Target is the descending trendline above.
We just retested the resistance to confirm as support, so great entry here!
Please see related idea for long term view on this market. This move is starting to confirm this other macro idea about the long term bull market starting at the close of the month.
Monthly MACD Crossover could happen at the close of this month, along with a bullish inside bar candlestick pattern. This could be a catalyst for a parabolic bull run like none ever seen before in history.
This could be THE most critical month in crypto history for deciding if the bull market is happening in it's truest form.
We could even see a cup and handle...
Hello everyone. I recommend to read part 1 of this analysis before continuing if you have not. If you a follower, then welcome back, and I just wanted to say thank you to my new followers as well who have been waiting for this one.
To put it simply, my original EW count has been invalidated by this gruesome price action over the weekend where no doubt many stops...
Hello everyone, I'm back from my holiday! It's good to be back. I missed looking at the charts and making new analyses, but I did keep up with reading the news in the space.
Let's get into the chart. What you are looking at is the log chart for chainlink on the 4 hour. This means that unlike the linear chart, it increases by orders of magnitude
rather than 1...
Target is the wave 5 1:1 extension.
Not much else to say about it but we keep going up. Will update with smaller movements so please don't forget to leave a like so you get notified when I make an update. I realised that even if you follow someone, you don't get emails when they update ideas by default, but if you like the post it does notify you!
Welcome to the games. I just want to start by saying that this is some of the most OBVIOUS market manipulation I have ever seen and this gives me some serous doubts about the long term health of this market. It seemed like before we would reach our target of around 24k sats region, but we ended up taking profits at the 22k as we started to turn downwards. I posted...
As my followers know, I've been following alts pretty closely. Many alts have been following the same pattern to the bitcoin pair, with one downward sloping trendline connecting the wicks of the lows from the last week or so. This tells me that a lot of alts are finding support, and possibly even preparing for the fabled ALT SEASON.
However, Litecoin is quite...
Shorting this ending 5th wave diagonal. Target is a strong support and 0.618 fib level. Pretty ideal setup here. Already dropping down as I write this.
(Click and drag the price to scroll on chart)
Please don't forget to leave a like!
See also: ONE trade (AMA with chainlink tomorrow) ;)
EW count says it all really. Target is 0.003232, or a 90% drop from here over the next few months.
First target will be the 0.026 region. Depending on the bounce there, we can decide if this 90% drop scenario will play out. Stop should be on that white line.
A closer look at the elliott wave count. Note that we broke the...
On this chart, we have a crypto specialty, the symmetrical triangle, where the target is generally the height of the triangle. However, these have not been the most reliable in recent times, so I'd recommend taking some profits on the way up.
Everything is looking good for the next few hours. MACD crossed over. RSI ticking up, and lots of volume. Target is equal...
Shooting star candle on D1... We should create a lower high today and that will trigger a big drop of about 1000 points in the coming days. 5 green daily candles in a row. Not sure this looks so strong for the near term.
Forming a bearish wedge in the next 30 days or so. Short term target is bottom of the wedge. Stick to the stop loss above previous high.
Welcome back to the Church of Nazarov my children.
No but seriously, I know it looks like the interior design of Moscow Cathedral or a failed early Windows distribution, but hear me out. You may recall I made a similar one to this a couple of weeks back. I've been experimenting with gann patterns and ideas a lot in this time which I haven't...
It's time to take a long term look at ETH. This effect can be made using the fib retracement tool and pulling it from the recent bottom to recent high, and applying all common fib levels higher than 1. Interestingly, the ATH would then be at 7.382. As there's been a lot of noise in the market lately, so i thought I'd sit back and take a nice long term look at this...
A new analysis that mirrors one of my previous analysis for bitcoin. You can see both triangles on this chart.
Previously, the big triangle that took up to the 9k region did not hit exactly its target at 9200, so I have made a more conservative estimate for this triangle, measuring it at around the same point on the previous one, proportionally to its size. Also...
Hi everyone. It's time for another glorious BINANCE:LINKBTC analysis. So far I've been on the money pretty well, so be sure to pay attention to this one. I recommend that new readers check my previous trades for this coin.
I'm back from my holiday, so as promised, here's the new analysis! The ABCDE scenario I outlined last time has been invalidated already as the...