Hello BTC traders and hodlers, Looking the BTC weekly chart you can clearly see an inverted head and shoulders pattern has formed. If BTC can get a close above the neckline and hopefully retest it for support we are looking at a target of roughly 77k. Remember the pattern isn't validated until we break out and close above the neckline. There should also be strong...
Hello ADA hodlers and traders, Today I present to you bullish outlook on ADABTC pair. The price is currently sitting on the 21 week SMA. If the price can bounce up from here and get above the 0.00006200 sats there is huge upside potential. As you can see in the chart there is long term cup and handle pattern. If the bulls can confirm a break out above the cups...
Hello Tezos hodlers and traders, It would appear Tezos XTZ has some heavy long term resistance approaching at 0.00022 sats. Tell me what you think will it bounce off the top of the channel like all previous touches since 2018 or will it break through? I am bullish on XTZ but the reality is if BTC breaks out this month and pushes to 100k usd then XTZ will likely...
Hello fellow traders and hodlers, It would ETH has decided for the time being that it will bounce off of the support line as it has done multiple times this bull market. It would seem for the time being Ether will continue to hold this support. This is not financial or trading advice and is intended for educational purposes only.
It would appear my previous analysis about the cup and handle pattern is playing out. XTZ Tezos is looking to head to new all time highs. The only question is how long will it take to achieve its price above $12 USD. Please like and subscribe if you like the content. This is not financial advice and is to be used for educational purposes only as I am not a...
Now this title may have fooled you, but I am bullish on BTC not matter what happens over the next few weeks. Looking at this chart there are some bearish indicators. It's possible we are rolling over and if we do I will be buy as soon as it enters my buy zone channel. Since 2015 BTC has only dipped below this channel twice. While in this channel BTC has presented...
Will ETHER spring off support or fall off the cliff. This is a great question and I don't have a crystal ball, but I am watching for any weekly closes below the red support channel. If we close below it we could have some more red days ahead. I hope we spring off into October to new all time highs. Keep an on this chart and don't be afraid to take profits and stop...
Good Afternoon Traders, Crypto Centric here. Is anyone one else watching the XTZ (Tezos) daily chart. There is what looks to be a beautiful cup and handle pattern forming. Now we need to clear the green zone between $7-$8 roughly and then back test it to confirm a breakout. But this is something I will be watching closely. This analysis is not financial advise...
XRPBTC has reached the top of the falling wedge resistence. If a breakout is confirmed the target will be between 8000 - 10000 satoshis. Happy trading and give a like if you agree.
Bitcoin is facing a significant amount of long term resistance. We have the 14K resistance which Bitcoin has never had a monthly close above and we also have resistance coming from what was long term support previous to the covid-19 crash. If Bitcoin closes its monthly candle on saturday October 31st above 14k we will have broken through and also likely regain its...
As you can see on the chart Bitcoin has been in a monthly parabolic curve since 2013. This months candle is testing the trend and the close will tell are we going up or finally break the six year curve. Let me know your thoughts!
LTC against BTC is printing a possible inverted H&S from March 2014 to its current price. It isn't complete, but it is possible. If the neckline is broken the price will likely double from 0.02206 BTC to around 0.04328
Take a look at XRP weekly chart on bitfinex. Inverted H&S Just needs a break of the neck line with volume confirmation. Target $0.95 - $1.05 The volume profile also supports the inverted head and shoulders pattern.
Well its official XRP/BTC has officially broken out of the downward channel with a strong push up. it actually broke above the last push up on April 20. Look at the chart they don't lie. Now we need to find support on the old resistance that was our downward channel and spring off and create a new high. We will have to wait and see if the bulls can pull this one...
If you look yestday it broke out of the downward channel. It has come down and is attempting to use the former resistence line from the top of the channel. If it holds as support we could be starting mid term upward trend. As it has been in the a short-term upward trend for about 10 days, but now that we have broken out of that channel we still have many...
Hello everyone, We have been moving withing in a downward channel within a larger downward channel. We are currenly at the bottom of the smaller channel and about 1 penny from the bottom of the larger channel. We also just reached a strong area of support with many supports there are many supports between 18 and 28 cents which I have some outlined in purple. Also...
BTC chart within the downward wedge has been making a bullish 3 drives pattern, but I will say it also made one with the last hump I will put link below. So it seems to be moving within this Wedge pattern since January the fibs line up about 68% extension on the tops and 1.2 on the bottoms its textbook now we just need it to hit the bottom of the wedge at $5500...