XRPUSD, Local Triangle-Formation With Potentials When Completed!Hello Traders Investors And Community,
Welcome to this analysis about XRPUSD, we are looking at the 45-minute timeframe perspective, the recent events, the established formational structure, and what we can expect in the upcoming times. XRPUSD on the global as well as local perspectives has shown up with important price-actions testing the previous resistances established, these were important steps and as I discovered on the more local timeframe perspective, XRPUSD is forming an important formation here that can lie worthwhile ground when it shows up with the right price-action to determine further volatilities ahead, 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 XRPUSD is now about to develop this major triangle-formation marked in my chart in blue, furthermore XRPUSD has this coherent wave-count within the formation with the waves A to C already fully completed and the wave D now starting to establish which will run directly into the upper-boundary which is likely to be a source of the wave E that will be the final wave in the count completing it and moving directly into the confirmational-bounce-cluster from where a bounce to the upside can establish, when this bounce is strong enough and XRPUSD manages to move above the upper-boundary after it this will complete the whole formation and activate upside-targets ahead in the schedule.
Upcoming Determinations:
XRPUSD now is in a situation where it has developed this great triangle-formation that can show up with solid potentials initially to the upside when it completes, when this happens and XRPUSD manages to bounce above the upper-boundary to close there it will activate the targets seen in my chart at the 0.72 level, when these are reached the whole dynamic needs to be elevated anew and if XRPUSD manages to continue bullishly further or firstly reverses visiting lower level. It is also necessary to distinguish the current formation XRPUSD is forming from others within the market as not every is building such great formations. The next times need to be elevated how XRPUSD proceeds further, it will be an interesting dynamic 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 markets.
Vinceprince
Ethereum, Preliminary Set-Up For A Channel-Breakout-Attempt!Hello Traders Investors And Community,
Welcome to this analysis about Ethereum, we are looking at the 4-hour timeframe perspective, the recent events, the established formational structure, and what we can expect in the upcoming times. The divergences between the individual currencies within the cryptocurrency market is increasing as the market is not what it was back in 2017 where just everything went into one direction there are coins now with highly differential set-ups and formations forming within the market, these differences are important to assess when moving into the market especially when establishing a potential arbitrage within the market, therefore I detected 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 has developed this major massive ascending-channel-formation marked in my chart with the black boundaries and also with the coherent wave-count within the formation almost already completing all waves from A to D and now about to form the wave E in the structure that can move into a protraction when showing up with the right price-actions, there we can expect the wave B to form as a sub-wave within the structure testing the levels of support in the structure given by the confirmational-bounce-cluster marked in my chart where the 100-EMA in red as well as the 85-EMA in green lying which are solid reference-points for the bounce to the upside.
Upcoming Determinations:
Ethereum is in a situation where it has shown up with initial strong volatility above the previous all-time-high forming new highs in the schedule and advancing further, now it is the time for Ethereum to confirm this pace and hold it further to do not show up with the increase of bearishness that will invalidate the further conclusions. Therefore it is necessary to await the proper validations and confirmations ahead next time to finally move in the right direction. When Ethereum manages to show up with the right price-actions here and breaks out above the upper-boundary this price-action will point to upside-targets lying above the 2200 level, it will be an interesting development and 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.
Bitcoin, Flag-Formation, Ready To Jump Above 50.000 USD!!!Hello Traders Investors And Community,
Welcome to this analysis about Bitcoin, we are looking at the hourly timeframe perspectives. In the last days and weeks, we have seen a big upthrust within the cryptocurrency market, as the trading volume in January was nearly 3x times its all-time-high seen back in the bull-market in 2017, besides that we had strong bullish news about Tesla moving into the market and other important players like Twitter want to follow now, this is indicating the institutional interest is growing, now on the technical side of things I have detected an interesting formation that has the ability to move Bitcoin above the historical 50.000 USD mark which can hold as solid support when Bitcoin manages to mark above.
