Hi Guys The chart shows BTC vs USDT on the 8 hourly on Coinbase. Bitcoin is bouncing off the June 2021 ATL (Green Horizontal Line), which is seemingly providing a level of support so far. Bitcoin is about to re-enter a downward parallel channel (Red Lines) in which you can see has formed strong price points (support/resistance) with the white...
Hi Guys We have possibly hit the bottom and here's an idea you may find very interesting that could predict a rough route Bitcoin could take to see new ATH's. THE LONG ROAD AHEAD First off the chart: KRAKEN; WEEKLY; BTC vs USDT. The red, yellow and green lines represent areas of support and resistance. The pink dotted line represents a 50% price point between...
Chart = BTC/USDT; 1 HOUR; COINBASE ANALYSIS = Reverse Head and Shoulders pattern suggests upside, it's not the cleanest pattern but has the three main points. TARGET = Target would be approximately 37.7k TIMEFRAME = Would be very soon, approximately 24 hours for a strong push up, it could flatten out before making it's move but if longer than 48 hours the...
Happy Sunday Everyone Overview KRAKEN DAILY CHART: BTC vs USDT ANALYSIS Bitcoin has been in an upward parallel channel since January 2022 (See Chart). Bitcoin has re-entered the bottom range of this parallel channel (See Chart). We've had two previous strong bounces with high volume in this area. The likelihood in favour of a strong bullish move towards the...
Chart Overview - Binance, BTC/USDT, 1D ANALYSIS - 4 Key price levels are established using the fib ext. from the ATH to the low of the large subsequent price dump to the next high before we dropped once more to low 40k's. The prices are as follows: 0 - 52k 0.236 - 45.7k 0.382 - 41.7k 0.618 - 35.4k Conclussion: For a bullish reversal the most ideal situation...
Chart Overview The chart overview shows the total market cap for cryptocurrency. Here are a few points to make on why I believe Crypto and Bitcoin price is due for an upswing reversal. 1) The price has been moving down in a reducing wedge pattern. 2) The price bounced from a key price point (1.992 trillion dollars, the light blue line) 3) Bitcoin also shows...
CHART OVERVIEW The chart shows daily candles for DOGE/USDT on Binance. A Fib retracement from the low price of 0.0073 just before the triple parabolic pump pattern all the way to the current ATH at 0.74. ANALYSIS Doge has found support at the 0.786 retracement and resistance at the 0.618 point. There are certain points which could demonstrate a Wychoff...
CHART OVERVIEW - Celo / BTC (8 hour chat on binance) ANALYSIS - Celo travelled through a long falling wedge after breaking out and currently moving sideways within an ascending triangle. After a fakeout to the downside, spring off of support at 0.000094; Celo is now on track for more upside. CONCLUSSION - The chart shows key resistance levels, first challenge is...
CHART OVERVIEW CELO / BTC - WEEKLY CHART A) Fib circles showing price support and resistance points. B) Fib levels with the 1.0 and 1.618 shown in yellow and green respectively ANALYSIS The price is currently hugging the green 0.618 circle. It is showing a strong level of support. CONCLUSSION CELO is volatile but has a lot of potential in my view, it has...
CHART SUMMARY Binance - Weekly Candles - AVAX/BTC CHART OVERVIEW Fibbonaci Circles: from the centre outwards = 0.382, 0.618, 1, 1.618, 2.618, 3.618. ANALYSIS The price is heading towards the green 0.618 circle, this is a pivotal price point and could indicate a bullish bounce is upcoming. CONCLUSSION If lots of volume and a sharp rise occurs after contacting...
(a) Chart Overview > XMR/BTC - DAILY CHART - BINANCE (b) Analysis The descending triangle is usually a bearish sign however a fake-out is a strong possibility considering these factors: Fundametals > Monero's privacy USP is highly valuable for two main reasons, 1: To avoid discrimination and 2: To maximize security. > Monero most recently (July 23rd) hit it's...
SUMMARY There's quite a lot of information on this chart so I'm going to break it down step by step, it'll be worth your time, in my opinion off course ;-) The chart has four Fibonacci circles with three layers (the inner, red; the middle, green; and the outer, white). The first starting 8th January 2021, the last ending 27th January 2022. CHART...
CHART OVERVIEW *BTC/USDT - DAILY CHART - BINANCE I've used a pitchfan to mark out support and resistance lines; as well as cyclic lines to mark out the different stages in what you could call an institutional accumulation or a Wyckoff Accumulation. I'll detail here what I expect in each stage. Of course I could be way off target so please do your own...
CHART OVERVIEW VET/BTC - Weekly Chart - Binance CHART DRAWINGS On the chart are key resistance and support measured by the Fibonacci retracement. Also with the Fib circle tools, you can see where the price has found support and resistance. ANALYSIS Vechain has bounced out of the 0.5 Fib circle and from the 0.5 retracement line. This shows confluence towards...
Chart Overview * Binance: XMR/BTC * Daily Chart * Reducing / Falling Wedge chart pattern Analysis Monero is forming this bullish chart pattern, with many contact points (four significant touches on the resistance or upper line and three on the support or lower line). The multiple contacts adds credence to this chart pattern, most likely result is a bullish...
Chart Overview *XMR/BTC WEEKLY *Parallel channel *Support Points (Green arrows and white horizontal line) *Resistance Points (Red arrows and white horizontal line) Analysis From the point of writing, Monero has increased 24% in the last 7 days (compared to USD). Also Monero is finding a lot of support at the white line (0.6103). Monero fell closed last week below...
Chart Overview * 3 Day Dot/Btc Daily * Gann Box * Fibbonaci Circles (0.618 to 0.786) * Red Shaded Rectangle (Potential Resistance formed by VPVR) * Green Shaded Rectangle (Potential Support formed by VPVR) * Diagonal Cross/45 degree line (Blue) * Vertical Cross (Green) Analysis DOT is sitting within the Fibbonaci Circle and the two price/time Gann lines, the...
Chart Overview Below is a bullet point summary of the chart, which include specific Gann lines that denote support or resistance. * 3 Day BTC/USDT chart on binance * Line A = Very Strong Support * Line B = Strong Support * Line C = Medium Resistance * Line D = Strong Resistance * Line E = Medium Resistance * Line F = Strong Resistance * Line G = Very Strong...