LINKUSD, Develops Channel-Formation, Important Determinations!Hello Traders Investors And Community,
Welcome to this analysis about LINKUSD, we are looking at the 4-hour timeframe perspective, the recent events, the established formational structure, and what we can expect in the upcoming times. Since LINKUSD made the bearish breakdowns from 36 to 23 USD it somewhat recovered marginally and showed up with some up moves from there, in this case now I discovered a very interesting formational structure LINKUSD is forming here that will be worthwhile in the upcoming determinations, therefore it is necessary to properly elevate how LINKUSD develops further in the structure and with what confirmations it shows up, in this case, I detected all the important levels and likely destinies ahead upcoming times.
Structural Developments:
As when looking at my chart now we can watch there how LINKUSD is about to build this major ascending-channel-formation in the structure with the boundaries marked in blue and besides that with the coherent wave-count within the formation already completing waves A to C fully in the structure and now setting up for the wave D that will run directly into this main back-up-cluster marked in blue from where LINKUSD is likely to show up with the wave E to the upside that will finalize the whole wave-count and will move into the strong resistance-cluster marked in red from where a pullback to the downside will with a high likelihood show up and move firstly into the lower boundary and the decision-zone there.
Upcoming Determinations:
Taking all these factors into the consideration, LINKUSD will show up with the determining price-actions once it completed the wave-count and moved into the decision-zone marked in orange in my chart, LINKUSD will then either have the ability to back-up and show up with a sustainable bullish increase or it does not manage to hold the levels and increases with bearish pressure further to move below the lower boundary, such a price-action will complete the whole formation as a bear-flag and activate downside pressure, in the current situation this possibility is not out of the desk and especially when LINKUSD shows up with it this can increase bearish pressure exponentially, 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.
Vinceprince
Here Is How Litecoin Can Form A Potential Channel-Breakout!Hello Traders Investors And Community,
Welcome to this analysis about Litecoin, 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. Litecoin is one of the more volatile pairs these times as it has shown up with volatile movements to the up as well as to the downside, it is not seldom seen after such volatility that a major breakout and shift in dynamics occurs sooner or later in which price-action finally decides into one direction, in this case, I discovered a decisive formation Litecoin is forming that will determine the upcoming movements we should consider, therefore I detected all the important levels and likely destinies.
Structural Developments:
As when looking at my chart now we can watch there how Litecoin is about to form this major descending-channel-formation marked in my chart in blue, furthermore Litecoin has a coherent wave-count within the formation in which it already completed waves A to D in the structure and is forming now the wave E that will finalize the whole wave-count and will run directly into this main back-up-cluster marked in blue in my chart within the lower-boundary-zone where also the 600-EMA in red and the 500-EMA in green coming together building solid support from where Litecoin has the ability to back-up and potentially generate the upcoming channel-breakout finally indicating a sufficient reversal for Litecoin.
Upcoming Determinations:
Taking all these factors into consideration Litecoin is trading in a situation where it can show up with the ability to form a great reversal and ongoing breakout when it manages the proper price-action, therefore it is highly necessary that it does not increase with bearish pressure extremely again and move below the lower-boundary especially below the support-areas so important to hold because when this happens it can also invalidate the formation again. For now, it will be important to elevate how Litecoin continues with the established wave-count within the formation and how it manages to back-up in the zone to form a breakout above the boundaries, 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!
"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.
Important Scenario ETH Needs To Show Establishing Main Breakout!Hello Traders Investors And Community,
Welcome to this analysis about Ethereum, we are looking at the weekly timeframe perspective, the recent events, the established formational structure, and what we can expect in the upcoming times. In the past weeks, Ethereum managed to mark above its previous all-time-high and close on the weekly within the new all-time-high region, this was a major achievement for Ethereum and in this case, now I discovered a very decisive structure Ethereum is forming that will be very important in the upcoming determinations, therefore I detected all the important levels and likely destinies we should consider within the established structure and the upcoming movements we should consider.
Structural Developments:
As when looking at my chart now we can watch there how Ethereum shooted above the previous all-time-high-condition and initially tested the upper-boundary of this massive ascending-channel-formation marked in blue from where it now recently pulled back to the downside with this strong bearish candle, where it is now testing the previous all-time-high condition, this level is extremely necessary to hold sustainably because when this does not happen and Ethereum does not manage to increase to the upside from that level it will continue bearishly within the bearish-continuation-zone marked in my chart in red because the main reference-supports will be broken then, this is a scenario that should not be underestimated here.
