bensam282

bensam282

BNBBTC is forming a very bullish formation on daily timeframe - Continuation of Cup & Handle with a perfect retrace to .618 fibonacci and also a semi ascending triangle. Why semi? Basically a strong ascending triangle is one the has touched the ascending trendline twice. However BNBBTC has shown strength in the past days and therefore hasn't touched the ascending...

bensam282 Updated 

BTCUSD is forming an ascending triangle on 4H chart, with bullish backup from OBV & StochRSI. Therefore we are bullish in my opinion for the next 2-3 days and we'll be challenging the 0.618 fib on 9669$. However BTCUSD is also forming a rising wedge, which can be both a continuation pattern (with huge volume), or usually a reversal pattern. I think after trying...

bensam282 Updated 

ADA is forming a clear ascending triangle right on the 23.6 fib resistance zone. Volume steadily rising. StochRSI about to cross bullish > 0.5. In my opinion we should be seeing the breakthrough either today or tomorrow, next target is 38.2 fib (4545 sat), however 4000 might slightly hold us back as well.

bensam282

While in the linear chart, BTCUSD has finally broken through the major bearish trendline, in the logarithmic chart it still hasn't. That is indeed a huge mental barrier, and it also combines facing the 38.2% fib & 200EMA resistance. However, on the bullish side & view there are some good news. A cup & handle is forming on the 1D chart infront of you, and...

bensam282

Hello everyone, Welcome to my first published analysis, here's my opinion: BTC finally broke the falling wedges' trendline and looks like it is headed to the major resistance at the 7650-7750$ zone where we have a combination of 23.6% fib, 200EMA and the huge psychological barrier of the bear trendline. A bull flag is forming on the short term, however it needs...