BTC 4hr is again forming into a symmetrical triangle pattern which cannot be biased there almost always will be a decent move either way as the squeeze tightens Some factors favor a bounce like a rising rsi into increased volume since the 32.9k pivot On the other hand the daily chart has not confirmed a bottom yet The bulls have been winning the battles on the...
BTC 4hr is toeing the line to 29k still at this point In a decider the bears and bulls are at the midway point between the breached 40k support and the 29k support Expect more volatility soon as the decider unfolds to expose the path for the next move We are 50/50 this little relief was on lower volume which indicates weakness but we have not seen the bulls flex...
BTC 1day I don't find the head & shoulders pattern tradeable but its accuracy is high and it's interesting to see the play unfolding here with price breaking down below the neckline There is a lot of support structure between here and $37.5k but if this plays out it will be a $29000 BTC reset
BTC 4hr moved out of the flat-bottom triangle bullish pattern and moved up again after a successful retest Still within a bigger symmetrical triangle which will test future short-term direction soon enough Either we go down to $40.5k for a 3rd retest and hope that holds or we head on up to $46.5 after some longer-term downward trendline resistance around $45k...
FTM 4hr is completing the Cup & Handle bullish pattern maybe a bit more pullback here before confirming a reversal Next target 3.80 with maybe not too much rejection at the 3.50 ATH resistance then 4.80 target area
FTM 4hr is looking like it's about time to apply some pressure at least back to the 2.50 area turn support and see how the follow-through volume is there target 2.55 - 2.60 find support then 3.20
Bitcoin 4hr price has been forming a flat-bottom triangle technically a bullish pattern being bought up aggressively at the $40k to form the triangle bottom But are we at Max Pain here? Maybe not!!
BTC 4hr showing the trip to $40k might not have arrived at its destination quite yet with the price action in a Bearish Pennant bearish signal trapped in shorts If the bulls don't step up and we lose the bottom here it could start the trip to $30k over the next 2-3 weeks
CRV 1day looks good for bullish continuation of higher prices if BTC doesn't break down over the next few days A classic Cup & Handle bullish pattern is almost completed Look for the breakout of the handle for entry with next resistance at $6.40 recent high (top of the cup) First target will be the C & H extension around $7.75 upward to $8.60 area
FTM 1day we increased our Fantom Ecosystem total investment early today by another 12% we have early indications of a 2x rally incoming pretty soon LFG!!
FTM 1day parameters reset and looking ready for a serious moon rocket rsi and macd positive price is at local and downward trendline resistance and will need extra volume to penetrate this 2.00 area but BBs are turning with the 10ema under the candles for bullish support There is some resistance past this key level but 3.50 ATH looks inevitable before onwards to...
BTC 4hr shows bullish divergence between the rsi and the candle tops downward trendline and did breakout to the upside out of our flat bottom triangle right where we had the upside arrow. Price has retested this breakout area but needs increased volume for continuation
BTC 4hr slowly moving into the squeeze this will test the Bulls strength again to see if price will breakout or breakdown within the next 3-4 days head-on into Xmas break After which my weight will be on a breakout to the upside from $48k area to be tested at the $50k downward trendline resistance from the 9th Nov top into this mini bear cycle We will need...
BTC 4hr suppression pattern emerging lots of selling at low key resistance levels to contain price under $50k while the accumulation continues with BTC in charge of the broader market again more sideways for BTC Some ALTs show signs of reversal but could be short-lived if BTC gets sold off again to dip below $46.5 local bottom area Caution and patients are the key...
ETH/BTC 1day ETH looks a powerhouse spearing recent ATH resistance level 0.0824 OC we are in unchartered waters from here but looks to be plenty of gas in the tank so 0.0924 is looking good for the next stop after closing outside and maybe retesting the 0.0824 resistance
MOVR 4hr double bottom is in after a 40% glide down from the recent ATH $505 still at a 36% premium this coin could bounce hard and with blue sky to $505 again that's a 55%> ride back for here
ETH 4hr looks bullish after breaking out of the recent downward trend and has retested this level turn support Next resistance is $4850 recent high point then a clean run for the $5950 target area
EGLD 4hr Elrond looks set for another run to ATH $243 area then push through for a moon rocker to $358 This level will place Elrond in the top 20 the release of Maiar Exchange will back this idea There could be a pullback here at a previous local high point for a shakeout This would form the handle on this Cup & Handle bullish pattern If price continues upward...