XRP chart is looking very lit. HH, and HL formed in higher time frame and breakout of falling wedge on lower time frame. XRP is ready to tackle 1$ mark once again. For that to happen, Bitcoin needs to be bullish also. Any good news form SEC case will drive XRP even higher.
I think DOT completed the correction when it has returned to bottom of the long-term trend line at $10.5. The bounce was followed by increased volume which is indicator buyers took over control. RSI is stepping up and has moved beyond 50 level. Chart is looking good and every price that is close to support trendline (red line) is good buy (NFA). If Bitcoin stay...
AVAX reached my bottom target and turned to move bullish. I marked green area as accumulation zone. This is strong support zone from beginning of the year and buyers should take control over the price movement here. Sellers mostly left the market, meaning its buyers’ market now. The accumulation area on a price and volume chart is characterized by mostly...
Bitcoin price stayed range-bound in falling wedge formation with a wick low at $29.000. Its currently retesting the support on falling wedge. It should get bullish from here and move to $36.900 and $43.000 as my final target for now.
The price of ETH is moving on support line of falling wedge on daily chart, simply following Bitcoin price. Any reaction from big brother will move the price of Ethereum as well. Despite the drop from all time high reached in May, ETH is still up some 160 percent from beginning of the year. The price is sitting on 200 MA ready to test the upper ressistance in...
The volatility in the crypto market is showing no signs of stopping and popular metrics for measuring market sentiment, Crypto Fear & Greed index, fell to all time low this week. Given the severe bearsih looking situation, I 'm bullish on market then I was ever. Some alts are looking fantastic and as soon as BTC finds support, alts will fly again. CAKE is turning...
Silver is bullish and waiting for a breakout. $30 mark is the last strong ressistance which is standing in the way to the top. Target $50.
MATIC/USD is breaking out from triangle pattern. Looks like long consolidation is over and this coin is ready to move bullish. First resistance level is last high from mid-March; 0.50$ .
LITUSD on a breakout from triangle pattern. Symmetrical triangles are thought as continuation patterns on a breakout. LIT performed a nice retest of support line (red) and its now heading upward. This should be followed by a bullish move in size of a difference between higher high a lowest low at the beginning of a triangle. Targets marked in yellow.
RSK Infrastructure Framework token (RIF) is on the move with clean breakout from last ressistance zone at 0.35$. The ascending triangle is a bullish formation that usually forms during an uptrend as a continuation pattern. Breakout from ascending triangle is usualy very powerful, it has more upside potential.
We are witnessing first major bump in this bull market. ETH topped just under $1500 and created major gap down to support zone at $1050. That was also break down from rising wedge which is very bearish sign. Additional to that, ETH technical picture could turn very negative if ETH closes below next support at $1120. RSI is showing negative divergence on daily...
We are witnessing first major bump in this bull market. BTC topped at $42,000 and created major gap down to support zone at $30,000. That was a massive red candle which completely changed bias in my opinion. Currently BTC sits on MA200 which acts as support level, but I believe we need to retest the last ATH at $20,000 before we could continue to move higher. At...
Follow up on my previous analysis, where I correctly anticipated breakout from long lasting bearish triangle, I'm posting my next targets. XRP still looks very bullish and given the fact BTC is on ATH, XRP has some more room to the upside. As you all know, XRP can move exponential, be very cautious as it will get wild once the price goes over $0.75 region. This is...
Follow up on my previous analysis, where I correctly anticipated breakout from triangle, I'm posting my next targets. LTC still looks very bullish and given the fact BTC is on ATH, LTC has some more room to the upside. I would not be surprised to see Litecoin trading on $150 region very soon. Follow the lines, next resistance is on $110 level, while $85 acts as...
I posted XRP chart in March when the price reached $ 0.145 level. That was the bottom on daily/weekly chart and very good entry point for LONG plays. XRPUSD managed to take out descending bearish trendline which was in place since 2017. The break above was clean with strong momentum which is now taking XRP to higher levels. My next target is $0.55, but I will...
LTCUSD breakout on the way. Daily chart is looking good, LTC broke out of symmetrical triangle which normally forms powerful move. The price target for a breakout or breakdown from a symmetrical triangle is equal to the distance from the high and low of the earliest part of the pattern applied to the breakout price point. My first targets are market on chart.
TEZOS; XTZ forming huge rising wedge which started from Jan 2019. As the lines are getting closer, we will soon get the result of the pattern, which usually turns out to be bearish one. But as always, don't be too quick and wait for confirmation. The rising wedge pattern is characterized by a chart pattern which forms when the market makes higher highs and...
- LONG Silver - Favourable Gold/silver ratio - XAG is lagging - Key support zone is holding very well (3x tapped) - Breakout could push silver to $30 as it did in 2009.