PalenTrade

PalenTrade

I think this baby is going to take off look at the symmetrical dips which has just got smaller and smaller as buying accelerates. Let's hope Btc stays chill Nothing else to add here -Jebu

PalenTrade Updated 

Hello! I'd say it is a great opportunity to buy Ethereum once again. (Long-term) I have shown this Monthly head and shoulders already ones in November. I think many have missed this but it doesn't matter. We haven't! ;) Now we have had a nice pullback against BTC and we are on this strong monthly support. I think soon we are ready to rumble. We still might...

PalenTrade Updated 

Hello! Litecoin has finally broke its 616 day long wedge pattern against bitcoin. I think this baby will fly. Look where dogecoin is, which is a meme, a joke made out of litecoin or whatever! We broke the 50ema (red arrows) and The vertical resistance box where price has had resistance which shows bullish rotation If we break the 200ema and turn it...

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Hello! Balancer is showing some strenght against Bitcoin, like Bnb and Eth right now. -Possible move close to 40% -Risk/Reward around 7 What I want to see is that marked resistance turned to support. If we get a pullback to it, it is possible to get a splendig entry with even bettter R/R If you like my analysis give a like! AND If you do take...

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Hey! Possible similar price action as we saw with Fantom analysis just yesterday. Breakout and throwback. We did already open a trade for this but from ~$22 - $21 level is where we might get a great throwback entry with an awesome risk/reward ratio. We can see how the box area has worked as resistance , and if we pullback that is the alleged support...

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Hello lovely people! Long time no see! Here we have possible Fantom breakout movement upwards. - Nice looking Bull flag. - Potential 100% move. - Beautiful 63 day consolidation. - After touching that weekly 20Ema (Yellow) bulls clearly took the lead I still want to see that vertical resistance ( 2nd confirmation ) around 0,55 - 0,60 cent break out and ...

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Hello! This is continuation from my previous analysis Bitcoin Dominance . We did go take some more speed and we are back with recharged batteries. Orange trendline has worked as a resistance and I'm interested to see when it breaks. We have now tested it 4 times. The more times trendlines (supports or resistances) are hit the more probably it will break....

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Hello! Here we have Grt/Btc once again. We can see from RSI vertical support line the 20 EMA bounces marked as red Fourth time a charm or break downwards? On RSI we can see similar price action like we did on previous break. The Graph did come out on 17th of December 2020 but they have been working and helping others in the field much longer than...

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Hello! Here we can see ETH/BTC. Orange trending line shows the price suppression trend and Red Circles how many times we have tested it. (More times tested = more likely price will break) We did already break it on 6th try on RSI and price action so the trend has already "basically" been broken. We did come to 0,033 - 0,034 support levels which I...

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Hello! If we get a break out from this Red resistance line and 200 EMA and stay on top of it, I believe we will get more space for Bitcoin and alts are going to bleed more against Btc temporarily. We can also break from this short term support on RSI and take some speed little lower. Maybe from EMAs Let's see what happens Jebu

PalenTrade Updated 

Hello! Here we have a nice looking (1 hour) Bitcoin pattern rising wedge which is actually a bearish pattern, but on a bull trends these can break upwards like we have seen with Btc and Eth before. I am looking for a small bear move before going upwards and breaking that upper resistance where we have hit several times and even made new highs today. Or if we...

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Hello! Possible breakout on THORchain if Btc stays chill and alts stay bull. Price and RSI has tested this supressing resistance line already a few times. We did get a break out on RSI. We still need to go threw that 50EMA (Brown line) and close on top. Like we can see 200EMA (red line) and previous structure worked as support. Small volume also...

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Hello! Here we have a Bitcoin Dominance chart on 4 hour timeframe. What we can find from the picture: I have marked some with Red Circles . There is a bullish divergence on RSI (orange lines) shown on 4hr and also on daily chart. Which tells us that a possibly trend change could be close by. We did test the 200 Ema (red line) 2 times already...

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Hello! Platinum looking really bullish. We got here a beatiful higher low pattern and a vertical line which has worked as resistance. This resistance has been tested 4 times. What I have seen usually 5th or 6th time does it. Also RSI has already broke it's own the resistance line and used it even as a support. This gives me a strong bullish view. Platinums...

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Hello! Here we can see Bitcoin on left picture and Ethereum on the right. I guess Ethereum (alts) are taking over again atleast for little while.. Before today I though that Bitcoin Dominace would have turned (analysis earlier) but it seems alts got an upperhand for now.. Maybe Bitcoin needs to go get some more momentum possibly from previous structure, 20...

PalenTrade Updated 

Hello. Bitcoin Dominance on a support.. Bitcoin is looking pretty good and just trying to break out from an nice higher lows trading pattern. (added picture) Many alts are looking really good too. Link, Eth, Grt.. (ATHs) Curious to see how we keep moving from here, cause I feel like I don't have a clue ;) 3 scenarios which I see possible: -Bitcoin takes...

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Hello! Will we do the same movement we did 3 times already with RSI or break down? Here we have chart (4hr) on Ethereum against US dollar where we can see that the All time high (around 1430) has been hit 3 times already. If we get a fourth time I think we might be able to break it and go for the first target and possibly through other resistance line...

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Hello! Here is a chart on Crypto Total Market Cap 2. I am not actually going to speak about the chart, more about fundamentals which I see right now. I think it is time for the crypto markets to go kaboom upwards. (like they wouldn't have yet..) (Bitcoin) Gamestop fighting. People against hedgefunds, Robinhood closing buy possibilities to the stock. This all...