fugasok

fugasok

You can see on the chart that in late 2021 BTC had 2 peaks with 21 day consolidation between them. Currently we had 24 days of consolidation and 3 peaks. Almost the same. After the first peak RSI did not go above 70 anymore even if price moved higher. It was final price extension from people that FOMOed and some ponzi corporations. Last couple of days RSI...

fugasok

There are 2 trend lines. One from 2017 top and 2nd one from january 2023 + price currently trading little bit above 1.618 golden ratio

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Each candle on this chart is representing half of a year (6 months) As you can see it "reversed", as people call it, in the middle of nowhere, in the middle of big red candle from 2021 y. The only reason D. "reversed" was round number 60%. BTC Dominance moved through 12MA (green) and currently trading above it. Next level to watch is 21MA (orange and super short,...

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ETH/USD chart looks very bullish at first glance but if you look closer then you might find some bearishness in the short-term ETH formed double TOP in the spring time and since then it was in down trend. Current up move for me seems like just retest of July high. In the upcoming alt-season ETH will lead the market but before that it may drop much lower into...

fugasok Updated 

After Shib broke out from falling wedge it made 122% move but expect some retest of lower level before going much higher in Q1 Q2 2025 Good entry point could come in late december or january.

fugasok

Elastos as Layer 2 for Bitcoin have huge opportunity on the market and the best among Coinbase coins list. Last december ELA has nice pump from the bottom of consolidation period and right now trying to find a support on it. Currently you can see a bearish flag formed on ELA since march. I expect it going one last time little bit lower to grab liquidity at...

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For the short term i see those scenarios. On the 4h timeframe price broke 200MA (red line) and currently trading above it. To follow Yellow and Orange scenarios Bitcoin must hold above 20k. 200MA on 4h timeframe was strong resistance since 10th of april and in my opition that's why it is important for now. Current market structure is similar to bear flag so if...

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Current "bear market " i see as a copy-paste pattern that formed on stock market in period of 1999 to 2009. You can see basic structure on upper charts. On the bottom charts you can see Bitcoin on the left and Dow Jones on the right in 12h time frame. As you can see current bitcoin structure also very similar to DOW Jones in 2009. coincidence? We will find out...

fugasok

Little idea update. After RSI formed a huge bottoming pattern on RSI in summer 2021 price retested this trend line in january 2022. This happened as in march 2020, BUT this time we had 2nd retest of a trend line on RSI - this looks bullish for me. Yes we could see some more volatility before going higher but i will not wait prices below 25k. I think this is...

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In february i wrote an idea called "Comparing 2019 mid cycle correction with 2020-2021 on 3D chart" As an update i marked with green vertical line place where i think Bitcoin price is. As we can see on the chart this structure still in play. This takes time and we should be patient.

fugasok

I found interesting trend line on DGB-USD 2W chart that started more than 2600 days ago and recently price retested it again and reversed upwards. Since bullrun 2017 DGB formed a MASSIVE ascending triangle.I took it's height and put it on the breakout point which brought it to 8-13$. Also my targets on 8$ and 13$ were measured with FIB retracement before. From...

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Staring on the charts i noticed similar market structure on 2019-2020 and 2020-2021 mid cycle corrections. After first market top (marked with number 1) there were strong correction until the moment when RSI formed double bottom on around 34-40 level. After RSI formed a bottoming pattern there were secondary rally until 70 on RSI. Secondary rally marked with...

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ROSE gained momentum and price skyrocketed. First target is at 1490 satoshi but consider that in bitcoin pair coins usually more volatile. After first target i expect 50-60% correction and new leg up after some time. Second and my main goal is 4300 satoshi. Entering now is very risky, only for very short term. In dollar values T1: 0.56$ T2: 1.22$ T3: 5.2$ My...

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Lets look at market structure, comparing 2016-17 on 3d and 2021 on 4d chart. This cycle is longer so 4d is more reliable. First top was around april-may 2021 and after that market plunged into long accumulation, same as summer 2016. I took a measure with my fib retracement and dragged it from summer bottom 2016 and 2021 until second peak marked in yellow circle....

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Looks like bottom is in and for the next couple of weeks will be sideways and little bit up This moves on 1w and 2w time frames are pretty similar to 2013. If so we could see market top around october - november this year

fugasok

After weeks of growth Theta created rising wedge. Usually this pattern breaks down massively. It can go higher but it's very dangerous to buy/hold at this levels. StocRSI also cant sustain at this levels. I see stocRSI falling below 20, creating another buying opportunity in coming months. I think this will play out in 1-2 weeks.

fugasok Updated 

Litecoin did not perform well as BTC or ETH for the last 3 months, but in the next upcoming growth - Litecoin have potential gains higher than BTC or ETH in percentage. According to 3D chart it seems that price have bottomed and LTC ready to lead the market. Price and indicators made higher low. This could possibly be a beginning of a new uptrend. Stoch RSI and...

fugasok Updated 

As said in previous analisys - matic went sideways fighting 55 EMA(yellow dashed) and held 21 EMA (blue dashed). Price squeezed, result is breakout. Just added some more matic at 174 sats couple of days ago. My next targets are yellow lines, best guess at 0.035$. Whole movement could last untill beggining of may. Good luck!