Hello All. Looking at Etherium chart on the daily, we can see that the stochastic RSI remains in the over sold territory despite the fact that etherium is trading in the downwards channel. The $4400 plays a strong resistance but i think we will break it and go to 4600 range. However, the volume is not enough to go for ATH yet. Here is the plan. We are still...
Hello all. Bitcoin is trading in the descending channel on the 4hr chart, and heading towards the bottom of the channel which sits around 54k. This can be a good entry position for a long trade. Another entry level for bitcoin sits at 50k level which we discussed in the previous post. This level corresponds with the fib golden pocket and also the monthly support...
Hello all. Here is a quick trade setup to enter long on Litecoin. Litecoin is heading towards the ascending line of support in the ascending channel. This line of support also matches the fib gold level which sits at $170-$180. I am looking to enter the trade around $155-$160, right on the support line of the ascending channel. This is not a guarantee because...
Hello All. Etherium is showing strength as it bounced off of the fib gold level at around $4000 and at the bottom of the descending channel. All percentages are measured from the time i am making this post Etherium is currently braking the previous all time high zone once again. We are looking to turn this level as support on the 4 hour charts, short term, and...
Mana went up 30% since my previous post and is now retesting the fib golden pocket at $3.965. This level can play a very strong support for mana if we stay above the 20 EMA on 4 hr. All percentages are measured from the time i am making this post Price targets for mana at fib 100 level sit at 25 % profit and level 161 at 70% profit. The fib 161 level also...
Hello all. In my previous post I showed the entry level for Solana. Today, we hit the exact entry level and we are up 15%. If Solana breaks the orange rising wedge pattern, it can easily go all the way up to the ascending line of support. This move is also measured by the rising wedge pattern and exactly corresponds with the top of the channel which sits at...
Hello all. Etherium is taking a dip as predicted in my previous analysis. The buying levels still stay the same and look even more realistic as we are seeing this correction. Etherium looks very strong despite the drop as we remain in the RSI over sold territory, and as of today still above previous ATH. The 50% trade plan is demonstrated on the chart above and...
Hello all. In my previous analysis we predicted that Btc was primed for a drop and we see it taking a dive today. Bitcoin is trading under 20 and 50 daily EMA. Bitcoin is also heading towards previously measured fib golden pocket at 50k-52k. This level of fib also corresponds with the ascending line/level of support which again confirms the entry point. wait...
Hello all. In my previous ETH analysis i predicted that ETH was primed for a correction and it is happening now. The plan is to wait for Eth to hit the ascending line of support which corresponds with the fib golden pocket at around $3400 and $3500. I believe once this happens this will be the last correction and we will see the so long waited blastoff. The exit...
Hello all. Looks like we found great support at Fib gold pocket at $1.75-%1.80 and we are primed for a move up. Also the ascending line played as a strong support on the daily. Consolidation will be over soon and we are looking at $3 - $3.2 price target for short term. This will be the top of the ascending line making it a 75% trade. Thanks for reading. Enjoy.
Hello all. Bitcoin is having a healthy drop and you should not panic. Take this chance to buy more Btc as if Btc is on sale for Black Friday. 50 EMA is currently playing as a support for BTC on the daily chart. However, I see Btc going down and retesting the up trending line of support as indicated in the chart. Buy it when it hits the up trending level of...
Hello all. Looking at Solana on a daily chart we can see sol perfectly trading in this uprising channel. As the entire market is taking a reasonable correction the plan is to wait and hit the 50 EMA which is also our support level at $190-$200. Entry at 50 EMA will guarantee a 60% to 65% profitable trade if we hit the 1.6 fib level which also puts us at the top...
Hello all. Etherium broke bearish out of the symmetrical triangle and as we predicted in the previous post, today it hit the measured move at $4200. Nothing to panic. Instead, be ready for eth retesting the bottom of the rising channel as indicated in this post which will put as around $3600- $3300 range. The bottom of this channel also corresponds with the...
Hello all. looking at chainlink on a daily timeframe we have two patterns that are primed to play out in a very short time. first pattern is the ascending triangle which is a bullish pattern. The breakout for this pattern will put link at $48. Second, the cup and handle pattern gives us two possible breakout targets target 1 $40 and target two $48. both ascending...
Hello all. looking at 1 week LTC Chart we can draw this perfect cup and handle pattern which gives us two price targets. Target one which is the measured price move of the handle, is approximately at around $740. Target two is the measured price move of the cup and puts us at $800 . This target also corresponds with the ascending/rising channel as drown in the...
looking at the daily chart mana stays above 50 EMA and in the over sold RSI territory. It is little early to buy mana at this point where it hit its ATH and is due to establishing a key support. In my opinion the best entry for mana is around $1.65 which corresponds with the 50 EMA on daily chart. Long term price target based on Fib retracement at 1.68 will put us...
Hello friends. Today we saw a small correction which put us back into the ascending triangle; while a week ago we broke out of this pattern and were on the go to $5750 which would also correspond with fib level 1.618. I believe this could be the final shakeout and we can go as low as $3600, and retest the up-trending channel. My realistic prediction for this week...