Over the weekend we seen ETH move to the upside clearing previous structure. Creating tiny bull flags on the way up. It is rare to see ETH create its own path. it usually moves in an identical pattern to BTC IMO we may have a slight pullback to the 50 on fibs before heading up to break through the supply zone. or we will see another one of those tiny bullflags...
Link has been trending up the trend nicely. A tweezer bottom off support in the demand zone seen price pivot and from a down trend to bullish momentum. A solid close out of the supply zone should see price back to the ATH. MACD looks healthy with the histogram still green however keep and eye on the MA for a bearish cross Also something to consider is the steep...
BTC has been pulling back for a week and IMO the retrace isn't over yet. Internal trend has been broken but we are still respecting the overall. a 30% retrace will see price land on the 61 on fibs. If we fail to hold that level i think price will consolidate at the Demand level. If price has a solid bounce off the 61 and we create a HH I have a target at the -27...
DOT USD Dot has remained almost unaffected by BTC's Recent moves. Its rare that we see alt coins maintain price when BTC has such a violent move. This chart displays Dot maintaining a steady uptrend. however we have a few indications the price may have a slight retrace, MACD has now crossed and we have 1 red bar on the histogram. A break in trend and support...
after a tweezer top over the weekend we had last nights sell off which was closely followed buy a strong buy back. Overall trend is still being respected and volume is starting to come back in now price wicked down to the demand zone where buyers then took control and drove price back up over the trend line. I am watching MACD at the moment waiting for the...
BTC has created new Resistance at the 52K mark with multiple rejections over the past 24 hours. as we all know BTC does BTC things so I have charted up 2 scenarios. My initial target was bullish using the -27 on fibs However with the current rejections off resistance, volume dropping and MACD cross. I have added a bearish target which will break the internal...
ETH is in a consolidation zone with a very strong level of resistance. The 4hrly candles over the past 24 hours have been rejected at resistance multiple times ETH is following the same price action as BTC however the rejection off resistance is slightly more volatile a close below the consolidation zone could see price break trend and head for the demand zone...
Neo has finally moved from a long term down trend into a consolidation zone and now reached the long awaited Uptrend. Price has cleared structure from 2018 and the next target is at the 55USD mark, based on historical data from 2018. If price can break over the resistance level we are looking at another 20% push to the upside. NEOUSD
Symmetrical Triangle at the top of an uptrend has formed on the daily, which indicates a continuation pattern Also a good bullish push off the 38 on fibs. I am waiting for a break out of the triangle with a 3-5% move up. MACD still looks a little bearish so waiting for more conformation. DOTUSD
After a decent pull back yesterday which we have all been waiting for. the buy back looks very strong for BTC today a healthy correction was needed and we finally got it, price was attracted to the demand zone. This 4hr candle is very bullish which could see another decent run up in the next 24hrs. BTC 4hrly
ETH has cleared previous resistance at the 790 level, pierced through the supply zone with ease of movement and hit a new level of resistance from 2018. I am expecting ETH to continue to push up to higher levels. this is a weekly chart so we can see previous levels and set targets. ETHUSD 1 week
BTC has shifted down to the previous consolidation zone. showing many signs of a reversal but also many signs that price might hang around at this level for sometime. Everyone seems to be waiting for a decent pullback. finally BTC looks like it may correct creating LH's on the 4hrly. a correction down to the mid 16k will be a healthy correction it has previously...
could this be a big double top? if so I have a supply zone where I would expect a retrace to consolidate at. Also lining up with the 23 on fibs BTCUSD weekly
ETH had a double bottom which played out perfectly driving price to a key level of resistance. Price was rejected but still maintaining the solid uptrend. A bounce off the 38. on fibs should give another nice impulse back up to that key level. a close above will take us to previous structure at around $538 Wicks to the down side tell me that buyers are in...
BTC has formed a Double top failing to close above resistance. RSI is showing bearish divergence. I am expecting a break in trend with a consolidation period at Zone 1 a close below support could take us to Zone 2. BTC is in need of a correction after last weeks rally. BTC 4hr
BTC has tried multiple times to close above this level of resistance. Its wicked to the 14k mark but sellers are in control stopping the price from creating further upwards market structure. I think a decent correction is due. potentially pulling back to the Demand Zone. which also happens to a consolidation zone I will be keeping my eyes on this long term...
BTC is in a new area of consolidation testing $13,300 twice over the last 5 days. At this stage I am still bullish for a few reasons: Dominance is still going strong at 61.1 % (Thank you paypal) We are in a zone where we haven't seen solid closes over the $12,900 mark since 2017, BTC is now creating new market structure. The wicks to the downside indicate that...
I noticed the Adam and Eve Double bottom on LINK today. so I am Keeping an eye on the small up trend here. a close above previous structure could see a nice 21% move which would make the Adam and eve Double bottom valid always consider what direction BTC is going when trading alts LINKBTC 4hr "DISCLAIMER: NO ADVICE. The information presented here is...