the breakout above the upper-boundary of this significant descending-channel-formation that I have highlighted in orange in my chart and made the lines thicker, Bitcoin increased with volatility and volume once it made the breakout above the boundary which is a good sign of bullishness and in fact this move contributed to the Sign-Of-Strength in the Wyckoff Accumulation Dynamic. What is also pivotal to note here is that Bitcoin managed to since a long time close above the 100-EMA, this is a great development because the last time Bitcoin made this bounce above the 100-EMA it was origin of greatly protracted bullishness as it is also seen marked in my chart. Contributed Factors: With these breakout-elements Bitcoin has contributed to a solid base on which it can build up in the next times to come. Besides the breakout determinations, Bitcoin also completed the wave-count within the channel reaching from A to C. Now as these establishments have occurred in the structure it will be important on how Bitcoin develops further here, as Bitcoin closed above the 100-EMA and slightly pulled back below it is likely that this pullback firstly moves on before Bitcoin finally sets up to another bounce above the 100-EMA, such a bounce and final close above the 100-EMA will be the source for further continuations to the upside and Bitcoin will move on to test the main remaining resistance which will be crucial for the overall further developments. Upcoming Determinations: When Bitcoin after testing the remaining resistance once pulls back firstly and manages to stabilize further in the structure to finally set up and breakout above the upper remaining resistance this will be the important confirmation for Bitcoin to finally determine further bullishness to the upside, it will be an important development ahead. In the last weeks, we have seen Bitcoin moving into a protracted accumulation phase till the new and fresh upside volatility has now settled, in such phases, it is best to either trade in a scalping manner the ups and downs in the accumulation or keeps patient till the right opportunities with increased volatility coming which have now a increased higher possibility. In this manner, thank you for watching my update-analysis about BITCOIN and the important confirmations that have settled with the incoming determinations pivotal for BITCOINs development, great when you support it 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.
COINBASE:BTCUSD
by VincePrince
14
AUDGBP, Triangle-Formation, Breakout Potential, Important Zones!Hello, Welcome to this analysis about AUDGBP and its hourly timeframe perspectives. AUDGBP in the recent times has shown up with important and interesting structural movements that can convert into an increased volatility breakout when AUDGBP shows up with the right price-actions. As when looking at my chart now we can watch there how AUDGBP is rightly trading above the 85-EMA in red and above the 45-EMA in green, these two EMAs marking important reference-points in the structure holding the bullishness to the upside. The formation AUDGBP is forming here is an ascending-triangle-formation that is known to show up with a sufficient upside breakout and continuation when completed in the right manner. Furthermore, AUDGBP has established the coherent wave-count with the initial wave A already completed, and now AUDGBP is about to form the major wave B within the triangle-formation and the local wave-count in this formation already completing almost waves A and B in the local wave-count, when this wave-count now finalizes with the wave C and AUDGBP moves into the lower boundary to bounce in this zone it will also complete the major wave B. Once AUDGBP has reached the lower boundary and a substantial demand-bounce in this zone happens it will be the fuel for the completion of the whole formation which will happen with a final bounce above the upper boundary. Such a bounce will activate the target-zone in the 0.535 level and it is likely to be reached in the schedule, once the target-zone has been reached the situation needs to be elevated anew, and if AUDGBP manages to continue or firstly pulls back. In this manner, thank you for watching my update-analysis about AUDGBP and the main ascending-triangle-formation developing together with the important zones to consider, support it 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.
by VincePrince
8
Cardano, Ascending-Triangle-Formation, How A Breakout Emerges!Hello, Welcome to this analysis about Cardano and the 4-hour timeframe perspective. Cardano in recent times has developed some interesting formational structures from where it has the ability to build upon and increase dynamics especially when the formation Cardano is forming that I have detected completes rightly in the schedule. In assessing these developments Cardano is forming it is necessary to distinguish Cardano from the other cryptocurrencies as not every is building such a clear formation with potential, while there are cryptocurrencies with rather neutral or bearish patterns these divergences are highly important to elevate especially when considering a potential arbitrage in the market, therefore I detected all the relevant determinations here. Structural Developments: As when looking at my chart now we can watch there how Cardano is solidly holding above the 100-EMA marked in red which is a pivotal reference-point in this whole structure holding the bullishness above, together with the 200-EMA this is building the main EMA-support-structure. Furthermore, Cardano is establishing this major decisive ascending-triangle-formation with the boundaries marked in black in my chart. In this formation, Cardano has the coherent wave-count with the waves A to C almost already completed and with the wave C recently approaching the lower boundary as well as the EMA-structure likely to be the origin of the next wave D with which Cardano will continue its wave-count and complete the formational development. Upcoming Determinations: Taking all these factors into the consideration now Cardano has developed a great structure on which it has the potential to build upon and finally mark a breakout above the upper-boundary, this will happen when Cardano increases with the proper demand in the schedule. Once Cardano increases with the proper demand in the schedule a bounce above the upper-boundary will complete the whole formation bullishly and will be the setup for further continuations especially testing the remaining resistance. In these cases, it is of high importance that Cardano does not increase bearish signs that can invalidate the whole formation with a breakout below the lower boundary. For now, the completion of the formation will be pivotal, it will be an interesting development. In this manner, thank you for watching my update-analysis about CARDANO and the major ascending-triangle-formation with the ability to convert into upcoming potentials, great when you support it 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.
