Bitcoin to end of year prediction & important points..Bitcoin to end of year prediction & important points.. A perfectly lined up ascending triangle, that was freshly formed on the daily. I see the lowest we go is 46k area being the worst, as long as we can close daily's above 46800, I'm overall bullish until we start closing below 46800.
Fib
ETH - WeeklyZooming into the weekly timeframe at the previous' posts fibonacci extensions.
Another fib (fibception) retracement is lining up with the extensions.
Should we see these levels respected on this time frame then that would be confirmation to reverse from here.
Along with the uncertainty with regulations, we should expect some news to be a 'catalyst' for this kind of move.
Falling Wedge- BullishBig falling wedge on FSLY that it has been holding for quite some time now, however, is seemingly starting to break out of this formation- Bullish and will be looking for a breakout, just some FIB levels & RSI-based supply and demand zones to keep an eye on-
- Closed Friday sitting right on its 20-day SMA (Not Pictured)
- Bollinger Bands Squeezing
- RSI has been in the oversold range for quite some time
- Buyer volume starting to pick up
- Weekly Timeframe (See Below)
PT1- $44.35
PT2- $45.58
PT3- $46.30+
BTC/USD resist support long setup 4hThe bitcoin price could pump soon and bounce between the resistance and supports areas.
Drawn on the chart is 1h/4h identified significant resistance and support lines.
Purple boxes are strong resistance support, blue boxes are weaker resistance support.
The proposed long positions have very tight stop losses, and very loose take profit, so the risk reward ratio is advantageous.
The longs could be made as three individual longs, or as one single long, where profit is taken at the tree different indicated levels.
If a single long is opened, the first take profit should ideally be closing the vast majority of the position. possibly up to 80%, and the next take profit should be 80% of the remaining position.
A fib extension is shown from the recent low, to the current local top price, fitting somewhat well with the historic resistance and support lines.
CHZ, Buckle Up for the next move!Hi!
Like most of the crypto market, CHZ is now in a symmetrical triangle and its target is EXACTLY! matches with 1.618 Fib level!
IMO, this will be the next leg up for this precious coin.
Otherwise, if this TA fails it could reach all the way down to the symmetrical triangle target.
Solana is a monster and hands down one of, if not the best netLooks like from the Week and Day charts we are going to see some slight pullback in September across the entire market including Solana which is quite normal for this time of year. Stoch RSI is showing Sol being red hot on the overbought scene, it did gain around 160% value within a week lol. I expected a big jump at this time because alot of developments/apps are releasing on the network right now. Sol is coded in Rust and the demand for Devs is super high because hardly anyone knows the language. Thats the reason Sol has been slow on app development compared to alot of other blockchains. The MACD is showing selling/bearish pressure and according to Fibonacci analyzation Sol should fall back to the $80-$90 price range before rebounding upwards to around the $140-$150 price range. Keep your eyes peeled for that buy in opportunity for the next ride up. Sol is one of the most stable cryptocurrencies I've seen to date in Price action so its a good one to keep in your wallet and hold often. Happy Trading folks!
If you are interested check my Dev Project I've been working on for the last couple Months called Disco Pirates & SolSearcher at Twitter @TheDiscoPirates
Its going to be a blockchain game, immersive nfts, NFT marketplace, liquidity pool, and social network that operates like a manager for performance artists/venues built on Solana. It's main purpose is to act similar to a non-profit that will help generate longterm/continuous funding for Wildlife and Ocean Conservationists that I vett personally and continuously. I'm working on getting some stuff on the twitter page right now, but as of now I'm by myself working on a multitude of things while also applying for Grants and investors. I lost my job during covid then after 6 months came back to heavily reduced hours. 4 months ago I developed a medical issue with my legs and feet that makes me unable to be on them continuously for more than 3-4 hours so I had to resign from my job. I couldn't afford my school tuition either so I decided to utilize my 24 years experience in Filmmaking, Graphic/artistic design, Web/app UI/UX, Music Composition/engineering, 3d/game design to develop an app that utilizes blockchain tech to help save the only things that have only ever brought me surreal happiness, animals and nature.
I graduated High School with Art and Technology Seals, Went to film school afterwards. I ran my own media business for 3 years when I graduated. In 2008 I got my foot in at Turner Media group starting as a paid intern working in the tape room. The housing market crashed while I was going through their interview/hiring process. They told me I had the job but a week before I was to accept the final offer the Execs enacted a hiring freeze from the crash and I along with a few others did not get the jobs. So I started a Band with 2 bestfriends and toured for 5 years. a Couple years ago I started school again, this time for my Media and Design degree. My late uncle was an artist who designed the keebler elves for an agency in chicago then worked at Disney. My moms cousin, Michael Salvatori composed all the music for the Halo Games and recently partnered with Paul McCartney to compose the music for both Destiny games. My cousin is the person playing the guitar in Halo 2. Art runs in my family and I'm the real deal. So please check me out, follow my page and when the app releases please help support the cause. I'm gonna upload a banner tonight or tomorrow and post a couple of things so its not just a empty twitter page. Crypto basically saved my life over this last year and helped me stretch what little money I had and have 3x-4x longer than I ever could have without it. I absolutely love the community, its the best one I've ever come across and beyond blessed to be apart of it.
Thank You Everyone,
Matthias Nickerson
@MoneroMasterMo
Watching closely- Bull Flag Watching JWN closely here especially with the expected acquisition news- Personally am bullish and will be watching closely for a breakout (Broader Market Conditions Permitting). Just some FIB levels and RSI-based supply and demand zones to keep an eye on-
- Possible cup & handle forming
- Bull-flag on JWN's yearly chart
- Gap to fill on the upside
Something new to tryThis chart is a challenge for all of you to try something.
First: Watch Akwaflow's video " BITCOIN : WHAT'S NEXT IS ALREADY WRITTEN IN THE CHART !!! " on YouTube.
Placing the circles is the first hurdle. The point is to detect pivot points.
I did this first one quickly so it may not be accurate. This is a work in progress until the circles show their positions and start indicating future pivot points.
First guess: XYM at $ 0.60 by the end of the year.
TrendyTrades: VRM Bullish Analysis with confirmationVRM: You wanna see a close above 29.60 for confirmation that price will push back up to 36+
XRP - Weekly SellsComplete bias for this pair, this fib has played out so far from the first retracement to $1.60 - $1.70
After retracing to the 61.8% & 78.6% retracements we saw the -27 extension hit around $0.58.
We have now seen another pullback this time to the 38.2% retracement,
Solid candle closes at this level on the HTF (Weekly), I am expecting this to hold up with the help of the trendline.
What goes against this bias is the PayPal news that came out today.
I have taken a % off the table and am happy if we continue higher or reverse from here.
The target of $0.30 - $0.20 is possible with the help of the -61.8% extension and the trendline on the HTF.
amd. how can i buy when price seems really high?Just looking at a few basic techniques and trying to keep some of this information fresh in my head. I get a little dull using the same tools over and over, so I like to open a new can of worms once in a while.
here i am mostly relying on fibonacci retracement levels, specifically the .5 level to act as a psychological turning point.
BTCUSDTHere we can see elliot waves impulse and correction now price drop from its 61% fib level 48k$ and come back to its strong trend line. previously we seee when price hit the trend line we see a strong bounce we expect price bounch from here also double bottom formation if price bounce from here we see btc price at 48k$ and 50k$ but in the case price break the trend line than price drop more to 42k$ and 40k$ strong support. You can take buy entries on given support levels.