Get started

Easyloot

ETHUSD Heading Towards $3,242 SupportQuick update from my previous idea earlier this week, looking at the daily time frame of Ethereum and zooming out a bit from the 4-hour, we can see Ethereum has lost its support at the $3,500-$3,600 area and is now trading along support at the $3,431 level. From here, i’m expecting Ethereum to follow Bitcoin’s movements, however, base case am expecting for Ethereum to retest the $3,242 level as well as the $3,162 level as its consolidating around the $3,242 - $3,431 accumulation area. Ethereum has lost its longer term uptrend and is trading below this downtrend, however, it isn’t something to worry about and will regain as the markets pick back up. With the frothy stock market and looming price of Bitcoin, there could be possibilities for Ethereum to drop below $3,000 on a scam wick. Ethereum’s equivalent to Bitcoin’s 1.618 Fib level is placed at $2,709 and if the market makers are feeling good, we could see a scam wick down to that price. This is very off-chance and am expecting a $3,162 potential great target for Ethereum to bounce off of. This move also depends very heavily on the price of Bitcoin and I will continue to keep all of you updated. As always please do your own research, this does not constitute as financial advice.
KRAKEN:ETHUSD
by kyer
4
BTCUSD Heading Towards 1.618 Fib LevelQuick update from my previous idea, I shouldn’t have used the words bottom that was improper wording and wish I could’ve rephrased that. Anyways, looking at the daily time frame of Bitcoin and zooming out a bit, we can see that BTC has lost support at the $43,850 - $44,854 area and is now trading inside of this downtrend again. From here, i’m expecting Bitcoin to retest the 1.618 Fib level at $39,696.01, the bottom of the accumulation area, and then bounce from there after it touches both there and this long term uptrend starting from the start of the uptrend. This uptrend is notable because it has also caught the uptrend @ 30k back in the summer, where we saw a reversal up to the 3.618 Fib resistance shortly after. With the frothy stock market, interest rate hikes, and persistent Omicron fears, Bitcoin isn’t looking too hot itself either and there doesn’t seem to be a major bullish catalyst to push the price upwards at the moment. Again, on the larger time frame this move seems to be still selling off and the ‘bottom’ as I want to call it, could see at $39,696 along that 1.618 Fib level. $47,410 was a local level placed on the 4-hour time frame and isn’t visible on this chart. As always please do your own research, this does not constitute as financial advice.
BITSTAMP:BTCUSD
by kyer
BNBUSD Bounce from $505 LevelLooking at the chart of Binance Coin on the 4-hour time frame we can see that it is currently ahead of Bitcoin & Ethereum in terms of market movements, and is sitting above its level of support that the other coins are currently trying to break free from. Binance Coin also regained this long-term uptrend in the bullish channel, which indicates that the bull market is still well and alive, gearing up for its next pump up. From here, Binance Coin faces little to no resistance until around the $600 level, where there is a distribution zone between $596 - $638 that we’re going to see a 1st touch rejection off of. As always please do your own research, I am not a financial advisor.
Long
by kyer
2
ETHUSD Reversing at 2.618 Fib LevelLooking at the chart of Ethereum on the 4-hour time frame we can see that Ethereum is fighting to regain the 2.618 Fib level as support, similar to Bitcoin trying to regain the $47,410 level. This chart has been difficult to read for the past month, but seems to be a clearer picture now with what they're trying to do and that is accumulation. They're stopping out over-leveraged longs and stop losses before the big pump, reversing it unexpectedly when everyones out of the market. If Ethereum can close over this 2.618 Fib level and regain it as a level of support, its going to break free of $3,927 and reverse back upwards to the $4,339 - $4,388 distribution zone. As always please do your own research, I am not a financial advisor.
KRAKEN:ETHUSDLong
by kyer
3
BTCUSD Found Bottom at $47,410Looking at the chart of Bitcoin on the 4-hour time frame we can see that it is currently trying to regain the support level at $47,410, and then find its way back up to $51,000 and above. The price of Bitcoin has been choppy recently, but steadily found its bottom along the $47,410 level. The scam wick seen on December 3rd marked the bottom of the market and wiped out the stop losses placed around the $43,850 - $44,854 region. The price is ranging in between $44,854 - $51,689 and is accumulating itself before the next major breakout to the upside. From here, i'm expecting a regain of the $47,410 level and then a push towards regaining $54,028 to close out the valley created last month. As always please do your own research, I am not a financial advisor.
