CFcryptoTA

CFcryptoTA

ADA has reached the target from my previous chart completing the previously discussed HnS, and I have entered around 2. It is now attempting a break through the 50-day VWMA, which was previous resistance. I suspect this will fail as ADA is not showing great momentum yet, and the stochRSI start to look weak in the intraday frame. However, if 2.42 is broken with...

CFcryptoTA

Hello everyone, I have already explained yesterday my thoughts about the short term direction. However, today I wanted to zoom out and show you what the medium-term picture has prepared for us. In this chart, you can appreciate that BTC has formed a great Cup and Handle pattern. I had forecast this about a month ago, and we are finishing the handle. Cup n Handle...

CFcryptoTA

HnS playing beautifully, as expected. The 39k mark has been touched. It was the target from a month ago, so nothing unexpected. BTC is going to retest the broken support turned resistance, the neckline to then possibly do one last dip, touching maybe the 38k. I entered in the wick at 40k, and I plan to load on any of the next dips. Volume and candles are screaming...

CFcryptoTA

This is the time of bargains. The BTC dip yesterday touched 40160. My original target for the dip was 39k, as you can double-check from yesterday chart. Now what the chart and candles are telling us? BTC is not ready yet for the move up this week but is now charging up. The hammer on a good volume is the first sign of a short term reversal. The candle has an...

CFcryptoTA

BTC is starting to look weak. As I explained yesterday, I am expecting BTC to dip to 39k in the next two weeks. However, I was expecting one last push at 51 before dropping. Nevertheless, BTC has accelerated down, invalidating the bullish flag and breaking the 50 MA, which was support for the previous two months. If the daily candle closes below the 45700 (50MA),...

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CFcryptoTA

Hello everyone, this is a quick update on the market structure and short term trend of BTC. It is full of information, so make sure to follow it all the way through. BTC LIMIT IS THE SPACE? 1 - 4 min = market structure 4 - 8 min = Golden cross + trend 8 min till the end = Short term structure and targets I hope you will enjoy this video and find it...

CFcryptoTA

My previous analysis was expecting ADA to explode. However, it seems the big players played buy the rumour sell the news. I am now growing less confident in the imminent pump of ADA. To clarify, it is an excellent holding for the next four months. I am talking for short term trades for 2-3 weeks. Although there are few excellent bullish signs, such as the bullish...

CFcryptoTA

For those of you not convinced yet...Enjoy. Bull Flag, ready for another leg up before a possible drop down to 39-40 k (market condition will need to be assessed at 51k). Self-explanatory chart. - Stop loss below lower flag boundary - Profit-taking at 51150 (10%) - RR = 3 FOLLOW ME, SHARE, LIKE AND COMMENT

CFcryptoTA

Get ready for a short move up. Perfect bullish engulfing!

CFcryptoTA

ETH has become a little bit slower and is not moving as fast as many expect. Good opportunity here. ETH has broken out the double bottom pattern. I am planning to DCA in till the support ~ 3500. Target is going to be 3850 (10% profit). My stop loss is going to be set at 3400.

CFcryptoTA

I personally believe BTC is in the corrective wave after wave 1 (started on the 21st of July). If you were following me you may have entered in the low 44 high 43 when I posted the chart BTC bounce relief. So everything is moving according to plan. In this chart, I drew out Elliott waves from the primary to the micro wave action. This is to show you that Elliott...

CFcryptoTA

I decided to resume in one chart my current targets and thoughts for the crypto market space: On the top left quadrant is the BTC dominance: - It has been bleeding again since the rally on July 21. - It formed a bear flag with target 34% down (31% dominance) - It has been following a descending channel - Short term, BTC will push up to 49500, then altcoins will...

CFcryptoTA

Yesterday I posted a BTC chart explaining that I was expecting BTC to retrace 1 more time at 43700 before a breakout. However Bulls were in rush and pushed the price to break the resistance. This movement was ahead of the daily golden cross which is about to happen. The last time BTC had a golden cross was at 8000 dollars before it hit 60k. I am now planning to...

CFcryptoTA

BTC has been manipulated in the last day, as you can appreciate by the huge orange candle followed by a huge black candle washing out once again leveraged positions. The chart is starting to look prime, similar to the July chart. I cannot wait for these last 4 months. They are gonna be legendary. As you can see, BTC is in accumulation mode, with the last...

CFcryptoTA Updated 

Just a quick follow up to my last GBPJPY pair. Pretty self-explanatory. Right on track, after an exhaustion move, an HnS is painted. Waiting for a close and open on the 1 h below the neckline.

CFcryptoTA

I just woke up, and yesterday, late-night, I forgot to place my stop loss at 2.55 (short term trades). Anyway, ADA has broken the ascending wedge earlier than I expected. However, I see this as a normal retest of the bullish engulfing pattern, which is common. The indicators are still oversold, so probabilities, for now, are more on the upside than lower. I still...

CFcryptoTA Updated 

ADA had a pretty drawdown following the BTC flash crush. This has created new great opportunities. I entered this baby on the daily 50 MA support at 2.34. However, I didn't share this trade as it was a high risk. Now ADA is hovering at 2.62 after a strong reaction yesterday which brought it to 2.81 at the peak. ADA is bullish right now. Why? - strong bullish...

CFcryptoTA

A lot of people have been calling for a stock market crash for a long time. However, I'm afraid I have to disagree. From a technical point of view, there is no doubt the S&P is losing momentum as it can be appreciated in the momentum indicators. The price is making new higher highs, but the momentum is doing lower highs. However, the Elliott wave technicals are...