XRPUSD, Developed Massive Channel, Further Determinations!Hi,
Welcome to this analysis about XRPUSD, we are looking at the 12-hour timeframe perspectives. XRPUSD in the more global perspectives recent times has shown up with exceptionally high volatility to the upside as it managed to break out of its consolidation period and move through remaining resistances like butter. Now as these volatilities have shown up XRPUSD is mingling in its structure and there is a high possibility that XRPUSD has the ability to continue with its establishes structures as I also discovered a decisive formation XRPUSD is developing, therefore I detected all the important levels and likely destinies we should consider in XRPUSD developed maintaining and upcoming determinations.
Structural Developments:
The last times since XRPUSD has shown up with these strong bullish moves it moved into the equilibrium range marked in my chart in orange from where initial pullbacks on the short-term shown up which were not unlikely in this case. Now XRPUSD is about to form this somewhat of a flag-formation or a broadening-wedge in its structure where it has some solid supports lying lower marked with the blue back-up-cluster, when XRPUSD manages to bounce in these zones it will be the proper set-up for the further bullish developments and continuations, in this case, it is highly necessary that XRPUSD does not show up with bearish pressure moving below the supports which can invalidate bullishness however this is not the most likely scenario.
Upcoming Determinations:
As XRPUSD has shown up with these solid bullish edges these can continue when XRPUSD shows up with the suggested circumstances, when XRPUSD manages to bounce then and continue further it will protract the bullishness and point to the upside targets to be reached, these are lying mainly in the upper-boundary and the dynamic-target-zone lying there marked in my chart in blue. When XRPUSD approaches these zones it will move into a highly overbought condition where a pullback is not unlikely. For now, it will be necessary to elevate how XRPUSD continues with the established bullish pace however it is also important to distinguish XPRUSD from certain other currencies as not each is building such bullish structures.
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.
Vinceprince
Ethereum, Channel-Formation, How A Sufficient Breakout Emerges!Hi,
Welcome to this analysis about Ethereum, we are looking at the 4-hour timeframe perspectives. Ethereum the last times developed some very interesting price-actions as it managed to break out above its previously established structure and form new all-time-highs in correlation the major Bitcoin still stayed in its range and did not already form new highs, this is important to assess as also primarily the divergence between the currencies is increasing. Now in Ethereums established structure, I discovered some very decisive frameworks that have the ability to show up with a worthwhile breakout when Ethereum manages to validate the right price-actions, therefore I detected all the important levels and likely destinies we should consider.
Structural Developments:
As when looking at my chart we can watch there how Ethereum has now established this main descending-channel-formation marked with the boundaries in black, within this channel-formation, Ethereum has a coherent wave-count with the waves A and B already developed in the schedule, and now as Ethereum approaches the upper boundary of the channel it is likely to be the origin of the wave C to the downside that will protract and move on till there is support found in which Ethereum has the ability to stabilize and back-up again to settle up for a potential upside-breakout above the upper boundary of the main descending-channel-formation as it is shown in my chart.
Upcoming Determinations:
With Ethereum already in recent times forming new highs, this ability is given when Ethereum finally manages to complete this main structure rightly, therefore it is necessary that Ethereum bounces from the lower zones of support and manages to continue bullishly from there. When such a price-action shows up and Ethereum then closes above the upper-boundary it will be the validation of the breakout and activation of upside-targets with new highs to form in the structure. For now, it will be necessary to elevate how Ethereum continues to establish itself further here to do not just rush into unsatisfying trades and overspeculate the market into a one-sighted direction, this is necessary to take up the right direction appropriately.
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.
BTC, MACD-Divergence And H-L-Structure Indicate Key-Protraction!Hi,
Welcome to this analysis about Bitcoin, we are looking at the daily timeframe perspectives. Since a more or less long time Bitcoin is in a phase where it searches a trend in the proper determined direction, in such situations it is necessary to do not just into trades because that is barely satisfying when it is not done on the more local timeframes and in a less big frame. Now as Bitcoins contraction goes on I discovered some very interesting signs that can alter the dynamic into a more major volatile move that will approve further directions, therefore it is necessary to assess which direction has the higher possibility this means also keeping the reverse perspective in the watch.
