Ethereum, Setting Up For A Potential Channel-Breakout!Hello Traders Investors And Community,
Welcome to this analysis about Ethereum in which we are looking at the hourly timeframe perspective, the recent events, the established formational structure, and what we can expect in the upcoming times. Ethereum the last times has definitely established some very interesting structures from where it has potentials to build upon, in this case, I discovered an interesting formational structure that can determine further destinies when Ethereum shows up with the right price-actions, in this case, we need to wait on the proper validations before finally moving into the direction, therefore I detected all the important levels and likely destinies we should consider within the established structure and upcoming movements.
Structural Developments:
As when looking at my chart now we can watch there how Ethereum is trading within this major ascending-channel-formation marked in my chart in blue besides that it has also developed a more steeper ascending-channel within this whole major channel and also with the broadening-wedge within. Recently Ethereum managed the move above the upper-boundary of the broadening-wedge to close there, this is likely the confirmation of the wedge-formation now that will lead to further continuations the next times and especially when the demand increases further here can lead to the final breakout above the upper-boundary as it is marked in my chart, such price-action will activate upside-targets ahead upcoming times.
Upcoming Determinations:
Taking all these factors into consideration Ethereum is trading in a constellation where it needs to show that it properly manages to hold the structure now from where it is building up to continue with further risings to the upside. After Ethereum has done so with the breakout above the upper-boundary this will activate the targets seen in my chart within the 2220 level marked in blue, when Ethereum reaches these zones it has to be elevated how it continues further from there and if there comes firstly a reversal or Ethereum manages to move on forward rightly after it, for now it will be necessary to elevate how Ethereum manages the breakout and build up on this, it will be a interesting development.
In this manner, thank you for watching the analysis and for everybody supporting it is great contentment, have a good day and trading!
"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 markets.
Vinceprince
Bitcoin, Reaches Expected Targets, Important Scenarios Now!Hello Traders Investors And Community,
Welcome to this update-analysis about Bitcoin in which we are looking at the 4-hour timeframe perspective, the recent events, the established formational structure, and what we can expect in the upcoming times. Since the former analysis Bitcoin rightly managed to bounce within the confirmational-bounce-cluster bullishly to the upside and finalize the wave-count with the move above the upper-boundary and protraction of the wave E as expected, if you did not see this analysis already I highly recommend it to watch to have a full-depth-overview, now besides that I discovered meaningful signs adding into the current situation that will determine next destinies in a profound way, therefore I detected all important levels and perspectives.
Structural Developments:
As when looking at my chart we can watch there how Bitcoin recently just perfectly reached the middle-term-target-zone marked in red which was the projection confirmed after the channel-breakout happened. Now as Bitcoin initially pulled back here and as this is now a highly overbought area we can expect the pullbacks to increase over the next times and form the correctional movements in a potential triangle-formation as it is marked in my chart. Because Bitcoin has still some solid supports within the 10-EMA in red, the 5-EMA in green, and the major ascending-support-line marked in grey there is a good possibility given that Bitcoin bounces within this zone to move higher and complete the correctional movements.
Upcoming Determinations:
Taking all these factors into consideration now Bitcoin is now in a decisive point where it will decide the next destinations upcoming times and either if it pulls back to test previous lower levels again or manages to stabilize and continue further, therefore it is inevitably necessary that Bitcoin really shows up with the right price-action here because when this does not happen and Bitcoin does not manages to complete these formations the continuation can also be invalidated, it is always important also to keep this not by side and also be prepared when market environments begin to change to do not get overwhelmed by circumstances when it happens and handle the situations appropriately, it will be an interesting journey ahead.
In this manner, thank you for watching the analysis and for everybody supporting it is great contentment, have a good day and trading!
"Trading effectively is about assessing possibilities, not certaininties."
Information provided is only educational and should not be used to take action in the markets.
Litecoin, Major Flag-Formation, Here Is How It Completes!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 the last times has shown up with some fundamental important price-actions as it managed to form new highs within the schedule and as I discovered now Litecoin is developing a decisive formation that can lie ground for further continuations and increase of volatility when Litecoin shows up with the right price action, this is always important within the cryptocurrency market to look at the likely setups that have a high possibility, therefore I detected all the important levels and likely perspectives we should consider here.
As when looking at my chart we can watch there Litecoin is now trading within this channel-formation marked in my chart with the blue boundaries, besides that Litecoin is trading above the EMAs and also above the point-of-control by the volume profile marked in red serving as strong support within the structure. Currently, Litecoin is about to form the wave C with this potential bull-flag and when it shows up with the confirmational price-action bouncing above the upper-boundary this will emerge the wave C and activate the upside-targets seen in my chart marked with the orange level, therefore it is necessary that Litecoin does not increase with bearishness again and falls to lower levels below the boundaries because this would invalidate the formation. Taking all these factors into consideration now Litecoin is trading in a great constellation, especially when it manages to complete this channel-formation bullishly and activate the upside targets. After these are reached it has to be elevated if Litecoin manages to advance further or firstly shows up with a reversal, the reversal, in this case, is not unlikely as Litecoin will approach overbought conditions and also global resistances, it will be an important and interesting development.
