BTC is currently approaching a strong resistance area in the weekly timeframe that could potentially decide where it will go in the next couple of months. Although we know that the bull market is just around the corner, the right question to ask now is "When will it start?". For me, it is still for the market to decide. But historically speaking, back in Feb 2020,...
I'm very bullish here. In my 7 years of trading experience, I've seen the same pattern as LRC many times, and this could be another time to enter and wait. Thank me later.
Halving Correction Rate Downtrend days Distance from Halving Start of Recovery 1st Halving -42% 70 days 105 days before 35 days before 2nd Halving -40% 49 days 28 days before 21 days after 49 days after 3rd Halving -63% 28 days 91 days before 63 Days...
CRYPTOCAP:BTC 's highly anticipated Bitcoin Halving might create the same pattern during the 2nd halving. Meaning, we might expect an exhaustion from it's current price of 42k down to 37k area or can even go lower to 31k area to touch the previous resistance area. This pattern was the same pattern after the 2nd halving where BTC exhausted around -38% from it's...
A hard close above 0.17 in the weekly timeframe could confirm a huge incoming uptrend. At the moment, it is continuously creating higher lows that signifies strength by the bulls. Watch out for OGN!
Weekly and Monthly chart looks very promising with a potential upside up to more or less $300. Double bottom with a cup and handle pattern in the weekly chart is a huge indicator that NEO is ready to make a huge move in the coming days. 300 is high likely the target if crypto bull market get's intact in the coming weeks/months. The best time to enter and wait for...
There's a high probability that TRB is bound to create another high after continuous creation of higher lows in the 4 hr timeframe and showing possible downtrend reversal in the Daily timeframe. Both MACD and Stochastic RSI indicators says that the pullback might be over and reversal may come soon. We're just waiting for that trigger long green candle to make this...
Based on the fractals of BLZ with the same pattern, a confirmation in the daily timeframe has already took place yesterday. We can expect to see a pullback up to the previous resistance area which is around .21.
Weekly Stochastic and MACD have already made its initial trigger signal supported with a daily candle breakout in the outside upper Bollinger Band . There's a high chance this thing breaks out anytime in October. Otherwise, downtrend shall continue. Caveat!
The recent decline in BTC could potentially be seen as a part of a healthy market cycle, considering the patterns observed in previous bull runs. Looking at fractal analysis from the 2021 bull run, it is possible that BTC is currently in a distribution phase and may experience a further decline to around 21k if it fails to recover from the current downtrend after...
The consolidation phase of the market as of this writing simply shows that the market is just waiting for a trigger for NASDAQ:ASTR to blow up as a reaction in the upcoming announcement by Astar Network on the 13th of September. "SUPERNOVA" they it, might make the difference. We don't know the details yet, but one thing is for sure- they won't hype it if its...
Weekly chart shows downtrend continuation which will most likely hit the 13K area or even. Historical data currently shows that wave 5's bottom has not been in yet and this could come in the next few weeks. Both Stochastic RSI and Parabolic SAR tells us that the trend is still going down, but once the bottom is in, the market may create a short term uptrend then...
Weekly Timeframe is already oversold with the stochastic RSI stagnantly hovering below the lower limit for quite some time. Based on historical data, the duration and price level of downside move has already been achieved to end the 2nd wave of the bearish trend, which means a pullback is necessary to maintain a healthy trend. Anywhere 21k area could already be a...
For the months of February until March, there is a very obvious pattern being created once weakness in trend goes into play. The moving average 200 is below the hill top pattern which is followed by a huge drop once the MA200 is broken. Today, this pattern is back in play, with the MA200 waiting under. Anytime now, a huge downside may happen. This is related to my...
BTC has been trying to break the hard resistance area which is 45k. With the recent rejection of 42.5k area, the market has shown not so bullish sentiment on BTC. Bears are highly optimistic of the current trend and may ride along when another lower high is created. Another heavy selling pressure after hitting a lower high would confirm downtrend continuation...
Weeks before origin release, SLP is still in a bearish trend breaking the descending triangle pattern heading towards 0.0128 support area. Towards the end of March, the trend may suddenly reverse with the optimism that Origin features and upcoming Land release will help the burning mechanism of Smooth Love Potion. Caveat!