Alert: Bitcoin could to form an ascendent triangle!!!I see that Bitcoin drop until level o $35k. But that was because today we have that China it's attacking the Bitcoin mining in Shihuan, China. That will be a bad news. But just the only that I have in my technical analysis it's that Bitcoin could to form this chartist pattern. Now, I will no going to trade Bitcoin and closed up my long position. Just my only long position it's in Tezos based in Daily and weekly analysis and Cardano based in Daily perspective. But now, I know that the top cryptocurrencies are consolidating. Now, I do not going to trade BItcoin until make any break out. Remember that BItcoin was in the simetric triangle and break out this chartist pattern, and it's supposed to entry around to $37k level to long position, but today, Bitcoin invalide the simetric triangle. Now, what I mean to say for you it's that Bitcoin could to form an ascending triangle that it's in formation.
Psycology
Bitcoin it's in this support of $37k level!!!Bitcoin it's look in this suppport reaction between the zone of $37,800-$37,600 USD. For that, we would need to bope a bullish entry of the next candlestick group to buy Bitcoin in this timeframe. For that, I decide in the morning just reduce part of my long position to closed up and then, buy some Bitcoin contract to long position.
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In H8 timeframe it;s look with good panoramic and we see that if Bitcoin valided this support above of $37,600 USD. The trend may to recover above of $40k.
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And in this Daily timeframe, Bitcoin it's break out this simetric triangle and based in this theory, Bitcoin it's in the support of this trend line break out
This it's very key for Tezos!!!I see that Tezos could to continue up toward the resistance of $7.80 USD. Also, Tezos make a lower higher in the price if you mark a trend line up, and the strong support st $2.90 USD that I mark this horizontal line in bold. And I show the supports and resistances. Now, this it's my forecast how I see Tezos in the next trade. For that, I thinking to get a profit when Tezos reach the $7.80 USD buy. As I'm in long posiiton in this cryptocurrency, you can to buy this cryptocurrency in this accumulation zone to trade.
If you find up a broker to trade cryptocurrency. I'd reccomen to use Simple FX to trade cryptocurrencies, and also you can to trade Forex, commodities, stocks, and much more. I use cryptocurrency. The best that this broker do it's that you can to open up a multiple account in USD. Euro, or cryptocurrencies like Bitcoin, Ethereum, Cardano, Chainlink, XRP, Tezos, EOS, Litecoin, Bitcoin Cash, and much more funding in it. In my personal opinion, I use an Cardano account to accumulate Cardano. I been accumulate this cryptocurrency ADA to get my profits or loss in ADA. I have 3,455 Cardano (ADA) coins accumulate since April 2021 when Simple FX offer Cardano deposit, I just deposit 2,000 Cardano coins when I been began on April. In part that I have 0.44 BTC where I Sold my 10,484 Cardano (ADA) coins. But for that, I want to accumulate the enough Cardano.
But guys, this it's my reccomendation for you where you can to trade cryptocurrency and no matter if you deposit in USD, Euro or cryptocurrencies like Bitcoin, Ethereum or Cardano or what I mentioned above. Or if you want to trade Tezos to $7.80 USD, another good option for who are Tezos lover, you can to deposit Tezos and open up a Tezos account on Simple FX broker.
My possible next trade for Ethereum!!!Ethereum show us that form an ascending triangle, a bullish pattern. Now, I analyze from H12 timeframe and I look that Ethereum form this chartist pattern, I don't going to trade Ethereum until make a break out. For that, my main trade will be Bitcoin becase Bitcoin Dominance it's up and altocins are suffer when you compare Altcoins/Bitcoin ratio. My possible predictiion that Etherem could to reach it's the mark of $4,000 USD.
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But if you look the Daily timeframe, Ethereum show us that the trend it's make always lower higher in this key support line from began on 2021 from the price of $1,200 USD approximately. That could be a good news for Ethereum that the next price will be above of $4,000 USD.
