FrenchysCrypto

FrenchysCrypto

ETH building support on the 100- and 200-Day EMAs in confluence with the 61.8% level from yearly highs of $360. After a 50% retracement, ETH is ready for a 50% rally.

FrenchysCrypto

#ETH #Ethereum fell through the upward-sloping support and back-tested with a quick rejection. A tentative descending triangle pattern has formed and a break-down and re-test of the 100-Hour EMA may accompany the price on its way toward pattern targets of ~$208.

FrenchysCrypto

ETH has found some resistance at the 100- and 200-Day EMAs after confirming a bullish 12- and 21-Day EMA cross. The price may need a back-test to confirm some lower levels as support. Regardless, my next target is around $240.

FrenchysCrypto

Daily fractal pattern on BTC is looking to resolve within days. Currently grinding resistance and may be considered a bullish bias.

FrenchysCrypto

Ethereum weekly fractal pattern shows harmonics that may signal an eventual decline to test new lows (below $80). Of course--this pattern will depend highly on Bitcoin. But, for now, I expect this pattern to continue with Ethereum re-tracing toward $210 - 240. Once it reaches upward toward the resistance once again, I expect a bullish Bitcoin may also break...

FrenchysCrypto

#EOS #EOSBTC is leading the market and outperforms all large caps (including #BTC #Bitcoin). Look here--decent pattern breakout leading into a confluence of indicators far above the price. The first target on EOSBTC is roughly ~37% to the upside (~4750 Sats). #Crypto

FrenchysCrypto

#ETH looks extremely healthy on the weekly time frame with the price taking a breather between the 50- and 100-Week EMAs ($230 to $260). It seems all but inevitable that #Ethereum will head up to poke the never-before-been-tested prior support of $350-400 region. Details inside.

FrenchysCrypto

BTC has launched off of a 12- and 26-EMA cross (on the 3-Day time frame). The price has also confirmed a support/resistance flip by rejecting off the 200-EMA (a significant prior support level) before correcting back to an area of historical resistance. BTC must maintain candle-body structure above $4,735 to maintain bullish confidence.

FrenchysCrypto

A triple (bullish) cross of the 12, 26, and 200-Week EMAs has catapulted LTC right through the 52-Week EMA resistance, with the help of BTC (of course), resulting in a net gain of 42%. The next level of heavy pushback lies from $90-95.

FrenchysCrypto

BTC has rigorously tested exponential support and may finally be ready for the test of $4,100 it has been waiting for. A cross of the daily SRSI and consistent bullish volume also give the market confidence to test higher. However--several macro indicators still show a large correction may come at any time.

FrenchysCrypto

ETHBTC has predicted previous market rallies by forming a double-bottom pattern in confluence with a bullish cross of the 12- and 26-Day EMAs. This pattern appears to be playing out again--as long as this daily candle can close and confirm this third bullish EMA cross.

FrenchysCrypto

ADA has entered a channel of little resistance and price discovery. Measured ascending triangle targets coincide with the next likely levels of candle body resistance.

FrenchysCrypto

BTC appears to be in an ascending triangle pattern on the daily time frame--consistent in volume and trend to the last (Christmas) rally. A squeeze between the 12-Week (3-Month) EMA and the 25-, 50-, and 100-Day moving averages may give BTC the support needed to make another test up towards the $4,040 price level.

FrenchysCrypto

BTC may repeat history by forming a third falling wedge pattern on its way to re-test the 200-Week MA. In any case, it is still possible for a final leg up towards the $4,000 price level for a final rejection in this bearish case.

FrenchysCrypto

BTC is just a few daily candles away from a tentative bullish cross of the 50- and 100-Day moving averages--this coming just two weeks after the 50- and 100-Week moving averages confirmed a bearish cross.

FrenchysCrypto

BTC may be displaying a rising wedge pattern on the weekly time frame. Tentative targets coincide with the 200-Week MA.

FrenchysCrypto

LTC has formed a symmetrical triangle/bull pennant formation on the hourly time frame. Upwards and downwards breakout targets are $60 and $52.50, respectively.

FrenchysCrypto

ETH appears to be back-testing potential old-support (new-resistance) levels both in its price action and on the RSI. With the 4-hourly 100-MA just above, the price may now look to test downwards toward several support levels and moving averages.