cryptoideas

cryptoideas

BTC Analysis Bitcoin has had a short term reversal at the 50% retracement. It is crucial that the price continues up from here above $62,760. If the price falls below $61,079, a lower low becomes more likely. Although the price has done enough in this correction and I am watching for a reversal. Price action above $64,473 will confirm a breakout.

cryptoideas

BTC Analysis Bitcoin has had a quick sell off today but seems to be having a buy reaction at the 50% retracement. This would be a good area for the price to turn around. I am bullish as long as the price is above $58,485. One more low to around 60k is possible, but the price has already done enough for this correction to be complete.

cryptoideas

ADA Analysis ADA is looking quite good and is bullish above $0.43 . If the price can hold above $0.468, I would be looking for a quick move to $0.478 which is strong structural resistance. ADA is showing 3 drives of bullish divergence on the RSI. ADA has already completed a deep retracement resulting in a higher low.

cryptoideas

SOL Analysis I am currently looking for a higher low to form on SOL. The RSI on daily time frame is showing 3 drives of bullish divergence. There is currently a buy reaction from the 61.8% retracement of the last wave. The price will need to get back above $155 to confirm a break out. I am bullish as long as the price stays above $134.

cryptoideas

TRB Analysis TRB has completed an impulsive wave up and is showing a rejection at the 61.8% retracement of the past high and the 2.382 Fibonacci extension. I am looking for a short term correction. There is Fibonacci confluence around $116-$118. I would expect this overall uptrend to continue towards at least $162. This set up will fail below $106.

cryptoideas

ETH Analysis ETH is currently finding support at the 61.8% micro retracement. This would be the ideal area for a reversal and higher low. On the daily time frame the RSI shows 3 drives of bullish divergence. If the price sustains below $2,805 I would be looking for a drop to $2,496.

cryptoideas

MATIC Analysis MATIC has failed to close below the 78.6% retracement of the larger range and continues to make higher lows. MATIC has likely made a short term low earlier today. Further upside can be expected as long as the price does not close below $0.664 . A break out will be confirmed above $0.755 .

cryptoideas

BONK Analysis BONK has not produced an impulse to the upside from our lower support region. The price recently got rejected at the 50% retracement zone. A bearish divergence is showing on the daily time frame. It is likely that the price will revisit the lower support region again. But can only be confirmed with closures below the 78.6% retracement at...

cryptoideas

BTC Analysis BTC has moved up in an impulsive wave from our target region. The price has just reached the 50% retracement level and is getting rejected. On the 4 hourly time frame it is noticed that there are 3 drives of bearish divergence on the RSI. I expect this to be the beginning of a short term correction into our fibonacci support zone in orange. The...

cryptoideas

After Bitcoin broke it's previous ATH we saw a steep correction. This was due to many factors like the sale of nearly 4k BTC, the S&P 500's downtrend, Evergande's recent default, the new variation of the bug, and recent regulatory/taxing decisions made by the United States government on crypto. Since then we saw a strong recovery from the S&P 500 after bouncing...

cryptoideas

A potential fake out of a symmetrical triangle on the 4 hr. Referring to my previous BTC idea for Nov-Dec, I believe a final shake out to 49,500-51,500 is possible. I am very bullish at this level. BTC has a trend line running up to 50k near end of Nov. supported by the 200 day MA. That region also being massive support. But keep in mind we have a potential W...

cryptoideas

Etherium found support at 4,240 after breaking out of a bearish ascending channel. But is now being rejected. So will we see more down side? Next level to watch out for is 4,004 which is near the 50 day EMA along with support from a previous pattern. Below that we have 3,680 as support as well. I believe after this quick correction we will see a parabolic move to...

cryptoideas

After breaking out of a rising wedge on the daily, BTC found support at my 59,311 level but is being resisted by 61,211. I'm glad I was able to warn some people with my "cation BTC fake out" post. Subscribe so you don't miss out! This price action is resulting in a symmetric triangle which is usually a continuation pattern of the previous trend. We are in an...

cryptoideas

Fake out of a bear flag on the 4 hr inside of a rising wedge (bearish) on the daily time frame. If these patterns break to the down side, expect a quick correction followed by a massive move to the upside. This is due to an abundance of support below us. These patterns can also be traded to the upside. Refer to previous posts for more charts, details, and price targets.

cryptoideas

Bearish rising wedge at ATH. Retracement to 50k at 200 day ema is looking possible before a parabolic move around Thanksgiving. Possible good buy in area. Major support at around 63k and 57,500. Refer to previous posts for more info.

cryptoideas Updated 

Shake out to 49-51k before a parabolic move to 93k after Thanksgiving?

cryptoideas

BTC fighting between break out of head and shoulders at red line and massive support at orange box 57,500-58,100 which could be the bottom and a good buy in level. If price breaks to the down side, 50,435-51,545 would be next major support.

cryptoideas Updated 

may attempt 2.46 and test all time high after some retracement. Clear 1.847 to remain bullish in the short term.