Ocean Bullish Continuation? +Just came across this coin while scanning markets so here's a quick read on it
+Never heard of Ocean before but it definitely caught my eye when I saw it was up 9% on the day.
+Typically I don't like to chase coins that are already on its move up but I think its possible Ocean will keep pumping.
+The level $.335 is a support and our current resitance is at $.6332
+Previous resistance was .42 and after breaking this level Ocean created level adaption .42 making that its new support. after this it went for a test of $.63 but was short and started laddering down.
+After ladder down we see that this .42 was still being used a a support but got rejected by the downtrend I have drawn on the swing high.
+Now ocean is attempting to break this bearish trend and if it does I really think it will be able to have its first test of $.6335
+if not there are a few ways this could play out. $.335 still did not get tested yet so there is a possibility we see that level again and create another accumulation zone if we reject this trend line.
+The white trend is just a trend within a trend but the trend we need to break is the blue colored downtrend. Based on the 12 hour it seems this blue level downtrend still has lots of time before being broke so I wouldnt jump in right away. Sometimes its best to just give the coin time and let it does it thing before grabbing a long or short.
Easylootcrypto
$1 Dollar XRP Coming soon 2021 Bull-Run+if you missed the recent pump for XRP when it did 128% in 28 days no need to worry because another pump is coming.
+XRP on the weekly tested its swing high of $.74 and had a pretty heavy rejection after.
+After its attempt of $.74 it came back to its resistance of $.46 and make this level its new support.
+Here on the 4 hour we can see that really wants to break out of this downtrend trend line and once it breaks we will see a ladder up towards my Tp's
+
+XRP new Support is getting respected very nicely and to me this looks like a breakout towards bullish activity.
+ Once we breakout these are my TP's
+1st TP $.86 📊
+2nd TP $1.004📊
LTC Bull-Run 2021+Alt Coins across the map all are showing a similar pattern.
+The pattern im seeing its coins are testing bullish trend lines after getting rejected of of weekly levels and bearish trend lines.
+Same goes with link after 2 test on 92.98 we saw that it came right back down to its bullish trend line and still maintained the level.
+ LTC on the 12 hour looks like its creating level adaption on the level 79.79 which is a really good sign for bullish activity.
+We can also see this on the 4 hour where LTC is adapting 79.79 as a new support after breaking out of a bearish trend cycle.
+As we come to a end towards this symmetrical triangle lower lows which is another great sign for bullish activity.
+Things are looking great for LTC and im patiently waiting for the right time to grab a 50X leveraged long on it and hold on for awhile.
+I wouldnt be surprised if we tested the bullish part of the triangle one more time this would basically stop out longs that got in to early which is something market makers love to do so just be patient with the entry.
+TP 1 $99.97📊
+TP 2 $125📊
Chainlink Spot The Breakout Buy The Breakout+Chainlink has sure given us a few sloppy days of trading this past week with both green days and red days
+I believe now its safe to say that Link seems to be making a reversal back to the upside after testing its white daily trend level I drew back form July
+Chainlink also seems to be in a symmetrical triangle and if it breaks this symmetrical triangle we will see prices back towards ATh very shortly
+Breaking this symmetrical triangle Chainlink will see my TP's of 17.36 and 19.29 shortly after New Years.
+I think rn is a great time to buy some Chainlink for a nice position trade and hold till it reaches its first touch on these resistance levels.
+First TP $17.36📊
+Second TP $19.29📊
ETH Preparation for 2021 Bullrun+ETH after rejecting $618 came back down and tested $485
+We tested but thankfully did not close below $485 which lead to antlers attempt of $618
+On the chart it seems like ETH is going for another attempt at $618 and this is going to be a very important test/break we see.
+If we fail to break $618 on its next attempt there's a possibility we see a similar pattern to the 485 rejection with 3 months of accumlation.
+Now I don't really see this as happening do to the fact that Bitcoin is facing its ATH once again and we are headed towards a weekly close in the new few hours.
