Gann scaled channels and fibs for reference
Compare this chart with the linked chert - Bnb Holds Above Previous ATH - I believe exactly the same thing is about to happen - I intend to buy Bnb with Btc when it hits its lowest price against Btc since 2 years - around 0.00054 - I will link the Bnb/Btc chart in the comments beneath
Xmr 240 candles need to escape from the arc pair resistance without crossing down thru the red 1x1 ascending fib ray - The whole movement is i a similar position caught between the 2 major downtrends above the gann square - a breakout from the arc pair and downtrends would open Xmr up to meeting strong resistance around 0.0064
Link has hit 5th arc resistance on a long running monthly chart - You dont mess with the 5th arc
Btc candles are hugging this fib set up very tightly - I have another projection also which is linked beneath - The Dollar Index has broken out on the 4 hour chart and as Dollar strength rises the Anti Fiats like Btc and Gold will have the value sucked out of them - So i see a drop on the weekly candle to $36.5K area starting this Sunday - if support holds on the...
The down impulse measurement of a rising wedge is equal to the of the up impulse -Btc price needs to hold that 61.80% fib to secure further gains - Dollar index shows a breakout on the 240 chart meaning a choppy week for cryptos as the Dollar shows some strength
Ksm was trading on Hotbit at 0.00066 which was around $8 when i bought it in June - There are ways of measuring this Binance chart that show it has bottomed - But i believe based on its real previous price against Btc, which is not visible on any trading view chart, it will retrace further yet - Ksm is a great coin but if you are holding I advise you to have a...
I see a drop to $36500 K area on the new weekly candle tonight and then a fast fast bounce to $44.4k and maybe some over performance - but i think that will be it for this bull season, i imagine some truly eye watering bounces on the way down but we could see as low as $8.5K eventually
Yep could be, hows that for a technical analysis, youre welcome
Bnb will be at its lowest price against Btc when it hits the 23.60% fib - Moving to the 50% fib would approx double its value against Btc - with the exception of maybe Link I dont believe other Major Alts will do so well - please study the 2 Bnb/Usdt charts i have linked beneath - One shows this time about to happen and the other shows what happened last time
Support on the red 1x1 needs to hold - Resistance/Support on the Arcs and fibs
The mini bull trap seems to have bumped its head underneath the previous uptrend, the drain should increase speed now
Eth is going on vacation to the Hamptonnes, don't let your Btc go with him
I think you'll need long arms to hold Link from here...bounces on the fibs and arcs, ascending support on the fib rays - Link is a very bullish coin, there should be some good swings between the fibs on the way down...
Just a guess....zoom out to see previous cycles - Compare with the Mcap chart still running from last year linked beneath
Needs to poke a hole thru that ceiling and then open a candle above , thats pretty much all there is to it - Breaking the uptrend would see Btc looking for support on the 38.20% fib
Both charts seem to have some headroom but there is bearish sentiment at the moment- We will see with tonights candle, should have power as the monthly and weekly coincide