Litecoin, How This Main Triangle-Breakout Can Establish!Hello Traders Investors And Community,
Litecoin recently has shown up with some initial solid bullish conclusions on the more local timeframe perspectives as already suggested in the previous analysis. From the more global perspective now I discovered a very interesting formation that can be the source of a great breakout when Litecoin manages to continue to show up with the right price-actions. In comparison to the rest cryptocurrency market, Litecoin has definitely some good potentials when the formation finally completes as not every currency is building such formations nevertheless it is necessary to keep patient for the proper validations before finally moving in the right direction, in this case, I discovered all the important levels and likely destinies we should consider.
As when looking at my chart now we can watch there how Litecoin has established this massive symmetrical triangle formation marked with the boundaries in black. Within this formation Litecoin has completed the coherent wave-count with the waves A to C in the triangle and now since the wave C finished moved into the upper-boundary and testing it, the pace with which this happened was certainly strong and therefore the possibility is given that Litecoin manages to form the breakout out of this pace. The final confirmation will happen when Litecoin closes above the upper-boundary as is marked in my chart, when this does not happen right away and Litecoin firstly pulls back this does not mean the breakout is out of sight, then it will be necessary and inevitable that Litecoin holds the support marked in blue in my chart where the EMAs also lie, when Litecoin then bounces in this zone it can be the proper origin of the final upside-breakout otherwise when Litcoin does even not hold the blue support this will lead to a further continuation and testing of the lower boundary from where the situation needs to be elevated anew and how a potential stabilization can set-up from this zone.
Thank you everybody for watching the analysis, great contentment for everybody supporting, have a good day and good trading, 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, Completes Breakout And Wave, Next Determinations!Hello Traders Investors And Community,
Since the origin-analysis, XRPUSD has shown up with the breakout above the main local-resistance and after that increased with bullish volatility to rightly complete the wave C in the schedule and test the upper-boundary of the major channel-formation, if you did not see the analysis already I highly recommend it to watch to have a full-depth-overview. Now as these conclusions shown up properly as expected I discovered further important signs XRPUSD is showing here that will be worthwhile in upcoming destinies. In this case, it is necessary to distinguish XRPUSD from other currencies as not each is building these structures with bullish potentials especially as the divergence between the currencies is increasing.
As when looking at my chart now we can watch there how XRPUSD just strongly moved into the upper-boundary and tested it to initially show up with some pullbacks from there, this is important because these pullbacks can firstly move on as there is still a strong resistance given, these pullbacks will continue till there is the right support found in which XRPUSD has the ability to stabilize and continue with a possible breakout-attempt, in this case, it is of high necessity that XRPUSD holds the blue box marked in my chart sustainably and do not falls below it because this will increase bearish pressure and will show lower levels. Therefore XRPUSD needs to hold the support also with the 35- and 25-EMA, when this happens and XRPUSD manages a solid stabilization above it will be the set-up for a breakout above the upper-boundary, when such a breakout sets up this will be the origin of the main wave-C-extension to the upside. For now, it will be necessary to elevate these dynamics and how XRPUSD reacts in the suggested circumstances.
Thank you everybody for watching the analysis, great contentment for everybody supporting, have a good day and good trading, 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, Reaches Targets, These Conclusions Important Now!Hello Traders Investors And Community,
Since the previous analysis Ethereum rightly completed the main broadening-wedge-formation, made the breakout above the orange box, and shown up with the volatility finally pushing into our target zone, if you did not see the analysis I highly recommend it to watch to have a full-depth-overview. We also managed to achieve great profits on the long side with Ethereum in the private channel, this was really good to realize. Now as Ethereum reached these main targets I discovered further possibilities and what is likely to happen and whatnot. In this case, it is necessary to wait on the final validations before moving in the right direction rather than overspeculating the situation, as Ethereum has developed a good pace it will be interesting how it develops further.
As when looking at my chart we can watch there Ethereum recently reaching the main target zone and also approaching above it some higher to initially pullback and test the blue support which was previously resistance. This is also an important reference point for further determinations because when this support holds and Ethereum finalizes the wave-count above it as shown in my chart to finally breakout above the descending-trend-line in dashed grey it will indicate further continuations and pointing to targets that are realistic at the 2190 level. Otherwise, when the support does not hold and Ethereum moves below it this will lead to the wave-c-extension as shown in my chart and Ethereum will continue bearishly till lower supports are reached which are lying within the upper-boundary of the previously broadening-wedge from where Ethereum can back-up anew. These are the main scenarios important here that will determine next destinies.
