Calling for Bitcoin's new ATH by New years Eve. Using Bybit chart, only one year of data. Explicitly used one Fib. Retractement. As well one channel that we will exit, and the market will restructure during January, because historical data shows it happens every January. A few trendlines. Major ones only. Support and ressitance placed according to Fib. The Covid...
This is my take on the midterm Ethereum. After charting the weekly on Bybit, which has only data from the bearish 2019. Covid market crash has restructured the whole market, and we are still holding onto old data, which has been someway invalidated in my opinion. The chart can look like a seed has been planted and something started growing from it. The future,...
Hi guys. I was watching the charts and noticed that we have found a channel in which we are trading in the last 29 days, as the channel shows. By placing the FIb. rectractments from the bottom when the price has entered the channel, I have noticed that we have touched 13750, and retracted right below that level building support and consolidating between...
Does making a lower high and a higher low on the next two swings make us shoot up of the triangle? As well that will be a double bottom pattern as well and a confirmed breakout from a triangle that we are consolidating in for the last 24 hours. Tell me what you think. Disclaimer: Not finanial advice.
Hi guys. I have recalibrated the pattern, and it seems that we have instead of confirming got back into the triangle and now trying to brake the ressistance above 410 levels. Although it seems like we will be going back down to test the lower boundary of the accending channel and triangle pattern, a higher breakout of BTC above 14000 would initiate a massive move...
Hi guys, updating my previous analysis on a short term continuation of an uptrend on RIpple. Previous smaller patterns invalidated. Nice double bottom forming on 30m around 0.250-0.255. Bigger triangle pattern noticed, brakeout targets updated. Breaking out of the smallest triangle brings us to around 0.26. Breaking the medium triangle brings us to around...
Prevous smaller pattern invalidated new channel forming, Fibonacchi levels likely to be respected. Confirmation from small triangle patern confirmed. TP ~480 SL ~400 Not financial adivce. Tell me what you think. Comment your ideas, like if it makes sense. Cheers!
Hi guys, updating my previous analysis on a short term continuation of an uptrend on Bitcoin. Previous smaller patterns invalidated. Bigger triangle pattern noticed, brakeout target is the same. RSI around 53 + MACD crossover + price braking above MA200 indicator in favor of a buy signal and a possible continuation to the upside towards the ressistance below...
Hi guys. ETH breaking out of a triangle pattern that has ben forming for quite some time. A smaller triangle pattern was confirmed and therefore ETH started breaking out following up on BTC. The tables have turned now, in the last bull run BTC was following ETH if I am not mistaken. RSI and MACD still healthy for a continuation of trend. Breakout target pointing...
Hi guys. XRP formed a triangle pattern previously and currently after bottoming out started to dive out of the pattern into the breakout point. My trade is already in and I expect the first move towards 0.29 levels, where we will face our first major ressistance and where we neeed to flip that to support in order not to get a strong rejection. As well if we brake...
Hi guys. I am new here and I have decided to post my first trade setup after months and months of watching, listening, reading, studing, charting, trading a bit, trying out different strategies. Nothing big, mostly observing. Every critic is more than welcome, I am opened for learning and listening out to each and everyones opinion, since this is after all...