Bitcoin Cash, In Descending-Channel, These Levels Are Important!Hello Traders Investors And Community,
Welcome to this analysis about Bitcoin Cash, 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. Since Bitcoin cash recent times has shown up with exaggerated bearishness to the downside it is in a trend which is not yet highly strongly bearishly to the downside and which formed several attempts to reverse however did not yet fully manage to reverse, nevertheless Bitcoin Cash has the ability to show up with a sufficient reversal when the right price-actions determine, in this case, I discovered 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 Bitcoin Cash has formed this main descending-channel-formation within the structure marked with the boundaries in blue, within this channel LINKUSD has the coherent wave-count with the waves A to C already fully completed and now with the wave D running directly into the upper boundary of the channel that is still strong resistance and likely to show up with a bearish bounce to the downside, when this bounce emerges it will be the origin of the wave E to the downside and will continue bearishly till there is support found in which Bitcoin Cash can reverse and stabilize to form a potential reversal and breakout above the boundary of the channel.
Upcoming Determinations:
Taking all these factors into consideration Bitcoin Cash is in a situation in which it has developed this great structure that can indicate a potential reversal when Bitcoin Cash manages to show up with the right price-action this means that Bitcoin Cash needs to finalize the wave-count and approach the lower levels of support, in this case, Bitcoin Cash has the confirmational-bounce-cluster lying there marked in blue where several supports coming together, this level needs to hold and Bitcoin Cash needs to bounce within, otherwise when this does not happen and Bitcoin Cash increases with bearish pressure below it will invalidate the formation and show up with further bearish pressures, therefore, it is necessary to elevate the proper validations.
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.
Vinceprince
LINKUSD, Approaches Boundary In Channel, Incoming Destinies!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 we can expect in the upcoming times. As mentioned already previously LINKUSD has established this main descending-channel-formation which can show up with a great breakout to the upside when LINKUSD manages to complete the right price-actions in the schedule. In this case now I discovered important signs that will determine the upcoming destinies, therefore I detected all the important levels and likely destinies we should consider with LINKUSDs established structure and the upcoming movements next times.
Structural Developments:
As when looking at my chart now we can watch there the main descending-channel-formation LINKUSD has developed marked with the boundaries in blue, within this formation LINKUSD already completed the certain waves A to C in the schedule and is now about to form the wave D in the structure that will run directly into the upper-boundary where several resistances lying that is why it is likely that LINKUSD shows up with a pullback from this zone which will then be the origin of the wave E to the downside. When this final wave E emerges it will be the finalization of the wave-count and LINKUSD will continue till there are supports found in which the dynamic can reverse anew, this is likely to happen within the lower back-up-cluster
Upcoming Determinations:
Taking all these factors into consideration now LINKUSD is trading in a situation in which it has developed this main channel and wave-count now it will be important to elevate on how LINKUSD completes this wave-count and how it approaches the back-up-cluster. When LINKUSD shows up with a sufficient bounce from this zone and continue bullishly from there it can lead to a final breakout above the upper-boundary, such a breakout will activate upside targets and LINKUSD will continue to point to these targets. For now it will be necessary to elevate on how LINKUSD approaches these circumstances and how it continues after that before rushing into trades, 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.
Ethereum, Why And How A Next Wave Above Resistance Can Emerge!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. In recent times Ethereum managed to back-up with a sufficient bounce in the schedule moving on with bullishness and testing previous resistances which are very meaningful here. Now I discovered a decisive structure and levels that can determine further outcomes of Ethereum and can indicate a potential breakout to the upside when Ethereum manages to show up with the right price-actions, 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 recently established this initial wave to the upside moving directly into the remaining resistance marked in red and testing it, also Ethereum has a significant descending-resistance-line in this level which is tested here. Taking these factors an initial pullback here is more likely than Ethereum right away moving through these resistances and this pullback will move on till Ethereum has found supports in which it can stabilize, back-up and continue with the further wave-development, this is likely to happen within the confirmational-bounce-zone marked in my chart in blue, when Ethereum manages to bounce within there it will lie ground for the major wave C to emerge in the schedule.
Upcoming Determinations:
Taking all these factors into the consideration now Ethereum has begun to develop a preliminary reversal in the structure and for now, it is time for Ethereum to hold on to these developments and complete the right price-actions, therefore it is necessary that Ethereum holds the proper confirmational-bounce-cluster because when this does not happen bearish pressure can increase also again. When Ethereum then manages to bounce in the schedule and continue further the wave-C-development will emerge with Ethereum moving above the descending-resistance-line and above that when Ethereum finally closes above the upper-resistance it will be the full development of the wave-C to the upside, it will be an interesting destiny 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.
