Bitcoin/6 hour chart BULLRUNTook some time off, but I am back to get you guys back in the gains. I am happy to say this one should do just that.
In this idea I show a possible ascending triangle on Bitcoin signaling the beginning of the second leg of the bull run. I hope you got your investments because nows the time. This is where Bitcoin runs to 110k. If you agree throw me a like and follow me for more ideas that keep you in the gains.
Bullrunincoming
Bull Run 2022 Chart PredictionI'm analysis chart of Bitcoin along with his previous bullrun patterns
There's a rising wedge on 1w chart and bitcoin will going to attempt 3rd time to breakout the rising wedge and it should be in this year otherwise if it breakeven the rising wedge down side then we will see a mega bear season than before
SANDUSD | A final correction before the pump Hi everyone,
I would like to show you how SAND could evolve to my own opinion based on waves analysis.
First, as we can see we probably have reached our bottom on SAND around $2.55. If you have reloaded your positions during this last correction you have made a very good decision ! However, if you haven't done so, don't worry, you will have the opportunity to place again in our wave 2 correction.
Then, we are currently on the formation of our minor wave 5 which will complete wave 1 in order to start our correction phase on our wave 2. This one should approximately reach the 0.618 Fibonacci retracement before starting the big rebound.
Next, if this scenario is validated we can turn to our $10 goal during our wave 3 but we must be patient.
Finally, a quick update on the fundamentals of The Sandbox project. The adoption of the metaverse proposed by Sébastien Borget's team is progressing steadily. Indeed, several large companies are already starting to invest in plots like Ubisoft, Carrefour or Gucci and many others. The future of The Sandbox promises to be much brighter than we had hoped.
So we remain focused and above all we remain cautious.
Let's give SAND time to validate this analysis.
If you agree with this scenario let me know with a like.
Otherwise let me know your point of view with a comment, thank you !
(This is my own hypothesis and in no way suggests a buy or sell advice.)
SHIBAUSD | Have we found our bottomHi everyone,
First of all unfortunately my first scenario was not validated, it happens and I hope that like me, you will adapt.
Then, as this new scenario goes up we are surely on our bottom of the wave 2 so much awaited.
Indeed, we have corrected to more than 0.786 of the Fibonacci retracement, this happens and can make us assume that our bottom is finally present.
However, let's be careful since it is not unlikely that we will correct beyond that to go for the 100% retracement.
To conclude, we note that bullish recovery signals are still missing to clearly define the trend.
However, I believe we have already corrected a lot, which gives us the opportunity, if we do the dollar cost average, to smooth out our entry prices.
We remain focused and above all we remain cautious.
Let's give SHIBA time to validate this analysis.
If you agree with this scenario let me know with a like.
Otherwise let me know your point of view with a comment, thank you !
(This is my own hypothesis and in no way suggests a buy or sell advice.)
Here comes the Boom!!!Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Like we said earlier the bottom has been set last week Monday, now we going to challenge the 40k area real soon. Only concern is Joe Biden executive order that is coming up. If it is bad we can go back up to the glory days or if they try to kill the vibes then we can drop even more. Overall, i think the involvement of the American government is good for crypto but in the short term we are going to get a lot of volatility.
Currently we trying to break above 40k and we are retracing into support. If support holds we going above 40k. We going to take this day by day since this new.
MTV LONG SETUP IDEA #MultiVAC $MTVHi everyone i know i haven't shared any analysis in a minute and I apologize its because i've been busy, I plan on slowly getting back though so please Please give me a Follow if you would like to see more of these clear setups!
Here's a setup of MTV, we are clearly in an ascending channel, with everything going on in the markets(New tech, NFT Platform, Better marketing) are creating a beautiful setup, we still have little room for an upward movement to $0.012-$0.013 zone and i expect a drop back to the bottom of the channel $0.006 before continuing upward with the channel and BULL CYCLE. Patients is the key, but don't time the markets. Plant your seeds right.
Check out my previous analysis on Other Crypto’s if you’re interested in market analysis.
Merry Christmas and Happy New Year 🎉
Long VETUSD | Update on Vetchain on the raod to $0.35First and foremost this is my own hypothesis and in no way suggests a buy or sell advice.
We ended our Phase 2 correction at $0.07 after a Zig-zag in ABC decomposition (Purple).
We then started our phase 3 with the two sub-waves 1 formed in recent days.
We are now entering phase 3 of the sub-waves which will form the bullish impulse of our bullrun.
A first objective towards 0.187 offering us a beautiful opportunity of 122% attention in counterpart not to go down below 0.066.
Let's give IOTEX time to validate this analysis.
If you agree with this scenario let me know with a like.
Otherwise let me know your point of view with a comment!
Long IOTEX - On the road to $0.24 and more First and foremost this is my own hypothesis and in no way suggests a buy or sell advice.
We ended our Phase 2 correction at $0.1 after a Zig-zag in ABC decomposition (Purple).
We then started our phase 3 with the two sub-waves 1 and 2 formed in the last few days.
We then enter according to this scenario in phase 3 of the sub-waves that will form the major impulse.
Let's give IOTEX time to validate this analysis.
If you agree with this scenario let me know with a like.
Otherwise let me know your point of view with a comment!
Daily Crypto Market Update - Are the Bulls returning? Jasmy AltsIn this video:
* I start with the stock market indexes, assessing the markets reaction to the FOMC press conference yesterday
* Stock markets look to have received the Fed's statements well.
* VIX (fear index) dropped as expected. Indexes popped.
