Saadmeem

Saadmeem

The long-term upward trend line has been able to prevent the Tao from falling further. In addition, the bottom of the downward channel is its other support. If this level is maintained (~$200), it has a chance to pump to $355, and if this important support breaks, it will fall to at least $113 , and there, we shall look for reversal patterns.

Saadmeem

ETH has lost a very critical level ($2k). Now it is on an important support, and we may see a pullback to $2k, and if we can't back it, we will see $1.2k in next months. The bull run may start from there with a 5-wave trend, which may take around a year!

Saadmeem

Broccoli is in an ABC downtrend wave. We are about to complete the C wave. This will be 5 wave, and the last leg remains. It could be around $0.2. If the fourth leg extended, it could rise to $0.44, and then maybe fall to $0.2

Saadmeem

Sui is completing a five-wave movement. It is currently completing wave 4 and it is very essential that it does not lose ~$2.2-$2.0. If it does not lose this level it has the potential to pump to about ~$7. Otherwise it will correct to at least ~$1.6.

Saadmeem

A strong rejection from $0.074 and a re-test of $0.060! If it could pump toward $0.074 once more and break it with a strong bullish candle, $0.109 will be reachable. Since it is fluctuating almost on the price that was launched at most exchanges, it's unlikely to be deeply corrected from here.

Saadmeem Updated 

Vine is fluctuating almost on the price that was launched at most exchanges, and it's almost far-fetched to lose $0.03 area. It can easily attack uptrend line, and if it breaks it up, it will be skyrocketed.

Saadmeem

The $200 level has been a classic support so far, and since January 2024, it has always been the Tao's launchpad. If this level is maintained, we can have a corrective wave towards $350, and if the descending channel is broken, $450 will be accessible. If the $200 level is lost, the first target will be $145, and we will see a 50% fall!

Saadmeem

It bounced up to the 0.382–0.5 Fibonacci level of the previous dump wave (around $0.7). If the same movement gets repeated now, it should bounce up to the 0.382–0.5 Fibonacci level of the current dump wave (around $0.5).

Saadmeem

This is the most crucial level of ETH support. If this trend line is maintained, there is a chance to pump to EUROTLX:4K in the Medium term, otherwise there is no way but to touch the $1.5k~$1.6k range!

Saadmeem

After a week of noisy publicity about the Crypto Summit, what happened? NOTHING! Unfortunately, everything that seems attractive and productive is corrupted by institutions in the world. It's the turn of the US government and Bitcoin now! Bitcoin will continue its technical path and have to touch $75k to start a bull run if it is not institutional interference.

Saadmeem

This requires a new energy to attack the high levels. Perhaps this energy is obtained by touching downtrend of falling wedge (around 0.22)

Saadmeem

In the daily timeframe, it’s forming a head and shoulder pattern and it’s expected to touch $80 soon.

Saadmeem Updated 

BTC looks too weak in recent days. So it is very unlikely that BTC can break the resistances and move towards 30k. What is likely is that by mid-October Bitcoin will oscillate between 24k and 26.5k. It’s expected to make a new short time low around 24k in the coming week.

Saadmeem Updated 

The market is so weak and just like other coins, BCH is struggling with the supporting trend line which is recently broken and of course, with the descending trend line which seems very strong. I think the pullback is completed now and it’s ready to touch 180$ ~ 170$ area. If the market goes up, BCH can return from this area and attack the 220$ resistance...

Saadmeem Updated 

CFX has lots of liquidity in 0.14$ area which should be collected by the market. So It is far from expected that it’ll experience a massive bullish move before touching this level.

Saadmeem Updated 

From examining the previous price action of CFX, it can be well understood that this crypto is pattern-oriented and tends to act like it did in the past. Therefore, it is expected to soar from this area to 0.45 based on the chart. Stop loss can be set at 0.1345.

Saadmeem Updated 

if there won't be a fud in coming week, and the story of BTC ETF become more serious, it’s expected to see such a Elliot wave! BTC can grow up to 27.3k area, make a correction to 26.5 k, then move toward 30k.

Saadmeem

When there is a strong movement in the price, everybody think that it’s the best time to take a short position. But you are wrong! When the price breaks its very important and long-term resistance, it means it has a high potential to move upper. So as long as we are above the 26.5k level, Bitcoin is extremely bullish. Therefore you should NOT fight with it. If...