Bitcoin, Potential Breakout With Objections When This Happens!Hello Traders Investors And Community,
Welcome to this analysis about Bitcoin, 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. Bitcoin since marking its top at the 61.800 USD showed up with bearish pressure and movements to the downside, however, this established bearishness is not fully strong as Bitcoin several times tried to reverse and show up with bullish counter-bounces which did not yet fully convert into a sufficient reversal, in this case, I discovered how this can happen and with what price-action Bitcoin needs to show determining a complete reversal, 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 Bitcoin is trading within this major ascending-channel-formation on the global perspectives, within this major channel Bitcoin already established the main wave-count to the upside and already completed the waves A to C within this. Now Bitcoin is about to develop the main wave D within the structure that will run directly into the lower levels of support and the 140-EMA in red as well as the 120-EMA also matching with the lower-trend-line of this formation, when Bitcoin approaches these zones there is a high possibility given for a bounce to the upside and when this bounce is strong enough it can lie ground for a breakout and further continuations.
Upcoming Determinations:
Taking all these factors into consideration Bitcoin is trading in a situation in which it has the ability to reverse especially also when looking at the MACD structure that can indicate a potential crossover. Nevertheless, Bitcoin needs to show up with the right price-actions and do not show up with further bearishness and increase of bearish pressure because then the dynamics can change also and Bitcoin can continue with bearish dynamics when it closes below the lower boundary of the huge ascending-channel-formation. Therefore, we need to keep patient and elevate on how Bitcoin approaches these levels of support and how it reacts within to come up with further conclusions, 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!
"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.
DEFI Index, Triangle-Formation, How A Breakout Can Set-Up!Hello Traders Investors And Community,
Welcome to this analysis about the DEFI Index, 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. The DEFI Index since a ceratin time now is trading at a downside price-action however this bearishness is not completely strong for now which means the possibilities for a reversal are given, in this case now I discovered a very interesting formation that can lead to great breakouts when the Index shows up with the proper price-actions, 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 we can watch there how the Index developed this major descending-triangle-formation marked with the boundaries in blue, within this formation the Index has the coherent wave-count with the waves A to C already completed and with the wave D now running directly into the upper boundary of the triangle which is likely to be the origin of the main wave E the next times that also already begins to form at the moment. This wave E will protract and move on till there is support found in which the wave-count has the ability to bounce and back-up leading to a breakout above the upper-boundary and therefore to completion of the formation with activation of upside-targets.
Upcoming Determinations:
Taking all these factors into the consideration the Index has formed this major decisive formation that can lie ground for a great breakout, in this case, it is inevitably necessary that the Index does not fall below the lower-supports and increase with bearish pressure because such a price-action will invalidate the whole formation and bullishness is firstly out of sight. Taking all these factors into the consideration now it will be important the next times on how the Index completes the wave-count and how it manages a proper sufficient bounce in the given supports to complete the formation, till then we should keep patient and wait for these validations, 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!
"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, Triangle-Formation, How A Reversal Can Establish!Hello Traders Investors And Community,
Welcome to this analysis about Litecoin, 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. Litecoin since showing up with heavy bearishness to the downside has approached several reversal-attempts that did not yet convert into a sufficient reversal, out of these price-actions Litecoin is building now a decisive formation that I discovered which will be the determining source within the upcoming times, therefore it is necessary that Litecoin shows up with the right price-actions and in this case, I discovered 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 Litecoin is building this main descending-triangle-formation marked with the boundaries in blue, within this formation Litecoin has a coherent wave-count and already completed the waves A to C fully within this wave-count. With the finalization of wave D which will complete in the next times, Litecoin is directly running into the upper boundary of the triangle which is still a strong resistance and therefore likely to show up with the wave E to the downside which will complete the whole wave-count and will test the lower levels of support marked in orange in my chart where several supports coming together and therefore have a good likelihood to show up a decisive bounce to the upside from this zone.
Upcoming Determinations:
Taking all these factors into consideration now Litecoin is trading in a situation in which it has developed these important structures that can lead to a potential reversal when Litecoin manages to show up with the right price-actions completing the whole formation. In this case, it is of high necessity that Litecoin does not fall below the major ascending-support-line because such a price-action will activate further bearish pressure and Litecoin will visit lower levels in the schedule. For now, it will be important to elevate how Litecoin continues with the wave-count and how it manages the proper bounce from the support to continue further, till then it is necessary to keep patient and wait for the confirmations, it will be an interesting journey.
