A few days ago I told you that this kind of wedge has a high breakdown probability. As im writing this right now Bitcoin broke down of the rising wedge. Target is 30k, but i dont think that we go all the way down to 30k, might only 33-37k. Hope you see this before its to late, yours Henrik
ETH is right now struggling with the resistance, but I think if we break and retest this, we will go to 5k very quick. Im very bullish on ETH right now for the short term we may see a massive pump as signal that we broke this resistance and then retest this support/resistance, when BTC is dropping. Good luck in trading, yours Henrik.
So now that we got exactly as predicted, rejected at this resistance, im going to reopen my short position with the double amount of money. I already made 235 percent before I closed. regards, Henrik
Bitcoin broke out of the falling wedge with a target of 47500 dollars. I expect Bitcoin goes to 47300 and then gets rejected at the resistance line to head to the target of the bigger rising wedge at 33-37k.
BCH is the smaller brother of BTC, and also very bullish on the long term. Here we can see that BCH si following a big broadening wedge. bye.
This outbreak has a traget of 35k if the bears close under it on 4h im turning bearish. bye.
This double bottom has a target of 2.9k and we already broke above the neckline. At 2.9k is a very important horizontal resistane line. When we get above the resistance ETH should see new ATHs soon. We also broke way above the Ema ribbons and also retested them sucessfull. Fib retracement indicates 3337 to 3804 dollars. When you want a analysis to any currency or...
Soon the Alonzo update is arriving at ADA, and its heating up very quickly right now. Alonzo is going to bring smart contracts to ADA, which will bring ADA to a whole new level. we saw a big 50 percent pump in the last days. Right now ADA is doing a pit stop at 2.15 to retest the very important resistance and support. So far we are most likely getting a green ...
Vet is up 37% this week! Now i will show you what is Vet going to do in the future. We have a resistance at .14,3 and at .16,7 If we get sbover this two resistances the way for new highs is clear. We might consolidate a bit at the .22 to .24 mark. I expect Vet at the end of the year between .43 and .54 hope I could help you to make ncie gains, yours Henrik
BTC is right now at a do or die moment if we close above this major support and resistance we can easily reach new ATHs, but if we close below the probability of a breakout to the downside of this bearish pattern is very high. The target of a downbreak would be the bottom of the wedge (30k) and the target of a breakout would be around 69k. hope i helped you with...
cashing bois! We reached a new ATH and also our target of the wedge. I would buy more Solana at 50 dollars (when it retests the support line Enjoy your profits! yours Henrik
Solana confirmed pumping like I thought LOL. Target is 100 percent. bye.
Pundix is forming a rising wedge, which has a high probability to break down. The target would be 90 cents. We are also testing the resistance and support of 1.75 dollars. One bad thing is supporting the rising wedge, Pundix is forming a gravestone doji, which indicates downside. Hope I could help you, yours Henrik.
Eth confirmed the outbreak of the wedge and the target is exactly at 3700 dollars, and exactly at the resistance that stops ETH from new ATHs. I still expect ethereum to go to at least 7k at the end of 2021. Hope I could improve your trading, yours Henrik.
This rising wedge is very bearish. It indicates a to sharp uptrend. If we break down the target is around 38k. I think with enough bull power we can break above and do some consolidation. It is only on the 4h chart. On other timeframes i am very bullish.
We reached my expected double bottom target and if we now can leave this resistance behind 5k is our next psychological resistance. Who longed with me since my call just would have made 60 percent (with a 5x leverage). So leave a follow to never miss my updates.
Quant is a very good project with good fundamentals. Quant is pumping quite nicely and heading higher, but i think some correction is incoming. I think a healthy 60 percent correction is incoming because of the pattern. But after some correction i would buy some Quant. We also formed a double top which indicates a healthy drop to the area of 100 to 80 dollars.
This might indicate that we got rejected, but we are staying inside the box so maybe we are going with support to close above 42k next week.