Bitcoin need to break above 21.9k at least in order to stand a chance for a retest at the top of our ascending wedge! Unfortunately it faces a lot resistances from Fibonacci price levels and from previews highs. You can spot the resistances with the Red lines on the Graph. Whatever you do now without confirmations it's just gambling. Have some patience and...
After the HEAD AND SHOULDER , we can see that we are in a clear downtrend, but if the btc respect the support lines, we are facing for now the 19k support. If 19k support breaks we are going to our last support which is 13-14k. That's our major support through the timeline. But guys drops can make you money also! We can short after a clear break of 19k !
Vechain broke the 1st resistance which make us have a bullish hopes, here i show you the targets i will take off some profits from the dip, these spots will work as resistances and there is a big chance becauce of the news in the world to lead us to the downside! be ready and take profits if you are trading! @CryptoDrou Have a safe trading
Bitcoin got overbought after the last big pump to the upside, but as always it has to cool off and wait for the strenght of the support. I belive that we might find some support to the 41.5k $ zone which it was act as a previews supports and resistance price. In order to have a good bull run we need to brake the 46k $ range where we face the strongest resistance...
Bitcoin on weekly chart we can see 2 big waves, which the first one is lower than the middle one, what we understand from this? That if we won't have a new ATH on this run up we will probably have a HUGE HEAD AND SHOULDERS pattern coming on the way which can lead us to really low prices! But as always this is healthy and normal, some times in bitcoins history we...
Bitcoin has a drop dew to an M formation, But in a bull run or at a bullish reversal M formations easily become W formation which is bullish formation, so if we break 41.5K an M formation is becoming true, if we bounce at this point from this level we might have a Nice W formation @mariosdrou Always keep it safe!
Bitcoin after the huge drop, found a really strong support at 33k which worked as a bounce price!, now after a long time we have a potential inverse head and shoulder at 1 Day chart which can chance a lot! Of course we have a lot of resistances to break before we go for a big run, but almost every bounce to the top starts from an Inverse head and...
Bitcoin started a crazy rally to the upside but as always in order to continue the bull run we need to retest some supports and break some really important resistances! At 46.5-47k $ BTC is facing HUGE RESISTANCE from the 100 & 200 EMA ( ESTIMATED MOVING AVEREAGES) which is really strong! also it faces the EMA RIBBON at the weekly time frame which is proved to be...
Bitcoin has a doubble bottom which lead it up to a new attempt on breaking the falling wedge resistance and also the Asceding triangle which broke below it yesterday! But don't rush to buy or long it because we have to face HUGE RESISTANCE of the Falling Wedge and the ascending triangle and if it doesn't break above 39,3k$ we will have a HEAD AND SHOULDERS in the...
Bitcoin found a Huge resistance at 39k AS PREDICTED with a drop to the downside! But there is a BULLISH Scenario ( W FORMATION )where we might found huge support at 33-34k$ which can lead us to the 42.5k level IF we break the 37.5k ( resistance at the Falling wedge) I personally gonna trade the 33-34k level up to 42.5k if we have the chance! Trade safe and wait...
Atom price works in a wave uptrend, For 2 years this trend Line - Support defended the price with a huge pump to the Upside! Now it's the 7th attempt with a Huge possibility of a really big bounce with gains more than 100% !! A perfect BUY :21$ Stop loss : 19$ 1ST Target 30.5 (50% profit) 2nd Target 44$ (100% profit) @CryptoDrou LetsMakeMoney!!!
XTZ - TEZOS had a pretty big correction with the bitcoin crash, but now we came to a point in our support - Buy zone which up to now always defended the price and had a huge bounce to the upside! Will it happened again? It's a possible bounce trade but always keep in mind the bitcoin price action which matters a lot on our alt coins prices! CryptoDrou Always...
BTC - Bitcoin is playing between our symmetrical triangle which is most of the times a bearish pattern. Up to now bounced from the top of the triangle 2 times and we will have soon the 3rd try. Everytime that fails to break above is becoming weaker and that can cost us a retest at 33.5-34,5k $. Be patient and wait for a clear break! Is to risky to trade now...
BTC - BITCOIN had a nice rebounce to the upside from the huge drop to 33k, but unfortunately we are forming a big bearish rising wedge and if we don't see a break to the upside our price target is at 34-35k $ which is the last shoulder we need for the Inverse head and shoulder! But if we break to the upside the level to watch is 43.5k - 44.5k $ which is our major...
Rune after a long period of correction is coming to the strongest support - the base line! A nice buy at around 3-3.15$ would be perfect for the LONG RUN ! CRYPTODROU See You To The Moon
Mana had a huge correction after the ATH we had some months ago! But we almost hit the price target from the H&S we had and soon we will be ready for new bullish period! Wait for a pullback before the explode and get in before you lose the chance! But always be patient and wait for the correct price and entry! CRYPTODROU See You To The Moon !
HBAR had a really big correction like everything the past few weeks, but we did all the way down to our falling wendge which is a bullish pattern. So i believe we might see a really nice pump to the upside if we get to the target price because of the huge support of the base line! This support holded for long ! Lets hope to hold once more! Be patient and wait for...
You know i am a strong believer in bitcoin and it's Potential, but unfortunately from technical analysis we can see some stuff that we can't ignore! Bitcoin is below the Falling wedge that we broke 2 days ago. Now we trying to come back at the entry point of the falling wedge, if we go above and close the weekly and daily candle in the falling wedge our target...