COINBASE:ADAUSD
by VincePrince
7
How BTCs Main 2018 Bear-Market-Bottom-Fractal Can Finalize Anew!Hello, Welcome to this analysis about Bitcoin and the 2-day timeframe perspectives. In my recent research, I discovered a significant underlying fractal-pattern that Bitcoin is forming now similarly as it was already seen in the past. In the recent weeks, we have watched Bitcoin in a deliberate Accumulation Phase with Smart Money Operators pushing the prices up and down while accumulating their additional shares at bargain prices, this is why Bitcoin also emerged with this initial Sign-Of-Strength in which massive upside volatility developed resulted out of the increased short-squeezes happened in the structure. Bitcoin in these times is building a very similar structure to what already formed previously in the heavy 2018 bear-market crash with Bitcoin moved into a protracted accumulation to finally determine heavy upside volatility, such a similar situation is what Bitcoin is showing now, therefore I detected the decisive similarities and in this relation what we should consider with Bitcoin in the next determinations. Bear-Market-Bottom-Fractal: As it is presented and marked in my chart the main Bear-Market-Bottom-Fractal is consisting of five phases reaching from A to E all with their own characteristics and technical developments that complete the whole fractal leading to the finalization of the Pattern and building the source of these strong market dynamics. The first phase A is the actually highly bearish highly volatile breakdown increasing massively in long liquidations and form the new lows with exceptional volume and spread, this phase now developed similarly to the initial fractal. The second phase B is the phase where the accumulation starts and smart money moves into the market while the mainstream is still tried to be kept into thinking Bitcoin will fall more, it is the phase where initial bounces in the structure occur that do not first have the strength to finally move above resistance and develop a new bull continuation, although somewhat with more market noise Bitcoin developed the phase B now very in the same form already. The next phase C is a worthwhile phase as it is marking the actual lowest low in the whole structure, in this phase smart money traps retailers with pushing the prices below the previous support while heavily accumulating at bargain prices in these zones takes place, it is what we have seen in these prices-levels, billionaires moving into the market at these zones while on the other side china Bitcoin Mining FUD is spread further, what comes after this structure lowest low in the phase is a stronger bounce to the upside again testing remaining resistance. Once phase C has completed there comes phase D, in this phase Bitcoin remarkably increases with bullish strength as bears momentum slowing down and the structure higher low as explicated in my chart is formed with Bitcoin increasing adequately after bouncing from this zone developing the ascending-trend-line, what comes also in phase D is the pullback to the 50% to 61.8% Fibonacci-support where also the 20-EMA marked in blue is serving together with the Fibonacci-level as support, in the current structure Bitcoin is showing a highly correlated environment with the Fibonacci-levels and the 20-EMA ready to be marked as support. The last phase the phase E is where the magic happens and Bitcoin converts into the final confirmation of heavy bullish increased volatility, this has taken the shape of a massive green candlestick in the initial fractal shooting above the 65-EMA and the main structure support marked with the red dashed trendline. Bitcoin has the ability to form a very simultaneous movement in the new fractal that Is forming over the last weeks, once phase D has been fully completed it is realistic that Bitcoin when coming back to the structure support again as it was done in the initial fractal a solid bullish increased dynamic develops above the resistance with short-liquidations being the fuel for this move. Upcoming Determinations: With this amazing similarity in the already formed fractal compared to the current fractal there is a greater likelihood given that the current fractal continues with the remaining wave-developments as Bitcoin has done in the initial fractal. Even there is not much remaining here, in the near future we can expect the pullback to move on and test the crucial 50% to 61.8% Fibonacci-support where also the 20-EMA in blue is lying and together with the Fibonacci-support builds the support-base as it was validated in the first fractal. Once this happened and Bitcoin managed to bounce in this zone the next phase E with the expansion can be expected when Bitcoin finally closes above the main structural support. Taking all these factors into the consideration there is a reasonable potential that Bitcoin converts this whole structure into an astounding upthrust. It is necessary in such times to do not just overspeculate the market into one or the other direction as it is seen too often these times, especially when market makers try to influence public opinion, rather it is necessary to see the things going on with an objective eye to properly act when the right opportunities come up, this is also the philosophy we keep in the Elite VIP Channels and which brought us the right profitable worthwhile occasions at the right times and places. For Bitcoin now it will be interesting how this fractal develops anew and once the fractal continues as expected it is good to be prepared for the upcoming volatilities. In this manner, thank you for watching my update-analysis about BITCOIN and its main bear-market-bottom-fractal that is now forming similarly to the initial one already completed, great when you support it 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.
COINBASE:BTCUSD
by VincePrince
59
Ethereum, Initial Bullish Strength, Channel-Breakout-Potential!Hello, Welcome to this analysis about Ethereum, we are looking at the 4-hour timeframe perspectives. Ethereum in recent times as I discovered has developed some interesting signs as it increased with initial bullish strength in the schedule to establish a first local-channel-breakout and approach remaining zones in the structure, even Bitcoin did not show up with such determining bullish development with forming further higher highs. And this is why it is also important to distinguish Ethereum from the other cryptocurrencies as at this time not every is building such increased bullishness while there are others forming rather bearish or neutral structures these divergences are highly necessary to assess as the markets cryptocurrencies divergence is increasing more. Structural Developments: As when looking at my chart now we can watch there how Ethereum completed a meaningful price-action-development as it recently formed the breakout above the upper-boundary of the local ascending-channel-formation marked in my chart in blue, after this breakout has emerged Ethereum increased further with bullishness in the structure which is a good sign for an appropriate stabilization above this levels. Besides that Ethereum is also holding above the 65-EMA in red and above the 20-EMA, with these two EMAs previously formed a bullish EMA-crossover these EMAs are great reference-points for a bounce in the structure and therefore stabilization above as they are building a coherent confluence-zone also with the upper boundary of the local channel. Upcoming Determinations: Taking all these factors into the consideration now Ethereum is in a situation in which it has developed some great alignements on which it can build up with the right price-actions. In the near future, we can expect a bounce to emerge moving on to test the breakout level of the local ascending-channel, in this case Ethereum is forming a coherent dynamic support-zone marked in my chart in blue where the several levels of support coming together. What is likely then is that Ethereum bounces in this support-zone and continues with a formational correction above these levels, the best is a correction in triangle shape from where Ethereum can emerge with an upside breakout finally above the major global ascending-channel-formation. In this manner, thank you for watching my update-analysis about ETHEREUM and the main channel-formation-situation with upcoming perspectives, great when you support it 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
18
