BTC continuing in wedge formation which is getting tighter. Somewhat crunch time really, expecting uptrend up to test resistance trendline.
Here's a daily chart of BITCOIN. Currently, we are consolidating in wave 4 of the Elliot Wave. Typically in wave 4, you would see an ABCDE pattern with the break of the triangle to complete wave 5, which in this case would be at 27851.xx level. Also on the chart, you should see the monthly candlestick painted in the background. If you ever use a period separator...
HYPOTHETICAL SCENARIO THAT WILL PLACE ETH AT 6240$ IN OCTOBER. ETH SHOWED US THAT IT LOVES TO PERFORM AND EXECUTE PERFECT W PATTERNS DURING THIS LAST BULL RUN. TIME IS ON OUR SIDE. IN THE GRAND SCHEME OF THE MARKET CYCLE I CAN CLEARLY SEE THAT A 10K IS INEVITABLE, FIRST WE NEED TO BREAK THIS DOWNTREND, AND IN MY OPINION BY A FUNDAMENTAL REASON (EIP1559) IN JULY...
Inverted Head and shoulders pattern takes us back up to $4k boys
Bitcoin still consolidating in a range . analysing the possible scenarios in this video
Bitcoin, Ethereum, and the rest of the cryptocurrency world continue to tumble from what many viewed as unsustainable levels. Several factors are contributing to the sell-off. Chinese regulators called for regulation into cryptocurrency mining and transaction. US regulators changed tax reporting requirements, and institutional clients drop non-core assets from...
Although most cryptos had a major sell off the last week, this week doesn't look any different. I am sure the crypto markets will be picking up sometime soon, but not until lower prices levels are touched again. Ethereum could possibly hit 1500 in the coming week before it can start picking up again.
Hi all fellow traders, students and crypto lovers. It is a great pleasure for me to share my views on BTC. However i must warn you in advance that my analysis is like no other you will see here on tradingview. Meaning that it is just a collection of my ideas and experiences that i place into this asset. Therefor it is not an investment advice and you for yourself...
I see 3 scenarios playing out for the buy on eth
The head and shoulders outlines a lower peak, higher peak, lower peak formation. The neckline is the line that connects the lows of the highs (peaks). Once the neckline was broken the move accelerates down. The projected distance down is the distance between the head and the lowest shoulder. Here I have measured that distance (shaded area) and then measured...
TICKER CODE: ADAUSD Company Name: Cardano Industry: Cryptocurrency | Blockchain Position Proposed: BUY Technical Analysis 1. Large Pennant / Falling Wedge (Forming) 2. The market will potentially fall to either Fibonacci Retracement at 0.618 (Golden Zone) 0.786 ( Silver Zone) 3. 1st Take Profit will be at Fibonacci Expansion Safe Take Profit and Flagpole...
Simple and easy to read strategy that covers both way to maximize your profits with very little losses. Currently LTC price is in between the two entry points. Pip count solely depends on your brokerage and your leverage. Currently I am using 1:500 on Hugosway. Entry and take profit zones are based on previous wicks on the candlesticks . Having proper placement on...
I REALLY LOVE XRP. SUPER-FAST. LOW FEES. DOESN'T CONSUME ALOT OF ENERGY LIKE BTC/ETH ETC. Big Meeting this week with the SEC. Could see this coin explode to the upside in a large way once cleared from the lawsuit. I labeled a load the boat zone. IF you get that price again before the meeting go ahead in stack your bag up. Positive news will send XRP back on all...