Surprisingly, DASH has pushed before BTC to break diagonal resistance and make it support! This means one thing, we're clear to go higher! Now that BTC passed ATH, the market is going to heat up so expect the unexpected in most alts. Watch the support line, we may chop a bit around before we reach the next target at $138.
After BTC did a new historical high, LTC looks well positioned to test $100 level. All market is very bullish.
ATH boys! BTC will close the highest monthly candle in history on 30th Nov 2020. Next target? Moon and beyond.
We approached ATH and BTC corrected, however this was very short lived, lasted less than 2 days and now we returned back to a very bullish and aggressive buying. As you can see the previous rally had an angle of 29 degrees while the current one is at 51! Unless this is a trap for longs (volume is low), BTC may actually do a re-test of the ATH in less than a...
DASH has done a very nice rally to $123 after breaking a multi year resistance at around $88. We are currently cooling down and DASH is expected to re-test support in lows $90. A break of the diagonal resistance will push us higher with a target of $138. Should support not hold then expect price to fall quickly to <$80. Short term bias is bearish, but on...
XLM is caught in a descending triangle in forming. It is unlikely we will push higher in the near term, therefore expect a range play within this triangle formed between the 50% fib level which was tested twice and the descending resistance. Short term bias is bearish currently and one can short the resistance and long support for a nice range play. If we break...
After a short correction, XRP signals a continuation of its bullish run aiming for $1. We just had a bullish MACD cross on 4h, RSI looking good and StochRSI is also signaling bullish momentum. Unless BTC spoils the fun, XRP is due to continue on it's run. The only concern is that volume needs to pick up soon. The ascending triangle also signals a bullish...
We are approaching a decisive moment for the crypto market. We are currently in an apex for BTC Dominance (BTCD) which is soon to break up or down... By early 2021 we will know if we enter a strong alt season with gains in double or even triple digits for alts or will BTC rally like in 2017 leaving alts to pick up the pieces and hope to recover later. Short...
LTC dropped over 30% after a very nice bull run. With BTC reaching near ATH levels, the whole market corrected, including LTC which broke the parabola in pink and the Fib 23.6% level. This all meant that we were headed much lower. Now we are getting closer to support areas found between $61 and $56. We are still in a very sharp downtrend which will likely break...
Sushi tested the diagonal support during the BTC drop and now it is in a bullish move and may re-test the local top at $1.7. We also formed an inverted head and shoulder structure, which if broken above the neckline (in orange), Sushi will push higher. That is a good entry for a short time long. However, watch BTC. Any move higher in alts can be reversed if BTC...
The bull momentum in BTC has shifted after nearly touching ATH level (1% below it). This is not surprising as it was unlikely we will pass ATH at the first try. See past experiences. Before we can get another try at ATH, we need to correct and find support. We are currently testing the 78.6% Fib level as support at 16k which is likely to break and we go lower....
VTC tested the major support at 0.14 which held and now we turned the local resistance at 0.16 into support and moved higher. Our next resistance/target is 0.25 which is also a Fibonacci 38.2% level. If VTC manages to re-claim 0.25 level and push higher, we may see a nice recovery in price after we corrected sharply in late September from 0.4 level. If we pass...
XRP has broken the weekly resistance at $0.3 and now we are literally running towards $0.4. $0.4 will provide some temporary resistance so watch this level, we can expect some temporary pause here. XRP is very bullish and as we know it can go parabolic in a blink of an eye. Our final target is anywhere between $0.45 and $0.5 which will be a significant...
XLM broke previous resistance, did a beautiful retest (in green circle) and then went for it for a nice 13% gains. We are now at the 0.095 resistance and XLM may range a bit here either to re-test it as support and move higher or test the parabola support (in pink) before more gains. XLM is very bullish and next targets are on the chart, the most important one...
ETC broke the resistance of over one year, now we are re-fueling for the inevitable bull run. The crypto market is heating up and many alt coins will start running soon and make significant gains. ETC is no different. Top target is $11, however until that level is reached expect to hit $7, that will confirm the run. Each level on the chart will also be a...
LTC has had a fantastic run from $60, bounced on the parabola and now we are at $80. In some ways the LTC rally anticipated the BTC run to ATH. Now we are at resistance, however the momentum of LTC/BTC is very bullish and we can expect at any moment for BTC to test/pass ATH and LTC to test $100 which is an important psychological level. Bias is very bullish,...
BTC has had an amazing parabolic run since October. We are now about to test the all time high (ATH) level of $19,666 very soon. At this rate, unless we get a correction to re-test parabola support, we are sure to hit or pass the previous ATH. A great X-mas present for all crypto enthusiasts. After that its anyone's guess for the next top: Conservative...
BNB retested the major support line when BTC dropped to 17.4k. Provided BTC does not correct, BNB is expected to continue on its way up to test $28.5 resistance then aim for $30+ You can aim to buy the retest of resistance, but be careful as BTC may push us lower in case of a significant correction (-20% / -30%) at which point a drop to $25 or below is likely.