In my previous XRP analysis I argued that XRP was ripe to break out of the triangle in which it has been trading for more than 5 weeks. That specific signal didn't last long since BTC decided to reverse slightly.
However, with BTC showing signs of bullishness, XRP might finally break out of this pattern with force. Potentially targeting the $2 area. Wait for the...
THETA has been recovering very slowly from the sell-off of two weeks ago. Most coins already surpassed their local high from before that, but not THETA. THETA is lagging behind the market by some the degree, making it an ideal candidate to see some serious gains in the coming days.
This break out could lead to a new ATH in the coming days, if BTC manages to keep...
After seeing immense gains in April, BTT has calmed down significantly. Over a period of almost 5 weeks, nothing much happened with this coin.
However, over the last two days it appears that traders got renewed interest in BTT, buying it up in large volume. This bullish push has caused BTT to finally break out of a triangle in which it has been trading for...
HNT as been one of the winners of last month, doubling in value over the course of April. Together with the majority of the crypto market, HNT is seeing very strong gains lately. Furthermore, HNT is currently on the verge of breaking out of the ATH resistance, excluding wicks.
If this strong bullish move continues we might see HNT reaching $30 in the near...
Hello trading friends,
I hope you had a great day.
And here we come with a new main coin BCD. bitcoin diamond would be normally not the first choice, and we know that well. but there are signals into the trend that shows BCD about to increase huge, and possible double to 5usd+
# we did add more coins before and most of them did increase after the update.
Since the major BTC sell-off of two weeks ago, NEO has been trading in a small upwards channel. Last night, when BTC fell a couple of percent, NEO fell with it. Luckily NEO found support near the support line of the channel and is currently reversing from said support.
Mid-term target would be the current ATH.
I have created a comprehensive roadmap on this 8 hour chart from Bitcoin with targets and support for the short to medium term.
Scroll down or up the price scale onthe right for all support and resistance levels.
Below is the description but be sure to remember the very important levels. 64651 and 51724 (ultimate 47674. Bitcoin drives the entire...
Over the last month or so, a strong support has emerged on the ARDR chart. With BTC being a bit uncertain at the moment, chances are that ARDR will make its way toward this support, potentially bouncing from it in the future. This support would be a great entry for a short bounce trade.
For over 4 months, LTC has been trading inside this channel. With BTC's dump of last week, LTC fell down towards the support of the channel and reversed from it. With the market booming again, LTC has the potential to make some nice gains soon.
Potential target is the local high around $340.
After reaching $65k last week, it appears that BTC has topped, at least for the near term. See my previous analysis on that:
Looking back, we can now safely say that the bullish Elliot wave pattern has finished and that we're currently in the first corrective wave A of the...
Like all major cryptos, DASH has seen an increase in bullish activity over the last couple of days. During this new bullish push upward, a bullish channel has emerged for us to trade.
With BTC showing some signs of weakness over the last two days, DASH moved toward the channel support, potentially an ideal time to buy in.
With BTC rising rapidly, big cap alt coins are following suit. ETC's rise has formed a nice bullish triangle for us to trade.
ETC saw immense gains only a couple of weeks ago. Two weeks of being relatively quiet might actually signal a boom in price soon.
If bullish pressure remains, we might form a new ATH in the near future.
Here we see the 4 hour chart of Bitcoin with an interesting development.
First, we see a small inverted head shoulder formation with a target of around 65000. That is the old top. At the same time, it seems that we are no now forming the right shoulder of a much larger head shoulder pattern.
The right shoulder of this pattern should not be higher ...
CAKE is one of the coins which is seeing an amazing influx of new buyers after the big BTC drop of today.
One reason for that could be the fact that CAKE is currently seeing a very strong uptrend, potentially going parabolic in the near future once it creates a new ATH.
Another reason could be that with BTC showing signs of uncertainty, people are flocking...
DOGE has seen some crazy volatility over the last couple of weeks. The most recent bullish push has been initiated (again) by Elon himself. With DOGE's pumps often coming in waves, it's almost inevitable that another pump were to happen soon after the most recent one at the 28th.
Currently, DOGE is on the verge of breaking out of a triangle. With BTC showing...
After seeing a strong sell-off today, it appears that AXS is seeing an influx of new buyers, even with BTC showing signs of weakness at this moment.
I'm still relatively bullish on the crypto market as a whole, so I'm expecting BTC to show some signs of recovery soon.
DOT has been consolidating since half March. During this consolidation, DOT has formed a channel.
With the most recent BTC dump, the channel support has held and the price didn't fall through it. Potentially, this could be an early sign of a reversal of the price.
Before entering the trade, wait for the reversal to be confirmed.
Since early March, TOMO has been trading inside an upward edging channel. With the most recent BTC sell-off, there's a big chance that TOMO will hit the channel again rather soon, potentially bouncing off from it.
This signal is based on the idea that this channel will hold in the near future.