What's Next for $Bitcoin+Hello traders hope you all had a great Thanksgiving and happy Black Friday. Stores are having there sales on there products are so are the crypto markets.
+After seeing its first touch on the weekly level Coin and most other coins in the crypto space took a pretty harsh dump.
+This weekly level 19,378 was the finally resistance level before coin would reach its all time high.
+A pullback like this is healthy and should be expected due to the fact of this being its first touch on the weekly resistance.
+Now I have 2 predicts on which way markets could go.
+Number 1 being that what we are seeing is a relief rally and we actually come back down and retest the white trend level or $13,863
+This level is a monthly resistance but would become a support. if you look back at July 8th 2019 you can see we wicked this level and came right back down.
+I really think there is a chance we come back down to this level if we do not maintain $16,174.
+I also took a glance at the greed scale for crypto and many people are still greedy so there is a chance we do come back to this 13,863 level.
+My other predictions is see accumulation in the white box I have drawn and move up from there.
+regardless if we go back down or see more accumulation right now is literally a flash sale for cryptos and mostly major pairs.
+Thanks for reading my analysis on Bitcoin and remember traders Trade Smart Profit More
Easylootcrypto
$ChainLink Pump After the Dump+Hello Traders in my previous Chainlink post I noted that this symmetrical was going to help us lead into another breakout.
+Unfortunately Chainlink did not break out of this triangle and you can see which lead to the massive dump over the past 2 days.
+The Weekly Level 16.5 was not even wicked in the past previous pump we got really close but did not touch so this does not count as first touch rejection.
+There are a couple of ways I think the next day and few weeks will play out.
+1st being we will continue to respect this trend line and slowly ladder up the white trend line.
+Another possibility's I see is we come back down to the symmetrical triangle for a retest and slowly ladder up from that point.
+Personally i am taking this dump as a opportunity to stack longterm and scalp on futures and reinvest my profits into longterm.
+I will only be giving 1 TP during this overview due to the fact I know it will take at-least a few weeks to reach my TP
1st TP $16.5
Bitcoin Dominance (BTC.D) - Alt Season?The Dominance gained on the BTC.D Ratio Index throughout Sept-Nov. after the summer from 58% to 66% just closed out a futures gap needed to fill around 65% and spiked right back down this week, even below this longterm trend that held the price in the fall like I just mentioned.
With coins like XRP taking off 35-40% in a day and across the board all these altcoins are starting to fly, such as XLM soaring to 0.15 last night. Bitcoin is approaching its all time high and should be hours before it hits, while all these altcoins are slightly to majorly outperforming BTC making Bitcoin lose its dominance.
From here, I can’t really see this dominance holding around 62% and reversing back up to touch 70% this dip down was pretty aggressive and I think it will continue pushing downwards. Take a look at the TOTAL2 crypto market cap, it is gaining a lot and about to take off even more.
Stop teasing me BTC.D , and just let the altcoin season happen already i’ve been waiting almost 3 years now.
Let's see this altcoin season happen
ETH 2.0 Launching Dec. 1st, What does this mean for Ethereum?Ethereum has been a top performer in the crypto market this year, up 410% YTD even with the corona crash. I don’t expect this upwards momentum to stop anytime soon, there are a lot of factors coming into play that could continue this momentum such as ETH 2.0 Beacon chain launching Dec. 1st. That is huge news for the Ethereum network, possibly the biggest news since the inception of the coin. The network is switching from the PoW to a PoS where users can stake their 32 ETH to secure the network as well as make some nice yearly residuals doing so.
The 524,188 ETH required to stake the coin hit the threshold late last night, and this morning it has a little over 700,000 ETH staked in the 2.0 contract. The best is yet to come with the price, we think we’ve seen it all… I say the party hasn’t even gotten started. Think about all the FOMO that is about to happen.
It’s only hours away from Bitcoin hitting ATH price and from there hitting 20,000 and beyond should be a breeze. BTC should go back down a bit to maybe even $18750 before continuing its move upwards. All time high is coming and it is coming very soon and should reflect across the board in the rest of the crypto market. Dow Jones Index also just hit 30k today for the 1st time in history.
TP1 🎯 $617
TP2 🎯 $687
As always please do your own research, I am not a financial advisor.
Easy Loot
Bitcoin $20000 IncomingBitcoin has been constantly moving up since 10k with some skeptics still calling for a short. BTC created this upwards channel from the start of the move upwards starting from $16124 - $16599 weekly support range.
From there, Bitcoin 1st touched rejected off of the $18953 monthly resistance level (basically previous-ATH) and dropped back down only to find the upwards channel acting as a level of support.
BTC yesterday regained $18383 as support and found the $18953 monthly level resistance turned support. From here, I expect BTC to dance around with this $18953 monthly level a bit going up and down around it until eventually hitting the ATH on BitStamp at a devilish price of $19666. I don’t like that number but I don’t make up these levels, you should bring that up with the market makers.