Thank you everybody for watching the analysis, great contentment for everybody supporting, have a good day and good trading, 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, Decisive Price-Action Ahead, This Scenario More Likely!Hello Traders Investors And Community,
Bitcoin recently moved into the main local resistance at the 59600 USD level and severely tested it without moving through it or pulling back in the structure, this is indicating a major move to come sooner than later and in such a situation, it is important to wage the possibilities properly to finally come to the right conclusions without overspeculating the market into one sighted direction because it is always necessary to also be prepared on the reverse-dynamic to do not get overwhelmed by circumstances, this is why I detected the underlying possibilities and main scenarios that will determine upcoming destinies, in this case, one scenario has a greater likelihood which should be more expected than the other one.
As when looking at my chart we can watch there how Bitcoin backed up since showing these bearish conclusions, since this bullish backup Bitcoin moved right away into this local resistance marked in black and testing it, this is a very important reference point because it is determining if bullish conclusions continue or not. Within this zone, Bitcoin is also developing this ascending-channel-formation marked with the dashed lines in my chart and basically, the breakout will decide the final direction. For now, the bullish breakout has a higher possibility of 65% as it is shown in my chart with the concluded mechanisms nevertheless it is necessary to keep the patient on the final validations before finally moving in this direction.
Thank you everybody for watching the analysis, great contentment for everybody supporting, have a good day and good trading, 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, Since Breakout Emerged, How Continuations Develop!Hi my friends,
Welcome to this update-analysis about Litecoin, we are looking at the 4-hour timeframe perspective. As Litecoin shown up with the bearish downside price-action and moved into the lower supports to bounce there properly to the upside it has developed some further interesting signs I discovered, if you did not see the former analysis already I highly recommend it to watch to have a full-depth-overview. Now as Litecoin managed the breakout above the boundary it is important to elevate what is possible and what is not possible, mainly it is necessary to distinguish Litecoin from other important cryptocurrencies as not every is building such structures, therefore I detected all the important levels and likely destinies.
As when looking at my chart now we can watch there how Litecoin since it moved above the descending-resistance shown up with this bullish volatility testing previous resistance at the 208 level, this is also a zone where a pullback to the downside initially is likely that will move on to test lower levels of support. In this case, Litecoin has some solid supports within the blue back-up-cluster marked in my chart, when Litecoin manages to bounce within this zone bullishly to the upside it will be the origin of wave C to emerge. When this wave C finally closes above the 208 USD resistance it will be the further set-up with indicated bullishness ahead. For now, it will be important to elevate how Litecoin approaches the remaining supports and how it bounces from there.
Thank you everybody for watching the analysis, great contentment for everybody supporting, have a good day and good trading, 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, Here Is Why And How A Breakout Can Emerge!Hi my friends,
Welcome to this analysis about XRPUSD, we are looking at the hourly timeframe perspective, the recent events, the established formational structure, and what to expect in the upcoming times. As suggested already in previous analysis XRPUSD already on the more global perspectives developed a more bullish edge with the potentials to continue to the upside. In the more local timeframe perspectives, I discovered now a decisive formational structure XRPUSD is forming that can lead to a great breakout initially on the short-term on which XRPUSD has the ability to build on. Therefore I detected all the important levels and likely destinies we should consider in the developed structure and upcoming movements.
As when looking at my chart we can watch there how XRPUSD has established this main ascending-channel-formation marked with the boundaries in blue, within this channel XRPUSD has the coherent wave-count and already developed the waves A to B in the structure, with the wave C currently emerging and testing this local resistance marked in orange. When XRPUSD manages to move above this resistance and close there as it is marked in my chart the wave C will finally fully develop and point to the upside targets to be reached marked at the 0.63 level in blue from where the situations need to be elevated anew and if XRPUSD manages to continue right away or firstly develops a reversal testing lower levels, which is not unlikely in this case because XRPUSD will approach significant overbought conditions from where a pullback is likely.
