The Chart above show Bitcoin Dominance (BTC.D) over time, with highlighted patterns and cycles that may be tied to Bitcoin halvings and market trends. Here’s my analysis based on the chart's structure: Key Observations: Repeated Patterns: The chart highlights similar phases of Bitcoin dominance decline across three separate cycles, lasting roughly...
This chart shows XRP/USD forming a symmetrical triangle pattern, a type of consolidation structure where price moves into progressively tighter ranges. Such patterns often signify a period of indecision before the next big move. Key Observations: Symmetrical Triangle: The triangle consists of lower highs and higher lows, signaling a contraction in...
1. Trend Overview Downtrend Reversal: The price initially followed a strong bearish trend from around May to mid-July. It seems to have bottomed out around late July and has started to recover, gradually forming higher highs and higher lows, signaling a potential trend reversal from bearish to bullish. Current Bullish Momentum: The latest price action shows...
1. Pattern Symmetrical Triangle: The price is forming a symmetrical triangle, which is characterized by a series of higher lows (ascending trendline) and lower highs (descending trendline). This is typically a neutral pattern, meaning the breakout direction is uncertain, but it often leads to a strong price movement. 2. Breakout Potential The price is...
1. Trend Uptrend: The price is trending upwards within the ascending channel, with higher highs and higher lows, indicating a bullish market sentiment. 2. Support and Resistance Support: The lower boundary of the channel acts as dynamic support, where price has bounced multiple times. If the price continues to move within this channel, it may find support...
This chart shows the USD/IDR pair (U.S. Dollar/Indonesian Rupiah) on a weekly timeframe. Below is the analysis based on the visible trend lines, price action, and channels: 1. Ascending Channel: The chart illustrates a clear upward channel that has been maintained since 2017, suggesting a long-term bullish trend in the USDIDR pair. The price has bounced from...
Always Disclaimer: Not advice to buy or sell a specific asset. Just share my thought on this. Symmetrical Triangle : The price action appears to be forming a symmetrical triangle pattern, with the upper resistance and lower support lines converging. This suggests a potential breakout point in the near future as the price tightens within the pattern. The...
1. Current Price Action Price is trading at around $64,719, approaching the previous all-time high of $67,752. There appears to be a breakout from a downward wedge pattern, indicating a potential continuation of the uptrend. The price target projected from this wedge is aiming towards higher levels. 3. Future Price Targets 1.272 Fibonacci extension is marked...
Consolidation Range : The price has been consolidating between approximately $2.60 and $3.20. This range appears to be forming a horizontal resistance level near $3.20 and a support level around $2.60. Ascending Pattern : There is an ascending triangle forming within the consolidation range, which is generally a bullish pattern. The price is making higher lows,...
1. Cup and Handle Pattern: The highlighted region resembles a cup and handle pattern, which is generally considered a bullish continuation pattern. The cup part spans from around mid-2021 to mid-2023, while the handle is forming after the cup's completion, indicating potential consolidation before a breakout. The rounding bottom of the cup shows accumulation...
1. Ascending Channel : BNB seems to be trading within an upward-sloping channel marked by two yellow dashed lines, indicating a long-term bullish trend. The price has bounced off the lower boundary of this channel several times in the past, confirming its significance as support. 2. Resistance Break : The horizontal line around the $400-$500 zone acted as a...
SOLANA being sideways for several months, but overall trend still strong bullish momentum for longterm right now. Nowadays they have chance to form " Cup and Handle " pattern to bring price to higher target price at 1.272 and 1.618 fibonacci extension.
BTC will go the upside with chart pattern inverted head and shoulder
I'am waiting for BTC halving around at the end of April 2024 and then will bullish run going to 150k as a target.
#Disclaimer On: Not advise to buy or sell an asset. Will bitcoin going to retracement around 21k and continue going up?
#DIsclaimerOn: Do your own risk Biggest market cap on Indonesian Banking known as BBCA. This stocks very strong bullish movement on long term timeframe since 2000 until now. I will predict the next target of BBCA will going to IDR 10.000 ~ 11.000 based on fibonacci external and AB-CD movement.
# Disclaimer on, just sharing not advise to buy or sell I open the chart in very high timeframe which is you can see above in 3 Month. So as you can see long term investment in Gold actually in Bullish Trend although a few times before actually GOLD move in ranging price between 1650 until 2000. But, in the ranging market I believe that the continuation of the...
Disclaimer ON! Not advise to buy or sell. Very high risk instrument