High-Low-Structure And Hidden Bullish Divergence:
The main ascending-channel-formation Bitcoin is trading in that is marked in my chart by the dashed black trendlines has an important structure within because Bitcoin over the last weeks and months formed this volatile structure in which it marked several higher highs and higher lows in the schedule, such a structure is normally indicating a higher high to establish again after the next lower high formed. Additionally, Bitcoin has a coherent MACD structure underlining this pre assumption as the MACD is forming lower lows together with the high-low-structure by Bitcoins price-action this is marking a hidden bullish divergence that can indicate the volatile move upcoming to establish bullishly.
Important Scenarios And Upcoming Perspectives:
With Bitcoins established structures, there is a good possibility given that a major breakout will happen sooner or later as Bitcoin shows up with these abilities therefore when Bitcoin finally manages to break out above the local descending-resistance-line into the breakout range marked in green in my chart this will be the confirmation for the next bullish continuations and the next higher high to develop in the schedule. Therefore it is necessary that Bitcoin does not show up with increased exceptionally high bearish pressure which can invalidate these conclusions. For now, it will be important to elevate how Bitcoin shows up with potential volatility and how the breakout can primarily emerge, it will be an interesting 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.
Ethereum-Update, Since Bearish Conclusion, Further Perspectives!Hi,
Welcome to this Update-Analysis about Ethereum, we are looking at the local 30-minute timeframe perspective. Since the previous analysis, Ethereum showed up with the bearish conclusions and finally moved below the lower boundary of the channel to complete it heavily bearishly and therefore also finalize the whole double-top to continue with bearish pressure and reach the lower levels of support finally, if you did not see the origin-analysis already I highly recommend it to watch to have a full-depth-overview. Now as Ethereum has shown up with all these developments I discovered further important structures and scenarios that will determine Ethereum's upcoming destinies, therefore it is necessary to elevate the certain validations.
Structural Developments:
Since Ethereum bounced from the lower-supports which served also as initial targets of the bearish breakdowns it moved on to test remaining resistances however did not now totally moved through these resistances and firstly pulled back from there with Ethereum now building this local ascending-channel-formation marked with the boundaries in dashed trend-lines, this channel is a very important reference-channel and above the 200-EMA marked in red Ethereum has the bullish-stabilization-zone where the ability is given that Ethereum shows up with further bullish stabilizations and continuations with a close above the EMA when this does not happen and Ethereum pulls back this will lead to first initial testing of remaining lower levels.
Upcoming Determinations:
It is important now in the current situation to elevate the proper alignments before rushing into trades therefore when Ethereum pulls back now heavily in the structure and moves to the lower levels where it closes below the lower support this will indicate the bearish continuation otherwise when this does not happen and Ethereum manages to stabilize further to finally breakout above the EMAs this will be the indication for further stabilizations. It is important now to keep patient on either one of these two scenarios to finally move into the determined direction before just overspeculating the market into one direction only, it will be important developments 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.
Litecoin, Potential Flag-Formation, Important Perspectives!Hi,
Welcome to this analysis about Litecoin, looking at the local 30-minute timeframe perspective. As already mentioned in previous analysis on the global perspective Litecoin trades in the main ascending-channel which can show up with a breakout when Litecoin manages to develop the right price-actions. On the more local perspectives now I discovered a decisive formational structure that can lie ground for the upcoming determinations, therefore it is necessary to do not take the bearish perspectives out of sight yet as these are still given and Litecoin can possibly develop the next wave to the downside, therefore I detected all the important levels and likely destinies we should consider.
Structural Developments:
Litecoin in recent times after bouncing from the given supports has set up this ascending-channel-formation in the structure, in this ascending-channel Litecoin has the coherent wave-count with the waves A and B already completed, and with the wave C now about to form in this case Litecoin has strong resistances lying above the in structure marked in my chart in red from where a pullback is highly likely and should be expected, it is rather not highly possible that Litecoin moves through these resistances right away on the other side when Litecoin finally breaks out below the lower boundary of the ascending-channel this will complete it as a bear-flag and indicate further bearish pressure to the downside.
Upcoming Determinations:
The next times will be mainly decisive for Litecoin because it will show how Litecoin reacts to the remaining resistances where pullbacks have a very likelihood which should also be expected. Nevertheless, this does not mean Litecoin is completely bearish as there are still important levels of support lying on the global perspective as well as the local perspective. The initial zones of support are given in the descending-trend-line marked in my chart in black where also the support-cluster in blue is lying, it will be necessary to elevate how Litecoin approaches these zones and if there comes a bounce or continuation to the downside, these two scenarios will determine further developments then.
