ZeeshanRaza

ZeeshanRaza

How many of you agree... experienced ppl plz comment...

ZeeshanRaza

Keeping in mind the current state BTC is in, it is safe to say that we are still in what can be considered an uptrend. However 0.618 level on a weekly time frame is an important level, which price needs to reject before making an upward move.

ZeeshanRaza

The previous targets were not met since the 0.618 level proved to be a strong base for BTC to bounce back and the ascending triangle was broken making a new high on the Daily time frame. Inview of the current move that BTC made, its more likely that the price might retrace a little to the monthly 0.50 & Daily 0.382 level before resuming the upward momentum.

ZeeshanRaza

BTC will most likely hit the two targets in the coming days... 1st the one of 27422 that is based on the calculation of the ascending triangle it broke on the Daily Chart. 2nd is the 22000 mark, based on the breaking of a much older pattern of a bearish pennant. on the Daily Chart. (fingers crossed)!! Would need to see a green candle closing above the 0.618...

ZeeshanRaza

The 4 Hr Chart shows a Bullish cross over b/w Conversion Line and Base Line there is still heavy resistance to be seen on the Daily Chart in the Kumo Cloud. One should be careful in trading while prices enters the cloud!! Still waiting for a break of 41000 resistance!!

ZeeshanRaza

The ETH BTC Pair, Entering a rising wedge pattern, although it broke the resistance at 0.074 but the continuous decreasing volumes are not supporting the idea of a clear breakout from the ascending triangle. Plus the BTC as well as ETH ETF's pending in front of SEC can also influence the price move in the coming days. I think that ETH BTC pair might see a fall...

ZeeshanRaza

After Making 3 rising wedge patterns in between 28th Feb to 10th May, 2021 and always making a downward move, currently BTC seems to be stuck in a bearish pennant once again. without a proper volume supporting a convincing breakout from the pattern we can expect more sideways movement of the price b/w 31000 ~ 40000 range.

ZeeshanRaza

Here is what I think is going to happen. The FIB Channel broke on 16th May and candles are forming below 21 as well as 200 EMA, which is a clear sign on bearish momentum on BTC. The EW wave suggests that price will further drop if the retracement goes down to 0.618 levels, this would be the best buying zone for LONG trades. Huge Exchange Inflows & NVT above 54...

ZeeshanRaza

With strong fundamentals and Alonzo upgrade up ahead, ADA is showing great potential for growth. EW suggests that we have yet to see the 3rd impulse move to complete. As far as technicals go, the resistance has been broken and retested, with a still visible buying pressure on ADA suggesting that the price will move on to hit the next targets pretty soon. DYOR.

ZeeshanRaza Updated 

20042021: Daily: 08:40 UTC Since the upward move from 12032021 ~ 05042021. Price retraced back to 0.786 level. Zone 0.0122622 ~ 0.0152388 was broken on 13042021 Candles forming below 20 EMA RSI 31.18 next critical support at 0.0042

ZeeshanRaza Updated 

Just saw a cypher pattern on GRT/USDT. RSI is below 50, but 200 EMA is providing a good support Hopefully the price shall bounce back and hit the intended targets. Seniors are most welcome to point out any mistakes...

ZeeshanRaza

Further to my previous analysis, unfortunately the trend line was broken to the downside on 26th April, the FIB Channel was broken, 20EMA sloping upwards RSI above 70 The Fundamentals also looks strong with launching of its ALONZO TESTNET ahead! waiting for the retest of resistance ahead. ADA ready to resume its upward momentum

ZeeshanRaza Updated 

ADA, candles forming above 200 EMA, RSI at 54. Chart seems bullish waiting for conclusive break out from the zone of resistance!!

ZeeshanRaza

Not a trade idea but a Technical Analysis on a coin i have been watching for some days now, The zone has been retested, the RSI is also on bullish side Candle finally forming above 50 MA, waiting to see if tomorrows candle is above the MA line. Sincerely think that its time for REN to start moving up again.. Please correct if something's missing or being...