Litecoin, Builds Inverse H-S-Formation, Determinations Ahead!Hi,
Welcome to this analysis about Litecoin, we are looking at the 2-hour timeframe perspective. Since Litecoin recently showed up with increased bearish volatility to the downside it somewhat recovered in the structure and formed this main inverse head-and-shoulder-formation with the left shoulder and the head already formed. Now is Litecoin about to form the right shoulder in the schedule that will complete the whole formation and show up with a bullish breakout above the neckline, this will complete the whole formation and will lie coherent ground for the next continuations. When Litecoin finally completes the whole formation rightly in the schedule it will point to the upside targets from where the situation needs to be elevated anew.
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.
Vinceprince
XRPUSD, Triangle-Formation Forming, Upcoming Perspectives!Hi,
Welcome to this analysis about XRPUSD, we are looking at the 2-hour timeframe perspective. Since XRPUSD moved strongly bearishly to the downside it has formed a triangle-formation marked with the black boundaries in my chart, within this formation XRPUSD almost finished the coherent wave-count and the next times will show if XRPUSD either manages the upside-breakout which is more likely for now or the bearish one. The importance here is to wait for the proper validations before finally moving in the right direction rather than to rush into trades that do not satisfy, even when XRPUSD completes the triangle bullishly there is a major resistance given which is likely to show up with a pullback firstly.
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, Testing Resistance, Important Scenarios To Consider!Hi,
Welcome to this analysis about Ethereum, we are looking at the 2-hour timeframe perspectives. Ethereum in recent times surprisingly has shown up with some bullish moves that developed with important volatility with Ethereum testing the previously established resistance marked in red, this resistance is likely to first be the origin of a pullback testing the lower levels of support as marked, when Ethereum then manages to bounce and stabilize in the structure this can lead to an upside-breakout with the proper continuations ahead otherwise when this does not happen and Ethereum moves below this will give the indication for more bearish pressure to the downside, these are the main scenarios important in the upcoming times.
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, Develops Triangle-Formation, Given Possibilites!Hi,
Welcome to this analysis about Bitcoin, we are looking at the 2-hour timeframe perspective. Bitcoin the recent times moved into a precarious situation because it has developed with these strong bearish declines that should not be underestimated, it is not seldom seen that the market sets up to continue. Now Bitcoin is forming this decisive triangle-formation marked with the black boundaries, the bullish breakout has a slightly higher possibility however the key here is the proper confirmation either to the up or downside, even when Bitcoin manages the upside breakout there is a strong resistance lying likely to show up with a pullback that can move Bitcoin to lower levels again, it will be an important development.
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.
Cardano, In Channel-Formation, These Are Important Zones!Hi,
Welcome to this analysis about Cardano, we are looking at the hourly timeframe perspectives. As Cardano since forming its tops has shown up with bearish price-action it developed this descending-channel-formation marked in my chart, in this channel-formation, Cardano has the coherent wave-count with the waves A and B already complete and now with the wave C about to form in the schedule. This wave C will move on to the lower levels of support marked in my chart in blue, these levels are highly important to hold considering any bullish stabilization because when Cardano moves below this will lead to the bearish continuation much more protracted and invalidation of the upside-channel-breakout.
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, Testing Remaining Zones, Upcoming Scenarios!Hi,
Welcome to this analysis about Ethereum, we are looking at the daily timeframe perspectives. As when looking at my chart we can watch there Ethereum build this massive ascending-channel-formation with the accumulational and distributional ranges recently pulling back heavily from the distributional range after moving a second time into it. Now Ethereum has some good further supports given in the accumulational range ahead however it is highly important to bounce from there and in this case, mark the origin of the wave D otherwise when this does not happen and Ethereum closing below this will lead to increased bearish pressure to the downside and exaggeration as well as protraction of bearishness with bullish invalidation.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"Trading effectively is about possibilities, not certainties."
Information provided is only educational and should not be used to take action in the market.