In this manner, thank you for watching the analysis and for everybody supporting it is great contentment, have a good day and trading!
"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 markets.
XRP, Develops Decisive H-S-Formation, Upcoming Assessments!Hello Traders Investors And Community,
Welcome to this 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. XRPUSD the last times has shown up with some very interesting price-actions and validations as it not only completed the wedge-formation I mentioned previously but also shown up with fundamental volatility in the structure, besides that I discovered a very meaningful formation XRPUSD has recently completed that can show up with worthwhile determinations upcoming the next times, therefore I detected all the important levels and likely outcomes we should consider within the established structure and upcoming destinies.
Structural Developments:
As when looking at my chart now we can watch there how XRPUSD just recently has completed this major inverse head-and-shoulder-formation marked with the blue neckline in my chart, XRPUSD managed to breakout above the upper-boundary with this strong volatility and closed there, what is also important here is that XRPUSD marked above the 160-EMA in red and above the 120-EMA in green which both are serving as strong supports within the structure, also very important here is the point-of-control by the volume profile in which XRPUSD has some solid supports likely to bounce to the upside when moving into, this is why a continuation is likely when XRPUSD stabilizes further within this zone to set-up on this.
Upcoming Determinations:
Taking all these factors into consideration XRPUSD is in a situation where it has completed a great formation that also activated already upside targets which are likely to be reached when XRPUSD manages to build upon this and continue its bullishness, these targets are marked in my chart in orange, XRPUSD has also significant resistance in this zone, that means that it needs to be elevated how XRPUSD continues further from there as an initial pullback visiting lower levels is more likely then this should not be underestimated especially when XRPUSD approaches these resistances. On a middle-term-basis, XRPUSD definitely needs to stabilize further within the volume-profile-range and do not fall below it anew.
In this manner, thank you for watching the analysis and for everybody supporting it is great contentment, have a good day and trading!
"Trading effectively is about assessing possibilities, not certainties."
Information provided is only educational and should not be used to take action in the markets.
Bitcoin, Fully Emerged With Wave-Development, Objections!Hi my friends,
Welcome to this update-analysis about Bitcoin on the 2-days timeframe perspective. We are looking at the recent events, the established formational structure, and what we can expect in the upcoming times. Bitcoin the last year has shown up with historical price-actions it has never developed before managing a great continuation growth after the corona-virus bearish breakdowns pushed the price extremely to the downside Bitcoin managed to recover although in the volatile manner as it was seen already in the past, this volatility can be fuel for sophisticated trading when it is done right as we have managed to do so in the channel, now I discovered the further important signs we should consider with Bitcoin and its destinies.
Structural Developments:
As when looking at my chart we can watch there how Bitcoin just rightly managed to bounce within the major 15-EMA marked in green which is also matching with the lower boundary of the third steeper ascending-channel, these zones became the great origin of the wave E to develop which fully emerged now as expected and moving to the further objections. As Bitcoin now also established the new highs above the 50.000 USD mark this gives an additional bullish edge and therefore Bitcoin is likely to continue its way and with the developments of the wave E that will run directly into the main channel-breakout-target-zone marked in red in my chart where the potential short-entries are given.
Upcoming Determinations:
Taking all these factors into consideration Bitcoin has now established great paradigms that have possibilities to continue bullishly further when the price-actions as suggested follow up nevertheless it has to be noted that Bitcoin is within highly overbought conditions in which it can also reverse more faster than expected, especially when Bitcoin approaches the targets this can happen mainly more increasingly faster, therefore it is of utmost importance to also do not underestimate the bearish side of things as such a reversal will come sooner or later within the cryptocurrency market which is the most volatile in the global financial markets we need to be prepared on such changes in direction to handle them appropriately.
In this manner, thank you for watching the analysis and for everybody supporting it is great contentment, have a good day and trading!
"Good luck is when opportunity meets preparation."
Information provided is only educational and should not be used to take action in the markets.
Ethereum, In Channel, How A Breakout-Protraction Establishes!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 the last times as already mentioned in previous analysis has shown up with some solid bullish alignments within the new all-time-high regions and it is the one coin besides Bitcoin holding such measurements within the new regions as not each is showing such formations and new highs to approach, therefore I detected all the important levels and likely destinies we should consider within Ethereums established structure and the upcoming movements ahead next times.
