Better to be careful about Ethereum cause on the weekly timeframe, it broke it's nearly 2yo trendline with a double top and a negative divergence. So if you think about buying I would caution you to wait and see it's reaction to the prior support $2650 and ret fib levels like 0.5 and 0.618 . Let me know in the comments what you think about it? What levels do you...
To some people this chart of mine doesn't have any meaning, it's just some lines forming an X. But it actually is a world of meaning, at least to me. On the daily chart of Bitcoin, we are witnessing a midterm downtrend, after the price broke down it's former uptrend. So we're dealing with a strong downtrend now and the question is when we will see Bitcoin rise...
So It's 2022 now and despite all the expectations for BTC to hit 100k failed, I believe if Bitcoin manages to stay above 30k which I think it will, then we could expect it to hit new ALT this year. Remember that the fundamentals for bitcoin are very good and with all these economical problems, bitcoin or cryptocurrency in general, can be a safe haven to people all...
It's been a while since I published an Idea about my favorite metal. It's obviously in a ascending mood, just the matter of time. The world is not in a good place economically and it never will be as long as fiat money and all these debts and deficits exists, so the gold is always rising (Long Term) and a good bank to put tour money if you wanna be safe from...
Hi friends, I'm gonna talk a little bit about the NASDAQ:AAPL and tell you why I live it so much. Well so doesn't love the iphones, right? But that's not what I wanna talk about. I wanna talk about how technical friendly is the apple's chart. Look how the candles react to the rising channel lines and how the price respects the horizontal support and resistance...
So we are waiting for SHIBA to do it's magic again and go high up to the sky but it's been imprisoned for now and if it manages to get out, I think it would go sideways for a while and then expected magic will happen.
Polygon coin is in a fragile state and it managed to go above the ATH point but it went back down from it and that for me is not good and calls for more decline plus the negative divergence doesn't make things better. I wish this year could be as good as 2021 but meanwhile be careful. One thing is certain that the crypto market is destined to go very high up in...
Hey guys, happy new year first of all and I wish you a healthy year for you and your family with lots of success. Let's get down to business and discuss Solana for a bit. What do you think will happen to Solana in 2022 ? As the matter of fact what do you think will happen to the whole cryptocurrency market in 2022 ??! Solana has a strong uptrend for a year now, it...
So in my last update on BTCUSD (in the link below), I mentioned that the weekly candles are weak and it could go for a little vacation to 53k. Now I'm ready to see some trading range and equilibrium in between 49-53k. Bears gotta slow down for price to get 100k before 2022. Don't you think ?!
Shibusdt is up for a another bull run to higher levels and ath. don’t you agree?
So after reaching to the previous high in April ($64,854), Bitcoin has made 2 suspicious pin bars or 2 shooting stars, whatever suits you, and tomorrow it’s about to close under it (I’m not sure)! That can’t be good in short term. I think the price could go for a little vacation to $53,000 (a solid high) and rest. But don’t worry, the weekly uptrend would still be...
Dydx is the dydx exchange(DEX) governance token, I think it has a lot of potential in the future. Currently the price is stuck in a triangle pattern and the target for it is the top of the ascending channel.So it could hit $40 and even more. Remember that DEX has a bright future in the market.
So here we have the BNB/USDT and the chart looks very promising indeed. Possible targets for bnb is showing with the help of fibo expansion. What do you think?
So we have here, THE TRIANGLE pattern. One of the best and easy classical patterns in the technical analysis. It is considered to be a continuation pattern and the more it touches the support and the resistance lines, the better (at least 3 times to be valid). Enjoy...
Cel/Btc is in a very good position right now. After the breakout I’ll personally go long on this one. Agree?
So we have btc/usd here and its not a good thing when you see a classic descending triangle after a long term rally. Nobody knows the future of course but I would wait for a breakout then decide to go Short or long! While you’re reading this, check out my analysis for Crypto marketCap...
On weekly chart we can spot a double bottom, negative divergence plus the rsi downtrend. They are not good signs of course and with this and the Bitcoin and ethereum charts, I dont see a good future for crypto market at least now. Hope im wrong, so lets see what happens next in long term charts.