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.
XRPUSD, Develops Channel-Formation, These Scenarios Important!Hi,
Welcome to this analysis about XRPUSD, we are looking at the local 30-minute timeframe perspective. The expected bearish breakdowns I mentioned in the previous analysis initially shown up and XRPUSD moved into the lower zones of support to firstly bounce to the upside. Now in this whole structure I discovered some very important structural developments XRPUSD is forming that will determine the upcoming outcomes in a decisive manner, therefore it is important to explicate that XRPUSD has several ways to go, and therefore it is necessary to keep patient on the proper confirmations, therefore I detected all the important levels and likely destinies we should consider in the established structure and upcoming movements ahead next times.
Structural Developments:
Since XRPUSD bounced from the remaining supports to the upside it has formed a triangle-formation in the structure which also recently has shown up with a breakout to the upside with some bullish volatility where it is now above the upper boundary of the triangle and above the 65-EMA in green which gave the edge for further continuations. Therefore XRPUSD will likely continue to the upside till it reaches the distributional range from where a next distribution firstly is likely. When XRPUSD shows up with the distribution then it will move on till the lower levels where the next accumulation can take place, such a movement will also confirm the main underlying wave-count in the structure.
Upcoming Determinations:
When XRPUSD continues with the price-actions as suggested in the next times it will be finally important of how it completes the wave-count and therefore how it maintains to bounce in the lower zones of accumulation, when XRPUSD manages a sufficient bounce, in this case, it can be the origin of a great channel-breakout which will emerge when XRPUSD finally moves above the upper boundary of the formation as it is marked in my chart, such a price-action will confirm the bullish descending-channel-breakout and will activate further continuations to the upside with approaching upside-targets, for now, it will be necessary to keep patient and elevate how XRPUSD develops under these circumstances.
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.
Bitcoin, Wedge-Formation, How It Converts Into A Breakout!Hi,
Welcome to this analysis about Bitcoin, looking at the local 2-hour timeframe perspective. As Bitcoin on the more global perspectives moved on to test important remaining resistances from where it firstly pulled back and is now somewhat setting up for further price-action I discovered a decisive formation Bitcoin is now developing that will be worthwhile in the upcoming determinations especially when it completes it can show up with some valuable breakouts that can possibly lead to new highs, therefore it is necessary that Bitcoin establishes further with the right alignments and does not indicate price-actions that can invalidate the whole structure and formation again.
Structural Developments:
When looking at my chart we can watch there how Bitcoin has now developed this main descending-wedge-formation marked with the boundaries in blue, in this formation Bitcoin has a coherent wave-count in which it already completed the waves A to C in the schedule and is now setting up to form the wave D that will move on and directly run into this remaining resistance-cluster Bitcoin primarily has in the upper-boundary of the formation, when Bitcoin pulls back in this cluster bearishly to the downside it will be the origin of the wave E to the downside which will finalize the whole wave-count and will approach the lower levels of support from where the whole formation can complete as the wave-count finalizes in supports.
Upcoming Determinations:
With Bitcoin trading in such a constellation, it is important to keep patient and wait for the conclusive price-actions that will finally complete this formation, therefore it is necessary that Bitcoin sufficiently bounces within the lower back-up-cluster and when this happens with Bitcoin bouncing above the upper boundary of the formation the whole formation will be completed with activation of further continuations and Bitcoin will move on to test the remaining upper resistances again. Taking all these factors into the consideration it is necessary that Bitcoin does not show up with increased bearish pressure again because such a price-action can invalidate the whole formation with Bitcoin moving below the lower levels of support.
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.
INVERSE Head & Shoulders forming for DODO/USDTBINANCE:DODOUSDT Doesnt get any simpler than this ladies and gents.
enter carefully and HODL for the models $12
SHOUTOUT to
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you guys are the real MVPS
I appreciate all your time and effort that you dedicate for the traders.
Thank you
LTCUSD, Main Channel-Formation, How Sufficient Breakout Emerges!Hi,
Welcome to this analysis about LTCUSD, looking at the 4-hour timeframe perspective. Litecoin in recent times is in a more or less volatile state in which it has shown up with several bounces to the up as well as to the downside, after such movements a major decisive volatile move will come up sooner or later that will lie ground for the further determinations, therefore it is necessary that Litecoin shows up with the right price-actions and when it does this can lead to solid breakouts. And in this case, I discovered all the important levels and likely determinations we should consider within the established structure and upcoming movements.
