Since my previous analysis i posted on doge, as i expected market broke the range to the upside with a very strong daily impulse, now what we can see is a minor correction and re consolidation in the form of this triangle formation - its looking like we are going to see a breakout and another leg up soon !
BTC still failing to break above daily resistance and still providing us with a nice correction since its recent bullish impulse, on lower timeframes we can see on the 1hr this big inverted head and shoulders and on the right shoulder a channel is forming... I think market has trapped alot of bulls with the big fakeout to the upside im expecting to see atleast a...
EGLD has bounced of this bottom trendline of the ascending channel, and provided us with a nice impulse breaking above the previous daily high, now what we can see is if the market will go and make a retest of the previous resistance now turned support we will have this nice daily inverted head and shoulders and we can look to long on the right shoulder only if...
CARDANO has broke above the corrective downtrend with a nice impulse to the upside, now what we can see is market is starting to show us a correction... the 0.382 fib aligns nicely with new daily support i will be waiting for a deeper correction to around this zone and the dropping to 4hr timeframe and waiting for entry rules to be met before taking a nice long.
ATOM has bounced of the bottom support of this nice bullish channel with a strong impulse to the upside, now market is providing us with a correction, we can also see a nice W formation on the daily timeframe the neckline of the pattern is aligning perfectly with the 0.50 fibonacci take on the impulse leg. Once we see a bit deeper correction i will be dropping...
WAVES since my previous analysis - market provided us with this beautiful impulse to the upside, a move we capitalised on and broke above daily resistance. Now what we can see is market is making a nice correction and looking as though we are going to see a retest of previous daily resistance now turned support before the continuation to the upside, i will be...
So since my recent breakdown on BTC everything played out perfectly we had one more fakeout to the downside and a seller induction(bear trap) followed by a nice pump back above the first level of daily resistance a nice move we capitalised on. Now what we can see is market is currently rejecting the next level of daily resistance and since the recent bullish...
RAMP is a great project ! Has some big investors and partners, from a technical perspective price is now very low with the recent dip great price to buy in at for a longterm hold ! We can see on the 4hr timeframe a recent break above the downtrend and a new higher high higher low is forming - which is giving us this nice inverted head and shoulders formation.
BNBUSD has made a beautiful bullish impulse to the upside - a move we capitalised on, now i expect to see a nice daily correction and market to go and test the 0.50 fibonacci which is also aligning nicely with the neckline of this big W formation, then i will be entering a new long and looking to capitalise on the continuation to the upside.
LINK since breaking above this resistance has made a nice correction and is currently retesting this zone as new daily support, if this zone holds and we will see a strong push.
We took this beautiful long and price printed a fresh ATH yesterday... took partial profits, rest of my position still running. Now what we can see is on the daily timeframe market has made a strong bullish impulse to the upside and broke above the previous daily high. After such a impulse we expect to see a correction, specifically we expect to see a correction...
DOGEUSDT since making its recent correction, has began forming higher lows on the 4hr timeframe into a strong area of daily resistance, forming this nice ascending triangle formation... ofcourse this coin is highly speculative but i will be bullish if we see a 4hr close back above this zone. For now im on the sidelines waiting to see which way the market will break.
DOT is looking bullish since its recent correction price has found support at this previous daily resistance, we can see a nice triple bottom formed one the 4hr timeframe with a break above the neckline forming new 4hr bullish structure so a new higher high, higher low formation. Price looks ready for more upside growth.
EGLD is looking bullish, we have just bounced of the bottom trendline support in this ascending channel with a massive bullish engulfing now im just waiting for a 4hr close above the key area of resistance then i will look to long on the retest of this zone
BTC failed to get back above the key structure and closed the daily yesterday red, today its likely we fall and fill in the wick of the daily candle, still waiting for a valid entry and more confirmations before i can long, but we are for sure approaching the bottom
DOT has bounced of this horizontal support nicely... bullish market structure still well intact on the daily timeframe, on the 4hr timeframe i am waiting to see a break back above the previous swing low and a new higher high to form then we can enter a long on the retest of the zone - which then the market would have formed a very nice inverted head and shoulders...
BITCOIN followed my previous analysis perfectly and filled in the wick on the weekly timeframe, now what we can see is a bounce.... this could just be a lower high forming before we make a deeper correction BUT if we close back above this resistance and flip it once again support we will have the possibility of forming this nice inverted head and shoulders...
WAVES has dipped along with the rest of the market but has bounced very nicely of this ascending trendline, i am now waiting for a 4hr break back above this zone before possibly longing. Like my analysis? join our free telegram group for more, link in the bio. Comment below what you would like me to analysis next..