I see XRP currently in a bearish pennant on the 12h. If this breaks we could see price reach $0.80.
Currently I'm quite bearish on the overall crypto market for the next couple months. This is a bearish analysis on where the altcoin total market cap could go. The altcoin market cap was in a Head & Shoulders pattern not too long ago, and we recently broke out of the neckline pushing price to the downside. Price then wicked down to $588B, bounced off that level...
Currently Bitcoin is forming a bearish pennant on the 4H chart, for it to break this weekend or week is a possibility. Within' the bearish pennant is also a Head & Shoulders pattern on the lower timeframes, as shown in the chart. When the H&S pattern completely breaks, it could potentially break the bearish pennant on the 4h chart. If price plays out this way,...
Doge is currently forming a potential H&S pattern. Price needs to reach the $0.30 level to complete the pattern Once it does so, we just need to wait for a break of the neckline
As shown in the chart, Doge is currently holding above a strong uptrend line and bounced off a support level around $0.37. I also ran my Fibonacci tool from the most recent swing low at $0.158 to the swing high at $0.74. Price was in between the 0.5, 0.618 golden zone. If you zoom into the 1h chart, you can see a double bottom pattern as well with both points...
Bitcoin is currently above a strong support level at 52K that we dipped to and bounced off of. If Bitcoin breaks 52K then we might even dip further to around 44.5K. Personally though I don't see that happening. For now I'm neutral on the price of BTC.
BTT currently breaking out of this pattern. Held above strong support at 0.075. Bounced off the 100 MA on the 4H, now looking for it to break & hold above the 50 MA on the 4H
DOT broke through resistance to the upside and is now holding nicely above that previous resistance which is now support, on the Daily chart
Currently ADA is still holding above the green uptrend line, we've been seeing nothing but higher lows for the past couple weeks. Price is also holding above the 50 Day Moving Average, and inches away from it as well. Price retesting and bouncing off the 50 Day MA is usually a buy signal for a potential pump to the upside. On Mar 25 we've already seen ADA bounce...
Currently AVAX is in a bullish pattern on the Daily & Weekly looking like its about it break out. AVAX is also above the 50 period moving average on the Daily which is also a buy signal.
ADA currently in a 4H downtrend. We may push to the downside again to re-test around the $1.05 level if the downtrend isn't broken from here. If $1.05 support is broken, $0.95 or even $0.80 is a possibility.
Bitcoin currently ranging in between $58K high & $40K previous resistance. We just broke a short term 1H/4H uptrend line, now we're at short-term support. Since we broke the short-term uptrend line its still possible we see $43k again or even down to $40k support.
At the moment, I'm quite neutral on the price of Bitcoin. Of course there are three scenarios that could happen: 1. There is a significant resistance level at $10500 (marked in pink), if price breaks and closes above this level creating new higher highs, I'm bullish on BTC. 2. Price could potentially be stuck in a range between $10500 and $8500. 3. There is a...
I see Bitcoin in a strong descending channel , marked in yellow on the chart. Price was consolidating at the $10000 resistance level for a while, unable to break above. The $10K resistance level was also in alignment with the top of the long-term descending channel line. Current price action has also been in a short-term ascending channel (marked in green) within'...