XRP successfully completed the bull flag move to the 1.272 fib level. Forecasting a drop back to the $1 USD level from here.
Price is consolidating at 100K resistance area most likely preparing to recede to lower demand zone at 69K. From here expecting a move to 90K.
Price revisited supply zone between 105-108K and failed to break after clearing the resistance at 102K . Looks like a revisit to 90K is next.
Textbook formation of inverse H&S pattern on CRV. BTC rally as we head to trump inauguration will provide enough fuel to boost the price to $1.3 area. This will be the left shoulder breakout .
Price is struggling to break the supply zone area at 102K. First scenario is bears manage to push the price down from here. If bulls manage to break through second scenario is a short from 108K (double top)
Long term BTC has without a doubt printed an inverse head and shoulders pattern but that move to 108K was a breakout move. Buying pressure slowly dying down and as people move to take profits I'm expecting a pullback to the 69K area. Inevitable.
Bulls defend 90K with price finding support at 90.3K Chart pattern looking like a symmetrical consolidation overall. I think the next move is up to 102K supply zone again
Price fails to stay above 185 support line. Break below 180 bear flag?
Looking at the 4HR chart price has found support at the 78% fib level, higher than the low at 0.67. The shape formed is clearly an inverse head and shoulders pattern. That dip might have been a shake off for overleveraged buyers and the real long begins from here. BTC has also maintained above 90K. The first check point should be around the 23% fib level at...
Price has completed final wave down in short term consolidation hovering above 0.8 supply zone. Looks like a potential reversal long to the 0.95 fair value gap. Momentum indicators on higher time frames are also bullish and seem to agree.
Looks like bulls are defending the 90K area with price finding support at 91K short term. MACD is also looking bullish short term. Next area to watch is 98K supply zone for a potential reversal as bears aim to break the 90K demand zone.
Head and shoulders pattern spotted on 15 minute chart as price fails to close above 192. Time for Solana major correction
Looks like it's time for a major BTC correction. 94K support failed to hold. Next target for bears is the 90K support line which looks primed to break. If this fails bulls will try to defend the 85K support . If this support holds, a relief rally to 98K is possible before we start looking at the possibility of a drop to 75K.
Inverse head an shoulders pattern spotted on CRV 1 hr chart . Left shoulder bottom coincides with strong demand zone between 0.82 and 0.88. Primed for explosive upward move to 1.9 resistance
Price looks like it's found support at 190. That was the last wave down in the symmetrical triangle. Time for a breakout .
Price is still consolidating within symmetrical triangle. Expecting bulls to step in at the 184-182 demand zone . Next resistance area to watch if bulls keep price above 180 is the 195-197 supply zone
Inverse H&S pattern on BTC 1 hr time frame. Looks SEC ETF news was strong enough to prompt a reversal . Long till 120K
Mad volume on CRV right now. After revisiting demand zone between 0.618 and 0.5 fib levels bulls have taken over with no visible resistance in sight.