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BCH Price Still Has A Potential To Reach $6k AreaLike majority of mid cap projects BCH is forming very similar crashing pattern as BTC did in 2018. Of course 2018 btc crash happened with different velocity and curve, but price did have some kind of bounce and sideways movement as BCH had this time. If we extend fib. levels over 2018 bitcoin crash where level 1 sits at 2017 ATH and level 0 at the low, we can see that the price did first reach lo 0.618 retracement, then eventually crashed, closing the gabs above the low, only to have another breakout and pint point nailing level 4. fib. extension (69k). Time will tell very soon if BCH price will react to the same fib. retracement/extension levels, but if does, it would mean that the price would first climb just above 1k, then have an accumulation back below $200, then of to the races to 6k area where level 4 fib. extension level sits at. Imagine that, it would truly be an amazing alt season. Remember that time is irrelevant here and no one knows when things will happen or for how is anything gonna take to play out. We can only speculate price areas based on historical price movement. It is only a speculation, we need more time to really confirm all of this but when price is set for new ATHs after a major crash like this, it tends to react to above mentioned fib. levels. I am not a financial advisor so non of this should be taken as a financial advise. Be well.
Long
by AVA37
2
ETH - Might Still Be In a Bull Run - Alt Season ExpectedWith the recent capitulation eth has not set a new major local low like BTC did. Chart is behaving oddly similar to what btc correction looked like in July 2017. Back then we made a new ATH, then had an initial 50% correction (like we did in May - July 2021) then going back up, barely setting a new highs (green marks) before going into a second capitulation, that took btc even slightly lower then an initial fall was. It looks like ETH with the rest of the altcoin market cap is doing the same. If Eth starts to correct rapidly to the upside, without slow grind, but just exploding upside, like a presented with a yellow arrow like you can expect new ATHs to be in the cards and the big altseason to start especially for the rest of the "OG" alts that haven't had their true bull run yet. I am not a financial advisor so non of this should be taken as a financial advise. Be well. BINANCE:ETHUSDT BITSTAMP:BTCUSD
Long
by AVA37
DASH - It Is Going To Rally Just Like Zilliqa It is nothing better to see than a bigger market cap coin going parabolic and therefore becoming a leader amongst altcoins. Zilliqa chart is looking extremely similar than a lots of alts, one of them is DASH. I've copied / pasted and properly adjusted ZIL chart to the DASH so that all the dips are in the same timeframe. You can now see how similar charts are. Dash is clearly a grinding bit slower given that it is an older coin (2014), but when it pops it goes similar to what ZIL did and will likely continue to do so as an alt season progresses. If DASH would do the same as ZIL it would be sitting at just above $430 right now, preparing to go above $1k. That is still to come and so we have to be patient. Patience is crucial for a success here. I am not a financial advisor so non of this should be taken as a financial advise. Wish you all successful investment. BINANCE:DASHUSDT
Long
by AVA37
2
GOLD - Time To Sell !!!The geopolitical event has helped gold to set a new all time high (what would probably happen anyways at some point). Right now people are very scared, and are fomo buying commodities like metals, oil, gas futures, and so on... right at their all time highs. Think about it... they make retail investors sell equities at their local bottoms to FOMO buy commodities at their tops. Given that everything has become more expensive, especially OIL, this could drive more inflation (money printing) in a short term, eventually resulting in equities going up and commodities going down (in this example gold). But only for a short period of time (few weeks to maybe months). Structurally Gold could be doing the same reversal pattern we saw with Bitcoin topping at 69k. I've put btc price topping next to the gold chart so you can see how simmilar they are. I am trying to be a head of the croud here. Very simmilar structure could play out like this. My call is a BIG sell for gold right now. I might be wrong but there are just to much confluences in the market right now between equities and commodities. I am not a financial advisor so non of this should be taken as a financial advise. Be well. OANDA:XAUEUR
OANDA:XAUEURShort
by AVA37
5
BTC - We've Seen This Structure Before I've noticed that with the recent BTC price pop, it has formed simmilar pattern as it did when btc was topping on a larger timeframe. Patterns look identical more or less, and is a blueprint for me to say that we could have another small pullback that could even take us a bit lower but not by much. 29k technically will hold as most of the shorts that were opened at the top have already close so we are just experiencing last flush. It will be over soon. Imagine the euphoria in altcoins that is to come to the market when prices finally break up after being suppressed for that long. It is gonna be amazing. DISCLAMER: I am not a financial advisor so non of this should be taken as a financial advise. Be well. BINANCE:BTCUSDT
by AVA37
Hindcopper👉Hindcopper is making same patterns again and again. 👉Flag is broken now wait for the retest to get positions. 👉 Market view- Bullish. 👀Keep an eye👀 Overview ✔️ Technicals ✔️ Financials ✔️ Volume ✔️ Fundamentals ✔️ 👆Follow for more alerts👆 😊Happy Trading 😊 Note:Patience is a key to success. Disclaimer: This is my personal analysis for educational purpose. I am not sebi registered. Do your analysis before taking a position. I am not responsible of any profit or loss.
NSE:HINDCOPPER
by suraj_819