Pray that Bitcoin makes a reversal pattern here (inverted head & shoulders) and it breaks above the neckline to rally. The alternative is price goes under $20k. 😱 We should find out today which way it goes. Good luck and stay safe! 💪 Like and follow if you liked this idea!
ADA held at $0.45 THREE times in the past few weeks while the market crashed to make lower lows... that includes BTC and ETH!!! This is a major sign of strength, but can ADA sustain it? That is the big question? If BTC goes under 20k, then I can't see how ADA will hold up. Best to prepare, but so far, ADA looks sexy. Bias is neutral on this chart. Like and...
You may be tempted to FOMO into Frax Shares, but check out this resistance, 10% left to go and it will be hit. The last time the price was there it was rejected and pushed to form another all-time low! Best to be cautious here and not FOMO just because you see a green candle. Wait for a breakout at least. Bias is mildly bullish, but a break of resistance is...
Solana appears ready to do the inevitable. Breakout and finally start pumping for a change after crashing for months. A break above this descending triangle would be quite bullish short/medium term. Key levels on the chart and the indicators give a bullish bias. Won't take long now. Like and follow if you liked my idea!
I did not expect this thing to pump this fast, but here we are less than a day later, the target was hit and the price quickly fell after hitting the key resistance. Some big whales are accumulating. Keep an eye on this. Like and follow if you liked my idea!
Look at this thing, you could make horror movies with this price action. However, after a 98% crash, there is some hope it could rally a bit. Price hit the support of this downtrend channel and now it appears it may actually pump to hit the resistance. That last 3d candle in red looks like a possible reversal candle, particularly if the current candle closes...
Bitcoin is eager to pop upwards, but I am not convinced here. Monday may open in red again, but alas, this range will come to an end eventually. I'd say another break of the key resistance will be significant and BULLISH. So keep that in mind. Bias neutral here, but the 4-hour timeframe is bullish again. Like and follow if you like my idea!
KCS on the Bitcoin pair has hit the key resistance at 5.8k satoshi. Now, the price is reversing and if we are to look at the USD pair (see idea below) it seems the bullish momentum may have to take a pause. For this reason, a retest of the 5k satoshi support line may be in order before KCS can hope to break the key resistance here. The indicators on the...
KuCoin token had a good rally, actually, a great one considering other coins barely bounce (hint hint at Bitcoin). KCS almost doubled in price compared to its local bottom here, so not bad at all. However, the momentum seems to be shifting against KCS and its price may roll over and fall lower to the key support at $14. If the selloff will not be too...
Tron's uptrend and parabola appear to be breaking. This is a major bearish signal. If confirmed, the next key support will be found at 7 cents. Best to stay away from Tron right now until it finds new support. Chart and indicators are bearish on this price action. Bias is bearish. Like and follow if you liked my idea!
BTC is stuck in a range between 30k and 28k. Price tried to rally, but it turned out it was a SCAM. Bulls got trapped by bears. 🤣 However, if the price moves above this range again, then there is a good argument to make that BTC will eventually reach 35k. If that happens we would finally get a relief rally. For now, this price action is FLAT. Bias is...
KuCoin Token is on a clear bullish path and about to recover most of its recent losses during the May crash. At this rate, the bullish momentum should take KCS to the $21 key resistance level. More so, the indicators are turning quite bullish on higher timeframes. In this 3-day timeframe, the MACD just did a bullish crossover, this is very significant. So did...
Seems my call yesterday worked and BTC pumped. If this thing carries over to tomorrow, expect fireworks to start. Enjoy the green days to come! Bullish until 35k at least. Like and follow if you liked my analysis.
As you can see, BTC's price has been IN RED for 9 consecutive week. N-I-N-E weekly candles IN RED! That is historic and extremely bearish. But if there is one thing we learned so far is that THE MARKET MOVES IN CYCLES. Nothing goes straight down forever, not even Bitcoin. Could the next weekly candle turn GREEN? So long 29k support holds, there is a good...
KuCoin Token has broken above 5k satoshi and exploded much higher on sustained volume! This is a major breakout with a price not seen since 2018 vs BTC! If momentum keeps up, KCS could challenge the all time high sitting at 15k Satoshi. The first key resistance is found at 5.8k satoshi and then at 7.6k. The support at 5k statoshi was not really tested, so...
KuCoin Token has had a great past week with price quickly moving above $14, turning it into support and now rallying towards $21. The momentum is bullish and the overall market is also giving signs of a significant relief rally incoming. This may be a much needed change in the price action after two months of non stop price drop. The daily indicators are all...
The $29k support has a very difficult task. Stopping eight consecutive red weekly candles. This formation has no precedent as far as I know in Bitcoin's history. Never have we seen every weekly candle for two months close in red. Should this support fail, then the outlook is grim with good support only found under $20k. It's hard to be optimistic about...
Arweave has formed a large falling wedge (in blue), a bullish formation. This 3-day timeframe shows RSI already reached the oversold area and a bounce is in order. The issue is that resistance is not far away at just under $19. Should AR move above $19, then a break above this wedge becomes likely. Price could also escape this formation by simply moving...