Structural Developments:
As when looking at my chart now we can watch there how Bitcoin has now formed this descending-channel-formation marked in blue within my chart and with the coherent ABC-wave-count almost already completed in the schedule, when Bitcoin now manages to bounce above the upper-boundary with a decisive volatile bullish move to the upside and stays above the upper-boundary to confirm it as support this will lie ground for the ascending-channel to complete as a bull-flag and activate upside-targets ahead above the upper-boundary where the major wave C within the upside-wave-count will develop as it is shown within my chart, in this case, it is of high importance that Bitcoin does not fall below the ascending trend-lines, however, this is not a likely scenario.
Upcoming Determinations:
Taking these factors into consideration Bitcoin has developed a strong formation that can lead to a more protracted bullishness ahead of upcoming times and as formerly detected Bitcoin already bounced within the local level and confirmed scenario 1 which was mentioned. Now, this is lying ground for a great continuation and it will be seen how it develops further. The 50.000 USD-mark will be a great milestone in Bitcoin history as it is also an important psychological level similarly to the 10.000 USD and can hold as strong support when Bitcoin manages to move above it, it will be shown how this dynamic then develops further, now it is important to elevate the breakout before moving rightly finally into this direction.
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 markets.
LINKUSD, Reaches Upside-Targets, How Continuation Can Establish!Hello Traders Investors And Community,
Welcome to this update-analysis about LINKUSD, we are looking at the hourly timeframe perspective, the recent events, the established formational structure, and what we can expect now within the upcoming times. Since the former analysis LINKUSD has fully managed to complete the wave-count within the triangle and finally show up with the upside-breakout above the upper-boundary initiating strong volatility to the upside and also reaching recently the upside-targets from where LINKUSD firstly moved some more above the target and then pulled back to the downside, in this case, I discovered the underlying structure and where this can lead next times, therefore I detected all the important levels and likely perspectives to consider.
Structural Developments:
As when looking at my chart we can watch there LINKUSD is now since the pullbacks emerged holding this equilibrium-range as support where the price-action cruises up and down, now as LINKUSD firstly has shown up with these initial pullbacks this can follow up to test the remaining supports mainly lying within the 50-EMA in red, the 40-EMA in green and the lower boundary of the potential triangle forming there building this solid support-zone from where LINKUSD can bounce and complete the whole triangle, therefore it is of inevitable importance to hold the blue box and do not fall below it because such a price-action will firstly invalidate the triangle and visit lower levels from where a new stabilization can be possible.
Upcoming Determinations:
Taking all these factors into consideration LINKUSD has developed a strong bullish follow-up with reaching to the target-zones and now it is the time to build up on this to lie ground for a fundamental continuation, therefore it is necessary that LINKUSD develops as suggested and do not increase with bearish price-action and signs further nevertheless it is inevitably important to really keep patient and wait for the proper confirmations before finally moving into the right direction better than just rushing into trades that do not satisfy and keep open food for the market makers and smart money operators, it will be an interesting and exciting 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!
"Trading effectively is about assessing possibilities, not certainties"
Information provided is only educational and should not be used to take action in the markets.
XRPUSD, Reaches Determination-Zone, Important Levels Now!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. Since the former analysis XRPUSD has shown up with the bull-flag-breakout and with solid upside volatility above the boundary to finally reach the target-determination-zone as expected from where it now initially pulled back and as I discovered with the new situation now there are some important signs to look at for the moment that can lead to potential continuations when confirmed, therefore I detected all the important levels and likely destinies we should consider within the established structure.
Structural Developments:
As when looking at my chart now we can watch there how XRPUSD pulled back from the target-zone and firstly tests remaining supports nevertheless XRPUSD there is likely to come more pullbacks next times with XPRUSD moving into this dynamic-support-zone marked in my chart in blue which is highly important to hold and where several supports coming together forming this important support layer consisting of the 60-EMA in red, the 45-EMA in green and the ascending-support-line from the bull-flag marked in blue, all together this zone has good potential to show up with a bounce to the upside and it is important to hold it because when falling below this will firstly invalidate the bullish scenario.
Upcoming Determinations:
Taking all these factors into consideration XRPUSD is about to decide the final direction the upcoming times which is more likely the bullish direction which will finally confirm when XRPUSD manages to complete the triangle-formation as marked in my chart in orange, when this happens XRPUSD will finally confirm further bullish conclusions with the close above the ascending-trend-line as marked in my chart, such price-action will activate upside targets and the bullis continuation direction. For now, it will be necessary to elevate how XRPUSD continues to develop the stabilization from where it can build upon, 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!