XRPUSD, Since Major Channel-Breakout, These Levels Important!Hello, Welcome to this analysis about XRPUSD and its 4-hour timeframe perspectives. XRPUSD in recent times has developed as I discovered important signs with a great bullish breakout-validation as the breakout in extended spread and volatility has shown up above the upper-boundary of the main descending-channel-formation marked in my chart. This breakout gave the edge for further developments above these zones and now it is at the time for XRPUSD to show how it proceeds further with this breakout determinations, therefore I detected all the important levels, structural formations, and upcoming determinations we need to consider with XRPUSD in the formed structure and upcoming movements ahead of next times. Structural Developments: As when looking at my chart now we can watch there how XRPUSD has shown up with this major channel-breakout above the upper boundary of the descending-channel. Once this happened XRPUSD moved on to test the 0.75 Usd level it has in the structure where XRPUSD moved into an overbought condition and also has remaining upper-resistance in this structure by upper timeframes such as the 12-hour chart or the daily chart. Now above this breakout-zone XRPUSD is forming this local ascending-wedge-formation marked in my chart with the blue boundaries, in this formation, XRPUSD already completed the coherent wave-count and is likely to finalize the whole formation in the near futures which will happen with a breakout below the boundary as seen in my chart. Upcoming Determinations: Taking all these factors into the consideration it will be important on how XRPUSD establishes once the breakout below the lower boundary of the ascending-wedge has completed, once this breakout has completed it is likely that XRPUSD continues firstly to the downside till there are supports found in which XRPUSD will have the ability to stabilize and build up again. These supports are foremost lying within the dynamic support-zone marked in blue where not only the upper boundary of the channel is building a support but also the 65-EMA in green as well as the 200-EMA in red which by the way already formed a bullish crossover before. Therefore XRPUSD will have some good ability to stabilize in this zone however in any case it has to be elevated how XRPUSD reacts into it and finally comes up with an appropriate stabilization, it will be an interesting and important development ahead. In this manner, thank you for watching my update-analysis about XRPUSD and its channel-breakout-situation with the upcoming testing of the upper-boundary, great when you support it 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
8
Bitcoin, Local Ascending-Wedge, Important Zones!Hello, Welcome to this analysis about Bitcoin and its 4-hour timeframe perspectives. Bitcoin reached important resistances in the structure and besides that is forming an important and decisive formation in this structure. This formation is an ascending-wedge-formation marked in my chart with the blue boundaries. In this formation, Bitcoin has the coherent wave-count with the waves A to E almost already completed and with the final wave E recently moving into the upper-boundary from where an initial pullback is likely and the beginnings already show up, when Bitcoin then continues with the pullback to test the lower boundary of the formation this will be crucial, when Bitcoin moves below the boundary the wedge will be completed and the target-zone marked in my chart in blue will be activated. Once these zones have been reached Bitcoin has the ability to stabilize again. For now, we should not underestimate the possibility for this local pullback however as there are solid supports in the structure there is still the potential for a stabilization back-up given, it will be an interesting development ahead. In this manner, thank you for watching my update-analysis about BITCOIN and its local ascending-wedge-formation, great when you support it 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
64
CADCHF, Completes Bear-Flag-Formation, Objections Now!Hello, Welcome to this analysis about CADCHF and the hourly timeframe perspectives. CADCHF as I discovered in recent times has developed some important structures which will be crucial in the upcoming movements. As when looking at my chart now we can watch there how CADCHF has formed this initial ascending-channel marked in blue within which it already finalized the coherent wave-count and now formed the breakout below the lower boundary of the formation. This breakout has confirmed the whole formation as a bear flag now and is actually the setup for the further bearish continuations to follow up within the upcoming times. As marked in my chart CADCHF is now forming the confirmational development below the lower boundary in a form of a local bear-flag below the 35-EMA in red and below the 15-EMA in green. In the near future, there is a high likelihood given that CADCHF breaks out below this local bear-flag and continues bearishly to the downside to appoint the main target-zone marked in my chart in blue within the 0.721 level. Once this level is reached it has to be elevated how CADCHF continues from there and if there comes an initial reversal which is not unlikely or a setup for further bearish continuation to the downside. In this manner, thank you for watching my update-analysis about CADCHF and the main bear-flag-formation completion and upcoming determinations to consider, great when you support it 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.
by VincePrince
21
BTC, Third Consecutive Close Above 31500, Likely Scenarios Now!Hello, Welcome to this update-analysis about Bitcoin and the weekly timeframe perspectives. Since the origin analysis I uploaded on the 6Th of June the overall picture has changed exorbitantly and Bitcoin has developed some worthwhile price-actions that altered the interface and will be a decisive source for the upcoming movements. If you did not see the origin analysis already I highly recommend it to watch to have a full-depth-overview. In this case, now I detected the further possibilities, upcoming determinations, and what we should consider with Bitcoin in its determined structure and nearing price-actions. I altered certain lines and colors or added them to exemplify which zones and scenarios are meaningful now. Third Consecutive Close Above 31500: As mentioned in the Origin-Analysis the 31500 was a highly important level for Bitcoin to hold sustainably because without that when Bitcoin would have moved below this level with bearish price-action it would have been the source for a substantial increase of bearish selling pressure into the bearish-continuation-zone marked in red however as Bitcoin now managed to bounce and close really a third time above this important support marked in blue in my chart this is marking a substantial sign for a solid bullish stabilization above this level from where Bitcoin has the ability to build upon which it already did with recent bullish volatility increases in the local structures as well. EMA-Structure And Tests Of Remaining Resistance: It is also a good fact that Bitcoin managed to remain above the 65-EMA marked in red as well as the 45-EMA in blue, besides that Bitcoin managed to bounce of the 65-EMA in red two times simultaneously as Bitcoin bounced from the main support zone. Now all these factors indicating a bullish continuation for Bitcoin firstly to test the remaining resistance which Bitcoin has within the 46810 levels marked in my chart in red. When Bitcoin approaches this zone it is likely that there firstly comes a pullback that moves on to test lower levels in the structure as support which will be crucial because in this case, Bitcoin needs to hold them maintaining further stabilization above, currently, it has an increased likelihood however it is necessary to await these confirmations. Upcoming Perspectives: What we have seen here the last weeks with Bitcoin bot defending the EMA-structure as well as the support was also an ongoing accumulation phase in which smart money operators accumulated further while weak hands got shaken out, about which I already informed in recent publications. Now as the first sign of strengths emerged public gets also more attention again and the possibility for further bearish declines decreases. For now it will be important how Bitcoin develops with the suggested conditions as mentioned and if this happened sufficiently it will be the completion of the major wave D in the Fibonacci-count and then the setup for the wave E as it is marked in my chart in blue, it will be an interesting journey ahead. In this manner, thank you for watching my update-analysis about BITCOIN weekly structure and the main developments and upcoming perspectives since the Origin-Analysis, great when you support it 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.
