My last analysis on Bitcoin was the chart on the left, where I talked about the important of the Underlying Pivot line. As you see, despite the rise during the weekend, the price got rejected today exactly on the Underlying Pivot, displaying once more why it is critical to the trend.
Today however I want to bring forward the critical role that the MACD is playing...
Bitcoin finally reached key daily demand zone.
That zone is based on a 52100 - 54000 horizontal structure
& a rising trend line linking the last higher lows.
Taking into consideration that we are still trading in a strong long-term uptrend,
the next bullish rally may initiate from that zone.
To catch it with a...
MANA has seen extreme gains on a 1 month horizon. However buyers should be careful at this stage as on the 1D time-frame, the price is printing a Bear Flag, the likes of which has been a strong red signal in the past.
As you see on the chart, every time this pattern along with the RSI going into a descending triangle, has always preceeded a sharp market...
Since the initial sell-off of May this year, BCH has been trading inside a consolidation pattern. This pattern has kept BCH locked into a territory of weakness whilst other alts made new all-time highs.
For the coming weeks, I'm expecting BCH to stay inside this triangle. Hopefully we're going to see a break out by the start of next year. Assuming the overall...
Since topping around $3 in September, ADA has severely been underperforming other alts. The direction of trading has been virtually only down for the past three months, with no end in sight yet.
I'm looking at two different possibilities. The first one, the best case scenario, would be that ADA will not go any lower from here. The $1.50 support will hold and the...
During the massive sell-off last Friday, I made an analysis on Bitcoin where I stated that the bottom was likely to be in and that a reversal was to be expected.
And indeed, Bitcoin saw a massive move to the upside yesterday. In my view, this massive move confirmed my idea...
Hello,
Welcome to this analysis about DOGE and the 2-day timeframe perspectives. In recent times I discovered that DOGE is building a pivotal formation in the structure which has some great potentials to complete in the upcoming times and with completion of this formation we can expect some great determinations to show up. Therefore as when looking at my chart,...
Bitcoin is currently trying to establish support in the mid-$50k region after an all-time high of $69k. What's interesting about the structure is that it shows expanding volatility - there are two broadening patterns enmeshed within each other. Broadening patterns show increasing volatility as time goes on. I think if Bitcoin manages to break out to the upside, we...
It is not very bling bling from the cryptocurrency ChainLink - so far! We expect that the ongoing correction will continue to stretch out all the way down to the yellow area between $11.64 - $6.14. This, however, would mean a great entry chance, since we expect the course to make significant gains from there. Only a premature rise above $38.65 would bring a...
There is a long position in ADAUSDT Cardano
ADAUSDT Cardano
🔵Long Now or set on Key Level 1.525
🟢Target 1 1.725
🟢Target 2 1.915
🟢Target 3 2.080
❌Stop loss 1.400
#K_Level
Got the bounce I was looking for but not out of the woods yet. Looking for a nice correction, when ever this little move up is done, to gain confidence in more of a move up. Also there is some heavy resistance up above that it needs to reclaimed. Price is at one now and 60k is a yuge one...but a couple dillies could make quick work of it lol.
Sometime between 9th and 22th of December 2021 we will break this descending wedge to the upside. It will trigger the biggest disbelief rally since October 2020.
Sometime between 15th of April and 27th of May 2022 we will get the Bitcoin cycle top. I would say April 30th.
Next best time to buy Bitcoin February 2023 at 50k, next Bull market cycle start would be...
Hey traders,
Shib has reached key daily structure support recently.
The price was stuck on that level for the entire week.
This night bulls started to push. They managed to break a resistance line of a falling parallel channel.
The price may go much higher.
Goals:
0.000056
0.000065
❤️Please, support this idea with...
LUNAUSDT has given a breakout at a shorter timeframe and now the price is retesting, the area is occupied by a fib level of 61.8% support around 48.00. Now if buyers successfully retain this area then they can push price towards higher levels around 50-52 followed by 55. on the other side if this level will break we could see a sell-off towards 42.00. Good Luck!
Hello friends, today you can review the technical analysis on the 4H linear scale chart for Bitcoin ( BTCUSD ), a cryptocurrency.
#CryptoPickk noted in the chart:
1) The Bitcoin Price is breaking out of the falling channel it has been forming for multiple weeks.
2) The price has a measured move of about 7%-8% before it may be met with resistance around the...
If BTC continues upwards or sideways CRV could explode soon.
Great bounce from weekly support, breakout from bullish flag, retest of upper boundary of pattern and now crating support at 4.8$.
Curve is a decentralized exchange for stablecoins that uses an automated market maker (AMM) to manage liquidity.
Launched in January 2020, Curve is now synonymous with the...