Structural Developments:
The main ascending-channel-formation shown in my chart marked with the black boundaries is the major reference-point Litecoin is developing in its structure, within this ascending-channel Litecoin has the coherent wave-count and almost already completed the waves A to C in the schedule, as Litecoin is now running directly into the upper boundary of the channel there is likely to come to a pullback to the downside that will test the lower levels in the structure from where Litecoin has the ability to back-up and bounce to the upside when this happens properly and Litecoin manages to show up with the right bullish alignments this can lead to a breakout and wave-C-extension.
Upcoming Determinations:
As when considering the main structure LTCUSD has established this is a structure on which LTCUSD has the ability to build on and show up with the great breakouts once it closes above the upper-boundary and shows up with further bullish continuations. When this does not happen and Litecoin closes below the lower-boundary this will initially invalidate the whole bullish structures and will show up with further testing of lower levels nevertheless this is not the most likely scenario to consider because the bounce to the upside is more likely in comparison to the already established bullishness, when LTCUSD shows up then with the breakout realistic targets will lie at the 270 zone, it will be an interesting development.
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.
XRPUSD, Finalizes Broadening-Wedge, Upcoming Objections!Hi,
Welcome to this analysis about XRPUSD, we are looking at the local 15-minute timeframe perspective. XRPUSD is definitely one of the main volatile currencies in the cryptocurrency market these times as its bullish exaggerations moved strongly above remaining resistances however in such circumstances it is necessary to realize the overbought conditions in which price-actions maintain, with XRPUSD this is important because the volatility can also reverse more swiftly in such situations, this does not mean XRPUSD is completely bearish however it is necessary to properly assess such dynamics to rightly line-up and do not overspeculate the market into a one-sighted direction as it is often seen these times.
Structural Developments:
When determining XRPUSD current situation we can watch there in my chart this main broadening-wedge-formation that XRPUSD has formed with the coherent wave-count in the formation which already recently completed and after XRPUSD failed to form a new high XRPUSD bounced below the lower boundary to close there, this price-action completed the whole broadening-wedge-formation bearishly to the downside and for now XRPUSD is about to fully validate this breakout with the confirmational flag it is forming below the lower boundary which is actually the setup for the further bearish continuations and development to the downside, this is also confirming to the dynamic markdown-wave C in the wave-count to the downside as it is shown.
Upcoming Determinations:
In recent times XRPUSD managed to show up with great upside volatility on the global perspectives however on the more local perspectives XRPUSD now initially developed this reversal set-up from where XRPUSD is primarily likely to continue firstly into the potential backup marked in my chart in blue where several supports coming together and therefore is a possible zone to maintain a considerable reversal however when this zone does not hold and XRPUSD continues with bearishness to close in the bearish-continuation-zone this will give the edge for further bearish continuations and lower levels to be reached and tested, therefore it will be necessary to elevate on how XRPUSD approaches these dynamics.
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.
Ethereum, This Head-And-Shoulder About To Complete Downward!Hi,
Welcome to this analysis about Ethereum, looking at the 30-minute timeframe perspective. The cryptocurrency market divergence is increasing especially in these times, this is why there are currencies showing a bullish edge while others are neutral or forming certainly bearish constellations, these divergences are important to assess as the market environment changed and keeps changing because it is not what it was one time back in 2017 where just everything went into one direction only. With Ethereum on the local timeframe perspective, there is developing a higher bearish constellation as I discovered Ethereum is about to complete this decisive formation within the next times.
Structural Developments:
In this manner as when watching my chart, we can see there how Ethereum is forming this main head-and-shoulder-formation marked with the neckline in blue, in this head-and-shoulder-formation Ethereum almost already completed the left shoulder and the head in the schedule and is now only a few steps away to complete the right shoulder which will finalize the whole head-and-shoulder-formation. The final confirmation will establish when Ethereum moves below the neckline and closes also below the 160-EMA in red as well as the 140-EMA in green as it is marked in my chart, such a price-action will be the origin for the further continuations and movements to the downside with activation of targets.
