XRPUSD, Builds A Wedge-Formation-Constellation, Important Zones!Hello Traders Investors And Community,
Welcome to this analysis about XRPUSD, we are looking at the 4-hour timeframe perspectives. XRPUSD as it holds above the 0.8 level is forming some interesting formational developments as I discovered the main structure XRPUSD has build up here is this major wedge-formation with the coherent wave-count within and the waves A to C already completed within this wedge-formation. Now XRPUSD forms this local triangle within the lower boundary structure which is likely to break-out in the next times and when this happens it will be the development of the wave C in the structure moving into the upper-boundary from where the wave is likely to emerge as there is still strong resistance lying. When this wave E finally completes the whole wave-count this can be the source of a more dynamic development which finally converts into a breakout above the upper-boundary and completion of the wedge, therefore it is highly necessary that XRPUSD properly holds the structure and shows not up with invalidation signs.
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Vinceprince
Ethereum, Descending-Wedge To Complete, Upcoming Perspectives!Hello Traders Investors And Community,
Welcome to this analysis about Ethereum, we are looking at the 4-hour timeframe perspectives. As Ethereum managed to hold its structure I discovered some interesting developments and as Ethereum develops above the 800- as well as 700-EMA it has formed there this main descending-wedge-formation with the coherent wave-count from A to C almost already completed. Now when Ethereum manages to stabilize further here and finally show up with a breakout above the upper-boundary this will complete the whole descending-wedge and Ethereum will follow-up with further bullish continuations to test the main remaining upper resistance which is also the target-zone of the wedge. When this happens it has to be elevated further if Ethereum manages to continue bullishly or firstly shows up with a pullback which is not unlikely in this case.
In this manner, thank you everybody for watching, support the idea with a like and follow or comment, have a good day, and all the best to you!
"Good luck is when opportunity meets preparation."
Information provided is only educational and should not be used to take action in the markets.
Bitcoin, Dedicated Breakout Ahead To Test Main 49K Resistance!Hello Traders Investors And Community,
Welcome to this analysis about Bitcoin, we are looking at the 6-hour timeframe perspectives. Bitcoin recently made an important move above the 40.000 USD mark as bullish volatility increased besides I discovered further important things that will determine Bitcoins developments in the upcoming times. With the move above the 40.000 USD level Bitcoin also managed to break out above this local descending-channel and what is more significant also above the 100-EMA playing an underlying role as it was previously resistant and is now support, all these factors coming together and adding up to the conclusion that Bitcoin will continue with the further bullish continuation especially with a dedicated breakout above the upper boundary of the massive descending-channel-formation and when this happens the main 49.000 USD resistance will be pointed.
Taking these factors into the consideration and when Bitcoin shows up with the bullish breakout the next times it is likely then that Bitcoin firstly pulls back in the resistance as there is still a lot of supply lying. When this happens Bitcoin will move on to test the lower levels of support in the structure determined by the ascending-trend-line and the dynamic-support remaining there in blue, what is necessary then is that Bitcoin really holds this level and when it does it can convert into a further back-up and continuation movements otherwise when this does not happen Bitcoin can also increase bearishness below again. From a trading perspective, it is necessary to keep the patience and elevate how Bitcoin moves forward before rushing into trades otherwise it is also possible to take up more range trading as we already managed in the channel taking some solid profits.
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"Genius is eternal patience."
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Cardano, Develops Descending-Triangle, How A Breakout Emerges!Hi,
Welcome to this analysis about Cardano, we are looking at the 2-hour timeframe perspectives. Cardano in recent times is showing some interesting developments as it has formed this main descending-triangle-formation in the structure with the coherent waves A and B already completed within the wave-count and now moving on to form the wave C in the structure that will test the lower dynamic-support-zone marked in orange from where a sustainable bounce can show up and when this bounce is solid enough it can lead to a final breakout above the upper-boundary of the formation which will confirm it bullishly and will be the according to setup for further continuations to the upside to test the main upside-targets marked in blue from where the further dynamics need to be elevated and if Cardano manages to continue bullishly or firstly shows up with a pullback which will be not unlikely in this case.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"The key to success is to focus on goals, not obstacles."
Information provided is only educational and should not be used to take action in the market.
