ETH Testing ATH SoonThis ascending triangle seems very bullish . Very strong support below where we're at. EMA ribbon bullish . The measured target would bring us to test the ATH again. What do you guys think?
Alltimehigh
BTC - ATH or 20K again? Keep an eye on these levels!Hi Traders!
These are the levels to watch right now!
Bitcoin Inverse Head & Shoulders, Reaching New All Time Highs??As you can see bitcoin could be setting up an Inverse Head & Shoulders which could potentially bring us to new All time highs! For this Inverse H&S to fully play out we will need to break the neckline at around $36,712. Once this is broken I will be looking to enter a trade which is a really good spot to enter as the pattern will be confirmed. Usually with these patterns when bitcoin breaks out most times you will see it come back to retest this level before going back to new levels.
Bitcoin has dropped about 27% within the past couple of days but as you can see the local bottom has gotten bought up really quick. This shows that the bulls are still here and ready to try and bring this to higher prices.
Stocks To Watch This WeekThe Bull Market is strong, the end of 2020 saw many growth names pull in or consolidate which gives a better reward to risk entry. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 30 total stocks on this list. I add an additional 3 stocks that are on my potential short squeeze watch list. Many of these have IPO'd in the last few years and still have a growth story ahead of them. Know your time frame and risk tolerance, grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!
ETH/USDT Big Move Incoming: New All-Time-High Soon?ETH/USDT is forming a pennant on the 1H chart. With all the bullish sentiment surrounding Bitcoin and crypto in general I'd be very surprised if the pennant breaks out on the downside instead of on the upside.
My previous few ETH calls were spot-on, let's hope I'm right again! Would be truly amazing to see a new ATH on ETH in the near future.
I've marked two areas of resistance on the chart, R1 and R2. R1 based on the most recent top and R2 being the last major resistance before the ATH around $1430. Be careful around those areas, happy trading!
An Apple A Day Keeps Bankruptcy AwayHello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: APPLE is sitting around a strong supply area in blue and its All-Time-High so we will be looking for sell setups on lower timeframes.
on H1: APPLE is forming a trendline in red but it is not valid yet so now we are waiting for a third swing to form around it to consider it valid.
Trigger: Waiting for a momentum candle close below the gray area to sell.
and until the sell is activated, this one would be overall bullish and can still dive inside the blue zone.
As price approaches our lower green support, we will be looking for buy setups.
Good luck!
Big Cup Of FET/BTC #Fetchai $FET #fet #cryptoHere we see our Binance FET weekly chart . It appears to be forming a massive cup structure . That would take us back up to the .706 fib near
9900 sats to form the top of the cup . A handle would form after that possibly taking us much higher.This obviuosly would not be happening until the later part of the year to reach these upper levels - but in a bullrun year it is very possible to get there . Also ETH is close to reaching its' previous All Time High of $1400 approx . So other coins may also revisit their All Time Highs , since ETH leads the way . FET All Time High was
above 14000 sats . That would be great ! Also it appears we are Blue Skies above 3250 on the weekly chart as that is our last resistance there . This looks good .
BTC On Its Way To $42,000 According to Late 2017 FRACTALIn this technical analysis I will explain why $42,000 is a very realistic scenario for the price of bitcoin. According to the fractal from late 2017 we would still be able to have an upside potential of at least 20% before we enter a downtrend again.
From a TA perspective it seems hardly sustainable to see the price of BTC grow as much as it has this recent time period, but planning the trend reversal (besides being potentially very profitable) is going to be extremely hard.
The yellow line is drawn by taking the price data from the late 2017 to early 2018 period. This was the moment the previous bullrun happened and when we printed our previous ATH of slightly below $20,000.
Applying old data onto a current chart is called a 'fractal' and gives you the opportunity to understand what might happen in the future or what empirically could be a realistic scenario.
Using this specific fractal we can get an idea of what a realistic pivot point could be and what a realistic price target could be on a BTC that is still rising every day.
The incredibly sharp drop witnessed after the previous bullrun is what should scare you. The drop can be very very intense after the top has been seen. A chain reaction of panic can cause the price to drop really really quickly.
Just imagine when people start selling, the price will drop and newspapers and newschannels will start reporting on the drop. This will in turn create a very widespread awareness about the fact that the price is dropping and might cause even people who don't look at the chart daily to log in and start taking action.
We have seen a similar concept of course in the rise of the price. As soon as the all time high broke, lots of people would have been notified about bitcoin who previously weren't concerned about it. Simply because the media helped to spread awareness.
This caused the chain reaction that pumped the price to these massive new heights.
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Bitcoin - New All Time HighI just had to post this chart before Bitcoin broke into a new All Time High.
Exciting times!!!
BBS Out.
CRAP! It already broke out while I was typing. LOL
BTC - still long, the retrace has arrived. Update to BTC:
A fresh all time high, created a great drop to fill the balance.
A new fresh top formed. Price has fallen but stopped at a great level of imbalance.
What now?
We will expect price to form a pin bar - for the bulls to close out the 7500-8000$ drop, however price will close within a nice range between the fresh top and new demand break.
If you are holding longs and still comfortable.
continue to hold with hedges accordingly at levels where price has reacted .
