PatrickHob

PatrickHob Updated 

I advise you to watch my video that I posted earlier today. If you're not convinced that it was a bull trap the last long green candle we had, than you must watch my warning video and save yourselves some money. Good luck and thank you.

10:44

PatrickHob Updated 

Bitcoin is reaching the point where we are going to have the biggest bull trap ahead around the 50k Zone. Watch this video, the explanation is there. Thank you and good luck.

03:30

PatrickHob

Because Bitcoin in my opinion in Bearish momentum right now, Algo might follow the trend of Bitcoin. Good luck. Thanks

PatrickHob Updated 

ALGO IS SO BULLISH, it's forming not one falling wedge but two wedges (technically bullish patterns) 😀...No matter how you look at it it's bullish, with expectations to reach $2.80 min or $3.00 after the breakouts upwards. Algorand has been on an uptrend lately and topped charts as the best performer coin multiple times. With the price climbing to heights not seen...

PatrickHob

Bitcoin was able to bypass the 48k zone, now for the short term on the hourly chart, I expect a pullback to 47k zone again to build a momentum and step towards the 50k zone. I'm very cautious about BTC now until we knock off the 54k 🚀. We are not out of dangers yet as BTC could still dump heavily between here and there. Thank you ! A like will be nice..😃

PatrickHob Updated 

Algo is very bullish now with possible breakout to $2.20. Algo is forming a huge rising wedge witch could take it to $2.80-$3.00

PatrickHob Updated 

The 44k holds quite nicely today, it get pierced a bit but a rebounded very well back to the support line. Next few days, I expect Bitcoin to go sideways within the falling wedge (Bullish pattern) until the breakouts towards a new ATH if Bitcoin succeed to knock off the 53k zone. Also we have a bullish divergence on the 4hrs chart that support the idea of Bitcoin...

PatrickHob

Imminent to $2.55...ADA was consolidating for a few days. A breakout from that small Wedge is more likely to initiate a bullish momentum again towards the $3.00 zone

PatrickHob Updated 

Briefly, Bitcoin is heading to 40k support level. Good luck!

PatrickHob Updated 

BITCOIN retest the top of the HMA indicator on the weekly chart (setting at 104) as expected after we enter the bear market in May 2021 when Bitcoin went below the indicator line. We had the same scenario happened 3 times before, (Red circle on the chart) May 2014, April 2018 and March 2020. It's happening now again, Bitcoin price touch the top of 50k (red circle...

PatrickHob Updated 

I'm still not convinced that Bitcoin out of the bear trend until we reach the level above 42K. It also appears to me that bitcoin is following exactly the distribution of Wyckoff chart. miro.medium.com When we compare the bitcoin price action with the chart, obviously we are in final part of phase D of the distribution. Means after the BTC formed and confirmed 2...

PatrickHob Updated 

Today Bitcoin formed a falling wedge in BLACK dots that could change the game for a short period of time and give a higher high of 42k-44K but I don't expect that to last as I expect the falling of BTC to continue once we get there. For while BTC was accumulating within the descending triangle in RED, however there is still possibility that this triangle still...

PatrickHob

The correction or monthly consolidation is not over yet. However is well oversold now from the daily and down, a bounce to 43k and possibly to 48k before the continuations towards the 20k. Please Trade at your own risk

PatrickHob Updated 

Just to know that BTC is on the way now to retest the zone of 30k. Trade at your own risk.

PatrickHob

BTC is going through a falling wedge witch will give us a break to collect our breath and bounce could happen between 40k and 39k. The resistance area that should test $45.5k , $48,8k and $51.7k In order for the bulls to take control of the trend, these resistance has to knock off. Will it happen? the chances are slim in my opinion but who knows. If BTC fail to...

PatrickHob Updated 

Digibyte get setback and delay lately from continuing upwards after the Bitcoin had the recent correction of 20% down. Digibyte has the potential of growing up 100% up to 0.19- 0.20 in the near short term. As we see we have Digibyte fall from the 0.15 area to 0.10 now touching the major support line of 0.097 but did not cross it. Also we have the trend is going...

PatrickHob

The BTC has formed a head and shoulders pattern, which will complete on a breakdown and close below the neckline. If that happens, the pair could drop toward the pattern target at $28,800, which is just above the 50-week simple moving average ($27,335). This negative view will invalidate if the bulls drive the price above the $60,000 Trade at your own risk.

PatrickHob Updated 

Digibyte is expecting to go sideways between 0.14 and 0.148 until it get squeezed by the end of the descending triangle within the rising wedge with an upside of 25% to reach the 0.19 Trade at your own risk.