Litecoin, Develops Decisive Channel, Upcoming Determinations!Hi,
Welcome to this analysis about Litecoin, we are looking at the 2-hour timeframe perspectives. Litecoin for a more or less long time has decently held its structure above the 145 level above which it bounced and now formed this descending-channel-formation with the coherent wave-count and the major waves A to C almost already completed. What is also interesting here is this local triangle-formation marked in orange in which Litecoin consolidates which can be a proper origin for a substantial breakout. When this happens and Litecoin moves above the upper boundary of the triangle it will be the source for further developments and finally a potential channel-breakout above the upper-boundary which will complete it as a bull-flag and show up with further continuations to approach the upper-target-zone marked in blue from where the situation needs to be elevated anew and if Litecoin continues further or firstly pulls back.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"Good luck is when opportunity meets preparation."
Information provided is only educational and should not be used to take action in the market.
Ethereum, Potential Flag-Formation With These Developments!Hi,
Welcome to this analysis about Ethereum, we are looking at the 4-hour timeframe perspectives. In the last time Ethereum moved on to a more protracted stabilization in the structure, after such movements an increased volatile move either to the up or downside will set place and as I discovered now Ethereum is forming some interesting signs that can possibly indicate an upside breakout, therefore it is necessary that Ethereum shows up with the right price-actions. As when looking at my chart we can watch there how Ethereum has developed this main ascending-channel-formation with the coherent wave-count within the channel and the was A to C in the channel marking the major wave B within the wave-count. Besides that Ethereum has this preliminary important local descending-wedge-formation and when this formation completes bullishly to the upside this can be the appropriate source for further continuations however after this it will be highly necessary that Ethereum finally closes above the upper-boundary because before this does not happen the formation can still invalidate and when it happens the main wave C will form to test the upper levels.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"There are many roads to prosperity, but one must be taken."
Information provided is only educational and should not be used to take action in the market.
Bitcoin-Update, Initial Move Above, Scenarios Important Now!Hi,
Welcome to this update-analysis about Bitcoin, we are looking at the 2-hour timeframe perspectives, the recent events, the established formational structures, and what are likely scenarios to expect within the upcoming times. Since the recent analysis Bitcoin managed to move on with the initial bullishness as expected and develop this main wave E to test the upper ranges of the channel formation. Now it is highly important for Bitcoin to hold this zone and do not fall below the previous resistance again to hold this as support because when this happens and Bitcoin pulls back below this will invalidate the bullishness firstly and Bitcoin will minimum test lower levels in the structure. When Bitcoin now holds this triangular shape and builds up within this can lead to the right breakout which will be finally confirmed with Bitcoin breaking out above the upper boundary and closing there to move on further. For now, this scenario has a greater possibility nevertheless it is highly important to wait for the final confirmation before moving into the rightly confirmed direction, it will be an important development ahead.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"Trading effectively is about assessing possibilities, not certainties."
Information provided is only educational and should not be used to take action in the market.
BNB, Decisive Head-Shoulder-Formation, Given Potentials!Hi,
Welcome to this analysis about BNB, we are looking at the 12-hour timeframe perspectives. As already mentioned in previous analysis BNB on the more local perspectives has developed this ascending-channel where it is forming the coherent wave-count with the possibility to move on to the upside. Besides that on the more global terms, I discovered this major head-and-shoulder-formation BNB is forming now with the left shoulder and the head already completed, now BNB is about to form the right shoulder in the structure after which the final conclusions will come with BNB either confirming bullishly or bearishly. As BNB has still some good supports in the structure and also printing more bullish signs on the local terms a bullish breakout and confirmation of the formation has a higher possibility by 65% on the other side the bearish has a possibility of 35% nevertheless it is highly necessary to rightly elevate and keep patient for the final confirmation before moving into the concluded right direction, it will be an important development ahead.
In this manner thank you, everybody, for watching the analysis, will be great when you support it, and all the best!
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ETH, Initially Moved Below The Threshold, Main Perspectives!Hi,
Welcome to this analysis about Ethereum, we are looking at the 2-hour timeframe perspectives. Ethereum recently made an important move below this previously well-established ascending-trend-line where it bounced three times and with the fourth time it now moved below the line which is now a resistance that should not be underestimated together with the point-of-control resistance and the 500-EMA also serving as resistance, that is why in the upcoming times Ethereum will show up with the ability to move into this zone where a pullback will likely follow-up as these resistances are just too strong to keep by side. The main crucial conclusions will come after this as Ethereum will pull back further and test the lower levels of support mainly determined by the considerable support- and stabilization-zone where Ethereum has some solid supports lying from where a new bounce can emerge. After that, it will be important to elevate then if Ethereum has further potentials to come up with a final channel breakout.