Upcoming Determinations:
Ethereum is trading in a structure where the bearish breakout to the downside has a much higher possibility and should be expected to show up within the next times, there is only a marginal possibility given that the bearish direction invalidates with a bounce above the descending resistance to the upside. When Ethereum completed the whole formation and shows up with the expected continuations it will point initially to the targets at the 1985 level from where the situation needs to be elevated anew and if Ethereum can establish a reversal in this zone or continues with bearish alignments. For now it will be important to properly prepare on upcoming volatility as it is so typical in the cryptocurrency market.
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.
Bitcoin, Develops Two Main Formations Determining Destinations!Hi,
Welcome to this analysis about Bitcoin, looking at the more globally 12-hour timeframe perspective. Bitcoin for a long time now is more or less trading in an indecisive zone in which it managed to form new highs however did not yet fully managed to come up with a final confirmation lying ground for solid and sufficient continuation movements, this does not mean these confirmations can show up especially as it is not seldom seen after such circumstances that the market moves on swiftly into the developed direction and as I discovered now Bitcoin is forming not less than 2 main formations that will be the decisive factor in the next times, therefore I detected all the important levels and likely destinies we should consider.
Structural Developments:
As when looking at my chart now we can watch there how Bitcoin primary is about to form this major head-and-shoulder-formation marked with the neckline in blue. Bitcoin already completed the left shoulder and the head within this formation and besides that Bitcoin also forms this symmetrical-triangle-formation with the second part of the head and the right shoulder now. The fact that Bitcoin remains above important support-zones and also above the meaningful EMAs in the structure makes the structure certainly more bullish as Bitcoin already moved on to test the important remaining resistances. This is also the main direction more likely and which should be expected once Bitcoin completed these two major formations.
Upcoming Determinations:
With Bitcoin in such a constellation with the two decisive formations forming it is necessary to wait for the completion of these formations although the bullish-breakout-scenario has a greater possibility of 75% the final validations need to fully show up before finally moving into this direction because possibilities can also change nevertheless it will be important how Bitcoin approaches the orange decision-zone, when Bitcoin manages a sufficient bounce from this zone it will be the origin for the final breakout to the upside which will fully confirm with Bitcoin moving above this descending-resistance-line marked in black which is also the upper boundary of the triangle. Such a movement will lie ground for further viable developments and volatilities.
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 Cash, Double-Bottom-Breakout, Upcoming Perspectives!Hello Traders Investors And Community,
Welcome to this analysis about Bitcoin Cash, we are looking at the 6-hour timeframe perspective. The Cryptocurrency Market divergences increasing these times this is why there are currencies developing very bullish constellations while others are still in more neutral to bearish structures. These divergences between certain currencies are very important to assess to properly line up in the market because it is not the best option to elevate the market into one direction only, therefore it is necessary to distinguish the individual currencies. In Bitcoin Cash, I detected a very interesting formation that already moved into a breakout and has further potentials in the next times.
As when looking at my chart now we can watch there how Bitcoin Cash developed this massive double-bottom-formation with the neckline marked in blue. Recently Bitcoin Cash managed to form the breakout above the neckline and show up with some initial solid bullishness in the schedule. Now the next time it is likely that Bitcoin Cash pulls back to confirm the breakout in the neckline again as it is shown in my chart with the blue back-up-zone where several supports coming together. When Bitcoin Cash shows up with such a price-action and finally bounces to the upside from this zone it will be a good setup for the further continuations and approaches of the upside-targets marked in my chart at the orange level.
Thank you everybody for watching the analysis, 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.
LINKUSD, Points To The Proper Setup-Developments!Hello Traders Investors And Community,
Welcome to this analysis about LINKUSD, we are looking at the 4-hour timeframe perspective, the recent events, the established formational structure, and what we can expect in the upcoming times. LINKUSD on the more global perspectives is still in an indecisive zone where it is moving more or less sideways, on the local timeframe perspective now I discovered a very interesting constellation on which LINKUSD has the ability to stabilize and set up for a solid breakout. Therefore I detected all the important levels and likely destinies we should consider within the established structure and upcoming movements.
As when looking at my chart we can watch there how LINKUSD has initiated this wave-count to the upside and already fully completed the wave A in the schedule which moved on to test the upper resistance zone from where LINKUSD firstly pulled back and is now forming this bear-flag-formation in the local zone as marked in my chart, this is likely to confirm bearishly in the next times and LINKUSD will continue with pullbacks till there is support found in which it can stabilize and back-up again. This is likely to happen within the blue confirmational-bounce-cluster where several supports coming together, when LINKUSD manages to bounce in this zone sufficiently to the upside it will be the origin of the main wave C to develop that will continue and fully extend when LINKUSD manages to break out above the upper resistance-zones, for now it will be important to elevate on how LINKUSD approaches the lower zones of support.
