In the wake of this week's pump I have noticed something concerning on the xrp chart. It shows this head and shoulders pattern on weekly timeframe (which makes it less likely a manipulation) and the target of it is in the range of 6-7 cents. Different charts show me different targets when I do the measurement, but these also coincide with a previous fibonacci...
We are seeing 233ma crossed and that is a very bearish sign, a smart money bull for DXY would be taking profit once the 233ma got broken, as that is your sign things aren't going great. Bitcoin is also under the 233ma on the weekly and it dumped hard from it, but now it might be on its way back especially if DXY starts dumping - I expect to happen this week. Why...
I don't know if its the Christmas season, but I started believing in miracles. After this huge dump we had recently, many are looking for low prices and thats fair. It was so fast that it doesnt look like stopping. But this weekend it stopped exactly on fibonacci and it is showing some bullish impulses. If we do manage to turn the tides around here, we could be...
There is a very big inverse head and shoulders pattern in Matic and other cryptos. The recent dump can be seen as a re-test of the pattern, which as you can see from matic, was successful. Technical target of the pattern coincides with R3 fibonacci resistance on the weekly, so I would be taking some profits there. Here is a great chance for a breakout trade, as...
After the price of BTC fell to the target of the SHS pattern (around 18k) and bears started taking profit, we started seeing many pumps, each following pump, however, went lower than the last, forming an extremely bearish pattern - descending triangle. The target of this pattern would be 10,500, if we measure from when the original bearish move began to start...
I will not write the 0's , when i say 31 I mean 0.000031 ofcourse not 31$, just to get that out of the way! We have here a very big timeframe skewed inverse head and shoulders showing buyers are taking this puppy home. Target of pattern is 31 and I believe it might slow down there, with a dump to 22 before continuation higher. Lets see how this one turns.
I don't buy it, literally and figuratively. It looks pretty strong right now, but i drew today's fibonacci for my trade, and im still not out of the woods, but what I discovered with these extended targets shocked me. This short term fibonacci that I just drew has perfect confluence with all these circled levels of past support! I couldn't believe my eyes how...
I was playing around with drawing the 6 month chart for BTC, and it struck me, when i plotted the fibonacci of the 2 candles for 2020 trading, that the price currently made a (temporary) bottom at exactly the 1.618 level. After I turned back on my normal candles I spotted that every if not all significant turning points both bullish and bearish have had something...
BTC is showing perhaps one of the worst signs in its history in terms of bearish outcome. I had drawn this line long time ago, and I just so happened to open the BTC1! again and saw it. To my amazement, the top of the latest bullish push was EXACTLY on the line, confirming its relevancy, and perhaps showing that we are in for the most massive dips in the history...
(I marked this as a Short investment strategy, but it is really Neutral, but leaning Short. It all depends on what happens near current level) I know many are talking about 13000$-13500$ level, but I really believe it could dip as low as 7500$ based on weekly fibonacci pivot points (which I cant find on Tradingview chart). if the bulls cannot defend this 233ma, I...
It is weekend, but we are seeing a hint that the bulls might be failing this breakout from the 89day average. Following all the bullish analyses I've posted, here is a chart showing possibilities for big moves in either direction and where I believe is a great place for low risk high reward trades. What do you think, I have turned neutral until the price shows...
A pullback from the 200 day moving average has caused Rose to fall to the 89 ma on the 2h chart which acted as a strong support in the past. A perfect bounce up from here would mean Rose is going to absolutely explode once (if) the 200day resistance is broken.
In this chart I am using ichimoku where I've set the settings to the closest fibonacci number from the default. I have noticed that it is much more accurate and plays out great in all the timeframes. Here we see a breakout from the cloud and i believe we are ready to climb fast towards 13.50$ where the 200ma resides and might be a take profit spot for many bulls...
If bitcoin does well here, we can see a huge increase of the Rose token in the short to mid term. I have drawn out some lines for fun of different scenarios both if this fails and if it succeeds
As you can see from this chart image, after a run up, we get a bad area for buying at high prices, which is followed by a scary dip which makes everyone think its the end days for crypto, then we get slow increases for weeks and finally the big pumps begin. If we are to follow the same pattern of movement, we should see 70-80k by next year, and we see what...
Here is the absolute best scenario I can see for BTC based on the trend and these curved lines created by using past tops. If you want less optimistic scenarios, use the other curved lines, not the red one. So, I am ready for Bitty at 1 million, wont surprise me. As long as we defend the 200 weekly moving average here, we are golden and ready for the...
Doge, it has a rocket 🚀 with its name on it and its time for this to show in the charts also. Weekly MACD already crossed bullish, where in some other cryptos technically it still hasnt. It is yet to break out at all, so i have moved ally positions into this. I believe the price is very low and dont want to not have any when it starts pumping. I believe the...
We see a bullish cross on weekly macd which is one of my favourite indicators. This cypher pattern is so huge, i just have to play it. 5x long lets go