MR_ElComo

MR_ElComo

This is the possible path BTC could follow in the new few months. Regarded to my previous analysis which i anticipated bitcoin to rise up to 39K and then back to 15K. This analysis would be invalid if the price goes above 40K.

MR_ElComo

By the first look, you might be thinking of the btc's chart to be forming the BLACK SCENARIO. But in my opinion, what is gonna most probably happen would be the RED SCENARIO. which means btc could rise up to 39,000$ and afterwards, another drop will come to the scene down to 18,000$. Yes. Definitely i might be wrong and my analysis would be invalid in case the...

MR_ElComo

If you check out the monthly TF and the "50 months MA", you see that 21600 is the MA's number at the moment. besides,if u take a look at the weekly TF and the "200weeks MA", you see that app. 23000$ is the MA's number. Then we come back to Daily TF, and see meaningful reactions of the price to this range( 21600 to 23000 )----> this area is shown on the chart. On...

MR_ElComo

Hi friends. I'm here with my new analysis for bitcoin. To have a comprehensive look at the chart and determine what could happen for bitcoin,i prefer to use the monthly TF. As u can see on the chart from the very beginning, the momentum of each uptrend has DECREASED compared to the previous ones (The GREEN arrows) On the other hand, each Retracement has gone...

MR_ElComo

Look at the chart. In the previous market cycle,during all situations-even when #btc dropped to 3K, Matic maintained itself in a specific ranged area. Which took 88 weeks and finally broke out the range area upside with a massive gain. Now again,it seems to be in the same cycle and i guess it would be the bottom of Matic which can worth at least one step of...

MR_ElComo

Well,price broke the triangle up. But what do you think about this harmonic pattern and the 48k resistance? I see it as a "reversal point" and as said before, I'm bearish down to 20k, unless price goes above 53K. Currently I have invested about 30% of my money and the rest will be at around 20K or above 53K.

MR_ElComo

Everything's obvious on the chart... As long as BTC's under 53k, i stay bearish down to 20K.

MR_ElComo

In my opinion, BTC will move down to app. 20,000$ soon or late. and i have reasons for what i say: 1- "MA 120" has crossed down "MA 375" in daily time frame. In the history of btc,every time this event's happened, bit has experienced a sharp move downside, no exceptions! you can check it out. Why MA 120 and MA 375? Every chart has it's own specific MA period of...

MR_ElComo

As seen on the chart, a long-term trend line(the green line) is on the way and also the 1.5$ support. Therefore ada's gonna seem absorbing to me at 1.5$ for the first purchase and on the green trend line(just in case) for my second step. My first target will be around 1.85$. This analysis is invalid in case the 1.5$ support and the trend line are lost.

MR_ElComo

ICP is on a very strong support both on the chart(38 to 41$) and the RSI. and a falling wedge on 4h TF. Moreover, ICPBTC is now on the all time low, Guess it's the time for it to show some good moves. The targets will be 52,70,86 dollars.

MR_ElComo

Look easy. Sol's rsi over 95 in monthly TF. Too much risk to buy. My expectation: It's gonna retrace down to 135$ for the first and 100$ as the second target. Soon or late. That's where i'm gonna buy

MR_ElComo

Luna seems a flag to me in weekly time frame which could have super high targets in long term. Currently the price reached the 0.236 level of flag target and started a retrace. Would be happy to hear your kind comments