CryptoFallen

CryptoFallen

Pretty self explanatory, this descending triangle is looking to play out like November 2018, we are getting closer to the apex of the triangle. Generally Descending triangles are bearish continuation patterns. Why is the target so low, well the CME gap from 2020 is still open at around the $9k level as well... Probability... This below was also the same scenario...

CryptoFallen

If it fails to break past the resistance now at $19,500 from previous support and resistance areas, back down we go, if it does break, we will retest heavy resistance at $20k. I'm more on the bearish side given CPI data release is incoming on Wednesday or Thursday dependant on timezone.

CryptoFallen Updated 

Forming a symmetrical triangle, which generally is a continuation pattern. Hard to say as weekend volume generally isn't great. Thoughts?

CryptoFallen Updated 

What are your thoughts on this? Looks like XRP has 2 options, generally with an ascending triangle there is more possibilities of it breaking to the upside. Although short term we will retrace first.

CryptoFallen

Let's see if this is a bear flag continuation for BTC to touch the lows again? Thoughts?

CryptoFallen

Looks possible for a retrace once we break the neckline at $7.6. What's your thoughts?

CryptoFallen

ETH is rolling over the, short term bearish, will be interesting to see if there is a bounce. Thoughts?

CryptoFallen Updated 

I've seen many call this potential break of a descending triangle being bullish, I think many forget that a descending triangles are generally bearish patterns. www.investopedia.com

CryptoFallen Updated 

Bart pattern looks in play for ETH as it looks to be having trouble breaking upwards. Thoughts?

CryptoFallen

Thoughts on this one? There is heavy resistance at approx the $0.8 area

CryptoFallen

Will RSR bounce from here and go higher again? Still 7 days till network upgrade, too oversold too quick.

CryptoFallen

Many are pumping RSR based on the upgrade on the 10th of October... remember what happened to ETH... Too much bullish sentiment, going to be a contrarian here... If this is the current tops for now, down we go again, this area was once support now turned to heave resistance.

CryptoFallen Updated 

XRP looks like it is about to BART time, failing to build a higher high. Targets are as shown. Thoughts?

CryptoFallen

Will MATIC retest $0.32 which was the 2022 June lows, BTC looking to correct so...

CryptoFallen

H&S in play, broke the trendline, previous lows this year was ~$800... BTC Looks to be testing $17k area, so...

CryptoFallen Updated 

Chainlink looks to be retracing. Bear Flag continuation and H&S in play, also short term target could be at the 0.618 retrace, which is also the bottom of the start, we can overshoot as well if BTC falls past yearly lows.

CryptoFallen

Short term relief bounce for ETH, looks like a bullish divergence is in play on the LTFs, CME close is at $1330 area as well

CryptoFallen

2 Possible cases for XRP: Unlikely (25%) - Bullish case, we retest and break the 0.786 fib retrace at ~$0.5073 and head to new higher high at $0.82 Likely (75%) - Bullish case, M or double top pattern and back to ~$0.32 Thoughts?