COINBASE:BTCUSD
by VincePrince
32
Ethereum, Main Channel-Formation, How A Breakout Can Emerge!Hello, Welcome to this analysis about Ethereum and the 4-hour timeframe perspectives. Ethereum in recent times has developed some interesting movements as it showed up with increased bullish volatility in its structure which also brought us some great profits within the VIP channel. Now in the broader context, Ethereum has formed an important formation that I detected is likely to affect the upcoming determinations exorbitantly. Currently not every cryptocurrency is building such a formation on which a bullish continuation can build upon as there are currencies with also rather bearish or neutral patterns therefore it is necessary to distinguish this here and this is why I detected all the important levels and upcoming determinations decisive for Ethereum. Structural Developments: As when looking at my chart we can watch there how Ethereum has mainly developed this major channel-formation marked with the boundaries in blue, within this channel Ethereum has a coherent wave-count with the first normal major waves A to B already completed and now within the major wave C has firstly pulled back as it approached the upper zone of the channel, this pullback is the origin and determination of the local wave C marked in grey in my chart which is likely to continue to develop in the near futures. What is also great here is that Ethereum maintained to breakout above the 200-EMA in red and besides that has some solid supports within the middle-line-range of the overall channel marked in my chart in red. Upcoming Determinations: Taking all these factors into consideration Ethereum will likely continue with its wave-count development and a test of the middle-line-range is incoming, when Ethereum then manages to bounce in this range which is highly likely as it is very solid support this will be the source of a bounce to the upside and when Ethereum after that manages to increase bullishness further and finally closes above the upper boundary of the channel this will be the setup for both extensions of the wave-count, firstly the major wave-C-extension and secondly the normal local wave-C-extension, which will firstly appoint the initial short-term-target-zone at 2830 from where the situation needs to be elevated anew. In this manner, thank you for watching my update-analysis about ETHEREUM and the main channel-formation with the potential breakouts incoming, great when you support it 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
7
BITCOIN-WYCKOFF-UPDATE, Sign-Of-Strength Emerged!Hello, Welcome to this update-analysis about Bitcoin and its Wyckoff Accumulation Developments that are taking place since the increased bearish volatility to the downside has shown up in May this year. In the former origin-analysis, I already exemplified the main phases of Accumulation Bitcoin developed and with its decisive elements such as the selling-climax or the spring, if you did not see this analysis already I highly recommend it to watch to have a full overview as this analysis is building upon it. Since the former analysis, significant measurements changed the interface of Bitcoins structure however what has not changed is that Bitcoin is proceeding further in its Wyckoff-Accumulation-Developments and that an upside movement has a higher possibility. Especially in recent times, the recent 24 to 36 hours paramount processes have taken place in the cryptocurrency market. Surely within all of the whole Accumulation Pattern, decisive events have taken place such as smart money accumulating further or bigger financial institutions such as banks showing interesting in Bitcoin however in the past 24 to 36 hours crucial determinations have taken place finally that manifested in a real price-action surge fitting to the Wyckoff-Accumulation-Development and building the foundation for further steps that are likely to take place in the near futures. In the past 24 to 36 hours Bitcoin gained almost over 15% in a sharp short-squeeze consisting of heavily increased short-liquidations, it shows how proper preparation in the foremath can help to gain an advantage in the market and do not get trapped by market makers, a critical event that brings the urgency to look closer into the situation. Second Test: As when looking at my chart we can watch there that Bitcoin since I published the origin-analysis on the 29th June has protracted with its development in phase D and moved on to test the range between 29785 and 31100 a second time and because the bearish selling pressure and volume did not increase Bitcoin sufficiently marked this range as solid support in which Bitcoin bounced to the upside. It was also the point in which bigger companies accumulated additional shares such as the trading firm of the richest Bitcoin billionaire buying a lot more shares within this zone. These developments showed up with an initial bounce to the upside that was a great origin for further upside developments and the last-point-of-supply in the structure. Short-Liquidations-Squeeze Resulting In The Sign-Of-Strength: Once Bitcoin moved on with the bullish developments since the second test of the lower strong support zone Bitcoin approached the main 34500 level, within these movements further shorts accumulated in the market. In this zone then it came to the actual short-liquidation-spike marked in my chart within the blue box as spread and volume heavily increased in the structure this determined and formed the decisive Sign-Of-Strength (SOS) which is an inherent element within the Wyckoff Accumulation Phase D, even in Binance Perpetual Contract this Spike shot almost to 48000 USD and a lot of shorts got liquidated almost nearing 1 BIllion US-Dollar Short-Liquidations. This movement marks the final fundamental increase of bullish strength and what normally follows after that now is a last-point-of-supply and back-up that in most times tests previous resistance as support, in this case, this will be between 35500 and 36000. About Wyckoff: When considering all these factors is highly necessary to recognize the inherent meaning of a Wyckoff Accumulation or Distribution, it is not about a single price-action formation such as a triangle or flag-formation which can occur in every timeframe, it is about the market behavior in which big players operating to utilize the market in a manner that it fits their interest, to either accumulate or distribute at the given manipulated prices. Knowing these facts and especially do not ignoring them is crucial to further one's advancement in markets such as the cryptocurrency market in which smart money operators already settled. Therefore these patterns need to be assessed neutrally to do not get trapped by these market behaviors. The basis of such a pattern is always the same, there are the same steps that follow up to complete such a pattern similar however neither market situation is always 100% similar to previous ones, this is why there are always changes in the price-formations, amplitudes, volumes and this is why a pattern can be also extended or contracted with certain elements coming up not only once like it is the case with Bitcoin here as it moved on with a second test now. Therefore realizing that there are real humans, smart money operators, as well as retail participants behind the market price-actions, is similar pivotal. Perspectives: As Bitcoin now protracted with the phase C to develop a second test and finally show up with the major sign-of-strength that recently developed increasing short-liquidations heavily on almost all exchanges this has a high likelihood to build the source for the next processes within the Wyckoff Accumulation and once Bitcoin has found support within the suggested level as seen in my chart there is a good constitution of Bitcoin bouncing above the upper remaining resistance at 40600 which will lead Bitcoin to enter phase E. This shows one more time that technical analysis is empirical since regardless of what academics stating often that it is just random walk theory, there are patterns that keep repeating within the market and as a sophisticated trader it is possible to take these up and convert them into valuable opportunities, the only thing that is central is to not get distracted by ones own emotions into a one-sighted direction. In this manner, thank you for watching my analysis about BITCOIN and the Wyckoff-Accumulation-Developments that are determining factors for Bitcoins establishment. It will be great when you support the analysis with a like and follow or comment for more market insight! Information is only educational and should not be used to take action in the market.