Ethereum form Shoulder Head Shoulder; bullish patternIn the H4 timerame, it's look a good opportunity to buy Ethereum, but I will going to reduce my trading perspective and apply my old strategy that it's based use lines analysis with find up best support and demand so easy. Now, Ethrereum form 100% a shoulder head shoulder inverted, now my next prediction for Ethereum it's this cryptocurrency it's recovery the previously level of $3,000 USD and $4,000 USD. My next prediciton will be the resistance of the mark of $3,300 USD. This will be my target profit. And my SL will be around of $2,300 USD. It's a risk management like 1:3. This it's perfect!!! I pur my buy order limi at $2,600 USD.
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Now, as reference, in Daily timeframe, we see that Ethereum it's preparing to up again. I believe that this was a correction and we are not going to down to a beark market. Just a correction of the trend as Bitcoin down. For that, this it's a good opportunity to trade Ethereum.
I just going to trade Ethereum. Because I will going to apply my trading goal. Remember, if you want to achieve your financial freedom, you will need to calcualte your risk management and find up your goal. My goal for any market it's find up 30% monthly. and that it's the end. I believe that apply this strategy, I can to find up my financial freedom by long term, in except in investment of cryptocurrency, but I believe to soon create a telegram group for my crypto-community to not just to share trading signal, to share cryptocurrrency news like articles, video, blogs, educational content and much more.
Bitcoin broke up the neclcine of this bullish flag; $49,000 USDIn this chart, we see that Bitcoin broke up this bullish flag; reversal pattern. So, that mean that Bitcoin have al chances to continue up in this week to $49,000 USD, my target profit.
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This it's the H4 timeframe and the chartist pattern that I said: the bullish flag!!!
So guys, in my other analysis of bear market, will be closed up inmediately as Bitcoin continue up and get some profit of the short position, then, you can to entry right now in H1 timeframe and put the SL at $37,000 USD and consider these targets to reach in this up in this beautiful trade.
Good luck!!!
Chainlink break out this bullish rising wedge; bullish patternChainlink show us a good trade in this day, we see that Chainlink was consolidating forming a bullish rising wedge, the price make support above of $50 dollar as I show you, you can to buy right now this cryptocurrency putting a long posiiton in your trading, so, my target profit will be $60 dollar soon.
Guys, Chainlink continue growing up, for that, this cryptoucrrency will be the next to explode.
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In H8 timeframe it's look bullish, and also, I apply lines to my technical analysis and we see that these lines form a basic channel that make support in four occasion that I show you in this green arrow. for that, my prediciton for Chainlink will be the $60 dollar.
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We see also that Chainlink form a key support that I show you in this Daily timeframe, and make support, that it's another bullish indication that Chainlink it's the next cryptocurrency to explode. For that, this trade will be awesome.
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Chainlink it's leading to $100 USD by medium term if you measure in 3 Daily timeframe.
Guys, this it's an opportunity to trade Chainlink, for that, good luck in this awesome posiiton in Chainlink. Remember, we reached the $7.70 USD target in Tezos and we get profit in this cryptocurrency. Meanwhile, we're in Ethereum trade and profit from $3.350 USD, Ethereum it's above of $3,500 USD.
So, in this week. the next cryptocurrency that could to explode are Cardano, XRP, Litecoin to be in the radar between this week and begining on Sunday o the next week.
Alert: Cardano break out the ascendent triangleLooking the Daily panoramic, Cardano break out this ascendent triangle of accumulation zone. That mean that Cardano it's going to up to my speciic target at $3 USD based in the ascendent traingle base, what I measure the width of the ascendent triangle to get a prediction.
Guys, remember, in Simple FX you can now to open up a Cardano account, so very soon ,i will going to send 4,300 Cardano coins to starting to accumulating Cardano. I will going to be specific to get more Cardano coins to accumulate.
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In 3 Daily timeframe, Cardano it's extremely bullish by short term toward $3 USD.
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Now, the Daily panoramic it's bullish.