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, Reaches Triangle-Targets, Moves On Testing Resistance!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. Since the former analysis Bitcoin has developed the more likely bearish triangle-breakout to the downside, has shown up with the wave-E-extension since then, and reached the downside-targets with the potential recovery-zone from where Bitcoin managed to bounce initially to the upside, if you did not see this analysis already I highly recommend it to watch to have a full-depth-overview, now since these events, I discovered the further signs Bitcoin developed and where the journey will move, important is now to look for the proper confirmations.
Structural Developments:
As when looking at my chart now we can watch there how Bitcoin just bounced from the potential recovery-zone bullishly to the upside confirming it as support, now Bitcoin moved on and what is meaningful now is that Bitcoin is testing this extended-upper-boundary of the previously established triangle-formation marked in blue. Currently, Bitcoin is about to test this resistance-line and the next time it will be important to elevate on if Bitcoin manages to move above this resistance right away or it firstly reverses and tests lower levels in the structure, when this happens it can also indicate the further bearish pressure to continue.
Upcoming Determinations:
Taking all these factors into consideration Bitcoin is trading in a situation in which it needs to decide how it continues its way further in the next times, when Bitcoin then manages to break out above this main descending-resistance-line it can initially lie the ground for further continuations. The main resistance than will be the point-of-control of the volume-profile that Bitcoin needs to test and it is more likely that a pullback shows up firstly. Otherwise, when Bitcoin does not move above the descending-resistance-line it will test lower levels, it has to be elevated then if Bitcoin manages to hold these levels or the bearish pressure increases, when this happens Bitcoin can also continue bearishly firstly, these are the scenarios important to assess next times.
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, In Channel, Potential Breakout, Important Scenarios!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 we can expect in the upcoming times. As Ethereum in recent times has shown up with highly protracted bearishness to the downside it moved into some important support-zones from where it also managed to bounce initially, now it is the time for Ethereum to approve these bounces and in this case, I discovered a decisive formation Ethereum is forming that can lead to a potential breakout when the right price-action shows up, this is highly important because when it does not show up bearish continuations can also emerge, therefore the upcoming confirmations need to be properly waged.
Structural Developments:
As when looking at my chart we can watch there how Ethereum established this main descending-channel-formation marked with the boundaries in blue. Within this formation, Ethereum has the wave-count A to C already completed and with the ending of wave C moved directly into the lower supports and the ascending-trend-line from where it bounced and tested the upper boundary of the channel. Now the next time a pullback to the ascending-trend-line is highly likely where the major decision-zone is lying marked in my chart with the orange box. When Ethereum manages to bounce sufficiently within this zone it can lead to a great channel-breakout with activation of further continuations otherwise when this does not happen Ethereum will continue with the wave-C-extension when it closes below the ascending-trend-line and in the red zone marked in my chart.
Upcoming Determinations:
Taking all these factors into consideration Ethereum is now in a situation in which it can show up with a solid channel-breakout sooner or later, therefore it is highly necessary that it properly bounces from the suggested support and do not fall below it because then Ethereum will initially visit lower levels from where a potential stabilization needs to be considered anew. Especially the last times have shown one more time how volatile the market is and that it is necessary to properly line-up and be prepared on these circumstances, this means to do not over-speculate the market into a one-sighted direction and also keep the reverse perspective in mind.
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.
BNBUSD, Channel-Formation, Breakout Possible When This Happens!Hello Traders Investors And Community,
Welcome to this analysis about BNBUSD, 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. Since BNBUSD showed up with initial bearish breakdowns after forming its top it did not yet has shown up with proper reversals indicating a potential continuation however there is the possibility given that this shows up with the formational structure I discovered and when BNBUSD manages to complete the right price-action in the schedule, therefore I discovered 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 we can watch there how BNBUSD has developed this main descending-channel-formation marked with the boundaries in blue, within this formation BNBUSD has the coherent wave-count with the waves A to C already established and now with the wave D about to form, this wave D will run directly into the strong resistance-cluster marked in red in my chart from where a pullback bearishly to the downside is likely to set-up which will then be the origin of the coherent wave E to the downside. This wave E will move on till there is support found in which BNBUSD has the ability to stabilize and back-up to move on testing upper resistance anew.
Upcoming Determinations:
Taking all these factors into consideration BNBUSD is in a situation where it has lied good grounds for a potential breakout above the channel and activation of bullish continuation. In this case, now it is highly necessary that BNBUSD does not fall below the back-up-cluster and below the lower boundary of the channel because this will invalidate potential bullishness and show up with further bearish pressure. It all depends on how BNBUSD manages a bounce from the back-up-cluster and how it continues from there before that we should keep patience and wait on these proper validations to finally move in the right direction and do not overspeculate the market, 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!
