CivilisedWolf

CivilisedWolf

Bitcoin is currently consolidating within an ascending triangle pattern. Prior to forming this triangle, it made what I believe is a convincing low. I'm anticipating the price to rise towards $70,000. Historically, September hasn't been a strong month for Bitcoin, so it's important to stay cautious. I expect more volatility leading into October, followed by a more...

CivilisedWolf Updated 

I'm expecting this bearish trend to end soon. We have the bull market support band coming up, td sequential is at a 9 buy tommorow. Probably the best buy opportunity you will get this year on Bitcoin.

CivilisedWolf

In this trading chart analysis, we delve into the potential bubble scenario surrounding the IXIC (NASDAQ Composite Index). This examination is a continuation of our previous assessment, 'Bubble Scenario NASDAQ Composite,' focusing on the evolving economic landscape and its impact on the stock market. The prevailing conditions, characterized by prolonged high...

CivilisedWolf

This is a follow up of my other idea ''Bitcoin Reversal Signal on Weekly''. Here, I predicted that bitcoin would reverse on the major weekly rsi divergence and it did for sure! Now looking at the daily chart: I don't think this bounce is over yet, I think there is still some juice left. To me it looks like BTC is forming an inverse head and shoulders, this...

CivilisedWolf

Looking at the weekly chart we can see that bitcoin is printing a major weekly bullish divergence on the RSI. There is a good chance that BTC will respond to this and make room for a rally to atleast 28k. It's possible that we still make lower lows later, but for now I think BTC has a good chance to go up first to play out this weekly divergence

CivilisedWolf

XCAD is testing the ATH for the third time. I expect another price discovery or leg up upon breaking the 8.6 dollar zone

CivilisedWolf

Vechain will rise again and is near the buy zone. I expect parabolic rally to top around July 2022

CivilisedWolf

After 9 weeks of downtrend, the weekly-td sequential system is flashing a buy signal. Can it reverse the trend and keep bitcoin in this ascending channel?

CivilisedWolf

On ETH we have an ascending triangle. The resistance of 2900 usd has to get broken to trigger a target of 4400 usd.

CivilisedWolf

Upon a break of this neckline we can see a significant decline

CivilisedWolf

In my last analysis I called for the bottom, and now after some consolidation I think we are in this falling wedge. If we break out from this pattern we can reach targets as high as 60 and 65k. This is calculated by taking the height of the falling wedge.

CivilisedWolf

Thoughts I thought 44k would be our bottom, but we went significantly lower due to the panic selling. That's ok. I used the dip to add to my positions. INDICATORS The funding rate is now extremely negative. The bears seem overconfident now which are the right conditions to start moving up.

CivilisedWolf

We've re-tested the previous high, this is a strong support area. There is a good chance the bullrun will continue from here.

CivilisedWolf

If this triangle breaks out we can expect new highs

CivilisedWolf

Hi there, Here is my analysis on the current bitcoin situation: The 21week moving average has proven to be a good indicator for finding the bottom in previous bull runs. I think this time will be no exception and we are probably heading for it. The 21week moving average currently lies around 43-44k. Next to that there is a also rising wedge pattern playing...

CivilisedWolf

We're looking at the weekly chart of zil/btc. We've reached the weekly resistance that was created since May 2019. We've tested it already a couple of times. The more times we test it, the higher the chance of a breakout. I expect a large move against bitcoin for zilliqa if we can get above this resistance area. Keep an eye out for this level!

CivilisedWolf

Could the NASDAQ be in another tech bubble?

CivilisedWolf

Radix is one of my favourite altcoins picks of this cycle. Short term looking like a breakout soon