+Closing the $618 level will confirm its next to TP of $714 and $810
+Simple break down on ETH just to sum it up im very bullish on it atm
+TP 1 $714📊
+TP 2 $810📊
XRPUSD Hit Support At $0.47XRP hit its monthly support level at 0.479 to a Tee and hasn't closed underneath there. XRP can continue trading in this wedge before it breaks out to either the topside or downside.
If it breaks out down it'll eventually find support along 0.479 and if it breaks out upwards then the bull run continues
I don't think that we'll see a touch of Santa's Lair and the price is going to continue being squeezed until it pops.
Sushi Bullish Continuation +Sushi is one for those coins you wish you bought when it was .55 cents back 1 month ago.
+Sushi is currently up 400%+ in the past 33 days.And the pump isn't done yet.
+We can see on the 4 hour timeframe that sushi already had it first touch rejection @$2.46
+Sushi now is going for another attempt at cracking $2.46 and if it can break this level we will close this valley and go for test @$2.71
+I've traded Sushi numbers of time both long and shorts on futures and I understand how fast it moves.
+Thats why you see 3 Target prices in this post instead of 2.
+If you look at the 1 hour you can actually see a rising channel Sushi has created and respecting its boundaries very nicely.
+I believe from my TA and multiple times of trading sushi we will se a nice ladder up towards $3.17 and see a heavy rejection then due to that fact that $3.17 is its finally Daily resistance until ATH which is very interesting to see such a drop on Binance futures pricing
First TP $2.71📊
Second TP $3.05📊
Third TP $3.17📊
Thanks for reading my analysis on Sushi make sure you eat some Sushi if you enjoy trading it as a reward😝. As always traders Stress Less, Profit More the best is yet to come!!
LINK GET READY FOR ATH+Link has been a coin I really enjoy swing trading/day trade.
+Link 12 hour timeframe shows a very bullish scenario coming soon.
+Link has adapted its once resistance now support at $12.81.
+Maintaining this level and respecting the bullish trend line starting from September 23 will allow link to break out of this symmetrical triangle
+Link wasn't to far from its all time high recently but came back down after its first touch of $16.35.
+This valley will allow link to test its finally valley before ATH which is 17.33
+Even though Link is somewhat overbought I do see Link being able to reach ATH and creating a new ATH sometime after 2021 thinking Mid January Early February.
+First TP 16.35📊
+Second TP $17.33📊
Thanks for reading my TA on Link and remember traders Stress Less Profit More the best is yet to come!!
LTC PUMP INCOMING+LTC has had some pretty serious gains these past weeks increasing 78% in 20 days has been since by LTC in a very long time
+LTC current pattern really looks like ETH pattern back July when it ripped 75% in 9 days.
+LTC Rejected $91.90 and came dumped a little above $63.63
+ Since then LTC has created a new bullish trend line I have drawn on this 4 hour chart starting from October 21
+LTC is also making higher lows and seems to be laddering up slowly but surely.
+$81.47 is LTC's current support. If LTC can continue to respect this level I believe it will pump as it comes new this bullish white trend line and breakout of the purple downtrend I have drawn on the daily.
+If we can break LTC will have enough momentum to hit my TP's
+Note these are Swing trade/Postion trades will not play over time will takes weeks and possible months to hit.
First TP $125📊
Second TP $ 141.98📊
ETH Spot The Breakout Buy The Breakout+After ETH first attempt for the level 618 we saw a 20% correction a few days ladder.
+ETH can came down its a resistance now turned support $485
+Since wicking $485 ETH laddered up for another attempt at 618 but this time closed above and wicked $636
+Unfortunately this attempt failed to keep pumping and we came down to $564
+$564 is a support right before the 618 valley I spotted on the 4 hour timeframe.
+This is a great sign for ETH because it is make higher lows and laddering up in price.Which is also level adaption.
+You can see that ETH as created confirmed bullish trend line on the 1 hour after 3 taps.
