As we can see on the chart, BESI has been moving within this long-term trend the past few years. It recently has touched the lower trendline again which has been acting as support for a long time. By looking at what BESI has done in the past few years and with those 2 trendlines in mind, we can expect BESI to be bullish for the next few years to come until it has...
Looking at the daily chart we can see that a broadening wedge pattern has formed which is very bullish for DYDX. If you zoom out on the weekly you can also see a triple bottom from which we've just retested the neckline. Overall I'm expecting some bullish moves from DYDX in the next coming weeks.
Looks like a double bottom on the VETBTC chart, expecting upside movement in the next few weeks.
We can see a massive bullflag on the matic/btc chart. There has already been a break-out and the retest of the upper resistance line confirms the pattern. Expecting upside moves in the next year to come.
Looking at BTC, I see a couple of bullish signs on the daily timeframe. 1. We've recently broken out of a downwards channel that lasted a few weeks. 2. It looks like we're about to break through the ichimoku cloud on the daily. 3. BTC has formed an inverted Head and Shoulders pattern. If the inverted H&S is confirmed after a solid breakout, I will be looking at...
Chart speaks for itself. Looking at the daily timeframe we can see a clear double bottom pattern. Expecting bullishness in the upcoming days/weeks.
Looking at the chart we can see quite an obvious head & shoulders pattern on the daily timeframe. If we break the neckline the technical target will be around 690. I also will be expecting a bounce in the 690 area.
Vechain has been moving within this triangle for a long time now and is almost reaching its apex. We can see that its sitting on strong support on the bottom of the triangle and is looking good for a bounce here. It also looks like a possible double bottom scenario. However if we do not hold the white line, vechain could possibly fall lower to the 5.6 cents area,...
BTC is moving in this bullish wedge/bull flag. A breakout would bring it up to 70-75k.
As I was searching for fractals/similar market structures as bitcoin is showing right now I came across this gold chart from the 1970's. Now when you take a look at this chart there are a lot of similarities. 1. You can see the first top which later on becomes the support area in both charts. 2. Then we see the market creating a top and failing to make a higher...
Looks to me like BTC has printed this huge head and shoulders pattern which you can see here on the weekly. A breakdown of this could get ugly.
If we look at the weekly chart we can see that wabi is about to break out of the weekly ichimoku cloud. If it manages to close above the cloud and stay above it we could see a nice uptrend start for wabi in the upcoming weeks.
Elastos seems to be forming a giant inverted head and shoulders pattern as we can see on the monthly chart. Very bullish on breakout.
Litecoin has just been repeating its previous cycle until now. Expecting a breakout around the beginning of 2021. I expect it will eventually hit an ATH of around $1500 minimum.
Looking at the weekly chart we can see: -Altcoin marketcap has been following this clear trendline for the past few years and its about to touch it again. -If we look at the ichimoku cloud, we can see that the past is repeating itself, we're having the first rejection from the red cloud just like in 2015. Once we break through it, it will be very bullish for...
XRP has been moving within this symmetrical triangle for the past few months. If we look at the RSI and Stoch RSI it is likely to result in an upwards breakout.
On the daily we can see a clear cup and handle pattern which will lead to more upwards movement into the 1000+ sats area.
The death cross occurs when a short-term moving average crosses over a major long-term moving average to the downside and is interpreted by analysts and traders as signaling a definitive bear turn in a market. The death cross is a technical chart pattern indicating the potential for a major selloff. The death cross appears on a chart when a stock’s short-term...