"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, Important Formation, Possibility To Re-Test Levels!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 recent times has managed to show up with important breakouts above the previous all-time-high and managed to advance within the new all-time-high-region forming new highs within the structure to the point now showing up important signs that firstly should not be kept by side here as I discovered an important formation that can firstly lead to initial re-tests and alignments of previous support/resistances, therefore I detected all the important levels and likely destinies we should consider.
Structural Developments:
As when looking at my chart we can watch there how Ethereum is now forming this decisive ascending-wedge-formation marked in my chart with the blue boundaries and the coherent wave-count within the formation almost already completely finalized with all waves. Now currently Ethereum is about to test the lower boundary of the formation again and when this boundary does not hold this will lead to the final completion of the wedge-formation and activation of downside targets as seen in my chart within the 1590 level marked in blue from where a potential stabilization can show up with Ethereum building up and holding the support sustainably to test upper levels anew.
Upcoming Determinations:
Taking all these factors into consideration Ethereum is in a formation where it can move minimum into a more protracted correctional movement when the formation finalizes and activates the targets however this does not mean Ethereum is completely bearish as the more global perspectives are still pointing to a bullish preference within Ethereum, this is why Ethereum especially has the ability to form new bullish potentials when it manages to rightly stabilize within the given supports and do not increase with bearish price-action again, for now, it will be necessary to elevate how the formation finalizes before finally moving into this direction, 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!
"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.
Bitcoin, Aligning Correction And Rescheduling, Likely Scenarios!Hello Traders Investors And Community,
Welcome to this analysis about Bitcoin, we are looking at the hourly timeframe perspective, the recent events, the established formational structure and what scenarios are there awaiting on Bitcoin. Since Bitcoin managed the strong volatility and protracted bullish moves above the previously established range it has shown initiated some pullbacks in the structure that should not be underestimated in terms of the determination these pullbacks are going to and where Bitcoin can back-up and stabilize again, in this case, I discovered the underlying structure and what scenarios Bitcoin is likely to show up within the upcoming times, 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 Bitcoin is forming this major ascending-channel-formation marked in my chart with the blue boundaries and the coherent ABC-wave-count within the formation currently about to form the wave C within the schedule, furthermore, Bitcoin has this descending-resistance-line within the channel marked in my chart in black, this is an important line as Bitcoin needs to move above it finally confirming the bullishness to increase further with a continuation given. As Bitcoin currently develops two underlying ABC-wave-counts, firstly the major ABC-wave-count marked in orange and the sub-wave-count in grey these wave-counts can either complete normally or form a protraction to lower levels firstly.
Upcoming Determinations:
Taking all these factors into consideration Bitcoin is in a situation where it will show the final conclusions within the next times, therefore it is necessary to explicate the two potential scenarios upcoming here, the first scenario will complete when Bitcoin manages the stabilization within the blue support-cluster in the ascending-channel to finally bounce there and mark above the resistance and the second scenario will show up when Bitcoin does not hold this level and finally moves below the lower-boundary, such a price-action will lead to the protraction of the underlying wave-counts and will point to the dynamic zone marked in my chart, this does not mean the bull-flag is over here, it will be like an extension of the flag with a new alignment which is sometimes given.
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.
LINKUSD, Important Flag-Formation, Here Is How It Completes!Hello Traders Investors And Community,
Welcome to this analysis about LINKUSD, we are looking at the hourly timeframe perspective, the recent events, the current formational structure and what we can expect LINKUSD to show up with in the upcoming times. As LINKUSD approached within the new all-time-high zone last times I discovered a decisive formation LINKUSD is now forming that can lie ground for further great continuations ahead when the right price-actions shows up, therefore it is also necessary to wait for the final validation before finally moving into the determined direction, therefore I detected all the important levels and likely outcomes we should consider with LINKUSD in the established structure and upcoming movements ahead.
As when looking at my chart now we can watch there how LINKUSD is about to develop this major triangle-formation marked in my chart in blue, furthermore LINKUSD has the coherent wave-count within the formation already completing waves A to C within the schedule and is now setting up to form the wave D which will test and run into the upper boundary from where the wave E is likely to emerge which will finalize the whole wave-count and mainly move into the lower confirmational-bounce-cluster marked in my chart in blue from where the major confirmational-bounce can show up that will complete the whole formation and activate targets as it is seen within my chart.
