◳◱ On the $PLA/ CRYPTOCAP:BTC chart, the Trend Reversal pattern suggests momentum building up for a significant move. Traders might observe resistance around 0.00000486 | 0.00000508 | 0.00000568 and support near 0.00000426 | 0.00000388 | 0.00000328. Entering trades at 0.00000503 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name:...
Trend is still bearish on daily and weekly chart, but at the same time we do not exclude an interesting technical rebound in mid-term. In this analysis we just wanted to share our view and how it could develop (Impulsive Structure), for more details on support and resistance levels, visit our Blog. With this in mind, from a technical point of view, AMEX:NEAR ...
While there is not much to talk about the price action due to Bitcoin trending mainly sideways since our last article, one notable thing is catching our attention. Despite a pullback in the price of Bitcoin, there is no increase in the number of Bitcoin addresses with balances exceeding 100 BTC and 1,000 BTC, suggesting that big players are not buying the dip...
HEXUSD has had the strongest 1W green candle last week since the week of October 16 2023. It closed a week above the 0.236 Fibonacci level for the first time since July 10 but the biggest bullish development is that the 1W MACD histogram broke above its Descending Lower Highs trend-line, which is a major divergence from the early 2023, indicating that the market...
Over the years we have discovered many historic patterns applicable to Bitcoin's (BTCUSD) Cycles. With a relative degree of volatility every time, since each Cycle has it's own distinct characteristics and fundamental events that shape it, those patterns can help traders/ investors construct strategies for buying and selling on a long-term scale. This time we...
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! BIST:LINK update. 🧵 In @ 13.92, TP. Thinking #Elliottwave sideways possibility since the price got up here. I also know sideways can be tricky. Trading tricky...
Render Token (RNDRUSD) gave us the bullish break-out we were looking for to buy on our last analysis (August 24 2023, see chart below) as the 1W MA50 comfortably held and provided the rebound that hit our Target: The price had a strong rejection on the Diverging Higher Highs trend-line of the 1-year Channel Up since and is currently on the 1D MA50 (blue...
Bitcoin (BTCUSD) had a strong rejection last week shortly after breaking Resistance 1 (48400), which was the high of the March 28 2022 1W candle. That is technically strong enough to initiate a medium-term pull-back on its own. The correction bias get even stronger though if we consider the 3-year Pivot Zone which has been relevant since January 11 2021, initially...
Using TF2H on CHZ/USDT chart, in this method we used a Wolfe wave negative pattern with negative divergence in RSI and MFI, you may check out the ETA and EPA of this analysis as well as the TPs and SL. please share your thoughts on my analysis, your criticism is crucial to developing me in analysis. Thanks! ⚠️Disclaimer: this is not for real-money use but only...
seems like good support near 15K : look for a breakup. possible one more down leg. but trade with care , long term still looking bearish.
It has been 14 months (November 14 2022) since we published our first (and to this date most important) Bitcoin (BTCUSD) Cycle comparison between 2022/ 2023 and 2014/ 2015: www.tradingview.com As you can see the main driver behind this comparison was the FTX crash in November 2022 and the Bitfinex crash in August 2015, which both acted as catalysts for the...
Ethereum Classis (ETCUSD) is having an incredible +65% rally these past 4 days that has emphatically broken above the Bear Cycle's Lower Highs trend-line for good. Despite this remarkable rise, the price is still vastly undervalued below even the 0.382 Fibonacci retracement level from the All Time High (ATH), thus it has a huge upside potential. The next critical...
Exactly a year ago (January 18 2023) we posted our last Fibonacci MAs study and called for a calculated rally while the rice was still at 20k: It is now time to expand on our original idea and update it using the Mayer Multiple Bands. Basically, as you can see on the chart below, the Mayer MA helped us on June 17 2022 identify the Bottom Phase on the 1W...
1Week Bitcoin chart has a possible bullish cypher harmonic structure.
◳◱ On the $HIVE/ CRYPTOCAP:USDT chart, the Supertrend Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 0.3761 | 0.4142 | 0.4815 and support near 0.3088 | 0.2796 | 0.2123. Entering trades at 0.3346 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Hive ▣ Rank: 305 ▣ Exchanges:...
◳◱ On the $VANRY/ CRYPTOCAP:USDT chart, the Trend Reversal pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 0.06426 | 0.0729 | 0.08843 and support near 0.04873 | 0.04184 | 0.02631. Entering trades at 0.05814 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name:...
Bitcoin (BTCUSD) completed with last week's candle a Golden Cross on the 1W time-frame, its first ever in history! That alone is a monumental development, as the Golden Cross pattern is a powerful technical formation, especially on stable long-term time-frames such as the 1W. Apart from the technicalities, this pattern becomes even more important considering the...
DOT is another asset I trade maybe once or twice a year - I gave up trading it after the 2021 top and I saw many people got burnt trying to long it over the past few months since bitcoin's 15k bottom. I still prefer lower targets, but time is at an important place so I might be too greedy to wait for it. Still, if lower targets comes within this week and the...