evasivesteering

evasivesteering Updated 

I published an idea on BTC capitulation (see link below) ten days ago. This post is a new update on when BTC would go to this level. As you can see, BTC is losing the "210K line", a very meaningful trendline that I'll explain this in my future post. My prediction says that BTC would go down around the 200W MA Line and the dashed trendline next to this 200W MA,...

evasivesteering Updated 

C98 has been one of the most volatile cryptos since the big drop of BTC on 11th May. It recovered more than 120% since the local bottom. Today, it broke its trendline (on 4H TF). Also, the RSI's one was broken. Retest of these trendlines seems to be on-going. I think that C98 will be rejected (by trendlines) and will continue to go down. My expected targets are...

evasivesteering Updated 

I would like update the prediction done for NEAR on 11th May. NEAR lost its wickless weekly trendline on that day (see the below snapshot). It is one of the last L1 coins that could not hold this strong support. Retest of trendline seems to be rejected. I think the it will go down to see the next wickless weekly trendline in one or two weeks.

evasivesteering Updated 

Bullish bat pattern is being completed, i think. But need wait until the end of this week to confirm this. If so, a big reversal will be forseen.

evasivesteering Updated 

It's quite delicate to trade these days when BTC has been ranging between $28600 - $30800. However, there are some coins with good volatility and with clearer trend: KNC is among these coins. In 6H time-frame, KNC is forming an ascending triangle with a hidden bullish divergence. This week, it would reach $2.77. At this resistance level, it's very likely that...

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History seems to be repeated (on monthly time-frame): RNO has been consolidated (again) in a big triangle after bearish rally since the end of 2018. This price action was seen in 2009-2012 after a big fall linked to the automative crisis in 2007-2008. In my opinion, it's time to accumulate RNO (around 21-23 euros) and hold for 3-4 years. Expected benefit is...

evasivesteering

To be continued with my previvous post, this is a zoom on three posible scenarios for CAC in mid-term.

evasivesteering

CAC40 has been ranging between 2500-7000 points since more than 20 years. We can see the impact of previous big crises on its evolution and prevented it to go break the 7000 threshold. I think that CAC40 is now at a turning point. Does it continue to go up to test 7000 again or fall down? It is quite difficult to have a long-term prediction, specially in this...

evasivesteering Updated 

NEAR broken its yearly trendline (on 4H TF). I think that it is the last L1 crypto that would resist this trendline. Now it will go down quite fast. Targets are $6.8 - $6 - $4. I would add finally $2.4 if you're greedy.

evasivesteering

BTC has been consolidating in a triangle after losing the weekly trendline last week. I think in the next days, BTC/USD pair will revisit $26000. If we trace a Trendbased Fibonacci extension (using three anchor points $69000 - $33000 - $48000), BTC has lost the Fib 0.5 (at $30118) on 11th May. Now it is revisiting this level (see the snapshot below). However,...

evasivesteering

Head & Shoulder (H&S) pattern formed on 30m timeframe. Retest of neckline is on going. I think that it will be rejected (by the neckline) and will loose 10%. Target: $0.29

evasivesteering Updated 

BTC has broken the parallel channel (and so did RSI). It's now back testing the channel. I think that it will go down to 26K-25K to fill the CME gap. I expect also a big pullback once it will be that low.

evasivesteering Updated 

BTC seems to go down more (to $31000 maybe) today. Although 1INCH has been quite strong these days, I think that it would break the downside of the triangle to drop more than 10% the next hours. RSI already break its trendline. Entry when 1H candle close below $1.278.

evasivesteering Updated 

APE is high volatile and loses 50% in just 5 days. But I think the reversal could be very soon because the volume continues decreasing (when prices decreases). I'm using again Bullish Bat pattern to predict the reversal point. I depict also the trendline and support/resistance to guess the next moves of APE.

evasivesteering Updated 

BTC has been consolidated since two days in a triangle and formed a descending pennant. It's just broke this triangle. Moreover, the RSI's broke also its trendline. It's very likely that continuation will be the next step for BTC (after the first leg down on 05th May. I think the next stop is $34400. I think this price is a crucial and possibly a reversal point...

evasivesteering Updated 

SKL formed a diamond and broke it. RSI broke also its trendline. Targets are $0.126 and $0.12

evasivesteering Updated 

I'm using Fib Trend-based Extension and Trendlines to predict a reversal of LUNA at around $122. It needs to go down to see the EMA 220 (1D). This price is a crossing of Fib 0.786 and the upper trendline of the parallel channel. Moreover, volume is continously decreasing since it's started the second rally.

evasivesteering

BTC loses almost 10% today. In correlation with stock, visibly. But market makers are also behind this drop? In any case, a Diving Board is forming for BTC. This pattern was seen in July 2021 and triggered a bullrun season (until November 2021). It is possible that this pattern is forming again for BTC. Let's wait the next a few days to confirm it (BTC should...