💹 Let's delve into the popular Telegram coin once again, which we've previously discussed and analyzed for spot buying in this channel over the past weeks, to see what awaits us. 🚀 This coin, backed by the world's most popular messaging app, Telegram, has seen significant growth in recent weeks and has reached the targets mentioned in previous analyses....
Trend - On the weekly chart: Clearly showing an uptrend. - The uptrend channel has extended 100% and is expected to return to the middle line at least, with a chance of reaching the lower band of the original channel. 100% Symmetrical Projection: Uptrend “N” Patterns - A 100% Symmetrical Projection of the initial swing (from A to B) and then projected...
Trend - On the weekly chart: Still within the large uptrend channel since January 2023. - On the daily chart: The minor uptrend channel since October 2023 was broken with moderate volume. - Although the long-term uptrend remains intact, the short-term momentum may be pausing. 100% Symmetrical Projection: Uptrend “N” Patterns - There are two price...
Bitcoin may look pretty bullish, but do not get distracted. The price is forming a bearish distribution pattern inside a bearish parallel channel, as you can see on the chart. Right now, the odds are in favor of another crash. I am not saying this only because of the price action, but also because of the Elliott wave theory: as per my wave count, I am expecting...
Bitcoin is definitely ready to go higher, and it's a really good time to buy the dip after the previous crash! We can see that the price is making higher lows on the daily chart, which is a strong sign of an uptrend. The price is currently still inside this symmetrical triangle, so we are waiting for an explosive move, probably to the upside. The trend is your...
Ethereum is still very bullish, so there is no reason to expect lower prices at this moment. We can see that the price broke out of this ascending parallel channel and retested it. Usually you want to wait for a retest and then enter a long position, which is happening right now! You can place your stop loss below the previous swing low (inside the ascending...
Trend -- The price has surpassed the healthy channel from the end of 2022. -- It is possible that the momentum move is nearing its end and entering an overbought zone. 100% Symmetrical Projection: Uptrend "N" Patterns There are two "N" Patterns: a Large Purple N and a Small Orange N. N Pattern's Target Price & Fibonacci Price Cluster -- The target...
Corrections both lasted almost a perfect year. People are beginning to accept the 4 year cycle based on the halvening. 3 years of bullish action, 1 year of bearish correction. If the top trend line remains valid into the next bull run, there is a case for a 240k coin. This would land the price action somewhere between the 2.618 and 3.618 fib extension. ...
Hello EURUSD traders! Today, we're seeing a modest rebound in EURUSD to 1.0777, but it's still wrapped in the characteristics of a downward trend. Analysis of the charts indicates a continued decline as it breaks away from an ascending trendline. Furthermore, the convergence of the EMA 34 and 89 seems to favor the sellers. According to Dow Theory, this pair is...
Filecoin on the Weekly Timeframe: FIL broke out of it's macro downtrend back in October. It has broken the 20 and 50 Simple Moving Average It currently has a candle open above the 100 Simple Moving Average FIL could be a big mover in this bull market, without having to come close to ATH. This could be a 15x or better to reach the .236 extension. Not...
Hi, everyone! Long time no see.. as i expected there's no severe recession ahead until 2026, just a few banks and tech startup companies collapsed but not causing a crazy global economic fraud like in 2008... this time is much more like 1999-2003 dotcom bubble, yes economic activity might be a little bit struggling, but not as insane as 1929 or 2008 I think...
Trading Bitcoin doesn't have to be hard. With proper food, we can increase the probability of our trades. There is no secret that a large part of the Bitcoin community is on a carnivore diet (a meat-based diet). They believe meat, especially red fatty meat, is essential for human health and brain function as it contains hundreds of yet-undiscovered vitamins that...
Technical analysis GMT is one of the most promising coins to hold for the next few days and weeks. We can see that the price has been stuck in this rectangular trading range for almost 4 months. Now the price is ready for a massive breakout! It's good to buy GMT now, as pullbacks will probably not be available. My Elliott Wave count suggests that we are now...
FOREXCOM:XAUUSD had a fairly decent rally last week running into the 1.27% extension Butterfly level of 2192. Now i'm looking for a retracement to Buy looking for the next move higher towards 2250 where we have 2 1.618% EXT levels to watch. Wednesday we do have the US Interest Rate decision which will move the market some more, so until then there might be...
Solana Price Analysis: Bulls Eye $230, $395, and $850 Targets Introduction Solana (SOL) is a high-performance blockchain that has seen rapid growth in recent years. The SOL token has reached new all-time highs in 2021, and many analysts believe that it has the potential to continue to grow in the years to come. In this article, we will take a look at the...
FX:EURUSD is testing the support of the range formed inside the bearish trend. There is resistance pressure in the market. Bostic ( Fed ) stated that he now expects only one interest rate cut this year, thus this comment can be read as a hawkish attitude of the regulator. Bostic is often aggressive in his comments after Powell's speech The dollar index are in...
Technical analysis GRT looks extremely good on the weekly chart. We can see that the downtrend ended on a breakout of the red trendline, and since then, the price has been going upward. I believe this coin will 10x in 2024 if you buy it at the current price. We should hit an all-time high in 2024, and in 2025, this coin will continue in the price discovery! Put...