It’s only hours away from Bitcoin hitting ATH price and from there hitting 20,000 and beyond should be a breeze. BTC should go back down a bit to maybe even $18750 before continuing its move upwards. All time high is coming and it is coming very soon
TP1 🎯 $19666 (Previous ATH)
From here on out, the support & resistance levels marked out on my chart don't carry any meaning anymore, we need to find new levels but that will only come with time. It'll be hard but fun doing technical analysis with never before seen prices on Bitcoin, i'm very excited for whats to come. The best is yet to come
ChainLink Breakout Coming Soon On It's Way To Test Monthly Level+Hello traders we are seeing one hell of a pump these last few weeks. With Bitcoin coming to its ATH,ETH finally breaking its 3 month valley and XRP finally showing its results from being being in accumulation for so long.
+So what's next for LINK?
+Well things are looking really good for Link you can see that this our 3rd test on trying to break this symmetrical triangle.
+We cans see in our previous 12 hour candle we wicked past the daily resistance at 16.05 and almost had our first touch at another daily resistance at 16.5.
+Seeing that we did not test 16.5 yet that level is still my first TP. 15.85.
+ To be able to hit these TP we're going to need to see a we hour close above the symmetrical triangle as well as daily+ 12 hour support at
+Based from my TA I believe if we can close above 15.85 would have created enough momentum to be able to test 16.5 and then 17.33.
First TP 16.5
Second TP 17.33
Thanks for reading my TA on Chainlink and remember traders Trade Smart Profit more
ETH $618 In The Cards+Great afternoon traders hope you all made some money this week so lets get straight to the TA.
+ETH has finally broken out of its local valley of 475.
+Anyone who's been trading ETH for the past few months that we have been in a long term accumulation if you zoom out on the chart.
+we can see that we had our first touch rejection on daily resistance $559.
+This caused a pullback pullback last night.
+On our last Previous closed we can actually see ETH Blew its daily resistance out of the water $559
+It's no doubt that alt season is approaching with the increase of Crypto Market cap as well as the Bitcoin halving finally show some results.
First TP $618
Second Tp $669
+Thanks for reading my TA on ETH and remember traders TRADE SMART PROFIT MORE.
BTC FACING ITS FINALLY RESISTANCE BEFORE ALL TIME HIGHS+Good afternoon traders and happy Sunday. This week has been one hell of a week due to Coin facing its finally weekly resistance before its ATH
+Before I begin my TA since Coin is getting more difficult to trade there is going to be a new style of TA.
+I believe now traders should start to draw channels and really begins o look at volume and keeping up with news. Yet I am not not the biggest fan off trading news we are facing new times so we are going have to adapt.
+To begin my TA we can see I have drawn a rising channel that started back on the 22 of October.
+ Coin is now turning its resistances into support $17,330
+Coin looks like its a very bullish pattern creating higher lows and higher highs.
+Target price for Coin is currently at
$19,738.
Best of luck traders the best is yet to come
and remember TRADE SMART PROFIT MORE
$BNT ALT SEASON PUMP | 136% Inbound?Huge technical play setting up on BINANCE:BNTETH , looking for 58% in 35d and 135% in 76d (if breakout is successful)
| LEVELS |
Entry: 2149 BUT we look for entry after we breakout 2145 and retest it as support.
Stop-Loss: 2071
Target Profit 1: 3669
Target Profit 2: 5349
Long Target Profit: 6497
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Support: 1328
Resistance: 2145, 2593, 3672, 4081, 5356, 7125
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
-DCJ-
Bitcoin Scam Wick And Why It's Nothing To Worry About+Hello Traders and I hope you all made your money before the scam wick last night.
+The pattern im seeing on BTC reminds me of ETH back in July 21st-August 1st.
+Coin seems to be in a very parabolic pattern.
+On the previous 12 hour close we closed below another huge 2 year valley at 17730.
+Market makers know that most traders have the level 19650 marked as there last level before we break ATH for Bitcoin.
+Them knowing this thats the reason we got a tease for 18k last night.
+In my eyes teases link that indicate that we will see those numbers again very soon.
+Another 12 hour close above 17730 level and Bitcoin will be on its way to break its finally 2 year valley.
+That being said Trade safe everyone ATH are coming soon so make sure you have a stop loss when trading Coin.
First TP 1960
+Remeber traders Trade Smart Profit more hoping we break 20k by the end of the year!
Bitcoin $19000 Previous ATH IncomingThis morning Bitcoin has broken through the last level of resistance in its path to retouch previous ATH at $19000 ($18953 on BITSTAMP)
The level of resistance at $17295 is only found on the 4H and is not a major level of resistance at all. The real region that BTC is trading around is from $16124 to $18953, both levels found on monthly timeframes.