Now guys, yesterday I sell all my cryptoucrrencies to get Cardano coins, I sell Bitcoin, Ethereum, Chainlink, XRP, EOS, Litecoin and Tezos for Cardano. Now, I hold around of 25,003 Cardano coins, but part of my Cardano, I will just to use 4,300 Cardano coins to send to Simple FX to make trading using Cardano to accumulate my favorite cryptocurrency. So, I find up an interesting trade in Cardano toward the $3 dollar. For now, we hope an entry price around of $1.56 USD to make sure to entry in good price. And not now, becuase maybe I hope that Cardano down a little to $1.56 USD to then, hope a price action to give me a buy signal.
Bitcoin form a double top!!! Sell SignalAt the moment, I was reccomend to closed up the Bitcoin Cash and Tezos long position in boths trades becuase Bitcoin form a double top, and the crypto-market could to experiment another little correction, did you know, in the past days, Bitcoin drop from $64k to $48k. But, maybe, Bitcoin may to go back to the support of $51,000 USD to make any confirmation in this bullish channel that we're in Daily timeframe.
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That it's my proyection in Daily timeframe!!!
In H1 timeframe it's look bearish, for that, the trend it's leading in favour based in the price action!!! And well, as the Shoulder Head Shoulder was invalided, and not complete 100% their pull back, that it's manipulation. For that, we are going to entry in short position to sell Bitcoin from $56k to $51k. Right now, this will be my only trade for now!!!
Bitcoin Cash could give us a long position!!! Fibonacci levelsAt the moment, Bitcoin Cash it's show us a good entry in the 0.382% and 0.618% of Fibonacci, into this two levels, we can to entry in long position in Bitcoin Cash. And maybe, this trade are more interesting than trade Bitcoin, I will going to enfocous in Bitcoin Cash than Bitcoin, becuase the difference it's the volatile and Bitcoin Cash it's became a volatile cryptocurrency and the price it's so near of $1,000 USD.
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This screenshoot help you to know the trend
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It's very important for us to know the Daily timeframe because it's the key to follow the trend. So, in general, it's bullish
Now guys, at the moment, we hope an entry in BItcoin Cash into these Fibonaci levels in 0.382% or 0.618%.
Good luck!!!
Could XRP forming an elliot wave cycle? XRP continue droping today from the $1.34 USD that was my short entry price and right now, XRP it's around of $1.05 USD. And right now, we see the 3 Daily timeframe and we look that XRP could to form a correction #4 before to continue up.
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Now, in the weekly timeframe, we have 2 support: The first support it's around of $0.90 cents and the second support it's show in the level of $0.63 cents. Depending on this drop, if XRP continue break down the red support, XRP could to large more dropping to $0.63 cents.
Guys, we trade in Bybit this cryptocurrency and I invite you to join and follow my cryptocurrency signal that I talk everyday of Bitcoin, Ethereum, Cardano, XRP, Chainlink, others crypto that I have in my radar like Litecoin, Tezos and EOS.
News:
1. At the moment, I decide just to buy 10 Litecoin, 100 EOS and 100 Tezos by long term. I consider these cryptocurrency like my top #6, #7 and #8. In based that this cryptocurrency. One of my plan it's use this cryptocurrency to buy a new home, a new car, pay my own education in my college to study Finance and much more. That will be my plan for myself.
2. I decide to hold until 5,000 XRP coins to measure my result before, now and after, and by long term throughtout of the time.
3. I will going to increment my Chainlink asset until 200 Chainlink in my trading account. This cryptocurrency it's another in my big radar and I believe that Chainlink in the present and the future far way it's came to bring us an adoption for this technology for the Decentralized Finance. At the moment, I hold 63 Chainlink coins.
4. And based for Ethereum and Cardano, I keep this asset. My goal it's to reach 10 Ethereum. Remember, 10 Ethereum when the price reach the 0.1 BTC, you can to earn your first or 1 Bitcoin 100% pure. Now, in Cardano, I keep my total asset of over 10k Cardano coins. For that, I measure whole by long term.
5. Comming soon, I will going to create a telegram group to share my analysis and news, create a community and more later, I hope to create a you tube channel to start to create video and streaming online. I see that my community in trading view it's biggest and plus with my Twitter followers, I am so near to reach the 2k followers.
