LINKUSD, Develops Decisive Wedge, Upcoming Determinations!Hello Traders Investors And Community,
Welcome to this analysis about LINKUSD, we are looking at the hourly timeframe perspective, the recent events, the established formational structure, and what we can expect in the upcoming times. LINKUSD these days is trading in an interesting constellation that can show up with determining price-actions especially as I discovered a decisive formation LINKUSD is developing that will lie ground for the upcoming meaningful determinations, therefore I detected all the important levels and likely destinies we should consider with LINKUSDs established structure and the upcoming movements ahead next times.
As when looking at my chart now we can watch there how LINKUSD is building this main broadening-wedge-formation marked with the boundaries in blue, besides that LINKUSD has the coherent wave-count within the formation already completed almost the whole wave-count and now tested the lower-boundary where it is moving to the downside between this dashed grey descending-trend-line which is resistance in this structure. Therefore when LINKUSD continues with the movement to the downside this is likely to show up with a breakout below the lower-boundary, such a price-action will complete the whole formation and activate the targets seen in my chart with the blue range, when LINKSUD reaches these targets it has to be elevated how it reacts there and if it maintains a sustainable stabilization or just sets up for a continuation, 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.
Vinceprince
How Cardano Can Maintain A Sustainable Bullish-Breakout! 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 we can expect in the upcoming times. Cardano the last times is trading in some very interesting dynamics as it is still above important supports it looks for a potential stabilization in the structure, when Cardano shows up with the right price-actions in next times this can lead to a sustainable bullish-breakout, in this case, I detected all the important levels and likely determinations we should consider with Cardano's established structure and the upcoming destinies ahead.
Structural Developments:
As when looking at my chart we can watch there how Cardano has recently formed this ascending-channel-formation marked in my chart in blue, in the more global perspective Cardano is trading within this potential major descending-triangle-formation. The next times when Cardano moves below the lower-boundary of the ascending-channel it will complete it as a bear-flag and show up with further bearish continuations however as Cardano has strong supports within the lower levels marked in my chart in blue and also with the point-of-control this will be a good zone for Cardano to develop a bounce to the upside and when Cardano manages a sustainable bounce within this zone it can lead to a great breakout and therefore completion of the descending-triangle.
Upcoming Determinations:
Taking all these factors into the consideration now it will be highly important to elevate next times how Cardano continues with the wave-count within the descending-triangle and how it can maintain the stabilization above the support and ongoing bounce from it. In this case, it is of utmost importance and necessary that Cardano does not close below the given supports because such a price-action will invalidate the whole formation and show up with further bearish pressure however this is not the most possible scenario to develop as Cardano has the solid supports remaining. When Cardano manages a sustainable bounce and ongoing completion of the formation targets can be projected to the upside, 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!
"Good luck is when opportunity meets preparation."
Information provided is only educational and should not be used to take action in the market.
Ethereum, Dynamic Continuations Incoming, Important Zones!Hello Traders Investors And Community,
Welcome to this analysis about Ethereum, we are looking at the hourly timeframe perspectives, the recent events, the established formational structure, and what we can expect in the upcoming times. Ethereum since recovering from its heavy downside price-actions it moved on to test remaining resistances that are not yet taken out, this is important because it can show up with pullbacks in the structure firstly testing remaining levels where Ethereum inevitably importantly needs to stabilize, therefore I detected all the important levels and likely destinies we should consider with Ethereums established structure and the upcoming movements ahead next times.
Structural Developments:
As when looking at my chart now we can watch there how Ethereum has recently strongly pulled back below this main point-of-control marked in my chart in red, this point-of-control is either resistance or support and in this case, now it serves as resistance, the fact that Ethereum heavily moved below it makes it a meaningful resistance and Ethereum is likely to show up with the pullbacks to the downside when it moves into it the next times confirming to the wave C in the wave-count and establishing it. This wave C then will move on and test the lower back-up-cluster marked in my chart in blue which is inevitable to hold sustainably because when this does not happen Ethereum will continue bearish below.
Upcoming Determinations:
The next time it will be important to elevate how Ethereum continues with the wave-count within the dynamic-channel and how it approaches the back-up-cluster then. When Ethereum manages to bounce in the cluster and form further bullish movements this can lead to a breakout above the upper boundary of the dynamic-channel and a final close with a stabilization above the point-of-control will indicate further final bullish continuations. Otherwise when Ethereum does not manages to bounce properly within the back-up-cluster it will lead to the bearish continuation in which Ethereum will move on to test the lower-support marked in blue in my chart 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!