BITSTAMP:BTCUSDLong
by kyer
2
DOTUSD End of 2021 Price AnalysisLooking at Polkadot (DOT) on the 12-hour time frame, it seems to have bottomed & reversed so i’ve created a valley to help visualize where the price is headed. Polkadot has been in the news quite heavily recently, with all of the institutional money allocated into it behind BTC, ETH as well as the launch of parachains after some five years in development. Parachains are individual networks running in parallel to create a harmonized, interoperable ecosystem. The bottom was along the $23.26 Fibonacci level and from there we bounced back up. At the moment, Polkadot has regained the 1.0 Fibonacci level at $30.40 and is now looking like its going to continue this momentum upwards towards $35.15+. As long as DOT can hold above the 1.0 Fibonacci level, I believe this trend / momentum is valid and we’ll eventually see this valley play out. As always please do your own research, I am not a financial advisor.
Long
by kyer
ETHUSD End of 2021 Price TargetsLooking at the 4-hour time frame of Ethereum we can see that just like Bitcoin, it is at a crucial point heading into the new year. Ethereum found its bottom with the scam wick along the $3,431 level and knocked out all of the over-leveraged longs from early entry prices. From this point on, Ethereum along with many altcoins, has been slowly accumulating and creating higher highs and higher lows. Just last week, Ethereum finally regained the 2.618 Fibonacci level of support at $3,821 and closed out the support area bullish at $3,821 - $3,921. From here, it gained $4,003 as a level of support and is now headed towards flipping $4,161. If we can see a flip of the $4,161 resistance into support, Ethereum is headed towards the $4,339 - $4,388 May 2021 ATH price targets for just short of a 10% play.
KRAKEN:ETHUSDLong
by kyer
1
BTCUSD End of 2021 Price TargetsLooking at the 4-hour time frame of Bitcoin we can see that it is at a crucial point moving into the end of the year. At the moment, it is testing the $51,689 support turned resistance level as well as this long-term trend line that has been consistent throughout this bull market thus far. BItcoin found its bottom with the scam wick along the $43,850 - $44,484 level earlier this month and liquidated all of the over-leveraged longs. Ever since this wick, BTC entered a months long period of accumulation / capitulation preparing itself for the next leg upwards. If Bitcoin can turn this resistance into support at $51,689, we're going to continue to see upside targets hit and this momentum will continue. The price targets i'm looking at for January are in the $55,218 - $58,109 area. This is a big resistance area that Bitcoin needs to find support in before moving upwards to $60,000+ targets in late January / February. As always please do your own research, I am not a financial advisor.
BITSTAMP:BTCUSDLong
by kyer
BTCUSD December Price TargetsThis last month of November was quite a ride, peaking at the $68,361 (3.618 Fib) resistance level to dumping and finding a local bottom at $43,850, a combination of euphoria and depression in the markets. At the moment, Bitcoin doesn’t look bullish, however, that doesn’t make it necessarily bearish either. We are currently what it looks like, in a stage of capitulation just underneath the $51,689 support level as well as this trend line. From here, i’m expecting Bitcoin to dance around these two levels before gaining them as levels of support, and finding $54,028 (2.618 Fib) as the next target. The dump down we saw a scam wick on December 3rd with orders hitting at $43,850 - $44,854, and another test of $47,410, implying bullish momentum is about to occur in the markets. However, I believe we’ll see a slow accumulation going into the rest of the year and the holiday season, as the markets take the stairs up and the elevator down. It’s going to take a few weeks at least for us to regain our previous ground and look forward to new high targets. As always please do your own research, I am not a financial advisor.
BITSTAMP:BTCUSD
by kyer
1
DOT/USD November Price TargetsLooking at the 2-day time frame of Polkadot we can see the whole picture from the start of the uptrend at $30.45 to our current price currently testing resistance at $53.53. DOT is in price discovery mode and looks like its going to complete the Fibonacci cycle and reach $76 per coin. It depends on how we close on this 2-day candle, but chances are we’ll pullback a little bit as traders are taking profits, before jumping up towards the next Fibonacci targets. Behind BTC, ETH, DOT is the 3rd most stacked cryptocurrency among institutional investors so its safe to say that they are here and noticing the fundamental underlying-value in Polkadot and its ecosystem. TP1 🎯 $67.82 TP2 🎯 $76.65
Long
by kyer
1
BTCUSD November Price TargetsTaking a look at the 4-hour time frame of Bitcoin, that hammer candlestick looks very bullish as we backtested the $59,800 & $61,115 support level and are about to print upwards. This was painting the bottom wick of the monthly candle and Bitcoin is looking like its about to turn this $63,564 - $64,581 resistance level into support. This month of November is looking very good as we are going to approach new all-time-highs with the price target of $77,219 in mind to complete the Fibonacci Extension. TP1 🎯 $68,361.69 (3.618 Fib) TP2 🎯 $77,219 (4.236 FIb)
BITSTAMP:BTCUSDLong
by kyer
2
Binance Coin (BNB) $600+ Price TargetsLooking at Binance Coin (BNB) on the daily time frame it is currently holding the April 2021 Swing High as support and is using that momentum to push through the $505 resistance level. This pattern is a continuation of the May cycle and this next move upwards will complete the second cycle. BNB is looking strong as it bounced and held the uptrend extending from the first cycle and is going to ladder up to previous / new highs. The next targets i'm looking at for BNB are: TP1 🎯 $596 TP2 🎯 $638 TP3 🎯 $676 After these levels we're going to enter a period of price discovery for Binance Coin and reach newfound highs. Thanks for your support traders! As always please do your own research, I am not a financial advisor.