+I drew a Bearish trend line on body of the candle $636
+ETH is just getting started and I believe after the close of $618 we will see a very nice pump.
1st TP $714📊
2nd TP $784📊
+Keep in mind These are going to be swing trades no way will these targets get hit in 1 day.
+Thanks for Reading my TA on ETH and remember traders Stress Less,Profit More the best is yet to come!
ETHUSD 1W Outlook 🚀The price of Ethereum since May 2018 has been trading in this valley which was created at $788 and found the low at $90 at the end of the year. From here ETH closed out the $470 valley and that was a 2-year, but the real level of resistance keeping the price of ETH down is $788.
After ETH sees a weekly close over $788 its going to the moon and the bull run would officially start. This time its going to be different than 2017 because in 2017 there was the ICO craze with random companies ICO'ing their no actual use case coins and the speculative 20k Bitcoin bubble. This time around, Bitcoin has hit 20k and nobody's lost their minds yet. In 2017 it seemed like everyone and their mom was buying Bitcoin and now nobody is touching it with a 10-ft pole.
I believe this time around there is a whole lot more upgrades done on the network, ETH 2.0 is finally launching, and there is at least 10x more adoption with household name recognition than there was in 2017. There are plenty of factors that would send the price of ETH beyond the previous-ATH.
This summer there were also a handful of DeFi projects that released with the whole DeFi craze. Coins like YFI, UNI, and SUSHI found value as they offer Decentralized Finance services on top of the second most valuable cryptocurrency, Ethereum. DeFi will only keep growing in the future and ETH is the hub for that.
I'm posting this 1W outlook on Ethereum for you guys and myself to come back to look at as prices are soaring, these are my TP levels.
TP1 🎯 $687
TP2 🎯 $788
TP3 🎯 $975
TP4 🎯 $1111
These levels will hit its just a matter of time.
BCH Buy The Breakout+In the Past I've only traded major pairs like BTC,ETH,LINK and a few other Defi Projects.
+Recently I have changed my mind and now realize that there are many other coins out there that are just as good to swing trade.
+BCH has been in accumlation for the past 272 days and has just recently turned its resitance now support at $274.
+We can also see a Bullish trend line that I have drawn created in March.
+Longer the accumulation bigger the move up.
+With BCH being in accumulation for so long I believe that we will be able to test its monthly resistance $443 sometime in the next month or 2.
+BCH should see a nice breakout In the next few days possibly weeks if we can maintain this yellow bullish trend line that I drew.
+1st TP $402 📊
+2nd TP $443📊
+BCH is definitely and shitcoin hasn't made a move since 2018 but a good coin to swing trade it seems like now. Long term BCH Holders good luck.
+Thanks for reading my TA on BCH and remember traders Trade Smart Profit more
XRPBTC 2021 Altcoin SeasonLooking at the chart of XRP to BTC on the 1W timeframe we see that XRP has hit yearly lows in terms of the sat value. The last time XRPBTC has seen the 1527 sat support level was December 2017, right before the start of the altcoin season. Then in the span of 28 days, XRP gained 1139% on BTC.
From there after XRP hit 16860 sats it topped out and has been falling ever since the high.
For just about 3 years, XRP has been slowly crawling back down to hit the start of the uptrend level at 1527 sats and 3 weeks ago it finally did for the first time since the highs.
1527 sats to 2842 sats is an accumulation / support range representing the absolute bottom in the market. I do not believe that the price of XRP to BTC could get lower than the start of the uptrend, otherwise it would be a failed project at that point.
From here after posting that weekly close above the 2842 sats level, I think that XRP could repeat 2017 again very easily as this time there is 1000x more news and adoption across the Network.
2021 could be a great year for cryptocurrencies, especially altcoins outperforming Bitcoin in %.
Let me know your thoughts on where the price of XRP is going to go in terms of BTC.