In this manner thank you, everybody, for watching the analysis, will be great when you support it, and all the best!
Information provided is only educational and should not be used to take action in the market.
Bitcoin, In Decisive Channel-Formation, Important Perspectives!Hi,
Welcome to this analysis about BITCOIN, we are looking at the 2-hour timeframe perspectives. Bitcoin for a more or less long time is now mingling in this bottoming structure in which it firstly developed this triangle-formation and besides that now also as I discovered this descending-channel-formation with the wave-count within. It is likely that Bitcoin will form the wave E to the upside within the next times which will be crucial as Bitcoin will test the upper-boundary from where a pullback is likely to emerge however when Bitcoin has the ability to build up further bullish momentum in this structure it can lead to an upper breakout and a wave-E-extension. Considering this it is highly necessary that Bitcoin does hold the lower boundary at all and does not close below it because this will confirm the formation bearishly to the downside and show up with further declines minimum to the 36.000 USD level. For now, it is meant to elevate and see what Bitcoin is supposed to do before rushing into unsophisticated solutions as it is often seen in such situations.
In this manner thank you, everybody, for watching the analysis, will be great when you support it, and all the best!
Information provided is only educational and should not be used to take action in the market.
Bitcoin Cash, Developed Descending-Channel, Potential Breakout!Hi,
Welcome to this analysis about Bitcoin Cash, we are looking at the 4-hour timeframe perspectives. Bitcoin Cash has moved into an interesting constellation as it developed this main descending-channel-formation in the structure with the coherent wave-count within and the waves A to D almost already completed. Now Bitcoin Cash is moving forward with the protracted wave E that will complete the whole wave-count and when Bitcoin Cash manages to bounce within the confirmational-bounce-cluster marked in blue this can be the possible origin for a channel-breakout to the upside, therefore it is highly necessary that Bitcoin Cash rightly manages to bounce and show up with further bullishness to the upside, otherwise when falling below the lower boundary the bullish scenario can also invalidate, it will be an important development ahead.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"The high destiny of the market is to explicate, rather than to speculate."
Information provided is only educational and should not be used to take action in the market.
Ethereum, The Main Head-Shoulder-Formation Forming!Hi,
Welcome to this analysis about Ethereum, we are looking at the 12-hour timeframe perspectives. Since Ethereum has shown up with these heavy bearish declines it moved into a very important reference point that is for now still holding, which is the neckline of this big head-and-shoulder-formation with the left shoulder and the head almost already completed. As Ethereum is now about to finalize the whole head-and-shoulder-formation with the right shoulder in the structure the completion either to the up or downside will come and because Ethereum has some considerable supports lying in the structure determined by the neckline and the 200- as well as 65-EMA a bullish breakout to the upside has certainly a higher possibility than the one to the downside nevertheless it is highly important to await the final confirmations before rightly moving into this direction as the possibilities can alter also.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"Trading effectively is about assessing possibilities, not certainties."
Information provided is only educational and should not be used to take action in the market.
This Can Bring Bitcoin Initially Out Of The Double-Mill!Hi,
Welcome to this analysis about Bitcoin, we are looking at the 6-hour timeframe perspectives. Since the bearish breakdowns accelerated and moved into the 30000 USD level the bearishness has decreased and the trend slowed down with some interesting measurements so far. As I discovered Bitcoin is developing a significant descending-triangle-formation with the coherent wave-count within and the waves A to D almost already completed, with the wave B turned into a bear-flag and the wave D a triangle which is not unlikely in such a constellation. When Bitcoin now manages to complete the wave E with less increased dynamic and confirm the lower boundary as support this can lead to a dedicated breakout and completion of the descending-triangle, this can lead to an initial rally however does not mean Bitcoin is completely out of the woods as there is this main resistance-zone to be tested marked in red in my chart from where a pullback is not unlikely, it has to be elevated then how Bitcoin develops further in this case, for now, the still underlying bearish perspectives should not be kept by side nevertheless the formation can lead to the first momentum in bullish strength.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"The high destiny of the market is to explicate, rather than to speculate."
Information provided is only educational and should not be used to take action in the market.
