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 coming and it will be nasty. You can short altcoins on Binance Futures / Bitmex or move your Crypto to USDT temporarily - only for traders. The monthly chart is still bullish for altcoins. Please, hit the like button...
Bitcoin dominance is currently forming Head and Shoulders reversal pattern, that is bad for altcoins. I see this descending triangle on DASH, which is extremely bearish setup. Also, this coin breaking down from major horizontal support. Please, hit the like button and follow me for more of these ideas! Also, check my signature down below ↓
My Elliott Wave count is completed. There should be at least a bigger bounce to the upside. The descending parallel channel respects the blue lines also very nicely. I have to say one thing - the trend is so extended and it has to come to the end. Please, hit the like button and follow me for more of these ideas! Also, check my signature down below ↓
Take a look at daily candles, as you can see - there is a bullish hammer right at the horizontal resistance support. Impulse Elliott wave completed and this channel looks like it wants to breakout. Please, hit the like button and follow me for more of these ideas! Also, check my signature down below ↓
We are currently in the major bullish cycle. If you hesitate to buy and invest into this coin, then you should definitely do it. The price is above 20 and 200 moving average on a weekly scale, which provide us with an excellent buy opportunity. Also, ETH bounced off the double bottom pattern - which is a common powerful crypto pattern. There is absolutely no...
I reworked my Elliott Wave count and i still miss one last wave to the downside. This count is also a valid EW as the previous one. The descending parallel channel respects the blue lines also very nicely. I have to say one thing - the trend is so extended and it has to come to the end. There is another good buy opportunity on the bottom of the channel. See my...
Alt season is currently in progress. The rising wedge pattern is broken, which massively favor altcoins speculators. This rising wedge pattern lasted almost 2 years. Also my Elliott Wave count is completed. If you like this technical analysis , please hit the like button and follow me for more of these ideas! Also, check my signature down below ↓
Impulse Elliott wave completed to the downside very nicely. If you take a look on weekly candles, u can spot a massive bullish hammer. I expect massive gains for this coin, first target is 0.618 fib. Also as you can see, the price bottomed out on this falling wedge pattern. If you like this technical analysis, please hit the like button and follow me for more...
A lot of people talking about head and shoulders reversal pattern, but i do not really see it. The liquidity was taken on 5th September way below the neckline. There is simply no fuel to crash this market. Also as you can see - the major trend line is already broken, which is bullish. I also did Elliott Wave count and ABC correction is completed with truncated C...
We are currently in this symmetrical triangle, the price creates higher low => uptrend is intact. The red trend line can be very useful in the future, because you can sell/short when the time comes. Bottom trend line really should hold for smooth continuation of the trend to the upside. Else this symmetrical triangle can become an descending triangle, which is...
Major trend line is broken and we can see multiple resistance level, which is a good opportunity to enter a long position. If you like this technical analysis , please hit the like button and follow me for more of these ideas!
We are currently moving within this channel, with a very big bounce potential to the upside. There is a previous swing low, established last time and it is very unlikely, that we break this level on the first time. I would target 0.618fib level as a profit target. If you like this technical analysis , please hit the like button and follow me for more of these ideas!
Parallel channel is already broken, but there is still a possibility to retest this channel as support! Please, keep that in mind. Else the elliott wave count is completed to the downside, which is of course bullish. I will provide a detailed technical analysis and wave analysis to this coin on lower time frame as well, follow me so you don't miss this update... ...
Bulls deeply need to break this triangle / trend line. ABC correction to the downside is of course done, but there is still pressure from bears. If we drop below A+C wave, i am afraid Litecoin is dead or another deep correction is expected! If you like this technical analysis , please hit the like button and follow me for more of these ideas!
I did Elliott wave count and 5 waves to the downside is already completed. However, it can be only the first A wave completed and we are currently in B wave to the upside following with C wave to the downside again. We need to break this descending channel first, if we want to turn bullish. Bulls still need to prove, that they are able to break 2019 swing high...
We are currently in this parallel channel with 5 waves completed to the downside. This recent move to the upside is very bullish based on structure and how this coin pumped. Main resistance is 13.2 and 0.618 fib level. If you like this technical analysis , please hit the like button and follow me for more of these ideas!
Crypto market is fully in a bullish mode, that means we expect continuation to the upside. The ABC correction has been completed with truncated C wave. Next impulse wave to the upside is now expected if the major trend line holds. This trend line simply must hold for continuation, otherwise, this Elliot wave count is invalidated! If you like this technical...
This coin have so much potential from fundamental page. I see Head and Shoulders forming on 1h timeframe, also with trendline / falling channel. ABC correction is completed and also the right shoulder is in the same position as left shoulder, which is great. If you are interested in signal channel on tele-gram, please contact me @RobertWise. Bitcoin dominance is...