Now, you need to take a plan to how can you to achieved it?
At the moment, the XRP price it's so near to touch the $0.90 cents. In minutes, I will going to update this par.
XRP show us that support the 0.618%Maybe, I believe that this prediciton was ok in my past anaysis that I link below of thie link to related idea if you're interesting to read. Also, I draw an elliot waves that it's show that we form the correction #4 in this cycle, now XRP it
s support above of $1.26 USD that form the 0.618% of Fibonacci. And we see that this same confluence support in the past bear rally on 2018 when that support like resistance, and right now, XRP make support in this confluence zone in 3 Daily timeframe.
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Now, in this screenshoot, I believe that XRP have all chances to continue up, and today if XRP closed up with bullish indication, that mean that XRP could to continue explode to over $2 dollar.
That is it. And guys, if you're find up where to trade XRP, I'd reccomend to prove the Bybit platform when you can to trade XRP, Bitcoin, Ethereum and EOS, and futures. And guys, as I have profit in Bybit, I thinking to use this XRP earning to invest in others crypto to divrsify my portoflio. For example: EOS and Tezos are my cryptocurrency in my radar and as these cryptocurrency are undervalued in the market cap, we have time to accumulate and get EOS and Tezos. For that, I thinking to hold my 4,534 XRP and not more, did you know? invest in others cryptocurrency that I recognize their potentail like EOS and Tezos. But, I will going to withdraw my 500 XRP to complete my over 5,000 XRP to complete the mark of 5,000 XRP and not more. But I decide to keep with this quantity with 5,000 XRP, but I will going to be more patience, keep my XRP coins and hold, and trade with XRP to get compount interest to invest in others cryptocurrency, that it's will be a good plan as I know that XRP growing up fast.
XRP it's in the 0.618% of FibonacciIf we look, the 0.618% of Fibonacci it's work as resistance. But now as support. At the moment, we don't have any long or short entry becuase XRP it's consolidating, but yes, there's a some bullish signal that XRP could to continue up in this correction. For that, I see that in H4 timeframe if XRP form a bullish candlestick, we can to entry, another thing it's that XRP forming a possible bullish rising wedge.
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In H8 timeframe, we have 2 things to say that XRP form a libebelula doji and more later form a bullish candlestick. That are bullish signal or now, but in H4 we have the possibility to entry in this timeframe to long position in XRP.
Guys, for that, if XRP doesn't break down the support of $1.50 USD that form the 0.618% of Fibonacci, we can't to find down short positon in my other analysis that I show you. For that, we hope an entry, my perspective it's that this analysis in H4 timeframe, I believe that if XRP show us i nthe next 2-6 hours the bullsih candlestick, we can to entry to long position in bybit.
Cardano break out this simetric triangle and pull back confirmedI see that Cardano break up this simetric triangle and that was an accumulation zone in the range of $1 to $1.44 USD. Right now, Cardano it's above of $1.40 USD and we see that Cardano have all chances to continue up in the next days. For that, we can to looking for long position in this cryptocurrency.
In Daily timeframe, it's look bullish and I see that Cardano it's leading toward the $2.86 USD calculating the simetric triangle base to compare and project the next bull movement incomming.
We see in 3 Daily timeframe that Cardano based in this timeframe, it's could to leading to $7.66 USD in few weeks by medium to long term. That will be amazing for us as we're Cardano holder. And also, I want to make stream video in trading view here to talk about of cryptocurrency news, about Cardano, and other altcoin to know their fundamental analysis, and maybe, I belive to create a telegram group, that help us to be connected as community.
Now, we see that Cardano it's extremely bullish, you can to put a buy order limit at $1.41 USD with the SL at $1.19 USD and your target proit will be $2.86 USD. Guys, if you found out that this idea it's going to support for everyone, you're inviting to share this analysis with others traders, crypto-enthusiastic and others crypto-community to know my perspective and expand my presence.
XRP make support using Fibonacci level!!!Hello guys, as for today, I see a little correction in XRP. Right now, XRP worth $1.72 USD. and that it's not the end, did you know right now we have a good entry that we can to look for example in H2 timeframe.