"There are many roads to prosperity, but one must be taken."
Information provided is only educational and should not be used to take action in the market.
Bitcoin, Completes Broadening-Wedge, Important Considerations!Hello Traders Investors And Community,
Welcome to this analysis about Bitcoin, we are looking at the 30-minute timeframe perspective, recent events, the established formational structure, and what we can expect in the upcoming times. As Bitcoin recovered from its heavy bearish declines to the downside it moved on to test remaining resistance-levels that are not yet taken out already and therefore should not be kept by side, especially in this case I discovered a decisive formation Bitcoin completed recently that will be the determining source within the next times, therefore I detected all the important levels and likely destinies we should consider with Bitcoins established structure and the upcoming movements ahead.
Structural Developments:
As when looking at my chart now we can watch there how Bitcoin recently completed this main broadening-wedge-formation indicating an initial reversal to the downside and as Bitcoin now formed the breakout below the lower-boundary this completed the wedge-formation and Bitcoin is likely to continue after it moved back and a pullback from the breakout-zone anew. Bitcoin then will continue till there is support found in which it can reverse the dynamic anew and stabilize to form bullish continuations, this type of support is given within the blue support-zone marked in my chart, it is also the zone possible to be the origin of the major wave C to the upside when Bitcoin holds it properly otherwise a continuation and protraction of wave B will follow.
Upcoming Determinations:
Taking all these factors into consideration now it will be of high importance how Bitcoin reacts in the given zones and how it manages the possible stabilization in this zone, when it does not happen and Bitcoin increases with bearishness further this will lead to the protraction of wave B and into the second ascending-trend-line marked in blue where a new attempt of the wave C origin can happen, this is also a significant reference-point to hold because when this does not happen Bitcoin will increase with bearish pressure when moving into the bearish-continuation-zone. These are scenarios to elevate next times and initially, it will be important how Bitcoin approaches the supports, 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!
"Trading effectively is about assessing possibilities, not certainties."
Information provided is only educational and should not be used to take action in the market.
Litecoin, Establishes Main Wedge-Formation, Important Zones!Hello Traders Investors And Community,
Welcome to this analysis about Litecoin, we are looking at the hourly timeframe perspective, the recent events, the established formational structure, and what we can expect in the upcoming times. The cryptocurrency market is constantly changing and especially these days the spread and divergence between certain currencies increase extremely as the market is not what it was back in 2017 where everything just moved into one direction only, therefore there are currencies developing more bearish formations while others have a more bullish constellation, these differences are inevitably important to measure, therefore I detected all the important levels and likely destinies we should consider with Litecoin.
Structural Developments:
As when looking at my chart now we can watch there how Litecoin is developing this major ascending-triangle-formation marked in my chart with the blue boundaries, such a formation indicates a bearish reversal to the downside, besides that Litecoin, has established the coherent wave-count within the formation already completing waves A to C in the structure and is now setting up to form the wave D that will move into the lower-boundary from where the origin of the wave E is likely to show up, this wave E will then run directly into the upper resistance-cluster marked in red from where then the main pullback to the downside is awaited that will then complete the whole formation with a breakout below the boundary.
Upcoming Determinations:
Taking all these factors into consideration Litecoin is trading in a very decisive formation that has a high likelihood to complete within the upcoming times. It is necessary to do not underestimate the bearish perspective here as the signs are coming up. The next times it has to be elevated how Litecoin completes this major formation with the breakout below the boundary, such a price-action will activate downside targets and after these are reached it has to be elevated if Litecoin manages to stabilize within these zones or sets up for the next bearish continuations, in any case, the bearish scenarios should not be kept by side, it will be an important and 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.
XRPUSD, Develops Decisive Triangle, How It Can Complete!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 we can expect in the upcoming times. XRPUSD in the last times is forming a quite interesting formation that can show up with further potentials when it properly completes, this is very important in this case because the formation can also invalidate again when XRPUSD increases with bearish price-action again, therefore it is highly necessary to wait for the proper validations and how the situation develops before moving into the right direction, in this case, I detected all the important levels and likely destinies we should consider with XRPUSD.
Structural Developments:
As when looking at my chart now we can watch there how XRPUSD is about to form this triangle marked with the boundaries in blue, besides that XRPUSD has the coherent wave-count within the formation already completing waves A to B in the triangle-wave-count, this movement is the major wave B over the global wave-count, now XRPUSD is about to move on with the wave C within the triangle-wave-count, this wave C will move directly into the confirmational-bounce-cluster and test it, this cluster is also extremely crucial to hold and bounce of because when this does not happen it will invalidate the whole formation however when XRPUSD manages the bounce from the cluster this will lead to a great breakout and confirmation of the formation.
