FTT is one of my favourite altcoins, with a great future ahead. Now looking short term FTT is approaching the resistance after a series of higher lows creating a triangle. It might have one last rejection at the resistance before breaking it in the next 1-2 days. 25% profit ahead reaching the old ATH and probably temporarily violating it reaching $63. Bullish...
I know some of you are panicking. Hence this is why I am doing this post, LOGIC before emotions. Bears are trying to take control. Every time BTC is trying to recover, volume is low and do not follow the prices up. However, when bears push BTC down, volume increases, but when support is approached, volume spike, and the spread of the candle diminish dramatically....
I thought to teach you a really simple concept, but that is often overlooked by beginners and experienced traders. As you can appreciate from the chart different bars and zones has different volume. Also, a more experienced eye can analyse the spread of the candle and closes to gain different information, but this will be the topic of future webinars and...
The chart does not need any explanation. If you have questions, comment below. Pennant breakout, final target 100%, length of the pole. important resistance at the previous high of the last rally. follow me for more charts and TA material.
Hello people, I know it has been a bit frustrating as BTC has painted the second whipsaw trapping bears. Now as from my previous post I had the Stop Loss placed at 47k, so I've got chopped out. However, i managed to re-enter at 47500 on an hourly break. NOW... BTC is in a delicate situation. We had already breakout 2 supports, with one being a very important...
I never liked dogecoin, as it is quite a joke in the crypto space...However with the last few developments and the onboarding of Buterin and Musk, i cannot deny i am starting to like it. The chart looks prime and ready to shoot. The path is clear...if you are not buying DOGE, you must be insane, right now. It doesn't need too much explanation, if BTC stays...
seller are looking exhausted, this in my eyes is a good buy opportunity, looking at 54 k as a target. Don't get fooled by the volume, look at the candle spread and shadows. Don't forget the SL, under that i will exit my position. enjoy the ride
It seems that AUD is turning very bullish against USD. AUD just painted a beautiful BULLISH ENGULFING. I expect a possible retest of the low at 0.7109 which give a good opportunity for entry for the rally ahead. It seems AUDUSD has just finished the big correction after the primary bull market and is now possibly ready to start a new bull rally. Although the...
Now we all know there is nothing worst than being a bear in a bull market...so let's not jump to a conclusion, but this is an interesting possibility that could happen. I already published a similar analysis back in June when I was calling this rally with a target set at 58k originally. Now short term, I am looking at 54k, as I previously stated few times, after...
BTC is forming a bull flag on the 4h chart. Characteristics: - Rally almost vertical (pole) - High volume on the rally - Volume gradually shrinking (taking profit) - Slightly downward angle Objective = Pole length (in this case 10%) Stop-loss = Below support line (in this case 2.39% from current price or 47300) Tomorrow I will share a very interesting view on BTC...
As you followers know, i was expecting BTC to bounce back to 47000 complete a top HnS and head down to 39k, However the bulls played their cards really well and the price has re entered the ascending wedge after forming a fakeout. When we see a fakeout usually price tend to move in the opposite direction, strongly as we just saw. Now we have broken the HnS,...
As you all know i was expecting higher levels for BTC, I initially called for 48 - 49 k and then i was expecting higher levels around 52-54 k, however bulls have faild to give BTC the final push, showing now sign of distribution. We have now broken the lower boundary of the ascending wedge, which gives us a bearish signal. Also the price is forming a top HnS with...
BTC is retracing once again before a final push up. Do not be scare...yet. BTC is now retesting the 200 MA on the daily frame after the second break out. It formed a harami pattern which suggests it will move sideways for few days. Also as you can appreciate in the 4h we are retesting the 50 MA which has been support for the last month. I do not expect great...
I decided to update you also on ETH the king of the alts. Eth seems a little more prime then BTC to start moving up. As you can see is now trading in an ascending channel, this is also a bearish formation, however bullish till the lower support is broken. I believe eth will move its way up to 3500, there it will be interesting to see if it will form a whipsaw and...
BTC has been hovering around these levels for the past few days. Let's consider what we can see in the chart. As highlighted in the chart BTC has recently smash through a very important 3 months down trendline. Also it is now holding above the 200 MA, so it has just broke 2 important resistances. There is indecision right now at this levels, Bears are afraid to...
As you know guys I am a Elliott Wave fan. BTC is extremely bullish and we have few nice months ahead. I caught in the moment 2 days ago and i was waiting for a retest of the 37k as i expected the market to be a little more weak. However i missed the 41 to 44k k push and i have now re-entered the market at 42 k. As you can see i highlighted the intermediate Elliott...
This is an update. I was expecting btc to retrace, however, it looks like bulls have some steam left. Be prepared for 48000 and maybe 52000 next. This is being exceptional. It seems BTC has decided that we need to wait for more for some discount. A small retest of the broken trendline and up we go. enjoy the ride
I know it is early, and I just gave an update yesterday. But bullish markets in crypto moves really fast. ETH is gonna have another last push up before retrace. The 4 hours is entering the oversold zone again, and the price has held beautifully. Please have a look at the res and supp drawn in the chart. I will buy either on the resistance break or on the 2880 supp...