Chart Overview This is a weekly chart (BTCUSDT) on BINANCE. I've set up Gann price/time lines which represent potential resistance and/or support points. The Blue lines are 4 Gann boxes (with the 1x1 price/time equation) attached together to create a giant Gann Box. The yellow lines represent potential pivotal points which follow the 50% or 0.5 price/time points....
Chart: XMR/BTC (Daily) Monero has been pushing up gradually and consistently, the 0.5 Gann Box price/time line has been hit. If Monero pushes past this convincingly, this line will turn from resistance to support and we can expect more bullish action. Monero took a big hit from the recent crash and could be a very good time to buy back in. Next resistance...
Hi Guys Fundamental analysis suggests Celo with their smart phone focus for encouraging mass adaption of crypto could be one to watch, right now it has seen some serious gains, gaining over 167.8% compared to bitcoin in the last few days. It has lost some of those gains but I believe we are just at the beginning of what could be an even bigger bullish...
I've labelled the specific points that could represent a Wyckoff accumulation patttern. The 5 phases represent: (A) controlling the downtrend to a stop (B) buying and selling to create a trading range in order to accumulate as much as possible (C) testing supply to conclude when accumulation has been maximized (D) transitioning to an uptrend (E) executing the...
Hi Guys Please check out my previous idea about the potential path Bitcoin is heading, in that idea I've outlined as many others have that this is a Wyckoff Accumulation / Reaccumulation (WAR). In this idea I want to recap exactly why this is happening and what you can expect. Why is Bitcoin heading down? First off Bitcoin can change direction within a moments...
Disclaimer: Not financial advice just my humble opinion, please do your own research before investing your money. Let's go. INTRO The main idea behind the Wyckoff Accumulation or Reaccumulation let's call it WAR for short is for "Smart money" (SM) or massive financial powerhouses to absorb the asset from "Dumb Money" (DM) or Small amateur investors (you and me)....
Hi Guys *Quick Disclaimer, this is not professional advice please do your own research before making any investments. CHART OVERVIEW The chart shows 6 Gann retracement lines and specific labels depicting certain phases of this suggested Wyckoff Accumulation Pattern, I won't go into every detail but will just discuss the end phase which we may be in right now,...
Hi Guys Quick disclaimer please do your own research and do not trade based on my opinion; this is not professional advice. Let's get going: CHART OVERVIEW Here is a daily chart for ALGO/USDT on Binance. I've marked out specific points which could be pointing towards a Wyckoff Reaccumulation Pattern. The pattern has not be completed so it can very well fail but...
Hi Guys QUICK DISCLAIMER First off please do your own research before trading/investing, this is not professional advice. Let's crack on. CHART OVERVIEW Here is a weekly chart of the Bitcoin price (BTC/USDT); we are right now at this resting point, in the chart you'll see two Gann boxes placed side by side. The first Gann box extends from the major low to the...
Hi Guys Very important video, must watch, in which I quickly and clearly show how Bitcoin could just well be priming itself for another significant run up! *Not professional advice! Please like and comment and let me know what you guys think!
*Disclaimer, this is not financial advice, just my opinion as a crypto enthusiast. ANALYSIS On the weekly ETH/BTC chart we have a "cup and handle" formation which is known to be one of the most consistently accurate chart pattern. PATTERN CHARACTERISTICS *The base of the cup is very smooth (rounded) rather than jaggedly or V-shaped which gives this pattern more...
Hey Guys *Quick disclaimer this is not financial advice, I am an amateur investor and any decisions should be based on your own research and not my speculations. Bitcoin had been travelling in a downward parallel channel before breaking with strength to the upside. We then have points of support and resistance indicating an upward parallel channel. We have...
ANALYSIS On the VET/BTC we are in a potential inverse head and shoulders pattern on the daily timeframe. The final shoulder has yet to be confirmed so this pattern could fail to complete. Interesting VET has landed on a support trend line formed since early February. TARGET Target would be 0.00000637. Disclaimer: Not financial advice, just amateur observation....
Bitcoin is breaking it's downward parallel channel. This will require a strong follow through but so far it is looking very bullish. Wait until the 4 hour candle is finished to confirm breakout. *Disclaimer: This is not financial advice just my amateur observations. What do you guys think, as I'm writing this the price is surging? Incredibly exciting!
Vechain is going through a reducing wedge pattern on the 4hr, target would be approximately 0.15. Let me know what you guys think, could this play out? Please leave your comments below