Thank you everybody for watching the analysis, 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.
Ethereum, Potential Double-Top, Decisive Scenarios!Hello Traders Investors And Community,
Welcome to this analysis about Ethereum, we are looking at the 30-minute timeframe perspective. As mentioned already in the previous analysis Ethereum moved into the distributional zones from where pullbacks are expected especially as Ethereum is still in this main wave-count with the next wave to the downside remaining. In this structure now I detected some decisive zones that are important to assess and it will be important on how Ethereum develops here to determine further destinies, therefore it is necessary to do not overspeculate the market into a one-sighted direction because it is barely the case that waiting on the proper confirmations is not the right way, therefore I detected the important zones and likely determinations.
As when looking at my chart now we can watch there how Ethereum has developed this dynamic-ascending-channel marked with the boundaries in dashed grey. In this channel, Ethereum has the main resistance at the 2135 level marked in red in my chart which Ethereum recently confirmed a second time bearishly to the downside as there is also the resistance of the upper-boundary lying. Taking this into the consideration an accelerated pullback is likely here with Etherum continuation of the bearishness firstly into the lower boundary of the channel where the decision-zone is lying marked in orange in my chart, it will be important on how Ethereum approaches this zone and if there can be a bounce or Ethereum moves bearishly through this boundary which is much more likely in this case. When Ethereum closes below the boundary as marked in my chart this will complete the formation as a double-top and indicate further bearishness down to the targets where the situation needs to be elevated anew and if Ethereum manages to bounce or it continues with the bearishness further.
Thank you everybody for watching the analysis, 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.
Bitcoin, Initial Broadening-Wedge-Formation, Important Levels!Hello Traders Investors And Community,
Welcome to this analysis about Bitcoin, we are looking at the 45-minute local timeframe perspective, the recent events, the established formational structure, and what we can expect in the upcoming times. Since Bitcoin initially pulled back from the 60.000 USD level due to bullish weakness it is struggling to maintain further bullish alignments and a proper bullish breakout in the schedule, this is why it is important to do not keep the bearish perspective out of sight now as in such bullish weakening pullbacks establish more easily and in this case, I discovered a decisive formation Bitcoin is forming now that will lie ground for the further determinations, therefore I detected all the important levels and likely destinies we should consider.
As when looking at my chart now we can watch there how Bitcoin is building this main broadening-wedge-formation marked with the boundaries in blue, within this formation Bitcoin has the coherent wave-count with the waves A to C almost already completed and with the ending of wave C Bitcoin ran directly into the remaining upper-resistance-zones from where it pulled back, this bearishness is likely to increase and protract the next times as the resistances lying in the structure are just too strong. Taking the continuation of the pullbacks into consideration Bitcoin will complete the whole broadening-wedge-formation with a bounce and close below the lower boundary this will lead to the pointing of the lower targets marked in my chart in blue. When Bitcoin completes this wedge-formation as suggested this does not mean Bitcoin is completely bearish as it has some solid supports lying lower in the target zones from where it has the ability to stabilize and back up again. In this case, it needs to be elevated then how Bitcoin reacts in these remaining zones and how it manages a potential back-up from there before moving further in the schedule, it will be an important and interesting development ahead.
Thank you everybody for watching the analysis, 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.
Litecoin, Develops Channel, How It Completes As Flag-Formation!Hello Traders Investors And Community,
Welcome to this analysis about Litecoin, we are looking at the local hourly timeframe perspective, the recent events, the established formational structure, and what we can expect in the upcoming times. Litecoin on the more global perspectives is still in this major triangle-formation and on the more local perspectives now recently shown up with these initial bearish declines to the downside testing remaining resistance. In this case, now I discovered an important formation that will be a decisive factor in the next times, especially when the formation completes this can lead to further bearish volatilities therefore the bearish scenario should not be underestimated here and in this manner, I detected all the important levels and likely destinies we should consider.