Upcoming Determinations:
Taking all these factors into the consideration now when Ethereum manages to stay above these important supports and manage a bullish increase such a price-action can potentially lead to a breakout above the upper boundary of the massive channel, when this case happens it is necessary that Ethereum properly holds above the boundary to increase further because when this does not happen it can also lead to a bull-trap. For now, it will be highly necessary to elevate how Ethereum manages to continue further within the established structure and how it will build up from there, in any case, the outcome needs to be elevated before finally moving in the proper 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!
"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, Bearish-Wedge-Divergence, Crucial Shiftings Ahead!Hello Traders Investors And Community,
Welcome to this analysis about Bitcoin, we are looking at the 2-day timeframe perspective, the recent events, the established formational structure, and what to expect in the upcoming times. The main ascending-wedge-formation Bitcoin is forming that I already mentioned in previous analysis has shown up with some very important indicators that should not be underestimated in any case especially as Bitcoin pulled back severely in recent times I discovered a decisive underlying divergence that can confirm the upcoming protracted bearish pullback when Bitcoin continues the development in the formation, therefore I detected all the important levels and likely destinies we should consider here.
Structural Developments:
As when looking at my chart now we can watch there the main ascending-wedge-formation Bitcoin is forming marked in blue in my chart, furthermore, Bitcoin has the coherent wave-count within the formation already completing the waves A to C fully in the structure and now with the finalization of wave D that is moving into the lower boundary from where the wave E will likely have its origins this can complete the whole wave-count and therefore also the whole formation, especially when taking this wave E into the combination with the bearish RSI divergence forming it is confirming that a major pullback has a high likelihood to follow up when Bitcoin completes the wave-count and the third main wave in the RSI from where the final pullback below the trendline likely follows up.
Upcoming Determinations:
Taking all these factors into the consideration now Bitcoin is trading in a situation where it is not only developing this massive ascending-wedge-formation but also showing these bearish RSI divergences underlining the fact that there will come a bigger pullback sooner or later especially when these circumstances complete, therefore it is necessary that we do not over speculate the market into a one-sighted direction as it is seen to often these days rather it is necessary to elevate the market as it is, in this case, we should be prepared on this main potential bearish pullback to the downside to not get overwhelmed by circumstances when it finally happens and especially to do not lie open food for the market makers and smart money operators within the market.
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, Here Is How A Great Channel-Breakout Can Establish!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. Litecoin recent times have shown up with strong bearish volatility to the downside into the lower levels from where it now somewhat marginally managed to increase in the structure and is forming quite an interesting formation that can show up with solid further conclusions when Litecoin manages to develop the right price-action, therefore I detected all the important levels and likely destinies we should consider within the established structure and upcoming movements ahead.
As when looking at my chart we can watch there how Litecoin is trading within this descending-channel-formation marked in blue, within this formation Litecoin has developed a coherent wave-count that rightly completed in the schedule with the wave C in the structure, now Litecoin has some solid supports in the structure determined by the 120-EMA in red and the 65-EMA in green from where a bounce to the upside is likely and when this bounce to the upside is strong enough this can lead to a great channel-breakout above the upper-boundary and set-up for the wave C protraction like it is shown in my chart. All these upcoming events will lead Litecoin into testing the upper-resistance marked in blue which is also the target-zone when the breakout has shown up, with Litecoin moving into this zone a pullback to the downside is highly likely that will then firstly test lower levels, for a solid bullish consideration on the middle-term it is highly necessary that Litecoin manages to hold the upper-boundary of the channel sustainably and do not falls below it again, for now, these upcoming circumstances need to be elevated, 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, Movements In Channel, Important Considerations!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. Since Ethereum has shown up with serious bearishness to the downside it has somewhat found support within the structure from where it has slowly built up however not yet completed a full reversal, in this case now I discovered a decisive formation Ethereum is forming that will be important in the upcoming determinations and it will be necessary to elevate how Ethereum approaches the certain levels and scenarios before coming to a final conclusion, 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 is about to develop this main ascending-channel-formation marked in my chart in blue, within this formation Ethereum has the coherent wave-count with the waves A to C already completed and now with the wave D about to develop, this wave D will run into the lower-boundary and the main support lying there marked in my chart in orange, in this case, a bounce from the support is very likely which will also be the origin of the wave E to the upside finalizing the whole wave-count. This wave E will run directly into this remaining resistance-cluster marked in my chart in red from where the further conclusions either with the wave-E-extension or pullback will be made.
Upcoming Determinations:
Taking all these factors into consideration Ethereum with a high likelihood will continue with the established wave-count and when this wave-count completed Ethereum has either the potential to show up with a wave-E-extension above the upper-boundary when Ethereum manages to form the breakout or otherwise pullback from the resistance-cluster which is more likely as the resistance, for now, is just too strong and a pullback, therefore, more possible. When such a pullback happens Ethereum will continue bearishly firstly below the lower-boundary. These two upcoming scenarios should be elevated and it is necessary to elevate the proper confirmations before finally moving in the right direction, it will be an interesting journey ahead.