BYBIT:BTCUSD.P
by VincePrince
90
LINKUSD, Inverse H-S-Formation, How It Sufficiently Completes!Hello, Welcome to this analysis about LINKUSD, we are looking at the 4-hour timeframe perspective. As I discovered LINKUSD showed up with some worthwhile signs in the structure that can convert into a sufficient breakout with further increasing volatilities and activation of targets. Therefore it is necessary that LINKUSD shows up with the appropriate price-actions and do not emerges with developments that can invalidate this whole formation again. The formation that is forming here is a main potential inverse head-and-shoulder-formation marked with the neckline in blue in my chart and with the left shoulder as well as the head already formed. As LINKUSD recently already shown up with this increased volatile move into the neckline this is building a solid foundation. In the next times to continue with the head-shoulder-development a pullback has a high likelihood, this will lead to the testing of the meaningful supports between the 16.25 and 17.25 level, this level is also highly necessary to hold for LINKUSD and bounce from it because when moving below and increasing exorbitantly with bearish price-action this will lead to the invalidation of the formation however when LINKUSD bounces within and manages to increase after that finally closing above the neckline such a price-action will lead to the completion of the formation and activation of upside targets marked in my chart in blue within the 23.4 level, once these are reached the situation needs to be assessed anew, it will be an interesting development ahead. In this manner, thank you for watching my analysis about LINKUSD and the major potential inverse head-shoulder-formation and how it can sufficiently complete in the incoming times, great when you support it 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.
by VincePrince
9
Cardano, Descending-Wedge-Formation Breakout Developed!Hello, Welcome to this analysis about Cardano, we are looking at the 4-hour timeframe perspectives. Cardano in recent times has shown up with some interesting developments that can be the origin for further determinations especially as the volatility in Cardano increased similarly to other Cryptocurrencies, all from the front Bitcoin is setting the tone with a high volatile bullish move to the upside. Now Cardano has also completed a major formation in the structure that should not be kept by side however not every Cryptocurrency is building such formations as the divergence between the currencies also increases there are also more bearish or neutral ones, this inhabits the importance of picking the right coins with which to move on. Structural Developments: As when looking at my chart we can watch there how Cardano recently increased with bullish volatility and managed to move above the 100-EMA in green as well as the 65-EMA in red. Taking this into a broader context Cardano has also developed this major descending-wedge-formation marked with the blue boundaries in my chart, in this formation, Cardano already completed the waves A to E and therefore technically finalized this whole formation with the wave-count of which the logical consequence is the bullish breakout of the formation which also happened now as Cardano clearly increased above the upper boundary and above the EMA-structure. Upcoming Determinations: Taking all these factors into consideration Cardano has established a very strong structure especially with the finalization of this whole formation. Now in the near futures, it is possible that Cardano firstly pulls back and moves on to test the breakout origin zone to test it and confirm the zone as support which is not unlikely to happen after such a formation completion and breakout. Therefore when Cardano bounces in this zone it is a good sign and the likelihood is increased that Cardano moves on to approach the target-range marked in my chart in blue between the 1.6 and 1.7 level, when Cardano reached these values it has to be elevated if it manages to continue bullishly further or firstly pulls back in the structure. In this manner, thank you for watching my analysis about CARDANO and the main descending-channel-formation-breakout with the activation of further developments, great when you support it 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.
