Double bottoms are always easy to see in hindsight. Bitcoin too oversold on terrible news. The very fact that it stood and entering the 16k consolidation range is a good indicator. Upside will not be parabolic, but a 20k-21k bounce before the end of the year very likely.
The market rhymes of blood and pushing for one final capitulation.
Shiba may be on the verge of a huge move, last couple months seeing huge positional traders and whales accumulating, scalpers repetitively taking fair value profit, next move will challenge the 1800 resistance and create unprecedented FOMO.
Lots of traders going short because that is what the technicals are showing, perfect grounds to lay a bear trap.
The weekend comes some FUD with Russia ban, Monday will confirm if we continue moving upward. Long term ETH target 1500 USD
Pattern on bear tests in higher formations. A good indicator of intermediate consolidation in order for the Bull to continue.
Ethereum target still on track for 3k. EIP 1559 in July will be next fuel and driver.
This was the move needed for Ethereum to shake out holders for the final move . Ethereum exchange outflow at all time highs, NFT narrative, scale with Optimism, Berlin upgrade, EIP 1559, all plus, plus. Classic shake out. Buy or Wimp out.
The average 3 redline trend being tested. Resistance 1750, 1900, 2000, upper target. 2300. Fractal move.
Hello Traders, The Bull journey has just begun. Any backtracking will be momentary. Next target 1640 USD.
The true trendline on BTCUSD is still in play and THE full blast Bull Run needs to test this support one last time before it can take off and give us a 100k BTC. The true trendline BTC bottom would give a 14-15k USD on a quick wick. In the meantime scalp it on its way down. Happy trading.
Bitcoin has recovered to true trendline, which started in April, 2019 and has been tested many times. Weak hands bust their irrational nut after Black Thursday. BTC has again reared its head to regain its true reveling form. True resistance at 14-15k.
Ethereum these past months seems to just stay the same, but alas this is about to change because crypto does this after long months of people submitting charts that say it will go up. I assure you now, faithful of low quality price followers and seers of charts, Ethereum is about to pop very soon.
As this Binance IEO nears its Mainnet and swapping news, ONE has been well supported in the upper 50 sat range, tightly ascending angle from a 52sat low. Could soon be Green Dildo country.
Its uncanny movement while bitcoin is steady is a warning. Once bitcoin moves upwards again this will be a quick fast bleed downward.
I see this happening within the next two days.