Upcoming Determinations:
Taking all these factors into the consideration, XRPUSD is now in a situation where it has formed this great triangle-formation that can show up with further potential when completed under the given circumstances nevertheless it is inevitable to wait on the proper validations before rushing into trades that do not satisfy. Therefore it is necessary to elevate how XRPUSD develops further the next times here and keep patient when the formation finally completed. After this has done XRPUSD will move on with the main wave C to the upside and test upper remaining resistance, when this happens it needs to be elevated if XRPUSD manages to continue further bullishly or firstly shows up with a reversal.
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, Movements In Channel, Upcoming Determinations! 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 to expect next time. The ascending-channel Ethereum is forming here was already mentioned in the former analysis and as for now Ethereum moved on with its coherent wave-count within the formation either with the wave C already completed or completing within the next times, in this case, I discovered some very interesting scenarios we should consider, therefore I detected all the important levels and likely destinies with Ethereums established structure and the upcoming movements ahead next times.
Structural Developments:
As when looking at my chart we can watch there how Ethereum is now about to finalize the wave C within the structure, either the wave already completed or it will complete with little up-moves within the next times, therefore the upper-boundary of the main channel is likely to be the origin of the wave D to the downside where Ethereum will move into the proper supports given by the EMAs and the lower-boundary. When Ethereum then manages to bounce this will likely be the source of the wave E that will finalize the whole wave-count and directly run into the upper resistance-cluster marked in my chart in red from where the main bearish pullback is likely to emerge.
Upcoming Determinations:
Taking all these factors into consideration now Ethereum is trading in a situation where it is likely to continue with the wave-count ahead in the upcoming times, the crucial decisions then will come after Ethereum completed the wave-count and tests the lower-boundary with the support anew as it is marked in my char within the orange box. When Ethereum manages to bounce in this zone it can indicate further bullish stabilization and testing of remaining resistances otherwise when this does not happen and Ethereum increases with bearish pressure further it will lead to a breakout below the lower-boundary that will move into a bearish continuation to the downside, these are the two major scenarios important to elevate.
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 The Channel-Formation, These Are Important Zones!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. Bitcoin in recent times has managed to move above the previous resistance zones at the 51.800 USD level and moved some higher there is however not yet a complete bullish reversal marked this is why Bitcoin is still in an indecisive and in this case I detected an interesting formation that will be worthwhile in the upcoming determinations, therefore I discovered all the important levels and likely destinies we should consider with Bitcoins established structure and the upcoming movements ahead.
Structural Developments:
As when looking at my chart now we can watch there Bitcoin is developing this major ascending-channel-formation marked with the boundaries in blue, besides that Bitcoin has a coherent wave-count within this channel in which it already almost fully completed waves A and B and is now moving with the determination of wave C directly into the upper-boundary that is still resistance and therefore likely to show up with the wave D in the structure from where the wave E can set up in the lower boundary and supports lying there, this wave E will finalize the whole wave-count with testing the upper-resistance anew from where a pullback is likely to show up and after that the actual crucial direction-decision will be shown.
Upcoming Determinations:
Upcoming times when Bitcoin completes the wave-count in the schedule and pulls back initially from the upper-resistance it will first move into the decision-zone within the lower-boundary marked in my chart in orange, when Bitcoin then manages to bounce decisively to the upside within this zone it can lead to testing of higher levels and potentially to stabilization with further continuations otherwise when this does not happen and Bitcoin increases with bearish pressure further to close below the lower-boundary it will indicate a bearish continuation and movements to lower-levels, these scenarios need to be elevated and explicated on how Bitcoin approaches there before finally moving into 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.
XRPUSD, Upthrust Incoming, Objections! Hello Traders Investors And Community,
Welcome to this analysis about XRPUSD, we are looking at the 4-hour timeframe perspective. XRPUSD these times is forming some interesting structure from where it can build up and show up with some solid opportunities in the schedule nevertheless it is highly necessary to distinguish XRPUSD from other important cryptocurrencies as not every is building such formations with potential on the bullish side, therefore I detected all the important levels and likely destinies we should consider with XRPUSD in the structure and the upcoming movements ahead.