As when looking at my chart now we can watch there how Litecoin has emerged with this ascending-channel-formation in the local perspective marked with the boundaries in blue, within this formation Litecoin has a coherent wave-count with the waves A to C already almost completed after which it established these bearish pullbacks firstly testing the lower boundary of the channel, when this boundary does not hold and Litecoin moves below it such a price-action will complete the whole formation as a bear-flag and will lie ground for the further bearish continuations to the downside where Litecoin will test the lower supports marked in my chart in blue from where the situation needs to be elevated anew and if Litecoin manages to back-up or continues with the bearish alignments, for now, it will be important on how Litecoin completes this flag-formation and how it develops further after that, it will be an important and interesting development ahead.
Thank you everybody for watching the analysis, 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, Massive Triangle-Formation, How A Breakout Can Emerge!Hello Traders Investors And Community,
Welcome to this analysis about XRPUSD, we are looking at the 4-day timeframe perspective, the recent events, the established formational structure, and what we can expect in the upcoming times. XRPUSD already on the more local timeframe perspectives has shown up with strong bullishness to the upside testing remaining resistances. On the more global timeframe perspective now I discovered a massive formation that can show up with continuous volatile breakouts when XRPUSD manages to develop the right price-action in the schedule, therefore I detected all the important levels and likely destinies we should consider within the established structure and the upcoming movements ahead next times.
As when looking at my chart now we can watch there how XRPUSD has developed this major ascending-channel-formation marked with the boundaries in blue, within this formation XRPUSD has also this descending-trend-line marking the tops of the upside bounces XRPUSD has developed, this descending-trend-line together with the lower-boundary of the channel-formation is building this main triangle-cluster-formation marked in orange. Within this triangle, XRPUSD has the coherent wave-count with the waves A to D almost completed and now with the ending of wave D running directly into the descending-trend-line from where the wave E is likely to have its origins. When this wave E continues to the lower boundary and bounces to the upside from there it will be the completion of the whole wave-count and XRPUSD has the ability to emerge with the decisive breakout-bounce from this zone, when XRPUSD then finally breaks out above the descending-trend-line it will be the completion of the triangle and activation of upside-targets- For now, it will be necessary to elevate these developments and how XRPUSD reacts to the certain zones, it will be an interesting journey ahead.
Thank you everybody for watching the analysis, 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, Develops Channel-Formation, Upcoming Scenarios!Hello Traders Investors And Community,
Welcome to this analysis about Ethereum, we are looking at the hourly timeframe perspective, the recent events, the established formational structure, and what we can expect in the upcoming times. As mentioned already previously Ethereum on the more global timeframe perspectives is trading in this main ascending-channel-dynamic where it is now developing this wave to the downside and in this case, now I discovered important zones and scenarios with the formation forming here, therefore it is necessary to do not underestimate the bearish side as the possibility for initial pullbacks is given, in this case, I detected all the important levels and likely destinies we should consider within the established structure and upcoming movements.
As when looking at my chart we can watch there how Ethereum is now forming this main descending-channel-formation marked with the boundaries in blue, within this channel Ethereum has the coherent wave-count and already formed the waves A to B within the channel with the recent pullback from the upper-boundary as the origin of the main wave C to the downside which will continue till there is support found in which Ethereum has the ability to stabilize and back-up again and continue either with its wave-count or show up with a breakout above the upper-boundary from where Ethereum has the ability to continue and test upper zones of resistances therefore in the first place it will be important on how Ethereum reacts into the lower zones of support and how a bounce to the upside from there can emerge. When this bounce is sufficient enough this can be the right source of the continuation till the breakout shows up.
Thank you everybody for watching the analysis, 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, Wedge-Formation, Potential Origin Of A Solid Breakout!Hello Traders Investors And Community,
Welcome to this analysis about Bitcoin, we are looking at the local 6-hour timeframe perspective, the recent events, the established formational structure, and what we can expect in the upcoming times. Since Bitcoin somewhat a little too early recovered from its bearish breakdowns it moved on to test upper resistance in which it is now mingling in the structure. In this case, now I discovered an interesting formation that can lie ground for a potential breakout and final attempts above remaining levels, therefore it is necessary for the confirmations and validations to show up before considering the direction sufficient, therefore, I detected all the important levels and likely destinies we should consider.
