Hello traders, welcome to my analysis. I tried to visualize every move on the chart itself and give perspective to the next probable move. as you can see price is respecting key levels around daily MA-200 and the MACD provides good momentum indication showing end of each phase. please share what you think.
Hey traders, welcome! currently the market has been range bound with little volatility. However this may soon change with some news and macro economy data coming out. BTC's recent upward momentom has came to a halt and we might see a further correction testing lower levels. As you may agree sth like a H&S pattern is formed on daily with a target of roughly...
ETH support and resistance shown; shorting can be logical upon rejection from R2. #CastilloTrades @CastilloTrading
Hi. I think we might see some correction for BTC in the coming days. I guess BTC will test the previous support at 32k-34k which is the bottom of downward channel. Do you agree with me?
Hello traders and HODLERs and welcome to my Analysis. I noticed something really interesting developing in BTC's descending channel. a series of lower lows are intercepted and a higher low has appeared on this 4H time frame. BTC has created a beautiful W (double bottom) pattern and has already closed a 4H candle above the neckline. The price target of this W...
Hello traders and holders; Welcome to this analysis about ETC (Ethereum Classic). As you can see on this log chart the price has been consolidating between strong resistance and supports for months. This has led to the formation of a huge bull-flag pattern with apex approaching in mid-late December. Also notice that weekly RSI has been almost stationary since its...
Hello traders and HODL-ers and welcome to my analysis. Ve-Chain chart shows some movement might be ahead. As you can see this symmetric triangle or flag pattern has taken weeks to complete and now it is on the cusp of breaking point. I have marked possible price targets with the lengths of the arrows and the fib-level; which, if happens could be a 4x (the arrow)...
Hi all. Today we have a huge red candle for BTC and even bigger ones for the rest of the crypto; Not everyone is bullish but whenever this happens I try to zoom out and see the broader picture. I see a huge falling and condensing wedge is forming on the 1-D chart which if remains valid has the price targets into mid 50k! The bottom of this wedge also coincides...
Hi all and welcome to this analysis on SOL-USDT; this is the 4H chart and we see that SOL price is being firmly consolidating in a triangle; I think this could go either way, but I think can upward movement is more likely. The pattern we see here is similar to a bull flag, also the price has recently sprung back strongly from the 0.38 Fib ratio level...
Hi and welcome to this Analysis on ETH on the 1 H chart. Following its massive rally all the way from 1700$ to 3300$, ETH has entered a range-bound period at 3000-3350 $ area. With 3350 $ being a tough resistance, ETH has failed to break it and has formed several peaks under that value. Thus, forming sth like an inverted cup-handle on this 1 H chart that can be a...
Hello and welcome to this analysis on Bitcoin. As I noticed in the 4H chart, a falling wedge is clearly visible which is usually a good sign of a bullish move to come. The target of a falling wedge is usually top of the wedge but I guess BTC can move further with a little bit of consolidation before a second leg up; should be an interesting move to com. let's see...
Hi. welcome to this Analysis on ADA on 4h. ADA has been running with high bullish momentum recently, taking back its support line which was turned into resistance before. But now it is locked in a sharp rising wedge, should it break a fall to lower support lines is likely. Nevertheless I am extremely bullish and looking forward to higher values of ADA. A fall...
ETC is moving in a downward wedge. The coin has recently had strong support at around 46.5 $ so a bounce up is likely if this support still holds.
BTC is following a downward triangle, however formation of an inverted Head and shoulder may help it back up to retest the 30s and maybe 31-32; on the other hand break down of the triangle floor could push the price down towards 27-28.
ETC is in a descending channel, approaching an important support zone; a breakout to either side could be a good starting position. If it breaks upward long it upon a bounce up from the support zone. Go short if it drops below the support area.
I guess maybe BTC is forming a cup and handle? If so we will be in the 50s in August and back to ATH in Sep; However, Its crucial that the 30K support holds. Do you agree?
Hi trading community, this is my first ever idea on Trading view and I am so excited about it; I looked at the 4h time frame and witnessed a clear symmetrical triangular pattern on the chart. It looks as if it will be a good buy position. Pls support me; I'd love to see your comments and ideas and I'm looking forward to learn more from the experienced analyzer...