CRYPTOCAP:BTC.D is showing a pattern eerily similar to what we saw in 2021. Here’s how it played out back in 2021: Stage 1: After the 2017 alt season, we saw a W-bottom pattern form. Stage 2: An uptrend emerged after breaking through the neckline of that W-bottom. Stage 3: The real altcoin season kicked off as #BTC.D broke the uptrend line, and the market went...
BINANCE:BTCUSDT has been quite volatile lately since Dec., as it's moving within a broadening triangle pattern. This pattern is characterized by its expanding price range, meaning the price swings get larger and more dramatic over time. Right now, Bitcoin has the potential to climb above $120K, but BTC could also drop sharply to $90,900. That’s a massive $30K...
CRYPTOCAP:PEPE Script: A potential deep dive might be on the horizon before the next pump. Right now, it’s forming a structure that looks a lot like the pattern we saw from March to May, which I’ve marked as points 1 to 7. Both of these structures showed up after breaking out from the near-end of a symmetrical triangle. Currently, we’re sitting at point...
CRYPTOCAP:ETH seems to be repeating an old pattern—I’ve marked it with an arrow. I first noticed this about 10 days ago, and as time goes on, it’s looking more and more like the left shoulder of a classic head-and-shoulders bottom. Interestingly, the #MACD is perfectly mirroring the same movement too. If #ETH is indeed forming the right shoulder, we could see...
XRP's last true bull market was in 2017, and the current cycle seems quite similar. Both started with several years of triangular consolidation before breaking out. During the previous cycle, XRP retraced to Fib 0.786 after hitting Fib 1. This time, it’s showing a slight pullback after reaching Fib 1 as well. Every coin has multiple potential scenarios, and...