Thank you everybody for watching the analysis, great contentment for everybody supporting, have a good day and good trading, 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 Broadening-Wedge, These Are Objections!Hi my friends,
Welcome to this analysis about Ethereum, we are looking at the 30-minute timeframe perspective, the recent events, the established formational structure, and what we can expect in the upcoming times. As already mentioned in previous analysis Ethereum is trading within this main ascending-distribution-accumulation-channel where it will move into the distribution range within the next times. In the more local timeframe perspectives, I discovered an other decisive formation Ethereum is forming that will determine the destinies firstly on the local timeframe perspectives, 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 now we can watch there how Ethereum is establishing this main broadening-wedge-formation marked with the boundaries in blue, within this formation, Ethereum already completed the wave-count and recently bounced above the upper-boundary to close there and consolidate, this is now the right set-up for further continuations to the upside. When Ethereum breaks out above the orange box as it is seen in my chart the main upside-targets will be pointed within the 2100 level from where the situation needs to be elevated anew. What is likely in this case is that Ethereum firstly reverses and shows up to lower levels which should not be underestimated here also as Ethereum has the distribution-zone lying there I mentioned in previous analysis already. For now, it will be important how Ethereum manages the further developments and approach of the target-zone, it will be an interesting development.
Thank you everybody for watching the analysis, great contentment for everybody supporting, have a good day and good trading, 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, Decisive Channel Developing, Crucial Destinies!Hi my friends,
Welcome to this analysis about Bitcoin, we are looking at the hourly timeframe perspective, the recent events, the established formational structure, and what we can expect in the upcoming times. Since Bitcoin moved above important zones it is somewhat struggling in the structure with the potential to show up with further bullish alignments however this needs to be shown properly with Bitcoin developing the right price-action especially as Bitcoin is still in overbought conditions it is also necessary to do not keep the bearish scenario out of sight because even when Bitcoin advances somewhat more the possibility for pullbacks is given as of the overbought conditions, therefore I detected all the important levels and likely destinies.
As when looking at my chart we can watch there how Bitcoin established this main ascending-channel-formation marked with the boundaries in black, within this channel Bitcoin has the coherent wave-count with the waves A to D already developed and with the wave E currently emerged. As Bitcoin recently bounced above this important descending-trend-line this is now an initial support zone together with the 45-EMA in red, the 25-EMA in green, and the lower boundary of the major ascending-channel-formation. These levels are highly important and need to hold with Bitcoin properly bouncing because when this does not happen and Bitcoin moves below the lower boundary it will invalidate the bullishness and show up with bearish pressure. Nevertheless, when Bitcoin continues with the wave E and approaching higher levels the Fibonacci-extension is reached where Bitcoin will much more overbought and potential pullbacks are more likely, it needs to be elevated than how Bitcoin approaches these zones. Mainly it is necessary to do not keep the swift changes in a direction out of sight as they are still underlyingly omnipresent.
Thank you everybody for watching the analysis, great contentment for everybody supporting, have a good day and good trading, 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.
LINKUSD, Initial Channel-Breakout, How Continuations Establish!Hello Traders Investors And Community,
Welcome to this update-analysis about LINKUSD, this time we are looking at the more global 4-hour timeframe perspective, the recent events, the established formational structure, and what to expect in the upcoming times. Since the previous analysis LINKUSD managed to finally show up with the breakout above the upper boundary of the main ascending-channel-formation and develop the wave-C-extension, if you did not see the analysis already I highly recommend it to watch to have a full-depth-overview at the local as well as the global timeframe perspectives. Now on the more global timeframe perspectives, I discovered important signs worthwhile to consider determining the next destinies of LINKUSD.
As when looking at my chart now we can watch there how LINKUSD now managed to breakout above the upper-boundary to continue and test this main descending-resistance-line from where initial pullbacks now developed. These pullbacks will move on and test the upper boundary of the channel as potential support, when this support holds and LINKUSD manages to bounce it can be the proper set-up for a breakout above the descending-resistance-line, therefore it is highly necessary that this zone properly holds and LINKUSD does not fall below it because this will invalidate the potential bullishness firstly. When LINKUSD manages to close above the resistance it will be a great setup for further continuations, a good target, in this case, will be the 32.5 USD level from where the situation needs to be elevated anew and if LINKUSD manages to continue or firstly shows up with pullbacks. For now, it will be important to elevate how LINKUSD manages the stabilization and shows up with the possible breakout after that, it will be an interesting journey ahead.