As when looking at my chart now we can watch there XRPUSD developed this main ascending-channel-formation marked in blue in my chart, within this channel XRPUSD has this wave-count to the upside where it already completed wave A and is now about to complete the wave B that is rightly testing these main EMA-supports in the structure from where it can build up. When XRPUSD now manages to move above the descending dashed grey trend-lines this will be the confirmation for wave C to establish to the upside, what also validates this establishment is an EMA-crossover with the 45-EMA in red crossing the 85-EMA in green to the upside. When XRPUSD fully emerged with wave C in the structure it will point to the dynamic target-zone marked in orange in my chart from where the situation needs to elevate anew and if XRPUSD manages to continue bullish right away or firstly forms a reversal.
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.
How Cardano Can Build Up In Structure And Form A Final Breakout!Hello Traders Investors And Community,
Welcome to this analysis about Cardano, we are looking at the daily timeframe perspective, the recent events, the established formational structure, and what we can expect in the upcoming times. Cardano recent times was one of the currencies that managed to hold its structure and do not show up with such a increases bearish protraction and exaggeration like it was in other cases, in this case, it is also necessary to distinguish Cardano from other important cryptocurrencies as not each is building similar structures, therefore I detected all the important levels and likely destinies we should consider within the established structure and the upcoming movements ahead the next times.
As when looking at my chart now we can watch there how Cardano has developed this main ascending-channel-formation marked with the boundaries in blue, within this channel Cardano has already completed the sub-wave-count of the major C wave in the main wave-count to the upside and now lastly Cardano is moving with the wave D into the lower-boundary where an origin of the wave E to the upside is likely, this will be highly crucial because when Cardano does not hold the given supports and moves below the boundary such a price-action can also invalidate the whole formation and upcoming dynamic again. Taking all these factors into the consideration now Cardano has established a structure from where it has the ability to back-up and stabilize further therefore it rightly needs to hold the structure and do not show up with bearish invalidation signs again that can invalidate the whole formation nevertheless when Cardano manages to build up in the structure a final continuation will establish above the boundary, 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.
How Ethereums Major Breakout-Fractal Can Develop Once Again! Hello Traders Investors And Community,
Welcome to this analysis about Ethereum, we are looking at the 6-hour timeframe perspective. Ethereum especially the last times is one of the more volatile currencies within the market forming movements to the up as well as to the downside and indicating traps into both directions, this is important to not underestimate, and especially for inexperienced traders it can prove fatal however when lined-up rightly such price-swings can lie ground for good opportunities as we have also managed within the channel to take up such opportunities, therefore I detected the current fractal structure, important levels and what are main scenarios we should consider within the upcoming times.
Fractal Developments:
As when looking at my chart now we can watch there how Ethereum already once completed this major expansion-fractal in which it firstly develops a accumulational-phase with the waves reaching from A to E before it finally managed a breakout and validation to the upside showing up with the expansional-phase as it is marked. Currently, Ethereum is about to form a very similar structure in the schedule with the accumuational-phase still ongoing and the waves A to C already completed, now when Ethereum stays within this channel and manages to continue with the wave-count in the channel this can lead to a similar breakout above the boundary as it was seen within the first fractal already.
Upcoming Determinations:
Taking all these factors into the consideration, Ethereum is in a situation where it can complete this main fractal once anew and as when comparing the structure this second fractal is much steeper than the first one which can indicate that Ethereum completes a stronger bullish breakout however the possibility is also higher to invalidate it which will happen when Ethereum moves below the lower-boundary, therefore, in this case, it is of high importance to wait for the proper validations before moving into the final direction. And it is also necessary to distinguish Ethereum from other currencies as not each is building such dynamic formation to build upon, 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, Main Channel-Formation, Upcoming Considerations!Hello Traders Investors And Community,
Welcome to this analysis about Bitcoin on the 4-hour timeframe perspective. Since Bitcoin has shown up with the heavy declines last month it somewhat managed to marginally recover however it is important to note that Bitcoin not yet fully validated a complete bullish reversal with continuation-possibilities ahead, it is always highly necessary to wait on the proper confirmations before finally deciding into one direction, for now, there are still other important price-actions to fully exclude the bearish scenarios, therefore I detected all the important levels and likely destinies we should consider with Bitcoins established structure and the upcoming movements ahead next times.
Structural Developments:
As when looking at my chart now we can watch there Bitcoin established this major descending-channel-formation marked with the black boundaries, within this channel Bitcoin has the coherent wave-count in which Bitcoin already completed the waves A and B and with the ending of wave B moved directly into this still remaining main resistance-zone marked in red in my chart, Bitcoins pulled back several times within this zone, therefore, it is more likely that Bitcoin does so again when it does not manages to sustainably close above this main-resistance which is inevitable indicating a full reversal, therefore this main-resistance and the resistance-cluster is likely to be the origin of the wave C to the downside.
