Chase007646

Chase007646

Potential Head and Shoulders Pattern Signals Major Correction to $0.15ish I've identified a potential Head and Shoulders (H&S) pattern forming on the ADA/USD daily chart. This classic bearish reversal pattern suggests a significant correction could be imminent. The pattern's neckline is clearly visible, and if it breaks, the implied move, calculated by measuring...

Chase007646

I don't know but I doubt it. Crypto is a 'risk on' asset, the riskiest and what ever benefits we get for having Trump as president will probably be crushed by the chaos he's causing. So I'm hedged in case the short term is down.

Chase007646

Ripple’s recent surge has been a sight to behold. However, as a contrarian at heart, I prefer to buy the dip rather than chase green candles. While the bullish trend is clear, I’m patiently waiting for a pullback to accumulate more XRP at a more favorable price. Looking at the one-hour chart, it’s evident that there’s significant selling pressure around the $2...

Chase007646

As the possibility of a second Trump presidency looms, some Democrats appear to be experiencing heightened anxiety, sometimes referred to colloquially as "Trump Derangement Syndrome." This anxiety, partly fueled by their own apprehensions and partly by controversial statements and actions from Trump and his supporters, could have ripple effects on financial...

Chase007646

DOGE has had an incredible run lately! While the momentum is exciting, I’m seeing signs of a near-term slowdown. With RSI pushing to high levels and volume fading, this might mark a temporary top for the next 24-72 hours. Bearish divergence hints that a cooling-off phase is on the way. Keep an eye on those signals, and let’s see if we get some fresh buying...

Chase007646

Cardano’s price is approaching a key resistance level at the neckline of the head-and-shoulders pattern that broke down back in April. I expect resistance here, especially given that the daily RSI has reached 80, a level that historically aligns with local tops. Additionally, we’re not seeing any higher lows—something essential for a healthier uptrend.

Chase007646 Updated 

This weekend, I'm sharing my BTC outlook on TradingView. The thesis: retail FOMO is still strong, with traders buying near the top ahead of a likely correction to the $70K-$74K range. Following Trump's recent election victory, BTC is seeing a bullish surge as traders anticipate economic promises he made during his campaign. However, while optimism is high, any...