As you see in my chart, Ape is at the bottom of my channel. This is an area I’m actively accumulating. MACD and rsi suggest Ape is in oversold territory. A break below this area would likely push ape to the $12.50 range, then a test of the $10 range. If it manages to build momentum the next high could be in the $40 range.
Bitcoins had no momentum lately. If a break below the Neckline in the 45,500 range occurs the measured move is 38,900.
As you can see ETH has been Bull Flagging for a few weeks while now, rsi is in a failing wedge. I expect a nice pump in the coming weeks. PT, $6000
Breaking down Btc in fractals, you can see btc is in the process of completing another wyckoff distribution. One more pump to the 49-50 range is expected, before the rug pull.
Hey everyone, If we look at the 4hr chart on Farm. A massive bull flag has formed. The measured move puts the next leg up in the $400 range. A quick look at the RSI reveals a hidden bullish divergence. My take profit is between $400-$450 Happy Trading everyone.
Btc appears to be making a Head and Shoulders formation this could invalidate itself by making a pushing over 50-52 range. Any more sell pressure could push this eventually to the 26 range.
48k looks to be the top of this run, then a PT of 36,000.
Btc successfully backtested its break out of its descending channel, I’m expecting Bitcoin to return to 40k then test 44k. Happy trading everyone.
As you can see in the chart BTC appears to be in a ascending triangle highlighted in the red. 33,700 was a resistance, that seems to be holding as a support now. Putting current sell resistance is around 34,300. If btc can push through 34,300, 35,200 would be the next resistance. Then 38,200. Any strong sell pressure under 33,700 puts btc back down to the 32...
Btc appears to be making another rising wedge, double top at 36 and drop.
Bnb is one of my favorite tokens, I take any weakness and turn it into a DCA opportunity. Bnb seems to be making bullish moves in a ascending triangle. Breaking above 310 and the bullish trend continues with resistance around $327 breaking below could send this to the low $200’s where I will continue to dca. Eventually I believe bnb will see 4 digits, so I look to...
BTC tried to break out,and met heavy resistance at the 36. Creating a nice bull trap in the process. IMO we go back to 30.
My next potential swing range is in the 24 range, where i think btc will form a local bottom. Taking it out of the falling wedge, to the 38 range over the next couple of months. Happy trading everyone!
Here comes the disappointment. Levels to watch are 32,30,28.
As previously stated in my last post, The 30k support is getting weaker. Which ended up breaking, sending BTC to a daily low of 28,800. Which was my swing range. Causing BTC to break down out of the bear flag briefly then back up to a previous support of 34,500. Which is now resistance. If 34,500 is broken and cleared it would take BTC out of the descending...
As you can see on the 1 day BTC Chart, BTC has been in a clear downtrend for a while. 30k has shown to be a strong support, but by the day it looks to be getting weaker. With BTC sitting under the 20 week and 50/200 MA. IMO, we break through 30 to the 28 range before we see any meaningful bounces. Ultimately trending lower to the 21,000 range over the course of...