* All of this positive reaction still must be confirmed on the daily
* If the sentiment continues, it will eventually spill over into the crypto space and we will turn bullish again
* We are seeing lots of positive signs in the altcoin space
* I believe we are at/near our bottom and I like the entry benefits on many coins at these levels
Quick look at BTC Fib-levelsHere's a quick Look at BTC fib-levels and the overall daily chart . As we can see, the price has been forming falling wedge and the price is still oscillating within it! A falling wedge Is a bullish pattern , but a break below it could cause a bigger drop in price.
Also the fib levels are very important to look at. As we can see, the price is currently below the 0.382 fib level and if we get a daily close below it, we could get down to test the 0.5 fib-level (49.3k).
The best entry would be, when the price gets within the entry zone.
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Fibonacci Retracement Levels:
"Fibonacci retracement levels are horizontal lines that indicate where support and resistance are likely to occur. They stem from Fibonacci’s sequence, a mathematical formula that originated in the 13th century.
Each level is associated with a percentage. The percentage is how much of a prior move the price has retraced. The Fibonacci retracement levels are 23.6%, 38.2%, 61.8%, and 78.6%."
Key Takeaways for Fib-levels:
- Fibonacci retracement levels connect any two points that the trader views as relevant, typically a high point and a low point.
- The percentage levels provided are areas where the price could stall or reverse.
- The most commonly used ratios include 23.6%, 38.2%, 50%, 61.8%, and 78.6%.
- These levels should not be relied on exclusively, so it is dangerous to assume the price will reverse after hitting a specific Fibonacci level
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What Is a Wedge in the context of trading?:
"A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts.
Key Takeaways for Falling wedges:
1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods.
2. The patterns may be considered rising or falling wedges depending on their direction.
3. These patterns have an unusually good track record for forecasting price reversals."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
DXY CAPITULATION PENDING A WEEKLY CLOSEAfternoon people,
Thanks for taking the time to check out my Technical analysis, much appreciated. Constructive comments are always encouraged.
DXY has enjoyed a lot of strength in recent weeks, strangely baffling seeing as since 2020 the supply of USD has increased by 30%+. There is now more Dollars in existence than have ever been, yet according to recent strength it would seem people still trust the Dollar. It seems like a recipe for disaster if you ask me. The dollar is weak, it has been since Nixon unpegged it from the Gold Standard, thus sealing its fate as a fiat currency. History shows us how it ends for "world reserve currencies", the cycle is around every 100 years. Guess how long the Dollar has been in power for ;)
Price attempted to breakout to the upside last week, completing the impulsive move from 94.56 to 96. However the .5 fib held and sellers stepped in causing a considerably big wick. Indicating buyers are struggling to break through the fibonacci levels that are acting as resistance. we closed with a huge wick on the weekly. I'm now waiting for a weekly close below the aforementioned levels to indicate a continuation to the downside. This adds further confluence to my idea posted earlier in regards to Bitcoin. It would seem Bitcoin has found its bottom and we should now be expecting Bitcoin to start moving towards my 233K targets.
Once DXY starts collapsing, the downside targets at the D ext. are 86 & 82 respectively.
It is my belief that we will be seeing the Dollar collapse as Bitcoin goes on its parabolic blow off top phase of the market cycle (something we haven't seen yet).
Regardless of how far Bitcoin goes, it needs a DXY collapse to do so. Similar to 2017. So far Bitcoin is inversely correlated with DXY. Observed today we can see weakness in the DXY has led to Bitcoins price rising and therefore the rest of the crypto market across the board. This is just the beginning. Don't be disillusioned, when Bitcoin does pullback, which it will. This will be a great buying opportunity. Be patient & ENJOY the show.
Remember to take profits as you go and scale out. We don't need to pick tops. No one ever went broke taking profits.
Happy trading,
Big Love
BTC UPDATE BTC pumped nicely with volume from last Run's top as expected. Now we are approaching Major Trendline resistance alongside horizontal resistance around 58-59k zone. I expect a rejection towards 56k zone and then continuation upwards. But if bulls manage to break in one go, our 88k Target will just be a matter of 2-3 weeks
BCH Breakout ✅ Done, it has potential to give us 10x profits!!Technical analysis: #BitcoinCash (Daily update)
. Symmetrical Triangle Upside Breakout ✅
. BChUSDT is breakout confirmation done as well as trading above the both MA's (21 & 50-
Day MA), and the beginning of parabolic uptrend is expected.
. The RSI is also TRYING to breakout its downtrend, if it could happen which give momentum bch from here.
Take Profits:
TP1= @ $1000
TP2= @ $1621
TP3= @ $2650
TP4= @ $3166 and then it could really more then $4000
SL= below 500 usdt on daily closed bases
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ETHUSDT Roadmap ETH is great for investment. As you see on the chart, 9k, 12k, and 17k are the major points that will be touched in the future. Hold and whenever it falls, you can add to your wallet. BTC, ETH, and DOT have the same capacity, and all these ones are going to touch upper levels. As a tip, whenever you are in profit, you can take your profit! HODL and enjoy!
DOGE Updated! Keep an eye on this setup! Here's a quick Look at DOGE 15 min chart . As we can see, the price has been forming a falling wedge and we could see a break either way soon! Keep an eye on this falling wedge!
The best entry would be, when the price breaks above the falling wedge and the level shown in chart with good amount of volume .
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The idea is: Buy when the price breaks above 0.29$ with good amount of volume and take profits at the levels shown in the chart.
Targets:
1. 0.3$
2. 0.31$
3. 0.335$
4. 0.355
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If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!