Cardano, Further Wave To Develop With This Formation-Completion!Hi,
Welcome to this analysis about Cardano, we are looking at the 2-hour timeframe perspectives. Cardano in recent times managed to back up from its heavy bearish downside volatilities however it has to be noted these did not yet convert into a sufficient reversal and there are still strong remaining resistances Cardano has in the structure that should not be kept by side. Furthermore, Cardano has established this main ascending-triangle-formation with the coherent wave-count within and the waves A to D already completed, now Cardano will likely continue to form the wave E in the structure that will move directly into the upper resistance-cluster from where a pullback is likely to emerge. When this pullback then moves below the lower boundary this will be the setup for the further continuations and the development of the main wave C in the structure testing the lower considerable back-up-zone. For now the bearish perspectives should not be underestimated considering this dynamic.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"The high destiny of the market is to explicate, rather than to speculate."
Information provided is only educational and should not be used to take action in the market.
BNB, In A Possible Flag-Formation, Significant Perspectives!Hi,
Welcome to this analysis about BNB, we are looking at the 2-hour timeframe perspectives. BNB since showing heavy bearish breakdowns to the downside has formed some initial recoveries however these arent yet very strong. Besides that BNB has developed this main ascending-channel-formation with the coherent wave-count within and the waves A and B already completed. While BNB is forming now the main wave C in the structure it is important that it sustainably holds the lower boundary and bounces from there otherwise when this does not happen and BNB closes below this will lead to a bearish continuation and development to the downside. However, when BNB bounces to complete the wave count it will run directly into the upper-resistance and the major resistance-cluster lying there from where a pullback is highly likely and should be expected. The crucial price-actions will come after it with BNB either staying within the channel or confirming it as a bear flag which is not unlikely in this case.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"There are many roads to prosperity, but one must be taken."
Information provided is only educational and should not be used to take action in the market.
Ethereum, Time For A Dedicated Triangle-Breakout!Hi,
Welcome to this analysis about Ethereum, we are looking at the 2-hour timeframe perspectives. As already mentioned in previous analysis Ethereum already developed this major triangle-formation with a higher likelihood for a substantial upside-breakout. On the more local perspective now I discovered this further triangle giving more evidence for the breakout to show up within the next times. This is a symmetrical triangle above the ascending-support line and above the 100-EMA holding it as support. As Ethereum already completed the wave-count within the triangle the breakout is likely to emerge within the next times which will finally validate with the close above the upper-boundary and the continuation to the upside. An initial upside-target is within the 3233 levels from where the situations need to be elevated anew. When the breakout happens there will be also the targets of the bigger triangle in play.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"Trading effectively is about assessing possibilities, not certainties."
Information provided is only educational and should not be used to take action in the market.
Bitcoin, Initial Head-Shoulder-Formation, Upcoming Perspectives!Hi,
Welcome to this analysis about Bitcoin, we are looking at the 45-minute timeframe perspectives. Bitcoin on the more global perspectives is still in this main decision-zone where it has a higher possibility for upside-breakout testing remaining upper resistances. Now on the local perspectives, I discovered this interesting inverse head-and-shoulder-formation marked with the neckline in blue. When Bitcoin manages to hold the structure above the dynamic-support-zone marked in orange and finally breaks out above the neckline to close there as it is shown in my chart, this will be the setup for the further continuations to the upside and approaching of the head-and-shoulder-targets marked in my chart in blue at the 38360 levels from where the situation needs to be elevated anew and if Bitcoin manages to continue further bullishly or firstly shows up with a reversal which is not unlikely in this case, it will be an important determination ahead.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"Good luck is when opportunity meets preparation."
Information provided is only educational and should not be used to take action in the market.
Solana, Ascending-Channel, Potential Flag, Important Levels!Hi,
Welcome to this analysis about Solana, we are looking at the 4-hour timeframe perspectives. Since the serious bearish breakdowns Solana managed to back-up and test previously established resistance besides that I discovered this main ascending-channel-formation Solana has developed in the structure with the coherent wave-count within and the waves A to B already completed. Now Solana is about to form the main wave C in the structure that will run directly into the upper resistance-cluster marked in red from where a pullback is likely to follow up. The crucial part will come then with Solana either holding the channel-boundary and building up on it or moving below which will complete the channel as a bear-flag. For now it will be important to elevate on how Solana moves on further in the channel however in any case the bearish perspectives should not be underestimated here.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"Trading effectively is about assessing possibilities, not certainties."
Information provided is only educational and should not be used to take action in the market.