The chart shows us:
Maxed out weekly, monthly tops, creating a new all time high for the coin.
with a strong bullish movement, a potential correctional movement can take place in the run up to the holiday season.
Keep track of the US impact for the stimulus bill and further pumping of data on unemployment. - the stimulus package has now been agreed for $900bn and the vaccines are now rolling out.
The US market is looking to continue growth upon the federal spending and position itself with forecasted growth into 2021.
Zones to watch for long additions.
$24,000 - 25,550
$30k target - nearly there, however 29k is the -0.786 extension target. - this was completed over the weekend 2nd, 3rd January.
We now have an imbalance to fill back to $22.5 to 24k - this will be the pivot level for longterm outlooks.
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APPLE waiting for the sell around its All-Time-HighHello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for APPLE, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
APPLE testing its All-Time-HighHello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: APPLE is sitting around a strong supply area in blue and its All-Time-High so we will be looking for sell setups on lower timeframes.
on H1: APPLE is forming a trendline in gray but it is not valid yet so now we are waiting for a third swing to form around it to consider it valid.
Trigger: Waiting for a momentum candle close below the gray area to sell.
and until the sell is activated, this one would be overall bullish and can still dive inside the blue zone.
As price approaches our lower green support, we will be looking for buy setups.
Good luck!
$BTC BITCOIN DUMP ALERT & SELL SIGNAL Bitcoin hit alltime high of $26,000 and price is expected to retrace towards $12,000 to $8,000. This is legit the beginning of the bearish overbought sell off. Be warned!!!
Bitcoin - Breakout 1 vs 2 (current) - Approx. 386,000 USD targetBreakout 1 took 17 3M bars from start to finish, with an eventual increase of roughly 1600%.
If Breakout 2 does similarly (17 3M bars and eventual roughly 1600% increase), price would also "coincidentally" top out close to Fib level 2.618, which is accompanied by a price of roughly 386,000 USD.
In a few days at December-end, we will start 3M bar 14 of 17.
Finally, 3M RSI should top out above 98 but then close near 98 in 3M bar 17.
I am trying not to get caught up in the weekly or even monthly swings at this point, as both the technicals and fundamentals (long story in itself) support a price near 386,000 USD, and we seemingly have the momentum to reach that approximate level in just a few more quarters.
Cheers
Deja Vu 2017 - Alt Buy Time ? BTC/USD #Bitcoin $BTC #crypto #btcHere we see the Bitcoin daily chart from Bitstamp which shows Bitcoin from 2014 to 2017 . Why is this important ? Because in February 2017 Bitcoin returned to its' previous All Time High around 1000 dollars - you see on the chart this is marked with purple stars .And when Bitcoin returned to its' previous All Time High from early 2014 it turned out alts were in great buy zones . For instance Xrp Btc pair , if you had bought it in February 2017 (where Btc hits that ATH with the purple star ) if you had bought Xrp then you would have seen it go at least 40x ! Now that doesn't mean coins will go 40 times but it seems alts are usually a good buy when Bitcoin revisits its' previous All Time High . Could we be seeing Deja Vu happening here ? I can only say these patterns often repeat but I'm so curious to see what happens !
CARDANO READY TO TEST ALL TIME HIGH?Currently above trendline, and now testint horizontal support. If the support holds, this will be a good place to buy Cardano. We had a huge drop in altcoins earlier this week, but now I think we are ready for huge upsides in different altcoins.
Remember to have proper risk management. Maximum 3% of your capital, and don´t over-leverage.
Let your winners ride, and cut your losers short.
Please leave a like or a comment if you find this analysis helpful!
BTC NEW ATH!!Just a random thought came while watching panic in the market, people are liquidating their investments from XRP, there is a fair chance that they are also taking out their money from XRP and investing in other strong cryptos like BTC. If this would happen there is a fair chance that then BTC would go up without going below 23K...
Not financial advice just an idea to share with the community...
BTC Going To Test ATH’s Again?BTC has been sitting in this consolidation range for the past few hours. The current price is directly in the middle of this zone with a short term bullish trend forming.
I can see the potential to retest the upper resistance levels around 24,000, a pullback to the middle of the range, and then bounce to test the ATH once again.
This is a bullish scenario, and the market could move in the opposite direction. If this is the case in the next 1-2 hours, I would like to seen it drop to the lower support zone at the bottom of the consolidation range, and then monitor price action on the 1H/4H charts to react accordingly!
Good luck :)
- Chigz
DAILY TECHNICAL ANALYSIS FOR BITCOIN ($23,850 s/r aoi)-Yurlo
Fibonacci levels are on the left side, key trend lines, support, and resistance zones are circled.
Let me know if you have any questions, and if you have any questions feel free to send a message my way or comment.
Are youy bullish or bearish going into tomorrow and the following week?
NEW ATH BITCOIN (All time high) ROAD TO $35,000 $USD-Yurlo
New all time highs going into a Monday in 2 days....the road to $35,000 has begun friends.
Nasdaq Set for ATH - Bearish Pump FirstAfter a couple of resistance breakout failures - ending in consolidation, #Nasdaq eyes a more attainable price of value before prepping for new all-time highs #ath