Thank you everybody for watching the analysis, great contentment for everybody supporting, have a good day and good trading, all the best!
"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 Decisive H-S-Formation, How It Can Complete!Hello Traders Investors And Community,
Welcome to this analysis about Bitcoin, we are looking at the 4-hour timeframe perspective. As Bitcoin recent times has shown up with strong bearish volatilities to the downside it somewhat managed to stabilize in the structure and form some marginal up-moves from where it can possibly build up further, in this case, I discovered a very decisive formation Bitcoin is forming here that can show up with further potentials when it rightly completes, this is very important because it can also invalidate, therefore it is necessary to do not overspeculate the situation and wait for the proper validations in the schedule, 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 main inverse head-and-shoulder-formation with the left shoulder and the head already formed within the schedule as the head bounced from this important ascending-trend-line, now Bitcoin is about to form the right shoulder in the schedule which is likely to move into the ascending-trend-line anew where the confirmational-bounce-cluster is lying marked in my chart in orange, it is highly necessary for Bitcoin to bounce within this cluster to complete the right shoulder and therefore finalize the whole formation properly because when this does not happen and Bitcoin moves below such a price-action will invalidate the whole formation.
Upcoming Determinations:
Taking all these factors into the consideration now the formation Bitcoin is forming here can lie solid ground when Bitcoin manages to show up with the right price action. When this happens and Bitcoin completes the formation properly this can lead to potential testings of the all-time-high-resistance marked in my chart in red therefore it is highly necessary that Bitcoin does not pull back again. It will be interesting to see how this dynamic develops, in any case, it is of utmost importance to do not rush into trades that do not satisfy and to overspeculate the market into one direction only, rather waiting on the proper confirmations before moving into the market, it will be an important 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.
XLMUSD, In Important Ascending-Channel, Major Decision Incoming!Hello Traders Investors And Community,
Welcome to this analysis about XLMUSD, 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. XLMUSD recently is one of the more volatile currencies moving to the up and down and especially after this major drop has occurred and XLMUSD is mingling in the structure with some supports holding I discovered a decisive formation currently forming by XLMUSD that will be the determining source in the upcoming times, therefore it is necessary to keep patient and elevate how the dynamics develop, therefore I detected all the important levels and likely destinies we should consider with XLMUSD ahead upcoming times.
Structural Developments:
As when looking at my chart now we can watch there that XLMUSD is establishing this ascending-channel-formation marked in my chart with the blue boundaries, in this formation XLMUSD has a coherent wave-count in which it already completed the waves A to D in the schedule and now XLMUSD is about to form the wave E that will finalize the whole wave-count, this wave E will run directly into the strong upper resistance-cluster marked in my chart in red from where a pullback to the downside is very likely and should be expected especially with the fact that XLMUSD will also complete the whole wave-count then this should be expected and after that crucial consideration will come within the decision-zone.
Upcoming Determinations:
Taking all these factors into the consideration, XLMUSD is in a situation where the completion of the wave-count and the following likely pullback will decide within the decision-zone marked in my chart either XLMUSD manages to hold this level right away and builds upon it or it falls below the boundary and continues bearishly to the downside, these two main scenarios need to be elevated in this case nevertheless XLMUSD has overall also good supports on the global perspective so a breakdown of the channel can lead to a potential stabilize and building up below the channel. The next time it is necessary to keep patient and look where the market is moving before overspeculating it in a one-sighted direction.
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.
BNBUSD, Forms Potential Descending-Triangle-Bull-Flag-Formation!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. BNBUSD is one of the cryptocurrencies that recently did not show up with such strong bearish volatility to the downside like it is the case with other cryptocurrencies for example like the major's Bitcoin or Ethereum. Now besides this fact I discovered a decisive formation BNBUSD is currently forming that is likely to determine further outcomes and upcoming perspectives when it shows up with the right price-action, therefore I detected all the important levels and like destinies we should consider here.
Structural Developments:
As when looking at my chart we can watch there how BNBUSD is currently about to form this huge descending-triangle-bull-flag-formation marked in my chart with the blue boundaries, furthermore BNBUSD has the coherent wave-count within this formation already completing the waves A and B in the schedule where it is testing the upper boundary of the formation with the wave B, as this boundary is still a very strong resistance a pullback has a high likelihood to show up here, this pullback will then move on with the wave C in the structure, this wave C determination will be the whole crucial part in this structure because when BNBUSD then manages to properly bounce within the confirmational-bounce-cluster it can lead to a breakout.
