DrakeAntony2021

DrakeAntony2021 Updated 

Hello my friends, Today I am sharing a diagram by our company, which it mentions the probabilities and the future of CryptoMarket in the upcoming months. A diagram which will helps you to understand in what kind of area we are and what we can expect in each area. Also it helps you to know where and when to open a short or a long position and at last, the...

DrakeAntony2021

Hello my friends. Posting today Technical Analysis about Bitcoin and Ethereum, I am going to have a look at bitcoin's dominance too, and to see what we can expect for Altcoins. 39.56 That's the magic number I am looking at the moment In Bitcoin's Dominance Chart. I am plan to go heavy in, on altcoins, ONLY if i see Bitcoin's Dominance to break below this...

DrakeAntony2021

Hello my friends. Apart from Bitcoin, today I am taking a look at Ethereum price action too. In my opinion Ethereum will go yet lower. I am expecting prices between $2300 - $2600. Those are the areas i am looking for a serious bounce for Ethereum. We lost important support trends and the price now is hanging in a nowhere area. Following falling wedge...

DrakeAntony2021 Updated 

Hello my friends, Daily Time Frame, means we are looking to see long term possibilities. First i need to say that we follow A rising Wedge Pattern which is Bearish Pattern in Long Term. We are in process of 12345 waves with wave 4 to be in action. I expect the following: BTC to raise maximum at 51150... After a test of Rising Wedge downtrend between 40k -...

DrakeAntony2021

Hello my friends. Happy New Year to all of you. Magic Area : $40546.53 - $41522.16 BEARISH CASE : Meaning : Closing daily below $40546.53 bitcoin will suffer further Next stop in case we close below $40546.53 : $35912.27 - $36643.99 That's will be my last bullish support. Below $35912.27 we have bear ERA in my opinion and i will not surprise to see prices...

DrakeAntony2021

Hello My friends. Happy New Year to all. Today i am gonna pay attention to coin market cap chart only. I am mentioning some similarities that follows this correction from its start. I am expecting another one crypto dump soon, and at the same moment, this expected dump in my opinion, will signalize reversal, based on the channel's trends we are having in...

DrakeAntony2021 Updated 

Hello my friends, Today i am not going to write too much, as all are spotted on our chart. With short words... Lower Highs and Lower Lows continuation is equal to a downtrend. Bitcoin Must make attend to break above $49500. This are is the critical area at the moment for Bitcoin. Breaking above this area, will create a new Higher high. Then we can start to...

DrakeAntony2021 Updated 

Hello My friends. Today is the most important weekly candle for Bitcoin. In my opinion, Today, Market will decides if the Bull Markets ends, or we will see signs of recovering for Bulls. Today we will see if Bull Cycle will continues, or we will have a set up for a new Bear Cycle. Yesterday we mentioned the area of 49500 as a must recaptured area for bulls. Is...

DrakeAntony2021

Hello my friends, Today i am sharing a simple trading idea for the upcoming hours and nothing more for more duration as i want to see market surpassing 52k before to decide for any long position. So we just trade this break and we wait to see if the support support this movement. Double bottom on 1 hour time frame. We had a break out from the neckline of...

DrakeAntony2021

Hello my friends, Patterns : Falling Channel = Bullish Pattern Diamond Bottom = Bullish Pattern Bull Flag = Bullish Pattern Lines: Red Lines - Red Box (Main Resistance Btc Must Break Above) Diamond Bottom is a pattern that does not appear very often. Usually we will see diamond Bottoms or Diamond Tops Patterns when we are looking for bottoms of downtrends...

DrakeAntony2021 Updated 

Hello my friends, For first time since the whole correction, i am seeing a good structure for bulls in short term. Nice ABCDE correction downtrend channel, bottoming in wave E and now in process for a good bullish pattern (Inverse Head and Shoulders), which can bring us in a break out of main channel. As we said in previous analysis, bulls must recapture 52k...

DrakeAntony2021

Hello my friends, What we are mentioning the last 72 hours, finally is in process. The important retesting area is near. This is the area that will decide what we will need to expect for the upcoming minimum 6 months from today. Things are not simple for bulls. Bears at the moment are in control. Until we are below 55410 (Mark this price is the most...

DrakeAntony2021

Greetings all, Bitcoin is in a dangerous situation and this week will be very critical for the whole crypto Market in my opinion. We close yesterday below 21 EMA. This is a big bearish signal for a possible bear market cycle. This week is very critical because in my opinion we will see Bitcoin to Retest the 21 EMA at the area between 51500 - 52500. If we...

DrakeAntony2021

Hello my Friends... What i am going to say is that market now, waits for Cycle Decision in my opinion. Any prediction or expectation before the retest of Market Decision area, is just a prophecy. I am continuing to be cautious and out of market until the Market Decision Signal get confirms. Your comments are appreciated. Have a nice day and good luck with...

DrakeAntony2021 Updated 

Hello my friends... I found it important to share this historical data for Bitcoin. At the moment we are kissing several times a resistance trend line which historicall the last months it gives correction between 25-30%. Personally i will ''bet'' on this trend as i think a correction of this size after the pump from 28700 to 66000, is necessary and healthy...

DrakeAntony2021 Updated 

Hello My friends... Double H&S Pattern i see on Bitcoin Chart... Decision of market imminent as we are at the moment in a critical retest area... Beaking above 61500 bitcoin remain bullish and propably will head up to 75000. Rejection on this area i expect massive correction until 47000 - 48000 area... Correction after the pump from 28700 to 67000 i need to...

DrakeAntony2021 Updated 

Hello my friends, In my opinion we topped for Bitcoin after a rally from 28500 to 66000... A correction will be a healthy process before more upside momentum... Toppiing with a possible head and shoulders on daily time frame and with MACD to turn bearish, i expect a downtrend until 48000 - 49000. Your comments are appreciated. Have a nice day and good luck ...

DrakeAntony2021 Updated 

Hello my friends... Bitcoin is in a dangerous pattern at the moment. Massive head and shoulders which if it plays out it confirms a test of macro channel downtrend line between 47000 - 49000. After a massive pump from 28700 to 66000 i think a correction is a healthy movement. Breaking below 60500 is a confirmation that Head and shoulders pattern will plays...