ICP, Triangle-Formation With Potential Breakout Ahead!Hi,
Welcome to this analysis about ICP, we are looking at the 4-hour timeframe perspectives. In recent times ICP has moved on to somewhat build a potential bottom in the structure besides that I discovered a interesting formation which is a descending-triangle-formation marked in my chart with the waves A to C almost already completed and now ICP is about to consolidate further in the structure building up for the breakout above the upper-boundary which will finally emerge when ICP moves above the upper boundary and closes there as it is marked in my chart to confirm the breakout-setup and show up with further continuations in which it will approach the upper target-zone from where the dynamic needs to be elevated anew. For now, it will be important how ICP manages the potential breakout as mentioned.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"Good luck is when opportunity meets preparation."
Information provided is only educational and should not be used to take action in the market.
Ethereum, Considerable Triangle-Breakout To Develop Next Times!Hi,
Welcome to this analysis about Ethereum, we are looking at the 4-hour timeframe perspectives. Ethereum in recent times managed to build up in the structure and as I discovered has formed a very interesting formation which is this ascending-triangle-formation with the coherent wave-count within and the waves A to D already completed with Ethereum holding sustainably above the 460-EMA in red. Now when Ethereum manages to continue to develop the wave E within the wave-count and breakout above the upper boundary with it, this will be the proper setup for the further continuations to the upside and approaches of the upper target-zone lying around the 3680 levels. When Ethereum reaches out these zones it has to be elevated how Ethereum will proceed after it and if there comes a potential continuation or Ethereum firstly reverses which is a more likely scenario in this case, for now, it will be important on how Ethereum proceeds with the breakout for further continuations.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"The key to success is to focus on goals, not obstacles."
Information provided is only educational and should not be used to take action in the market.
Crucial Scenarios Upcoming Important In Bitcoins Structures!Hi,
Welcome to this analysis about Bitcoin, we are looking at the weekly timeframe perspectives. As already mentioned in the former analysis Bitcoin has this main triangle in the structure from where it has the ability to develop a sustainable breakout and continue with further bullish alignments however it should not in any case kept by side that Bitcoin has major resistance above in the structure marked in red which needs to be taken out sustainably for Bitcoin to develop a serious continued bullish pace. When this does not happen and Bitcoin pulls back from the resistance this can move Bitcoin below the important supports marked in blue and the 45-EMA. Depending on how strong the pullback shows up this can lead to a bearish continuation till the next main support determined by the previously established all-time-high zone from where Bitcoin has the ability to stabilize anew. Although Bitcoin moved into a highly oversold condition and is building this triangle to build upon these scenarios showing up when Bitcoin increases with bearishness should not be underestimated and as traders, we should be prepared to not get overwhelmed by circumstances as it happens often these times.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"The high destiny of the market is to explicate, rather than to speculate."
Information provided is only educational and should not be used to take action in the market.
Polkadot, Decisive Channel-Formation As Potential Bear-Flag!Hi,
Welcome to this analysis about Polkadot, we are looking at the 2-hour timeframe perspectives. Polkadot since the bearish breakdowns has somewhat managed to increase initially recover in the structure however there are still strong resistances lying beside that Polkadot has formed this ascending-channel-formation with the coherent wave-count within and the waves A and B already formed. Now when Polkadot continues with the wave C within the next times this will lead directly into the remaining upper resistance-cluster from where a pullback is highly likely and when this pullback closes below the lower boundary of the channel it will be the confirmation of the channel-formation as a bear-flag with the further continuations to the downside, therefore the bearish perspectives should not be kept by side here and it is necessary to be prepared on such possible changes in direction as they can happen more swiftly than expected.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"Trading effectively is about assessing possibilities, not certainties."
Information provided is only educational and should not be used to take action in the market.
XRPUSD, Develops Crucial Triangle, Important Considerations!Hi,
Welcome to this analysis about XRPUSD, we are looking at the 4-hour timeframe perspectives. XRPUSDs negative correlation to the other major cryptocurrencies like Ethereum or Bitcoin increased in the last volatile developments, these divergences are necessary to distinguish. Technically XRPUSD has now formed this main ascending-triangle-formation which is normally a reversal formation, within the triangle XRPUSD has already completed the waves A to D in the structure and is now about to form the wave E in the triangle which will complete the whole wave-count and therefore also the ascending-triangle-formation. After this is done when XRPUSD closes below the lower boundary of the formation as it is shown in my chart this will be the setup for the further continuations to the downside and approaches of the descending-support-line and the dynamic supports lying there, for now, the bearish scenario should not be underestimated.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"The high destiny of the market is to explicate, rather than to speculate."
Information provided is only educational and should not be used to take action in the market.