As when looking at my chart now we can watch there how Bitcoin is about to develop this main descending-wedge-formation marked with the boundaries in blue, within this wedge Bitcoin has the wave-count emerged with waves A and B almost completed and as Bitcoin recently pulled back from the upper-boundary already this is the origin of the wave C to the downside that will complete the whole wave-count and will run directly into this back-up-cluster marked in my chart in blue where several supports coming together and therefore has a high likelihood to show up with a bullish bounce that can convert into a breakout and completion of the triangle when Bitcoin finally bounces above the upper boundary and closes there, such a price-action as shown in my chart will activate the further continuations, developments, and the main wave C within the schedule. Nevertheless, it is highly important that Bitcoin shows up with the right price-actions and do not fall below the lower back-up-cluster with the supports lying within there because this will invalidate the whole formation, for now, it will be important on how Bitcoin approaches these zones, it will be an interesting development.
Thank you everybody for watching the analysis, 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.
Litecoin, Develops H-S-Formation, Upcoming Scenarios!Hello Traders Investors And Community,
Welcome to this analysis about Litecoin, we are looking at the 2-hour timeframe perspective, the recent events, the established formational structure, and what we can expect in the upcoming times. When assessing Litecoin it is important to distinguish it from other cryptocurrencies as not each is building such formational structures as Litecoin is forming, as the divergence between the certain currencies is increasing there are currencies in a more bullish constellation while others have more bearish perspectives, with Litecoin it is the case that it is still in a more or less indecisive range with a slightly higher bearish possibility, however, this can also change and therefore I detected the main important levels and likely perspectives we should consider.
As when looking at my chart now we can watch there how Litecoin is about to form this major head-and-shoulder-formation marked with the neckline in blue, within this formation, Litecoin already completed the left shoulder and the head in the structure and is now setting up to form the right shoulder with the first wave to the upside moving directly into this resistance cluster from where the wave to the downside has a high likelihood to emerge, this will complete the right shoulder and therefore also the head-and-shoulder-formation after which the final breakout will come, for now, the bearish breakout has a higher possibility of 65% nevertheless it is important to keep patient on the right validations before finally moving into the direction.
Thank you everybody for watching the analysis, 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.
XRP, Main Triangle-Formation Setting Up For Decisive Approaches!Hello Traders Investors And Community,
Welcome to this analysis about XRPUSD, we are looking at the 6-hour timeframe perspective, the recent events, the established formational structure, and what we can expect in the upcoming times. As mentioned already in previous analysis XRPUSD has formed this main triangle-formation before after which it already showed up with the breakouts and validations which served entirely bullish nevertheless XRPUSD has still some very important remaining resistances lying there that are still omnipresent in this case now I discovered a decisive formation that can lead to upcoming volatility and XRPUSD pulling back to test lower levels in the range, therefore I detected all the important levels and likely destinies.
As when looking at my chart now we can watch there how XRPUSD has established this main ascending-triangle-formation marked with the boundaries in blue, besides that XRPUSD has the coherent wave-count within the formation with the waves A to D already completed, and now as XRPUSD moves directly into the lower boundary which still supports this will be the likely origin of the wave E to the upside, this wave E will finalize the whole wave-count and will run certainly into the upper resistance-cluster with the main resistance in there formed already by the previous price-action, when XRPUSD then continues with bearish pullbacks this will complete the whole formation when XRPUSD finally moves below the lower-boundary.
Thank you everybody for watching the analysis, 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-Update, Continues With The Next Distribution!Hello Traders Investors And Community,
Welcome to this update-analysis about Ethereum, we are looking at the 12-hour timeframe perspective, the recent events, the established formational structure, and what we can expect in the upcoming times. Since the origin-analysis Ethereum moved on with the development of the wave C within the main ascending-channel and moved into the distributional-range from where it pulled back bearishly to the downside to marking the origin of the wave D, if you did not see the origin-analysis already I highly recommend it to watch to have a full-depth-overview as this analysis is coherently following-up on it, therefore I detected all the important levels and likely destinies we should consider.
As when looking at the chart now we can watch there how swiftly Ethereum pulled back bearishly from the distributional-range, this is the main source of the wave D that will develop now and point to the lower levels, firstly it will test the equilibrium-range marked in orange and when this range does not hold Ethereum will continue with the bearish alignments till the accumulational-range is reached from where the wave E can finally emerge to the upside. Taking all these factors into the consideration it will be important how Ethereum approaches the lower zones and how the next accumulation can look like from there, it will be an interesting development ahead.
Thank you everybody for watching the analysis, 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.