Bitcoin, Main Channel-Formation, Determining Considerations!Hi,
Welcome to this analysis about Bitcoin on the daily timeframe perspective. In recent times Bitcoin is has formed several moves to the up and to the downside forming this main ascending-channel-formation with the coherent wave-count within and with the waves almost completing with wave E the next times, this wave E can move some more to the downside however when Bitcoin can not hold the lower boundary zone marked in orange and finally bounce there substantially this will lead to a bullish invalidation and increase of bearish pressure otherwise when Bitcoin manages to bounce within the testing of remaining resistances will come up which will be crucial for stabilization as there are significant resistances still given.
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.
Bitcoin Cash, In Decisive Wedge-Formation, How It Can Complete!Hi,
Welcome to this analysis about Bitcoin Cash, we are looking at the 30-minute timeframe perspective. As Bitcoin Cash has shown up with important initial bearish declines to the downside it now somewhat shown up with some bounces, these bounces however arent not really strong and a full reversal for now. Besides that Bitcoin Cash has formed this ascending-wedge-formation with the coherent wave-count within almost already completed. When Bitcoin Cash now moves below the lower boundary with this bearish price-action as seen in my chart this will lead to the continuation and testing of lower supports as marked in blue from where the situation needs to elevate anew, for now the bearish perspective should not be underestimated.
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.
LINKUSD, Potential Channel-Breakout When This Validates!Hi,
Welcome to this analysis about LINKUSD, we are looking at the 6-hour timeframe perspective. LINKUSD in the last times is one of the more volatile pairs in the market as it is still moving in a more or less sideways range this will complete into the main breakout to show up sooner or later. When LINKUSD manages to stabilize further in the structure and confirm the back-up-cluster in blue as sustainable support this can lead to a breakout above the upper-boundary, such a price-action will be the origin of the wave-C-extension to the upside. Taking this into consideration it is highly important that LINKUSD holds the range and does not move below the lower supports because such a price-action can invalidate bullishness firstly.
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.
ETH, When This Formation Completes Remaining Zones To Be Tested!Hi,
Welcome to this analysis about Ethereum, we are looking at the 30-minute timeframe perspective. Since Ethereum has shown up with paramount bearish declines in the last times it somewhat recovered and testing previous levels, this recovery however is not yet fully strong and as marked in my chart Ethereum has this major resistance-cluster in the structure where several resistances coming together likely to show up with a pullback which will continue when Ethereum completes this ascending-triangle-formation. When this happens Ethereum will move on and test the lower levels of support marked in blue from where the situation needs to be elevated anew as these are very important zones to hold sustainably.
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, Why Bearish Alignments May Not Yet Have Ended Already!Hi,
Welcome to this analysis about Bitcoin, we are looking at the 12-hour timeframe perspective. As mentioned already in previous analysis Bitcoin on the global perspective had to set up sooner or later for a bigger pullback, these bigger pullbacks have now shown up or it is the beginning of it, especially when looking at the volume with which this sell-off occurred it should not be underestimated as it is not seldom seen that after such heavy volatility and volume the market develops further continuation, in such situations, it is important to do not over-speculate into one direction only and see things as they are because market environments keep changing and especially in cryptocurrency where these changes occur swiftly and fastly.
As when looking at my chart we can watch there how Bitcoin fully completed this major ascending-wedge-formation which was the important turning-factor in this whole structure, now Bitcoin remains below the meaningful 65-EMA and below the lower boundary of the wedge-formation which are strong resistances right now and it is not unlikely that Bitcoin pulls back bearishly to the downside when moving into the resistance-cluster marked in red. When this happens and Bitcoin shows up with a bearish pullback below the previous lows this will move Bitcoin to test the lower zones of support from where the market needs to stabilize and back-up otherwise a further continuation is still possible.
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.
Cardano, Established Massive Channel, These Are Decisive Zones!Hi,
Welcome to this analysis about Cardano, we are looking at the 6-hour timeframe perspective. Recently Cardano on the local timeframe has shown up with bearish volatility and testing the lower boundary of the massive channel marked in my chart. Now as Cardano has some good supports lying within the boundary and also the 140- to 160-EMA this will lead to initial bounces testing the remaining resistances. When Cardano then stabilizes in the structure as seen in my chart to finally move above this main descending resistance this will lead to further developments and bullish continuations otherwise when this does not happen and Cardano develops further bearishness this will lead to a bearish pressure increase below the boundary.
