crytobullmike

crytobullmike

Bitcoin on the weekly time frame is looking primed for a move to $28,000 and above. The next fib level and the trend line will both act as resistance at $28,000 but as long as we get above this level and close above it btc will be in good shape to continue to the upside. Analysis on the weekly time frame takes time to play out. If we continue to the upside and...

crytobullmike

Weekly time frame technical analysis still shows nothing but upside. Loving the weekly time frame on XRP. Firstly XRP needs to clear the .236 fib at .55 with volume and I feel that will shoot us directly to the red box of resistance at .90 Once we get to the red box of resistance that’ll be decision time for XRP. Will XRP get rejected at .90 or will we make a...

crytobullmike

Litecoin is still currently moving sideways in a tight range on the weekly time frame which isn’t very common for such a long period of time. Still fully expect and believe our next breakout will be to the upside. How much lower can we go, right? I have full faith especially when it comes to Litecoin. The low $50 dollar range for Litecoin has been holding...

crytobullmike

Let’s take a look at ATOM. All drawing tools drawn on the weekly time frame. But wanted to see how the daily time frame is looking. Daily chart looks absolutely primed and ready for a big movement. ATOM looks bottomed out on the daily and weekly time frames. Fully expect for ATOM to start making its movement to .618 fib at $22.80 level. Red box of resistance...

crytobullmike

Good ole ETH slowly grinding. On the daily time frame we’ve seemed to put in a “high” and now as long as we don’t fall below the $880 area we will have put in a higher low. Which means we should expect a higher high above $2,000. The area I’m looking out for is the white .618 fib which lines up with the red resistance box and the white trend line. Which is...

crytobullmike

XRP seems to be one of the few alts in the green today/this week. Not much/any resistance until the .236 fib at .55 If we get a weekly candle closure over the .236 level then all eyes will be on filling the wick where the red box of resistance is drawn. Red box paired with the .618 fib could be a huge rejection level. With a wick potentially to the white...

crytobullmike

BITCOIN looks great here above $20,000 also Btc is back above the trend line(drawn on the weekly time frame). Still expecting to retest the .236 very soon. If we don’t have much volume to push to/past the .236 then I’d expect the trend line to hold as support to remain bullish. After getting above the .236 then next target will be the red box of resistance...

crytobullmike

What a amazing pump! It’s nice to see such a big pump during these market conditions. All eyes on the weekly close this Sunday. We want the weekly candle to close above the current trend line we are just under. What’s everyone think?

crytobullmike

LINK still looks absolutely amazing on the weekly time frame. Not much to do analysis on honestly. Still looks and seems extremely bottomed out. Still targeting 28.86(285% gains) and 38.22(412% gains). These are the times to dollar cost average into low risk and INSANELY high reward set ups. I absolutely love this set up with a wide stop loss at 4.96 Trade...

crytobullmike

Litecoin looks like it has potential for an amazing swing trade opportunity. Let’s take a look. On the weekly time frame we have the over head and lower trend lines with 2 touch points each. We have our yellow large time frame fib and our white shorter time frame fib. Lastly we have our red box of resistance which was drawn on the monthly time frame which...

crytobullmike

ETH is looking amazing on the weekly time frame(currently). We have our yellow fib for the overall swing high to swing low. The white fib is drawn from our most recent swing high to swing low. Then we have a few trend lines as well as our red box which has acted as both resistance and support for ETH. I expect a movement to the yellow .236 to occur soon. Then...

crytobullmike

BNB looks absolutely stunning! The weekly time frame looks very bullish and we have a great long set up at current price. Take profit 1 at 456 and take profit 2 at 540. If these levels are hit then I’ll do more analysis for more upside targets. But I’d expect these levels to create a lower high which would be followed by a lower low. What’s everyone think?

crytobullmike

We need to hold this trend line to continue our bullish bias. Remember this is the weekly time frame so we can wick below the trend line but we need the weekly candle to close on or above the trend line. If we lose our current range low of 17k area then we will have to go back to 2020 and prior to find levels of support. Also if we close below the trend line we...

crytobullmike

XRP/USD looks primed for a 100% or greater movement. Don’t be fooled though because even with a movement to the high .80 to low .90 range which lines up with the .618 fib on the weekly time frame. This would still create a lower high on the weekly time frame. Keep in mind when we get a lower high a lower low usually follows. Plan and trade accordingly. Many...

crytobullmike

Things are looking amazing for EOS along with most of the crypto market. EOS definitely looks bottomed out. Fib drawn from recent swing high to swing low. Red box’s drawn from wicks that need to be filled on the weekly time frame. Along with a trend line. Simple technical analysis is showing EOS going to 5.00 to 5.25 This analysis is being done on the weekly...

crytobullmike

AMP TOKEN is my absolute favorite coin! Monthly, weekly and daily analysis is pretty difficult to do on AMP. Wicks need to be filled both on the daily and weekly time frames. Closest wick that needs to be filled on the weekly time frame is the red box on the chart which is 385% from current price. Trend lines also need to be met at some point. But red box...

crytobullmike

BTC had a good but not great closure on the weekly time frame. I still standby my analysis from earlier this week. Expecting a move to 29k(over head fib) with a minimal rejection before pushing to red box of resistance at roughly 40k. Then a rejection down to 30k/29k before the pump to everyone’s favorite fib level the almighty .618 which also correlate’s with a...

crytobullmike

NCT looks bottomed out on the daily time frame with so much upside potential. Red box drawn on the weekly time frame from wicks that need to be filled. Red box is 288% away from the current price action. What does everyone think?