COINBASE:ADAUSD
by VincePrince
4
BTC, PARAMOUNT Tripple-Bottom POTENTIAL, Determining Factors!Hello, Welcome to this analysis about Bitcoin, we are looking at the 2-day timeframe perspectives. As already mentioned in previous analysis Bitcoin is right in an accumulation phase in which institutions bought in and public opinion is manipulated through media and certain developments that spread the certain cause of a further continuation of the bearish pressure to come after this phase has completed however the possibilities for a bullish reversal are higher as I discovered and in this case I detected a massive potential formation that has a high likelihood to be the reversal origin and structural bottom together with other technical factors, therefore we are looking at all the important levels and meaningful determinations. Structural Developments: When looking at my chart now we can watch there how Bitcoin in the recent days bounced from the range between 29700 and 30810 where it already bounced several times in the past and always closed above the 30810, this was also the case here. Besides that, the bullish increased volatility has formed this candlestick formation with the three white soldiers which is a strong bullish reversal candlestick formation. This bounce in the structure is building the third structural bottom within this range and therefore has formed the foundation of a dedicated triple bottom together with the two previous bottoms like they are marked in my chart. All these factors are positive factors for a solid bottom building in this structure. Furthermore looking at the Moving Average structure it has to be marked that Bitcoin recently managed to bounce above the 20-MA marked in my chart in blue which it did not do in this whole bearish downtrend and accumulation phase, Bitcoin always tested this 20-MA and now finally managed to bounce above it, in this case now the 20-MA is a strong support-zone here on which Bitcoin has the ability to build upon. What is also very interesting and can lead to the next confirmational signal is that the 9-MA marked in my chart in black is about to form a golden-cross with the crossing above the 20-MA that has a good possibility to emerge within the near future when Bitcoin increases bullishness ahead of incoming times. Upcoming Perspectives: As Bitcoin now showed up with these initial bullish developments in the structure there is the potential given that Bitcoin firstly moves on to test the local support that is marked in red in my chart, this will be crucial because Bitcoin needs to move above this level to maintain further bullish pace however when Bitcoin manages to do so there is this bigger bullish increased volatility range marked in my chart with the green range, it is a range where bullish developments can move more easily and with more increased volatility than before. In these cases when Bitcoin approaches these zones it is highly important that Bitcoin does not show up with bearish signs that can invalidate the structure again. When Bitcoin then develops in the best case scenario and does not show up with any bearish invalidation signs then there is the potential for the completion of this whole formation as the determined bottom and finalization of the whole triple-bottom which will happen when Bitcoin finally shows up with the ability to breakout above the main triple-bottom-neckline marked in blue, such a final confirmation will activate higher targets and Bitcoin will have the origins to build upon. For now, it is necessary to keep patient and await the proper validation to when they happen to be prepared on incoming volatilities and do not get confused by market noise and perplexing price-actions-developments as this is normal in such a phase. In this manner, thank you for watching my analysis about BITCOIN and its massive triple-bottom that has the potential to finalize with the upcoming right price-actions, great when you support it 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
56
AAVE, Developments In Ascending-Channel, Important Zones!Hello, Welcome to this analysis about AAVE, we are looking at the 6-hour timeframe perspectives. In my analysis, I found some interesting developments that AAVE is forming with recent bullish volatility coming up and moving to the upside after bouncing at the local support zone of 215. Besides that there is the main formation forming in which AAVE will develop further in the upcoming times and which will be the source of incoming volatilities. When considering AAVE it has the be noted that not every altcoin is building such increasing volatilities, there are also ones looking more flat or bearish while the volatility since the bounce in the structure looks solid, therefore I detected all the important levels and likely determinations we should consider with the coin. Structural Developments: As when looking at my chart we can watch there how AAVE has formed this major ascending-channel-formation in the structure marked with the black boundaries. Within this channel, AAVE has a coherent wave-count in which it already completed the waves A and B in the schedule and is now about to develop the main wave C to the upside in which it formed the first local wave A that recently marked above the 100-EMA in red and the 200-EMA in green which is a good sign for the continuation in this structure. Also has AAVE since moving above these important EMA-levels the ability to build a bull-flag, a bull-pennant, or a triangle-formation above these levels which inhabits the continuation pattern for the further wave-development. Upcoming Determinations: Taking all these factors into the consideration now AAVE has established a great structure with great volatility and is likely to continue with the wave-count in the determined ascending-channel, for now entering on the long-side should not be the best option as AAVE already increased substantially with bullish pace however there is the potential for a short when AAVE moves into the upper-wave-count-determination-zone marked in my chart in the blue level and the black box within this level, however, this zone is simultaneously resistance. In that case, everything depends on how AAVE approaches this zone of target and resistance, if it is strong or if it is weak, both developments can give indications for further movements. In this manner, thank you for watching my analysis about AAVE and the main ascending-channel-developments forming with incoming perspectives, great when you support it 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.
by VincePrince
12
Zilliqa, Massive Descending-Triangle, Breakout Incoming!Hello, Welcome to this analysis about Zilliqa, we are looking at the 6-hour timeframe perspectives. Zilliqa in the previous bearish developments with which the cryptocurrency market has shown up unless other cryptocurrencies moved below the previously established supports of 0.06 and formed a new lower low which does not mean Zilliqa can not recover from this and in fact after the new lower low was formed Zilliqa bounced back and initially recovered in the structure which was firstly a good sign. Besides that I discovered the main formation that will play an important factor in the near future, therefore I detected all the important levels and likely determinations we should consider with Zilliqa. Structural Developments: As when looking at my chart we can watch there how Zilliqa established this paramount descending-triangle-formation with the coherent wave-count in the formation already completed with the waves A to E in the schedule which firstly completed the wave-count and therefore serves as a part of completing the whole formation. As Zilliqa now approaches the upper boundary of this major descending-triangle-formation this is a possible test for a breakout especially as the 65-EMA in green is also tested. Furthermore, since Zilliqa bounced in the 0.05 level there came some decent solid volatility into the place from which Zilliqa has the ability to build up on and increase volatility that leads to the breakout-confirmation of this main formation. Upcoming Determinations: Taking all these factors into the consideration now Zilliqa is in a situation in which it has developed this great descending-triangle-formation which in most occasions is a bullish reversal formation that indicates the final bullish reversal and continuation to the upside. The only thing that remains now is the final validation of this whole formation which will happen when Zilliqa breaks out above the upper boundary of the formation and in this case also importantly above the 65-EMA in green to move on and test the 100-EMA in red. When this suggested breakout is finally established Zilliqa will activate the upside targets within the dynamic-descending-triangle-target-zone and when these are reached the situation needs to be elevated anew. In this manner, thank you for watching my analysis about ZILLIQA and the main descending-triangle-formation likely to be the origin of an upside-breakout and increased volatility coming into, great when you support it 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.