Thank you everybody for watching the analysis, great contentment for everybody supporting, have a good day and good trading, 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 Broadening-Wedge, How It Finally Completes!Hello Traders Investors And Community,
Welcome to this analysis about XRPUSD, we are looking at the 2-hour timeframe perspective, the recent events, the established formational structure, and what to expect in the upcoming times. As already mentioned in former analysis XRPUSD completed the massive triangle-formation on the global perspectives bullishly to the upside and has shown up with initial solid bullish alignments with the potential for further continuations, now on the more local timeframe perspectives I discovered a decisive formation XRPUSD establishes that can lie ground for next continuations and confirm the already developed bullish conclusions. 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 XRPUSD is forming this main broadening-wedge-formation marked in blue with the boundaries extracting. Within this formation, XRPUSD has the coherent wave-count with the waves A to E that almost already completed with the wave E running into the upper-boundary and testing it. Now XRPUSD continues further with the stabilization within the wedge-formation and when it manages to stabilize further bullishly this can be the set-up for the breakout. When XRPUSD manages to finally bounce above the upper-boundary and close there stabilizing above this boundary it will be the set-up for the next continuations to the upside as the wedge-formation finally completed, this will also confirm to the wave-count and the major wave C, besides that also the protraction of the wave E. After these likely conclusions showed up and XRPUSD appoints the initial targets at around the 0.64 zones it has to be elevated how it continues further from there and if there can come a potential reversal or further continuations, in this case, as XRPUSD has important resistances in the global perspectives a reversal is not unlikely.
Thank you everybody for watching the analysis, great contentment for everybody supporting, have a good day and good trading, 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 Aims For Next Distribution, These Are Important Zones!Hello Traders Investors And Community,
Welcome to this analysis about Ethereum, we are looking at the 12-hour timeframe perspective. Ethereum has developed a similar structure like Bitcoin just on the more compact local timeframe perspective. The recent times Ethereum made several volatile moves to the up as well as to the downside with just recently bouncing bullishly to the upside. Now I discovered some very important formational structures and likely destinies we should consider with Ethereum's upcoming developments and destinies, therefore it is necessary to do not keep the underlying volatility and changes in the direction out of perspective which is not unlikely within the cryptocurrency market, so also seen in Ethereum.
Structural Developments:
As when looking at my chart we can watch there how Ethereum has established this main ascending-channel-formation marked with the boundaries in blue and besides that Ethereum has the coherent wave-count within the formation with the waves A to B almost already completed. Currently, Ethereum is about to form the wave C in the schedule that will aim for the upper distributional-range anew, as this range is still a strong resistance-range and the range in which the distribution already emerged before this will also likely happen in the upcoming move into the zone. When Ethereum pulls back bearishly then it will be the origin of wave D to the downside and continuation to test the lower levels and the back-up-cluster anew.
Upcoming Determinations:
Taking all these factors into consideration now Ethereum is trading in a situation in which it will likely show up with the next distribution within the range upcoming. After that happens the wave-count within this major ascending-channel-formation will move on and actually, the crucial decisions will come once when Ethereum finished the wave E within the wave-count, when Ethereum finishes it and manages to bounce sufficiently above the upper boundary of the channel it can lead to a final wave-E-extension and upcoming upside breakouts, however, for now, it has to be elevated how Ethereum continues within this whole structure and how it finalizes the wave-count, it will be an interesting development.
Thank you everybody for watching the analysis, great contentment for everybody supporting, have a good day and good trading, 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.
BTC, Elevation Of Crucial Zone, Given Potentials And Destinies!Hello Traders Investors And Community,
Welcome to this analysis about Bitcoin, we are looking at the 12-hour timeframe perspectives. In the last months and weeks, Bitcoin is highly volatile and formed several higher highs as well as higher lows with volatile moves to the up as well as to the downside which served as great moves for us in the channel to secure profits in the long as well as on the short-side. In such situations, it is important to determine what are possible realistic perspectives and what is not so likely. In this case, now I discovered an interesting formational structure Bitcoin is forming lying ground for the upcoming destinies. It is important to realize that the movements Bitcoin formed in recent times can continue as Bitcoin is still in this distribution-accumulation-dynamic.
Structural Developments:
As when looking at my chart now we can watch there how Bitcoin has formed this main ascending-channel-formation marked with the boundaries in blue. Within this channel, Bitcoin has also this major coherent wave-count with the waves A to D almost already finished and now setting up to form wave E in the schedule that will finalize the wave-count. As Bitcoin managed to bounce above this important local descending-trend-line it is the proper set-up for the continuation and protraction of wave E in the wave-count as shown in my chart. When Bitcoin manages to break out of the orange box in my chart this will be the origin for the further developments up into the distributional-range anew where the crucial decision will come up.
Upcoming Determinations:
Bitcoin is still in this main accumulational-distributional-channel-dynamic, as the recent accumulation was the origin of the current move above resistance this will lead into the distributional-range again, this is important because a next distribution, in this case, is more likely than Bitcoin right away moving through this zone, it can be a similar pattern as already shown in recent times. Therefore it will be highly necessary to elevate how Bitcoin reacts in these structures and especially as Bitcoin remains in this dynamics for now it is significantly meaningful to not underestimate the bearish scenarios and change of dynamics as it is not seldom seen in cryptocurrency.