"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 Pullbacks To Support, Further Developments!Hello Traders Investors And Community,
Welcome to this analysis about XRPUSD, 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. Since XRPUSD formed the main bullish breakouts above the upper-boundary of the triangle-formation I already mentioned before it has shown up with initial pullbacks testing the previously established supports that for now properly held, in this case, I discovered a further interesting formation XRPUSD is developing now that can lead to a potential breakout when XRPUSD manages to show up with the right price-actions in the schedule, therefore I discovered all the important levels and likely destinies we should consider.
Structural Developments:
As when looking at my chart now we can watch there how XRPUSD is about to develop this massive ascending-channel-formation, within this channel-formation, XRPUSD has the coherent wave-count in which it already completed the waves A to D in the structure and recently with the destination of wave D moved into great supports lying within the lower boundary which also served as the origin of the wave E which is about to develop now. This wave E will move ahead and run to test the upper-descending-resistance-line with the resistance-cluster marked in my chart in red and as this is still a very strong resistance an initial pullback, in this case, is very likely and should be expected.
Upcoming Determinations:
Taking all these factors into consideration XRPUSD is in a situation in which it has developed this underlying formational structures that can move into great alignments, therefore it is necessary that XRPUSD manages to stabilize further in the structure after the likely pullbacks shown up when this happens and XRPUSD manages to bounce within the 300-EMA in red as well as the 160-EMA in green it can be the origin set-up for the breakout attempt above the upper-resistances. For now, it will be important to elevate how XRPUSD finalizes the wave-count and how it moves on further from there. 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, Potential Flag-Formation, How It Completes!Hello Traders Investors And Community,
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. In recent times Ethereum has shown up with strong bearish encounters to the downside to the point now, it was a great time to secure our profits on the short-side within the private channel. Now as Ethereum has initiated these bearish declines it moved into a more or less oversold condition from where the possibility for reversals is higher nevertheless we should not keep the determined bearishness by side especially as I discovered an important formation Ethereum is developing here that will be worthwhile in the upcoming destinations.
Structural Developments:
As when looking at my chart now we can watch there how Ethereum is about to form this ascending-channel-formation within the local timeframe perspective, within this channel Ethereum has the coherent wave-count with the waves A to C already developed and now moving on with the waves D and E. The finalization of the wave E will run directly into this main resistance-cluster marked in red from where a pullback bearishly to the downside is highly likely as there are several strong resistances lying within the cluster consisting of the descending-resistance-line, the 160-EMA in green as well as the 200-EMA in red and also matching with the upper-boundary of the ascending-channel in local perspective.
Upcoming Determinations:
Taking all these factors into consideration Ethereum is in a situation in which it has developed this ascending-channel that can move into a bear-flag when Ethereum shows up with the pullbacks from the resistance and finally moves below the lower boundary as it is marked in my chart, such a price-action will also confirm to the underlying wave-count and the major wave C to develop. The recent times have shown one more time that the cryptocurrency market is highly volatile and that changes in directions can occur more swiftly than expected. This is why it is inevitable to properly line-up and take advantage of such opportunities when they arise, as we have managed within the channel and achievements on the short-side.
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, In Channel-Formation, How A Breakout Can Emerge!Hello Traders Investors And Community,
Welcome to this analysis about Bitcoin, 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 Bitcoin reached out above the 61.000 USD level it has shown up with strong bearish pullbacks that should not be underestimated, especially in the last weeks Bitcoin has seen several such pullbacks. Now in this case it is important to elevate if Bitcoin has the ability to reverse and back-up again or continues with its bearish alignments. In this case, now I discovered all the important levels and likely destinies we should consider within the established structure and the upcoming movements ahead in the next time.
Structural Developments:
As when looking at my chart we can watch there how Bitcoin builds this major ascending-channel-formation in the global timeframe perspectives, in which it emerged with a wave-count to the upside consisting so far of the waves A to C and now Bitcoin is about to form the wave D in the schedule. In this major global channel, Bitcoin is forming this main local descending-channel-formation in which it also has a wave-count with the waves A to C collected and with the upcoming wave D directly running into the resistance which will be a likely origin for the wave E to the downside as it still serves as strong resistance. This wave E will run directly into the blue back-up-cluster from where a bounce can show up.
