ETH has hit my first two targets and completed the M pattern at the neckline as projected in my previous analysis, now what we can see is on the 4hr timeframe a new higher low looks to be forming which will then give us the right shoulder of this big inverted head and shoulders, a great entry point to long if your not already in the trade.
XMR is looking bullish, since breaking below the ascending trendline and hunting the stop orders below the support, yesterdays daily candle was a strong bullish engulfing candle which has closed back above resistance. What we can see on the 4hr since closing back above market has come back down to form a new higher low and retested the zone as once again new...
BNB since my previous analysis, market never satisfied my entry rules so fortunately we never took the long, great example why following your trading plan is extremely important. Now what we can see is market broke below the support of this descending triangle pattern hunting all the stop orders placed below this zone and inducing sellers into the market.... now...
DODOSDT broke below the support of this nice channel on the 4hr timeframe hunting all the stop orders placed below this zone and collecting the liquidity. Now im waiting to see market break back above the resistance and flip it once again support, then we can be looking for a nice long.
ETH massive M formation on the daily timeframe, after a M we expect market to complete the pattern at the neckline giving us our first upside target, we are waiting on lower timeframes for market to meet our entry rules and provide us a valid entry before we can take this long.
HBAR is in this nice falling wedge formation market has now formed a double bottom at the trendline support with a nice bullish engulfing on the 4hr, now what im waiting to see is a new higher high so a break above the neckline of the double bottom before looking to enter long.
SAND is consolidating in this beautiful symmetrical triangle pattern which is a bullish continuation pattern... rejecting the bottom trendline support nicely, what im waiting to see is a break above the midline resistance so a new higher high on the 4hr then possibly look to enter to catch the breakout, ONLY if all my entry rules are met.
QTUM is another one of the coins i have been holding for a while from a investment perspective and again in very nice profits. From a trading perspective market is in a strong uptrend and recently broke above the previous daily high.... market is now making a retracement to retest previous resistance as new support, im expecting rejection and a nice bounce, if our...
ONT is one of the coins i have been holding for a while now from an investment perspective and in very nice profits. From a trading perspective market is in a nice strong uptrend and is currently testing and rejecting this ascending trendline... what im now waiting to see is a break above the midline horizontal resistance (dotted line) in that case then we will...
1INCH is consolidating in this bull flag we have now reached the bottom support trendline i am waiting for another test of this zone possible doube bottom forming then break of counter trendline - targets of $5+
This is the probable scenario for BTC IF the falling wedge trendline support holds.
BITCOIN after my analysis last night btc hit the M neckline as projecteded then it hit 52k as projected in my most recent update. Now so if you look back in time something that has happened very often is.... after every all time high was hit market then formed a big falling wedge, and bounced of the lower trendline starting the next parabolic move to ATH. This...
BITCOIN UPDATE Market failed to break above daily resistance after completing the M formation at the neckline which we spoke about a number of times, now on the daily timeframe market is still below daily resistance and has this bearish impulse which is now being followed by a correction. we could easily see another rejection tomorrow of the daily resistance...
GOLD is looking bearish on all time frames, on the daily we have just rejected the M pattern and now pushing down nicely... on the 4hr and 1hr market is in this descending triangle formation and has now formed a nice double top inside the pattern... expecting this support to be broken soon.
NAVCOIN has recently broke out of monthly range (a move we capitalised on we have been long on this coin since 0.26) and has now made a nice correction... if we regain this structure zone as support we will see another massive pump.
ALGO we are bullish market has rejected this ascending trendline on the 4hr timeframe and formed a nice double bottom... im expecting a new higher high to form and eventually a breakout from this massive ascending triangle formation.
ADA we have now formed a big double bottom on the 4hr and with recent btc pump im now waiting for alts to follow.... if we regain a new higher high back above this key structure level we will look to enter a long on the retest.
BNB on the 4hr timeframe has reached strong support zone (demand) for this market, also on the 4hr price has now formed a nice double bottom at support. I am waiting for a break above the corrective descending trendline before looking for a valid entry to long.