LA_Designer

LA_Designer

Left Chart: 3-day time frame, higher lows, and hidden bullish divergence on the RSI Right Chart: INVERTED SCALE shows a massive bear flag in play (this is bad for the bears) Just another perspective :-) Happy trading.

LA_Designer Updated 

LUNA is approaching two important zones of support to watch for possible entries. A bounce off of support zone #1 would need to contest that main downward trend line as resistance. If it breaks that resistance, then that would be a good sign for a reversal coming. If support zone #1 breaks down, then LUNA could head toward $40. This would likely only happen if...

LA_Designer Updated 

ETH is currently sitting at the .618 retracement level from the recent rally. I'm expecting ETH to continue down to at least the $2.4K level (.786) and likely down to retest the lower support zone at $2.1K. Watch these levels for a possible bounce.

LA_Designer

GALA has been in a downtrend for about 66 days. I have my fib measured to the ATH candle close (not the wick), and the .786 held when BTC fell to $33K. So, is this considered the start of a reversal? There are signs that are pointing in that direction: Daily RSI was heavily oversold and has broken the downtrend The main downtrend line of resistance has...

LA_Designer Updated 

As we can see in the above chart for 2021 - 2022, every time the daily RSI for Bitcoin breaks above the downtrend, it signals a reversal. There is hidden bullish divergence on the RSI between the May 19th low vs the January 22nd low. I'm not saying a reversal is in place yet. We will have to see how things play out in the coming weeks. In addition, BTC is near...

LA_Designer

FORTH reminds me a lot of ICP... they both went down tremendously since inception. $4 - $6 was an amazing buying opportunity on this token, and it just pumped over 140% from the last week. This is a clear breakout from a falling wedge that has developed around 94 days. It'll be interesting to see where FORTH will be in a few years from now. I've been following...

LA_Designer

Ethereum is currently sitting around the .786 with over a 50% drop from the ATH since November 2021. If the .786 fails to hold, the bull's will have their last stand at the MAJOR support zone around $1,700 - $1,800. Daily RSI has dropped to 22, which is the lowest we've seen in 2 years. There is a chance we could see a reversal in the coming weeks. Here are the...

LA_Designer

For a different perspective, I inverted the BTC chart to show this massive rising wedge that has been forming the last 2 months. What goes up must come down. This rising wedge will collapse within the next few weeks. This is not financial advice. These are just my ideas and opinions.

LA_Designer

After more than a 60% drop from its all-time high, GALA is tightening up in a falling wedge pattern. This pattern is bullish. Once BTC starts to show strong reversal signs to the upside, we should see a strong push on the alt coins as well. This is not financial advice. These are just my ideas and opinions.

LA_Designer

GALA has maintained an upward support line in the month of December and has also formed a triangle pattern. Major upcoming resistances are around $.55 and $.63. If BTC is bullish in January, then we should see a nice breakout for GALA in the coming weeks. This is not financial advice. These are just my ideas and opinions.

LA_Designer Updated 

GALA retraced back to the .618 since BTC dumped. This is still a higher low from the previous larger correction, so as long as it holds above the .618 fib then GALA is still bullish. This is not financial advice. These are just my ideas and opinions.

LA_Designer

Log scale on the daily chart shows a retest of the trend line as support. If it falls below, then $45.5K would be the next level of support. Otherwise, it could bounce from here. This is not financial advice. These are just my ideas and opinions.

LA_Designer

Many alts, including the Metaverse tokens, have already shown strong bullish signs. As long as Bitcoin continues this bullish reversal, I'm expecting GALA to continue a push toward previous resistance between $.58 - $.63. If GALA is able to pass this resistance in the coming weeks (January/February), then GALA will push to previous ATH at $.84. If that gets...

LA_Designer

The chart above shows how I would see the next several months playing out for BTC if the bull cycle continues. Bearish if we get a weekly close under $40K. Merry Christmas and Happy New Year! This is not financial advice. These are just my ideas and opinions.

LA_Designer Updated 

If BTC reverses to the upside with strong bullish momentum, then CRO should follow. This support zone around $.48 - $.50 has held three times, which could be an optimal accumulation area. 100%+ gains from here to previous ATH at $.98. If this breaks $1 in the next few months, CRO will fly. Bearish scenario: If CRO breaks below $.47 with a full daily close,...

LA_Designer Updated 

There are two local zones of support, both of which will highly depend on BTC's next move. If BTC dumps below $45K, then it's highly likely that GALA will reach zone #2. I think that zone #2 would be a great accumulation area before the next move up. GALA can easily reach $1 on the next bullish move to the upside, which would be more than a 2x gain from here. ...

LA_Designer Updated 

Support Zone #1 has been tapped multiple times, with wicks between $2.82 - $3.06. This is a strong accumulation area. The only way Support Zone #2 gets hit, in my opinion, is if BTC dumps hard. Once MANA breaks bullish above this descending channel, then we can expect resistance in the low $4 region. In the coming months, I expect MANA to revisit the previous...

LA_Designer

After an epic drop over 200+ days, ICP is now near the bottom of two falling wedge patterns. If that top trend line breaks within the next few months, expect some big moves. There are plenty of coins out there that have dropped 90%+ over several months and sky rocketed after a long period of consolidation. That's just how crypto works. This is not financial...