NathanAlfred

NathanAlfred

In my previous Bitcoin analysis we saw price form a head and shoulder pattern on the daily TF which gave us good short opportunities. I also was looking at price going down as low as $37k provided it broke the current demand zone. So as you can see currently price has broken the shoulder line of the Head & shoulder pattern but has failed to break the Current...

NathanAlfred

This last week has been crazy in the crypto space following Elon Musk's twitt regarding how bitcoin is not Eco friendly. As much as I don't agree with Elon and that has been debunked many times over the fact still remains, Is Bitcoin due a Correction? Well the charts don't Lie. It is Clear on the Daily timeframe we see a nice Head & shoulder reversal pattern....

NathanAlfred

Could the Bulls be out of gas pushing price down for a nice 1:4 Risk to Reward potential Sell entry. What do you think?

NathanAlfred

If price breaks below current Demand zone I potential see price testing the 200EMA and previous Demand zone before pushing back up again. But if price Rejects 50EMA and current Demand zone I see XRP pumping to $2.50 before Monday. let me know what your price prediction is for XRP before Monday?

NathanAlfred

Let me Know what you think will happen.

NathanAlfred

Bitcoin facing some minor setbacks having a hard rejection off the 61600 price area pushing price to the downside. Price is approaching nice Demand zones to collect more orders to rally to 65k. I see price going as low as 57000 areas before we see price rallying back to the upside. I will be looking for long positions once I see price reject my demand zones and...

NathanAlfred

Here is my analysis from the weekend on the 4 hour timeframe for a potential Reversal for a bullish Biased. On the daily and Weekly it's still pretty bullish forming a nice Ascending Flag pattern. Also using Fib retracement Price has respected and rejected the 618 zone on the pullback and could potentially break Resistance for the upside. The market is forming a...

NathanAlfred

Here is another potential BTCUSD setup based on technical analysis. In my previous analysis setups, BTCUSD usually doesn't care about technical analysis so it will be interesting to see how it plays out. Take a look at my setup and let me know what you see.

NathanAlfred

BITSTAMP:BTCUSD Here is a analysis based on the 4hour timeframe. Looking at market structure, a nice Wedge pattern confirming a potential breakout to the downside to collect more orders in the Imbalance zone due to high liquidity push up that happened on Sunday. If Price breaks the wedge I will be looking for potential sell positions to my Imbalance zones then...

NathanAlfred

Here is a quick Analysis on BTCUSD using Trap zone and Fib trend retracement. Let me know what you think?

NathanAlfred

There is NO doubt in my mind that Bitcoin will hit and break the 50K mark! The only BIG question is WHEN? Below are two scenarios I put together based on market structure and technical analysis. Scenario A Price Rejects current support @ Zone A and pushes up to break flag pattern and resistance for a nice ride on the upside. Waiting for a perfect Buy entry @...