HOOK has yet again reached the bottom support. I've made several analyses on this pattern already, and every time that HOOK touched the support it has resulted in a bounce.
Keeping my targets close, blue, because BTC can move erratic during Q2 earnings week.
In my last ATOM analysis I already talked about this triangle and that I expected some kind of bounce. My initial target was the top resistance of the triangle, but after a 15% move we fell back down.
Since we've now fallen through a 10-month support, I think that we're going down more.
I'm looking at 10 and 9 usd targets.
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Here EUR/CAD market is making poll and flag pattern after that market showed a good move by taking its breakout and then rallying with a good retracement so we can see a good swing target or a good long movement in this But before taking entry in this, consult your financial advisor.
APT has been in a steady decline since late January. With BTC taking a more bearish stance, it's to be expected that APT will also drop further.
Long-term, I'm still bullish on APT. However, there's little technical reason to buy now.
I'll start to be interested again once APT reaches the bottom support of the channel. Note that the bottom diagonal line is a...
Could we be seeing a possible head and shoulders pattern forming here with Ethereum? If so we could see price push up to HKEX:1910 before it falls down to $1567.
In my most recent BTC analysis I talked about the rising wedge pattern that was formed and my bearish short-term view on the market. Both targets have been hit, with 27,200 marking the bottom area. Congratulations if you took the trade!
Bitcoin is currently oversold at the longer time frames like the 4H and 8H. Consequently, I'm expecting some kind of bounce in...
Over the course of the last few weeks I've made several analyses on BTC and the Elliot Waves pattern it's potentially trading in, see below for the most recent one.
In my previous analysis I argued that there was reason to believe that the third wave topped because we were trading inside a very important area of resistance and the RSI was touching the...
People say that timing the market is difficult. But is it really?
The monthly Bitcoin RSI seems to be following a very predictable pattern since its inception back in 2011. Actually, the pattern is so predictable that we can draw a perfect channel onto it.
Bitcoin tops around the time that the monthly RSI hits the top resistance, and bottoms once it hits the...
In my most recent GALA analysis I talked about the fact that I expected the bottom support of the triangle to hold. The target was the top resistance, which has been hit yesterday!
For now, I'm going to be patiently waiting for the break out to confirm on higher timeframes. We've got a fake-out yesterday, so enough reasons to be careful.
Two blue lines are my targets.
An idea that I am using counting this inverted head and shoulders pattern.
I have outlined all the points on chart.
Kind of look at the chart with a slight left tilt to your head and you will see the H&S perfectly.
This might be a bit of an outlandish idea so let me know what you think.
Bix
i have sent out weekly forecast on this one i have more updated pattern as the week goes by we see more looks clean i don't think it will break to the down side because of strong resistance also htf suggests bullish condition
In my last DOGE analysis I talked about the fact that Elon Musk updated the Twitter logo to the Doge icon, which naturally has led to a big move upwards. However, like often has happened, DOGE dumped right after the bullish news. Still, my first target got hit fairly quickly, so congratulations if you took the trade.
Inititally, I thought that DOGE would go...
A couple of weeks ago I made an analysis on HOOK and the channel it was trading in. My expectation was that we'd see some kind of bounce, which has now occured yet again.
I'm looking for a move towards the blue target areas. HOOK saw an amazing start of 2023, so investors' interest is certainly there.
Over the course of the last few weeks, BTC has been trading very bullish. However, a rising wedge pattern might cause a minor correction in the near future. This might be the 4th leg of my Elliot Wave pattern analysis below.
If we can close the day below the support, I'm expecting further selling. Targets in blue.
Note that I think that there's still more gains...
Hello Traders!
Welcome back to another trade with analyst Aadil1000x.
Yesterday ETH shocked us with a strong bullish move and it changed the whole structure. Now bulls are taking control of ETH.
If ETH forms a pattern at 2111 then it will swing from the top but if it forms a pattern at 2131 then it will keep rising.
Don't forget to hit the like button and...
AVAX has finally broken out of a 8-month pattern. With some luck, this might be the start of a new bullish era for AVAX, which has arguably been lagging a large portion of the market.
Keep in mind that BTC took a dive today, so the current break out might be a fake-out. I'm waiting for tomorrows candle.
In case of a confirmed break out, targets in blue.
After properly collecting our data from the Monthly timeframe, we have identified our Monthly market structure which price successfully rejected the resistance twice TSE:2070 . NOW Market is about approaching the same monthly structure the third time again.
Using the last two price data, market rejected the monthly level and rapidly, the price declined to the...