Upcoming Determinations:
Taking all these factors into consideration Bitcoin has a greater possibility to increase bearish pullbacks the next times and develop the remaining wave C in the structure further that will move into the lower levels of support marked in my chart with the blue main-support-zone. When Bitcoin manages to bounce within the lower-supports and this bounce is strong enough it can finally lead to a channel-breakout as it is marked in my chart however after that it is of high necessity that Bitcoin finally marks above the main-resistance and closes there within the bullish-continuation-zone marked in green because before that does not happen the possibilities for further pullbacks are still given, 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.
LINKUSD, Established Channel-Formation, Breakout Incoming!Hello Traders Investors And Community,
Welcome to this analysis about LINKUSD, 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. LINKUSD was one of the currencies that has shown up with initial bearish declines to the downside where it has now marginally recovered and testing remaining resistance, this case now I discovered an interesting formation LINKUSD is now forming that can lead to a great breakout with upcoming determinations when LINKSUD shows up with the right 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 LINKUSD has developed this main descending-channel-formation marked in blue, besides that LINKUSD has a wave-count consisting of the already completed waves A and B and now setting up with the wave C as it is moving into the upper-boundary which is still resistance and therefore is likely to be the origin of the major wave C to the downside that will run directly into this confirmational bounce cluster and move to the upside from there, when this bounce is sufficient enough it can lead to a great breakout above the upper-boundary and continuations to the upside. For now, it will be necessary to elevate how LINKUSD continues with the established wave-count and how it reacts within the lower supports, a final confirmation of the breakout will show up as marked in my chart with LINKUSD moving above the upper-boundary and lying, therefore, ground for the continuation. The breakout that will show up sooner or later is more likely than LINKUSD invalidating the formation which will only develop when LINKUSD increases very strongly with bearish pressure and bearish signs.
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.
Why XRP Can Show A Great Breakout When This Formation Completes!Hello Traders Investors And Community,
Welcome to this analysis about XRPUSD, 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. XRPUSD since showing up with high volatile bullish movements above previous resistances pulled back into the structure anew where it has found some supports in the structure, now I discovered quite an interesting formation XRPUSD is developing here that can lead to great breakouts and continuations when XRPUSD manages to show up with the right price-actions, therefore I detected all the important levels and likely determinations we should consider with the established structure and upcoming movements.
Structural Developments:
As when looking at my chart we can watch there this massive symmetrical triangle-cluster-formation XRPUSD is developing within its structure, within this main formation XRPUSD has the wave-count with the waves A to C already completed and now with XRPUSD about to form the wave D in the schedule that will move directly into the resistance-cluster marked in red from where a pullback and therefore development of the wave E is likely to show up, this wave E will then move and test the crucial confirmational-bounce-cluster in blue in which XRPUSD will finalize the whole wave-count and when XRPUSD manages to bounce sufficiently within this zone it can lead to a great upside-breakout above the upper-boundary.
Upcoming Determinations:
Taking all these factors into consideration XRPUSD is trading in a formation in which it can build up and lie ground for a strong bullish breakout to the upside, therefore it is inevitable that XRPUSD does not close below the lower-boundary again because such a price-action will invalidate the whole formation within the bullish-triangle-invalidation-zone marked in red in my chart. The next time it will be important to elevate how XRPUSD proceeds with the wave-count and how it manages to finalize the formation in this case it is necessary to wait on the proper validations before finally moving in this 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.
Ethereum, In Potential Flag-Formation, Main Scenarios!Hello Traders Investors And Community,
Welcome to this analysis about Ethereum, we are looking at the 2-hour timeframe perspective, the recent events, the established formational structure, and what scenarios Ethereum is likely to show up with. Ethereum last times managed to hold the supports established at the 1300 level and form some bullishness to the upside from there, this, however, is not yet a complete bullish reversal as Ethereum not yet fully validated it, in this case, we should not underestimate the possibilities for bearish pullbacks, therefore I detected all the important levels and likely destinies we should consider with Ethereums established structure and the upcoming movements we should consider.
Structural Developments:
As when looking at my chart we can watch there how Ethereum is building this major ascending-channel-formation marked with the boundaries in blue, furthermore, Ethereum is trading within this coherent wave-count in which it already completely finished the waves A and B in the schedule and now with the wave C runs directly into this dynamic resistance-cluster marked in red from where a pullback to the downside is highly likely that should be also expected in this case, this pullback will initially move on into the lower-boundary, which will be crucial as Ethereum will decide either to continue the established wave-count with the wave D and a wave E to the upside moving into the upper-resistance or Ethereum right aways breaks out below the lower-boundary completing the formation as a bear-flag and pointing to further continuations.