Thank you everybody for watching the analysis, great contentment for everybody supporting, have a good day and good trading, 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, Potential Flag, How It Completes!Hello Traders Investors And Community,
Welcome to this analysis about Cardano, we are looking at the hourly timeframe perspective, the recent events, the established formational structure and what we can expect in the upcoming times. Cardano since showing up with heavy bearishness to the downside moved into important supports from where it now marginally managed to recover, this recovery, however, did not yet show up with a complete reversal in the structure, in this case now I discovered a decisive formation Cardano is forming that can lead to a potential breakout with further alignments when Cardano shows up with the right price-actions, therefore I detected all the important levels and likely destinies we should consider.
As when looking at my chart we can watch there how Cardano has now formed this main descending-channel-formation marked with the boundaries in black. Within this channel, Cardano has the coherent wave-count and already completed the waves A to C within this wave-count with the waves D and E remain. As Cardano now approaches the lower boundary this is likely to be the origin of the wave D which will run directly into the resistance-cluster from where the wave E has a high possibility to emerge, this wave E will run directly into the lower-boundary and the back-up-cluster lying there, it is a very important cluster to hold for Cardano because when it falls below this will invalidate the whole formation bearishly to the downside, otherwise, when this does not happen and Cardano manages the bounce properly it will lead to the potential breakout above the upper-boundary and therefore confirmation of the channel as a bull-flag, such a movement will also activate upside-targets and the wave C within the schedule. For now, it will be important to elevate how Cardano continues with the wave-count and how the breakout will emerge after.
Thank you everybody for watching the analysis, great contentment for everybody supporting, have a good day and good trading, 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, Since Major Triangle Completed, Upcoming Destinies!Hello Traders Investors And Community,
Welcome to this analysis about XRPUSD, we are looking at the 12-hour timeframe perspectives, the recent events, the established formational structure, and what we can expect in the upcoming times. As already mentioned in previous analysis XRPUSD was about to form this major triangle-formation which was likely to complete within the schedule with the proper confirmations necessary to show up, this now finally happened and XRPUSD confirmed both the breakout as well as the pullbacks and further stabilization, in this case now I discovered further important signs that will be necessary to elevate within the next times, therefore I detected all the important levels and destinies we should consider in the established structure and upcoming movements.
As when looking at my chart now we can watch there how XRPUSD is forming this ascending-channel-formation since the breakout of the triangle and confirmation has shown up. Furthermore, XRPUSD is about to test this main descending-resistance-line marked in blue in my chart which is a very important reference-point of resistance here and when XRPUSD manages to break out above this resistance-line it will lie ground for the further wave-developments and pointing to the upside targets. Therefore it is necessary that XRPUSD does not fall below the ascending-channel again because this will invalidate the bullishness. Nevertheless, when XRPUSD manages to breakout above the resistance and continues further bullishly the main targets are lying within the 0.7185 level marked in orange in my chart, when XRPUSD approaches this zone a pullback is firstly very likely which should not be underestimated especially as there are several strong resistances still lying, therefore it will be necessary to elevate on how XRPUSD forms the breakout above the descending-resistance and how it continues with the wave-count and approach of upper resistance after that.
Thank you everybody for watching the analysis, great contentment for everybody supporting, have a good day and good trading, 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, How This Channel-Breakout Can Develop Sustainably!Hello Traders Investors And Community,
Welcome to this analysis about Ethereum, we are looking at the 4-hour timeframe perspective, the recent events, the established formational structure, and what to expect in the upcoming times. Since Ethereum has shown up with the strong bearish breakdowns which was a good opportunity for us in the private channel to secure profits on the short-side Ethereum has now managed to initially marginally recover from these bearish alignments and move above former established resistance, in this structure now I discovered a decisive formational development that can possibly lead to a worthwhile breakout when Ethereum shows up with 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 established this major descending-channel-formation marked in blue, the upper-boundary of this main channel recently tested with the bullish price-move into. Besides that Ethereum also established this local ascending-channel-formation in which Ethereum has the coherent wave-count with the waves A to C already completed and now with the wave D bouncing off the lower boundary which is the likely origin of the wave E to the upside. It is necessary that Ethereum properly holds this level in the lower-boundary and do not fall below it because such a price-action will invalidate bullish determinations however when Ethereum bounces further it will lead to the proper wave-E-development.