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.
XRPUSD, In The Channel-Formation, Upcoming Perspectives!Hi,
Welcome to this analysis about XRPUSD, we are looking at the 2-hour timeframe perspective. As XRPUSD recently continued with a bearish move to the downside it has found support in the 200-EMA and the lower-boundary of the descending-channel marked in my chart where it now initially bounced and will move on to test the remaining resistances within the S/R-level as marked in my chart, after that it will be necessary to keep patient on the right confirmations either with XRPUSD managing to increase with bullishness in the structure finally forming a channel-breakout above the upper-boundary or with XRPUSD moving below the EMAs which will lead to a wave-E-extension, these main scenarios are crucial next 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.
Ethereum, Bearish Volatilites Testing Prior Established Support!Hi,
Welcome to this analysis about Ethereum, we are looking at the 4-hour timeframe perspective. Ethereum recently has shown up with heavy bearish alignments to the downside almost exaggerating after completing the top-formation it has formed. Now Ethereum moved on to test the important support-zone it has formed before marked in blue in my chart, in this structure Ethereum will move on to test the upper resistances as it is marked in my chart in the red resistance-cluster from where pullbacks are likely, the important decisions will come when Ethereum completes the wave C and either manages to increase bullishness further or shows up with bearish pressure that will move into a wave-C-extension, these are the meaningful scenarios upcoming.
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, Since Massive Long-Liquidations, Crucial Scenarios Now!Hi,
Welcome to this analysis about Bitcoin, we are looking at the 6-hour timeframe perspectives. In the last 24 hours massive long-liquidations have taken place in Bitcoin, it was the highest volume of liquidations seen so far in 2021 and it was great for us in the VIP channel to enter rightly on the short-side before these heavy bearish volatilities have shown up. These events determine one more time how volatile the cryptocurrency market keeps and that it is necessary to right evaluate these changes in direction and prepare on it with the right line-up as the market can change swiftly and fastly like it is in no other asset class, this is why a long-only-approach will not properly serve when the market shows up with bearish alignments like it was the case here.
As when looking at my chart we can watch there how Bitcoin now recently with the bearish volatility moved into this main ascending-trend-line where it firstly confirmed support also in the 300-EMA, now it is likely that Bitcoin will test the upper resistances from where a pullback firstly should be expected the crucial part then comes when Bitcoin moves on with the wave C to test the remaining support levels as marked with the orange box, when Bitcoin manages to bounce sufficiently within this zone and move higher possibly into the bullish-stabilization-zone that can lead to further bullish approaches, otherwise when this does not happen and Bitcoin increases bearish pressure this will lead to a wave-C-extension below this zone.
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.
Stellar Lumen, About To Form A Flag-Formation-Breakout!Hi,
Welcome to this analysis about Stellar, we are looking at the 4-hour timeframe perspective. Stellar is one of the more volatile currencies in the last times within the cryptocurrency market and as I discovered now it is forming this important descending-channel in which it already completed the wave-count A to C in the structure and bounced within the lower supports and EMAs lying there, when Stellar now manages to breakout above the upper-boundary this will be the proper continuation-setup and completion of the formation as a bull-flag. Realistic target-zones lying in the dynamic-target-zone marked in blue in my chart then, when Stellar reaches these zones it needs to be readjusted if a bullish continuation right away is possible or firstly pullbacks show up.
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.
XRPUSD, Further Continuations When This Breakout Completes!Hi,
Welcome to this analysis about XRPUSD, we are looking at the hourly timeframe perspective. As mentioned in previous analysis XRPUSD completed the triangle bearishly to the downside and bounced from the downside targets now initially, furthermore it has developed this descending-channel-formation in which it completed the coherent wave-count and is now testing the upper boundary with the new wave-count to the upside, when XRPUSD now stabilizes further in the structure and finally manages to break out above the boundary this will lead to further continuations and protraction of the wave C to the upside finally testing the upper blue resistance-zone from where the situation will decide further.
