CryptonikLion

CryptonikLion

From tehnical perspective there is no doubt that the price is gonna go down

CryptonikLion

A very strong rally and finally the price is at a very strong resistance (200 daily MA at 0.89451),trend line is acting as resistance so the price must go down for a correction. I expect this kind of movement to take place i am in a short position since 0.893. The price should retest some fibonaci levels at least 0.236.

CryptonikLion

Very interesting, so DXY broke up from the failing wedge that was ending in 98.8 area and had a massive breakout so the next short term target i expect on DXY is 100.6. I expect that here a wedge-bear flag might be in play, so i am bearish on DXY, not just form TA but also from fundamental perspectives. We got a 61.8% retracement move i drew the fib from the gap...

CryptonikLion

Oil is at some historical lows right now due to the weak demand,so i expected that the price can reach as low as 17 cents but that drop will be fast,because i am sure that at the price the buyers will buy at that price like never before so going long on Oil does make a lot of sense, i mean a child can understand that after CV-19 the price of oils will rebound...

CryptonikLion

IS a quite obvious that it is a strong short here

CryptonikLion Updated 

Interesting pattern here on BTC the failing wedge, Bitcoin really likes the wedges so we can see that few days ago we had the same situation that lead to a very strong move to the upside, most probable before breaking to the upside will see another mini-dump around 6600-6700 and then the breakout and a strong move to the upside breaking all the resistances...

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Just like if you understand what i mean :)

CryptonikLion

Looks like the bitcoin dominance broke the trendline retested it and got rejected and if we get multiple daily closes under 65% we will go directly towards 60-58% area where we will probably found some support.So i can say that in my opinion an altseason is quite close and we should keep an eye on bitcoin dominance so most probably if bitcoin will start to rise...

CryptonikLion

Well after a massive move from 1.28 to 1.46 is time for some retracement/correction so a perfect oppurtunity is here wait for a mini bounce and you can enter on a short position from around 1.40 with a good risk-reward.

CryptonikLion

Ready to break the trendline and go to 1.10

CryptonikLion

DXY oh it is in a very bad shape after this 4hr close very ugly this could get very ugly,so take care the only thing that could break the downward move is the fundamental side and the gap around 102.25.

CryptonikLion

Like i see we are in an descending triangle since 2009 We broke the 200 and 100 Monthly MA and after retesting them we got rejected so we may go to around 1.05 area in next months. After getting to the global support area 1.05 i expect a pullback to the trendline around 1.10 and then we will see a further down move and i expect in 2-3 years to test the...

CryptonikLion Updated 

I like the price action on XRP,because in the last 2 days XRP showed bullish price action giving gains around 7% a day,While BTC was not performing that well,so that's very interesting to point out. -Since we are in a down trend you can try to short,but If you think to short i want to point out that i think XRP hit the bottom,so your gains will not very big. -I...

CryptonikLion Updated 

I think that if the BTC can break the curve up in few hours a bullish price action should occur,so wait for the price to break up from the MC curve wait and see if it can find support then you can long it,also the impulsive moves 3 and 5 should play out. Don't forget to like and follow me. -CryptonikLion -I am not a financial adviser,you need to analyse for...

CryptonikLion Updated 

Rising wedge Looks like support is breaking

CryptonikLion

A basic HnS Pattern,that looks very good and is having a good chance in my opinion to play out. Don't forget to like and give me a follow -CryptonikLion

CryptonikLion

After a massive rally to the top we saw a rejection and a triangle formation that was eventually broken and now it's support is tested. If the price is rejected we can easily enter in a short position with great targets. I personally think that the price will be rejected and it will go lower to my targets. - CryptonikLion

CryptonikLion

Here you can see my view and analysis based on the historical cycles and if the cycle will repeat,you can see on the chart what result i got. This is of course hard to say if it is real to happen but from the analysis it is real and i will let this chart to be in my profile to see what will happen -This is not a financial advice.This is just my...