You should know by now I like to make my technical analysis quite simple and easy and annotate why these lines have been drawn and the crypto's potential outcome.
I've been getting a lot of messages about $BEPRO and what could potentially happen. I am not invested in $BEPRO currently, but I know people who are, but they have recently sold their $BEPRO. However,...
I don't have much time to address, and I am no fan of BTC, never traded it myself before etc...but the chart does not lie. So it seems like Bitcoin is indeed in a bullish ascending triangle. I can't say when the breakout will be, but the volume is declining so I would say fairly soon. Those who are experienced with TA and ascending triangle should also be aware...
STMX beautiful bullish triangle going here with volume on the consolidation which is exactly what you wanna see.....once BTC go to next leg up this will continue its beautiful journey its been on
Guys, I did take profit on this trade at 54866. I saw that price action was showing extreme exhaustion at the micro trend line. Following that about a hour or two later, the market moved aggressively to the upside. Now that we are at the level of 58k for the right shoulder completion, we could see the market possible continuing in the opposite direction. The IRS...
XRP/USD It seems like here we have an Head and Shoulders pattern..
Based on that price can continue bearish during this month,..
NOTE: this is not investment advice, is for educational purpose only.
Based on this 4H chart, Bitcoin has completed the ABC correction on February 28. Wave 1 of 5 has completed on March 3, and i believe we are currently riding wave 2, which is a correction wave for wave 1. Once wave 2 is complete, we will start the wave three which is usually the most powerful wave in Elliot Wave 5 wave stricture. What do you think?
I'm still bullish on XTZ.
looking at the mid term, (2 weeks) I see xtz easily reaching 6$. As BTC xtz pair begins to flip, xtz usd will surge. This is currently in process.
the above chart shows strong RSI, and macd moving up. I also see the identical pattern that happened early January when BTC first dipped. I expect XTZ to recover and move to 6$ over the next...
I obviously have a bullish sentiment on BTC however, I am hopeful that we will test this daily structure + 61% fib as resistance allowing us to see another dip to the relatively low and maybe even the 40k mark. This will allow for a healthy retracement before another bull run and more importantly, give others an opportunity to load up at a better price point prior...
So BTC just broke the 57,333 resistance on the 4H timeframe, waiting for a bullish candle on the 1H then i'll enter for buys asap!
Trend is very bullish on the weekly which closes in 12 hours, monthllu which closes in some days.
If price continues in amomentum, i'm loooking as a crazy move to $61k
Today appeared atom buy signal.
It is a signal of buy on breakout..
Will closely monitor this counter momentum as btc/usd have reach 57k..
LGLOF have same chart pattern CSE : LNK.
Simple Chart showing potential growth if we keep consolidating and we don't blow out the bottom. ITS has some great potential.
A experimental perpetual yield token that will integrate into the Renascence Platform - Soon TBA.
Big token burning op. Some 50k to 100k tokens. That's it. And low MC atm.
Thoughts?
For the past 2 weeks price action has ranged in a clear, definitive upwards channel; recently bitcoin has extended gains breaking out of this channel to reach a new ATH. If the top trend line can get multiple confirmations of holding as support, we can anticipate the next major leg up as the rally continues. If the price breakdowns back into the channel, the next...
It is forming an ascending triangle along with a parabolic curve, which usually occurs when a market moves up or down in an exponential type way. These are very rare moves that typically occur from periods of rampant speculation or at the end of bubbles(buying or selling into a parabolic move takes a lot of courage). As more vertical or parabolic the state of the...
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As you can see LTCUSD still in the uptrend channel …I think we have a continuation of a long move to break resistance at a level of 156.72 then it's going to retest and up to the next 4hours resistance on my daily chart at the level of 186.37
but if the price can’t break the resistance of 156.762 … it's going to drop to...
Link/USD
This cryptocurrency is now available in our public viewing.
We have a great area of where price can reverse from.
Based on what merit?
From a lower time frame we would be looking at around 21.2 which aligns to the Fibonacci 61.8% level.
Daily level buys - 19.77 or 20.8 where a daily imbalance is occurring.
Master key:
Purple = weekly
Blue...