BTC will pullback but not until the move is fully exhausted, Bitcoin is not done climbing yet the move is still happening going up.
Last TP level before TA is basically out of the picture is $18953 which BTC looks like it's headed towards now. Beyond this level, Bitcoin is going to be a whole different animal to try and trade because technical analysis as we know it will change as support & resistance no longer will work. Just resistance levels on small timeframes that have just been created that's about it.
Bitcoin could potentially dip back down in price a bit to retest the $17295 level or even wick $16599 before moving back up to touch previous ATH.
Let me know your thoughts down below!
As always please do your own research, I am not a financial advisor.
LiteCoin Bullish Momentum Testing Weekly levels+Litecoin for a bit seemed to be lagging behind the other major pairs like BTC,ETH,LINK etc.
+Anyone that has been watching or trading Litecoin knows that these 3 weeks we've seen some very interesting patterns.
+Right off the bat you can see that I have marked a bullish trend line that started back in March.
+Litecoin seem to lag behind its other pairs but as of recently it seems to have gained enough momentum to finally test higher highs and weekly resistances.
+Litecoin is also about to face its 276 day valley created in late February.
+Now the yellow weekly resistance I have marked down is at the moment is being tested.
+There are 2 predictions I have in mind.
+The first one being we will see a daily close above 72.25 and continue to go for the next Resistance which is at 79.45
+My second Prediction is we could see a pullback to the previous swing high which is marked at 68.5,accumulate between that level and retest 72.25 and then 79.45.
+With markets being so aggressive lately its hard to say and you can tell the market makers want you to fomo in.
+Fight the Fomo demon and wait for a retest
+Thanks for reading my TA on litecoin and remember traders Trade Smart Trade Less
$Chainlink The Breakout We've Been Waiting For+Hello traders to start of this Monday ill be going over why I think Chainlink is going to do some serious pumping soon
+Right off the bat we can see that Chainlink is coming to a end of its symmetrical triangle pattern.
+Most times when facing the end of a symmetrical triangle I notice a nice breakout to the upside.
+I have marked daily supports and daily resistances to show that Chainlink is bouncing between those 2 levels as well as this symmetrical triangle.
+So what's next for Chainlink is everyone question.
+I am bullish long term on Chainlink but we could see a potential dump these next few days.
+We could potentially come back down to the daily level of 10.6 if we reject this daily resistance+triangle.
1st TP 13.47
2nd TP 13.8
Further TP will be announced once we reach these TP
Again traders remember Trade Smart Trade Less
ETH Sell Off Before The Pump +Right of the bat we can see that ETH is in rising channel.
+This is ETH 2nd attempt on this 2 year vally/resitance.
+ETH in my analysis will come back down to the Daily support 378.
+Judging by my analysis I believe we will blow through that weekly resistance and come back to the edge of the rising channel which is around 401-378
+Remember traders keep things balanced when attempting to catch a fall knife,Trade Smart Trade Less
Bitcoin Halving Event Starting To Show Momentum+First off everybody I hope you guys made some money during these last few weeks of the crypto markets pumping.
+Coin has been increased in price by 63% in the last 2 months and now facing ATH from 2017
+Now with the rapid increase of Coin pumping and everyone trying to get into Coin think we've faced a little bit of exhaustion.
+The weekly level at 16714 is more then a 2 year valley that started in 2017.
+Now this is seen on a weekly timeframe.
So what's next for Bitcoin is everyones question.
+Well if we zoom out on a Daily timeframe we see that 13863 is a support also backed up by a swing high of a downtrend. this is where ill be entering due to the face that Coins price will also be back into its rising channel.
+$13863 will be my buy zone
And always remember
TRADE SMART PROFIT MORE
Bitcoin All Time High Early 2021Bitcoin is 15% away from its previous ATH set back in December 2017, and now 3 years later BTC is on its way back to those previous levels.
In the start of 2019 Bitcoin formed its swing low, which the uptrend is drawn from, and in June of 2019 it formed a downtrend from the swing high of that same move at the start of the year, forming a symmetrical triangle.
Since June 2019 after the peak just under 14k, Bitcoin has been trading inside the newly formed triangle until bottoming out along the uptrend drawn from the start of 2019. Then July 21st, 2020 Bitcoin broke out to the topside of the triangle forming a new bull run. The direction has been decided, it is up but where will the pump stop?
A weekly close over this $16124 weekly level Bitcoin is currently fighting for would send the price to retest the all-time-high. This move is not over yet and if Bitcoin was going to pull back to $11479 we would've seen that by now. 2 days left in this weekly candle I think Bitcoin has a very strong chance of closing over and continuing its move up.
The pullback everyone is talking about will be from $19000 (previous ATH), as thats the strongest known level of resistance in Bitcoin's history. Going into the rest of this year and early 2021 Bitcoin should wick the $18953 monthly level and reject only to find the middle ground trading in between $16124 & $18953 before surpassing the previous all-time-high.
