Bitcoin broke out of its falling wedge confirming continuation on the upside.
Stellar has reversed with a solid uptrend in the Kumo. Entry possible with a stop loss around the lst resistance line at the 0.00000406 mark. Enter only with a solid close above the fibonacci retracement. Very high reward ratio possible for this pair. Entry : 0.00000435 TP1 : 0.00000494 / 13% earnings TP2 : 0.00000546 / 25% earnings SL : 0.00000406 / 6.7%...
Could possibly see ETH breakout of its falling wedge and head to previous resistance of the Ichimoku Cloud. Shorter timeframes look like an inverse head and shoulder is forming giving me an idea we could see reversal.
Elliott Waves playing out very nicely with this coin. Gearing up for the 5th and final wave!
NXC seems to be dragging across that support line for 3 days or so now. I bought in at 3700 sats and has dropped since, however the market is moving very slowly now which could indicate a bullish trend. Supply and demand is heavily biased towards supply, so price could shift upwards in long term.
I think the zone 1800-2000 will become a rebound point to 2600-3000
Bitcoin is dancing with eliot waves. The matter is will we continue bullish eliot waves or bullish eliot waves after the latest eliot which is forming now.
Those who listened to my advice the last time and bought - I congratulate. Now I want to make an update. The price approached the next line of resistance. the RSI oscillator speaks of overbought, but the ADX says that the bulls are still strong enough, the MACD is also directed upwards. Also, I noticed a double bottom on the chart of the pattern - a trend...
We could expect a retracement. (ABC wave) On the weekly chart, everything is telling us that this might go that way. There are head and shoulders patterns. BTC have already had some in the past. They can help us to find support (and B, C points). The length of the leg of these shoulders is the biggest question. In the past, BTC always come back in the Ichimoku...
The first scenario (marked all in green) The price made a perfect cup, broke the neckline and is now in the moment of retracement to form the handle. It can be in any of those levels of FIBO to then do the pullback. Unfailingly and how I said in previous cases the price should break the neckline to start your bullrun towards the PT1 C & H. Second scenario...
BTC will be have dump & consolidation time after finishing Elliot Wave5 pump cycle. I'm sure there will be a big rise in Alt market next year. Be patient.
I think str buy Buy - 0.0000062 Sell - 0.000007
The move from point 1 to point 2 creates a strong impulse leg. There after we see a bullish pennant forming which is a continuation pattern signalling that further upside is likely. Look to enter after the break of the upper pennant trend line, which sure be accompanied by a volume spike. Note that the volume has been falling during the formation of the pennant as...
It looks like the market reached the bottom. We see that 0.024 support level could stop falling market. If the market bounces from it, this new swing low will be higher that the previous one. It will be good confirmation of possible upward movement.