DOGECOIN - Another Chance To Get In 👀In our previous analysis of Dogecoin, we had various structure levels in place to watch for price action. Price has tested our structure levels perfectly and now have another chance to enter Dogecoin.
Watch for price action around the 0.23 level where we may find support to push Dogecoin higher.
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DOGECOIN - Another Chance To Get In 👀In our previous analysis of Dogecoin, we had various structure levels in place to watch for price action. Price has tested our structure levels perfectly and now have another chance to enter Dogecoin.
Watch for price action around the 0.23 level where we may find support to push Dogecoin higher.
ETHEREUM - Do NOT Miss Out On These Reversal Zones! ⬆⬇Ethereum had a really nice bullish run recently but as with all trends, there comes a time where price needs to retrace to gather more momentum before continuing.
We can identify 2 main reversal zones for Ethereum.
First reversal area: $2900
- Ascending trendline
- Previous Structure
Second reversal area: $2400
- Previous structure
Will wait to see where price reacts and enter accordingly.
ETHEREUM - Do NOT Miss Out On These Reversal Zones! ⬆⬇Ethereum had a really nice bullish run recently but as with all trends, there comes a time where price needs to retrace to gather more momentum before continuing.
We can identify 2 main reversal zones for Ethereum.
First reversal area: $2900
- Ascending trendline
- Previous Structure
Second reversal area: $2400
- Previous structure
Will wait to see where price reacts and enter accordingly.
DOT - A Convincing Bull Leg? 🤔DOT has been steadily climbing up but if we compare it to the previous bullish impulses, the current impulse looks weak and unconvincing. It could be possible that we may revisit the lows once again before we get a catalyst that pushes DOT up!
Right now we're looking at the $19 area where price has reacted before. If we stay above this level and the trendline, we could push up the major level $28.
Look for bull flags to take this higher!
DOT - A Convincing Bull Leg? 🤔DOT has been steadily climbing up but if we compare it to the previous bullish impulses, the current impulse looks weak and unconvincing. It could be possible that we may revisit the lows once again before we get a catalyst that pushes DOT up!
Right now we're looking at the $19 area where price has reacted before. If we stay above this level and the trendline, we could push up the major level $28.
Look for bull flags to take this higher!
TRON - Break Or Bounce 👀Tron is approaching a key level where we have a bounce or break scenario.
Bounce = price rejects the structure level and comes back down.
Break = Price breaks through the structure level and continues higher.
Watch for price to keep pushing up to the 0.0825 and then watch price action to tell us where it's going next.
TRON - Break Or Bounce 👀Tron is approaching a key level where we have a bounce or break scenario.
Bounce = price rejects the structure level and comes back down.
Break = Price breaks through the structure level and continues higher.
Watch for price to keep pushing up to the 0.0825 and then watch price action to tell us where it's going next.
FANTOM - Higher Timeframe Overview 🔥Recently we saw a retest of the impulse generation point from late feb 2021. Price rejected that area and is moving up in a series of impulses and corrections. Wait for the next bull flag and then enter. The short term target is the 0.40 level and the longer term target is $1
FANTOM - Higher Timeframe Overview 🔥Recently we saw a retest of the impulse generation point from late feb 2021. Price rejected that area and is moving up in a series of impulses and corrections. Wait for the next bull flag and then enter. The short term target is the 0.40 level and the longer term target is $1
Dogecoin - Up by 75%!In our last analysis we were looking at the triple bottom for a reversal. Price pushed up 75% from our reversal zone!
We are seeing some resistance now at a structure level that we marked out. Looking for a retest of lower timeframe structure at 0.225 to take Dogecoin even higher.
If we break 0.28, watch for price to come back and retest that level for a buy.
Dogecoin - Up by 70%!In our last analysis we were looking at the triple bottom for a reversal. Price pushed up 75% from our reversal zone!
We are seeing some resistance now at a structure level that we marked out. Looking for a retest of lower timeframe structure at 0.225 to take Dogecoin even higher.
If we break 0.28, watch for price to come back and retest that level for a buy.
ETHEREUM - To The Moon!In our last analysis we were bullish on Ethereum and was looking for a bounce off the structure level of $2400. Price retested that level and shot up over 30%!
We have now past another significant structure level $2900 and looking for a retest of that area and trendline to take Ethereum higher!
ETHEREUM - To The Moon!In our last analysis we were bullish on Ethereum and was looking for a bounce off the structure level of $2400. Price retested that level and shot up over 30%!
We have now past another significant structure level $2900 and looking for a retest of that area and trendline to take Ethereum higher!
Bitcoin - Back To All Time Highs!Bitcoin has been moving really well recently and following almost all the rules within technical analysis framework.
We were looking for longs from the 30K levels and we've pushed up by more than 12K! We are now watching for a retest of the 42k level where we have previous structure and an ascending trendline.
This could very well be the move that takes us back up to the all time highs!
Bitcoin - Back To All Time Highs!Bitcoin has been moving really well recently and following almost all the rules within technical analysis framework.
We were looking for longs from the 30K levels and we've pushed up by more than 12K! We are now watching for a retest of the 42k level where we have previous structure and an ascending trendline.
This could very well be the move that takes us back up to the all time highs!
1INCH - Watching Closely...The last time we analysed 1inch, we broke out of the ascending correction and we were expecting a drop back down below $2. Price then went on to create a double top before dropping more than 50%!
The move up we're seeing now isn't convincing. We could be revisiting the $1.60 soon for a double bottom reversal! Keep an eye on this...
1INCH - Watching Closely...The last time we analysed 1inch, we broke out of the ascending correction and we were expecting a drop back down below $2. Price then went on to create a double top before dropping more than 50%!
The move up we're seeing now isn't convincing. We could be revisiting the $1.60 soon for a double bottom reversal! Keep an eye on this...
NEO - About To Breakout!Neo has been on the radar for quite some time as it's a good short to medium term investment.
We are approaching a really good area to look for buys. We had a nice move up and now we look to be in a bull flag.
Watching for a breakout of the bullflag or a strong rejection of 38-39 level.
NEO - About To Breakout!Neo has been on the radar for quite some time as it's a good short to medium term investment.
We are approaching a really good area to look for buys. We had a nice move up and now we look to be in a bull flag.
Watching for a breakout of the bullflag or a strong rejection of 38-39 level.
THETA - Breakout Pending...As with most other cryptocurrencies, we saw a double bottom reversal chart pattern indicating that we are at the end of the bear trend. We are now hovering just below the trendline that will determine whether or not we are in for a bullsih reversal.
We can see that price made a move up and now hovering - basically a bull flag. For confirmation, it would be wise to wait for a bullish candles breaking both the consolidation period we're in and the descending trendline.
We could be at the start of the next big break!