Upcoming Determinations:
Taking all these factors into the consideration now it will be important to elevate how Ethereum moves into the lower-boundary anew and if there comes a bullish bounce because when this happens the wave-count will continue and finish with the wave E otherwise when this does not happen and Ethereum increases with bearishness further a breakout below the lower-boundary will complete the channel as a flag right away and indicate the continuation to lower levels, these are the two main scenarios important to consider here, either way, the bearish perspective is still not from the desk. This does not mean Ethereum is completely bearish therefore it will be determining how Ethereum reacts within the lower-supports to form a potential stabilization.
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, Develops Channel-Formation, Potential Scenarios!Hello Traders Investors And Community,
Welcome to this analysis about Bitcoin, we are looking at the 30-minute timeframe perspectives, the recent events, the established formational structure, and what scenarios we can expect in the upcoming times. Bitcoin since initially pulling back from the upper-resistance somewhat found supports within the 47.200 USD level from where it has shown up with some up moves, now, in this case, I discovered an interesting formational structure Bitcoin is forming that will determine the upcoming movements, it is important to note that the bearish perspective is not out of sight and that Bitcoin has still higher possibilities for pullbacks given, 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 Bitcoin is forming this main ascending-channel-formation within the structure marked in blue within the chart, furthermore, Bitcoin is developing this coherent wave-count within the formation already completing waves A to C in the structure and now with the determination of the wave C that moved into the upper-boundary which is still resistance Bitcoin is likely to show up with the wave D from that level, the wave D will move into the lower-boundary and the supports lying there from where the wave E will likely have its origins. When this final wave emerges it will complete the whole wave-count either within the channel or with the E-wave-extension as it is shown.
Upcoming Determinations:
Taking all these factors into consideration Bitcoins bearish pullback-possibility is still given, in this purpose it will be important to elevate if Bitcoin firstly shows up with the E-wave-extension before or finalizes the wave-count within the channel to show up with a breakout below the lower boundary of the channel which will complete it as a bear-flag, these two scenarios are given and upcoming. When Bitcoin shows up with the more likely bearish pullbacks upcoming times these pullbacks will protract and continue till there is support found in which Bitcoin has the ability given to back-up and stabilization moving forward to test remaining resistances again, the lower-support marked in my chart will be a considerable place for recovery.
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, Decisive Flag-Formation Forms, Upcoming Perspectives!Hello Traders Investors And Community,
Welcome to this analysis about Polkadot, 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. Polkadot recent times has shown up with some serious bearish pullbacks in the structure testing previous supports and holding them now quite marginally this is why the bearish perspective should not be underestimated here as Polkadot did not show a sufficient indication for a solid bullish back-up and continuation, in this case, I discovered a decisive formation Polkadot is forming that will be important in the upcoming determinations, therefore I detected all the important levels and likely destinies ahead the next times.
Structural Developments:
As when looking at my chart now we can watch there how Polkadot is establishing this main ascending-channel-formation marked with the blue boundaries in my chart. Furthermore, Polkadot has the coherent wave-count within the formation with which it already completed waves A to D in the structure and is now about to set up forming the wave E which will finalize the whole wave-count and will run directly into this crucial upper resistance-cluster marked in my chart in red, when Polkadot approaches this cluster it will be highly likely that a bearish pullback will follow up that will first approach the lower-boundary anew and when this does not hold with Polkadot breaking out below it will complete the whole formation as a bear-flag.
Upcoming Determinations:
Polkadot is in a situation where it has not yet validated a full bullish continuation potential this is why it is important to elevate the next times how Polkadot proceeds further in this main formation it is forming as for now it is necessary to do not keep the bearish perspective out of sight and be prepared on the bear-flag to complete because this is a likely scenario at the moment. When Polkadot finishes the bear-flag and continues with the bearishness Polkadot will move on and test the lower-supports marked in my chart in blue, when this happens it needs to be elevated if Polkadot manages a sufficient reversal and back-up again or it just sets up for further bearish continuations, it will be an important and 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.
XRPUSD, Develops Main Channel-Formation, Considerable Zones!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. As XRPUSD made the heavy bearish breakdowns that moved right away into the remaining supports XRPUSD firstly managed to stabilize within these supports and as I discovered now is forming some very interesting structures that can potentially lead to a final reversal in the schedule, in this case, it is necessary that XRPUSD shows up with the right price-actions and do not invalidate the bullishness anew, therefore I detected all the important levels and likely destinies we should consider in this situation.
