Bitcoin Dominance has broken down from wedge on CRYPTOCAP:BTC.D and it is retesting the ceiling resistance for 10 days streak now Next important levels are the 52% multimonth support and 47% multiyear support, this last the first target of this wedge On the bellow pannel, we have the Detonator C (c) indicator that keep sinalling this exaustion on the dominance...
Although we could zoom out and literally write a book of CRYPTOCAP:TOTAL technical analysis, let´s start with this 12 hour time frame In green, a Cup & Handle formation, that WILL TAKE US ABOVE ALL-TIMES-HIGH cryptomarket cap The ATH marketcap is marked on the purple horizontal lines (2,9 to 3,0 trillion) and the C&H targets are marked with the purple arrows,...
Since the drawdown by major exchanges, OMXSTO:XMR has seen big losses But now on the last weeks, it has regained previous price area! One more evidence of an algorithmic price behavior in crypto markets If you want to know more about how you can leverage your game with algorithmic price behaviors, just check my signature link
Here on SEED_DONKEYDAN_MARKET_CAP:JASMY , a classic Cup & Handle formation, target 0.0345 But at the same time, we have a Bull Flag with already tested support, with target on 0.046!
The Bitcoin Trend and Forecast token, $BTAF is performing a stunning pattern: It is a Cup & Handle inside another Cup & Handle! What you see is a bigger picture, some 15 months; it has performed a very large C&H that has already broke out from handle (downward yellow channel), with target at stunning 1000% The handle of this bigger C&H formation is another C&H!...
It sounds impossible, but take a look! As CRYPTOCAP:TOTAL crypto marketcap is inside a multiyear wedge, it will likely continue this trend for next months as we are testing the support If you take a look at the RSI on the panel bellow, another trend is forming and will likely hit the resistence before end of year (big purple arrow), with more then 230%...
Clear wedge forming on CRYPTOCAP:BTC over several supports: - Parallel multiyear channel - Important VWAP quarter horizontal line (orange line that coincides with a Fib Level - blue line) - Fib Level (blue line) from last flag in February - Insinuating over wedge ceiling line (dark blue) So, we have a very good confluence there; maybe a scary quick drop...
Gann Square on CRYPTOCAP:BTC indicating a decisive movement over this Wedge There is a region of several confluence trendlines marked in the orange circle That region will be reached by end of this month according to this analysis
A beautiful break from Inverted Bump and Run! You know what this means... For those who likes cryptos AND gold, this coin is a must! TSX:ZGD is ZumbesiGold Target here is 1.80 usd
Break from this Wedge will give a quick 20% on this 12 hour analysis
This is AMEX:AE Aeternity Project And on the last few weeks it has broken the wedge! A MULTI YEAR WEDGE! Making his 2nd try on the support of what is also a INVERTED BUMP & RUN! This coin looks like is getting behind others, as it still trying to reach the low Beam Band (fine purple line) If this coin enters the Beam Band and reaches to its ceiling, it will...
Here on BME:ETC , we can see a lot of down pressure on the 4h time frame The 1st and 3rd targets was already achieved as is indicated over the numbered pink arrows as this targets were from the downtrend above Now, it looks like a downtrend flag is forming inside the yellow area This flag is giving us another 2 more down targets the coincide with the floor of...
You definetly want to see this A beautiful breakout from wedge holding support on both 200EMA and 200MA in a 1D perspective time frame A conservative target will get us from now on a 210% in return If you have the balls, an astounding 4400% to all-times-high and a baffling 5400% to the top of Beam Band This old but gold project already gave us 6x since march...
CRYPTOCAP:BNB is forming a beautiful triangle I inicially thought it would form a parallel channel, but no, as you can see the channel is still on chart (in yellow) Breakout from this triangle will give us 27% from today price Expect some more downtrend for a few days before the breakout, as the Detonator indicator (purple) is riding on top of oscilation
Gigantic forming (bull?) flag on CRYPTOCAP:SHIB Price is holding nice above 200MA 12h and it forms a triangule with the resistence channel The target is conservative, and it was traced from the bottom of channel
NASDAQ:SLP Smooth Love Potion is holding nicely over several suports It is holding above 200MA 1D, above 200EMA 1D and above long term fib level And it is retesting as a support the anterior blue resistence! Bollinger Band is narrowing (gray) and there is also strong support from Visible Range Volume past trades (horizontal bars on right) As the target of the...
Two distinct flags can be drawn here and market is just waiting the breakout! Targets are indicated by pink arrows!
Can it be, in yellow, a flag pattern? Price has just cutted through during downtrend and already touched the target (pink arrow) But as long price stays down the 200MA (red) and down the blue trend line, it may again touch the local bottom