RejaA

RejaA

Bitcoin has officially entered the bull market, with closing above 20WMA the previous week and 20WMA crossing 100WMA this week, which is technically the start of a bull market. Now we also know that historically, when bitcoin keeps above the 20-week moving average line, altcoins tend to outperform it. What is the situation with VeChain now? We can see that...

RejaA

VeChain has been stagnant for quite some time now at around 0,10$, although it has reached the upper trendline of a wedge pattern. If the price breaks and successfully retests the upper trendline, VeChain might be looking at new all time highs. Nevertheless the prediction is very bullish, and would probably happen only if Bitcoin continues the surge and manages to...

RejaA

VeChain seems to be forming a cup & handle pattern on 1hr chart (VETBTC pair). The pattern target is probably at the drawn fibonacci level, 0,00000170BTC. This is around 32% pump from the top of the handle, and approximately 47% pump from it's current price. If the bitcoin price stays put more or less, that would put VeChain to 0,10$. We would see history in the...

RejaA

ETH seems to be in a rising wedge as seen, if we break to the upside and manage to break 2000$ psychological level the rising wedge target price is at around 2260$. This is a 16% gain from current price of Ethereum.

RejaA

VeChain did quite a lot in the last few days, now it seems to be forming a bullish flag. If we break out to the upside, which is extremely likely also due to the bullish divergence on the RSI, the flag target is at 7 cents. That is around 40% gain from now and around 22% gain from the breakout zone.

RejaA

At this point I don't believe we are returning to 20 week MA just yet. I think bitcoin has got another kick in it before a bigger correction. We can see Bitcoin forming a big wedge on the hourly timeframe. There are two scenarios, but bitcoin is at it's all time highs, so it has more support below than resistance above, so I'm quite positive it will break to the...

RejaA

The following is my possible trade on LINK in the near future. Feel free to copy. Risk/reward ratio is around 8 and gains are 30% - 50%. Basically Link has ben held under a strong resistance levels and with the supporting line, making a possible rising wedge. If we look at fibonacci retracement levels, from previous test of support to rejection of resistance, we...

RejaA

Chainlink is trying to break trough the resistance level. If it breaks it it can go sky high. LINKBTC looks very bullish in my opinion, so I think we will break it rather sooner than later. If bitcoin finally corrects, LINK price would probably go down with it and stop at major support level marked on the chart, which had been tested few times now. In any...

RejaA

Bitcoin has pumped a lot in the last few weeks. We can surely predict a correction soon as the matter of fact I think that it just started. RSI index is at the all time highs and there is a doji star forming currently on the daily timeframe. I predict that we will retrace to the 20 week MA as we did in previous cycles, and in this chart I show the probable...

RejaA

ADA seems to be forming the same cup&handle pattern as VeChain did (I published a chart yesterday). In my theory we will probably get rejected at around this level as we are at previous all time high and RSI is very high, which shows overvaluation. In my opinion we could retrace to 0.618 fibonacci level, that is 54% drop from now. If we find support there and...

RejaA

VeChain has shown us textbook example of cup and handle pattern. I was a bit late of recognising it the bigger picture, but there are still 20% possible gains until we hit the target.

RejaA

At the bottom there seems to be a major price level, that we seem to be bouncing of again, although to be certain I would wait for another green weekly candle. If we bounce of, we could get stopped at previous ATH which sits at around 0.0016BTC, if we break that level, according to fibonacci extension, the price would target 0.003BTC. In today's BTC worth in USD,...