Upcoming Determinations:
Taking all these factors into consideration Bitcoin is in a situation in which it needs to show how it approaches the back-up-cluster and how a potential bounce from there can look like. What is highly important in this case is that Bitcoin sustainably holds this cluster and does not falls below it and closes below the lower-boundary because this will invalidate potential bullishness and show up with further bearish pressure. Otherwise when Bitcoin manages to bounce within it can lead to a great channel-breakout and indicated continuations. For now, these scenarios need to be elevated and it is necessary to keep patient on the proper validations showing up 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!
"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, Completes Flag, Approaches Zones, Further Alignements!Hello Traders Investors And Community,
Welcome to this update-analysis about Litecoin, we are looking at the recent events, the established formational structure, and what we can expect in the upcoming times. Since the former analysis, Litecoin completed the channel-formation as a bear-flag and showed up with strong bearish volatility since then as expected moving into the lower supports and testing them. Now an important conclusion will be if these levels can hold sustainably and Litecoin manages to build up with bullishness or it is just a set-up for more bearish encounters coming in, therefore I detected all the important levels and likely destinies we should consider with the established structure and the upcoming movements.
As when looking at my chart now we can watch there how Litecoin right away moved into these main supports established previously and initially bounced a little within, now these levels are very important to hold and if they hold will determine the further destinies of Litecoin. In this case when Litecoin manages to hold the supports and stabilize above to build up with bullishness further stabilizations with the proper continuations can be expected above the descending-resistance-line marked in my chart in black, when Litecoin manages to approach above this line it will close in the bullish-stabilization-zone and continue with further bullishness. Otherwise, when this does not happen and Litecoin moves below the supports this will be the bearish scenario and Litecoin will continue with bearish pressure till way lower levels are reached. For now, it is necessary to wage these scenarios and keep patient before each has validated before moving into rather than rushing into trades.
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, Main Channel-Formation, How A Breakout Can Establish!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 we can expect in the upcoming times. As LINKUSD has shown up with serious bearish encounters moving with high volatility to the downside it approaches remaining supports from where it is now marginally building up. In this case, I discovered an important formation LINKUSD is building that can determine a potential reversal and alteration in the schedule when LINKUSD manages to develop the proper price-actions, therefore I detected all the important levels and likely destinies we should consider with LINKUSD in the established structure and upcoming movements.
Structural Developments:
As when looking at my chart now we can watch there how LINKUSD heavily moved below the 800-EMA in green as well as the 700-EMA in red, these levels served previously as supports and are now resistances. Besides that mainly LINKUSD is trading in this major descending-channel-formation marked with the blue boundaries in which LINKUSD has the coherent wave-count developed and already completed the waves A to C in the schedule with the wave C running directly into the lower boundary from where the wave D is likely to show up continuing with the wave-count and mainly finalizing it with the wave E that will move directly into the lower back-up-cluster marked in blue which is highly important to hold sustainably.
Upcoming Determinations:
Taking all these factors into the consideration LINKUSD is in a situation in which it has developed this important structure that can lead to a great reversal when LINKUSD manages to bounce within the back-up-cluster and after that finally move above the descending-trend-line to continue with bullish alignments further, therefore, it will also be necessary to elevate on how LINKUSD breaks out above the trend-line and continue further. When this shows up with a strong pace and solid price-action it will lie ground for further continuations. For now, it will be necessary to elevate how LINKUSD approaches the back-up-cluster and the lower supports lying there, 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!
"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, Approaches The Boundary, Next Assessments!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 to expect in the upcoming times. As mentioned in the former analysis there was a great likelihood given that Ethereum continues with its wave-count within the schedule and in this purpose with the development of the wave C which also happened now with Ethereum showing up strong bearish encounters also in the local timeframes. In this case, now I discovered important signs that will be a determining factor within the next times and show further alignments, 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 Ethereum mainly moved into the ascending-trend-line determining the lower-boundary of the whole triangle-cluster-formation, this is an important support and when Ethereum manages to bounce here it will give a high likelihood that it is the origin of the further wave-development and therefore the wave D to show up that will approach the upper-boundary and test to pullback and move on with the final wave E that will complete the wave-count and will show up with the major decisions either to the up or downside. In this case, it will be highly important to elevate how Ethereum approaches the lower-boundary finally and if there comes a sustainable bounce or the bearish pressure is just too high.
