ergal91

ergal91

I'm looking at weekly scale. All projected targets are shown on the chart.

ergal91

I have been watching monthly, weekly , daily and lower timeframe charts of BTC past 10 days. Regardless of bearish analysis and all warning shots I posted and notices recently. I'm sure BTC has already bottomed or the bottom would be between 14-16K))): $BTC bottom won't be bellow 14K.

ergal91

IN weekly scale BTC has broken horizontal rectangle with the target 12,700$. Will it hit the mentioned target or we'll see bounce before that?

ergal91

Bearish and bullish case scenarios are written on the chart.

ergal91

Based on my analysis in every bear market, when these moving averages crosses in green circle, it signals the bottom and at the same time the price touched the lower band of DC. Everything is written on the chart.

ergal91

If history repeats BTC bottom is in)) Everything is written on the chart

ergal91

I'm watching a weekly timefarme. My ideas are written on the chart.

ergal91

3 scenarios I'm watching at the moment on monthly timeframe.

ergal91

I'm watching a weekly timefarme. Based on history data every time BTC bottoms at 1.68 Fib level and at the same time when weekly and monthly RSI hits historical low level at 26-28 and 42-44. BTW my bottom signal based on other analysis flashed yesterday, so I think BTC has already bottomed but there is 30% probability that it can dump to 12-14K in coming days or weeks.

ergal91

If we are still in a bull market, I expect BTC bounce from this point and rekt 99% in crypto who are bearish at the moment and expect capitulation and long term bear market. They are waiting 28K, 24K even 20K This is great place for a potential pump with test of monthly 21 EMA+ retest broken daily trendline + stochastic bullish cross+ Lower band of Keltner...

ergal91

if BTC isn't in a short term bear market/3-4 months/ and a running flat scenario/completion of ABC correction of 4th wave/ will play out at the same time BTC has bottomed at 32.9K then my bullish scenario will be as described on my TA.

ergal91

I'm watching this 4h cap and handle pattern to break out on ether chart. Target for this pattern is 3800-3900USDT. Supertrend has flashed buy signal but for break out we need the neckline to be broken/ 3420USDT/. Favorable preconditions can be MACD bullish cross, ​Ichimoku and Bollinger upper band to be broken at 4h timeframe.

ergal91

Hi dear readers. We are looking at @kavalend / Hard protocol 1h and daily charts. $HARD made double bottom making 0.63USDT on January 10th 2022 which is matches to December lows 2021. As you know it is reversal pattern. $HARD had broken falling wedge pattern on 1h timeframe and is going to hit 0.91-0.92USDT short term target. At the same time, you can notice W...

ergal91

I expect BTC sideways action between 39.5-53K ranges by 2022 March. Then I expect BTC rally. At this very moment I'm watching the scenario I posted in this chart. I think BTC has bottomed at 39.5K/maybe, but less likely one more touch to that point/. As you see, Double bottom pattern is a reversal pattern. And BTC did it when dumped to 39.5K on on January 10th...

ergal91

Welcome to this analysis about BTC . Contrary to many analysts I don't think we are in a bear market and at the same time I don't share the opinion of others who think if BTC loses 39.5K level we are still in a bull market. Now I'm going to explain you why I think so. We are looking at the weekly timeframe perspective, the recent events, the established weekly...

ergal91

Welcome to this analysis about BTC . We are looking at the daily timeframe perspective, the recent events, the established daily falling wedge and some indicators. BTC hit my last and main support at 39.5K September low and made double bottom and rejected at support area with strong buying pressure. It is obvious there is a huge buying demand AT 39.5-40k level. At...

ergal91

Welcome to this analysis about BTC . We are looking at the daily and weekly timeframe perspective, the recent events, the established daily parallel channel and weekly symmetrical triangle. BTC hit all my 3 main horizontal supports mentioned by green line. It bounced from 40K support zone which is bottom line of Gaussian Channel, ichimoku cloud and our parallel...

ergal91

Welcome to this analysis about BTC . We are looking at the daily timeframe perspective, the recent events, the established falling wedge formation with multi RSR bull divergences and what we can expect in the coming days and weeks. BTC is playing ping pong in this big falling wedge and is going to break up and make a new uptrend. It is testing the strongest...