Taking these factors into consideration LINKUSD has formed a strong formation that can show up with great breakouts ahead next time, when this happens the targets seen in my chart at the 30.5 level will be activated and likely to be reached, after that the situation needs to be elevated anew. There is a possibility given that the formation invalidates however this possibility is at the moment very quite marginal and therefore the triangle-confirmation should be much more expected. For now, it will be determining how LINKUSD develops the wave-count further and continues with the breakout after this, 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!
"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.
Cardano, Approaches 1 USD-Mark, Potential Great Breakout Ahead!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 on the global perspectives recent times has shown up with some great bullish alignments approaching higher and forming some solid up moves in the schedule, now as Cardano approaches historical levels also near its all-time-high there are decisive formational structure I discovered Cardano is forming that can lead to further building up and a potential great breakout upcoming, therefore I detected all the important levels and likely destinies we should consider with Cardanos established structure and the upcoming movements.
As when looking at my chart we can watch there how Cardano is now trading within this major ascending-channel-formation marked in blue within my chart and with the coherent wave-count within the formation already completing waves A to D in the structure with which Cardano is now testing the lower boundaries with the wave D and the underlying supports within this level consisting of the 45-EMA in red as well as the 35-EMA in green, taking this Cardano has great supports lying there that are likely to be the origin of the next wave E to the upside which will also be the final wave completing the wave-count and when Cardano marks above the upper-boundary with it leading to protraction of the wave-E and wave-count.
Taking all these factors into consideration, Cardano is trading in a situation where it has developed strong upside-pace that may not be over for now, especially with Cardano moving on with the wave-count as suggested it can build up further and the fact that Cardano is near its all-time-highs can also be positive when Cardano manages to move above these sustainably. For now it will be important how Cardano develops the wave-count ahead upcoming times under the given circumstances and how the breakout then can possibly develop, what is highly important here is tha Cardano holds the support because when falling below this will invalidate the bullish perspective within the bearish zone marked in my chart.
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, Above Important Layers, Decisive Formation Develops!Hello Traders Investors And Community,
Welcome to this analysis about Ethereum, we are looking at the 4-hour timeframe perspective, the recent events, the established formational structure, and what we can expect in the upcoming times. Ethereum recent times has formed the breakout above important resistance-zones and advanced within the new all-time-high-region in which it develops further, now I detected a decisive formation that can show up with strong conclusions when the proper price-action shows up, therefore it is necessary to differentiate Ethereum from other cryptocurrencies as not each builds such structures, therefore I detected all the important levels and likely destinies meaningful to consider.
As when looking at my chart we can watch there how Ethereum is now within this descending-channel marked in black in my chart, furthermore Ethereum has this coherent wave-count within the channel already fully completing waves A and B within the structure and now setting up to form the wave C which will be important in terms of if it protracts or not, the protraction of the wave C can lead into the lower confirmational-bounce-cluster from where a strong bounce can show up that then has the ability to complete the whole formation in the schedule which will happen when Ethereum finally breaks out above the upper-boundary as it is marked within my chart.
Taking all these factors into consideration the next times will be determining for Ethereums destinies, therefore it is of inevitable high importance that Ethereum rightly holds the descending-channel and manages to show up with the proper price-actions as suggested because when this does not happen and Ethereum breaks below this level it will invalidate the formation and point to lower zones with bearish pressure to be increased. For now, it will be important to elevate how Ethereum finishes the formation and how fast the final breakout can develop, when this happens it will activate the upside targets and the Fibonacci-projection marked in my chart within the orange level.
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.
Bitcoin, Builds Potential Next Flag-Formation, Important Zones!Hello Traders Investors And Community,
Welcome to this analysis about Bitcoin, we are looking at the 30-minute timeframe perspective, the recent events, the established formational structure, and what we can expect in the upcoming times. Bitcoin recently has made fundamentally important moves as it established the breakout above its previous trading-range and marked above the 45.000 USD level, this was a serious step that needs the proper conclusions to further validate, besides that Bitcoin also already formed a bull-flag-formation in the structure that completed and as I discovered Bitcoin is forming a similar formation right now, therefore I detected all the important levels and likely outcomes we should consider here.