Structural Developments:
As when looking at my chart we can watch there how Ethereum has now emerged with this major ascending-channel-formation marked in blue in my chart, besides that Ethereum has developed this coherent wave-count within the formation already completing waves A to C fully within the structure and now emerging with the wave D that will run directly to test the confirmational-bounce-cluster marked in blue in my chart where several supports coming together and building this main support layers, when Ethereum then manages to bounce decisively within this zone it will be a great origin of the wave E to the upside to develop which will finalize the whole wave-count in the schedule and potentially lead to the protraction of wave E.
Upcoming Determinations:
Taking all these factors into consideration now Ethereum is in a situation where it advanced sufficiently within the new all-time-high regions and managed to move higher, now it is the case for Ethereum to validate further continuations with the right price-actions as suggested, therefore it is necessary to elevate the proper scenario confirming out of a trading perspective before finally moving into the direction, there is a possibility given however this possibility is not high for now nevertheless it should also not be underestimated as the dynamics can also change more fastly especially within the volatile cryptocurrency market, for now, it will be important how Ethereum proceeds with the wave-count, it will be an interesting journey.
In this manner, thank you for watching the analysis and for everybody supporting it is great contentment, have a good day and trading!
"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 markets.
Litecoin, Develops Channel-Formation, Upcoming Perspectives!Hi my friends,
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. As mentioned already previously Litecoin has built this decisive triangle-formation which already completed bullishly to the upside, now besides that, I discovered the main formation Litecoin is forming important for the next outcomes to show up with, there can come some very determining price-actions that can increase the potential further, therefore I detected all the important levels and likely perspectives we should consider with Litecoins established structure and the upcoming movements ahead.
Structural Developments:
As when looking at my chart now we can watch there how Litecoin is trading within this main ascending-channel-formation marked in my chart in blue, besides that Litecoin has established the coherent wave-count within the formation already completing waves A to C fully within the schedule and now with the wave D remaining with only few steps to confirm, this wave D will directly run into the confirmational-bounce-zone marked in my chart in blue where Litecoin already showed up with bullish bounce attempts, this zone is likely to be the origin for the next wave E to the upside that will finalize the whole wave-count and will test the upside-zones from where the next conclusions need to be made.
Upcoming Determinations:
Taking these factors into consideration Litecoin has definitely the potential to move on further with the wave-count and test the upper levels nevertheless for now it is important to do not underestimate the bearish side because Litecoin already showed up with some pullbacks, such a bearishness can also increase again for example with Litecoin do not hold the channel and closing below the lower boundary, it is necessary to be prepared for such situation to do not get overwhelmed by circumstances and lie open food for the smart money operators and market makers especially in such a volatile market like the cryptocurrency market is, it will be shown how Litecoin develops further with the channel next times.
In this manner, thank you for watching the analysis, many thanks for everybody supporting, have a good time and 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, Major Channel-Breakout, These Are Objections Now!Hi my friends,
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 next times. Since the origin-analysis as expected XRPUSD has moved on to develop its wave-count within the descending-channel and bounced from the confirmational-bounce-cluster which was very important to finally form the recent breakout, if you did not see the analysis already I highly recommend it to watch to have a full-depth-overview, now I discovered further signs that added to the situation, 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 XRPUSD recently formed the breakout above the upper-boundary and closed there, this was an initial good sign, besides that XRPUSD is about to develop this confirmational bull-flag in the structure that can be a great source for further continuations, in this case it is possible that XRPUSD somewhat moves below the lower boundary to extend it however what is of high importance then is that XRPUSD does not fall into the channel again and below the 400-EMA because this can possibly increase bearish pressure further and visiting of lower levels, therefore, it is necessary that XRPUSD stabilizes sustainably above these very meaningful levels.
Upcoming Determinations:
Taking all these factors into consideration now XRPUSD has formed this great breakout and now it is the time to fully validate it with the right price-actions as suggested before this final direction can be assessed. When XRPUSD manages to form the proper price-actions this will activate the preliminary-upside-target marked in my chart in orange and when XRPUSD reaches these zones it has to be elevated how it proceeds from there and if there comes a continuation or XRPUSD firstly reverses which is also not unlikely in this case. Only when XRPUSD manages a strong stabilization further a continuation can be indicated before that bearish pullback should also be taken in contemplation, it will be an interesting journey.
In this manner, thank you for watching the analysis, many thanks for everybody supporting, have a good time and 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, Breakout In Structure, These Are Important Scenarios!Hi my friends,
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. Ethereum is one of the major currencies holding together with Bitcoin and making new all-time-highs while there are also others looking rather bearish or forming consolidation movements, these divergences are of inevitably importance to assess within these market conditions, therefore I detected the important levels and likely perspectives we should consider within Ethereums developed structure and the upcoming destinies ahead.