Upcoming Determinations:
Taking all these factors into consideration now it will be important for Ethereum with which pace it continues to develop from here, when this has a good bullish alignment and manages to breakout above the upper-boundary to close there as it is marked in my chart the wave E will fully continue to emerge and will appoint the upside targets. When Ethereum manages the breakout as suggested it will move on to test the upper levels of resistance marked in my chart in red, when these levels have reached a pullback to the downside is highly likely and should be expected, what is important then is to elevate on how Ethereum possibly manages to stabilize within this range further.
Thank you everybody for watching the analysis, great contentment for everybody supporting, have a good day and good trading, 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, Potential Inverse H-S-Formation, How It Completes!Hello Traders Investors And Community,
Welcome to this analysis about Bitcoin, 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. Recently Bitcoin managed to move above important resistance levels and close above them however did not yet fully shown a proper reversal in the schedule indicating further determinations nevertheless this can happen especially with the formation I discovered Bitcoin is forming that needs to show up with the proper confirmational price-action, therefore I detected all the important levels and likely destinies we should consider within the established structure and the upcoming movements ahead next times.
Structural Developments:
As when looking at my chart now we can watch there how Bitcoin is about to develop this major potential inverse head-and-shoulder-formation marked with the neckline in blue. The left shoulder as well as the head of the formation already fully completed and now Bitcoin is about to form the right shoulder within the schedule with the first move to the upside of the right shoulder already formed which will run directly into the neckline from where the rest of the right shoulder will likely have its origins. This move to the downside left will move on till there is proper support found in which Bitcoin has the ability to stabilize and back-up continuing with the development of the right shoulder and leading to a potential final confirmation.
Upcoming Determinations:
Taking all these factors into the consideration it will be important for Bitcoin to complete this right shoulder properly, therefore it is necessary that Bitcoin rightly bounces within the confirmational-bounce-cluster and do not fall below it because this can possibly invalidate the whole formation as it is shown in my chart with the bullish-invalidation-range. When Bitcoin then manages to bounce sufficiently within the supports this will lead to the breakout above the neckline, such a price-action will complete the whole formation bullishly and will show up with further continuations to the upside when Bitcoin finally closes above the neckline sustainably, it will be an interesting development ahead.
Thank you everybody for watching the analysis, great contentment for everybody supporting, have a good day and good trading, 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.
LINKUSD, Channel Awaiting Validations, Important Scenarios!Hello Traders Investors And Community,
Welcome to this analysis about LINKUSD, we are looking at the 2-hour timeframe perspective, the recent events, the established formational structure, and what to expect in the upcoming times. Since LINKUSD has shown up with strong bearishness to the downside it somewhat recovered in the structure and made some marginal moves to the upside where it initially tested some resistances however did not yet fully managed to confirm a final reversal, furthermore, I discovered a decisive formation LINKUSD is forming that has the ability to break out in either the bullish or the bearish directions, therefore I detected all the important levels and likely destinies we should consider in the established structure and upcoming movements.
As when looking at my chart now we can watch there how LINKUSD is about to form this main ascending-channel-formation marked with the boundaries in blue, within this channel LINKUSD has the coherent wave-count with the waves A and B already completed and now with the wave C forming that runs directly into the upper boundary of the channel which is still resistance from where an initial pullback is firstly likely and should be expected. After this, the crucial decisions will come and it will be important if LINKUSD either increases with bearish pressure to the downside, such a price-action will activate the whole formation as a bear-flag and will show up with further bearish continuations to the downside, otherwise, LINKUSD manages to bounce within the structure and back-up to finally move above the upper boundary of the channel, such a price-action will complete the whole formation bullishly to the upside and will also confirm to the wave-C-extension which will result out of the breakout. These are the two main scenarios to be considered and it is of necessity to elevate these and wait for the proper validations before finally moving in the right direction.
Thank you everybody for watching the analysis, great contentment for everybody supporting, have a good day and good trading, 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, How This Channel Completes As A Decisive Flag-Formation!Hello Traders Investors And Community,
Welcome to this analysis about XRPUSD, we are looking at the 2-hour timeframe perspective, the recent events, the established formational structure, and what to expect in the upcoming times. As already mentioned in previous analysis XRPUSD has developed a decent bullish edge on the global perspective as it already managed to complete the massive symmetrical-triangle bullishly to the upside. Now as this happened XRPUSD also bounced from the boundary anew and validated it. Now I discovered a decisive formation XRPUSD is forming that will be worthwhile in determining the next destinies, especially when the formation completes it can lead to great conclusions therefore I detected all the important levels and likely destinies.
