Get started

Aiitempire

Bitcoin Analysis [January 28, 2022]BITCOIN analysis update (Daily Chart) (Falling Wedge) Focusing on current price action, we have a Falling Wedge. We will be expecting price to break resistance line to the upside, do a retest on the resistance line or at a previously bullish injection zone, then continue its upward movement to hit take profit targets 1 to target 4 where we will be expecting good reactions respectively. This analysis is invalidated if price drops and closes below support line. Note that its upward movement to hits respective targets won't be a straight push. Equally have in mind that the targets represent zones and not just a particular price. Kindly note this is not a signal. This article is for educational purpose and not a financial advice. As we know, the cryptoverse is a highly volatile ecosystem. Do your due diligence.
BITSTAMP:BTCUSDLong
by MaestroPee
Bitcoin Analysis [January 28, 2022]BITCOIN analysis update (Daily Chart) (Inverted Head and Shoulder Pattern) Following the completion of the Head-and-Shoulder pattern, we can easily see a on-going Inverted Head-and-Shoulder pattern formation. We have that the left shoulder and left section of the head are fully formed. We are anticipating the completion of the right section of the head and the right shoulder. This head is invalidated if price drops below its lowest, and thereby elongates the head structure, but If price further goes up, we should be expecting good reaction after the completion of the head structure. Note that it is not a necessity that price action follows the path drawn but this gives an insight to what is expected. Kindly note this is not a signal. This article is for educational purpose and not a financial advice. As we know, the cryptoverse is a highly volatile ecosystem. Do your due diligence.
BITSTAMP:BTCUSDLong
by MaestroPee
1
Bitcoin Analysis [January 28, 2022]BITCOIN analysis update (Daily Chart) (Inverted Head and Shoulder Pattern) Focusing on most current price action, we have a small on-going Inverted Head-and-Shoulder pattern formation. We will be expecting the push to the FIB 61.8% zone where we should be expecting good price reaction, before the continuous push to its 100.0% zone after the 61.8% zone is successfully broken to the upside. The ultimate take profit zone is its 161.8% zone. This pattern is invalidated if price drops and closes below FIB 0.00% zone. Note that it is not a necessity that price action follows the path drawn but this gives an insight to what is expected. Kindly note this is not a signal. This article is for educational purpose and not a financial advice. As we know, the cryptoverse is a highly volatile ecosystem. Do your due diligence.
BITSTAMP:BTCUSDLong
by MaestroPee
Bitcoin Analysis [January 28, 2022]Fibonacci retracement tool and trendlines were greatly implemented in analyzing this one (1) week candlestick timeframe (TF) chart. A new support line is drawn to which was respected. FIB3 and FIB4 are also redrawn. We therefore have a new FIB4 take profit zone, but before smashing that price, we should be looking forward to a crazy reaction at FIB4 50.0% zone and its 100.0& zone. The support line will be considered invalid if it is successfully broken to the downside with a close of a candlestick. Either FIB3 and FIB4 will be considered invalid if price drops below 100.0% and 0.00% respectively. Kindly note this is not a signal group. This article is for educational purpose and not a financial advice. As we know, the cryptoverse is a highly volatile ecosystem. Do your due diligence.
Long
by MaestroPee
Solana Analysis [January 26, 2022]Inverted Head and Shoulder Pattern. Trendlines were greatly implemented in analyzing this one (1) day candlestick timeframe (TF) chart. I believe the chart pattern says it all. Ultimately, we will be seeing ourselves at all time high soon, with Fib giving an insane take profit price. Note that it is not compulsory that price action exactly follows the path drawn, but this gives an idea about what should follow. Feel free to comment. Kindly note this is not a financial advice. As we know, the cryptoverse is a highly volatile world. Do your due diligence.
SLong
by MaestroPee
Decentraland Analysis [November 14, 2021]AB=CD pattern, Fibonacci retracement tool were greatly implemented in analyzing this one (1) day candlestick timeframe (TF) chart. The picture explains it all. AB = CD pattern & FIB are saying take profit around $6.6 zone. At carefully observing the price action, an almost concluded symmetric triangle and a bullish flag pattern can be seen in formation. Feel free to comment. Kindly note this is not a financial advice. As we know, the cryptoverse is a highly volatile world. Do your due diligence.
Long
by MaestroPee