Structural Developments:
As when looking at my chart we can watch there how Ethereum now recently just moved above the previous resistance within the wave C of the whole wave-count and is now developing a potential bull-flag-formation which will complete when Ethereum rightly manages to stay above this level and stabilize to set up from there and complete the formations, therefore it is highly necessary that Ethereum rightly holds the support and do not falls below it because this will indicate the testing of the lower boundary of the ascending-channel firstly which does not mean Ethereum is completely bearish, in this case, Ethereum needs to rightly bounce from the boundary to form a potential wave D.
Upcoming Determinations:
Taking all these factors into consideration Ethereum has formed a solid breakout above previous resistance from where it can set up to continue which is also the more likely scenario to consider as there are these several supports now given. Ethereum will move on with a wave-C-extension when it finally closes above the upper boundary of the ascending-channel-formation as it is marked in my chart. For now, it is very important to elevate these validations before rightly moving in the direction with the possibility for a pullback decreasing, this is always necessary to not trade what to think rather trade what is really happening and assessing the market from the right side, it will be an interesting development.
In this manner, thank you for watching the analysis, many thanks for everybody supporting, have a good time and 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, Reaches Targets, These Considerations Important Now!Hi my friends,
Welcome to this update-analysis about Bitcoin, we are looking at the 30-minute timeframe perspective. Since the origin-analysis in which I mentioned the important inverse head-and-shoulder-formation with Bitcoin forming the complete confirmations have shown up with the final bounce from the neckline and the further movements until the targets finally reached, if you did not watch the analysis already I highly recommend it to watch to have a full-depth-overview. Now after these structures developed I have detected other important signs worthwhile to look at especially the next times there are important steps leading to some good potentials ahead, therefore I detected all the important levels and likely destinies.
Structural Developments:
As when looking at my chart now we can watch there Bitcoin fully completed the head-and-shoulder-formation and reached the targets where it initially pulled back to move above this zone again, this zone marked in red in my chart which was previously resistance, is now support. Furthermore, Bitcoin marked above the 40- and 30-EMA and has also supports by the ascending-channel-formation protracted trendlines, all these levels adding together and building this dynamic support-zone marked in my chart in orange which needs to hold for Bitcoin to stabilize further and complete the potential bull-flag-formation above these levels marked in my chart in blue, when this happens and Bitcoin completes the formation it will lie good ground for the continuation.
Upcoming Determinations:
Bitcoin now is in a situation where it initially reached out the target-zone and also already managed further highs, now it is the time for Bitcoin to potentially continue this pace with completing the bull-flag as mentioned. Nevertheless, it is of inevitably high importance for Bitcoin to rightly validate this and manage the proper confirmation of the major bull-flag because when this not happens Bitcoin can also increase with bearish dynamics again which is not the most likely scenario however it should also not be underestimated. For now, it will be important to elevate how the formation completes before rushing into unnecessary trades and overspeculate the situation, it will be an interesting development ahead.
In this manner, thank you for watching the analysis, many thanks for everybody supporting, have a good time and trading, all the best!
"The high destiny of the market is to explicate, rather than to speculate."
Information provided is only educational and should not be used to take action in the market.
Litecoin, Forming Of Major Triangle, Great Breakout Awaiting!Hello Traders Investors And Community,
Welcome to this analysis about Litecoin, we are looking at the 2-hour timeframe perspective, the recent events, the established formational structure, and what we can expect in the upcoming times. Litecoin the last times has managed to hold the levels it previously established sustainably and as I discovered now is forming a decisive formation that can show up with worthwhile determinations when it manages to establish the right price-action, therefore some few confirmations remain and when these are done it will lie good ground for the breakout and continuation, therefore I detected all the important levels and likely outcomes we should consider with XRPUSDs established structure and upcoming movements.
As when looking at my chart now we can watch there how Litecoin has formed this major triangle-formation marked in blue, furthermore it has the coherent wave-count within the formation almost already completed the waves A and B within the structure and now setting up to form the wave C that will then lead to a final breakout above the boundary when Litecoin manages the solid bounce within the structure. The triangle will be finally validated with Litecoin moving above the upper-boundary and closing there as it is seen in my chart such a price-action will activate the dynamic target-zone marked in orange and when this target-zone is reached the situation needs to be elevated anew in terms of Litecoin either managing to continue right away bullishly or firstly reverses to visit lower levels. For now, the breakout above the boundary should be expected, it will be an interesting development.
In this manner, thank you for watching the analysis, many thanks for everybody supporting, have a good time and 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, Decisive Formations, These Are Important Considerations!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 the last times is one of the more volatile pairs within the cryptocurrency market as it moved first to the upside and tested the zones before pulling back and also developing higher volatilities on the more local timeframes, this is why it is inevitably necessary to determine what are possible scenarios upcoming with XRPUSD in the established structure, therefore I detected all the important levels and likely destinies we should consider with the structural development and the upcoming movements ahead.
