Patterns in yellow are true examples of AAD bullish patterns/entry, where one big pattern breaks out and creates another small bullish pattern and that breaks out once again. Now what I see as the closest target is 53000 resistance level and 55000 further on.
I am bullish on FTM and identifying it as one of the biggest gainers in coming weeks. After finally breaking out of the down trend channel which had been in effect since late October, I am expecting FTM to at least equal its ATH of 3.5.
XRP recently bounced off a strong resistance line, which has been in effect since the start of this year. It's now nearing an intersection with the down trend line, which might trigger a break-out, but what we should look at in the first place is Ripple's court hearing on the 14th next month.
Elon Musk, aka Tesla announced that they are going to release a merchant to be sold at DOGE. Will the above graph be the case in case that happens?
I'm bullish on Bitcoin, which is now in a bullish pattern both in small and big time frame. The closest target after the break out of the pattern is at 52500, which is the upper edge of the old down trend channel. The break out is expected within the coming week.
Uncertainty in market. The time on FMT hit the nearly the rock bottom at Fibonacci's 23.6% will exactly match with the time of FDS making an announcement on further actions. It will either be a good time to buy FTM or a time for FTM to drift past its big resistance level and reach the lowest price since September.
After today's dip, BTC hit as low as 41.6K. The shock perfectly matched with the time for cash-out before year's biggest holiday. The market is now even more unexpectable after what happened today and would take at least few more days to have an overall picture of the trend and do a proper technical analysis. However, as I thought, BTC might still has a way to go...
MATIC is still in uptrend channel but is expected to take a short term correction.
Solana is still expected to continue in its bullish channel (in red) despite yesterday's dip. It has to break out the correction pattern at first though, which is expected to take a week at its longest. After the break-out, the closest target is around $250, the middle line of the bullish channel, that has past records of acting as a strong resistance.
I'm bullish on SHIB. Shiba Inu has been trading in an extremely bullish pattern for the last few days and actually months if we talk about the bigger channel in pink. It did break out of the pink pattern once on last Tuesday but has been correcting since. Now SHIB is literally on the verge of 3 important patterns, 2 bullish patterns (big and small) and an extreme...
Even with Elon Musk's reply "dooogee" to coindesk on twitter just yesterday, no significant impact on DOGE has been identified just yet. Still though, from the perspective of a technical side, DOGE is in a falling wedge pattern, which creates a massive bullish movement as long as the price breaks out of the pattern. Time for that is looking not very close though....
I'm bullish on Fantom. Looking at the big picture, it's in a bearish trend for now, but is getting closer and closer to the breakout point, which should take no more than 7-9 days. The breakout should be the start of an overall bullish trend on FTM. The nearest target after the breakout is 2.7 and further onto ATH.
BTC correction is expected to last for up to 2 more weeks to come, but bullish year-end is still on its way.
SOLUSD is still in its uptrend channel. After yesterday's 10% up movement, it's expected to bounce off the middle line of the major channel and do some correction though. The correction is expected not to last any longer than a week at its worst. After breaking the bearish trend line yesterday, the correction is now expected to take that trend line as a support...
I am bearish on MATIC. Clear double top bearish pattern on MATICUSD on both 4H and 1D timeframe. In case of a breach of the 1.45 resistance level, it might head further down onto 1.0, the lower low of the pattern, which also intersects with Fibonacci 0.236 level.