Upcoming Determinations:
Taking all these factors in the consideration BNBUSD is in a situation in which it has developed this major descending-triangle-bull-flag-formation that can show up with great potentials to the upside when BNBUSD manages to maintain the right price-actions here, therefore it is of utmost importance that BNBUSD does not fall below the lower boundary and the ascending-trend-line again because this will invalidate the whole formation however this is not the most likely perspective nevertheless it has to be elevated how BNBUSD approaches the given supports and how it manages to bounce from there, when this bounce is strong enough it will likely follow up with the proper breakout, 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.
ETH, H-S-Formation, Potential Tests Of Remaining Resistances!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 we can expect in the upcoming times. Ethereum since showing up with heavy bearish downside price-action it has somewhat managed to develop some initial moves to the upside that not yet fully completed into a reversal nevertheless I discovered a potential formation Ethereum is forming here that can be a decisive source in the upcoming determinations and especially when it rightly completes that can lead to first testings of remaining resistances, therefore I detected all the important levels and likely destinies we should consider here.
Structural Developments:
As when looking at my chart now we can watch there how Ethereum is forming this potential inverse head-and-shoulder-formation marked in my chart with the blue neckline, Ethereum already completed the left shoulder and the head in the structure and is now about to develop the right shoulder which will possibly finalize the whole formation, therefore it is highly necessary that Ethereum rightly bounces within the confirmational-bounce-cluster marked in my chart in blue and do not fall below it because when this happens the whole formation will be invalidated in the h-s-formation-invalidation-range shown in my chart, therefore a bounce from the support is inevitable.
Upcoming Determinations:
The next times will be decisive for Ethereum as it will show if Ethereum rightly manages to bounce within the structure sustainably to finalize the whole formation and show up with the proper breakout above the neckline, when this happens like it is shown within my chart this will activate the further bullish continuation and testings of remaining upper resistances however it is likely then that Ethereum firstly pulls back and visits lower levels again because the resistances are still just to omnipresent to keep by side and it is not seldom seen that price-action firstly initially pulls back when approaching such resistances, for now, it is necessary to elevate how Ethereum manages the potential h-s-completion to show up with further conclusions.
Thank you everybody for watching the analysis, great contentment for everybody supporting, have a good day and good trading, all the best!
"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 Main Wedge-Formation, Upcoming Considerations!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 recent times has shown up with serious bearish declines which are still omnipresent and when Bitcoin does not show up with the right price-action to possibly determine a shifting in the dynamic further pullbacks have the potential to follow, therefore it is necessary to approach the market from the right angle and do not unnecessarily overspeculate it into a one-sighted direction, in this case, I detected all the important levels and likely destinies we should consider within Bitcoin established structure and upcoming movements.
Strucural Developments:
As when looking at my chart we can watch there that Bitcoin is globally trading within this huge ascending-channel marked in my chart with the dashed grey trend-lines, on the more local perspective Bitcoin is now forming also this potential descending-wedge-formation marked in blue with the coherent wave-count within the formation already completing waves A to B mainly and now setting up to form the wave C, the determination of the wave C will be extremely crucial as it will test highly important levels of support determined by the back-up-cluster marked in blue and consisting of several different supports within this structure like the lower-boundary of the channel, the 120-EMA in red and the support which was previously resistance.
Upcoming Determinations:
Bitcoin now is in a situation where it needs to decide within the next times if it has the right abilities to properly manage such a potential breakout and wedge-confirmation like it is shown within my chart, otherwise, when this does not happen and Bitcoin increases with bearish pressure further such a price-action will invalidate the whole formation and continue bearishly within the bearish-continuation-zone marked in red in my chart. For now, these possibilities need to be waged and it is of utmost importance to not just rush into the market in trades that do not satisfy, it is always necessary to first determine the proper validations before taking adaptive action as we have also managed within the channel, 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.
Litecoin, Develops Main Wedge-Formation, How It Completes! 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 was a cryptocurrency that showed up with heavy downside volatility within the last times especially exaggerating and protracting to the downside where it now tests remaining structures of support, besides that I discovered a decisive formation Litecoin is now forming that is likely to be the main source within the upcoming developments when Litecoin shows up with the proper price-actions, therefore I detected all the important levels and likely destinies we should consider with Litecoin in the established structure and upcoming movements.
Structural Developments:
As when looking at my chart we can watch there how Litecoin is trading within this huge potential descending-wedge-formation, furthermore Litecoin has the coherent wave-count within the formation with the waves A to C almost already developed and with the wave D now establishing which is running directly into the upper-boundary from which is likely to be the origin of the wave E to the downside that will finalize the whole wave-count and run directly into this major back-up-cluster marked in my chart in blue, this zone will be extremely crucial for Litecoin because it needs to properly bounce within this zone to form a solid breakout above the upper boundary of the formation and show up with further continuations ahead upcoming times.
