SHIB - Round 2. Where To Buy 🔥Our last Shib analysis played out perfectly and moved in excess of 200%!
We now have another chance to get in on this massive bullrun.
Watch for price to come back to the ascending trendline - which price has respected several times.
Wait for the bounce and enter.
Targets:
First target the -0.27 fibonacci level
Second target: The Moon
Altsignals
MATIC - Watch This LevelMatic has been on a massive bull run and we could be seeing a relief period soon. We are approaching the -0.27 fibonacci target which is also the channel resistance.
Looking for bearish price action around the 2.100 to take short.
Please note that until price shows bearish price action, we should treat this as a bull market.
AXS - Watch Out For The Next Impulse 👀AXS has been giving has incredible impulses recently. We are currently in a tidy correction and watching for a breakout.
Trade Idea:
Watch for a clean break of the descending trendline and enter with stops below the correction. First targets being the recent highs and second target being the same size impulse as the first, which would take us to the 200 level.
FANTOM - Over 1000%! When Will It Stop? 😱From one of our first analysis on Fantom, price has moved up over 1000%! We had a few more analysis posted where you could have got in on the way up.
See the linked charts to see all of our Fantom analysis.
Right now price seems to be respecting the ascending trendline. The best bet would be to watch for price to come back to the trendline and enter with stops below the trendline.
Who knows how much higher Fantom can go!
Kishu - Another Shib??KISHU is a dog-based meme digital currency that uses the Kishu Inu dog breed as its charm; similar to how Dogecoin uses the Shiba Inu dog for its branding. ... KISHU aspires to exceed a meme or a joke and serve as an actual currency.
Right now its only listed on the Okex exchange but if this gets enough traction to get on to Binance, we could see it soaring like Shib and Dogecoin!
Even if you don't trade with leverage, buying a few million of this coin and holding it can maybe make you bank! Just have a look at Shib...
THETA - Watch These Fib Levels 🤓Theta has been respecting the fibonacci levels really well for the past 6 months.
We can see an impulse down and then a clear correction which then rejects off one of the fibonacci levels.
We are now in an ascending ABC correction and testing the 50 fibonacci. We may fall from here or we might just push up a little more to hit the 61.8 fibonacci before dropping.
Targetting the recent lows of 3.500.
SFP - Going Parabolic!SFP has been showing us a beautiful parabolic curve which in theory should have an explosive breakout.
The best place to look for buying opportunities would be the bounce off the support. A confirmation of the bullish parabolic breakout would be after the break of the parabolic curve.
ETHEREUM - All Time Highs! What's Next? 👀In our last analysis we marked out the recent correction and anticpated Ethereum to hit all time highs, which it did!
We could be seeing a brief corrective period whilst we accumulate more buyers before we go for another impulse higher.
What to look out for:
- Break of the current impulse trendline will indicate the start of the corrective period.
- Corrective phase will likely be an ABC pattern back to the ascending trendline
- Watching for a bounce off the trendline for the next impulse higher
Please be mindful that we are still bullish, so any bearish movements should be seen as a correction rather than a reversal.
ICP - Seriously Undervalued! 😲 ICP's all time highs were in excess of $600!
Currently its sat below $50 which is ridiculous. Recently we saw price reject the 78.6 fibonacci and created a local double bottom. This is an indicator that price is bullish and we could see a push back up to the $88 by the end of 2021 which would give a return of over 80% in a matter of months!
Once we pass the $48 level, look for the next ABC correction and enter on breakout with stops below the correction.
First targets being the recent highs of $87.
BITCOIN - Next Stop 100K 💸Recently Bitcoin broke all time highs! We had a trendline in place to identify when the next correction period will come. Price broke the trendline and it appears we will be making an ABC correction back to one of the fibonacci levels before the next big impulse which will see Bitcoin soaring!
In Elliot wave theory, wave 3 cannot overlap wave 1. Therefore the bullish outlook will be invalidated if we fall below 53K.
Currently the best bet would be only long opportunities but there may be opportunities to short Bitcoin for the short term back to the fib levels. Watch for clear bear flags if you're entering for the short term.
We are looking for buying opportunities between the 54k to 57k.
SANDUSDT Technical Analysis⏳ Spot
💎 SANDUSDT has formed a symmetrical triangle and after the breakout by a large green candle it can go down for the retest and then continues the Bullish move
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 0.7580
☕️ TP1 0.7920
🍺 TP2 0.8200
🍻 TP3 0.8500
🍾 TP4 0.9000
🍷 TP5 ______
🍸 TP6 ______
🍹 TP7 ______
🎁 TP8 ______
🚫 SL 0.6800
Good Luck 🎲
Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️
Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
We will have more FREE forecasts in TradingView soon
Have a Profitable Day
ALGOUSDT Technical Analysis⏳ Spot
💎 ALGOUSDT has formed a symmetrical triangle, the price has got rejected from the bottom of the triangle, I expect it to move higher and after the breakout we will see a bluish move
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 1.6969
☕️ TP1 1.8200
🍺 TP2 1.9000
🍻 TP3 2.1000
🍾 TP4 ______
🍷 TP5 ______
🍸 TP6 ______
🍹 TP7 ______
🎁 TP8 ______
🚫 SL 1.6000
Good Luck 🎲
Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️
Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
We will have more FREE forecasts in TradingView soon
Have a Profitable Day
NASDAQ - The Perfect Impulse - Correction - Impulse Nasdaq has been showing very clear impulse and corrections. The corrections appear to be always an ABC contracting triangle.
We could in wave A of the ABC correction now.
The trade to look for is the impulse after wave C, which is the big move. However we can capitalise on wave B now. Watch for a bounce off the channel support. We've seen that wave B has a correction midway through the move which would be a good point to put trades at BE.
Due to the uncertainty in world economics, it is imperative to play this one safe and use proper risk management.
KEEPUSDT - Quick Buys!KEEP has had a massive pump recently and now we are seeing price action that we can actually analyse and trade.
The bearish correction appears to be over when price rejected the 38.2 fibonacci and came down to the -0.27 fibonacci.
We are looking for price to break above the 0.80 level to confirm bullish movement.
ANKR - Getting Ready To Explode!ANKR broke out of a major descending channel in August and we are now in bullish territory. Price looks to be making a big ABC correction for a move to the upside.
We can either make a rejection at the 0.0725 level or we can go further down to the -0.27 level which falls in line with the previous lows, and the support of the bullish correction we're in.
In the meantime we can look to take ANKR down for the short term.
RIPPLE - The Next Leg Down 🔥XRP finished its impulsive leg and now is in its corrective ABC phase.
We can see that price reacted to the 61.8 fibonacci and then broke the ascending trendline indicating that price is rolling over to the downside to complete the C wave.
We have 2 areas where the corrective wave can end.
First area is the -0.27 but the second area seems more likely.
Second area is the -0.618 which lines up with the previous bottom.
Looking for bear flags to take Ripple lower.
Bitcoin Cash - Downside Rollover 🩸Bitcoin Cash was in an ascending correction for the last couple of months but it broke to the downside and then created a minor correction.
The minor correction rejected the 0.5 fibonacci and now we may see it rolling over to the previous bottom to create a higher timeframe double bottom. Another confluence we have in that area is the -0.27 target fibonacci which makes it an even more high probability area that price may reach there.