Beyond the $16124 weekly level of resistance, the only resistance stopping BTC from breaking the previous ATH is the previous ATH resistance level. Bitcoin has only spent 39 days out of its short 11-year lifespan trading above the Spot price of $16124 so we are definitely entering new territory.
And when the price does reach new ATH and we are trading clean above $20,000 there is no more technical analysis to determine where the price is going to stop pumping. Even right now trying to do Technical Analysis is a bit dodgy, because there really isn't any levels of resistance left besides a 4H level at $16599.
As always please do your own research, I am not a financial advisor.
$WW Weight Watchers Technical Analysis 2020-2025Technical Analysis & Trade Idea $WW WW
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If you enjoy my technical ideas, smash that like button. Thank you!
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Entry: $31.6
Stop-Loss: $28.97
Short-term Target: $39.97
Easy Loot Target: $50.37
Long-term Target: $76.97
Simple trade idea, do not trade. Only looking for bullish move after breakout and confirmation.
DotcomJack
$ETH FACING RESITANCE+Please take note that this is a TA for ETH Perpetuall Futures numbers will be a tad bit different from spot.
+I called this move up in my previous ETH read due to the fact that it was respecting the trend like very well.
+We can see it wicked $384 to a T pulled back.
+ Re-entry should should be $369.14 if we do not hold $378.04 resistance turned support.
+Ether re entry at $369 is golden another key to another leg up is if it can continue to hold this trend line I've drawn from the 24 of September.
+First TP:$384
+Second TP:$387
+Third TP:$392
+Updated Target prices will be given once we break these
+Thanks for reading my Technical Analysis on ETH and remember
TRADE SMART PROFIT MORE
$ChainLink Called The Breakout +As I mentioned in my previous Chainlink post I noted that the levels 10.6 and 11.016 were being used a accumulation zone.
+I called the breakout and since then ChainLink hit ATH of 7.3% in 2 days.
+Chainlink still seems to be in a bullish pattern and this slight pullback is healthy for a move like that.
+The level of 11.016 needs to be respected and it will become and resistance turned support which will create momentum for its next move up.
+1st TP $11.23
+2nd TP $11.491
+3rd TP $11.685
+My self personally I like to have multiple target prices exit and then re enter if I know the coin is going to pullback.
+Thanks again or reading my thoughts and analysis on ChainLink and remember.
TRADE SMART PROFIT MORE
The Make Or Break For SUSHI:USDT +Right off the bat we can see Sushi in a falling downtrend.
+Sushi is coming to a make or break situation
due to the fact that its meeting a very important support.
+As you can see Sushi is facing the resistance level of $.6755
+Over the past few days Sushi seems to be showing some textbook accumulation.(White Box)
+You can see for the last 2 days Sushi has been bouncing between $.6443-$.6755
+Persoanlly i see this a trading against the trend and it is a little to early to decide whether or not I should grab a long or short.I would love to grab a long portion but id rather wait a bit.
+Regardless of my position my TA shows that Sushi will be making a very big move soon.
Thanks for reading my thoughts on SUSHI:USDT and always remember. TRADE SMART PROFIT MORE
ETH MOVE UP 10/16/20+Here are a few reasons why I'm personally bullish on Ether.
+Ether Is respecting both trend lines drawn on the graph (Light Yellow).
+White Box seems to be a accumulation zone as well as a support zone for the coin and its meeting the end to its accumulation zone it seems like.
+I also like to take in consideration when trading major pairs the price of Bitcoin due to the fact that there seems to be a correlation to bitcoins price and other coins.
+It may take a few days for Ether to break this trend but I do seem it as a high possibility.
First TP 386.69
Second TP 392.43
Will Update TP's one we break these and once again Trade Smart Profit More
ChainLink Pre-Pump 10/16/20+Its been a weird few days with the recent pump from last week it seems like many coins went into accumulation Chainlink being one for them.
+The white box drawn seems to be a accumulation zone
+Accumulation text book definition states longer the accumulation bigger the move up.
+Links been in this box for a few days now and looks like it could rip today or tomorrow.
+Another reason I'm personally bullish on link is due to the fact last night Chainlink broke out of a downtrend trend line it jumped 22% on the day spot. I signaled 1100% on the day with futures.
+First TP 11.283
Second TP 11.688
Third TP 12.136
$XRP Double Bottom | 7.4%+ Easy LootStrong technical analysis on XRP BINANCE:XRPUSDT , with my personal entry for this easy scalp. This chart is a continuation of my previous read on XRP (view it below)
Entry: $24.63
Stop: $24.25
Easy Loot Target: $26.34 (7.44%)
This is strictly for educational purposes but will be Easy Loot.
DotcomJack | Easy Loot