Upcoming Determinations:
Taking all these factors into consideration Litecoin is trading within a structure that can show up with a potential reversal in the schedule when it manages to maintain the proper price-actions, when this happens and Litecoin shows up with the breakout as it is marked in my chart and complete the whole formation this will lead to the further continuation of bullishness and testing of higher levels. The next times it will be important to elevate if Litecoin manages to show up with the right price action, mainly it is necessary to not invalidate the whole formation with bearish pressure below the supports however this is currently not the most likely possibility and the potential wedge-confirmation should be more expected.
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.
Why This Validation Can Maintain XRP Further Resistance Tests!Hello Traders Investors And Community,
Welcome to this analysis in which we are looking at XRPs hourly timeframe perspective, the recent events, the established formational structure, and what we can expect within the upcoming times. As XRPUSD has shown up with heavy declines the last times now recently it somewhat seems to stabilize within the structure and initially possibly building up, in this case I discovered a decisive formation XRPUSD is forming here that can lead to a great volatile breakout when XRPUSD manages to show up with the right price-action, this is really important because when this does not happen it can also validate again, therefore I detected all the important levels and likely determinations we should consider within the established structure and upcoming movements ahead.
Structural Developments:
As when looking at my chart now we can watch there how XRPUSD is forming this descending-channel-formation after initially bouncing to the upside from the ascending-support-line, besides this descending-channel which is marked in blue in my chart XRPUSD has also the coherent wave-count within the formation already almost completing all the waves and finalizing the wave-count. Now the next times will be important here, therefore, when XRPUSD manages to bounce sufficiently within the structure to the upside and finally mark above the upper-boundary of the descending-channel as it is shown within my chart this will lie ground for the next bullish determinations to the upside and testing of remaining resistance higher in the structure.
Upcoming Determinations:
Taking all these factors into consideration XRPUSD has formed a great structure from where it can build up to test the remaining resistances, in this case, it is inevitably necessary that XRPUSD properly holds the supports in the structure and do not fall below them again because this will invalidate the bullish continuations within the bullish-invalidation-zone marked in red in my chart. For now, the bearish side should not be underestimated before XRPUSD manages to show up with the proper price-actions it is always necessary to firstly anticipate these right validations before moving on with the further conclusions and proper alignments as we have also managed it within the channel.
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, Develops Major H-S-Formation, Upcoming Determinations!Hello Traders Investors And Community,
Welcome to this analysis about Ethereum, we are looking at the 12-hour timeframe perspective, the recent events, the established formational structure and what we can expect in the upcoming times. Ethereum was one of the cryptocurrencies showing up with heavy downside volatilities, this fact should in any case not be underestimated, it was great for us to secure profits properly on the short-side within the channel and now I discovered a decisive formation Ethereum is forming that is likely to lie ground for the upcoming determinations, therefore it is necessary to elevate further price-actions rightly before finally moving in the proper direction with the right informational input.
Structural Developments:
As when looking at my chart now we can watch there Ethereum is now building this massive head-and-shoulder-formation with the left shoulder and the head already completed in the schedule and now recently Ethereum managed to bounce within the 160-EMA from where it has shown up with initial price-action to the upside, now this is likely to continue for Ethereum to maintain the right-shoulder-development within the upcoming times. This price-action will run directly into this remaining strong resistance in which the likelihood for a pullback to the downside is very high and should be expected as it will contribute to the right shoulder to finalize from where the final crucial decisions will be made in either the bullish or bearish direction.
Upcoming Determinations:
Taking all these factors into consideration Ethereum is in a situation in which it is necessary to elevate how the further right shoulder will develop and after that in what pace Ethereum approaches the decision-zone marked in my chart in red, when the bearish pressure, in this case, is very high it will lead to the head-and-shoulder confirming bearishly which by the way has a greater possibility at the moment, otherwise when the momentum is very slow and Ethereum keeps the neckline as support to bounce from it to the upside, such price-action will lead to a breakout above the upper resistances and therefore validation of the head-and-shoulder bullishly, for now, it is inevitable to elevate these further developments upcoming.
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.
How Bitcoin Can Potentially Approve A Main Channel-Breakout!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 Bitcoin has shown up with the strong bearish declines to the downside after marking its top at the 85.400 USD level it has now formed several lower-lows within the schedule where it is mingling in the structure, it is not seldom seen that after such movements the main reversal with high volatility establishes or the market sets up for a continuation, these two possibilities need to be waged correctly here and therefore I detected an important formation Bitcoin is forming that can be worthwhile for the upcoming determinations.
