QNT is showing signs of Wave 2 completion after a retracement to the 0.786 fib level, which aligns with a successful retest of the previous resistance line. With a bullish MACD crossover, the setup points toward the potential start of Wave 3, targeting the 1.618 fib extension of Wave 1 (~$837). Staying cautious, but the technicals suggest a strong move could be on...
The price is currently at a critical zone, testing the 21 EMA and the pivot level around $58,000. If it breaks above this zone with volume, it may aim for the next resistance around $66.5k-$68k (orange R1 pivot and the top of the blue dashed channel). This confluence of resistance levels suggests that $68,000 could be a key target area where a pullback or...
Looking at the chart, we are currently at a critical juncture. The price is sitting right on a multi-year trendline, which coincides with the 21-month EMA, making it a strong support zone. Historically, this combination has often led to a bullish bounce. If you've been waiting for the ideal time to enter the market, now could be the moment, as we are at a key...
DXY Monthly Chart Analysis: - Five waves completed, Wave 5 hit the 1.618 Fib target, ending with bearish divergence—signaling confidence in the move's completion. - Price is currently above the monthly EMA21 and the blue curved trend line. - When these two supports fail (expected soon), a downturn will be confirmed. - First target: 1.0 Fib extension for Wave C,...
BTC currently at ~$62.5k, completing Wave 4 (potentially a triangle) in Elliott Wave theory. Expect some short-term consolidation. Mid to long-term outlook remains bullish with potential targets: 🔹 $87.8k 🔹 $115.5k 🔹 $151.9k 🔹 $180k Price action falling below $56k can invalidate this idea. Stay informed & plan accordingly!
DXY 1W: has broken below both the ascending support line and the EMA21, which are significant bearish signals. The MACD has shown a bearish crossover, indicating further potential downside. These factors combined suggest a bearish outlook for the U.S. Dollar Index. But we'll have to wait for a weekly close for confirmation.
XRP/BTC 1W Analysis: XRP is testing the trendline post-breakout, signalling a possible shift! RSI climbing up from the oversold area, and we're seeing a bullish MACD crossover below zero. Volume is on the rise, too, which indicates increased interest in XRP. All these signs indicate a potential bullish momentum, suggesting XRP might strengthen against Bitcoin in...
Ethereum Classic's chart analysis points to a forming Elliott Wave pattern, hinting at a bullish Wave 5 if the price exits its consolidation channel. Watch for the MACD nearing a bullish crossover—a key signal for traders. With Wave 5's target at fib 1.618 ($55) and the halving event on the horizon, we may see a significant momentum shift.
Indicators suggest CRYPTOCAP:BCH could be primed for a pullback before the next surge. After a 5-wave rally, we're touching multi-year resistance. The RSI is tipping into overbought territory, hinting at retracement potential. While weekly charts don't show bearish divergence, other timeframes do. If the retracement unfolds, I'm eyeing the $200-$150 range at the...
The Ethereum Classic (ETC) chart indicates a bullish trend with the price rebounding from the lower trendline of an ascending channel. The analysis points to an ambitious target at the channel's upper trendline, coinciding with the Fibonacci 1.618 extension level of $880.11. Despite the seemingly high target, the confluence of these technical indicators supports...
Charting the potential future of Bitcoin Cash (BCH) with a keen eye on technical analysis! A breakout above a key descending trendline on the chart hints at a bullish surge. Could we witness a staggering 5846.42% increase, possibly up to $50K? Only time will tell.
XDC charts show a price breakout above the 21 EMA, signaling strength. The weekly MACD has flipped positive, confirming the trend. This could reflect growing interest in tokenizing real world assets (RWAs) on the XinFin network. Watch this space!
Breaking through! XRP's 1W chart showcases a pivotal moment with a 6-year trendline breach. Currently hovering above the yearly pivot and with MACD turning positive, this is the chart to watch.
Breaking through! XRP's 1W chart showcases a pivotal moment with a 6-year trendline breach. Currently hovering above the yearly pivot and with MACD turning positive, this is the chart to watch.
Bitcoin is testing the all-time high resistance. Anticipating a retracement to support, forming a head & shoulders. Post-halving, I expect an 18-month bull run to a $280k target.
Bitcoin is testing the all-time high resistance. Anticipating a retracement to support, forming a head & shoulders pattern. Post-halving, I expect an 18-month bull run to a $280k target. #BitcoinHalving #CryptoAnalysis #BTCUSD