As you can see bitcoin has been making impulsive elliott waves (1,2,3,4,5) but i think impulse 5 is not over yet and it still has room to the 1.618 fib extension level made out of the first wave. If that is the case we can see bitcoin hiting 34k soon with a final impulsive wave 5 before retarcing again with a short correction elliott wave before going up again to...
The daily level confluences with the golden gap or CC of the .618 and .66 fib levels that will be a very strong support for our entry to targer the above weekly and monthly levels. I think it will be reclaiming the above daily levels before retracing to our entry. Setup as follow: Entry: 8.228 SL: 8.094 TP: 10.894
Avax has lately made a LH HL downtrend pattern and heading to the daily level which is a major support and confluence with .618 fib retracement. My thoughts are as following: Would lile to see an SFP of the daily level and a reclaim of the that level. A possible long setup may then be opened as follow after reclaiming the DAILY level Entry 12.3 tp 13.4 sl 12
A reversed H&S on the Daily time frame. Would wait to take over the weekly level first after being a strong resistance than take it as a support before opening a long position. My setup would be as follow: long at 5.5 with a TP 6.9 with a SL 5. That if it manages to breaks up the resistance and take it as support. More time is needed to validate this setup but it...
FTM looks bearish on the short term, bullish on the mid term. FTM could retest it's major support at 0.92-0.95 as shown on the chart. Daily RSI did not manage to break the downtrend nor the price did amd now heading to the bottom of the trend. My thoughts are FTM will revisit 1-0.9 area bounce to 2.00 and breaking the downtrend as long as daily RSI manage to...
On my previous analysis on btc a week ago or so (you can check it in my profile) Btc will pump from 38k to 45k before being rejected and going back inside the ascending triangle to find support on its base before bouncing to 45k again and break the resistance. Daily rsi as shown did break its resistance. My thoughts are daily rsi will bounce back and finds support...
Gala did not break its uptrend since listing on binance and has found support on the green line as shown in the chart. Its major support is between 0.146 and 0.155 At this point the uptrend seems to hold very well would open a long position once retest is confirmed targeting 0.3 level. My thoughts: Gala will retest the trend line (green) with a small correction to...
Vra seems very bullish, it already broke it's downtrend, bounced from it's major support level at 0.018 and accumulated for several weeks, now it looks ready to break the itchimoku cloud after bouncing one more time from it's support and breaking the triangle pattern. Would love to see your comments down below.
Major support and buying zone 0.9 and 0.95. Ftm still looks bearish and did not break the downtrend. I think FTM will continue its downtrend till it reaches its major support at 0.92 before bouncing back and entering the accumulation zone with lower highs specialy the ichimoku cloud is still far away to be broken. Would love to see your comments down below.
Major support and buying zone 0.9 and 0.95. Ftm still looks bearish and did not break the downtrend. I think FTM will continue its downtrend till it reaches its major support at 0.92 before bouncing back and entering the accumulation zone with lower highs specially the ichimoku cloud is still far away to be broken.
Solana is now sitting on a major support zone and been consolidating for quite a time now. If that support holds we could see sol hitting 99 before rebounding to 133. If that support doesn't hold sol next major support is at 60 specially with all the bad news coming from around the world. March will be a difficult time for crypto we ll just have to wait and see.
Mana is at a relatively good support zone at 2.3. It might rebound to the top of the triangle before going down again as it might fall to 1.68 which is a very strong support zone. Due to geopolitical bad news, war, fed's interest rate coming this month and Biden new regulations for crypto that might come up this week, we might see Mana at 1.68. This might be one...
Bitcoin is somehow forming an ascending triangle with a major resistant level between 44500 and 46000. Support levels are currently 37800 and 35000 ( support is variant with time since it is an ascending pattern). I think btc will be rejected again from the major resisntant zones specially with the bad geopolitical news, russian invasion and the fed's interest...
Bitcoin is somehow forming an ascending triangle with a major resistant level between 44500 and 46000. Support levels are currently 37800 and 35000 ( support is variant with time since it is an ascending pattern). I think btc is following the first ascending pattern, will be rejected again from the major resisntant zones specially with the bad geopolitical news,...