First keep in mind this chart is examining weekly closes, not wicks. BTC had two Bear markets, the bottoms of these markets were at 12/Jan/2015 and 10/Dec/2018. Both of these times the (white) lines of the weekly EMA 25 , EMA 91 and MA 100 were crossed at these exacts dates. These lines will cross again roughly at the end of June to mid of July. Could this...
This is an examination of bearish and hard scenario for the next months for BTC using reversed and mirrored fractals formatting a Head & Shoulders pattern. The white line is the 4H 2010MA or 55W MA, a line that historically corelates to the price as support and resistance . At the end the Bulls will win but its all ways a good idea to prepare for the worst but...
If the dominance pump continues with the speed it does, then probably in about two days we may hit resistance at the top of the triaangle this could mean two things... 1) Resently i noticed that when BTC dumps also the domince is dumping, so could this be a coming rejection/correction of BTC ? 2) It is possible that we may see some kind of a relief rally of Alts ?
We have a W pattern (blue lines) that can also be viewed as a cup and handle (yellow lines) If BTC don't dump and KSM breaks out of the yellow triangle the price target is at the ATH ! Fundamentally this coin deserves much bigger market cap, i am sure it will be more profitable than ADA and DOT, long term easy x10 If unfortunately BTC dumps a good price to buy...
Hello my fellow traders and investors! Let me share my thoughts for PancakeSwap... At the daily chart we can clearly see in CAKE's RSI three major peaks (A,B,C) all of these three peaks found resistance at about 91.34 RSI level. From peak A to peak B we had 182.42% ROI, from peak B to peak C we had 153.85% ROI. From each peak we have diminishing returns so we...
In some projects I can pinpoint impressively well its critical price levels since I knew beforehand about the $4.2, $5.4, and the $6.2 levels that played out nicely 1INCH is proven to be one of these projects that my method works great. Remember these price levels folks and please after some price movements remember to revisit this chart to verify by yourself...
Could it be a cup and handle full of tastefull profits?
This kind of price action is very likely only if we manage to consolidate above the tradeline I've see this in many charts, Monero / USD is one of them If we do not manage to ride that tradeline we may see some sideways movement to end up like a big cup and handle There is great support at $9.5 but lets hope BTC or even Binance will not force us to test it
Hello fellow traders! I was playing with the log layout and this is what I came up with At the moment we are in a critical triangle, most likely it won't dump because the overall market is bullish We need to find some support above the $12.5 and then everything is possible. If it breaks below our next stop will be at around $10.1 but only for a short shake-of,...
Hello fellow traders! Thank you so much for your lovely comments and appreciation for my charts I really hope they helped you to be inspired and develop your own profitable strategies! :) It was a wild day for LIT for sure, so volatile to BTC price movements, our bullish momentum to the moon got halted but we will recover ;) Yesterday I was certain that BTC...
Hello fellow traders! :) Hopefuly you watched my ''Observing LIT prt2'' chart analysis because it played out pretty acouretely, if you did not watch it be sure to check it out! As I warned you we saw the bull trap forming and we hit the $13.1 almost precisely, the $9.5 level supoted LIT strongly and we bounced back at bullish levels However, once again we did...
Hey fellows It happened sooner than I expected, LIT broke through the green line with high volume, and now is trying to be established above the withe line Purple line is at the level of the old ATH at about $9.5 and it is supporting LIT strong We can see a ''W'' pattern forming that is very bullish. If we go even slightly above the new ATH at $11.640 it's very...
We need to close with volume and confidence above the green line, after that we will test the $9.5 zone and most likely break to new highs around $12 to $15 White line can play a hopefully not so major role as resistance especially if we break above the old time highs If we break below the red line we may test once again the $6.8 zone, unless BTC does something...
1INCH seems that is forming a bearish ''Head & Shoulders'' pattern Keep in mind that the market is in euphoric state so it can break the pattern and go bullish as well 1INCH has very bad tokenomics and large wallets are pushing the price down this token some day will be way above $10 but at the moment most likely there are better performing investments in the...