Upcoming Determinations:
Taking all these factors into consideration Ethereum is in a situation now where the final conclusions of the main triangle will show up within the next times before the proper determinations can be made. In this manner, it is of utmost importance to keep patient and wait for the proper confirmations before finally moving in the right direction rather than overspeculating the market and rushing into trades. Especially the last times have shown one more time how highly volatile the cryptocurrency market keeps and how swiftly changes occur. Therefore it is necessary to properly line-up and keep advancing also into the short-direction as we have managed it within the channel. It will be shown how the dynamics for Ethereum develop 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, In Channel, How Dynamics Can Alter, Important Zones!Hello Traders Investors And Community,
Welcome to this analysis about Bitcoin, we are looking at the 4-hour timeframe perspective. Since Bitcoin has shown up with initial bearish declines the last times after completing the main head-and-shoulder-formation I mentioned previously it moved into the target-zones and into remaining supports, it was great for us within the channel to secure profits on the short-side. Now as Bitcoin reached these zones I discovered an interesting formational structure Bitcoin is actually forming that can indicate an alteration of the dynamics and potential reversals when Bitcoin 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 Bitcoin is now about to develop this major descending-channel-formation marked with the blue boundaries, within this channel Bitcoin has a coherent wave-count in which it already completed almost fully the waves A to C with the wave C moving directly into the lower boundary which is likely to be the origin of the wave D to the upside, this wave D will run into the descending-trend-line from where the wave E will follow-through. The upcoming wave E will finalize the whole wave-count and will approach directly into the main back-up-cluster which is also an important cluster to hold and back-up because below bearish pressure is likely to increase and continue.
Upcoming Determinations:
Taking all these factors into consideration Bitcoin is in a situation in which it has shown up with main bearish encounters which in any case should not be taken by side, however with the current structure, there is the possibility given that Bitcoin firstly reverses when only at first place to test the remaining resistances which are still there. In this case, basically, it will be meaningful on how Bitcoin manages the bounce from the back-up and how it forms a breakout above the descending-resistance-line, when this is strong enough it can indicate further bullish continuations and testing of the resistance. For now, it will be important how Bitcoin approaches the proper zones 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!
"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.
Polkadot, How A Initial Channel-Breakout Can Develop!Hello Traders Investors And Community,
Welcome to this analysis about Polkadot, we are looking at the 45-minute timeframe perspective, the recent events, the established formational structure, and what we can expect in the upcoming times. Polkadot on the more global perspectives is moving in a sideways channel from which it will show the conclusions sooner or later, besides that, now, on the local timeframes I discovered a decisive formation Polkadot is forming that can indicate a breakout in the schedule that moves on to test remaining resistances when Polkadot manages to develop the proper price-actions, therefore I detected all the important levels and likely destinies we should consider with the established structure and upcoming movements ahead.
As when looking at my chart now we can watch there how Polkadot is about to develop this main descending-channel-formation marked in my chart with the blue boundaries, within this channel Polkadot has the coherent wave-count with the waves A to C already established and now with the wave D about to form that will run directly into the upper-boundary and the 700-EMA in red as well as the 600-EMA in green that are still resistances in this case and therefore likely to be origin for a pullback that continues with the main wave E within the wave-count. This wave E will be the last wave within the wave-count and will finalize it by moving into the lower back-up-cluster from where the decisive bounce can set-up. When this bounce from the back-up-cluster is strong enough it will lead to a breakout above the upper boundary of the channel activating further bullish conclusions and developments, a likely target, in this case, will be the 38 USD level from where the situation needs to elevate anew and Polkadot needs to show rather it manages to continue bullishly from there or firstly develops a pullback testing lower levels, 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!
"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, In Channel, How Breakout And Continuation Establishes!Hello Traders Investors And Community,
Welcome to this analysis about XRPUSD, we are looking at the 45-minute timeframe perspective, the recent events, the established formational structure and what we can expect in the upcoming times. As mentioned already in the former analysis XRPUSD already moved on with this main triangle-breakout completing the triangle as expected bullishly to the upside with a great breakout, if you did not see the analysis I highly recommend it to watch having a full-depth-overview, now on the local timeframe perspective I discovered a decisive formation XRPUSD is forming that will be the determining source within the next times, therefore, I detected all the important levels and likely destinies we should consider with XRPUSDs journey.
Structural Developments:
As when looking at my chart now we can watch there how XRPUSD established this main descending-channel-formation marked with the boundaries in blue. Within this channel, XRPUSD has the coherent wave-count in which it already completed the waves A and B within the schedule, and now with the sub-waves of the wave-C-development is testing the upper-boundary of the channel which is still strong resistance from where a pullback to the downside is likely, when this pullback moves below the ascending-trend-line marked in dashed grey the wave C will fully move on with its developments and approach the lower levels where the main supports will be tested marked with the blue confirmational-bounce-cluster in my chart.