Structural Developments:
As when looking at my chart we can watch there how XRPUSD is moving within this main descending-channel-formation marked with the black boundaries in my chart, furthermore XRPUSD has established this coherent wave-count within the formation already completing waves A to D in the schedule where it recently pulled back from the upper-boundary and is now setting up to form the wave E in the structure as the upper-boundary is still resistance. The upcoming wave E will finalize the whole wave-count and will run directly into the back-up-cluster marked in my chart within the lower-boundary in which several supports are lying likely to show up with a sufficient bounce to the upside and potential further determinations.
Upcoming Perspectives:
Taking all these factors into the consideration now XRPUSD has developed a structure from where it has the abilities to build up when the wave-count rightly finishes and XRPUSD does not show up with extreme bearish signs again that can invalidate these scenarios. When this happens and XRPUSD manages to bounce in the support the final breakout needs to be awaited as it is shown within my chart above the upper-boundary. When XRPUSD manages the final breakout this will activate upside targets and the additional bullish continuations. For now, it is necessary to elevate how XRPUSD continues further in the structure and how it completes the wave-count to build upon it.
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, Scenarios To Consider When A-T-H-Support Does Not HoldHello Traders Investors And Community,
Welcome to this analysis about Ethereum, we are looking at the 4-day timeframe perspective, the recent events, the established formational structure, and what we can expect in the upcoming times. The last times Ethereum has shown up with the breakout above its previous all-time-high and close in this region, where it managed to advance further however lastly Ethereum showed up with bearish price-action and moved into the previous all-time-high condition anew, this is important to watch out here with Ethereum because Ethereum can also increase with bearish price-action further which can alter the whole dynamic, 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 right away after showing up with the bearishness to the downside moved on to test the previous all-time-high-conditions marked in my chart in orange, this is a very important support for Ethereum to hold because when this support does not hold and Ethereum does not manages to back-up and stabilize further Ethereum will firstly visit lower levels in the structure determined within the next considerable support marked in my chart with the green box, therefore it is necessary to elevate how Ethereum moves on further from here and if the supports can be held or not because this will determine Ethereums movements in the near future.
Upcoming Determinations:
Taking all these factors into consideration Ethereum has established this main upside-wave-count in which it is currently about to form the wave D in the structure, therefore, it will be of high importance to illuminate where this wave D will finally finish if it is either still above the previous all-time-high-conditions or within the next considerable supports in the EMA-structure, this is what is necessary to consider next times and it is of utmost urgency to keep patient and do not rush into trades that do not satisfy as it is seen often these times, before the right direction has not confirmed it is not unsmart to wait on the proper opportunities or to look on more local timeframes for potential short-term-trades, 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, Major Broadening-Wedge Can Indicate Breakout-Dynamics!Hello Traders Investors And Community,
Welcome to this analysis about Bitcoin, we are looking at the 4-hour timeframe perspective. Bitcoin after showing up with these strong bearish volatilities to the downside has somewhat managed to stabilize in its structure and test previous resistances anew instead of continuing bearishly right away, in this case, I detected a decisive formation Bitcoin is forming that can determine great continuations when Bitcoin manages to show up with the right price-action in the schedule and when it does not invalidate the formation, when Bitcoin manages to do so there can come great objections and breakout-dynamics, therefore I detected all the important levels and likely determinations we should consider.
Structural Developments:
As when looking at my chart we can watch there how Bitcoin is now about to form this major broadening-wedge-formation marked in my chart with the blue boundaries and also with the coherent wave-count within the formation in which Bitcoin already completed the waves A to D rightly in the schedule and now Bitcoin is about to determine the wave E that is already within its sub-wave-count, therefore it is likely that Bitcoin moves on with the wave-count and points directly into this main confirmational-bounce-cluster marked in my chart with the blue boundaries, this is the zone where Bitcoin can show up with a solid back-up that can lead to the proper continuation and then also the breakout above the upper boundary.
Upcoming Determinations:
Taking all these factors into consideration Bitcoin is in a situation in which it has formed this very interesting formation that can lead to further bullish potentials ahead upcoming times nevertheless it is necessary that we properly keep patient and wait on the confirmations before moving into the right direction instead of rushing into trades. Currently, the development and upside-breakout of the wedge-formation is more likely than a bearish invalidation to the downside Bitcoin just needs to show up with the proper price-actions, therefore it is necessary to elevate how Bitcoin continues further here and that it does not show up with strong bearish signs that can invalidate the formation, it will be an interesting determination 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.