Structural Developments:
As when looking at my chart now we can watch there how XRPUSD is moving within this massive ascending-channel-formation marked in my chart in blue with the equilibrium-range marked in orange in the middle. Furthermore, XRPUSD has formed this important descending-triangle-formation in the structure where it has almost finished its wave-count and only a few steps remaining to fully validate the breakout of the wedge and therefore the confirmation of it. When this happens and XRPUSD manages the breakout this will lead to a further increase of bullishness and testing of higher levels, the crucial part then will come when XRPUSD tests the equilibrium-range and when it manages to move above this will indicate the next bullish continuations.
Upcoming Determinations:
Taking all these factors into consideration XRPUSD has developed a structure from where it can build up to test remaining resistances and possibly succeed above when it shows up with the right price-action confirming such determinations, therefore it will be shown how XRPUSD manages the breakout above the boundary of the triangle-formation and continues further from there. When XRPUSD finally manages to move above the equilibrium-range this can indicate a great bullish breakout above the upper boundary of the huge ascending-channel-formation and when this XRPUSD will establish strong bullish paradigms. For now, further validations will be important, it will be an interesting development.
In this manner, thank you for watching the analysis, many thanks for everybody supporting, have a good time and trading, all the best!
"Good luck is when opportunity meets preparation."
Information provided is only educational and should not be used to take action in the market.
Ethereum, Develops Decisive H-S-Formation, Likely Scenarios!Hi my friends,
Welcome to this analysis about Ethereum, we are looking at the 4-hour timeframe perspective. Ethereum these times managed to advance within the new all-time-high zones and is besides Bitcoin the major currency holding as well the market-cap as also new regions in the all-time-high to establish, in this case now I detected a decisive formation for Ethereum that will lie determining ground in the next destinations, therefore I discovered all the important levels and likely outcomes we should consider with Ethereums established structure and the upcoming movements ahead upcoming times, therefore it is necessary that we do not speculate and wait for the proper validations to show up with in the schedule.
Structural Developments:
As when looking at my chart now we can watch there the major head-and-shoulder-formation Ethereum is building now marked in my chart with the blue neckline and the left shoulder as well as the head already completely formed in the structure and with the right shoulder about to develop in the near terms, after this has been done the final confirmation either to the up or downside will happen and as Ethereum has strong supports within the structure the upside-confirmation has a bigger possibility with 65% than the downside-confirmation with 35%, therefore, the final bullish confirmation should be much more expected than the bearish one.
Upcoming Determinations:
Taking all these factors into consideration Ethereum is in a situation where it will show up with the right confirmation within the next times, therefore it is necessary to elevate it before moving in the direction. When Ethereum shows up with the final confirmation which is more likely the bullish one in this case the projected targets is the range from the head to the neckline to the final breakout above the descending-resistance-line marked in my chart. For now it is important to elevate how Ethereum develops further here and how it manages to move to the upside after that happened, it will be an interesting development ahead.
In this manner, thank you for watching the analysis, many thanks for everybody supporting, have a good time and 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 Above 50.000 USD-Mark, Historical Paradigm Will Follow!Hi my friends,
Welcome to this update-analysis about Bitcoin in which we are looking at the 4-hour timeframe perspective. As mentioned in the former analysis the bounce from the confirmational-zone was likely and when Bitcoin managed to bounce from there this can lead to the close above the 50.000 USD which is what happened now and in the conclusion also the breakout above the upper boundary which has a solid possibility now. In sophisticated trading, it is always of inevitably high importance to wait for the right confirmations and validations before finally going in the right direction either way it is just speculation. For Bitcoin now I detected the important levels and further ways of destiny we should consider.
Structural Developments:
As when looking at the updated chart now we can watch there how Bitcoin now rightly bounced from the confirmational-bounce-zone in blue and after that closed above the 50.000 USD-mark which was highly necessary for Bitcoin to show up with. As Bitcoin now is above the equilibrium-range there is good potential given that it stabilizes further here and builds up to form the breakout above the upper-boundary as it is seen within my chart, when this happens it will activate the middle-term-target-zone marked in my chart within the red level and when Bitcoin reaches these zones the situation needs to be elevated anew and if Bitcoin manages to continue further bullishly or firstly forms a reversal visiting lower levels.
Upcoming Considerations:
Taking these factors into consideration it is important for Bitcoin now to show up with the final confirmation above the boundary. This shows one more time how technical analysis can function these days when applied right regardless of what academics is stating so often that it is all just a random walk, of course, it is necessary to come to the right conclusions to really trade with is happening and now what to think is happening into a wish-direction, especially in these times as market makers and smart money operators are increasing within such markets. It was great to see our channel moving in the right direction and enter the market in the right places before the bullish volatilities shown up, it will be shown how the situations develop further.
In this manner, thank you for watching the analysis, many thanks for everybody supporting, have a good time and trading, all the best!
