Bitcoin dominance is currently forming Head and Shoulders reversal pattern, that is bad for altcoins. I see this descending triangle on DASH, which is an extremely bearish setup. Also, this coin is breaking down from a major horizontal support. I still miss one more impulse Elliott wave to the downside. Please see related idea below this technical analysis for...
CME futures gap is still unfilled, so we are waiting for a pullback before we enter a long position. If you take a look at CME futures bitcoin chart, you can see an ascending triangle to the upside. It is a perfect opportunity to buy a support of that triangle. Please, hit the like button and follow me for more of these ideas! Also, check my signature down below ↓
We are currently in a bull market according to weekly and monthly chart. The price is above 20 & 200 weekly moving averages, above the trend line, above 10500 major horizontal support (head and shoulders neckline), above 10 000 USD psychological support. If bitcoin crash below 10 500 USD - i expect a quick long squeeze to 6500 USD - previous major support and 200...
Swipe is going down, failed to hold any of provided supports, for example 0.618 fib or previous swing support. So in this case, there is an expectation to go down on a double bottom pattern, however we are currently in this parallel channel.
Head and Shoulders pattern is still valid. This is extremely bad for altcoins, this Head and Shoulders pattern is powerful. Also, the major trendline to the downside is broken. Big move is probably coming and it will be nasty. You can short altcoins on Binance Futures / Bitmex or move your Crypto to USDT temporarily - only for traders. Monthly chart is still...
Swipe is currently in the C correction wave, it should be finished at 0.618 fib + horizontal support from previous swing. It also depends on bitcoin. As you can see my Elliott Wave count, the next wave is the 3rd Impulse wave, which is generally the strongest one. Please, hit the like button and follow me for more of these ideas! Also, check my signature down below ↓
UniSwap is still going down, below all major resistances. It is a good coin, do not get me wrong, but bulls need to do something. I am pretty much sure, that we will experience a bounce from the double bottom support line. This is crypto, not forex - and double bottom formation before a true pump is a standard. Please, hit the like button and follow me for more...
I see this Head and shoulders pattern on the 4h chart, pretty huge, this can definitely indicate a trend reversal. Also the trendline is broken - favours bulls! Please, hit the like button and follow me for more of these ideas! Also, check my signature down below ↓
Theta is above All Time High and currently forming this bullish pennant. Also we had a nice breakout from the big triangle. This coin is definitely one of the strongest alt coins on Binance. I recommend to buy this coin and hold for few weeks. Please, hit the like button and follow me for more of these ideas! Also, check my signature down below ↓
Today is Monday and as you can see - CME Bitcoin futures created this GAP. Based on history, we have 100% chance, that the gap will be fully or partially filled. There should be a lot of buyers at the horizontal resistance of the triangle. This trade is only a short term quick trade, so there is nothing to be worry about. I expect a pullback to 11 000 - 11 200...
Last time, Uniswap had a big issue at the bottom of the big channel - no buyers stepped in. I think a retest of the channel is now very likely with a double bottom combination. Also, as you can see, the local support is probably going to break to the downside. I am pretty sure there will be a bounce at 2.5 USD. This coin is a depression, definitely have a big...
The Elliott Impulse wave is in progress right now. I expect one more wave to the upside, then sideways for a while. 0.618 fib and horizontal resistance may be a good profit target for traders. As long as this trend line holds - it is fully bullish. Please, hit the like button and follow me for more of these ideas! Also, check my signature down below ↓
This coin is one of the strongest one. Recently it reached new all time high and currently forming bullish continuation pattern. What other coins you want to buy if not the strongest one? When bitcoin will be on ATH, everyone will buy it for sure. Please, hit the like button and follow me for more of these ideas! Also, check my signature down below ↓
RSI looks very good. However, we need to break the POC level of the volume profile, to become extremely bullish. You can also see a channel projection to the upside. If we break the POC level and the major resistance at the top, we are going to all time high pretty much for sure. Please, hit the like button and follow me for more of these ideas! Also, check my...
BNB is definitely one of the most bullish altcoins out there! It is similar to buy BNB shares on the stock market. I see an ascending triangle currently forming on 4h chart. Also, the price is above the trend line, which is also a good sign. Please, hit the like button and follow me for more of these ideas! Also, check my signature down below ↓
There is nothing bullish about this chart yet. One more wave is likely to the downside, as we need to complete 5th Elliott Wave. In my opinion - bulls need more time to consolidate, if they want to push the price higher. I don't think that it is going to be so easy and the correction is over. First i want to see a good healthy consolidation at the bottom, before...
This structure since ATH is still bearish, because the main impulse Elliott wave crashed to the downside. As per Elliott wave principle, we should expect an ABC correction to the upside now, before another move to the downside. I cannot turn completely bullish on this coin yet, because we need more data later and bulls need to prove more of themselves. And what is...
As you can see, we broke the bullish parallel channel and now we are in the descending triangle, which is bearish setup. Retest of the trendline was successful, so there is no need to go up anymore. Please, hit the like button and follow me for more of these ideas! Also, check my signature down below ↓