As when looking at my chart now we can watch there how XRPUSD is building this main ascending-channel-formation marked with the boundaries in black, within this formation XRPUSD has the coherent wave-count with the waves A and B already almost fully completed and with the wave C remaining that will run directly into this confirmational-bounce-zone where several supports are lying and where a bounce to the upside has good potential. When this happens and XRPUSD manages to bounce within the structure to continue further bullishly this will lead to a breakout above the upper-boundary and such a price-action will finalize the whole formation bullishly to the upside. After this is done XRPUSD will activate upside targets and the further continuations till these levels are reached, it will also be the proper set-up for the development of the wave C and potential targets, in this case, are lying within the 0.65 USD zone from where the situation needs to be elevated anew.
Thank you everybody for watching the analysis, great contentment for everybody supporting, have a good day and good trading, 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, Approaches Upper-Triangle-Boundary, Main Scenarios!Hello Traders Investors And Community,
Welcome to this 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 former analysis Ethereum continued with the wave-count within the major triangle as expected and now initially completed the waves A to C, if you did not saw this analysis already I highly recommend it to watch to have a full-depth-overview. Now as Ethereum has shown up with these alignments I discovered the two main scenarios likely to happen the next time, also the possibilities have changed since the former analysis, therefore I detected all the important levels and likely determinations.
As when looking at my chart now we can watch there how Ethereum approached the upper boundary of the formation, basically this boundary is still resistance however the pace and momentum with which Ethereum approached this boundary was certainly strong. There it is possible that Ethereum has the ability to move through this resistance and finally complete the triangle with the ABC-wave-count within. Otherwise, when this does not happen and Ethereum firstly bounces back from the boundary this will lead to the development of the wave D and E within the triangle that will protract the wave-count and finalize it before a final breakout can emerge. Mainly the possibilities on the bullish side have increased to an overall possibility of 75% for the bullish breakout which should be expected either with the immediate breakout or with the breakout after Ethereum completed the ABCDE-wave-count. These two scenarios should be elevated before the final direction has confirmed, therefore it is necessary to keep patient and elevate these scenarios rather than rushing into trades that do not satisfy.
Thank you everybody for watching the analysis, great contentment for everybody supporting, have a good day and good trading, all the best!
"Many ways lead to the horizon."
Information provided is only educational and should not be used to take action in the market.
Bitcoin, Potential Flag-Formation Develops, How It Completes!Hello Traders Investors And Community,
Welcome to this analysis about Bitcoin, we are looking at the 2-hour timeframe perspective. Recently Bitcoin managed to break out above important resistance-zones and close above these zones, this gives the edge of a potential increase of bullishness firstly on the local timeframe perspective nevertheless it is important to notice that there are still strong resistances lying above. In this case, now I discovered an interesting formation that can lead to great bullish volatility firstly on the local short-term timeframe perspective when it properly completes within the schedule, 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 now we can watch there how Bitcoin recently took out several important resistance as it bounced above this main descending-trend-line marked in blue which was previously resistance and is now support. Furthermore, Bitcoin marked also above the main 15-EMA in red and above this very important ascending-trend-line marked in dashed grey. Now as Bitcoin managed above these levels it is forming a decisive formation which is firstly a descending-channel-formation in which Bitcoin develops a wave-count in the formation. This formation can complete as a bull-flag and activate initial bullishness when Bitcoin finally moves above the upper-boundary and closes there as it is marked in my chart, when such a price-action happens Bitcoin will move on and test the upper levels of resistance from where a pullback firstly is more likely than a direct move through these resistance however it needs to be elevated how Bitcoin reacts in these zones. For now, it will be important to elevate on how Bitcoin completes this channel as the proper flag-formation to show up with further conclusions.
Thank you everybody for watching the analysis, great contentment for everybody supporting, have a good day and good trading, 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.