Long
by kyer
DOT/USD October Price TargetsLooking at the price of Polkadot (DOT) on the daily time frame we can see that today based on that parachain auction news that the Polkadot and Web3 Foundation released, DOT is looking extremely bullish to the upside. The combination of the news and the technical analysis aspects of this chart seemed to crossover at the perfect time, prepping Polkadot for a launch off the launchpad at the $35.15 level. Polkadot is currently holding support within this wedge created from the downtrend first identified at the $45.69 - $48 distribution zone. DOT just found the 1.618 Fib resistance level placed at $39.24 as a newly-found support level moving forward. A successful daily close over this $39.24 level will send the price skyrocketing to $45.69 - $48 and that is where you should be looking at taking profits. From here, there is going to be some 1st and 2nd touch rejections, but shortly after that, DOT is going to be looking to create a higher high and wick the $53.53 Fib level. Personally expecting a retouch of the $39.24 level, so in case you missed this trade, there is going to be another opportunity to go long here soon. Cheers traders!
Long
by kyer
4
ETH/USD $4,300 October Price TargetEthereum pumped going into this month and regained this major uptrend as well as regained key levels of support including: $3,162 , $3,242 , and now is fighting for $3,431. Once ETH breaks the key level of resistance at $3,431 there will be a lift off to the $3,821 (2.618 Fib) level and from there will determine if the swing up has enough momentum to carry it out of the pennant. On the weekly time frame, Ethereum has already painted the bottom wick of the weekly candlestick and is looking for some upwards action. Moving forward going into October, Ethereum is looking to reverse to its previous highs as it comes closer to breaking out of this downtrend holding the price down. At the moment, Ethereum is currently consolidating inside of two converging trend lines and prepping for a breakout to a bullish continuation pattern. If Ethereum breaks out of the downtrend and regains this uptrend and $3,821.59 as support, we are going to have a great month and see new highs. My targets in this scenario are: TP2 🎯 $3,927.00 TP3 🎯 $$4,161.59 TP3 🎯 $4,339.30 TP4 🎯 $4,933.42 Check out the attached chart which highlights the bullish pennant on the 3-day time frame. We are still trading in between the two trend lines and waiting to breakout. Thanks traders! Let me know your thoughts down below! As always please do your own research, I am not a licensed financial advisor and this information is for educational purposes only.
KRAKEN:ETHUSDLong
by kyer
BTC/USD Updated October Price TargetsLooking at Bitcoin (BTC) on the 4-hour time frame we can see pretty evidently that BTC is in the midst of starting its next leg upwards to soar beyond the local highs created this April. The bounce off of the 1.618 Fib level around the $41,337 was the surefire sign / indication of a bullish reversal, and from here Bitcoin has continued creating higher highs and higher lows, all the while backtesting levels of resistance and turning them into support. At the moment, Bitcoin is wicking out the sell orders between the distribution range of $55,218 - $58,109 and I called those TP1&2 targets out on October 5th, you can check the attached read to this chart and press play. Anyways, now i’m updating my price targets and see Bitcoin reaching new highs by the end of this month, and if not going into early November. I have a gut feeling it is going to be a really good Q4 and Q1 2022 for Bitcoin and all the leading cryptocurrencies as now is the time period in the market cycle where the sentiment reverses back to bullish. Moving forward, the take profit levels that i’m looking at for Bitcoin are: TP1 🎯 $64,581 TP2 🎯 $68,361.69 (3.618 Fib level)
BITSTAMP:BTCUSDLong
by kyer
2
BNBUSD $500+ October Price TargetsLooking at the daily time frame of Binance Coin, we see that BNB has regained the uptrend and is squeezing in between this wedge and the $432 (April 2021 Swing Low level). BNB is going to breakout to the topside and continue to hold this trend as well as gain $432 as a level of support. Binance Coin bounced off of the Feb 2021 Swing High level at $333 - $348 and swiftly rejected upwards, forming a sudden valley. My targets moving forward if BNB gains $432 as a level of support and breaks out of this downtrend: TP1 🎯 $484.50 TP2 🎯 $505.00 TP3 🎯 $596.70 TP4 🎯 $638.60 As always please do your own research, I am not a financial advisor.
