This large W-pattern is about to break out. We either see it break the neckline and pump, or get rejected for further consolidation. Either way, this is a brilliant opportunity to trade this volatility.
This w-pattern has just flashed on BTC. If we break the neckline we could see a significant pump to the upside. Take this as a long signal and wait for confirmation for the breakout before trading this.
A HUGE horizontal triangle is forming on the Bitcoin chart. The measured move price target for a break up is 50k, and the target for a break down is 22k.
BTC perfectly broke out of the consolidation at the white line as I predicted 2 hours ago in my last post, which was an emergency long position alert. The large bullish momentum that has now regained control of the market is rewarding long positions generously. Congratulations to all of you who have been following along with my posts and making amazing profits. We...
If we break this line I've drawn in, we may see a huge pump. We may even test ATH again. This is an urgent Long Signal.
Bitcoin found support at approx. 30.3k. This is very bullish news because, as you can see in the chart, the level of support fell exactly upon the long-term ascending support line. This means bitcoin is still making higher lows, and also making higher highs. Now that we have seen it hit that low, the next logical step here is for the price to test the ATH of 42k...
Yet again we're seeing BTC form a chart pattern within a larger chart pattern of the same type. Here you can see a large head and shoulders pattern with a smaller head and shoulders pattern forming within the right shoulder of the larger one. Usually this pattern is bearish, so watch out and be very cautious trading under these highly volatile conditions.
Bitcoin may still have some bearish momentum left. We are currently found support at the $33,500 (approx.) level, but the price continues to push down after the short period of bullish relief. If we retest and break this level, the next relevant price target would be the 30k level, and then the $27,700 level. After we finally find support, it might only be one or...
Bitcoin has formed a long-term rising wedge and it looks as if we're at a support level currently after the 20% that happened yesterday. As you can see, the volatility is dramatically increasing as we progress in this rising wedge. However, once we progress further in the parabolic phase this wedge must be broken out of to the upside.
Bitcoin is forming a symmetrical triangle set to break out within 9 hours of the time I'm posting this. Technically these triangles have equal chances of breaking up or down, but this will likely break up due to the overwhelmingly bullish market forces. My bullish target for this breakout is $43,335. If we do break down, however, we could retest the $36,500 level...
Ethereum is forming a symmetrical triangle with a breakout timeframe within 8 hours from the time I'm posting this. Technically symmetrical triangles have a 50% chance of breaking up or down, but I'm more bullish on this one due to the bull market that we're currently in.
Bitcoin saw a tough rejection at approx 40.5k, and has been retracing since then. If this follows the common Fibonacci retracement we could see it dump a fair bit in the coming 1-2 days. I have drawn the price path down to the two most popular Fib levels, which bitcoin has frequently retraced to historically. This would be a great opportunity to put in a long...
Congratulations to everyone who has been following along with my price predictions. In my last post a few hours ago I noted that we have an M-pattern forming and may break down, and I indicated that this would be a shorting opportunity. And this is exactly what happened now, and as you can see we hit my price target perfectly.
M-pattern forming on the Bitcoin 15 min candles, and this bearish pattern may influence the symmetrical triangle to break down. However, macroeconomic factors at play could manipulate this to the upside.
A symmetrical triangle is forming on the Bitcoin 15 min candles and this is set to break out within the next few hours.
There is a head and shoulders pattern possibly forming on the Bitcoin 15min candles. Now, this may not result in a dump due to various macroeconomic factors. But I want to be objective with you guys, my crypto family, because I want you all to make amazing profits. Just watch out for this pattern and see how it develops, especially if you're a swing trader...
Congratulations to anyone following along with my trading analysis. Once we broke 36k, the neck of the "w-pattern", we saw a pump up to 36.7k. I pointed this out in my last post. We could still go higher from here, with a bullish target of 40k possibly within the next few days. However, this is bitcoin, so don't over leverage, trade responsibly, and please let me...
A "w-pattern" on the 15 minutely candles has formed almost perfectly with the neckline at approx. 36k. This is not the same "w-pattern" I mentioned earlier. This emerged as a micro-pattern with the larger "w". It's a fascinating chart pattern to form within itself, and this could be very bullish for bitcoin when we inevitably break the neckline.