YinYangCrypto

YinYangCrypto

Hi people, we saw BTC failing to breakout several times, now we are on a critical point the next days. There are two scenarios Scenario 1: We going to test the black dashed trendline witch you can see in my chart a third time when there are bulls who push this level we will come up and getting bullish, this will bring us to higher levels. Scenario 2: We...

YinYangCrypto

Hi, looking at the 4-hour chart we can see that BTC is forming a second descending wedge now witch will bring us to the key-support level. This level at 7600 is important from here we could see a massive uptrend, like we see some days before at the bigger descending wedge. BTC will touch the third time this massive key-support level (in black) if we broke this...

YinYangCrypto

Hi people, BTC is forming descending triangles on the 30min chart. We weill break to the downside in the next hours. You can see on my charts that it is forming at the fibonacci levels and the upper resistance line. If we fall here it will bring us to the downer support line that you can see witch will pull us up and forming a third descending triangle on this...

YinYangCrypto

Hi, in my last post of BTC i described how dangerous it is when we fall now to the 8306 level you can see in orange on my chart. BTC is forming the C of the big ABC correction now. This big down-wave will bring us to around 4500, its the 161.8 % retracement mark of the current ABC correction. On its way are the 7900, 7200 and 6200 levels for possible support,...

YinYangCrypto

Hi, i will make it simple in this chart. On the 1-day chart we see BTC bounced from the 61.8 retracement level, witch is an important level, when we are under this level it is a bearish sign! Above this level we could say market is moving to bullish but in fact we didnt do this we will go downer now. IF we hit the 8234 level, witch you can see at the orange line...

YinYangCrypto

Hi, as i described inthe past ETH bounced at the support/resistance line 2 in blue witch you can see in on the 1-day chart and moved to the support/resistance line 1. Here we see a second bear-flag forming in ETH witch could break to the downside, as expected. My target for the bear-flag is around the 290-350 level witch would be of course a good buy opportunity...

YinYangCrypto Updated 

Hi welcome to this update on ETH. As we see on the 1-day chart ETH is moving slowly from the support level that i gave in my last analysis (dashed in blue). Also it pushed slightly above the pink trendline wich i expected that we will hit this trendline or otherwise pull up a little bit more, thats happens. BTC is confirming the 0.786 retracement now as...

YinYangCrypto Updated 

Hi people, i am bullish on bitcoin. In this analysis i give you 3 reasons why. In my chart you can see the 4-hour and 1-day chart. - We see BTC touching the 61.8 % retracement mark and is confirming it now as support, this level is really important to keep because when we are under this moment a downtrend is confirmed. Otherwise! When we step above this level...

YinYangCrypto

Hello people, this hours now are exciting. Looking at the 1-day chart of BTC we are coming close to the 61.8% retracement mark as you can see in my chart. This mark is really important because under this point it is typicall for an downtrend and when we cross it above it is a bullish sign. Also the MACD on the 1-day chart is looking to form a bullish...

YinYangCrypto

Hi friends, welcome to this update analysis on ETH. As we can see in the 1-day chart ETH has reached the potential support level i gave you in the last analysis pretty fast. It has now reached this support line 2 and we can see that there are not really much bullish signs, in my opinion we will break this support level in the next time. The next step would be...

YinYangCrypto

Hi friend, we are looking at the 1-day chart for Ethereum. It is looking to break the support line 1 wich i gave you in my last analysis. This is an important support line for ethereum. If we brake here ETH is more likely to go down and potentially touch the support line 2 (in blue) wich you can see in my chart. There we have to look how price reacts, ETH could...

YinYangCrypto

Hi welcome to this trend analysis of the current BTC price action. We see BTC on th 4-hour chart has a little upswing outside of the bear-flag and now continues the way down. We are now at the 100 % retracement mark wich we formed support before, we have to look at price action here but i think we will run down this point. The next potential support will be at...

YinYangCrypto

Hi people, looking at the 4-hour chart you can see that BTC has breaked the bear-flag as not expected to the upside. You can see on my chart that BTC is heading to the 61.8 % resistance at 8632, when we dont get a pull back from there the next resistance would be the 50 % of the current downswing, it is also the 50% resistance of the whole trend after the 6K...

YinYangCrypto

Hello, we see XMR (Monero) going down and touching the 78.6 % retracement of the recent swing. The 50 EMA has formed a bearish cross to the downside and we see XMR way under 200,100 and 50 EMA In the next days XMR will touch the support line at 150 USD i am pretty sure about. We could also move more down from this level, we have to see how this plays out....

YinYangCrypto

Hi friends, looking at the 4-hour chart you can see that BTC is consolidating within the 78.6 % and 100 % retracement mark of the current downswing. Also its playing with the support of elliot-wave 2, as you can see in my chart. When this is a bear-flag the price could rise to the 161.8 retracement mark in the next downswing. OTHERWISE price would go up from...

YinYangCrypto

Sorry! ETH has already braked the 100% retracement, thats was a failure from me. From here we are going to touch support line 2

YinYangCrypto

Hi people, looking on the 1-day chart we cna see that ETH formed a bear-flag in the past and now reached the 100% fibonacci retracement mark (under 61.8% this is a bearish sign) Here we have an not really big support, wich is thing will be breaked and the price is going to hit the support Line 2 wich is marked in this chart with the blue trendline. There we...

YinYangCrypto Updated 

Hi people, BTC has followed my chart for now, we see on the 4-hour chart 1. BTC is still in a downtrend since january 2. we formed a double top thats confirmed now 3. We had a elliot wave 1-5 and now the ABC correction, for me this is not an elliot wave failure because when you look on the 1 day chart there is wave C of the correction forming now. Elliot waves can...