In this screenshot, we see that I mark a yellow square that I show you the price action, we see a bullish rejection candlestick, their name of this candlestick it's called Doji of long legs. I belive that this it's their name, basically I don't know the name of this candlestick, but based in my real experience + practice, that it's an indication that bulls are continue defending XRP to pump more higher.
In H4 we see and we can to look 2 things. There're 2 support using Fibonacci level at 0.382% and 0.618%. At the moment, XRP move to $1.75 USD, so, that mean that you can to re-open or open a long position in Bybit. In the morning, as XRP was reach around o $1.90 USD, I decide to closed up my long positon and I get a profit of 1,433 XRP accumulate to then, use my rest of balance and what I earn to open up a long position with more margin and using the leveerage reccomend until 3x in Bybit. Earn or loss, I don't matter in it, but I earn much in what I earn from the 50 cents and open and closed, and repeat the same to get more margin. At the moment, I'm very well. So, as the morning I open up a long position at $1.80 USD. I believe that it's supposed for me to create a buy order limit at $1.60 USD as I know that XRP did a little down. But don't worry, I decide to keep my positon by long as I put a SL at $1.43 USD. But guys, who follow me my XRP signal for bybit and if you're earn profit in XRP, congraluations for who follow me my XRP signal from fifties cents from 2 weeks ago. I earn 1, 433 XRP at the moment in profit.
Another idea that I want to share you it's this timeframe, in H12 timeframe, we see that XRP have' all the chances to repeat the same candlestick model pattern that I copy in the past up from $1.37 to $1.90 USD, and so, as we're above of $1.75 USD, the next prediction could be so near of -0.618% of Fibonacci toward the $2.40 USD. The $2.40 USD will be my next target to reach in XRP to continue make trading in Bybit.
Guys, if you found out that this idea it's sound interesting for you and everyone, please comment below what are your perspective to trade XRP in bybit and your goals. It's will being for me like an inspiration. And you can to share this analysis with others traders amateurs, crypto-enthusiastic and much more as me.
Chainlink coult to leadint to $50 USD soon!!! trade opportunityI'm more enfocous more in Daily timeframe and we see that Chainlink it's prepare to continue up toward the $50 USD. The price in this moment it's around of $31 USD and form a double bottom. That it's a bullish signal.
And looking the 3 Daily chart, it's still bullish.
So gusy, this it's all, the only that I hope it's how the Daily candlestick going to close today? For that, we would need to hope how the Daily candlestick today it's going to closed off. For that, I hope the price action to look the bull signal. If in any case the Daily candlestick doesn't it's bullish, I will going to check out the timeframe like H12 timeframe or H8 timeframe to look if we have a bullish signal.
For that, this trade it's pending!!! As at the moment, I cancel my Litecoin positon, if you buy at least as $220 USD approximately, you're in profit in Litecoin, but at the moment, I'm in EOS, Tezos and XRP (bybit) in trade, but as I'm in profit in EOS and Tezos, So, I may to add Chainlink as another intersting trade if you're intersting to trade this week this cryptocurrency.
Tezos turn to $10 dollar soon!!! Eyes on this cryptocurrencyTezos it's show us interesting long position toward the $10 dollar as EOS do. Tezos and EOS it's around o $6 dollar right now, and these cryptocurencies are so interesting to invest by contract, or we can to keep these Tezos contract to longer time in this altseason to accumulate any crytpocurrency that you're intersting in your watchlist like Chainlink, Litecoin or Bitcoin using the money to fund in one of these cryptocurrencies. Guys, these it's so interstign to invest in Tezos, also, I like this cryptocurrency and as I consider my Tezos in contracts, but interesting cryptocurrency to invest too.
Now, talking in this technical analysis, I hope that Tezos going to approximately at $5.70 USD to then, look how the price action work in this zone and when I have a confirmation, I can to entry in long position toward the $10 dollar in this interesting trade like EOS.