As when looking at my chart now we can watch there how Bitcoin has and fully completed this bull-flag-formation within the structure and has shown up with the breakout to test the 49.000 USD level, from where it firstly pulled back to the downside and is now about to develop a second important potential ascending-bull-flag-formation that is marked in black within my chart with the coherent wave-count within the formation already completing waves A to C in the structure and now as Bitcoin is approaching strong supports lying within the lower boundary and the supports coming into there the wave-count is likely to continue with the wave D in the structure that will move on to test the upper-boundary from where the final wave E has good potentials to originate.
Taking all these factors into consideration Bitcoin has developed an important second formation that can show up with great potentials when it completes and especially has the ability to mark above the 50.000 USD level which is really a milestone for Bitcoin imagining that this is 10x of the price Bitcoin had one year ago. Taking these factors into account the next major wave C will show up when Bitcoin finally moves above the upper-boundary as marked in my chart, after this is done it has to be elevated how Bitcoin continues after the wave C has formed within the structure, for now, Bitcoin has formed a strong pace on the local perspective as well as on the global, it will be an exciting journey 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 markets.
DEFI Index, Potential Reversal Firstly Testing Further Levels!Hello Traders Investors And Community,
Welcome to this analysis about the DEFI Index, we are looking at the hourly timeframe perspectives, the recent events, the established formational structure, and what we can expect in the upcoming times. The index on the more global perspectives has approached highly overbought areas and recently struggled to maintain further with initial setbacks that should not be underestimated here, this is why I discovered an important formation that can firstly lead to a change in direction and testings of further levels, therefore I detected all the important levels and likely outcomes we should consider within the established structure and the upcoming movements ahead.
As when looking at my chart we can watch there how the Index is now forming this major ascending-triangle-formation marked in my chart in blue with the coherent wave-count within the formation already completing the waves A to C and is now setting up to form the wave D within the schedule which will run directly into the strong support-zone marked in my chart with the blue box which is likely to be the origin of the wave E to the upside, this wave E will run directly into the dynamic-resistance-zone where the wave-count will finalize and has a high probability to indicate a bearish pullback to the downside as it is marked in my chart, when this pullback then does not manage to hold the range and moves below the lower boundary it will complete the whole formation and activate downside targets with further bearish pressure ahead, when these are reached it has to be elevated if the Index manages a stabilization within. In this case, it is possible that there comes the proper back-up and the index moves on to test higher levels however it is of extremely high importance for the Index to hold the support and do not fall below it because this will invalidate the bullish perspectives firstly.
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.
XRPUSD, Channel Breakout Imminent, How It Establishes!Hi my friends,
Welcome to this analysis about XRPUSD, we are looking at the 4-hour timeframe perspectives. XRPUSD the recent times as mentioned has formed several important formations that completed in the schedule and reached initial short-term and middle-term targets, now as I discovered XRPUSD is forming a really massive formation here that can determine further targets within the schedule when it completes and XRPUSD manages to show up with the right price-actions, therefore I detected all the important levels and likely destinations we should consider within the established structure and the upcoming movements ahead.
As when looking at my chart we can watch there how XRPUSD is about to form this major ascending-channel-formation marked in my chart in blue, furthermore it has developed this wave-count within the formation already fully completing waves A and B within the schedule with the proper sub-waves within and now XRPUSD is about to form this major wave C that can lead to a channel-breakout and extension of the wave C, therefore it is highly important that XRPUSD holds the 25-EMA in red as well as the 15-EMA in green matching together with the middle-line as support and backs up from there to attempt the channel breakout as it is marked in my chart when this happens and XRPUSD manages a decisive bounce above the upper-boundary to close there and set up on this it will lead to the wave-C-extension and activation of the upside-targets marked in my chart in blue. When these targets are reached it can be a potential short-zone however the ongoing bearishness has the potentials to stabilize in the structure and build upon above the channel as XRPUSD has definitely bullish possibilities also in the middle and long-term.
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 markets.
