Alltimehigh
Bitcoin Setting Up For The Biggest Move!! 50k+ Incoming ?!?!!!Bitcoin has been consolidating around these areas for a couple days now, but seems like bitcoin is setting up for a crazy move VERY SOON! As you can see with the photo above, you can see Bitcoin looks very similar to the pattern which is the same exact thing Bitcoin did in the 2017 Bull Run which is showing that we can see 1 more dip to the downside before having its next major rally to newer All Time Highs!!!
As you can see here this is Bitcoin in 2017 during the major bull run. Bitcoin has been consolidating for a while as it was cooling down, taking out the weak hands before having a major rally and hitting 19k 2017 high.
Lets see how this plays out! Will we repeat 2017!?
ETH may be starting its catch up runEthereum usually follows the movements of Bitcoin. However, in the last 18 days, Bitcoin has had a massive run while Ethereum has stayed proportionally behind. BTC has gone 75% over is previous ATH while ETH remains 45% under its ATH. Suppose we are about to see a catch up run like in 2017. The gold denominated resistances are 20grs and 33grs. At current prices that is $1,220 and $2,013 respectively.
A run for the 2,000 dollars area could take the ETHBTC pair above the channel it's been for two years.
The idea of using resistances denominated in dollars-per-grams-of-gold is to account for the depreciation of the dollar.
Stonks Make New Highs!! What's Next??As you all are undoubtedly aware, stocks made new highs yesterday. They met resistance exactly at 3856, the level we called out for weeks. Finally they inched past this level to 3867, where they are currently facing resistance. Almost certainly they will break out higher. They could range to feel out this new price territory first, however, so don't get too excited. The S&P is at highs, so jumping into a long trade would definitely be FOMO. It is certainly possible that we could retrace to 3825. The Kovach OBV is very strong, so we are in buy on dip mode. Nested Fibonacci levels give us a price target of 3887, and then 3935.
HTG - High Growth potential - Bullish Chart!Nice looking chart. Moving on strong volume. HTG is Still a relatively small market cap which could easily grow earnings quickly, particularly if the CV environment persists. Expecting continuation of bullish trend.
Key technicals - Breakout of wedge and all time high which likely acts as strong support moving forward.
Key Fundamentals - Leading Remote IT technology company focusing on the bullish resources sector. Will grow strongly for the forseeable (CV)+ moving into US and Europe markets is planned.
Failure Is Not An Option in 2021 BTC/USDT #Bitcoin $BTC #cryptoHere we see our Bitcoin daily chart from Binance . You will notice a blue line that shows where our previous All Time High was from 2017 near 19800 . Will Btc repeat it's performance from last time and rise almost 18 times up ? Why 18x ? Well back in early 2017 when Bitcoin revisited it's previous All Time High from 2014 near 1100 that ended up rising about 18 times up to 19800 at end of 2017 . We just revisited that 19800 high in December 2020 and we've blown past it . If we went 18x from there , where would that take us at end of 2021 ? Well 18 times 19800 is 354600 ! Could that even be possible ?? I don't know . We could be seeing diminishing returns here as Bitcoin matures but even 10x up from our previous All Time High would take us near 200k . And that would be excellent too ,if it happened. Let's see where this goes . See attached idea regarding Bitcoin's last Ath.
ALPHA/USDT Following A Bullish Channel: New All Time High?ALPHA is following this channel since it's inception back in October. With price action picking up, I'm sure we will see more things coming from this coin.
For now, I've marked the first resistance, R1, at the all-time-high. The second resistance R2, is placed at the strong resistance of $1.
Happy trading!
Bulls need to hold ATH levelEth stormed into new all time high territory yesterday. To ensure that we stay bullish in this alt season the bulls should retain ATH level as support. If we see a resumption of the support line today this is very bullish and means we would enter price discovery territory.
$2000 Ethereum (ETH) By Early February? Price Discovery PhaseEthereum is getting really juicy and with much reason. These are very exciting times for Ethereum. As the cryptocurrency market matures many people are realizing Ethereum is not only essential, but a vital part of the entire cryptocurrency ecosystem, especially in Decentralized Finance (DeFi).
We've broken through a major milestone and resistance area since great 2018 boom surpassing trading in the $1300 -$1380 zone. We have an ascending channel developing on the 4 hour for the past week. If this channel and momentum holds we will be at the great psychological number of $2000 by early February or sooner. Of course I say this in a "perfect" case scenario.
We are on the starting line for a new price discovery for Ethereum this week. If the trend doesn't hold we fall back down to previous support levels.
Please understand and take caution that we are also in oversold territory for Ethereum.
Support Area: $1225
Resistance Area: Price Discovery
Cheers everybody! Much peace and love. Happy trading and Investing.
