ATH
Bitcoin all time high's compared to fiat money supplySo i have to give credit to Benjamin Cowen for the heads up on the money supply vs bitcoin chart. You can go find him on youtube for some very good TA analysis, not searched for him on here yet, if u know his username please link it below
This chart is to compliment previous published idea to give an understanding of how the extra money being madly printed has an effect on the bitcoin all time highs (ATH)
We can clearly see how we have not really broken through yet to claim this cycles top value, in which we could see 6 figures by the end of the year, unless some blackswan event takes place, im about 70% certain were going to come very close if not break out above, its a huge psychological level too.
Please give a thumbs up if u like the chart and follow along for more Bitcoin and crypto charts in the future
peace up
Long🟢 Falling Channel, Descending Wedge, Zone Support, New ATH Deep AI detected Falling Channel.
Falling Channel is a bullish pattern.
Our Neuro-Fuzzy Botnet thinks breakout.
Also, Machine Learning detected Descending Wedge.
Descending Wedge is a bullish pattern.
Again:
Our Neuro-Fuzzy Botnet thinks breakout.
Linear Regression computed:
1st Target is the bottom white box.
In an optimistic scenario, Top white box is possible.
Fuzzy algorithms show a hidden uptrend.
- Whale Monitor detected zone support.
See cyan area!
RSI found support.
🚀 We think you can send Bitcoin .
SAND in danger !Hello traders, welcome back.
* This is not a financial advice, use the idea with your own strategy and risk management *
I published an analysis on Sand few days ago, explaining what has happened and what is probably going to happen, you can read it here :
anyways, I explained that we would probably hit ATH once again, as we did so, its time to decide;
Currently price is forming a doji candle stick on daily chart and an engulfing bar on 4h chart, for daily we need confirmation of todays close and tomorrow.
but as we hit ath we might form a double top which is a bearish pattern.
I wouldn't recommend any buy or sell order here, all I wanted to warn is that this thing might go down so save some profit and put your sl on breakeven to prevent from any loss.
* This is not a financial advice, use the idea with your own strategy and risk management *
I'm writing about most of crypto currencies;
Follow me on TRADINGview so you wouldnt miss out any updates.
Like if you think this was helpful and let me know on the comment section below.
QFIN, A journey to the new ATH ! QFIN has started a journey to the new ATH after a massive predicted decline ! How it will play from now on? Lets follow the prediction.
Previous earning report stopped the declining move from ATH down to 16.01 low after a sharp ABC form of correction ( labeled wave (2)) around 0.786 Retracement of the completed cycle wave (1) . Today's earning report pushed it up above the minor high at 27.13 which I consider it as a low degree wave 1 of a newly started up going wave cycle (wave (3) ).
If true our labeled wave (3) can reach to prices around 80 corresponding to 1.618 projection of wave (1). Of course it can go higher to around 118 relating to 2.618 projection of wave (1) but, we just consider the typical 1.618 projection for now which still give us a huge profit ! .
It is worth to note in terms of timing chart is a schematic drawing.
Please take it into consideration that in this predicted journey we will see lots of ups and downs , move ups and correction So, patience is a key if we want to take profit at proposed targets.
Please be aware this analysis is not talking about entrance strategy or any entrance point. Like ENPH I think any entrance strategy with a reasonable patience can bring us a nice sweet profit. I am already in by taking out 24.43 minor high.
Good luck my friends and wish you huge profits.
BITCOIN PIVOTAL MOMENT? Bitcoin currently sat on a strong support that has held for weeks. The recent push created a new range on the daily and momentum within the range is clearly showing upside momentum but if support fails to hold and the range is completely broken we could see some huge downside movement.
With what is going on right now amongst crypto I do have faith that bitcoin will continue to climb and that this is just a short pullback.
What do you think? Will BTC continue to climb?
KDA/USDT Falling Wedge - Perfect buying opportunityKadena has been super bullish and continuously making new ATH. Since the last ATH ($28) made a massive correction. Currently forming a falling wedge and resting at 0.786 fib. If KDA finds support here, then we will see a breakout soon and a new ATH. Another scenario with more correction and a bounce back from the next support level around $16.
This is a coin with excellent fundamentals and possible 10x potential from here. Accumulate much as you can before too late.
This is not financial advice; please DYOR
Possible HUGE trade AMC looks really good! After my technical analysis, we were able to break out of the triangle successfully, which was followed by a retest.
Super trade, with an excellent risk-reward ratio.
From this point we can see a wave 5 extension which ends in either a double top or a new all time high.
I would go into the trade, put a stop loss and forget about the stock for some time as the analysis took place on the daily chart.
This analysis is invalidated if we touch the price of $ 20.
For more informations see below.
RL from RT_Trading
ATH next move?Massive run on this name,
ER tomorrow, so not sure what is going to come out of this.
However, nice flag above 89.00 should trigger a new run to ATH
Polkadot pullbackI think we see little pullback in this trend.
We're going to touch last hights before we make another ATH.
Im bullish with DOT but always we need pullbacks. Thats how we can grow bigger.
SL = HH + atr
TP = Previous hights
Road to 84.5K #BTC Is Now INEVITABLE#BTC IS ROARING TOWARDS 84.5K. I've been calling this for months on in. Easier Said than Done tho, WELL DONE BTC & Krypto Community. This video describes a pattern formation ive been track since the end of July. Its a basic inverse head & shoulder formation playing itself out in a Historical Trend Setting Fashion. Also i provide proof on The Moon Phase Indicator, which seems to favor the trend changes a bit better on the weekly charts. One exhausting fact ,is that, each weekly phase consist of 7 Daily Values. With tht in mind u sometimes have to wait for the weekly printed Moon to appear for drastic change to take place.