Cryptos as a whole look bullish looking at their market cap chart. We created this cup and handle and now will test the resistance which we should break. Once we break I believe we will see the market go up into the 3T's. Watch the resistance break.
BTC has come to terms with this resistance level. Once we break it we should see an ath run IMO. I don't see a lot of people talking about this resistance on the daily, but it is a very strong line that we failed to break 2 times and are about to retest it for the 3rd. Watch this closely, I still believe we should see a minor dip but then try to break the resistance.
Altcoin market cap on the chart, as you can see we double bottomed out to break through that falling resistance line. We then found ourselves on previous resistance and failing to break it. I believe now we should have our last minor dip before we continue our bull run into November. I have drawn out a path of which I think fits the run the best (obviously it...
Algorand is currently in this Chuvashov downward fork. This is a bullish pattern and we should see a break of the top resistance soon. I'm looking for an entry on break or a very (very) small entry here and to scale it on the break. This could send ALGO back to the $2+ area. Watch this!
DENT is in this lovely trend where it looks like it can break out on the daily chart. I would wait for a confirmation of a break to enter, and then enter more position size if we have a pull back to that resistance and test it as new support. I believe this should send DENT to its trend high. Play with a tight stop loss and take profits on resistance...
Bitcoin is in this ascending triangle, however, I am more concerned about the resistance. If we break this resistance we are going to the 50k area soon, however, there is a possibility of BTC double topping when it reaches the resistance. The volume looks good, so I will wait for the break!
As you can see we have a very clear support level on BTC. We have big wicks when we touch support indicating a strong buyer bias to sellers. We could see a repeat of this, so I would wait for 40.7k for a long with a tight stop loss.
Nice falling wedge here on Bitcoin. Main support level is at 40,700 but we may not touch it as we are on the support on the wedge.
DOT looks really bullish with this double bottom and bilateral triangle. Would look to long with low leverage and a stop loss below support.
CELR is currently in a falling wedge and is at the support level. It looks rather good for a long from here with a stop loss just below the support level. We should bounce from here and either test the resistance or break through it.
Ethereum is currently trading within the range seen in the bottom and top white lines, which are the support and resistance. We also have an uptrend as seen per the blue line indicating a sort of ascending triangle. In most cases ascending triangles are bullish, however for us we still need to come down to the support to confirm it as a proper support. Once we...
1 Month chart looks strong for a cup and handle or double top resistance break. If we fail to break the 60k range and double top we should see another big crash to the 30k region.
Solana has the potential to extend its run. We are currently looking to form a double bottom to create the much need support and to create some buying momentum leading up to the break. Once we break we should see a pull back to bring in more buyers. Then slowly FOMO will build as we approach its ATH and of course it should blow past it.
Strong Bitcoin support here which was previous resistance. FUD did not manage to bring us beneath it so we should rise from here!
XRP Should come down to its support level down at the bottom white line.
Ethereum could break out of this falling wedge. Usually, on wedges, the security will break out on the 4th resistance test. Using the Elliot impulse I drew out a possible scenario that could play out.
Ray could do a fakeout here and come back up. If we do not fakeout we should go to test the resistance.
FTM is in a huge descending channel, once we break through the resistance we should go to $2+ I have drawn a possible break that we could have.