Expecting ADA/BTC to move towards the range high at 620 satoshis. All explanations are in the chart. Please leave a like and comment if you enjoyed the analysis.
Please leave a like and comment if you like the analysis
Keeping it simple, ETH looks like it will breakout soon towards $198
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All explanations are in the chart. Please leave a LIKE and COMMENT if you enjoyed the analysis.
Bitcoin is trading in a range between $7450-$7600, being very close to the resistance line. The price is expected to break out towards $8000. All explanations are given in the chart. Please leave a like and comment if you like my analysis.
Please leave a LIKE and COMMENT if you like the analysis. Yesterday's decrease caused the price to fall back within the $7150 - $6650 trading range. While it initially found some support above the midpoint of the range, it fell below afterwards. The bearishness is strengthened by the possible bearish cross between the 50- and 200-period moving averages (MA),...
Please leave a LIKE in order to support my work. The price is in the process of breaking out above its trading range. However, volume is minimal, making it more likely that the price falls back within the range. A decrease below $7150 would be the entry trigger, with a target of $6700.
Please Leave a LIKE and COMMENT in order to support my work. All notes are on the chart. In my opinion, a breakout seems more likely due to the creation of a short-term symmetrical triangle after an upward move. Target 1: ₿0.0245 Target 2: ₿0.028
Please leave a like and comment if you enjoyed the analysis. The price could be completing an a-b-c-d-e correction inside a descending broadening wedge. The price is possibly beginning the 2nd subwave. Final target : $6310
Please leave a LIKE & Comment if you enjoy the analysis. The Wyckoff distribution pattern has a range between $4800 and $6800. According to the distribution, the price is currently in at the "Upthrust" point, since it has moved above the horizontal resistance level at $6800. This is the initial movement of phase "B". The expected future movement is a downward...
Please leave a like and comment if you enjoyed the analysis. All notes are on the chart, trying to keep it simple.
Please leave a LIKE & Comment in order to support my work. The DASH price has just broken out above a significant resistance area at $75 and the 200-period 6h moving average. Once the price moved above this same MA on January 2020, it initiated a very rapid upward move. Looking to enter on a re-test of the $75 area, with the target being at the closest...
Please leave a LIKE in order to support my work. The weekly chart reveals that the price has broken down from a long-term ascending support line and validated it as resistance afterwards. This view is also strengthened by the fact that the rate was rejected by the 200-week MA thrice prior to the price breaking down. The final time, it created a shooting star...
The BTC price has increased significantly since reaching a low on March 13. The increase has taken the form of an ascending wedge, which is considered a bearish reversal pattern. It is possible that the price continues to trade inside this wedge until it reaches the next resistance level at $7750. If so, we can outline a five wave Elliott formation that would...
The XTZ price is currently trading inside a strong support area found at 25,000 satoshis. This is the previous breakout level, the movement above which in the beginning of February eventually led to the all-time high price of 40,530 satoshis on Feb. 21. The price has created a descending wedge, out of which it is in the process of breaking out. I think the price...