Not as technical as we tend to be in our analysis here at ORCA, but if it plays like this you saw it here first. Trade safely, and stay tuned for our next post which will be our analysis for our q4 outlook!
The following analysis/idea identifies the three resistances that BTC phases in the immediate short term. In total, there are three resistances that we have identified, all of which have different levels of significance. R1 - Resistance one is the structural resistance BTC has formed in its sideways. R1 is the least significant of the three resistances, as it is...
Just an interesting comparison I drew up today... Not using this for a trade entry, more so to visualize a potential path based off of structural similarities. As always, this is not financial advice, but if you gained any value from it I urge you to like and follow us to share the love. We will always respond to messages from ours followers, so feel free to...
In this chart, we are analyzing one of my strongest indicators for support/resistance in established trends, which is the EMA Ribbon. On the left side of the the chart, we can see how the Daily EMA ribbon acted as strong support during the bull market, as every time the candles approached or interacted with the ribbon as support it proceeded to bounce. Fast...
Key Similarities: - Head and Shoulders Breakdowns - Re-test of H&S Neckline (previous support turned resistance) - Hard Drop when neckline was broken Currently: - Currently BTC finds itself in the re-test of the neckline phase, which can be seen as also forming a rising wedge of sorts. Not predicting what's going to happen, just sharing one of my...
Hey guys - I was just playing around with some charts, and realized that there are a lot of similarities between the structure that MANA broke from that led to prices rising from .82 --> 5.00 in just three days. Do ya'll see it too? This is not analysis that should be used to trade with at all. It's merely a fun idea that technically isn't impossible. Do you...
You can view where I believe xrp may be in its development if it chooses to continue to follow the same/similar path as it's 2013 bull run. There seems to be a lot of similarities. While this chart doesn't have XRP mooning tomorrow, there would still be a substantial pump before its ultimate pump that brings us to the moon! Just an idea, not financial advice. If...
1. The EMA ribbon has flipped from support to resistance. Bitcoin has tested it 4 times (so far) - each time leading to a rejection as shown in the chart. 2. Bitcoins ATH was rejected at the neckline of the Head and HS that sent us into a bear trend back in May of this year 3. Bitcoins daily RSI is still NOT oversold 4. COVID-19 'Omicron' news keeps coming......
Cyber monday discount might come a little bit late, but I see one more drop to the range of 3700-4000 before eth goes on its run to 10k+ Please consider liking this analysis if you gained value from it, and I urge you to follow us as we aim to be a great resource for traders to consult (for educational purposes) when navigating these tricky markets! Cheers!
I still think that Mana is just getting started. While this is just a fun idea/sketch of what I think it can look like before its next big breakout, I'd still be cautious with how you trade it right now. Nonetheless, let me hear your price predictions! As always, please consider liking and checking out our posts, and if you gained value I urge you to follow...
Hey guys, an update today for you on XRPUSD... Through my years in crypto, I have grown to love coins that have progressed seemingly slow compared to other coins in the market cycle. As you can see, XRP has been very range bound, and has yet to reach ATH's unlike most other coins this market cycle thus far. While there were fundamental reasons for this, such as...
Now that we have wiped out many of the weak hands, and over leveraged positions, I believe that it's time for BTC to make the real move... the move all us day 1 BTCers have been patiently waiting for. As always, like and follow our page if you appreciate the analysis and want to use our analysis as a source to help you better navigate these choppy seas. Trade...
A couple paths for XRP to embark on its inevitable face melting sprint up! Please remember to like and follow if you appreciate this content. Additionally, we do have and will have many more in depth analysis! Check out some of our previous XRP posts to get a better idea of our price targets long term.
It's not pretty, but this how I see CHZ. I think it's easier to look at BTC for CHZ's next move, but here are potential targets for either direction the market chooses. Despite the potential short-term bearish move that MAY take place, I am still near term very bullish on CHZ. Remember to follow if you want analysis on our top crypto's, as well as like and...
I know after making ATH's that correcting to $52k doesn't seem bullish, or maybe even likely - but I would disagree. We have to remember that the market makers use time as a weapon against retail investors. With this being said, I am a firm believer in lengthened cycles, and believe that a correction of this size (25%) back to these levels would be healthy, as it...
Just an idea, but I'm looking for btc to bounce of the 60k region!
Idk if I've ever liked a chart as much as this one (prior to a pump) - what do you think? Check out our page for more serious analysis on many of our favorite cryptos, and remember to like and follow our page to let us know you appreciate the analysis. Trade safely, and tune in... things are about to get crazy!
If we zoom out here, we can see that SRM has been developing a very clean cup and handle pattern. The neckline of this pattern is roughly $14, which is already almost 100% from where we are now. My ultimate target for SRM is $28, which is nearly a 4x from here... it will take some time though. Don't forget to like and follow us if you appreciate our analysis, as...