"The high destiny of the market is to explicate, rather than to speculate."
Information provided is only educational and should not be used to take action in the market.
Cardano, Channel-Breakout, Here Is How It Fully Validates!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 the next time. Cardano the last time managed to show up with strong volatilities to the upside and has now developed a decisive formation as I detected which already complete. Therefore I detected all the important levels and likely destinies we should consider with Cardano in the established structure and the upcoming movements ahead next time.
As when looking at my chart we can watch there how Cardano has now built this major descending-channel-formation and already recently formed the breakout above the upper boundary where it is now forming a bull-flag to confirm the breakout when this bull-flag completes and Cardano manages to breakout above the upper-boundary this will activate the further continuation a wave C to establish. After that, the situation needs to be elevated anew and how Cardano will move on after this, will be an interesting development.
In this manner, thank you for watching the analysis, many thanks for everybody supporting, have a good time and trading, all the best!
"Trading effectively is about assessing possibilities, not certainties."
Information provided is only educational and should not be used to take action in the market.
XRPUSD, Within The Channel, How A Breakout Can Develop!Hello Traders Investors And Community,
Welcome to this analysis about XRPUSD, we are looking at the hourly timeframe perspectives, the recent events, the established formational structure, and what we can expect in the upcoming times. XRPUSD is one of the currencies that recently has shown up with some more increased bearishness to the downside compared to the others, this difference is highly important to assess as not every currency is building such formational structures like XRPUSD these times, therefore I detected all the important levels and likely destinies we should consider within XRPUSDs completed structure and the upcoming movements ahead next times.
Structural Developments:
As when looking at my chart now we can watch there how XRPUSD has formed this preliminary descending-channel-formation marked with the boundaries in blue and besides that also with the coherent wave-count within the formation already fully completing waves A and B in the structure and now setting up to form the wave C further. This final wave C will complete the whole wave-count and will run into the confirmational-bounce-cluster marked in my chart in blue where several supports coming together and when XRPUSD manages to show up with a solid bounce within this zone this can lead to a great channel-breakout above the boundary that will then activate upside-targets, potential targets then will be in the 0.6 area.
Upcoming Determinations:
Taking all these factors into consideration now XRPUSD has developed a structure that can be a solid source and origin for a potential reversal with XRPUSD moving into the bullish direction anew therefore it is inevitably necessary that XRPUSD shows up with the right price-actions confirming this potential breakout before that we should not rush into trades and keep patient to wait for the proper validations in the structure. Sophisticated trading always means adapting to certain situations and preparing for potential scenarios to show up, in this case, the one-sighted approach to overspeculating the market in one direction only is important as it is seen often these times is important to elude, it will be an interesting journey.
In this manner, thank you for watching the analysis, many thanks for everybody supporting, have a good time and trading, all the best!
"There are many roads to prosperity, but one must be taken."
Information provided is only educational and should not be used to take action in the market.
Ethereum, Develops Triangle-Formation, 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. Ethereum as one of the currencies with the ability to show up with new all-time-highs is forming some very interesting price-actions the last time and as I discovered an important formation that can lie ground for an upside breakout and approaching further, therefore it is of high necessity that Ethereum shows up with the proper price-action and validation of the formation, in this case, I detected all the meaningful levels and likely destinies we should consider with Ethereums established structure and the upcoming movements.
Structural Developments And Upcoming Determinations:
As when looking at my chart now we can watch there how Ethereum is developing this decisive triangle-formation marked with the blue boundaries, furthermore it has the coherent wave-count within the formation almost already completing and now moving into the confirmational-bounce-cluster with the finalization of wave C, when Ethereum manages to appropriately bounce within this cluster to the upside and move on above the upper boundary this will finalize the whole formation and activate upside targets as marked within my chart, when these targets are reached it has to be elevated how Ethereum moves on further from there, possible is a pullback to previous resistance and testing it as support, when the support holds a continuation can be considered.
In this manner, thank you for watching the analysis, many thanks for everybody supporting, have a good time and 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 Solid Inverse H-S-Formation, Objections!Hello Traders Investors And Community,
Welcome to this analysis about Bitcoin, we are looking at the 30-minute timeframe perspective. Since Bitcoin has formed some formational ups and downs over the last times it is important to adjust within this periods and look what way Bitcoin is really moving rather than to speculate and overextend into one direction only as this is seldom the case, therefore trading within the markets needs constant adjusting to the particular individual situations before rushing into trades that do not satisfy, therefore I detected all the important levels and likely objections we should consider with Bitcoins established structure and upcoming movements ahead.
