Hector_Bienvenu

Hector_Bienvenu

Hello everyone ! 
 Today the Black Cat Trader is analyzing ALGO based on a weekly chart.  
 What we can see : Pitchfork : Prices are stuck under the intermediary lower line of the pitchfork Pattern : Prices are building what seems to be a beautiful Cup and Handle pattern. 
 What we can expect : - If ALGO manages to break the median line of the...

Hector_Bienvenu

Hello everyone ! 
 Today the Black Cat Trader is analyzing BNB based on a weekly chart.  
 What we can see : - BNB just broke its symmetrical triangle and did the pull back we were looking for to confirm our entry. - Based on Ichimoku system, everything is fine except that we need to wait for the lagging span confirmation (still under the prices) 
 What we...

Hector_Bienvenu Updated 

Hello everyone ! Today the Black Cat Trader is analyzing CURRENCYCOM:GOLD on a Weekly chart. What we can see : Ichimoku system : Gold is actually located on a very important Level. This week, the gold price is located directly on the twist of the Kumo which is a sign of volatility to come. Actually, prices are supports by the Kijun Weekly at...

Hector_Bienvenu Updated 

Hello everyone ! Today the Black Cat Trader is analyzing BINANCE:BTCUSDT on a weekly chart. What we can see : Since the last distribution initiate in may following by the nice trend reversal that push bitcoin to 53K, today we get a strong rejection at this level to get back on support on the Kijun Weekly level ! Thanks to this configuration, we can...

Hector_Bienvenu Updated 

Hello guys Today we are analysis BINANCE:BTCUSDT on a daily chart. History : - In April the 14th Bitcoin recorded a new ATH to top at 64500 usd - Since April the 22nd , Bitcoin started its downtrend correction of -56% to finally range between 28K to 42k usd - Following by a nice bullish divergence on the RSI, prices finally started to go up on July the...

Hector_Bienvenu Updated 

Hi guys Today we are analysis BINANCE:MATICUSDT on a daily chart. History : - In may the 18th MATIC recorded its ATH at 2,68 USD - Since may the 19th, MATIC started its downtrend correction of -78% to bottom at 0,62 USD in July the 20th Thanks to the recent Bitcoin soaring MATIC break its downtrend correction line to regain the 1 / 1,14 USD area, with...

Hector_Bienvenu

Hello everyone ! 
 Today the Black Cat Trader is analyzing DOT based on a weekly chart.  
 What we can see : - A nice Cup and Handle pattern has been printed on the weekly chart. We can see that prices recently broke the neckline at 37.80 $ - Using the pitchfork (low : 3,60 high : 49,78 Low : 10,37) we can see that prices are stuck between the median...

Hector_Bienvenu

Hello everyone ! 
 Today the Black Cat Trader is analyzing ADA on a weekly chart.  
 What we can see : 
 * Using Ichimoku : ADA is showing us the perfect bullish configuration with Ichimoku. Prices are over the Kumo (cloud), the Kijun and the Tenkan, and the Lagging Span is above the prices. This is the configuration you want to see in a bull market. *...

Hector_Bienvenu

Hello everyone ! 
 Today the Black Cat Trader is analyzing ETH on a weekly chart.  
 What we can see : 
 
 - Using Ichimoku : Prices are located above the Kumo (cloud). On today’s weekly candle we can see that prices are stuck between the Kijun and the Tenkan. The weekly Kijun actually gives ETH a good support, but prices are below the Tenkan, which acts as a...

Hector_Bienvenu

Hello everyone ! Today the Black Cat Trader is analyzing LINK on a weekly chart. What we can see : - Using the « trend-based Fib Extension » on the last four impulsive waves, we can see that each ATH tops at minimum into the « 1.618 fib extension » (during the waves 2 and 3, prices top at level « 3.618 ») - Using the pitchfork, we can identify a strong...

Hector_Bienvenu

Hello everyone ! Today the Black Cat Trader is analyzing BTC on a weekly chart. What we can see : - By using the Andrew's Pitchfork into on one of the first BTC impulsive wave back in 2012, we can identify a very nice long term uptrend for bitcoin (Low = 2,25 ; High = 1163 ; Low 198) . Thanks to PF, supports, resistances and possibilities for futur growths...

Hector_Bienvenu

Hello everyone ! Today the Black Cat Trader is analyzing BINANCE:SOLUSDT on a daily chart. What we can see : Ichimoku system : According to the last bitcoin crash, Solana loses its daily Tenkan / Kijun supports. In fact, the previous Kijun support turned into a resistance that Solana must breaks to go higher. Bollinger band : The BB get closer and...

Hector_Bienvenu

Hello everyone ! Today the Black Cat Trader is analyzing BINANCE:LINKUSDT based on a weekly chart (Log). What we can see : We can clearly identify an ascending channel which is working perfectly since may 2019. From each of the swing lows to the swing highs the price increased about approximately 900%. Recently (August 2021) the bullish crossover on the...

Hector_Bienvenu

Hello everyone ! Today the black cat trader is analyzing BINANCE:CRVUSDT based on a weekly chart. CRV seems to show us a potential giant « Cup and Handle » pattern. What we can see : First, based on this pattern, we can situated our neckline at approximately 3,60 $ which is our major resistance. Secondly, we can considered the descending trend line...