Cryptoforecast
BITCOINBitcoin seems to be "hanging" under its own weight, and although the rate of decline seems to have slowed down, we still can't say that it has found a turning point. It all depends on the perception of the owners, and to keep the positions. We are like in a Western movie, in which everyone is holding their finger on the trigger. It's enough to shoot one, and they'll all start shooting. Let's hope no one shoots you!
SHIBASHIBA is still in its first major support. It was falsely broken twice, but still resists. Any drop with whole candles, repeated, below the red line. it can indicate future declines. For now, I prefer to be optimistic and see SHIBA rise a little. But keep an eye on BTC, any decrease in it involving the rest of the coins.
DOGE Doge, slide slightly down on a secondary descent channel formed in the last 24-48 hours. As a bullish observation, it does not fall sharply, but seems to go down braking, with its eyes on the BTC. To follow the major support from the main consolidation channel, located at 0.37. A fall below this value may indicate a change in trend, and we can expect larger declines.
I ANALYZE FOR YOUR COMFORT - DOGEParadoxically, but as long as all Crypto fell, Doge stopped falling. As long as it is above the support marked with the red box, we still have hope of recovery. On the other hand if it passes under the support. it is a sign of new declines.
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I ANALYZE FOR YOUR COMFORT - ETHConsolidation channel for eth, who is just waiting for a small shot in the ass to take off to new heights. We live memorable times on Crypto, to take advantage while we still have the Bull Market :)
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I'M ANALYZING FOR YOUR COMFORT - UNSTOPPING DOGEHigher lows Higher highs, just like in the book. Doge sweeps everything, and climbs. Of course, we men know that what increases, then decreases, but in the case of Doge, that moment still seems far away. I don't see why we wouldn't continue to take advantage of it and why we wouldn't make the last drop of profit out of it. GO DOGE GO!
CountOnCrypto - Bitcoin Forecast 29/04/2021I can see an inverse head and shoulders pattern clearly on the Bitcoin chart, it is slightly deformed but that's not a problem in my eyes.
We could potentially break down as low as the left shoulder which is why I've marked a stop loss clearly below that level and below the .236 Fibonacci level. I expect us to breakout then re-test the dotted Fibonacci line as support to show strength in the trend.
It's important to mention that Inverse Head & Shoulder patterns aren't very reliable statistically in bitcoin and crypto in general but that doesn't mean they won't play out. We will see confirmation of a breakout by a sharp rise in volume following a rise above the right shoulder and dotted Fibonacci line.
The breakout target would be the height of the head and neckline from the resistance above the right shoulder. I am more bullish because we have already had three direct re-tests of the dotted Fibonacci retracement, the fourth time is commonly when it breaks; the more that resistance/ support is tested, the weaker it becomes.
FLOW Potential 97% Gain from Buy Zone 1Since the Buy Signal from our Swing Call Script, FLOW has gained 93% from $20.78 to $40.98 on this Huge Parabolic move to the upside in just 4 days from 01/03/21 to 04/03/21. Flow has since retraced down 51% to our Buy Zone 1 at the 38.80% Fibonacci level, further testing and breaking below the 13 EMA and 50 SMA finding some support temporarily at the 61.80% Fibonacci level from the 16th March to 21 March. Since then flow has seen has a lot of selling from profit takers in the market who experienced 93%+ gains during 'March Madness'. Be patient we expect the Bulls to come back in the market after breaking just below the 200 SMA and there is a high probability of a recovery from this current downtrend we are temporarily experiencing, and the next move for FLOW could be another Huge Parabolic move back to test the current ATH @ $41 and further test new ATH towards the 127.20% Fibonacci level @ $47.33 and our 161.80% Fibonacci extension @ $55.23, which is a potential 97% Gain from Buy Zone 1. If we fail to break above the 61.80% Fibonacci level, use the current buy zone to DCA/Accumulate from this level, overall the outlook for FLOW is still very bullish as the stochastics are showing an extremely oversold market from the previous uptrend. April could see some very huge gains from FLOW! Map out your Buys and be patient, when $FLOW is ready to move it will be shooting for the moon. Happy Trading :)
ICX Next stop $4!!!ICX is consolidating nicely. We have a nice flag pole with a bullish pennant forming. Next PRICE to hit will be $4 for icon.
Fundamentally everything about this project is set to explode. The staking rewards are amazing roughly 13%. You can stake on binance, iconfi, bithumb, and coinbase is definitely next!
Icon 2.0 is due for release soon. The amount of patnerships this company has is amazing. You have a couple defi projects releasing in the next two quaters, Balanced, OMM. There is also The Stakin Lossless Lottery which is focussed on betting the interests from staking instead of the principal. It is a global and borderless initiative making staking ICX a fun and potentially very rewarding experience.You can not look past this project fundamentally.
CARDANO (ADA) WILL BREAK ALL TIME HIGHS SOON!!!ADA Has been consolidating for the past 23 days. ADA has some short term imbalance that needs to fill or have a liquidity sweep before its next push up to the $1.60 Region. This will break all time highs again soon!