Upcoming Determinations:
Taking all these factors into consideration now XRPUSD is still in a more or less bullish situation however now it is the time for XRPUSD to show up with the right confirmation to fully validate these establishments and the breakouts that occurred. When XRPUSD manages to bounce within the confirmational-bounce-cluster where several supports lying consisting of the 600-EMA in red, the 400-EMA in green and the lower-boundary of the descending-channel it will be the proper origin of a continued channel-breakout and when this happens with XRPUSD closing above the upper-boundary as it is marked in my chart it will activate further bullish continuations and activation of upside targets, 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!
"Good luck is when opportunity meets preparation."
Information provided is only educational and should not be used to take action in the market.
ETH, Builds Massive Head-Shouler-Formation, Upcoming Scenarios!Hello Traders Investors And Community,
Welcome to this analysis about Ethereum, we are looking at the daily timeframe perspective. Since Ethereum stopped initially with its uptrend and showed up with bearish pullbacks moving into previous supports and testing them I discovered a massive formation Ethereum is forming that will be a determining source within the upcoming times, therefore it is necessary to keep patient and wait for the proper validations within the schedule before finally moving into the more likely direction as possibilities in the market can also change this should be an integrated term in ones trading philosophy without that the speculativeness overrides, therefore, I discovered all the important levels and likely destinies we should consider with Ethereum.
Structural Developments:
As when looking at my chart now we can watch there how Ethereum is building this massive head-and-shoulder-formation marked with the neckline in blue, within this formation, Ethereum already completed the left shoulder and the head within the schedule and is now about to form the right shoulder as Ethereum already pulled back from this main descending trend-line the right-shoulder-development is about to complete within the next times when Ethereum moves into the 65-EMA in red as well as the 55-EMA in green matching together with the neckline. When Ethereum approaches these zones it will be the final decision-point for further developments and it is important to elevate rather Ethereum bounces there or increases with bearish pressure.
Upcoming Determinations:
Taking all these factors into consideration now Ethereum is in a situation in which it will conclude the major decisions once the right shoulder completed. For now, the bullish breakout has a higher likelihood by 55% compared to the bearish with 45% nevertheless these possibilities can change also, therefore, it will be necessary to elevate how Ethereum approaches the lower supports and how it continues from there before moving into the final direction. It is better to properly line-up and to prepare for the appropriate eventualities than to rush into trades that do not satisfy. Therefore we should not overspeculate the market in a one-sighted direction, better to wage the possibilities and to come to a final conclusion, 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, Completes H-S-Formation, Further Alignements!Hello Traders Investors And Community,
Welcome to this update-analysis about Bitcoin, 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. The main head-and-shoulder-formation mentioned in the former analysis fully completed in the schedule and Bitcoin showed up with initial heavy bearish conclusions that should not be kept by side. If you did not watch this analysis already I highly recommend it to watch to have a full-depth-overview. Now as Bitcoin has moved on with these confirmations I discovered further signs and structures that will be important in determining Bitcoin's upcoming destinies and further movements.
Structural Developments:
As when looking at my chart now we can watch there how Bitcoin fully completed this main head-and-shoulder-formation with the bearish pullbacks below the neckline moving below the previously established support at 53230 and for now somewhat bounced a little and mingling in the structure, these movements Bitcoin showed up with are building this ascending-channel-formation marked in blue in my chart where Bitcoin has still strong resistance determined by this descending-resistance-line in black and also by the upper-boundary of the ascending-channel as well as the 20-EMA in red, this is why a pullback here is more likely than an immediate move above, nevertheless, it is necessary to elevate the proper validation of this pullback.
Upcoming Determinations:
Taking all these factors into consideration Bitcoin is in a situation in which the pullbacks may not yet end fully, therefore when Bitcoin shows up with initial pullbacks from the current resistance and after that moves below the lower boundary it will likely lie ground for the continuation and testing of the lower supports. Now, this does not mean Bitcoin is completely bearish as it will be important on how Bitcoin approaches the lower supports and how it manages a potential bounce from there, when this bounce can sustain strong enough it can lead to further stabilization and also a potential reversal. For now, these scenarios need to be developed, 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.
