Broke out of a longterm c-fork, first target is top of the descending channel. Breakout of the channel has a measured move to $22. RSI has bullish divergence.
ETHBTC has been in a range for one and a half year. Current price action is bullish and a retest of the range resistance is possible. Breakout of the range will double ETH performance over BTC. Currently ETHBTC bounced of midrange support and retested the downward trendline it broke out of. Similarly weekly RSI broke out of its descending trendline and retested...
A 6 month range is being broken. A successful break will send price to 2.47 then to test the falling widening wedge. CCI is in an uptrend.
DXY is printing an ABC correction after getting rejected from the longterm channel's resistance. DXY has printed the B leg after getting rejected by the 0.5 fib extension confluent with the 0.236 fib. The measured move of the C leg is 108. The CCI is in a downward trend. BTC is correlating negatively with DXY and ABC correction will reach 21k on BTC. The same...
BTC printed a sick Darth Maul that filled the length of the descending channel. Darth Mauls are bullish, market makers stop hunt longs before marking up the price to stop hunt shorts. Price broke out of the descending channel which has a measured move around 20.5k. Elon was right.
The Ukrainian Hryvnia has traded in a range around $40 for the last 3 month. It is expected the Hryvnia will retest support of the range at $38.88. Afterwards there should be a breakout of the range in either direction, but the trend is upward and at the moment and a breakout in the upward direction is expected.
This chart of BTC over XAU which I made 2 years ago. we can see that the CCI broke out of its falling wedge. breakout from the descending channel will send it to 22.9 equivalent to 43k on BTC.
The total market cap has double bottomed on the daily reflecting a possible change in long term trend. Currently the index is within a falling wedge and will probably breakout upward. The RSI paints heavy bullish divergence and is uptrending. Upward break of falling wedge will raise the market cap to 1.05 trillion. Arrows indicate possible target if bull trend...
BTC price has been in a range since mid August. BTC attempted to breakout early September but failed. Currently BTC printed a falling widening wedge and a diamond reversal both patterns are bullish reversal patterns. Breakouts will drive price to the measured moves of the patterns at around 21.5k. The RSI is an upward trend after breaking out from a descending...
At least by looking at the confluence points of major channels and range supports and resistances. We can see there are four confluence points, two around the end of September. One around mid October and the last at the end of December. These confluence points match confluence points on another of my studies and point to possibly reaching 31k end of September and...
Link bounced off range support after dropping from a rising wedge and apparently will challenge the Ichimoku cloud. A twist in the cloud can help the price move past resistance to test the range top at $9.54. RSI has formed an upward trend.
BTC.d-100, the inverse of BTC.d, is at resistance of a bull flag and about to breakout. Breakout of the range will make BTC lose 20% of total market cap, in what can only be a mini ALTS season. If it doesn't breakout then the other scenario is a strengthening in BTC's share of the market maybe by collapse of the total market with traders selling their ALTs for BTC.
I used a curves that follow a set of rules to produce lines of support and resistance and confluence points. It is a derivation of the fib circles but the goal to capture more pivot points per curve. Currently price sits on a support curve, the RSI shows bullish divergence and is squeezing against the long term downward trendline. A break out is expected which...
I fitted a fib channel that seems to capture a lot of pivot points. Price action on the weekly can print a falling wedge. We might get a bull trap pump like in December 2019 followed by a black swan event at the end of year. This idea follows a previous idea i proposed in January. RSI is in a downward trend and will breakout making everyone believe we found...
What can explain ETH behavior is a widening wedge that I spotted. But this is on the log scale and the possibility of it hitting the lower support again at $300 is low. A better interpretation is the two descending channels. We can see that price broke out of the steep descending channel and now retesting it. An obvious price target after the retest, is the the...
Breakout from the diagonal downward trendline lends to a potential bart up. Similar price action to the 27th of July but with a more extensive base being build. This is still technically a bear flag, but the breakout of the longterm falling wedge should give an upward momentum.
BVOL is squeezing lending for a spike in volatility. Two outcome from this big move is a bart up to the next Mayer band at 33k or Dump to 12k. The lower target is extrapolated from the Myers band and a parallel line to the log curve. However note that the price is at the historical support of the log curve and price never went below it. But never say...
I am cautiously optimistic that link will resume its upward trend. Break of the upward channel will send link to the $18's territories. Link broke out of a long term falling wedge who's first target is $13.4. RSI is on support and price is on the ichimoku support lending for a potential bounce. In my January LINK.d idea I predicted a drop in Link, but it has...