CARDANO (ADA) WILL BREAK ALL TIME HIGHS SOON!!!ADA Has been consolidating for the past 23 days. ADA has some short term imbalance that needs to fill or have a liquidity sweep before its next push up to the $1.60 Region. This will break all time highs again soon!
HRTUSDT AnalysisThe price has managed to break the uptrend line!
But it still does not have enough power. In the next day or two, everything will be clear.
If the price rises, it can move up to the specified range, which is an excuse that has already been tested for this market.
Although this number and level is not very strong
But if the price bounces back and breaks the trend line again, an incomplete Wolfe pattern is formed that can go all the way to the end of the red arrow.
If the price falls from the linear trend that connects points one and four, it can be a good place to buy.
Vechain(VET) Explosive Move New ATHs 30% Gain to $0.10*Update Vechain Outlook 15/03/21*
Road to $0.10 is clear, 30% Gain from current price level to the 161.80% Fibonacci level. Buy the dips, be patient!
*13/03/21*
Vechain's price soared to a new ATH on 12/02/21 reaching $0.606 on the Binance exchange. Following the new ATH there was a small retracement before trying to push past the resistance set at ATH , but this failed to break on 19/02/21 and was met with huge selling pressure at these price levels, retracing down further, quite sharply after 4 days on 23/02/21 touching the 50 SMA on the daily chart with a low of $ 0.0341. The downward pressure was met with a sharp bounce on the 50 SMA recovering in a day 24/02/21 back to the 38.20% Fib retracement level showing strong signs of Bulls still in the market. As of the past 3 days the price has been consolidating between a small range between the 38.20% Fibonacci retracement levels and 23.60%. Further to note the price on 2 occasions has tested to break below the 50 SMA failing twice signalling strong bullish pressure and signs of the Bulls to continue driving the current price to test the ATH yet again whilst also setting the sentiment of a possible new ATH at the 127.20% Fibonacci retracement level @ $0.0702.
Furthermore the 200 SMA has been tested at 3 occasions on the 4H Chart, failing to break past this level. Vechain is in a perfect zone for Buys back towards the ATH . Stochastics on the Daily chart signal an extremely oversold market so expect Vet to push back 55% back to ATH levels and Further 74% to 127.20% Fibonacci with the potential to set a new ATH in the coming days to weeks in March.
The Fundamentals are great for this project and we are very bullish and can see EOY price target between $2 to $5. Buy Zone 1 @ 23.60% Fibonacci retracement level for the perfect sniper entry. Be patient, wait for confirmation before entering any buy. Happy Trading :)
BTCUSD LONG POTENTIAL!BTCUSD Still has potential to the upside! I don't think this ready to come down just yet. A lot of fundamentals are pointing to the upside still. There are some big companies buying up Bitcoin for the long term hold. The last reaccumulation took roughly 31 days to break the highs again. Will this happen again? Fractal patterns do repeat themselves. I would like to see a tap of $40k - $41k before the next leg up. We will still have to keep an open mind to potential short side. Lets see how price reacts around the $554000 mark. Give us a like and follow for more upcoming forecasts on Crypto and forex.
CRV/USDT Prediction AnalysisGood morning to all respected Investors and Traders,
I made a simple analysis for CRV/USDT
There is always a health correction after a long run..
So, I suggest you guys to be patience, always DYOR before entry the market
I reckon you guys to entry at my sign, HODL, be patience and take profit at my sign "potential target 1,2 and 3.."
Patience is the key..
Stay humble, stay hungry and stay foolish..
Make your own analysis sounds better :))
Critiques and comments are super appreciated
Happy trading y'all !!
Good luck!
Best,
PS: This is not financial advisor. Please DYOR before entry the market.
Polkadot pull back completed, Bracing up for Long Ride to 42Polkadot(DOT) dropped to 15% today and holding support at 32.345 firmly.
This also coincides with ascending channel support.
Given there was a decent pull back today while the Dollar Index has been in the bull territory this week, as the week braces to end wait for NFP today.
There is high probability that DOTUSDT will take a long ride to 42 in the next coming days.
BITCOIN: The End of the CORRECTION, Up to 60k!Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
BITCOIN/USD
⚪ Technical Analysis :
Since the end of January 2021, the price has been following a strong uptrend, and we saw the price reaching an important level at about 58.500 on the 21st of February 2021.
On that level, a strong rejection moved the price down until the level at about 45k and it is currently re-testing the same level.
Considering the Fibonacci retracement, the price got a correction at about the 0.50% and there is a possibility to see it growing again.
🔴 Conclusion :
During the last 2 months, the price increased so much and I believe is normal to see now a trend correction before a continuation.
I'll be waiting for the price reaching the level at about 48k before planning my long position on this trade and my setup would be as the following explanation:
-The entry point around the level 48800, just above the minor S/R zone;
-The take profit around the 60k as a possible new target and high;
-The stop loss at about 42300, below the current S/R zone.
This setup is only a premature idea, I'll be waiting for the price action to define every detail!
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your idea writing a comment!
⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni