Unfortunately, Altmarket cap isn't looking promising at the moment as we have just broken out of the head and shoulders neckline. This is a bearish signal for the market. What can we expect next? Based on the current price action, it is likely that we will retest the neckline as a resistance level. If the price fails to break above this level, it could confirm...
BTCUSD (Bitcoin) I expect BTCUSD to revisit the key support level at 21500 in the near future. A rebound from this level would signal a potential uptrend, with a target of 26k after breaking through the key resistance at 25200. If the support level at 21500 fails to hold, we could see a deeper correction, with a potential drop to 19k or lower. Therefore, it's...
I have been monitoring the ZCASH / ZEC for a while, it's lookin so bullish, it's golden opportunity to get long until 70$ with the stop loss of $40 we could see a little pullback before going to 70$ this is definitely a financial advice, manage your risk well. don't forget to put stoploss
BTC has formed a massive bullish divergence. I think the bottom is in. the worst had already come. which was ftx disaster. 2023 for crypto is looking great. in worst case scenario we can still revisit 14-15k but I believe the massive pump is looking great. btc could correct to 30-40k in 2023. another reason is DXY is also looking weak at the moment.
USD.T dominance is forming an ascending triangle, which is considered bullish. However, we did break down from the triangle. I published the first altcoin season idea on December 17th, 2022 and I believe that a pump is coming. Currently, we are running into heavy Support from the 50-week moving average. For altcoins to remain bullish , we need to break this...
Take a look at the following chart. the chart is looking bad but if we make a quick recovery above 18600 bitcoin is safe.. Another theory which i believe is that with ftx everything was planned by CZ. he is master when it comes to destroying and eliminating their competitors. the situation could have handled very well. but CZ made a ripple effect by...
Well, USDT.D. has formed a massive divergence; there could be a last shakeout to eliminate the retail investors. It's a very good opportunity to start buying into some of the altcoins. I believe file, coin, dot, dash, and sushi are nearing or have already reached their bottoms. After breaking out of this massive rising wedge, we will see a huge pump. Today's...
So btc is looking bearish after completing a 5th wave pattern. it's looking quite bearish. let's see how it goes :) already have massive, short open, so please manage your risk before trading.
LTC is looking quite weak right now, i believe there is good opportunity to short from here, until the target hits.
So tomorrow CPI (consumer price index) data will be released. if CPI report comes below 7.9-7.8 it's going to be bullish for all the markets and this idea will be invalidated. but part of me believes that report is going to come above 8.0 if that happens LTC and all other coins will fall to previous lows. There is another scenario which I am also thinking it...
CRYPTOCAP:DOT after getting rejection from 10B marketcap polka dot seems to be forming an Head and shoulder pattern on 12 hour timeframe could be seen on other lower timeframe as well. the point I am trying to make here is next month is September. which is not really good for for crypto statistically speaking. (though anything could happen) I am looking to...
BNB is looking so bad right now, i feel like it will go below $100 this year, the bubble is about to pop. Yeah binance fans aren't happy, also there are so much fud related to binance. but yeah it's going to happen we will get another chance to buy BNB below 100$ probably close to $50. it might sound crazy but it will eventually happen !!
BINANCE:SOLUSDT SOL was one of the best performing coin in 2021. After Topping 250+ SOL dropped almost 90% to it's original ATH price. if we look closely SOL is forming descending broadening wedge pattern. Which is bullish pattern. if we take a look at weekly RSI and MACD both of them are quite bullish. VPVR indicator also showing strong support near 38-40$...
BINANCE:SOLUSDT So it's been while after ftx collapse Sol was in pressure due to alameda research holding of 300+ million worth of usd. people were afraid to hold solana so people dump their Sol holdings. after that initial dump Sol formed another decending bearish triangle which isn't looking good for now. the price is going much much lower, i think the sol...
btc is forming bearish pennant on 4 hours timeframe. which isn't bullish continuation indication. it's looking very bad. withing few hours PPI (producer price index) report will be published around 8:30 A.M. Eastern Time) I am hoping for bullish news if we do get the bearish news. we will see significant drop in bitcoin price. if you are holding bitcoin in...
USDT Dominance is forming ascending channel pattern. Right now, it's testing a strong resistance of 100 days. which seems to be working. tomorrow the cpi report will come out. if the cpi exceed the expected value. we will head to the red area. it means the market will be shaken. I am expecting the yellow path in case the value is between 8.2-8.3 if the value...
NEOUSD seems to be forming descending wedge pattern. Last year NEO topped at $130+ it's also one of the coin which failed to break All time high like IOTA, XRP, DASH, BCH. but now it seems it's finally getting the momentum back. this chart shows that NEO will probably hit all time high around by the end of 2023 (time is very hard to predict). but here we go...
USDT has formed a huge ascending triangle which means usdt is bullish in terms of market cap. it also indicates people are converting their assets to usdt. only one hour left for CPI report if the cpi report is above 8.3 we will see massive dump in crypto market and other markets as well. if the value is lower or equal to 7.9 we will see huge pump. lets see how...