Structural Developments:
As when looking at my chart we can watch there how Bitcoin recently finally moved above the 50.000 USD in mark in most exchanges as expected and initially pulled back from there, furthermore Bitcoin has completed a major decisive inverse head-and-shoulder-formation in the structure marked in my chart with the blue neckline. The recent time's Bitcoin is confirming the head-and-shoulder-formation within the orange box seen in my chart with the pullback to the neckline from where the origin for the next moves to the upside is expected and is likely to happen when Bitcoin manages the further stabilization above and continues further then.
Upcoming Determinations:
Taking all these fundamental factors into consideration Bitcoin has completed a really strong formation in the structure that already activates upside targets, these objections are seen in my chart within the 51600 level and are highly likely to be reached when Bitcoin finally moves above the upper-boundary of the ascending-channel in dashed grey. After these targets are reached it has to be elevated how Bitcoin proceeds further and a short can be possible in this case as Bitcoin reaches a highly overbought condition however for now the expectation for the targets firstly to be reached is given, after that the situation needs to be elevated anew.
In this manner, thank you for watching the analysis, many thanks for everybody supporting, have a good time and 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
Polkadot, Developments In Major Channel, Important Scenarios!Hello Traders Investors And Community,
Welcome to this analysis about Polkadot, 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. Polkadot last days and weeks has confirmed strongly exaggerated and protracted bullishness to the upside with high volatile movements, besides that I discovered a meaningful formation Polkadot is forming that will be a worthwhile determining source in the upcoming times, furthermore, it is necessary to not take a potential reversal out of sight as the pair is highly overbought and especially when the formational structures complete, therefore I detected all the important levels and likely destinies.
Structural Developments:
As when looking at my chart now we can watch there how Polkadot is forming this massive major ascending-channel-formation marked in my chart with the black boundaries, within this formation Polkadot has developed a coherent wave-count with the waves A to C almost already fully completed and with the wave D about to form within the next times. The wave D will run directly into this important wave-E-confirmational-bounce-cluster marked in my chart in blue where several supports coming together likely to show up with a bounce to the upside and therefore origin of the wave E that will finalize the whole wave-count and move into the upper levels of extension and resistance where the possible reversal follows.
Upcoming Determinations:
Taking all these factors into consideration now Polkadot is in a situation where it has developed these strong volatilities to the upside nevertheless it is necessary to assess that such movements can also reverse faster than expected especially when Polkadot completes the wave-count and moves into the upper resistance layers this can increase the possibility of bearish pullbacks. When this happens the decisive confirmations will come as shown in my chart with Polkadot either managing to hold the lower-boundary of the channel or moving below it, either way, will show up with increased spread into the confirmed direction and it is of high importance to elevate how Polkadot reacts then.
In this manner, thank you for watching the analysis, many thanks for everybody supporting, have a good time and 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 markets.
XRPUSD, Major Wedge-Formation, Upcoming Perspectives!Hello Traders Investors And Community,
Welcome to this analysis about XRPUSD, we are looking at the 6-hour timeframe perspectives, the recent events, the established formational structure, and what we can expect in the upcoming times. XRPUSD is one of the more volatile currencies these times within the cryptocurrency market showing up with heavy price-swings to the up as well as to the downside and recently testing important remaining resistances in the structure, in this case, I discovered a major formation XRPUSD is forming now that will lie ground for the next determinations ahead upcoming times, therefore I detected all the important levels and likely perspectives we should consider with XRPUSDs established structure and upcoming movements.
Structural Developments:
As when looking at my chart now we can watch there XRPUSD is building this huge and massive broadening-wedge-formation marked in my chart in blue and with this decisive coherent wave-count within the formation already completing waves A to D in the structure where it is now testing the lower boundary of the broadening-wedge where several supports lying likely to be the origin for the wave E to the upside that can lead to a great breakout above the descending-resistance-line marked in my chart in black, when XRPUSD manages to move above this resistance-line it will lie ground for the upper targets to be reached which are also matching with the strong resistance lying there and a pullback has a greater possibility then.
Upcoming Determinations:
Taking all these factors into consideration XRPUSD has a really great likelihood to continue bullishly firstly when moving below the descending-resistance-line in black, when this happens the strong remaining resistances will be tested from where a pullback should be expected, this pullback will then move on to test the lower levels of supports and when XRPUSD then manages to form a sustainable stabilization within this level it will lead to further testing of remaining resistances ahead upcoming times. For now it will be important how XRPUSD moves on with the established wave-count and how it determines above the resistance, it will be an interesting and important development ahead.
In this manner, thank you for watching the analysis, many thanks for everybody supporting, have a good time and 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 markets.
Ethereum, Accumulation In Range Can Lead To Further Volatility!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 structure, and what we can expect the next time. The last times Ethereum managed to advance further within the new all-time-high region where it has shown up with volatile movements to the up as well as to the downside, this is why I discovered a underlying important formation Ethereum is forming that can show up with further conclusions when it completes within the schedule, in this case, it is necessary to also keep the reverse perspective in mind as the cryptocurrency market is still highly volatile and there should always be a plan B, therefore I detected all the important levels and likely destinies.