Now, looking in Daily chart, Tezos it's extremely bullish and if we put a long position, we can to earn 75% in this trade from the $5.70 USD to $10 dollar.
In this screenshot, I put these targets to medium term that we can to look how Tezos may to move it in medium term. For that, Tezos it's another giand sleeping cryptocurrency that I have in my radar from the past year and this year. I do not have Tezos in hold, but I thinking to buy Tezos contract in my Simple FX trading and then, keep this contract to hold and multiply my others cryptocurrency using Chainlink assets in Simple FX.
Now, if you hold Tezos, this could be my targets in this bull rally of this cryptocurrency. For that, i I decide to sell all my Tezos contract, I prefer to sell at $200 USD and then, all my Chainink assets will be multiply. I thinking to buy at least like 300 Tezos coins in contracts, as I have right now 350 EOS coins in contract too.
Just that I have 350 EOS cotnracts in my Ethereum account, and then, I will going to take my 300 Tezos contract for my Chainlink account.
Well, noticed one thing. EOS and Tezos are interesting cryptocurrency in my radar as I have in Cardano, Chainlink or XRP. But I believe that i I hold this crypto, I can to get a excellent ROI.
Guys, if you like this idea and have another expectative in the market, you can to share your analysis here whatever if it's about of Tezos or others cryptocurrrencies.
Ethereum form a Shoulder Head Shoulder inverse; bullish signalIn this H4 timeframe, in the past 16 hours, Ethereum form a Shoulder Head Shoulder inverted. I mentioned in my past analysis that Ethereum could to form a double bottom as possible predicion, but not gave us. So, I discard and cancelled my past analysis. But beore of the past analysis, I mentioned that Ethereum form a Shoulder Head Shoulder and also, my prediction was successful and so professional. Now, the only that we can to do it's to hope that Ethereum make a pull back approximately at $1,750 USD and then, use our price action strategy to valid that Ethereum going to up, for that, I use H1 or H2 timeframe to valid the price action in short term as I know that Ethereum it's right now in the up momentum toward the $2,016 USD approximately, that will be my target profit.
This it's the clearly suppport that I mark to analyze it.
And remember, in Daily timeframe we look that Ethereum it's extremely bullish and our next price prediction will be the $3,000 USD in medium term.
The Bitcoin Dominance could to explode this rally!!!Looking this Bitcoin Dominance, Bitcoin it's still bullish, now as we see, Bitcoin it's turn bullish and we could to see another bull rally extremely volatile or the next weeks to months for Bitcoin.
Ok, i we see the Daily timeframe, Bitcoin it's appear that form a strong support in the 60% of Bitcoin Dominance, that mean a good news for Bitcoin, becuase as we see this strong support, Bitcoin could to up toward the 72% of market dominance.
Now, this it's the 3 Daily chart, and we see that Bitcoin it's extremely bullish in the dominance, that mean that i you operate with altcoins, notice that:
Altcoins/Bitcoin = could to down, becuase as Bitcoin dominance make strenthten when you see or example: The relatonship ratio with Chainlink/Bitcoin, Ethereum/Bitcoin or Cardano/Bitcoin it's go to down becuase Bitcoin it's get more strenght to up. For that, we could to experiment that Bitcoin go to up against the altcoins. now, you can to sell altcoins but very careuly, not just analyze the Bitcoin dominance, analyze your altcoin/Bitcoin to know the relationship who it's more strong? Altcoin (like Ethereum, Cardano or Chainlink) or Bitcoin). But, don't worry, i you don't understand how to analyze altcoin/Bitcoin. I can to make this analyze for you and invest in this great opporutnity in this next altseason for Cardano, Chainlink, Ethereum or XRP, my top crytpcourrency that it's not BItcoin to get more Bitcoin usign their relationship. And also, i you see the MACD or RSI, both indicator are showing us a good news for Bitcoin.
And finally, the weekly chart it's extremely bullish, becuase we make support as I mark this trend line, and in four occasion we form a lower high, that could to explode the Bitcoin bull rally. For that, it'svery important i you invest in Bitcoin and altcoins, you will need to check out to become a crytpocurrency trader and like an expert to analyze it.
