Honestly not sure what happens with BTC here. An Ascending Triangle COULD pan out... However at this point in time I have little conviction in this play but am just extending a trendline that touches to where we MAY have just bottomed on the BTC dump and a previous high to see if that holds true for the coming month. I am still bullish but am willing to be...
TomoChain looks ripe for movement upwards as it is printing a beauteous Inverse Head and Shoulders (iH&S) on the BTC pair: -The Fibonacci Retracement tool has the 0.236 area acting as a great neckline for the iH&S -The head to neckline price disparity of the iH&S of .00002770 sats has our price target after confirmed neck-line breakout at .0007504...
REN here looks primed for a move upward especially if some volume comes in to add confluence -A running flat (3 3 5) has been formed here -The MA100 is well below the EMA30 which is temporarily acting as support creating more bullish confluence. -If the gold line keeps holds as support and the bull pennant (gray) breaks out the top diagonal we should see a move...
Haven Protocol ($XHV) fundamentally is a powerhouse: -Decentralized Exchange making it Decentralized Finance (DeFi) which is the future of finance -It has Monero ($XMR) grade privacy -The current team had no premine or collection of user funds -Inherent token burns -Small total supply of 18,400,000 -A private, decentralized stablecoin -Offers offshore holding of...
AMD looks like it wants to make a big move upwards. All of the Ichimoku indicates bullish continuation: -Price is above the Kumo Cloud -Kumo Cloud is green -Tenkan is above the Kijun -Bullish TK is above the green Kumo Cloud -Lagging span is above the price An Ascending Triangle has been formed: Price has been consolidating under the Triangle's horizontal...
The AMB/USD chart cancels out a lot of noise from the AMB/BTC chart. Downtrend broken and turned into an uptrend that needs to hold these next couple of weeks to stay valid. An inverse head and shoulders looks as though it is forming: It has a clear neckline (blue horizontal) and assuming the uptrend/diagonal support holds here that would be the...
AMB/BTC has been in a bear trend for years now and flipping the top black diagonal whilst creating another higher low would be bullish. With the rumors of this supply chain meets blockchain tech company working alongside IBM, Maersk and others potentially coming to fruition, it could see exponential growth...moon targets all the way to nearly 10,000 sats. The...
$JAZZ looks to be in bullish continuation here: On the 1D chart it looks like it wants to visit $143/144 (potentially after a retest of the diagonal it broke out from around $125) Reasons: -It had a strong breakout from a bullish pennant, the target for this breakout would be the height of the bull pennant's flagpole added to the point where price broke out...
USD/CAD has printed a picture perfect double top. Coupled with that, the multi-year uptrend has successfully been broken; presumably within these next couple of years the USD will continue losing steam and revisit these lower levels as targets: $1.26702 $1.18566 potentially going lower.
Litecoin looks strongly bullish on the 4H in comparison to Ethereum $ETH has been the Crypto Market leader lately and with $LTC looking to outpace this leader it makes a good argument to enter a long position here. Reasons being: -Kumo cloud twisted to bullish -Bullish TK Cross above the cloud adds conviction -Lagging Span is above the cloud making a stronger...
These upcoming few months are vital to the bulls for BTC. We would like to see the completion of the Inverse Head and Shoulders back to the neckline after a dip ranging between ~$8,200 down to ~$7,800. A 4hr close above the neckline would continue to be bullish. Then we would expect some resistance at ~$10,946 pushing us back to retest the IHS neckline as...
Potential Bull Flag waiting to play out on the BTC CME Futures Expecting overall decline in volume to continue until bottom of flag is tapped again and the CME Gap (green circle) is filled 1M candle printing out an attractive inverted hammer for August to add conviction to my bullish bias This implies we continue upward after filling the gap and buyers...
Downtrend reversal on MFT confirmed Massive 1D volume influx helped to break out of a falling wedge Short term targets at previous S/R flips at 20 and 40 sats Long term target at heavy weekly resistance at 72 sats
ZIL broke a ~4.5 month long grueling downtrend and is picking up some steam here Bullish div with more added volume would assume there is room to continue increasing RSI overbought on lower TFs, a good entry could be green line at 83 sats testing the S/R flip there Short term targets at pink lines Let's see if third time's a charm :D
If BTC ranges we may be able to have a short term play here on EVX -Bullish Div on the 1D coupled by higher lows could mean targets at the pink lines -Need an uptick in volume as well to add conviction Invalidated below the black line
If we can 1H close above the blue line, this could be a good play for ETH/BTC. Bull Pennant printed out and price is looking to retest the top as support to signal an entry. Potential targets are the orange lines acting as short term resistance. If invalidated, we'd be looking to test the S/R flip located at the black line.
Potential Bullish Gartley printing out for BTC/USD Fibonacci retracement levels put B just past .618, yet not touching .786 which would invalidate it C is in the appropriate range for validating the top of the right wing by not going above the A impulse The Fibonacci extension from A to B places the 1.272 range too far from the .786 retracement for me to...
Bitcoin could be printing out a fractal here. Along with the notes on the chart, the Support and Resistance lines look quite comparable: -Sharp drop initially creating the bottom of the wedges, quickly bought up showing a temporary support zone in both cases -A fast increase in price afterward then gets knocked down creating a short term resistance which...