Long
by kyer
BTC/USD $58,000 October Price TargetBTC/USD $58,000 October Price Target Bitcoin pumped going into this month, October, as it bounced off the $40,707 level and reversed back up from there. At the moment, it looks like Bitcoin has broken through $44,854 and is holding $47,410 as a level of support. On the weekly time frame, Bitcoin has already painted the bottom wick of the weekly candlestick and is looking for some upwards action. Moving forward going into October, Bitcoin is looking to reverse to its previous highs as it comes closer to breaking out of this downtrend holding the price down. A technical indicator that has been predicting a bullish outcome for BTC is the pennant pattern, where Bitcoin is still currently consolidating inside of two converging trend lines prepping for a breakout to a bullish continuation pattern. If Bitcoin breaks out of the downtrend and regains this uptrend and $51,689 as support, we are going to have a great month and see new highs. My targets in this scenario are: TP1 🎯 $54,028.85 TP2 🎯 $55,218.46 TP3 🎯 $57,795.20 TP4 🎯 $58,109.96 Check out the attached chart which highlights the bullish pennant on the 3-day time frame. We are still trading in between the two trend lines and waiting to breakout. Thanks traders! Let me know your thoughts down below! As always please do your own research, I am not a licensed financial advisor and this information is for educational purposes only.
BITSTAMP:BTCUSDLong
by kyer
2
ICPUSD Long Term Price TargetsDfinity’s Internet Computer has had quite the introduction to the crypto markets after the ICO listing, the price dropped from $600 to about $40 in less than a month. It has gotten all of the worst news coverage as it dropped at the top of the current market cycle, so it’s only been listed in the midst of a bear market. Now with Bitcoin, Ethereum and all of the other cryptocurrencies reversing back to the upside, the ‘third generation’ looks like its finished with its accumulation phase and is now looking for upside price targets. At the moment, ICP is looking to regain this uptrend as a level of support and claim new local highs. Once ICP regains this uptrend and breaks out of the $67 - $70 price barrier, it is going to reach $100+ and reclaim some of its previously found highs from this year. The targets i’m looking at for the long term on this $48 entry are:
 TP1 🎯 $107.40 TP2 🎯 $124.83 TP3 🎯 $164.15 TP4 🎯 $249.28 TP5 🎯 $364.06 As always please do your own research, I am not a financial advisor and this should not constitute as financial advice.
Long
by kyer
15
ETH/USD The Path to $5,000+Looking at the 3-day time frame of Ethereum we can see that its forming a bullish pennant after posting up a lower high than in May. However, this isn't a bear market because at the same time we've been creating lower highs, we've also been creating higher lows. It is just a matter of time before the price squeezes and inevitably breaks out to the topside and creates new highs going into the new year and Q1 2022. Never doubt the Ethereum Tsunami. When the price starts picking up after this extended period of accumulation going into 2022, I believe ETH buyers will start soaring in and drive the price up close to $10,000 on this next pump. However, this pump is going to take a bit of time to set up as we're still currently falling from the 2nd local peak this year. At the moment we are trying to find a steady bottom across the board on cryptos with my ETH target being $2,292. The $2,189 - $2,294 support zone will catch the falling knife price of ETH along with this uptrend that has caught both previous double bottom patterns. After that, the price will continue ranging until it breaks out and starts targeting the 2.618, 3.618, and 4.236 Fib levels. There is major resistance holding the price back from breaking out of the $3,242 - $3,431 zone and it's going to take some time to accumulate before reversing back up and creating new highs. As always please do your own research, I am not a financial advisor and this should not be taken as investment advice.
KRAKEN:ETHUSD
by kyer
2
BTC/USD Bullish Pennant Forming on 3DLooking at the 3-day time frame of Bitcoin we can see that it formed a lower local high earlier this month than the cycle top found in April - May. From here, the price rejected and is now currently holding support around the $39,696 - $41,337 level. I'm expecting BTC to backtest the uptrend that caught at the $30,000 level after the 1st local high formed, which should be around the $36,000 price area. After BTC wicks this uptrend for the third touch and confirms it, the bounce will be fast back up to $44,000 where we will range before inevitably breaking out to the topside and creating new highs going into the new year and Q1 2022. The targets after Bitcoin breaks out of this bullish pennant are the 2.618, 3.618, and 4.236 Fib levels. There is major resistance holding the price back up and creating new highs. Moves like this take a great time of accumulation and although there is an influx of new news such as venture capital raises and increasing DeFi users, Bitcoin needs the momentum only found after an extended period of accumulation. There is also a scenario where Bitcoin pumps to $44,000 straight away and holds over the $40,000 psychological level and correcting a bit before ultimately breaking out to the topside of this bullish pennant and heading towards higher highs and possibly that grand finale $100,000 everybody is talking about. Thanks for all your continued support and please let me know your thoughts!
BITSTAMP:BTCUSD
by kyer
1