by VincePrince
9
BTC, Increased Volatility, Approach Key Zones, Main Objections!Hello, Welcome to this analysis about Bitcoin, we are looking at the 6-hour timeframe perspectives. Recently Bitcoin has shown up with bullish volatility to the upside from the 29500 support as expected and now began to form the 12345 impulse-wave as expected, if you did not see the analysis already where I mentioned this elliot-wave-developments and the importance of it for Bitcoins current situation I highly recommend it to watch to have a full-depth-overview because this analysis is building a coherent addition-part to it. In the last times, we saw many institutions accumulating such as Alameda Research buying many more Bitcoins below the 30.000 USD, also bigger banks and tech giants showed interest in Cryptocurrency and Bitcoin such as Amazon recruiting Blockchain experts to research in cryptocurrency or JP Morgan becoming the first US bank offering Bitcoin and Crypto Funds to retail clients. These fundamental developments can be a source of the incoming bullish volatilities nevertheless from the technical side there are some important determinations we should consider with Bitcoin in its structure and upcoming movements. As when looking at my chart now we can watch there how Bitcoin firstly formed this major massive descending-triangle-formation marked with the boundaries in black and in this formation Bitcoin has the coherent wave-count with the waves A to E almost already completed. Now as Bitcoin finalized the wave E and solidly bounced within the lower boundary of the formation there came a second meaningful formation in the structure which is a potential double-bottom with the first bottom and the second bottom marked in my chart in the blue box. Right after the second bottom has formed Bitcoin increased its volatile movement and formed the breakout above the upper-boundary of the descending-triangle-formation from where it also further bounced in the boundary to the upside increasing bullish volatilities. Taking these factors into the consideration technically the descending-triangle-formation has finally been completed in Bitcoins structure however there are still resistances higher in the structure which Bitcoin will firstly test and has a high likelihood to initial pullback once these levels are reached. Once Bitcoin tested the upper remaining-resistance-range marked in my chart in red this will be the highly likely pullback, after that the actual crucial developments will come with Bitcoin moving into the lower support zones and approaching the 50% to 61.8% Fibonacci-support. When Bitcoin manages to bounce and stabilize in the Fibonacci-supports this can lead to a further bullish continuation and when this shows up strongly enough Bitcoin can finally move above the upper remaining-resistance-range to continue further. In recent times Bitcoin moved through a protracted accumulation, this is what the fundamentals say as bigger smart money operators accumulated within these zones which is also marked by the recent increased volatility which comes time-shifted after the accumulations have taken place, it is necessary to recognize such operations by the bigger players to properly prepare on what possible scenarios are coming up then. For now, we should not ignore that there are still resistances lying within the structure however Bitcoin has the ability to move above these resistances by showing the right price-actions in the structure as mentioned, therefore we should keep patience and look for how the situation develops further, it will be an important and interesting journey ahead. In this manner, thank you for watching my analysis about BITCOIN and the main important structures and developments forming, great when you support it 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
Ethereum, Decisive Triangle-Formation, Determining Zones!Hello, Welcome to this analysis about Ethereum, we are looking at the 6-hour timeframe perspectives. Ethereum has developed some interesting structures and at the moment there are building certain similarities with the structure of Bitcoin however there are also significant differences that are necessary to distinguish. Especially recently Ethereum has shown up with a strong bullish bounce to the upside with the bullishness shown up from the 1750 level, it was great for us to secure profits on the long-side within the VIP channel entering at the proper lower values on the long-side. Now embedding this into a broader context Ethereum is also forming a main formation here, therefore I detected all meaningful levels and upcoming scenarios we should consider with Ethereums structural developments which are worthwhile in the upcoming times. Formational Structures: As when looking at my chart now we can watch there how Ethereum established this massive decisive triangle-formation marked with the boundaries in black and the coherent wave-count within the formation with the waves A to E already completed. Now as the wave-count finalized Ethereum showed up with the increased bullish volatility from the lower boundary and the 1750 level moving on to approach the upper zones and the upper boundary in the formation matching together with the 200-EMA within there. As there is a strong resistance still within the upper boundary of the formation a pullback, in this case, is not unlikely however there is also a possibility given that Ethereum early shoots above the upper boundary to complete the whole formation, mainly it needs to be elevated how Ethereum moves into to if there comes a pullback or an early breakout. Upcoming Determinations: Taking all these factors into consideration Ethereum has a structure from where it can determine a considerable upside-breakout sooner or later. When this upside breakout comes up sooner or later Ethereum will move on and test remaining resistances which are mainly lying within the remaining-resistance-range that is marked in red in my chart, when Ethereum approaches this range it is more likely that an initial pullback follows up then to test lower levels for support in the structure again which is normal after such a triangle-breakout has emerged. Once the pullback has emerged Ethereum will have the ability to stabilize above the upper boundary of the whole formation and build up on it to test the remaining-resistance-range anew and then possibly move above it when the right price-actions setup. For now it will be important for Ethereum to show how these determinations can establish. In this manner, thank you for watching my analysis about ETHEREUM and the massive triangle-formation with the incoming likely breakouts to consider, great when you support it 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
4
GBPAUD, Double-Top And Ascending-Wedge, Ready For A Markdown!Hello, Welcome to this analysis about GBPAUD, we are looking at the 4-hour timeframe perspectives. As I discovered GBPAUD is forming some serious developments that are likely indicating a main reversal in the structure. When looking at my chart now we can watch there how GBPAUD firstly formed this main ascending-wedge-formation with the coherent wave-count in the formation about to complete with the final wave E that moved directly into a strong weekly-resistance-zone GBPAUD has in the higher timeframes from where it already pulled back severely and now also formed this double-top-formation in the structure. Both the ascending-wedge and the double-top are formations that indicate a bearish reversal which is also likely to happen here. The reversal will be finally confirmed when GBPAUD crosses below the lower boundary and closes there as it is marked in my chart, such a breakout will activate the lower target-zones with the initial target-zone firstly, after this is reached potentially in the structure it has to be elevated how GBPAUD reacts into it there, when GBPAUD moves highly bearishly into this zone it is likely that protraction of bearish pressure follows that also reaches the middle-term-target-zone. For now, it is necessary to keep patient and elevate how the formation is finally completed moving forward under the suggested conditions, it will be an important and interesting development. In this manner, thank you for watching my analysis about GBPAUD and underlying mainstream media disinformation campaigns, great when you support it 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.