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 Breakout When This Formation Completes!Hi,
Welcome to this analysis about Ethereum, we are looking at the 4-hour timeframe perspective. Since Ethereum recently managed to initially bounce in the structure this can be the origin for further continuation when Ethereum manages to stabilize with bullish price action, Ethereum has formed this ascending-channel-formation marked with the black boundaries, when Ethereum manages to breakout above the upper-boundary this will lead to a wave-C-extension with testing of the upper resistances, in this case, it will be necessary to elevate how Ethereum approaches further and if there can come a bullish continuation or Ethereum firstly sets up for bigger pullbacks, 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!
"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, Descending-Channel, How Decisive Breakout Determines!Hi,
Welcome to this analysis about Bitcoin, we are looking at the hourly timeframe perspectives. As already mentioned in previous analysis Bitcoin had some sufficient supports lying in the 60500 regions which now confirmed as such and Bitcoin initially bounced there, besides that I discovered Bitcoin forming the descending-channel-formation with the coherent wave-count from A to C already completed as marked in my chart. Now when Bitcoin manages to stabilize further below the boundary to finally show up with a breakout as shown in my chart this will lead to further continuations and testing of remaining resistance, it will be important how Bitcoin approaches these as there can come further bullish developments when Bitcoin closes above resistance.
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.
BNBUSD, Main Triangle, How A Solid Breakout Develops!Hi,
Welcome to this analysis about BNBUSD, we are looking at the hourly timeframe perspective. The cryptocurrency market divergence between the currencies is increasing, this is why there are more bullish currencies while others forming bearish structures. With BNBUSD I detected this descending-triangle-formation with the coherent wave-count from A to E that already completed recently and BNBUSD bounced from the confirmational support to the upside. When BNBUSD now finally manages to break out above the upper boundary of the formation this will lie ground for the next continuations to the upside and targets activated firstly at around the 600 level, when BNBUSD reaches out there the situation needs to be elevated anew.
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.
XRPUSD, Completes Triangle, Further Pullbacks Possible Now!Hi,
Welcome to this analysis about XRPUSD, we are looking at the hourly timeframe perspective. As already mentioned and shown in previous analysis XRPUSD formed this ascending-channel that had a high possibility to confirm as a bear-flag which initially happened now. Besides that XRPUSD has also developed this triangle-formation marked with the boundaries in black, XRPUSD already completed the wave-count within the formation and moved below the lower boundary this is indicating the continuation to the downside as the triangle completed, this does not mean XRPUSD is completely bearish also on global perspectives as there are lying some supports from where XRPUSD has the ability to back-up again however it is necessary that XRPUSD holds these levels.
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.
ETH, Decisive Reversal When Formation Completes, Scenarios!Hi,
Welcome to this analysis about Ethereum, we are looking at the hourly timeframe perspectives. In recent times Ethereum managed to show up with higher highs however it also moved into a serious overbought condition, besides that Ethereum is developing this broadening-wedge marked in my chart. Mainly there is two possible scenarios each one indicating a decisive reversal and continuations to test lower levels, either Ethereum breaks below the lower boundary which will show up with further bearish pressure or Ethereum firstly manages to hold the support to continue with the wave-count into the upper resistance-level from where the reversal establishes and completes the formation, in either case, the bearish perspectives should not be kept by side here.
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.
BTC, Completes Prospected Alignements, Next Perspectives Now!Hi,
Welcome to this update-analysis about Bitcoin, looking at the 6-hour timeframe perspective. If you did not see the origin-analysis already I highly recommend it to watch to have a full-depth-overview. Now as Bitcoin rightly completed the bullish breakout and continuation into the upper dynamic-target-zone where it completed the wave-count and shown up with the expected pullbacks it is pointing to the lower levels of support marked in my chart with the blue box where several supports coming together, when Bitcoin manages to bounce in this zone it will be the great source for the next wave E to the upside however it is necessary that Bitcoin really holds and bounces in this level because a close below can indicate further bearish pressure.
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.