The reason for the growth will be thought up later, everything has been visible on the chart for a long time.
🔥🔥🚀 ETH 3297 Long. The fall of the coin has been stopped. Sales bought back on high volume. 🤖 I expect a reverse impulse upwards due to liquidation of short positions! 🔥🔥🔥🚀🚀 1st target 3686
Bitcoin has been trading relatively bearish over the last month. However, this appears to be normal trading behaviour after a new all-time high has been made. As seen on the chart, BTC did the same thing two cycles ago. Make a new ATH by ~7%, and then dump ~33%. Not sure whether we will dump 33% this time due to diminishing returns theory. Looking at this...
ETHE Bullish I am not a financial advisor. This is not meant to be and does not constitute financial, investment, trading, or any other types of advice or recommendation.
Reasons Why !! Market Optimism: Bitcoin experienced a remarkable 128% surge in 2023, outperforming traditional investments like stocks, gold, and bonds. Experts predict further gains in 2024, which could propel it to new heights. Spot Bitcoin ETF: The anticipated launch of a spot Bitcoin ETF in early 2024 is expected to revolutionize the crypto landscape. This...
The BTC halving is officially upon us come April. The amount of positive news around this entire sphere lately has been amazing. I'm shocked how many people I see on here shorting $COIN. They are about to be custody holders of the SPOT ETH ETF assuming that gets approved by the SEC- whether as a security or commodity. Larry Fink is feeling very confident and...
After bottoming out around 61k, BTC has seen a sizeable bullish correction. Over the last few days, BTC has been trading mostly sideways in a bull-flag / channel pattern. This signal makes the assumption that BTC will continue to make higher-lows in the short-term and will eventually break out and make new all-time highs. Fairly confident that the pending break...
Hi everyone, I should preface and say I am a relatively new ETH investor. I was primarily a strict BTC maxi since 2017, but after putting in the time last year to learn about ETH and what its core philosophy is, I understand it better and I am actually very interested in what it is capable of! I think many of the ETH community can vouch for that. It's hip, cool,...
In this analysis I'm going to take an attempt at making an educated guesss at when Bitcoin will top, purely based on price action. On the chart you can see Bitcoin's price action over the last 13 years on the 2-week chart. The arrows are drawn from the first candle close above the previous all-time high (purple lines). In short, it takes between 17 - 24 bars...
Good Morning! CRYPTOCAP:ETH Futures did not form a bearish crossover while Spot did form one. #ETH Futures shows it bouncing at the longer term moving avg & then close above the support line, yellow. Compared to Spot #ethereum which is all over the place. IMO still relevant to pay more attention to derivatives, like Futures. #crypto
In my last bullish BTC analysis I wrote about the idea that a short-term bottom had been formed and that were likely to bounce from said area. As of today, this signal appears to be a great success. I also made a bearish signal recently, but that entry target had not been hit, so nothing lost. In this analysis I want to take a look at Bitcoin's next macro...
I'm fairly certain we are about to have a BTC breakout. Bulls have successfully defended $60k for ~2 weeks now and we are about to move into (arguably) the two most important BTC and crypto months of all 2024. The halving is coming up. ETH ETF decision should bring some volatility- despite approval or not. The past 2 weeks have been an incredibly healthy...
QQQ (nasdaq etf) has been uptrending for over a year (2023 to 2024). However, signs of a potential pullback in the long-term charts are showing with the price and rsi oscillator. In the long-term, a potential pullback may occur in the price, and the price could fall down to $426, $419, $400, $394 support levels. Long-term resistance levels are: $460, $470,...
MJ ETF (cannabis) has potentially double-bottomed over the past 6 months (october 2023 to march 2024). Either a possible tradable bounce, or a long-term rally could occur over time as more countries partially legalize cannabis and marijuana. Long-term resistance price targets would be: $6, $9, $14, $18. Support price targets below would be $3, $2.50, $2,...
Abstract: 🐻 Bitcoin is poised to break from a 4-hour bear pennant pattern, signaling a potential move to the $59200 area. 📈 This analysis explores the implications of this breakout, which aligns with the Shibunacci indicator, offering additional confirmation. 🔄 Introduction: Bitcoin's imminent breakout from a 4-hour bear pennant suggests a shift in market...
Good Morning This is certainly an interesting situation for $BTC! Perhaps #BTC may hold this area for 2 days, or more? Still think bias is more towards the downside BUT this could be an area of consolidation, why not? Spot #bitcoin charts are all over the place. This makes it harder to make calls on spot charts. ------------------------------- CRYPTOCAP:ETH ...
As of this week, SOL has finally broken out of a multi-year parallel channel (1). In my view, this is the start of a potentially amazing run up towards >1000$. As seen on the chart, there are multiple channels to be drawn on the chart, all using the bottom support (0) as their main base. The third channel (3) might be too far fetched for now, but it still would...