This is a possible Bullish Cypher on the 144m chart. This is not financial advice, nothing but a hypothetical scenario that could POSSIBLY happen. This could crash and burn as well I can not read the future. Good Luck, Have fun.
prediction depends on bitcoin though verge is looking reasonably strong.
* could be possible to see a bounce just a little lower from SL1
also keep an eye on the DMI as + (green) looks to be falling closer to - (red) other than that 20ema looks to be close to crossing 50ema will obviously need more volume to push past but i would expect if it does these targets ...
Ethos (BQX) did very well and gained almost 90% the last 2 days. The eliot wave seems to predict a small correction to the support area that's formed between 6500 sats and 6350 sats.
Buy area: 6500 - 6350
Stop-Loss: 5870
Target: TBA
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***Please write in the comments if you see the chart correctly. I wanted to post this yesterday already but when I posted it I could see the chart. So I don't know if it is just on my end or if you also don't see the chart. In case you also don't see the chart I posted it as a snapshot below.***
Introductory Remarks:
Ok so first of all I am trying to make this ...
We have a big Ascending Triangle Formation (blue lines).
I expect Digibyte to bounce of the resistance and follow the bullish trend.
The 0.786 Fib is a key resistance we have to break through.
If we do I think we are breaking rather quickly through the Ascending Triangle Formation.
This Formation has a 50% chance that it will dip right after the breakout.
If ...
For obvious reasons with the crypto market i would wait for more of a signal until entering a trade but my prediction for iota.
would wait for a decent cross of the 50ema before making a trade unless you have just bought iota on the low then watch for some resistance at the 50 ema to see if you want to take profit at TP1, if we see a break though next targets i ...
During the past month, Metaverse has been one of the best performers against the USD as well as BTC. Throughout entire month of July price was rising consistently and from $0.46 low it has already reached $2.24 high, resulting in almost 400% gain against the USD.
ETP currently looks even stronger, after it broke the 23.6% Fibs resistance at $1.82. After the ...
These would be the last 2 retracements bulls would look for if we don't keep support on the .5 fib from a bulls perspective. You can see the bottom 2 boxes would be either short targets, or long entrys IF we went lower from here. The top 2 targets are the next stops I see for longs. Remember this is NOT finance advice, just chart art. Good luck have fun.
Since June,WanChain has been trending downwards within the descending channel. It has lost over 64% to Bitcoin in less than two months. Although today price has bounced off the 227.2% Fibonacci retracement level at 2350 satoshis.
The support has been rejected cleanly suggesting that WAN/BTC could have reached the bottom or very close to it. At the same time the ...
Ethereum Classic found the bottom at $12, which has been tested on the 10th of June. since then price started to rise slowly, producing higher highs and higher lows. The 50 Moving Average has been broken and currently ETC/USD is trading above it.
The uptrend trendline has been rejected forming minor support at $15.65. At the same time minor resistance is seen at ...
On the 24th of July, ChainLink hit the bottom, reaching 2276 satoshis low. At the same time it has rejected the 227.2% Fibonacci support applied to the corrective wave up after the uptrend trendline breakout.
Price failed to break and close below the support and price went up sharply. LINK/BTC broke above the downtrend trendline and 50 Moving Average suggesting ...
OmiseGo continues to reject the uptrend trendline, with the most recent touch occurred just yesterday, when it hit $9.2. This is also an 88.6% Fibonacci retracement level of the previous wave up.
If price stays above that support, trend reversal could take place. An it is very interesting that the nearest strong resistance is seen only at $88 area, which is ...
Following the previous idea on Bitcoin, the 4/1 Gann Fan has been rejected, along with the 61.8% Fibonacci retracement level at $6170. BTC/USD started to move up and currently reached the 61.8% Fibs at $6550.
This is a very strong resistance for Bitcoin, because it is also corresponds with the 200 Moving Average. In order for the uptrend to begin, price has to ...
Metaverse found the bottom on the 24th of June, where it hit $0.46 low. Then price went up sharply, breaking above the 50 Moving Average and th descending channel. Nevertheless, ETP/USD has reached 23.6% Fibonacci retracement level at $1.73, that has been rejected cleanly.
This might suggest a corrective move down or even a downtrend continuation. At this stage ...
On the 24th of June, BitcoinGold has found the bottom at $22, where it rejected 927.2% Fibonacci retracement level cleanly. After bouncing off the $22 support price went up and broke above the 200 Moving Average.
The past month price action shows that BTG/USD is printing higher highs and higher lows, while continues to reject the uptrend trendline and Fibonacci ...
Possible short targets that we may meet. The red boxes at the top are possible long targets as well. I am currently short and will DCA into it if needed, but remember I don't give financial advice, this chart is just art. Good luck and have fun.
