SLPUSD is showing a bullish pattern after the first major move on the weekly,which topped out around 0.008$ ,SLP is in accumulation once more,forming a bullish "W" pattern which can take us to 0.012$ from 0.0069$ which it currently is. Buy and hold for a 73% move.
I've had this Elliot wave count for about a year now and I believe we are in wave 5 of the move . As you know ,waves 5 is always the short of the bullish waves in Elliot wave count,around $120000- $140000 ,I expect the move to top out. Have a great time trading.
Another SLP pump is on the horizon as we can see, a bull flag is currently forming on the 1D chart. When the flag plays out ,targets should be 0.0042-0.0043$
XRP is ranging within a bullish pennant and at the end of a pennant we usually have an explosive move and continuation upwards. XRP is at 0.63$ currently,if you're a swing trader this is the kind of trade you want to get into. -SLP already came through with a 63% profit - Hoping to round this year up with XRP
SLP is currently looking like a bull flag on 1D TF .The risk reward looks very good,provided Bitcoin doesn't do any thing abnormal,I expect this coin to moon hard before we dump early December. Fingers crossed.
Some people are calling for 13k so I tried to take a look at their point of view and technically speaking it is VERY possible,if you've been in crypto for a while ,you'll understand what i mean.
In the coming weeks,XRP is likely to rise again after forming a solid Adam and eve double bottom,chances of breaking upwards are higher now. The final target looks to be anywhere inbetween 0.77-0.89$
Guys, from the BTC.D charts showing a potential alts season coming, I identified Solana as one of the coins to hold,as seen in the chart.It is forming a huge inverse head and shoulders pattern,which is a bullish reversal pattern that rarely fails. Key targets have been identified in the charts,all you need now is patience and discipline. I see this playing out...
After a "W" pattern a restest of the neckline is expected .The probability of this happening is very high as can be seen with stochastic too which is overbought. We can see that BTC.D rejected around this price on the weekly two different times. Same thing likely to happen here and we can then see alts fly.
I used a line chart to clear out the noise in the chart and for clarity. Clearly,we can see an Adam and Eve bottom reversal pattern playing out here . No need to panic ,just buy every dip .Short term,when this Adam and Eve is fully formed,it should take us to 33k.
I inverted the chart of TOTAL MCAP just to give me a fair view and remove bias from my analysis.What i can see here is an inverse head and shoulder pattern that just played out.Price is only retesting the neckline of the right shoulder .After which I expect a rejection and we can start heading down towards the 3 trillion mark.
While everyone is panicking .I tell my people this is all part of BTC building structure that will take us to 56k.If you carefully look at it ,youll see an Adam and eve pattern .If and when this pattern plays out in full,we are looking at 56k as next resistance.I expect to see this playing out from next week. ETHBTC and BTC dominance still also looking good .So...
Under the TAE framework (Trend, Area of Value,Entry) for entering a trade,we can see this chart meets the three requirements. Let me explain. We can see the 200MA acting as support / base for the short term uptrend.That is the ''T'' part. Area of value is the white long line where resistance is 3.34$ ,that serves as ''A'' . ''E'' is for entry if you are trading...
We can clearly see a rising wedge forming on the 1d chart also evident on 4hr and 1W chart.Only a matter of time before it plays out and targets will be around 41.80% from there it will slowly begin a trend downwards. Don't fret,just stay calm and start accumulating alts.
I drew the resistance lines with price on the right hand side .When SLP starts doing 50% for one week straight,everyone who didn't get in gonna feel bad.
Digibyte has printed a textbook falling wedge on the one week chart.Lots of resistance before reaching Valhalla .All resistance I have highlighted in the chart .You can see other charts and suggestions below.
I have been charting coins that look very good in anticipation of alt-season,ICPUSD is one of them. Targets can be found in the chart 19$,36$ 57$.It can extend as far as 80$.In 2-3 months lets see how this analysis will look.
My very first post.I have been in this space charting for about 4yrs for a few select. I have decided to go public and share my thoughts with the trading world. While everyone is so concerned about BTC bottom ,I've been keeping an eye on BTC.D chart, the chart looks like a descending flat pattern ,now it needs to touch 43 and then begin its journey downwards....