ChainLink Get Ready For The Pump+Chainlink market makers didn't want us to make money so easily so thats why we saw the heavy dump after attempting to test $16.4
+Chainlink also failed to close above it downtrend trend line which lead to have it come back to its bullish trend line creating a symmetrical triangle.
+We can see on the 12 hour that the level that 13.28 is showing some sort of level adaption since we closed above it on Nov 28th
+Great opportunity for a swing trade with target prices of $16.4 and $17.36
+ Im guessing from my analysis that we will see a nice pump this upcoming weekend and break this symmetrical triangle and attempt $17.37
+Most likely we will see a ruction at $17.37 after due to the fact that it will be its first touch on its finally rejection level before ATH.
+Chainlink has great fundamentals as well which I will be posting tomorrow.
+First TP $16.4
Second Tp$17.36
Thanks for reading my TA on Chainlink and remember traders Trade Smart Profit More the best is yet to come!!
XRP/USD | Retesting $.8 Then $.93? | 4H TimeframeRecently BINANCE:XRPUSDT made a pretty strong correction along with almost all other high market-cap coins.
In the smaller picture XRP faces a few minor breakouts before we can confirm a bullish move. Also watch $.564 as a temp support with the next level looking toward $.496.
Currently, XRP sits in a wedge which should complete any day now, it seems to be finding and holding support successfully but don't get your hopes up.
Looking for a breakout of this wedge to the upside (orange trendline), then a breakout of $.679 before we can confirm a potential bullish move on both smaller and larger timeframes.
-DCJ-
BTCUSD $30,000 After Consolidation PeriodI’ve been trading and charting on the 4-hour a lot recently and sometimes you need to zoom out to the bigger timeframes to get a sense of the bigger picture. Looking at the chart of Bitcoin on the weekly timeframe we can see the top cryptocurrency posted 7 consecutive green weekly candles before topping out this week and hitting the $18953 monthly resistance (the body of the 2017 Bull Run ATH candlestick).
This is the one of the longest consecutive runs up in Bitcoin history and this move is exhausted. On this weekly close if BTC is underneath the $19666 level then for the next weeks Bitcoin is going to consolidate between the $16124 - $19666 range before surpassing the old ATH price. Bitcoin is not done going up yet, however, for right now it is tired of climbing and needs to take breather.
BTC did backtest the $16124 monthly level and looks primed to move up on the 1-hour & 4-hour charts but nothing really too major. I'm expecting a decent period of consolidation / accumulation while the altcoins catch up to the price of Bitcoin before it continues moving up. Bitcoin has already matched par with its 2017 Bull Run ATH price while the rest of the cryptocurrencies are still down more than 50% from their ATH price. Altcoins will catch up as well and match even or break even higher than their previous ATH. This is all also confirmed by the ever-so constantly falling Bitcoin Dominance (BTC.D) Index. I think this entire monthly candle will be a flat period of trading in the zones of $16124 - $19666 that I mentioned earlier, represented on the Monthly timeframe by a big Doji candlestick.
For the first time I drew out these Fib levels because you can’t use support & resistance anymore to gauge where the price is going to go when climbing to new highs. The Trend based Fibonacci extension tool should be properly used after a period of impulse like this one we just saw up from $4500 to $19666. This is the biggest point of resistance in Bitcoin history and there will be an accumulation period that is happening right now. After Bitcoin is done accumulating underneath the $19666 resistance level here are the Fib TP levels that are placed:
0.236 🎯 $19576
0.382 🎯 $21703.26
0.5 🎯 $23421.93
0.618 🎯 $23421.93
0.786 🎯 $27587.51
1 🎯 $30704
The 0.236 level at $19576 perfectly matches up with the monthly resistance level at $19666 as well as 0 starts at $16139 with the weekly support I have drawn out at $16124. So this Fib is decently accurate according to my TA, but as always use your best judgment when trading.
