ONE/USDT did provide a clear double top with huge impluse. The chart doesn't look solid on weekly, but could test its resistance couple more times. I expect it to go either sideways or provide a correction and then sideways, to lose all bear power, and then it should collapse very quickly down to support area. There is also a huge possibility to have a MACD...
PYPL (PayPal) is at the bottom of monthly correction and from here I expect it to bounce to at least 0.382 fib, or even to 0.5 fib. However I expect it to go sideways till at least February 10 to complete a small monthly candle. We can expect turnaround in February-March, but we will see how support holds the price. The best entry will be at trendline breakout,...
OMG/USDT is about to bounce up and probably complete 'M' pattern. The key levels are 0.382 and 0.5 fib. I expect it to rise at least to 0.382, giving very strong chances to go to 0.5, but the time will show.
GALA is about to break trend line and create a new impulse with possible ATH. Best trading entry is after breaking trend line and possible retest of support, however it might explode with big impulse. MACD shows very nice rejection on daily which definitely gives possibilities to continue the bullish trend. Please DON'T LIKE and DON'T FOLLOW me if you don't...
SNX has entered its bearish trend breaking some important support zones. At the moment I expect it to bounce up to $9 and complete 'M' pattern. A good trade could be taken on trend line breakout. We see how price will react to first resistance at around $7.2. Mid/Long term I don't see it breaking its ATH, to me the best 'bullish' scenario is being in a range...
BTC/USD has been in a range for quite a long time, finding its support at the range of $48k. I think it is about to bounce back up to complete right shoulder of possible Head and shoulders pattern. I expect it to go down once again to take all stop losses of long traders and then bounce up to $53,500 - $56500 range to complete 'M' pattern and then collapse down...
NIO inc. a Chinese electromotive company is about to grow immensely. It almost finished its correction since january 2021. Best opportuniny to long term invest after squeezing this trendline and breaking it. The price should go to at least all time high price. NIO capitalization at the moment (November 10, 2021) is 67 bil, there's plenty of room to make x10 at least!
Chinese 'Tesla' NIO failed to break through. I was expecting NIO to break the trendline and to explode to new all time high, but it failed. At the moment there is a chance to complete an 'M pattern, probably take short SL hunt and touch a trendline one again, but the momentum is weak, price is about to crash down. The very least and bullish option what I expect...
ETH/USDT did a false breakup (stop loss hunt) after which it returned back to it's resistance zone. Pay attention to these movements. They happen on any asset. This is a good confirmation of a strategy. All big movements happen after SL hunt, regardless up or down. To me these structures are good confirmation for shorting with predefined stop loss. And as usual...
ETH/USDT did exactly how I was expecting in my previous analysis. It did bounce from its support but as we know ETH is very weak, so it keeps dropping. I expect it to go sideways a little bit and then retest $3500 zone. We'll see how it holds. Anyway I expect this week candle to close RED, I'm very bearish on ETH/USDT. And as usual - please DON'T LIKE and...
Apple is about to hit tremendous $3 trillion ($3,000,000,000,000 just look at that number!!!) market cap. The stocks are overbought on there's too much hype of Apple products, which are way too overvalued. The problem is not that it is overvalued by Apple company, it's ok, they define the price what they want. The problem is that it is overvalued by shareholders,...
In this idea I want to point out some very important levels on ETH/USD pair. We just closed daily candle below strong support of $4000, which means it has just turned to very strong daily resistance. If week closes below $3800, it automatically becomes weekly resistance. That means that it will take days/weeks to break it in case we're bullish, which we're...
ETHUSDT is facing very strong resistance. I expect it to go back to its support and bounce from there. We will see how support holds, if we have a proper bounce back to keep Ethereum in range for couple of time. And as usual - please DON'T LIKE and DON'T FOLLOW me if you don't like my idea :)
Litecoin was a good coin, fighting for its place in top10 of all crypto coins for couple a long time. Now new technologies do much more hype than old known coins. As to technical analysis LTC/USDT did clear double top with not enough momentum to keep rising. Taking in mind the absence of usage for this particular coin, it will slowly fade in the market, making...
XRP broke down very important support level and now is going to test next support at around $0.50. There's a chance it could bounce from there and complete 'M' pattern, after which the door down to $0.20 - $0.25 is wide open, although it looks horrible weak on weekly chart and starting collapsing on monthly. The main point is the monthly candle has just started...
BNB is overbought and is weak. Double top is definitely not a good sign. On weekly it is facing huge resistance and is about to close red. I don't think it will be able to break current resistance without proper correction. I expect it to start its correction and slowly going towards $415 support and after bounce back, completing 'M' pattern, there's a door open...
ETH/USD looks very weak at weekly chart, having enourmous rejection at $4500. MACD looks weak too, there's a small divergence on weekly chart which is a sign of weak bulls. I expect ETH to retest $4400 zone in next week candle. After very possible another rejection I expect it to collapse down to $2800, where it definitely finds some support. The possible fall...
Most of you can say this is a classic Wyckoff accumulation with the last shakeout spring, but it seems to be not. Main reasons are that on 3d timeframe ICP looks very weak, this is not how spring usually looks. I expect ICP to go sideways, maybe test its resistance and then go down to $11 or even less.