Link has established a strong support zone at $5.30-$6.10 range. Any dips below $6 is my accumulation zone with upside targets as I've shown at the chart above. Break above $7.8 opens the door for targets $11 and above.
This is a longer term analysis and this is weekly chart so I expect this to play out over the next few months.
SOL has bounced off of .618 golden buy zone back in January. And since then it has been establishing higher lows and higher highs. We could revisit to do a double bottom around $8-$9 levels but I do think we may have the $16-19 level as the buy zone and take off from here to go visit $40 range first. This is a weekly chart so this may take some time to play out....
If we project the historical price behavior on the weekly chart for future price action, we notice that much higher prices to come in the near future.
This is a weekly chart so it will take some time to play out. If we close this week above 30k psychological zone, we can see my first price target of $38k.
FTM chart is not looking very good in the near term.
If FTM breaks below 0.20 level, it could accelerate down to 0.04 level which is aligned with the 0.618 golden pocket.
FTM is also forming a head and shoulders pattern and if it breaks the neck line of 0.1660 the price target for that is also right below 0.04.
Solana (SOLETH) pair weekly chart is presenting us with a great opportunity to grow our ETH holdings with a SOLETH trade over the next several months.
This is based on the weekly chart so it will take 2-3 months to play out. Solana is getting ready to gain against ETH. This could happen in several ways. One way simply is that SOL gains in price in a...
This is an ETH Trading Strategy, using MarketCipher and RSI as the entry and exit conditions for the 4 hour chart.
This strategy is LONG only with stop loss set to 12% with 5 TPs set to 20% each.
There is one DCA safety order at -6% level to 3x the original order.
Based on the historical data, here is what this strategy accomplishes:
Total Closed Trades: 105+...
BNB has multi time frame squeezes. And the most powerful of all has been set up in the monthly chart. This is monthly price action so each bar represents one month. If the monthly squeeze fires to the upside we will see BNB to move past $1000 by the end of year. There is a confluence in money flow indicators as well. I will place a position trade on this for a...
The current BTC upside move is over extended. I'm expecting a pull back in the near term to 19600-20500 prize range. We are also quite away from the Ichumoku cloud and reversion to the mean is very likely. We also have a confluence with multi timeframe Market Cipher bearish divergences. This is not a financial advice. This is where I would most likely continue to...
SOL just got rejected at the top of the long term descending range. I expect a revisit to to the median of the range which is at the 9-10 dollar level.
Price pattern projection is done for the 4 day chart and I'm putting it on this daily chart so we can see the higher timeframe direction on daily and see the daily price action against the 4d chart.
This is not...
Ape coin staking started with great success for Yuga Labs and BAYC members. However, the macro economic conditions put additional stress on the Ape coin especially if it leads the members to cash out their stake rewards consistently. It will create consistent downward price pressure on APE. Technicals indicate price action to revisit under $3 again.
We have a blood diamond on Market Cipher for ETH on the daily chart. It typically results in continued down trend for another 4 to 9 bars (days). If the price action follows the recent past, we will go visit $990.
Pi cycle bottom and top indicator has been pretty accurate over the history of bitcoin price action. It is currently once again flashing "bottom." If history repeats itself we may see a price action similar to what I projected in the chart aligned with the long term trendline.
The Pi Cycle Indicator forecasts the cycle top and bottom of Bitcoin’s market cycles....
Bitcoin will have a side ways move a lot longer than the masses anticipate. I expect in the near term a price action similar to the one shown on this chart. If the history repeats itself we will bounce to 24k and then we will have a dip that will create a great buying opportunity going into 2023. This is not a financial advice.