Also to note that the 2017 bull run all time high will eventually look like how the 2013 bull run looks like now on the chart, like little dots. In 2013 I don’t really think anybody was predicting that Bitcoin could go to $10,000 or even hit $20,000 but here we are now and those 2013 levels don’t mean a thing anymore. History repeats itself and that’s exactly whats going to happen with the price of Bitcoin today compared to the 2017 high, we are going to be like ‘Hey remember the 2017 bull run with the ICO craze?’
Every halving the Stock-to-Flow ratio of Bitcoin log10s. In 2012 the fair value price of Bitcoin was $1,000 and in late 2013 Bitcoin saw a price of a little over $1,300. In 2016 the fair value price of Bitcoin was $10,000 and in late 2017 Bitcoin saw a price a little over $19,000.
Now in 2020 the fair value price of Bitcoin is $100,000 and in late 2021 we will see a price a little over $_______
Thank you all for your continued support and let me know your thoughts on where you think the price of Bitcoin will be at the end of 2021
Cheers traders
Bitcoin Facing New ATH'sHello traders today ill be going over a pretty detailed analysis on Bitcoin and how facing its ATH will effect the crypto markets.
+So first off I want to say congratulations to all the traders and long term holders for coin. Even if you bought at the peak in 2017 you are have no broken even.
+Now to begin with my TA Bitcoins ATH was $19,697.
+We can see on the chart that Coin actually wicked above this level 1.5% but failed to close which caused sell off. not a crazy sell off but definitely a decent one.
+With Alt season coming around I believe that we could definitely see some accumulation between the levels of 17,174 and 19,392.
+If this plays out market makers would create a accumulation zone for coin and pump alt coins due to the fact that crypto market exclude Bitcoin is slowly rising over time.
Which would be the start of Alt Season.
+What I've noticed over time looking at the total crypto market cap exclude coin Is that it actually is about .5% more then market cap if you add coin.
+In the comment section below I will share both my TA's on both market caps.
+My second possibility for coin is coin seems to be creating a rising trend line started around the beginning of November
+To Confirm this any trend line it needs to be respected 3 times. That is called a confirmed trend.
+if this comes into confirmed trend Coin and many other alt coins will fly past ATH and soar.
+I really can't give any TP's in this post because when a asset is creating facing ATH I find very difficult to have perfect target prices.
+A new set of TA will have to be formed because Bitcoin is going to rocket soon we all know this but we just don't know when.
+But until then traders remember trade smart profit more the best is yet to come!
LTC/USD $100 Next Resistance TargetJust like the other top cryptocurrencies, Litecoin saw a dump just before it approached its monthly resistance. From here everybody was faked out of the marked and sold their coins at $67 as Litecoin capitulated to where it’s at now. The $67 level of support is where you should’ve been buying going long, not FOMO’ing in now the price is almost $90.
Currently, Litecoin faces 2 major resistance levels holding the price down below $100. The first one is $89.92 which is the start of the downtrend that brought the price down to $67. LTC is about to close out this valley, just like how ETH did about 15 minutes ago. Litecoin is just lagging behind a bit.
After the valley is broken, the next level is the monthly resistance at $95. Litecoin is currently swinging in between two monthly levels of support/resistance and will continue to do so until broken out from the top.
I’m expecting some pullback once the $95 is hit, especially in the region from $95-$100 i’m expecting some major resistance pullback and people’s sell orders to hit. Like me personally, I have my orders set at $94.94, just below the monthly resistance level because I know there will be some heavy pullback and I want to make sure my order fills.
Here are my long targets:
TP1 🎯 $89.92
TP2 🎯 $95
As always please do your own research, I am not a financial advisor.
ETH $700 Next Resistance TargetAfter the dump previously when Ethereum made its way up to $617, it saw a dump back down to the daily support level at $498. From there, everybody was freaking out saying the price could go down to $385 and sub-$400 levels. It did the opposite and went for a V-shaped recovery.
At the moment with the monthly close in 10 minutes, ETH is definitely going to close over the $556 weekly resistance level and $601 resistance to target $687.