Structural Developments:
As when looking at my chart we can watch there how Bitcoin has now developed these several lower-lows within the structure which several times tested the point-of-control of the volume profile which is still an important resistance in this case. Furthermore, Bitcoin is forming this important descending-channel-formation marked in my chart with the blue boundaries and also with the coherent wave-count within in which Bitcoin already completed waves A to C fully and is now setting up with the wave D that will run directly into this strong resistance-cluster which is likely to be the origin of wave E protracting further and possibly completing the whole wave-count within the back-up-cluster marked in blue from where a bounce needs to emerge.
Upcoming Determinations:
Taking all these factors into the consideration now Bitcoin is trading in a situation where it has formed this descending-channel structure that can firstly lead to a sufficient breakout, when this breakout happens as marked in my chart Bitcoin will move on to test upper levels of resistance, the crucial thing then will be that there is the possibility given of Bitcoin pulling back at the resistance again visiting lower levels anew there for a final bullish continuation-development Bitcoin needs to inevitably close above the upper-resistance marked in red in my chart before that the bearish possibility is still given and should also not be underestimated in the upcoming times, 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!
"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.
Polkadot, Builds Triangle-Formation, Upcoming Determinations!Hello Traders Investors And Community,
Welcome to this analysis about Polkadot, we are looking at the 2-hour timeframe perspective, the recent events, the established formational structure, and what to expect in the upcoming times. Polkadot recent times has shown up with initial bearish pullbacks after forming its top in a very overbought condition, this gave the edge for Polkadot of a potential continuation of these initial bearish pullbacks and in this case I discovered a decisive formation Polkadot is currently forming that has the potentials to lie ground for the next determinations especially when looking at the accumulation-zone this can approve worthwhile for a potential recovery, therefore I detected all the important levels and likely determinations.
As when looking at my chart now we can watch there how Polkadot is forming this main triangle-formation marked in my chart with the blue boundaries, within this formation, it has established a coherent wave-count already completing waves A to D in the schedule and with the remaining wave E running into this strong resistance-cluster likely to show up with a bearish pullback that will then complete the whole formation and lie ground for the major wave C to establish as it is marked in my chart. Now when this shows up Polkadot will continue and protract with its bearishness till there is support found in which it can reverse the dynamic and back-up again, this can possibly happen within the accumulation-zone marked in my chart in blue where the wave-count will end and a potential reversal can show up, it is highly necessary then that Polkadot does not fall below this level again because this can invalidate any bullish recovery, it will be an interesting dynamic 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, In Descending-Channel, These Are Important Zones!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 the next times. LINKUSD recently has set up with some important serious bearish declines that should not be underestimated however as I discovered now LINKUSD is forming a main formation that can indicate potential changes in direction and a reversal in the structure, in this case it is necessary that LINKUSD rightly shows up with the proper price-actions ot determine the formational outcome, therefore I detected all the important levels and likely determinations we should consider within the established structure and upcoming movements ahead.
Strucural Developments:
As when looking at my chart now we can watch there how LINKUSD now established this main descending-channel-formation marked in blue in my chart, besides that LINKUSD has the coherent wave-count within the formation already completing wave A in the schedule and is now about to form the wave B within the schedule moving into this triangle-formation marked in my chart which is likely to confirm bearishly the next times with the breakout below the boundary which will be the origin of the wave C to the downside below the 700-EMA in green, such price-action will move LINKUSD for further continuations and testings of lower supports from where a potential recovery can happen which is important in terms of the descending-channel.
Upcoming Determinations:
Taking all these factors into consideration now LINKUSD is trading in a situation in which it has developed these main downside price-actions in the structure, for now, it will be necessary to elevate how LINKUSD will approach the supports then and how a potential recovery can look like after that. It is necessary also to distinguish LINKUSD from other important cryptocurrencies as LINKUSD has still more bullish signs on the global timeframe perspectives, nevertheless, it is necessary for LINKUSD to properly show up with the right price-actions in the structure to build up on the bullishness it has established, it will be interesting how this dynamic develops 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.
Ethereum, Pullbacks, Why And How Initial Reversal Can Establish!Hello Traders Investors And Community,
Welcome to this update-analysis about Ethereum, 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. Since previous analysis Ethereum as expected pulled back from the major resistance-cluster in the structure and showed up with further declines, if you did not see the former analysis already I highly recommend it to watch to have a full-depth-overview, now as this happened and Ethereum advance further with the bearish alignments an important formation is building here as I discovered that will be very worthwhile in the upcoming determinations, therefore I detected all the important levels and likely destinies ahead.