Litecoin, Channel-Breakout, How Further Continuations Establish!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. As mentioned already in previous analysis Litecoin was one of the currencies with the potential to form a sustainable reversal in the structure that can determine further alignments to the upside. Recently Litecoin has shown up with a great breakout above the boundary of its descending-channel-formation and in this case, now I discovered further levels and scenarios that will be worthwhile in the next times, 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 now we can watch there how Litecoin recently formed this main channel-breakout above the upper-boundary of its descending-channel-formation marked in blue. Now it is not seldom seen that after such a breakout price-action firstly reverses and tests lower levels in the structure to fully validate the breakout and continue with further perspectives. This confirmational-pullback is also likely to happen here with Litecoin moving into the lower zones of support where the confirmational-support-zone is lying consisting of several supports in which Litecoin has the ability to back-up and bounce. When Litecoin manages to bounce within the confirmational-bounce-zone it will lie ground for further develops and approaches of the upper-resistance, this will be extremely crucial because when Litecoin manages to move above this resistance it will be a good set-up for the next bullish waves. Overall Litecoin has shown a good pace here however it is important to distinguish it from other major currencies as not each is building such solid price-actions. For now, it will be important how Litecoin approaches the supports and how it continues from there.
Thank you everybody for watching the analysis, great contentment for everybody supporting, have a good day and good trading, 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, How A Decisive Channel-Breakout Can Establish!Hello Traders Investors And Community,
Welcome to this analysis about XRPUSD, we are looking at the 4-hour timeframe perspective, the former events, the established formational structure, and what we can expect in the upcoming times. As already mentioned in previous analysis XRPUSD has formed this major symmetrical-triangle-formation which it already completed and moved on with the sufficient upside-breakout. This breakout and formation is now validated by XRPUSD with great price-action above. Now on the more local 4-hour timeframe perspective, I discovered a further decisive formational structure that will be worthwhile in the upcoming determinations, therefore I detected all the important levels and likely destinies we should consider with the established structure and upcoming movements.
Structural Developments:
As when looking at my chart now we can watch there how XRPUSD has established this main descending-channel-formation marked with the boundaries in black, the upper-boundary of the channel was already tested by strong bullish price-action however XRPUSD did not yet fully managed to form the breakout rather it is now mingling below the boundary which is a sign that an initial pullback will firstly develop here before stabilization and breakout-attempt above the upper-boundary of the descending-channel can finally approve. In this case, XRPUSD has the confirmational-bounce-cluster where a bounce to the upside is highly likely as there are several supports coming together and lying fundamental ground for a proper bounce to the upside.
Upcoming Determinations:
Taking all these factors into the consideration now XRPUSD is on the global perspective still on a very good edge to set-up and continue with bullish alignments. On the local perspective, it is similar and when XRPUSD shows up with the right price-actions to bounce from this major confirmational-bounce-cluster this will lead to a great channel-breakout above the upper boundary of the channel, such a price-action will activate the wave C to develop as marked in my chart and test the upper resistance-zone which will be a crucial factor then because when XRPUSD manages to close above this resistance finally this can be the building up for further developments to the upside, it will be an interesting journey ahead.
Thank you everybody for watching the analysis, great contentment for everybody supporting, have a good day and good trading, 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, Main Channel, Breakout Determines Further Alignments!Hello Traders Investors And Community,
Welcome to this analysis about Ethereum, we are looking at the 2-day timeframe perspective, the former events, the established formational structure, and what we can expect in the upcoming times. Since Ethereum finally managed to breakout above the previously established all-time-high-zone it has shown up with initial bullish movements nevertheless it firstly bounced back and is now testing previous levels of support, this will be crucial as these supports will determine if Ethereum manages to continue with the established bullishness or invalidates it in terms if the supports hold properly or not, therefore I detected all the important levels and likely destinies we should consider within the established structure and upcoming movements.
Structural Developments:
As when looking at my chart now we can watch there how Ethereum has established this major ascending-channel-formation marked with the boundaries in blue, within this channel Ethereum has a coherent wave-count with the origin way lower in the structure beginning with last years corona-breakdowns. Now as Ethereum advanced above the all-time-high it is about to form the main wave D in the schedule that consists of the waves A to C with the last wave C currently forming, besides that Ethereum has the main support-cluster within the structure from where a bounce to the upside is likely when Ethereum moves into it. This is also a very important support to hold because when Ethereum moves below it will initially invalidate the bullishness.
Upcoming Determinations:
Ethereum has established a solid bullish pace over the last months now it is the time to validate further potential bullishness and the next wave-development which will happen when Ethereum manages properly to bounce within the given support and sets up to finally form the breakout above the resistance from there, otherwise when this does not happen and Ethereum closes below this level to increase bearish pressure it will invalidate the bullishness firstly and will show up with further bearish pressure to test lower levels. These are the main scenarios important to consider here and it is necessary to keep patient and wait for the proper confirmations before moving in the right direction. It will be an interesting journey ahead.
Thank you everybody for watching the analysis, great contentment for everybody supporting, have a good day and good trading, 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.