SOL is currently forming lower highs and lower lows, this is a bullish falling wedge pattern. Considering BTC can stabilize or break $39k resistance we can see SOL and alts alike make more moves upwards. Watch for a candle to close above the resistance line for SOL or catch it at the support level . Please refer to my previous post for my view on BTC in order to...
BTC, crypto and global markets give a good bounce in the last 24 hours after Biden's conference last night, as well as no more negative news from the Russia/Ukraine crisis. Must watch the crisis very closes as any news will affect BTC price. FED interest rate is another factor that can create speculation in the market. On chart we can see BTC broke the downtrend...
BTC has been bearish over the last week or so, but why? On the chart you can see I've attached a photo of a double top pattern, which is exactly what BTC has formed and played out the last couple of days. There's not much to say about this pattern as it's self explanatory. Looking at patterns is a really good way to predict future price movement as you can see...
NAV is a low cap coin, rank 950 and only has BTC pair. Price is essentially at its all time low, its a privacy coin. Although this looks like a shit coin, a big jump is due according to chart, we can target a 600-900 satoshi jump if it does. Their team is still active on twitter and RSI is showing a bullish divergence. Only buy with small part as the risk comes...
BTC is trading in a range, we are seeing some volatility in the market due to Fed meetings and the Russia/Ukraine drama. However Ukraine announced legalization of Bitcoin there, news is just coming out now for that. BTC.D is also dropping which indicates alts are holding their price better, as BTC is dropping more then alts. Will be good to pick alts for a swing...
As I said yesterday in a post, BTC has corrected following a similar pattern from last year as indicated, I think we can expect a little more consolidation before we can see BTC move to $47k. As I said yesterday $42k will create opportunities for entries and thats what I've done. Remember to DCA in the event of a further crash, apply risk management. Short term...
EOS is currently at the bottom in its BTC pair, although it is up in the last week 35% in its usdt pair, EOS has a very good roadmap with lots of updates throughout this year making it a good choice for positional traders. EOS on D1 chart also in falling wedge treading below the resistance line. Consider buying EOS in a dip between $2-2.3. Or if D1 candle closes...
BTC give RSI and falling wedge breakout and makes bullish jump, it seems to hit a resistance line at the neckline for a H&S pattern on the D1 chart. Last time BTC breakout RSI it went up, corrected and went up again as indicated by the red and blue boxes from August last year. I expect BTC to bounce off the support line, maybe consolidate a bit while liquidity...
2 days ago on Feb 6 I shared an analysis showing BTC is forming a bullish rectangle, now its Feb 8 and it has played out perfectly, it entered my book profit zone perfectly which was a 6-7% swing trade. I hope those that saw my analysis on Feb 6 enter this trade. Will be posting more analysis soon, but I expect BTC to be bearish now. Trade safely
BTC seems to be forming a bullish rectangle on the H4 chart, I will attach a photo in a comment below for reference. I have drawn out a couple lines for entries, sl and tp if this bullish flag plays out. Bullish flag breakout generally moves the same ammount as the move before, in this case BTC jumped about 8%, so therefore we can expect another 8% jump if the H4...
DENT finally makes a breakout and jumps 25% after bouncing from support zone.
Analysis: BTC bounced off RSI support and is now at a resistance level, ETH and global markets like DOW also jump and showing strength. If BTC hold this level and give breakout many alts will jump 20-25% in the next 2 weeks. Reason for todays bounce back could be Amazons announcement of their Q4 earnings, making their stock rise 17% a day after META dropped, the...
Log chart: BTC could have a potential pattern on the log chart where the price goes above resistance (green zone), then a drop below (red zone) then back aboce the line again (green zone). Its formed this pattern twice before and we could be in it a third time. If we are that makes us bullish as it will go above the resistance line now. Really curious to see how...
BTC managed to reach $39.2k but wasnt able to break and dropped, Meta (Facebook parent company) stock dropped 25% today (last 24hrs), due to a poor Q1 report from them, which is the reason for todays weakness. Global market is also showing weakness. According to chart, BTC is still stuck in the downtrend (falling wedge), this pattern needs to be broken and will...
kBTC currently at a support line on linear as is technically on two support lines on log chart. Im still bullish for $40k next major resistances after that is the D1 orderblock sitting around $46-47k. Global markets green at the moment of writing, im bullish
Managed to do almost 40% in spot from my entry, and shot up since my last update about it a couple hours ago:)
Strax went up 14% in spot from my entry, glad I caught this just 2/3 days ago. Looking for small correction/accumulation but I'm still long on STRAX.
Heres the reference linear chart to my previous post