Structural Developments:
As when looking at my chart now we can watch there how Ethereum is building this decisive downside price-action and also pointing to the lower levels to be reached ahead in upcoming times, besides that Ethereum is establishing this potential descending-wedge-formation marked in my chart with the grey boundaries and the coherent wave-count within the formation already completing waves A to B in the schedule and now about to form the further wave C which then leads to the final waves D and E that will complete the whole wave-count within the formation and point into the lower supports which are also targets, therefore potentially indicating the main reversal in the structure that can lead to a solid breakout above the upper boundary.
Upcoming Determinations:
Taking all these factors into consideration Ethereum will show in the upcoming times how it manages to approach the given supports and how a bounce from there can look like, firstly it is important to note that when Ethereum increases with bearish price-action and moves below the supports this will lead to a continuation and possible invalidation of the formation, therefore it is inevitable that Ethereum shows up with the right price-action then completing the formation before that we should not finally move into the proper direction. It is necessary to also keep the reverse perspective in mind to do not get overwhelmed by circumstances when the dynamics change especially in the cryptocurrency market this still holds true.
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.
BTC, Since Pullbacks, Further Alignements Expected Volatilites!Hello Traders Investors And Community,
Welcome to this analysis about Bitcoin, we are looking at the daily timeframe perspective, the recent events, the established formational structure, and what we can expect in the upcoming times. Bitcoin the last times has shown up with some serious pullbacks in the structure, firstly pulling back from the 41.000 USD level and nearly more than 25% and the second time now recently pulling back from the 58500 levels more than 20%, these were two major pullbacks and from a trading perspective it is always important to keep advancing within such situations by lining-up possibly on the short-side, this is a main part in the cryptocurrency market as it keeps being volatile, a long-only-approach can approve fatal when the market sets up for declines.
Structural Developments:
As when looking at my chart now we can watch there how Bitcoin is moving within this major ascending-channel-formation marked with the black boundaries within my chart, besides that Bitcoin has established a coherent wave-count within the structure already completing waves A to C, and now Bitcoin currently is about to form the wave D that will move and test this confirmational-bounce-cluster marked in my chart in blue from where the wave E is likely to originate which will approach upper levels of extension and also this upper-distribution-range marked in my chart which severely confirmed as a distribution-origin and is likely to do so the next time again when Bitcoin approaches it.
Upcoming Determinations:
Taking all these factors into consideration Bitcoin is trading in a situation where it has set up for major sharp pullbacks in the structure, this can also be possible in the upcoming times as there is still supply in the market from hands holding of lower levels the volatilities can continue till a bigger final pullback develops like I have mentioned this possibility already before in the analysis with the ascending-wedge-formation. For now it is necessary to elevate how Bitcoin approaches this continuational-bounce-cluster and moves on from there, what is highly necessary in this case is that Bitcoin does not fall below the lower-boundary because this can possibly invalidate further bullish conclusions ahead of upcoming 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.
Cardano, Strong Channel-Breakout, Upcoming Objections!Hello Traders Investors And Community,
Welcome to this analysis about Cardano, we are looking at the hourly timeframe perspective, the recent events, the established formational structure, and what we can expect in the upcoming times. The cryptocurrency market is changing and the divergence between certain currencies gets higher and higher, this is why there are currencies looking rather bearish while there are others in a more certain bullish constellation, these divergences are very important, and in this case, I discovered a meaningful structure Cardano is forming, therefore we are looking at all the important levels and likely determinations we should consider within the established structure and upcoming movements.
Structural Developments:
As when looking at my chart now we can watch there how Cardano has built this very interesting structure here, as it formed the breakout above the upper boundary of the first ascending-channel marked in my chart it manages to increase further from there and is now developing this second steeper ascending-channel in the structure, also important here is the fact that Cardano managed the stabilization above the 20- as well as the 50-EMA. These are very good signs and the next time it can be expected that Cardano continues with its established wave-count to the upside which will validate when Cardano bounces from the confirmational-bounce-cluster marked in my chart in blue, when this happens the next wave will likely establish.
Upcoming Determinations:
Taking all these factors into consideration Cardano is trading in a constellation where it is moving within a strong bullish pace which has the potentials to continue firstly to finish the wave-count and move into the upper-extension-level marked in red in my chart from where the situations need to be elevated again and if Cardano manages to continue bullishly or firstly forms a reversal which is not unlikely in this case. Especially Cardano is one of the more bullish coins recently nevertheless it is necessary to do not consider the whole market into one sighted direction only as this is barely the case because the certain currencies developing very different formations, it will be an interesting dynamic further.
