After 4 attempts to break the trendline and failing i anticipate that EUR/JPY will drop to 140.970 after breaking and retesting 143.225.
we an see bitcoin has aggressively broke the $18,750 weekly support line, i believe bitcoin may comeback to retest that area and continue the bearish trend to $11,972 area
Just by looking at the chart, we can see that bitcoin is stuck in a channel.. a head and shoulders pattern was formed on the weekly timeframe, price broke the neckline and is coming back to retest it so i believe 41447 to watch, as a retest of the neckline could potentially push the bitcoin price down, but if price manages to break 41447 i believe that bitcoin...
Bitcoin is in the process of forming a double bottom which can indicate a bullish momentum, the double bottom chart pattern happens to be forming just under a respected trendline this could potentially be a reason to open a position after a breakout and a retest of course. but if bitcoin continues to remain bearish I would expect it to break the trendline below on...
Doge has broken out of a wedge pattern, and I believe a retest of the broken wedge pattern will result in a huge bearish momentum.
my take on bitcoin at this moment in time, if I see price rejecting around blue support and resistance zone I will be looking at buying opportunities but if the price manages to break the purple trendline I will be bearish bitcoin and see what it does when it reaches the bottom of the channel.
the analysis is self-explanatory, we can see the price has broken resistance and tested it as new support, and that same area happens to be in line with the 38% fib retracement, if the price manages to hold this position on a weekly candle close then I believe we could see a higher ETH possible reaching 6000+...
SHIB has shown an ascending flag pattern, which in my opinion is a continuation pattern so I believe SHIB is on verge of an outbreak that can possibly take it back to all-time highs, it seems I'm very bullish with all the cryptos for now.
doge is on the verge of a significant bull run, a clear breakout of this trend line will expose doge to the other key levels which are shown in this analysis, what are your opinions on doge?
ETH is close to breaking out of a trendline, I believe a breakout will cause it to significantly shoot up in price
inverse head and shoulder pattern spotted on BTC, i believe a breakout of the neckline on a 4hr/2hr timeframe will push price to bitcoins all-time high again or even higher
after the rejection of the 50% fib and a break of a trendline resistance which was tested as new support I strongly believe Ethereum is on its way up to 4828, or could potentially exceed that high.
I feel like my analysis is self-explanatory but just in case you don't understand u am bullish Shib for a buy and believe now is the best time for an early entry
Hi traders, I believe XRP is very bullish after many confluences, comment below your opinion
I believe after a breakout of the wedge and a retest and area of confluence DOGE coin is on its way back up now would be the best time to buy in my opinion
my analysis suggests that bitcoin is on its way up to the $100,000 mark, rejection of the 61.8% fib retracement we had back in May, June, and July suggest that bitcoin is bullish
price broke the trend line and retested it as new resistance, in my opinion i can see GBP/USD being bearish from here, if we see a continuation upwards then i would suspect bearish momentum around 1.37186
GJ rejected the 50% fib several times last week, i believe that we will see a temporary bearish GJ during this week before pushing even higher.