AMCryptoTrading

AMCryptoTrading

Bullish pennant forming for continuation inside a big rising broadening wedge If successful this pennant could take bitcoin to 102k as first stop before a second consolidation. Right now trading the pennant, not the broadening pattern, which is still forming but could reach a target around 111k

AMCryptoTrading

Does this means danger for Bitcoin? Clear pattern shows Bitcoin could be near the local top ,, everything will be decided on the following weeks before the first half of April .. Bitcoin have never reached ATH before it’s halving, but this time the chart shows it could be different, dragging retail market with old narratives.. do you think BlackRock is in it for...

AMCryptoTrading

With a bullish divergence on the weekly timeframe and bouncing off the early 2000’s lows, sets the ground to go for the108 resistance but now until 92.26 becomes the local support.. remember, the economy is not the market.

AMCryptoTrading

The Link trade ended up reaching first target.. I H&S retested neckline and broke up.. consolidating now entering ichimoku cloud, base line supporting the price and the lagging span over the price, bullish

AMCryptoTrading

Double top. Right now waiting for neckline to break bearish and looking for a long after reaching demand below.

AMCryptoTrading

Bear flag forming, we can see price can’t break 38% retracement from the past move down and can’t break above $30500 crucial level* Showing a very week price movement of breaks down it could pass through $30k support and retest the $28,600 level. *The crucial level I’m talking about is the body of a doji candle on a daily timeframe from the past impulse to ...

AMCryptoTrading

LINK is forming a head and shoulders bottom, on a daily timeframe, if this turs out to be legit, it could give a pump of at least 15% targets are weekly 12EMA and 21EMA

AMCryptoTrading

Im looking at MANA here to ride this channel until it face long downtrend resistance

AMCryptoTrading

So far it’s been a selling off for this token, downtrend is obvious until regains .0022 as support, on a daily timeframe you can find a bullish divergence on rsi and price with a nice double bottom

AMCryptoTrading

The least worst case scenario for Binance exchange token will be losing support from the descending triangle forming already many months back,, the SEC could be merely the catalyst to the capitulation for another leg down after bouncing off the $200 range of support *

AMCryptoTrading

A gem on Kucoin, this is a metaverse project and the chart will melt your face, the price is VERY volatile so the best strategy would be buy and hold.

AMCryptoTrading

Chart looking strong with momentum and respecting levels.. Now breaking consolidation and looking for next targets

AMCryptoTrading

This hook bottom looks like is going to retest supply on the 110 level This recovery will affect directly on Bitcoin and Gold

AMCryptoTrading

Bitcoin fractal crashing to 11k on Daily TF Here is a more detailed chart with daily candlesticks showing what could be the bottoming process of bitcoin. As many of you know, the average retrace on bitcoin from top to bottom is around 84% to 85% .. Do you think this time is different? share your comments below

AMCryptoTrading

Adam and Eve bottom on the making? For this pattern to work, Bitcoin needs to stay above 20K and gradually keep rising to the next downtrend and the latest top of 24.4K This price action on weekly timeframe is looking more and more live a type of W bottom. The dollar had been rising and Bitcoin had been stable on its range low of 18K-19+K recently it broke...

AMCryptoTrading

Price keeps bouncing from the downtrend and now it seems harder to regain 20k level. On last week Dollar Index drop (DXY), Bitcoin managed to bounce off the $18,600 but at the very last moment of weekly candle close price shoot up to be stopped right above 2017 all time highs $19,666. Starting the weekly trading period DXY is recovering for another attempt to...

AMCryptoTrading

The dollar had another spike above 113.5 and got strongly rejected, this shows weakness and is likely to attempt another leg don’t to 110 support leading a rally next week for #stocks, #commodities and #crypto if the correction happens. DXY needs ground to rally again, I can’t see breaking resistance until it set another higher low and it still has room to make...

AMCryptoTrading

DXY is fighting to clear downtrend resistance channel. If broken,113.5 is a critical level to claim as support to another attempt to go for the 120 points over the next month.. I’m still long on the dollar if this conditions are met.