Cardano, Develops Main Wedge-Formation, How It Completes! Hello Traders Investors And Community,
Welcome to this analysis about Cardano, 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. Cardano is one of the currencies in recent times showing up with not that strong exaggerated and protracted bearishness to the downside, this is why it also managed to somewhat hold its structure and form some moves to the upside within, besides that I discovered a decisive formation Cardano is now about to form that is likely to determine the upcoming movements and when Cardano shows up with the right price-actions this can lead to a great upside-breakout, therefore I detected all the important levels and likely destinies.
Structural Developments:
As when looking at my chart now we can watch there how Cardano is developing this main descending-triangle-formation marked in my chart in blue, furthermore Cardano has this coherent wave-count established within the formation already completing waves A to C in the structure and is now about to form the wave D that will move into the upper-boundary that is still resistance and therefore likely origin of the final wave E to the downside that will complete the whole wave-count and run directly into this main back-up-cluster marked in blue from where a bounce has good potentials and should be expected for Cardano to finally move on with the triangle-breakout and activation of further continuation.
Upcoming Determinations:
Taking all these factors into the consideration now Cardano has established a very interesting formational structure from where it has the abilities to build up on when it manages to show up with the right price-actions. Therefore when this happens and Cardano manages to complete the whole formation with the breakout above the upper-boundary as it is marked in my chart, such a price-action will activate the upside targets marked in orange, when Cardano reaches out these targets the situation needs to be elevated anew and how Cardano continues to develop from there especially if there comes a bullish continuation right away or firstly a pullback which is really not unlikely in this case, 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.
XRPUSD, Channel-Breakout As Expected, Further Considerations!Hello Traders Investors And Community,
Welcome to this update-analysis about XRPUSD, 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 the former analysis XRPUSD has managed to show up with the great bullish descending-channel-breakout as expected, this was a very important validation in the schedule, if you did not see the analysis already I highly recommend it to watch to have a full-depth-overview. In this case, now XRPUSD has formed further meaningful signs within its structure that will determine further outcomes, therefore I detected all the important levels and likely destinies we should consider.
As when looking at my chart we can watch there now how XRPUSD is forming a second channel that is now an ascending-channel marked in black in my chart, besides that XRPUSD has developed this coherent wave-count also within this channel already completing the waves A to C in the structure and now about to form the wave D that will move into the support from where the origin of the final wave E is highly likely to show up with. Now when the wave E properly emerges it will move on to the upside and finalize the whole wave-count, in this case XRPUSD will run directly into the strong upper resistance-cluster marked in my chart in red from where a pullback is highly likely and should be expected. This pullback then will move on and firstly visit lower levels in the structure especially when XRPUSD breaks down below the lower-boundary of the channel and continues bearishly from there. When considering the more middle-term XRPUSD needs to hold this whole structure and build upon it taking the bullish perspective for the proper approach, for now, it is important to elevate how XRPUSD approaches all these upcoming circumstances, 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!
"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, In Accumulation-Distribution-Channel, Important Zones!Hello Traders Investors And Community,
Welcome to this analysis about Ethereum, we are looking at the 2-hour timeframe perspectives, the recent events, the established formational structure, and what we can expect in the upcoming times. Ethereum since showing up with serious bearishness to the downside has somewhat managed to recover marginally in the structure and move on with volatile movements to the up as well as to the downside, it is not seldom seen that the market shows up with a more stronger and more protracted move after such determinations, in this case, I discovered a decisive formation Ethereum is building with the destinies within therefore we are looking at all the important levels and likely movements we should consider.
Structural Developments:
As when looking at my chart now we can watch there how Ethereum is now trading within this massive descending accumulation-distribution-channel marked with the black boundaries in the chart. Besides that Ethereum has developed a coherent wave-count within the channel already completing the waves A to D in the schedule and is now setting up with the wave E that will move directly into the accumulation-range marked in green again and also into the back-up-cluster lying there as it is marked in my chart. Such a movement will complete the whole wave-count and it will be interesting to elevate in what manner Ethereum approaches the back-up-cluster matching with the accumulation-range as this can determine a proper move to the upside.
Upcoming Determinations:
Taking all these factors into consideration Ethereum is trading in a situation in which it is likely to follow-through with the wave-count within the next times, when this wave-count finished and Ethereum bounces within the accumulation-range this can lead to a potential upside-breakout when Ethereum does not form the next distribution and when the bullishness is strong enough. Considering all of this it is highly necessary that Ethereum properly holds the supports because when this does not happen and Ethereum closes below this can also possibly invalidate the whole formation and move on with increased bearish pressure to the downside, it is important though to elevate further alignments, 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.