Guys, if you found out that this idea it's sound intersting for you, please comment below about your perspective and idea for the Bitcoin Dominance and share this analyze for other people know this information!!!
Big opportunity in Ethereum for the next days!!!Ethereum it's into this simetric triangle. And we see that today Ethereum it's still above of $1,600 USD of this drop from $1,800 USD and we quotes in the past days to $1,540 USD approximately. Now, this it's a bullish pattern and accumulatio zone that Ethereum it's see so interesting to trade toward a specific target that I caclulate in the base and perimeter of this simetric triangle. I calculate that Ethereum could to reach over $3,000 USD, maybe at $3,400 USD it's a good target.
Look this timeframe. the 3 Daily chart it's form an ascendent triangle, but if you look at least in Daily, we see a simetric triangle, but both are coincidence that Ethereum rally it's just stop, but it's go back to up over the $3,000 USD.
Now, in this timeframe, in H8 we see a good opporutnity in Ethereum, I hope again a double bottom as Bitcoin do, well, Ethereum follow what Bitcoin do. That it's a good opporutnity for you if you have a plan to trade Ethereum.
Also, in the past week, my prediction that Ethereum form this shoulder head shoulder; bearish pattern was predicted as I knew. For that, my past prediciton was perfect and impecable.
Guys, if you like this idea, please share this idea with others traders who need to check out this analysis to have others collaboration with master as me. And I invite you to follow me in Twitter to grow up my Twitter followers, you can to clcik my Twitter icon in my trading view profile and follow me. I invite you to click below of my analysis related if you want to read.
Bitcoin form this bullish pattern; big opportunity!!!At the moment, looking in H12 hour. In medium term, Bitcoin it's so bullish and well it's forming this bullish lag, I still with my break even exactly at $50,000 USD protecting my long position in my price entry of $50,000 USD toward the $70,000 USD. Bitcoin did suppport above o $51,300 USD, that it's a good signal, if Bitcoin continue up, Bitcoin could to break out the next resistance of $56,300 USD and goes to $60,000 USD.
Now, depending how the Daily candlestick closed up today and the next days, I will going more later to analyze in Daily, but at the moment, this expectative could be bullish for Bitcoin. Now, you can to hope it if you want to buy Bitcoin!!!
Maybe, in this screenshoot, I hope a double bottom in the reaction in this support at $51,300 USD. If you want to open a long position in BItcoin, you can to make the follow, hope that Bitcoin make a down to $51,300 USD, next hope the confirmation using price action and be secure in the next hours to check out i Bitcoin have all chances to up, now, personally, I thinking in it that Bitcoin it's can to trying to form a double bottom.
Ethereum could to show another perspective if bull case win!!!Looking in the chart. Ethereum could to have a simetric triangle o accumulation. But, as we see in H12 timeframe, we see a bullish risising wedge in formation as Bitcoin do.
At the moment, I'm out in the Ethreum, at the moment, I'm in Bitcoin, Cardano and Litecoin for Ethereum change. As we see, Ethereum could to up, but I'm out becuase as we see another formation too, a shoulder head shoulder, a bearish pattern that could to drop Ethereum to $1,600 USD. But, i you don't look what the chart hide, there's a formation o this bullish rising wedge as Bitcoin do, dependg on it, if Ethreum conirm this break out of this rising wedge, we're ok, but my best bought will be the $2,000 USD to hope a break out of this yellow resistance at $2,000 USD to then, open up a long position in Ethereum toward the $3,000 USD. But based in my perspective, I hope that Ethereum follow Bitcoin meanwhile Bitcoin up, Ethereum follow to up as Bitcoin do.
This it's my Daily timeframe, as we look, in four ocassion, we touch and form a lower high that I show you in this green arrows. The possibility that the shoulder head shoulder appear, it's will be invalided and then, the next formation could be this bullish rising wedge. But, I hope that Ethereum goes to above of $2,000 USD and then, I hope that Ethereum make a pull back to entry in long position toward the $3,000 USD.