The $601 valley was created at the onset of the dump after reaching the high price of $617, this time the $617 level has already been tested once, meaning it is a lot weaker than it was the 1st time around trying to break through it going to $687.
With Bitcoin hitting its all time high today, ETH and the other cryptocurrencies are soaring as well. Here are my long targets:
TP1 🎯 $617
TP2 🎯 $687
Be cautious with these next few candles, they are the determining factor for the price of ETH. If you are going long, remember to set tight stop losses.
As always please do your own research, I am not a financial advisor.
BTC/USD Wants to All Time HighAfter the dump down failing to touch 20k or even the previous ATH level, Bitcoin has found support along a weekly at $16599.99 and when everybody was calling short that's where you should've longed.
Now we can see that BTC is in a bullish swing upwards after reversing and doesn't indicate any signs of slowing down just yet.
At the very least, Bitcoin is going to touch $18953 monthly resistance level, if not the previous ATH at $19666 as well.
After Bitcoin closes above it's previous ATH prices there are no more resistance levels in its path on the way upwards and the closest support level would be the all time high resistance turning support. Once this happens, the FOMO into the cryptocurrency market is going to be unheard of.
TP1 🎯 $18953
TP2 🎯 $19666
TP3 🎯 $20000
This has been one crazy rollercoaster ride these past 3 years waiting for this day to come, but we made it. Everybody reading this now I salute you for being an early adopter in cryptos and wish you all the best because Bitcoin is about to pump. This last dump was to stop out over-leveraged longs and shake out the weak hands.
We just had the weekly close and tomorrow will close out the monthly candle offering new opportunities for a pump and Bitcoin looks primed for it.
As always please do your own research, I am not a financial advisor.
LINK/USD Heading Towards $17LINK has found its bottom at the $12.34 - $12.77 monthly support range and reversed from there. The downtrend ended there and has been capitulating back upwards since.
I thought we would see another possible re-entry of $12.77 but I guess not, the ship just set sail and already knocked 2 of my TP levels so I had to update those.
Chainlink is going for a run now and definitely going to regain its previous highs it was at a week ago before the dump and surpass them to eventually reach a new ATH. But for now here are the TP levels for the ride up:
TP1 🎯 $14.4586
TP2 🎯 $15.4438
TP3 🎯 $16.4788
The last level of resistance before Chainlink reaches its ATH is $17.338 and on this next bull cycle it definitely has the potential to do so.
As always please do your own research, I am not a financial advisor.
Chainlink Another Breakout Incoming!+Chainlink in the last few days has been building momentum for its next leg up.
+We can see that even after the huge dump from the rejection of its down tend line I drew it came back down to the support of the symmetrical triangle.
+Closing above the daily resistance of $13.83 will allow Chainlink to go for its first test of $16.47
+Simple TA on Chainlink not much to say
+First TP $16.47
+Second TP $17.33
+Thanks for readying my TA on Chainlink and remember traders Trade Smart Profit more.
ETH Rejected off of $600, What are the Targets This Week?Ethereum has had a great month with the price going from $385 -> $617 that's a pretty incredible upwards gain. ETH also released the news, partially a factor to the sudden increase in price of the ETH 2.0 network launching it's genesis block on December 1st because there were well more than enough Ethereum staked on the network to launch.
The upwards momentum is still there and if you aren't too careful it'll sneak up on you and surpass $600 again without you noticing until it's too late. ETH is done falling, it caught it's bottom at the daily support level and uptrend at $498 and has reversed from there without a single candle close below the $498 level indicating very bullish momentum.
I'm expecting the price of ETH to get rejected off of the $556 weekly resistance level and then bounce back down to try and test $522.48 before moving back up to the $600 & Above levels. This is pure capitulation and you will all see what i'm talking about in about a week or so going into the new monthly candle when this all plays out. Here are the long targets I have placed:
TP1 🎯 $556
TP2 🎯 $600
TP3 🎯 $617
As always please do your own research, I am not a financial advisor.
