**BTC Failed to conquer resistance again?** The formation isn't done yet but as of right now it is showing another rejection from $44k. This is similar to the rejections at $48k.. You guys know what happened next! A harsh rejection leading to further downside pressure! I'm seeing a $35-38k initial target if this happens. If for some reason we managed to be...
@VIP Members **BTC Current Demand Zone** Demand Zone Indicated. BTC has been bouncing off of this zone around mid $45k 3x now. BUT BTC has also been making lower highs **What does this mean?** - This means that the market is showing a lot of weakness, yes But the demand is also there. The market currently has a neutral behavior that is a little bit biased...
Already out of TR# 3 that quick! This makes it a shakeout type of action. And now we are back to TR# 2 *I like that shakeout characteristics where it bottomed and held support for 3 days + a huge candle body to the upside! (This is a change of character and a change in momentum) --> This leads to a reversal! So brace yourselves, volatility is expected. Well have...
BTC lost $7k in two days, while ALTS held strong. It is a good sign! **BITCOIN STRUCTURES:** Pennant Formation - White trend lines Uptrending Channel - Orange lines Elliott Waves 1, 2 & 3 Current Support - Yellow Line Bitcoin formed a 'Mini-Teepee' Formation which suggests a short term consolidation. Despite this correction, BTC managed to hold above...
**BTC Market Update May 13** Huge sell off happened today for the whole crypto market! -23% BTC Already - Is this the May correction we are waiting for? Happened unexpectedly *What Happened?:* - Failed Elliott Wave 3 and 4 (Unable to breakout and got massively rejected!) *What to Expect?* -Formed a downward channel -Rally To (B) FAILURE TO BREAK WILL LEAD...
We Are Looking At Crypto MarketCap On A Daily Time Frame A Clear Breakout to the upside probably shocked a lot of people, but the question is. Will it find a support and continue to go up? Or is it an Up-Thrust Action After Distribution?? (UTAD) *UP 640% since March 2020 Lows *UP 68% after breaching previous ATH Price Analysis & Targets: BULL -> Finding...
We Are Looking At VET On A 4HR Time Frame Vechain Is On A Aschending Channel Up To Micro Wave 5 Target Of Around 0.04 Before We Break The Channel Into And Consolidate. This Is 100% Gain From Previous Bottom With Head And Shoulder Breakdown. -Market Is Showing A Lot Of Strength -RSI Is On A Upside Momentum -Ascending Volume Will Fulfill Our Price Target LET ME...
We Are Looking At LINK On A Daily Time Frame Another Chance To Accumulate! $14-$16 Target Levels (30-40% Correction From The Top) - This Is In Similarity To Wave 1 Correction And Fib Retracement Level It's As Simple As That! LET ME KNOW WHAT YOU THINK! 🧐 I Try To Make Things Simple For You To Understand :) 💡 IF YOU LIKE MY IDEA, PLEASE HELP AND SUPPORT MY...
We Are Looking At BTC On A Daily Time Frame Re-Accumulation Or Distribution? I Think It's The Latter. BTC Is Preparing For A Massive Move. We Are Seeing A Prolonged Sideway Movement Fib retracement to .618 pointing to $26k BTC (-24% From Current Level) We All Know -20%+ Can Happen On Crypto Market At Any Given Time. -Testing Bollinger Band And Symmetrical...
We Are Looking At XRP On A Daily Time Frame Still on phase B on XRP, might take a couple more days before we see another rally. but before that, 2 scenarios are unfolding.. Chart is portraying a symetrical triangle(means that the market is undecided - may go up or down) Scenarios (Phase C) #1 Double bottom / Shakeout - under 0.2 price target #2 Make Higher...
We Are Looking At XRP On A Weekly Time Frame Last Chance To Buy XRP Under $1?! --> We Are Currently Sitting In A Important Support. Breaking Below Here Will Make The Set Up Invalidated. --> Next Leg Up % Increase (Wave 3 = Will Be Massive) Is Based On Previous Price Movements --> Breaking The Psychological Resistance Will Blast Off The Price And Will...
We Are Looking At Crypto Market Cap On A Monthly Time Frame Very Hard To Predict What Will The Crypto Market Will Do Next. But Have You Ever Thought Of The Whole Market Taking Over And Being In The Trillions? $$$ This Is Just My Perspective.. We May Have Mini Corrections But I Am Fixated On What Crypto Can Do In The Long Run! Gradual Increase In Crypto Market...
We Are Looking At Bitcoin On A Daily Time Frame > Bitcoin Has Reached A Climactic Action (Buying Climax) To $23k + >Needs to Establish A Support - Typical 6% to 10% Correction Is Normal And Healthy - Overbought Indicators >I'd Be Cautious To Jump In At These Prices > We Are Entering A Possible Re-Accumulation Or A Short Term Distribution,...
We Are Looking At BTC On A Daily Time Frame Decreased Volume (Low Supply Signature But Also Decreasing Demand) --> Could Mean That Top Of The Rally Is In (For Now) --> BUT Could Also Mean That FOMO Could Start At Anytime! (Will Only Need A Small Amount Of Volume To Bring The Price Higher) --> Investors/Traders Are Being Cautious (Not Much Buying Nor Taking...
We Are Looking At LINK On A Daily Time Frame LINK Breakout Of Ascending Triangle Soon! - $13 Retested, Breakout Soon - The Market Is Currently Neutral (Undecided) - Forming Higher Lows Which Is A Good Sign - Supply Being Bought LET ME KNOW WHAT YOU THINK! 🧐 I Try To Make Things Simple For You To Understand :) 💡 IF YOU LIKE MY IDEA, PLEASE HELP AND...
We Are Looking At ICX On A Daily Time Frame -Huge Doji Pattern --> ICX Market Indecision *Rejected And Still Below 200 MA Not Looking Good For Icon. Based On Previous Price Movements, ICX Can Have More Downside Movement Especially After The 200MA Rejection --> A Possible Double Bottom BUT Indicators Are Gaining Momentum And Setting Up For An Upside...
We Are Looking At EOS On A Daily Time Frame EOS Possible Spring Action. *Buyers Are In And Bought The Dip (Shakeout) - Indicated By Long Wick -Needs To Break 2.7 -Failure To Support 2.3 Will Yield 2.0 And Even Wick To 1.7 LET ME KNOW WHAT YOU THINK! 🧐 I Try To Make Things Simple For You To Understand 🙂 💡 IF YOU LIKE MY IDEA, PLEASE HELP AND SUPPORT MY...
We Are Looking At XRP On A Daily Time Frame XRP Breakout Is Inevitable. Nearing The End Of The Ascending Triangle Technical Indicators And Market Sentiment Are Compliant! Price Targets Indicated: -Steady Volume *It Will Be A Slow Upward Movement LET ME KNOW WHAT YOU THINK! 🧐 I Try To Make Things Simple For You To Understand 🙂 💡 IF YOU LIKE MY IDEA,...