Link has formed an ascending triangle and has tested the upper resistance trend line multiple times a clear breaker here will take this to new ath. The target of the ascending triangle is around the $32 area Bitcoin has to stay put and not the shit the bed here.
Eth is forming a ascending triangle, on the daily, close above the horizontal green line $(1440) on the daily will send this to the $1900 area. Eth has been ranging under the resistance for nearly 30 days and has touched the $1440 line for times. Eth is getting sent and it's only a matter of time. Confirmation is key so I will be waiting for the daily...
Ada has broken out of the symmetrical triangle, a close above on the daily will confirm the break out. Ada has also broken above the green horizontal resistance and a close above that will further cement a bull argument. Ill wait for the daily close for confirmation. If we get rejected I expect a retest of the symmetrical triangle and then a retest of the white...
Its very simple here, btc closing below the green horizontal line is not good, I see further downside if that happens. A test of the $30000 area and lower. Weekly and monthly close Stay patient and stay alert
Algo seems to be forming a cup and handle pattern on the daily time frame. Continuation pattern. This could take some days to play out but patience is key. A breakout could give us around a 200% move. Perfect buying opportunity will be the $0.50 area where I will be looking to accumulate. Stay safe trading.
I posted about this a few days ago, one of the cleanest macro charts in crypto. Broken out of the ascending channel with decent volume. If btc doesn't shit the bed I expect this one to test ath shortly. I have a long term bag
As of my previous post btc has broken out of the inverse head and shoulders structure with confirmation on the 4hr. Btc is now facing resistance at the $34500 area (green line). If we clear this area we will be retesting ath again shortly. Volume is key and we need some big volume stepping in.
Btc is forming a inverse head and shoulders pattern on the 4hr chart. Break out of pattern will take us towards the $40000 level. Confirmation is needed on the 4hr close so I will be paying close attention to that before making any decisions. Give me your thoughts traders? As always stay safe trading.
Btc is forming a head and shoulders within a descending traingle. I would be very cautious within this area. Any sudden crash will bring alt usd pairs down with it, so for now I'm on the sidelines Btc has tested the $30000 level again a close bellow this level will not be good I will wait for confirmation, a bounce and I can see us head for the upper trend...
Another coin I'm very bullish on similar to ADA. Huge inverse head and shoulder forming on the higher time frames. This could easily double in the coming months, price discovery on the way.
Cardano is one of the best looking charts in crypto and is one of my biggest altcoin bags. The IH&S printed on the macro looks amazing. I can see ada 3x in value within the next 6-12 months. This is just the beginning. Stay safe trading as always.
Bitcoin is currently hitting resistance at the $34440 horizontal white line and also the white descending trend line. A break above this line and I see btc retesting $40000 and then ath. I will wait for confirmation on the 4hr. Stay patient and always wait for confirmation. Stay safe trading
As posted yesterday eth was making higher highs and lower highs and it has printed another higher high which has given us a new ath. (Check previous post) I'm still in my eth position but I did take some profit off the table. I'm expecting a little correction here on alts in the coming days and weeks but I will be buying any further dips.
Eth looks amazing on the daily, macro time frames point to higher highs and lower highs and I expect eth to set new highs very soon. Depending on btc not dropping too low dips on eth will be bought and I have put the potential buying zones if eth dips to these levels. Stay safe trading out there as always.
Ada is forming a small IH&S with a larger bull flag on the 4hr. Waiting for a confirmation of the close above the neck line. Target is around the $0.44 We have resistance at around $0.385 (blue line) a clear close above that line on the 4hr will bring further credence to another leg up. Stay safe trading as always.
Xtz is currently forming higher highs and lower highs. I have been bullish on xtz for a while and my opinion in stays the same. A test back down to the $3 area to form another a higher low and then I see it testing $3.50 and then $3.90 Be safe trading. Like is much appreciated
From our previous analysis we expected btc to break down from its descending triangle and below $30000, $28500 to be exact. I shorted this perfectly with our target reached almost to the T. (Please look at our previous post on bitcoin) I hope you all took the trade and congrats if you did. I also posted that if btc hit $29000 I will be buying the dip, target...
Target of the descending triangle is around $28500 If the breakdown happens I'll be looking to buy the dips at around $29000 I'll wait for a confirmation of a close below the horizontal white trend line at the base of the descending triangle at $34450