Bitcoin recently fell out of the rising wedge pattern and has found support at $20,785. This is an important support as it's keeping the trend intact, we have now tested $20,785 multiple times. The resistance above stands at $22,538., a move above this level and back test as support could indicate higher price action .
Bitcoin just broke-out of a rising wedge pattern on the 4H chart. This move will most likely send us down to the $21,146 green dashed line. The solid green line is the assets major support line going back to the 2017 high and has had a lot of confluence since then. In my eyes this is the last stand for Bitcoin here, a move below 20k will turn me into quite a bear....
The dog has been caged for too long. The ascending triangle pattern we find our-self in is a great indicator for a trend reversal. Yesterdays candle is what is enticing me to double down here. I am personally using a tight stop for this trade and going for the 1st take profit . Then, opening a trade with the loose stop and lower entry if I get stopped out. ...
HBAR is inside a channel and besides the hidden bearish divergence looks like it could breakout. I don't see any edge to go long here, but I will be keeping an eye on Hedera because the weekly chart looks great here.
Shiba has broken out and is loose on the run. If you hurry you may be able to get ahead of it and corner it down the road at $0.00001300 or farther out at $0.00001360.
I will never understand the TA haters out there. I mean you can not make this stuff up... look where we came back to and have since found support. Now we find our self flirting with 1 Trillion again, a huge physiological line in the sand. Next stop to build support above is 1.12T and this market could change real quick. I just love TA because it's live, it...
QNT & Matic are definitely standing out in the market right now. Quant is inside of an ascending triangle and should break out within a few 4H candles. My first target is $110 and the next at $130. RSI is matching the price action and MACD looks ready to run.
Although, this is not a perfect cup & handle I'd say it's pretty darn close. The last bullish engulfing candle confirmed it for me. What is important here is to get a move above $0.75 that would start to change the trend & Matic certainly has a lot of upside potential from there.
Bitcoin finds itself flirting with 20K inside of a rising wedge on both price action and the RSI. Today's candle close will provide us with confirmation. Although, it looks as though the bearish pattern will play out accordingly.
I will never understand the hype of this coin, must be too old or something. Honestly, it's probably just the crypto vanity that it provides. Regardless, SHIB is a real fun asset to trade. How can you go wrong with the amount of volatility SHIB has with these strong rally's. We see SHIB about to break out of a bullish pennant with hidden bullish divergence. The...
Bitcoin has gave us some more data over the past few days and it's looking very bullish. You can see a inverted head and shoulder pattern that has broken out with a measured move that will break above the diagonal trend line from the last correction if it fully plays out. The current candle has a good amount of volume to add more confirmation to the breakout. ...
Here we are under 1 Trillion once again. I feel like we will most likely trade sideways for a while in-between 752B & 1.12T until we see a good pattern form. The crazy part is how perfectly TA plays out with a kiss back to the 2017 high of 752B. This would without a doubt be a great place to pivot. Although, I personally need more data to go long here. Take a...
I have been charting this as an ascending triangle for a while now and holding a bullish stance through most of the pattern. We have officially had a break of the support on this pattern which is a very bearish situation. My current stance is that TOTAL will be testing support at 1.2T before we know it and could come down towards 0.8T if that doesn't hold. Either...
I'm excited! Got my hook, line and sinker in the water. Bitcoin is flirting with the edge of a cliff, if this asset can't hold here some real bearish moves are in the cards. Honestly, I hope it crashes hard. I personally don't think Bitcoin will be able to stay at these low levels for long. Currently, Bitcoin has a $600 Billion market cap which is pretty...
Bitcoin may be in for a bit of a relief rally. Not to say that the correction is over, this is only the 4H time frame. Bitcoin is currently sitting inside of a falling channel with bullish divergence. The last move up has been weak and only has got us to the middle of the channel. Although, this 4H candle could bring us towards the top of the channel and set us...
I don't know about you but these market conditions are getting old. I just want this brutal crash to happen already! Don't get me wrong ,we can certainly pivot here on support but I don't see that very probable. I think the market makers have much lower prices in their sights and will bring ETH to around $1,000 & Bitcoin to $20,000. A move like that would really...
This project makes me laugh. My plan here is to sweep the SHIB off the floor between $0.0000065 & $0.0000087. There's blood in the streets, it's up to my ankles Blood in the streets, it's up to my knee (Peace Frog)
Here you can see Bitcoin breaking out of a falling wedge on the weekly time frame. Currently, testing horizontal resistance but once broken there is a clear shot to 52%. Looking back the alts have had plenty of time in the sun and it's Bitcoins turn to take center stage as investors and traders flee to safety. Bitcoin may be falling but by staying in the alts...