TOTAL is totally streched to upside; it is not only derivating but is also on a dangerous wedge, signaling a very possible drop (purple arrow down), at least to touch: 1- an important Fibonacci Circle (marked on red) 2- the support of TOTAL all-times-high (horizontal blue dotted line) 3- old May 2021 support of TOTAL all-times-high (horizontal pink dotted...
SHIB if forming a ascending triangle since start of October; From breakout at least 11% gains according to Fibonacci levels, but according to triangle target, can reach 21% (purple arrow shows triangle target)!
In green, the wedge; purple arrows show possible targets As the vertix of wedge coincides with strong support, I believe CRYPTOCAP:BTC has more room to go up
Classic flag pattern here in confluence with Fibonacci Levels As another confirmation of trend, we have a beautiful Cup&Handle happening too
This is a really amazing example of fractal and autossimilarity in CRYPTOCAP:BTC On the panel above, a broadening downard formation in a 2 day timeframe, and on the panel below, the same broadening downward formation, but in the 3 hour timeframe This kind of pattern usually breaks out upward and the target is the height of pattern A increasing volume is...
As long the price continue its trend and the floor of the wedge keeps serving as support, price can break up to 0.56 usd delivering 260% from today price Why not a downward break? Because fundamental analysis signal us of a uptrend throughout crypto market
Increadibly, CME is still open now with a secondary formation because of bitcoin volatility The gap is marked with the orange box with range 59,445 and 62,470 Extremily possible that price will need to go there, so big players do not lose money Another evidence that price will go there, is that the price of bitcoin is finishing a flag pattern Target of bull...
This is a oriental, non-stop building project The price is inside a multiyear gigantic wedge with another multimonth wedge inside (see the colorful Gann Fan) The first target is the height of the first Gann Fan wedge, on 0.0065 delivering 165% from now If you want to diminish risks, you may wait for the transformation of the ceiling of the wedge into a support...
CRYPTOCAP:BTC needs to close the CME gap before continue its trend up; so expect some more downtrend and volatility Almost there; price can still reach the 59k
The Bitcoin Dominance CRYPTOCAP:BTC.D is almost at the vertix of the wedge It is been 2 months now it is flerting with the down side, but returns to the wedge formation Once the break down is confirmed, expect a surge on alts!
A lot to see here, but focus on the 3 large blue numbered arrows, as they will tell you a nice story: Arrow 1 - Detonator B Oscillator: note how he have now just market a green buy dot near the bottom of oscillation, together with a rising RSI (the light blue line going up) Arrow 2 - Detonator C Oscillator: note the MA red line is just about to cross up the MA...
CRYPTOCAP:ETH has scaped the downward channel, but is still inside the horizontal channel (both in yellow) Note the blue diamond from Detonator A Indicator forming now, indicating a possible local end of trend Price will need to retest the support of downward channel first, as it coincides with both EMA200 (green tick line) and MA200 (red line) After that...
From the last wordwide events, next attractor for CRYPTOCAP:BTC is the green box Why? CRYPTOCAP:BTC has broken out from the flag pattern and already made a retest from the ceiling, also breaking out from past Fibonacci Circle resistence Note how the Fibonacci Circles have been serving as pivot and resistence points! Next important Fib Circle resistence lies...
Take this as a representation of entire market structure On the first pannel, you can see 4 boxes The bigger ones A+B (green continuous period) are a perfect representation of the smaller ones A+B (green dotted period) They are fractaly similar So, we will take the small pattern period to reveal what will happen with the bigger period And that is what we see...
After a fake breakout from important Fibonacci Circle resistence and a fake breakout from the downward blue continuous line, CRYPTOCAP:TOTAL is trying to find now support over the daily 200 EMA (green line) that coincides exactaly over an important VWAP reset line If prices continue to fall, a very important support will be over the market "Support Box" Once...
Many see this ETH/BTC price ratio as the ignition for the Alt Season Price is flerting with a long multi-year resistence, since 2021! A strong break out here will signal the so waited Alt Season, but first there must be a retest of the lowest purple line, the Beam Band bottom line Also here, we are still waiting for a local bottom blue tag from Hodlfire...
July 2021 we had a similar move in CRYPTOCAP:AVAX Price is expected to find the support over the year long channel, and then find again the top of channel with possible 1500%
This is the 4th time the price rebounds on the 200 EMA (green) on 3 days time frame as indicated by the blue arrows If you are more conservative, wait for a support over the pink traced line, that is the all-time-high around the 25.00 usd The target will be the last reset of VWAP (Volume Weighted Average Price), quarter weighted, around 38.60 usd (orange traced line)