HenrikDaCrypto

HenrikDaCrypto

The fed had raised the interest for the us market by 0.5 percent, which is a very large amount, although it was expected very high it had a huge impact on the market, Gold fell because investors want to have minimal risk and sell their Gold to invest their money in interest. Gold slowly started distancing from the 2k mark in April and formed a big falling wedge,...

HenrikDaCrypto Updated 

BTC formed a bearish descending wedge, which broke down, we already retested the support, and didnt got it. The target is at around 26.5k. This would mean that BTC would probably close under 30k next monday, so BTC would probably go into a big bear market and retest 18-20k. The volume is also going up so we get this short trade confirmed. good luck and a nice weekend!

HenrikDaCrypto Updated 

Bitcoin is currently fighting with the 30k level, if we see a 30k BTC this monday, I would be very bullish. We need a weekly close above 30k, now the bulls and the bears are fighting each other close around 30k. We right now see a reverse pattern forming, its an inverse head and shoulders pattern. This is a very bullish pattern and we are right now seeing BTC...

HenrikDaCrypto Updated 

Hello guys! Few days ago I opened a long position because of the inverse head and shoulders. I really wanted to close it but then I bought some more and now I got a good dca and im in profit! In this post I wanna show you the next big pattern, that is currently playing out! As you can see, we formed a falling wedge, which is very bullish. We got a big juicy...

HenrikDaCrypto

Ethereum has formed a head and shoulders and already broke down from it, the target is 1k!

HenrikDaCrypto

BTC had risen to 20k in the last bullmarket, this bullmarket is definitely different, with institutons and a lot of retail investors and big events like covid or the war, but the power has come to an end. BTC tried to get up again after the first test of 60k, but dropped again, a double top. After this we formed a sideways wedge and now we exited it, to the...

HenrikDaCrypto

The correcture we saw in the last weeks, has continued. Many people thought we reached the bottom (based on trading volume and big wales buying), but the correcture is continuing. The inflation is making pressure on BTC, which is only fear, because BTC is deflationary. For the longterm I think, investors will buy again and understand that BTC is a good save...

HenrikDaCrypto

The Bitcoin boi is back guys! Recently we saw a slow correction, many ppl say its the end of the bullrun, but I think with high inflation going on and more countries accepting Bitcoin, we could see a break above 50k. This falling wedge could help BTC reach the zone shortly below 50k again and try to break it. If we break it a run to 65k would happen in my...

HenrikDaCrypto

Palladium gained 40 percent this week! A high amount of Palladium comes from russia, that means the amount that can be sold is falling dramatically, good for the price! Palladium formed a crazy parabolic curve and even broke above main resistance! Palladium needs a healthy correcture! I think a retest of 3k will happen in the next few days, the volatility is very...

HenrikDaCrypto

GAS confrimed a nice 4h breakout with high targets. The price is aiming for the 5.50 dollar mark. The war is getting more dangerous and the European President Christine Lagarde is seeking for a import ban of GAS out of Russia. Take profit: 5.50 stop loss: 4.90 As always, this is no financial advice! Do your own research. Have a nice Monday!

HenrikDaCrypto

Gold broke through long term resistance, because of ukraine conflict. Gold is forming a rising wedge, with a target of 2.4k, Gold is often known as a save haven in crisis. The volatility index also had a breakout, which underlines the market fear. Gold will climb above 2k very soon, there is not much resistance above right now. Stop loss to 1940 dollars because of...

HenrikDaCrypto

Bitcoin formed a new bullish pattern after forming a small double top. At around 45k, BTC formed a double top which reversed the trend, but the 42k level hold us and we formed a nice pattern. It has a high probability of breaking upwards. Target is around 50k, which would bring Bitcoin back in an uptrend. This is, as always, no financial advice.

HenrikDaCrypto

BTC formed a big wedge over a long period of time and we now seem to break down. We got a big retest which is a clear breakdown. The target of this wedge is at 32k. The wedge is basically bullish because it has a flat resistance. We also formed a double top which is a very bad sign for Bitcoin. Especially cryptos react very hard to double tops. All in all I would...

HenrikDaCrypto

BTC dipped all the way down to 42k, and bounced back up, which is very strong because it confims the strong support at this level once again. But we maybe could see a break below this level, but this would be the very bearish scenario. I think there are 3 scenarios. The first is we right now go back up and continue the bullrun. The second scenario is that we go...

HenrikDaCrypto

Bitdao got a bigger correction with a downtrend channel. We got held down from the resistance many times, but we made it above resistance! We already got a nice confirmation, so the old resistance turns into support. This pattern doesnt have a specific target but getting above ATHs has a high possibility. Hope you learned something!

HenrikDaCrypto

DODOUSDT forms a clean wedge with a high breakout target! The target is more than 100 percent and its around 3 dollars! DODO is a nice platform, I like to use myself. If Bitcoin gets some momentum, I could imagine seeing DODO going to 5 bucks or more! hope you learned something about the markets!

HenrikDaCrypto

So like I said we got a correction at CRO. I know many of the comments werent positive about my statement, but I wanted to say that im generally bullish on this project which provides a good exchange, but right now it needs a correction. The correction will go to the golden pocket (0.60 dollars) in my opinion. So then you can buy again and you would have avoided a...

HenrikDaCrypto

How I told you already at SHIBA before the correction, if we got a parabolic cure we will most probably fall out of it at the sharpest uptrend point. This point is exactly right now at CRO. It needs a correction! Around 60 cents you can buy again (because there is the golden pocket 0.618 fib level), and then we could see 2 or 3 dollars. Hope you understood the...