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, Establishments In Descending-Channel, Important 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. XRPUSD the last times is one of the more volatile pairs within the market as it moved strongly to the down as well as to the upside in a volatile manner, such measurements are not seldom followed by a swift and strong breakout-move into either the upside or downside direction, in this case, I detected a decisive formation XRPUSD is building here now that can lie ground for upcoming worthwhile determinations, therefore 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 this bearish move of XRPUSD strongly below the previously established supports and now testing the major 300-EMA marked in red in my chart which is a strong resistance in this case coming together with the upper-boundary of the descending-channel into this main resistance-cluster marked in red in my chart from where a pullback to the downside is highly likely and should be expected next times, this pullback will validate also to the wave-count XRPUSD is currently trading within and therefore the resistance-cluster is likely to be the origin of the sub-wave C to the downside moving into the lower ranges and continuing with the next proper waves within the wave-count to test remaining supports.
Upcoming Determinations:
Taking all these factors into consideration now XRPUSD is trading within this major descending-channel-formation from where a breakout sooner or later is possible to show up, therefore XRPUSD rightly needs to continue with the wave-count to the downside and with the finalization of the wave E bouncing from the lower-support marked in blue in my chart, this bounce from the level is highly important because when it does not happen and XRPUSD continues bearishly this can also invalidate the formation. For now, it will be important to elevate how XRPUSD continues with the wave-count as suggested and how it manages to complete this whole formation potentially in the structure, when this shows up it can lead to a great reversal ahead of upcoming times.
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, Urgent Levels To Hold Or Bear-Protractions Follow!Hello Traders Investors And Community,
Welcome to this analysis about Ethereum, 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 Ethereum completed its major ascending-wedge-formation and showed up with serious bearish price-action to the downside that it also moved below this important ascending-trend-line which held the price to the upside. Now in this case I discovered the underlying significant levels very necessary in the upcoming times, especially when considering the bullish continuation perspective there are some very inevitable price-actions Ethereum needs to show up with, therefore I detected all the important levels and likely destinies.
Structural Developments:
As when looking at my chart now we can watch there how Ethereum is now below this dashed ascending-trend-line from where an initial continuation is likely especially as Ethereum already established the bearish pace, therefore it is likely that it will move on the next times to test this first ascending-trend-line marked in blue in my chart where also the EMAs are lying, this level is very very necessary for Ethereum to hold rightly because when this does not happen and Ethereum moves below it this will lead to a bearish protraction and increase of further bearish pressure to the downside till there is support found in which Ethereum can stabilize and back-up again, it is definitely important to keep in the mind when Ethereum does not manage to hold the level.
Upcoming Determinations:
Taking all these factors into consideration Ethereum is trading within a very serious situation in which it is trading on the verge and needs to show up with the right stabilization and back-up signs as suggested and compared to Bitcoin Ethereum has a higher bearish edge this is why it is necessary to do not keep this scenario out of sight as sophisticated traders we always need to trade what we see not what we think, therefore it will be necessary to elevate how Bitcoin approaches the supports and how it develops from there, these determinations will lie ground for the next destinies and will show if Bitcoin manages to stabilize sustainably or continues bearishly further, 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.
Bitcoin, Completes Flag-Formation And Builds Potential Next One!Hello Traders Investors And Community,
Welcome to this update-analysis about Bitcoin, we are looking at the 2-hour timeframe perspective, the recent events, the established formational structure, and what we can expect within the upcoming times. Since previous analysis Bitcoin fully completed the bear-flag-formation within the schedule and showed up with bearish declines as expected after moving below the lower-boundary, now Bitcoin tested the remaining supports mentioned however the price-action Bitcoin shows up with here is not yet strong enough to fully contemplate a full reversal and as I detected now Bitcoin is forming signs that can indicate a higher possibility for a bearish continuation to increase the next times, therefore I discovered all the important levels and likely destinies.
Structural Developments:
As when looking at my chart now we can watch there how Bitcoin marginally bounce within the remaining supports and formed this ascending-channel marked in blue, furthermore Bitcoin is about to form a similar wave-count like within the first bear-flag and it is still below the important 50-EMA in green and below the 85-EMA in red, these still serving as strong resistances and are likely to confirm as such when Bitcoin moves into them. Therefore we should expect this second channel to also complete as a bear-flag and finally move below the remaining supports to form the bearish protraction and continuation testing further levels, this is an omnipresent scenario and should not be underestimated especially when looking on the middle-term also.
Upcoming Determinations:
Taking all these factors into consideration now Bitcoin is in a situation where the bearish perspective is still not out of sight and it is necessary to keep it also in mind that there can come a much bigger reversal than that seen the last times, in such situations it is necessary to not over speculate the market into a one-sighted illogical direction as it is seen to often these times, the cryptocurrency market keeps volatile and it will be also in the future, only as traders when having properly lined-up within the market it is possible to keep consistent profits and do not get overwhelmed by the changing circumstances in this market, especially to do not lie open food for the smart money operators and market makers within this market.
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.