Cardano, Major H-S-Formation, Strong Volatility When Completed!Hello Traders Investors And Community,
Welcome to this analysis about Cardano, we are looking at the 6-hour timeframe perspective, the recent events, the established formational structure, and what to expect in upcoming times with Cardano. As already stated in the former analysis Cardano formed the main bear-flag in the local timeframe perspectives that also already completed and showed up with the bearish encounters. Besides that I discovered a decisive formation Cardano is forming on the more global perspectives that when completed will show up highly increased volatilities to the downside and approaches of lower levels, 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 Cardano is about to form this massive head-and-shoulder-formation with the left shoulder and the head almost already completed. Now Cardano is about to form the right shoulder in the schedule which when finalized will complete the whole formation, currently, Cardano has also the 65-EMA in green as resistance from where the pullback of the right shoulder is likely to show up. When this right shoulder completes and Cardano breaks out below the neckline to close where it will complete the whole formation bearishly to the downside and activate the lower targets marked in blue in my chart.
Upcoming Determinations:
Taking all these factors into consideration now Cardano is in a situation in which it is on the verge to finalize the whole formation that will show increased bearish volatility when completed which should not be underestimated in this case, especially when it completes in the schedule as suggested this will move into highly bearish encounters. Nevertheless, when looking on the more global and long-term perspective when Cardano completes this formation bearishly it does not mean Cardano is completely bearish, there are still some good supports lying on the more global perspective on which Cardano can build on and show up with further conclusions, 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!
"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.
LINKUSD, Builds A Triangle-Cluster, How A Breakout Can Develop!Hello Traders Investors And Community,
Welcome to this analysis about LINKUSD, we are looking at the daily timeframe perspective, the recent events, the established formational structure, and what we can expect in the upcoming times. As mentioned already in former analysis LINKUSD on the more local timeframe perspectives is already building a potential bull-flag that can show initial breakouts when the right price-actions come up. Besides that I discovered now a decisive main formation LINKUSD is forming on the global daily perspective that can indicate a great breakout and continuations to the upside when it completes, therefore I detected all the important levels and likely destinies we should consider with the established dynamic and upcoming movements.
Structural Developments:
As when looking at my chart now we can watch there how LINKUSD recently moved anew in this main ascending-trend-line which is also the lower boundary of the bigger ascending-channel, this trend-line serves as some solid support here together with the 55-EMA in red which is currently tested by LINKUSD. Furthermore, LINKUSD has this upper-boundary which is building a triangle-cluster-formation together with the ascending-trend-line, this is a typical triangle that has the ability to show up with breakouts, activation of targets, and continuation to the upside when completed. What is important here for LINKUSD is that it does not move below the lower-boundary again because this will invalidate the formation.
Upcoming Determinations:
Taking all these factors into consideration now LINKUSD is trading in a situation in which it has the ability to complete this main formation and when this happens it will activate upside targets and continuations marked in my chart within the blue level, after these are reached it has to be elevated how LINKUSD continues further and if there comes a potential continuation or LINKUSD firstly reverses to test previous levels of support. The bearish pullbacks will be the more likely scenarios as LINKUSD will be in a strongly overbought condition when reaching out to these upside-targets. This does not mean LINKUSD can stabilize in the structure and back-up again, 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!
"Good luck is when opportunity meets preparation."
Information provided is only educational and should not be used to take action in the market.
Ethereum, Since Bearish Breakdowns, Scenarios To Consider!Hello Traders Investors And Community,
Welcome to this update-analysis about Ethereum, we are looking at the 4-hour timeframe perspective. Since the former analysis Ethereum fully showed up with the bearish breakdowns after breaking out of the confirmational-resistance flag as expected, then Ethereum fully reached the downside targets marked in blue and marginally bounced from there, if you did not see the former analysis already I highly recommend it to watch to have a full-depth-overview as this analysis is coherently building upon it. Now I discovered important levels and scenarios further in the structure that will be the determining source for Ethereum within the next times.
As when looking at my chart we can watch there how Ethereum is now mingling within the bear-flag-target-zone and the supports remaining there marked in blue, these are very important reference-supports for Ethereum because when they are broken to the downside it will lead to a bearish pressure continuation, otherwise when this does not happen and Ethereum manages to stay above the level and increase with bullishness a potential continuation can show up above the descending-trend-line and within the bullish-stabilization-zone nevertheless, when considering the already established bearish pace this is not the most likely scenario and the bearish continuation has a greater likelihood though it is still important to wait for final validation.
Taking all these factors into the consideration now Ethereum moved into a decisive situation in which it needs to decide the next times either it has the ability to stabilize with bullish price-action or continues with the already well-established strong bearish edge to the downside. In this case, it is of necessity to wait for the proper validations rather than just rushing into the market and overspeculating it in a one-sighted direction like it is seen too often these times. When Ethereum continues with the more likely bearish continuation this does not mean it is completely bearish as it still has some great supports lying in the structure also on the higher timeframe perspectives, 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.