Ethereum, Channel-Breakout Established, Likely Perspectives!Hi my friends,
Welcome to this analysis about Ethereum in which we are looking at the 3-days timeframe perspective. Ethereum recently has shown up with some great breakouts above the previous all-time-high-condition taking up a same pattern like Bitcoin already did after approaching the new highs, yet there are important divergences that need to be assessed as the spread between the certain coins increase more, with Ethereum there is certainly potential given however there are also important considerations that can lead to volatility and pullbacks, therefore I detected all the important levels and likely perspectives we should consider within the developed structure and upcoming movements ahead.
As when looking at my chart we can watch there Ethereum formed this clean and clear breakout above the upper boundary of the major global ascending-channel-formation marked in black after which it also managed to advance within the new all-time-high given, furthermore it is important that Ethereum is above the 25-EMA in red and the 15-EMA in green and besides these factors Ethereum has now developed this steeper ascending-channel in which it tests the upper-boundary that can lead to the wave D upcoming developing within the wave-count Ethereum has formed, when this wave E manages to bounce within the structure and holds the level to do not fall into the bearish ground again this will be a solid setup for the wave E to approach nevertheless this wave E will run directly into upper layers of overbought areas where a short can be considered as Ethereum is also in overbought conditions already this dynamic and possibility should not be underestimated, we will see how this dynamic continues, it will be a interesting and exciting 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.
Bitcoin, Potential Upside-Channel-Breakout Upcoming Next Times!Hi my friends,
Welcome to this analysis about Bitcoin in which we are looking at the 6-hour timeframe perspective. Since Bitcoin recently managed the breakout above the previously established range it has shown up with initial correctional movements, now besides that Bitcoin is forming a decisive formation that I discovered which will be worthwhile for the upcoming determinations and especially when Bitcoin manages to show up with the right price-action here this can lead to an acceleration in trend and increase in bullish pace, therefore I detected all the important levels and likely objections we should consider within the established structure and the upcoming movements ahead next times.
As when looking at my chart we can watch there how Bitcoin is now trading within this important ascending-channel-formation marked in my chart with the black boundaries, furthermore Bitcoin developed this coherent wave-count within the formation already fully completing waves A to C in the schedule and is now about to form the wave D within the structure that then has good origins for the final wave E when Bitcoin manages the sufficient bounce and increase of bullishness from support, this wave E will finalize the whole wave-count and can end in a strong protraction when Bitcoin shows up with the right pace, therefore it is highly important that the supports hold because when falling below this will invalidate further bullish approaches.
Taking all these factors into consideration now Bitcoin is in a situation where it has developed some solid upside validations however now it is the time for Bitcoin to properly build upon this and do not let the bears increase with bearish pressure again, therefore when Bitcoin manages to develop these bullish price-actions a great continuation can follow finally with Bitcoin moving above the upper-boundary and closing there to continue in the direction. For now, it is necessary to elevate these upcoming steps before finally moving into the direction, this is necessary to not just rush into the market and become food for the market makers and smart money operators pushing prices in bull-traps or stop-loss-huntings.
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.
Cardano, Here Is How A Upcoming Major Breakout Develops!Hello Traders Investors And Community,
Welcome to this analysis about Cardano, we are looking at the hourly timeframe perspective, the recent events, the established formational structure, and what we can expect in the upcoming times. Cardano formerly has established some solid upside movements as there existed also good fundamental news. Now as I detected Cardano is forming a decisive formation that will determine further continuations when it rightly completes in the structure, therefore it is necessary for Cardano to show up with the right price-actions to complete this and in this case, I show the important zones and likely determinations we should consider in the established structure and upcoming movements.
As when looking at my chart we can watch there how Cardano is now about to form this major ascending-channel-formation marked in blue within my chart, furthermore Cardano has this coherent wave-count within the formation already almost completing waves A to E, now Cardano has some solid supports lying within the structure as marked in my chart with the confirmational-bounce-cluster, this cluster has the potential to show up with a solid bounce to the upside and when this bounce is strong enough this can lead to a final channel-breakout. When Cardano manages to execute this price-action it will validate the channel finally as an ascending-bull-flag-formation and activate upside targets in the structure as marked in my chart at the 1 USD level, this will be a major step for Cardano to acquire more stabilization also on the middle and long-term-basis, 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 markets.