Inverse head and shoulders forming on a rounded LINK/BTC bottom. LINK poised to outperform BTC in the coming cycle.
DOGE always pumps during crypto bull markets. Target is a 10x. See ya in a year or so. Expect acceleration once a confirmation close through the clouds.
Each Bitcoin boom has ended in about 85% draw down in 2014 and in 2017. Right now the drawdown is at 75% for the 2021 cycle. If we see a similar drawdown of 85% it will be at around ~10000. My guess is that will not happen and that our current 75% draw down is what we will get this cycle but if we get a drawdown to the low teens I'll be backing up the money...
The next time price passes this downtrend will mark the beginning of the next parabolic move on Bitcoin.
When the DXY trends in one direction, Bitcoin eventually follows the other way. The DXY tends to lead Bitcoin a bit so waiting for the DXY to begin a new downtrend would probably be a good time to start putting money back into crypto/Bitcoin.
The 20W MA has held and the cloud break looks exactly as it did after the last halving. The bull run has begun.
YFI has a clear H&S Pattern formed. Once the neckline is broke it's all downhill from here. Bearish divergence on the left shoulder and head also helps confirm strategy.
I think we go sideways for a bit while people reaccumulate alts over the next few months. Expecting a full retrace back to previous ATH.
Printing a weekly red candle for Heikin Ashi candle. Looks like the beginning for a downtrend.
Looking for a breakout in either direction for confirmation, stop set at the bottom of the wedge.
Above the clouds, strong confirmation of bullish continuation. The next bull run has begun.
Declining volume has shown to pop after downtrends. Top of the trade limited by a recent top. Token swap was today and staking coming soon. One of the first projects to get sharding live. A low market cap Binance IEO attempting new technology is a risky play but one with a huge potential for return.
Bullish divergence formed on daily BNB/BTC chart. TK Cross supporting uptrend. Looks like continuation of an upward trend from the last few month's price movements. Long term play.
Looks like we have a few bullish indicators on the 4h chart. 1) Ichimoku komu cloud has a flat top and price action loves to break through these. 2) RSI is showing a bullish divergence. 3) Inverse head and shoulder pattern. Seems like a good entry for a short term BTC gain.
We can look at the previous crosses and how the market behaved after. TK crosses are a clear indicator of market shift. Look for action through the clouds in the next coming months and keep an eye out for breakout through the clouds. The blue marks are when Consensus Blockchain Conferences happens yearly.
ARK has a lot of news coming out in the near future which I think could contribute to this movement. 1.) They have new ACES integration updates with the listener and the service with news of Bitcoin ACES integration shorty afterwards. www.reddit.com 2.) Mobile wallet release at 98% on their website. ark.io Their price did not move up as predicted by their...