by VincePrince
8
Bitcoin, Mainstream Media Disinformation Campaigns!Hello, in recent times especially as Bitcoin began with its volatile movements to the up and downside from the 8th January till today there is a meaningful discrepancy between mainstream media news and the actual Bitcoin price-action development, such a pattern has already existed in the past and since the beginning of 2021 it became very clear. Always when the market was at a major low or high in the structure mainstream media reported into the other direction. Not every news agency is reporting like this within the cryptocurrency market however there are some especially from mainstream media not only focusing on cryptocurrency that clearly inhabits such patterns. This development goes hand in hand with the Wyckoff distribution that was seen since the 8th of January as big players and smart money operators want to affect public opinion about the direction of Bitcoin while underlyingly distributing their shares while on the other side it is the same with the Wyckoff Accumulation. Therefore taking a closer look into the news of CNBC there are positive bullish news and negative bearish news always when important bullish or bearish reversal-points contributed within Bitcoins schedule. As when looking at the chart you can watch there the main bullish news marked in green and the main bearish news marked in red. At these days there was always a lot of greed or fear in the market, greed meaning much news where released in a bullish direction, and fear meaning a lot of news were released in a bearish direction. A remarkable day was also the 15Th April, this was the day where Bitcoin finally developed its all-time-high and a massive enthusiasm came up, in this day many many bullish news where released while it was the actual day of a heavy reversal to the downside. The same pattern is marked on the other reversal days also. Taking all these factors into the consideration it is always necessary to do not sough up everything that mainstream media says because it is a clear profile of misleading the public while deliberately moving into the other direction, traders need to focus on their own determinations to come up with the most possible scenarios to consider not relying on pure news as they can be really misleading. Even when with all this data at hand and the news behind each reversal point such a news indication can be used as a potential counterindication however it should not be the main factor to rely on. Especially on the major highs in the structure seen at the 22th February, 13 March and 14 April the bullish news accelerated heavily and new people came to the surface calling Bitcoin to move to record highs of 250.000 USD of a kind which is a really unrealistic approach and feeds the hope of investors moving at this point into the market while big players and smart money selling their shares or even enter short positions at these points. One could argue that this is all just coincidence and that the people who write the articles just publish by their own thoughts which can be also not always exactly precisely however when looking at the data it becomes clearer that this can not be a pure coincidence when the high accuracy the news marked a final contra-indication in the actual price action. It is necessary to be aware of such developments and how they affect markets and investor behaviors, it is clear that such news campaigns moving simultaneously with the Wyckoff concept of distribution and accumulation which is approved as big players and smart money operating to either distribute or accumulate at the best possible prices while trapping the public, as traders we should be aware of such dynamics to be rightly prepared on it. In this manner, thank you for watching my analysis about BITCOIN and underlying mainstream media disinformation campaigns, great when you support it 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
61
XRPUSD, Major Descending-Wedge-Formation, How It Completes!Hello, Welcome to this analysis about XRPUSD, we are looking at the 12-hour timeframe perspectives. In recent times I detected that XRPUSD has reached some very important levels in the structure from where it has the ability to build up. Besides that, it formed a major formation that can be the source of determining breakouts and upcoming volatilities. It is also necessary to distinguish XRPUSD from the other cryptocurrencies as the divergence between the currencies is increasing more and more. While there are cryptocurrencies with more bearish structures or neutral structures there are others like XRPUSD with a given bullish edge, therefore I detected all the important levels and likely determinations we should consider with XRPUSD. Structural Developments: As when looking at my chart we can watch there how XRPUSD has continued with its bearish alignments to the downside and now recently reached an important level which is the ascending-trend-line marked in my chart in black. In this trend-line XRPUSD printed several bounces to the upside previously therefore it is a strong trendline that is likely to be the origin for further volatilities. Besides that XRPUSD has formed this massive descending-wedge-formation marked with the blue boundaries, within this wedge XRPUSD has the coherent wave-count with the waves A to E already completed meaning the price-action is ready to markup as the wave-count has finalized. Upcoming Determinations: Taking all these factors into consideration XRPUSD has formed a structure in which it can build up and finally complete a substantial upside continuation, this will be confirmed when XRPUSD breaks out above the upper-boundary of the descending-wedge-formation. Especially when XRPUSD then also marks above the 25-EMA in red this will be the completion of the whole wedge-formation and will be the setup for the further continuations to the upside. Once the wedge is completed XRPUSD will activate the target-zone marked in my chart in blue at the 0.942 level, once this level is reached the situation needs to be elevated anew and if XRPUSD manages an immediate continuation or firstly reverses which will not be unlikely. In this manner, thank you for watching my analysis about XRPUSD, great when you support it 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 markets.
BYBIT:XRPUSD.P
by VincePrince
11
BTC, Correction Protraction, Final Fibonacci-Determination Now!Hello, Welcome to this analysis about Bitcoin, we are looking at the 4-hour timeframe perspectives. In my former analysis regarding this subject, I mentioned how Bitcoin developed this main Fibonacci-wave-count structure with the first major waves A and B already completed, if you did not see this analysis already I highly recommend it to watch to have a full-depth-overview. Regarding this, in recent times Bitcoin moved on with the ABC-wave-count to the downside and protracted the wave C in the schedule finally completing this local wave-count and expanding the lower boundary to the place it is now. Besides that, there are further determinations I discovered Bitcoin is forming that are important in upcoming times. Structural Developments: As when looking at my chart now we can watch there that Bitcoin besides the massive ascending-channel which I already mentioned previously has formed this local descending-channel that is marked in my chart in blue. Bitcoin exactly bounced now with the wave-C-protraction ending in the level where the ascending-channel and the descending-channel crossed giving a great reference-support-point in this zone. Furthermore, Bitcoin has shown up with some initially increased volatility which is a great sign and in most occasions indicates a continuation into the volatility direction which is also likely to happen here in a potential combination of an upside-channel breakout. Upcoming Determinations: Taking all these factors into consideration now Bitcoin is in a structure which finally defines the ending of the ABC-wave-count within the wave B and therefore the appropriate beginning of the major wave C and the impulse wave-count of which wave C consists. In this case now when Bitcoin manages to increase the bullish pace in the structure to finally breakout above the upper-boundary of the local descending-channel the impulse-wave-count will be in full development and Bitcoin will appoint the upper target-zone marked in my chart in blue, in this target-zone then also lies the main remaining-resistance-cluster marked in red from where a pullback will be highly likely. For now, we should consider the emerging wave-count firstly incoming after that it will be shown at what pace Bitcoin moves into the resistance and if then there comes an immediate strong bearish pullback or not. In this manner, thank you for watching my analysis about BITCOIN, great when you support it 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 markets.
BINANCE:BTCUSD
by VincePrince
10