CryptoGuru369

CryptoGuru369

$BTC looking bullish as long as it is closing dailies above the support zone around $47,650. If price loses support at $47,650, then I would be looking for a move down to the next support zone around the mid $40K area. A pullback to this zone could present a great buy opportunity before another leg up! $BTC is possibly working on printing five/six drives of...

CryptoGuru369

$AMZN has been in a strong daily downtrend and is printing a large H&S pattern. A break below the neckline will like lead to much downside. The measured move for this H&S pattern takes price down to $2,600, an almost 20% decline in value.

CryptoGuru369

$ARRR has been consolidating between the 0.5 ($1.91) and 0.382 ($3.03) Fibonacci retracements. We are seeing very strong support around $1.91. I would be looking to be a buyer around that zone. On the bullish side, we can see three drives bullish divergence on RSI showing which shows us that the bulls are gaining strength, thus increasing the chances for some...

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We can see that $DERO has been on one hell of a bull run, but is showing signs of losing strength. On the daily, $DERO has been making higher highs and higher lows, but the recent highs are moderately higher showing a loss of momentum. We can see the top side of rising wedge, in confluence with the 2.618 Fibonacci extension, are acting as resistance. This is a...

CryptoGuru369 Updated 

We can see that HEX has been consolidating in this triangle formation for a few weeks after a healthy bull run. I suspect we'll break this consolidation to the upside and see a new ATH in coming weeks.

CryptoGuru369

Silver is in a daily downtrend making lower lows and lower highs and has recently broke below strong support. Simple chart showing horizontal support/resistance zones. Silver is currently at a resistance zone . If the bulls cannot reclaim $22.85, then price will likely come back down to support around $21.50.

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Triangle within a triangle. Triangle formation on RSI. Volatility is low and looking to expand. Setup for a nice upside or downside move.

CryptoGuru369

$WOO broke out of a long-term consolidation. It looks like $WOO will see a pullback around $1.00, some consolidation, then possible continuation on the the 1.272 at $1.50.

CryptoGuru369

We can see that $BTC is in a strong downtrend making lower highs and lower lows. Additionally, $BTC is forming a Descending Triangle which has a higher chance of breaking down, which would be trend continuation. If price was to get a bounce from here, it could present a nice short entry.

CryptoGuru369

$BTC is in a downtrend on the weekly, daily, and 4H time frames suggesting more downside to come. If $BTC breaks down from this Descending Triangle formation, the measured move would take price down to $37,500. From there, over the course of the next couple/few weeks, I believe we would see further continuation down to the low $30K range, then a nice bounce. I...

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We can see that $PPT is in world of pain today and the threat of confirming a weekly downtrend is getting higher and higher as each hour passes. If $PPT closes a weekly candle below the last weekly low at $1.3824, then the weekly downtrend will be confirmed. This is bearish for long term price action. Reviewing price action from recent days, we can see that just...

CryptoGuru369

Top side of Bollinger Band is coming in right around $44,000. A close above BB suggests upside continuation. A close below BB suggests downside. We will have the quarterly candle closure on 9/30/2021. Can't wait!

CryptoGuru369

$WOO is currently consolidating above the 382 Fibonacci and just below the local POC. $WOO looks like it is preparing to for a nice upside move.

CryptoGuru369

$AVAX looking strong for a breakout to a new ATH if it can hold mid range. The measured move for the triangle breakout would be around $64.00 confluent with the 1.618 Fibonacci extension.

CryptoGuru369

If WOO can hold support at $0.50, then I suspect we'll see a breakout from the triangle formation. The 1.618 Fibonacci extension would bring price to $1.85. That would be a 157% increase from current prices. Closing daily candles above $0.73 would make things look more immediately bullish.

CryptoGuru369 Updated 

$ADA is in a strong down trend making lower highs and lower lows. We can also see a potential descending triangle formation, which is typically results in bearish continuation to the downside. $ADA is currently sitting on support around $1.00. If support is lost here, then I'd be looking for a move down to the $0.85 support zone. If support there is lost, then...

CryptoGuru369

With the advent of last week's weekly closure, $BTC is now in a downtrend on all time frames up to a weekly. Weekly trend reversals ended the two prior $BTC bull runs. 1. We can see BTC has been oscillating within this nicely formed "descending price channel". Statistically speaking, these are more likely to have a bullish break. The 'measured move' for a bullish...

CryptoGuru369 Updated 

$ARRR came down and hit our $2.00 support zone target and has been ranging between the daily 200SMA (white line) and the $2.00 support zone since then. I remain short and medium term bearish on $ARRR as long as daily dildos are closing below the 200SMA.