JUBILANT LIFE SCIENCES : PHARMA STOCK BUY : UNCHARTED TERRITORYThe stock is forming higher high and higher bottoms in longer time frame charts, which shows that
stock is in upside trajectory. The stock has given a breakout from it's previous big resistance and is sustaining those
levels as well. Keep stop loss of 870 and buy for medium term (i.e. for 8-10 months) targets of 1150 (17%) and 1250 (27%).
**ideas are my own** invest as per your risk taking ability**
ETH contending with ATH; break-out imminent if it holdsEthereum has finally made it back to its previous all-time high. If it contends with this level and holds above it for at least 2 to 3 trading days, I could see ETH going to 2,000.
No matter what the financial vehicle, more often than not whatever it is will struggle with its previous all-time high before breaking through it.
Bitcoin - New Dimensions 🌌Usually, we are consciously keeping a back-door open in our analyses, which always feature alternative scenarios, in case of surprises. Not for Bitcoin . Here, we are in a whole new dimension, as there is only one direction for Bitcoin’s price development, namely: UP! We correctly predicted the turnaround in the yellow box, and we are now heading towards new all-time highs way beyond $41969. Forget the trains, airplanes, and rockets… we’re sitting in a space ship with this one, folks!
Happy trading! 🛸
XLM/USDT Bullish Triangle Break OutXLM is on the verge of breaking out of the bullish triangle. With all large caps seeing strong momentum, this could only be the start for XLM.
I've marked two areas of potential resistance on the chart, R1 and R2. For now, these areas are our main targets for the current trade.
Happy trading!
Ethereum's New All-Time-High On The Horizon: Bullish TriangleFor quite some time I've been very bullish on ETH, with good reason. The biog caps are in for a wild ride after it seems that Bitcoin has reached its top recently.
In my other ETH posts I kept the targets relatively close since I was unsure if the alt-coins would gain more momentum. It seems they are doing exactly that.
Since we both broke the upper resistance of the bullish triangle and formed a new local high since years, I see ETH/USDT gaining more momentum. The next major resistance will be at $1450, the all-time-high. I'm quite confident we will reach it either today or tomorrow. After the ATH is reached, it all depends on price action. If we manage to blast through the resistance with a lot a volume and a big candle, we could potentially reach $1700 within a day or two. I've selected $1700 since it's based on today's the second pivot point.
Happy trading and best of luck!
ADA/USDT Reversing From All-Time-HighLast night, ADA/USDT managed to reach the ATH around $0.39, impressive!
With Bitcoin edging lower, I'm expecting most USDT pairs to follow suit. Since ADA is one of the pairs which hasn't really corrected downwards in the last two days, this is a good moment to initiate a short position.
I've marked two potential areas of support on the chart, S1 and S2, based at recent lows. I'm expecting some consolidation around those areas. Happy trading!
Great Expectations LINK/USD $LINK #link #cryptoHere we see our Weekly Link Usd chart from Binance . It actually just hit it's All Time High again today ! Near $20 .But look to the left hand side of the chart and notice our All Time Low near 13 cents , in late 2017 - over 3 years ago . That means LINK has gone 146x up in just over 3 years ! 146 times up .That's quite amazing and if you're thinking long-term you might wonder what the price of LINK will be in another 4 or 5 years ? Well , many think LINK will easily hit either $100 $500 $1000 or more during this Bullrun year . It's hard to know but if Link hits $100 this time , end of this year ... does that mean 4 years from then we could see a $14600 LINK ? Of course LINK has a higher supply than Bitcoin does so the question becomes more complicated .There's 400 million circulating supply of LINK right now and Bitcoin total supply is only 21 million . But crypto is also growing exponentially with Institutional money investing now . Could it be possible if LINK hits $1000 this time that it then can go up 146x to a price of $146000 in 4 or 5 years ? What a thought !
If BTC able to break ATH this is more likely to fly to 60KAfter price follow prediction and hit target second time. Now we gave support line and trading zone. From today situation I don't think Bitcoin will dump after this anymore from 9-12 we see alot of buyer buy big amount of Bitcoin at that price.
This is medium target price should go to target in the green zone but be careful about the turbulence.
PS. This is not financial advice.
Bitcoin On Fire: New All-Time-High Coming?Bitcoin has seen some amazing growth in the last couple of hours. At the moment of writing, BTC has finally reached $40k again, like I predicted in my previous BTC post. So now's the question: where too next?
Next target for Bitcoin is the ATH around $42k. With current price action, we could reach it tomorrow already. After that, the price is in uncharted territory. Seeing how Bitcoin behaved the last time in uncharted territory, we could see it reach $50k or more. Happy trading!