Structural Developments:
As when looking at my chart now we can watch there that Ethereum has this ascending-trend-line marked in blue together with the other boundaries and the upper-boundary in black, these trendlines together forming this ascending-accumulation-channel in which Ethereum also formed the coherent wave-count and already almost completed waves A to D where it is now testing the lower boundary and the supports lying there, this will be extremely crucial as Ethereum needs to hold these levels to finally establish the wave E to fully come up with the bullish potentials that lead to a wave-E-extension and finally breakout above the upper-boundary with further conclusions to be made.
Upcoming Determinations:
Ethereum is in a situation now where it is holding above important reference-points in the structure from where it is building up to potentially make the next major move ahead upcoming times that will shift the dynamic into something more solid and sustainable, therefore it is of high necessity to elevate the further conclusions before finally moving into the confirmed direction. When Ethereum manages to back-up here and continues bullishly this will lead to a continuation finally above the upper-boundary. Currently, the bullish back-up with further continuation is more likely than Ethereum breaking below the ascending-trend-line and visiting lower levels, it will be an important development.
In this manner, thank you for watching the analysis, many thanks for everybody supporting, have a good time and 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 markets.
Ethereum, Accumulation In Range Can Lead To Further Volatility!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 structure, and what we can expect the next time. The last times Ethereum managed to advance further within the new all-time-high region where it has shown up with volatile movements to the up as well as to the downside, this is why I discovered a underlying important formation Ethereum is forming that can show up with further conclusions when it completes within the schedule, in this case, it is necessary to also keep the reverse perspective in mind as the cryptocurrency market is still highly volatile and there should always be a plan B, therefore I detected all the important levels and likely destinies.
Structural Developments:
As when looking at my chart now we can watch there that Ethereum has this ascending-trend-line marked in blue together with the other boundaries and the upper-boundary in black, these trendlines together forming this ascending-accumulation-channel in which Ethereum also formed the coherent wave-count and already almost completed waves A to D where it is now testing the lower boundary and the supports lying there, this will be extremely crucial as Ethereum needs to hold these levels to finally establish the wave E to fully come up with the bullish potentials that lead to a wave-E-extension and finally breakout above the upper-boundary with further conclusions to be made.
Upcoming Determinations:
Ethereum is in a situation now where it is holding above important reference-points in the structure from where it is building up to potentially make the next major move ahead upcoming times that will shift the dynamic into something more solid and sustainable, therefore it is of high necessity to elevate the further conclusions before finally moving into the confirmed direction. When Ethereum manages to back-up here and continues bullishly this will lead to a continuation finally above the upper-boundary. Currently, the bullish back-up with further continuation is more likely than Ethereum breaking below the ascending-trend-line and visiting lower levels, it will be an important development.
In this manner, thank you for watching the analysis, many thanks for everybody supporting, have a good time and 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 markets.
Bitcoin, Decisive Channel-Formation, Determining Zones!Hello Traders Investors And Community,
Welcome to this update-analysis about Bitcoin, we are looking at the 4-hour timeframe perspective, recent events, the established formational structure, and what we can expect in the upcoming times. The major channel Bitcoin formed in its structure was already mentioned in the former analysis and Bitcoin managed to confirm the first scenario bouncing from the dynamic support-zone to the upside, if you did not see this analysis already I highly recommend it to watch to have a full-depth-overview. Now Bitcoin tested the upper-boundary anew and initially pulled back, in this case, I detected some very important underlying structures and likely determinations we should consider.
Structural Developments:
As when looking at my chart now we can watch there how Bitcoin has now pulled back from the upper-boundary and is testing the lower boundary with the supports lying there, this zone is also matching with the descending-trend-line I mentioned in the previous analysis. Now as Bitcoin has some very worthwhile supports in this case this can lead to a back-up and potential breakout of the channel-formation when Bitcoin manages to go ahead and recover nevertheless it is of high importance that Bitcoin does not fall below the lower boundary and close there because this will invalidate the bullish scenario initially for sure, this is why it is inevitably necessary that Bitcoin holds the boundary.
Upcoming Determinations:
Taking all these factors into consideration Bitcoin will show the next time how it manages to hold these important supports in the structure and back-up from there. Currently, the bullish perspective is not out of sight however it is highly necessary for Bitcoin to show up with the right price-actions and do not increase with bearishness anew because the dynamics can also shift in this case as the cryptocurrency market is still highly volatile such alignments should not be underestimated and especially in the case of market makers and smart money operators we should be prepared on potential changes in direction to act accordingly when they show up and do not get overwhelmed by circumstances, it will be an interesting journey ahead.
In this manner, thank you for watching the analysis, many thanks for everybody supporting, have a good time and 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 markets.