BTC 4hr on its way to 49k but will be plagued with resistance and could drop hard once it hits that 50K area resistance
FTM 1day standing strong against BTC with increased volume continuation will require further volume spikes from the L1 protocol Fantom
BTC weekly the most-watched BTC chart for 2022 anticipating a close outside 46k which could propel a fomo of spot buys into 50k over the next weeks maybe higher through the end of April. We will wait for a retest before adding around this resistance but the risk is the fomo kicks her higher without your bags onboard
FTM 1day is at around a 68% discount after the double top blow-off to complete a 100%> correction of its last rally into the $3 territory to be rejected for the second time We started our DCA scale entry buy orders in from 1.05 oc always be diligent watch the king for weakness another drop will be on the cards unless BTC continues to slowly grind skyward
FTM 1day price has made two major corrections in four months Nov-Dec 2021 and Jan-Feb 2022 both went deep into the 786 fib retracement area The first bounced hard off the 200ma and made it back to the 3.35 ATH resistance to form a double top into the last retracement We now see the confirmed bottom at 1.31 has made it back to local resistance at 1.95 Increased...
BTC 4hr looks set for a longer period of sideways chop above the 41.5k support area before heading back to test the 50k resistance
BTC 4hr is again forming into a symmetrical triangle pattern which cannot be biased there almost always will be a decent move either way as the squeeze tightens Some factors favor a bounce like a rising rsi into increased volume since the 32.9k pivot On the other hand the daily chart has not confirmed a bottom yet The bulls have been winning the battles on the...
BTC 4hr is toeing the line to 29k still at this point In a decider the bears and bulls are at the midway point between the breached 40k support and the 29k support Expect more volatility soon as the decider unfolds to expose the path for the next move We are 50/50 this little relief was on lower volume which indicates weakness but we have not seen the bulls flex...
BTC 1day I don't find the head & shoulders pattern tradeable but its accuracy is high and it's interesting to see the play unfolding here with price breaking down below the neckline There is a lot of support structure between here and $37.5k but if this plays out it will be a $29000 BTC reset
BTC 4hr moved out of the flat-bottom triangle bullish pattern and moved up again after a successful retest Still within a bigger symmetrical triangle which will test future short-term direction soon enough Either we go down to $40.5k for a 3rd retest and hope that holds or we head on up to $46.5 after some longer-term downward trendline resistance around $45k...
FTM 4hr is completing the Cup & Handle bullish pattern maybe a bit more pullback here before confirming a reversal Next target 3.80 with maybe not too much rejection at the 3.50 ATH resistance then 4.80 target area
FTM 4hr is looking like it's about time to apply some pressure at least back to the 2.50 area turn support and see how the follow-through volume is there target 2.55 - 2.60 find support then 3.20
Bitcoin 4hr price has been forming a flat-bottom triangle technically a bullish pattern being bought up aggressively at the $40k to form the triangle bottom But are we at Max Pain here? Maybe not!!
BTC 4hr showing the trip to $40k might not have arrived at its destination quite yet with the price action in a Bearish Pennant bearish signal trapped in shorts If the bulls don't step up and we lose the bottom here it could start the trip to $30k over the next 2-3 weeks
CRV 1day looks good for bullish continuation of higher prices if BTC doesn't break down over the next few days A classic Cup & Handle bullish pattern is almost completed Look for the breakout of the handle for entry with next resistance at $6.40 recent high (top of the cup) First target will be the C & H extension around $7.75 upward to $8.60 area
FTM 1day we increased our Fantom Ecosystem total investment early today by another 12% we have early indications of a 2x rally incoming pretty soon LFG!!
FTM 1day parameters reset and looking ready for a serious moon rocket rsi and macd positive price is at local and downward trendline resistance and will need extra volume to penetrate this 2.00 area but BBs are turning with the 10ema under the candles for bullish support There is some resistance past this key level but 3.50 ATH looks inevitable before onwards to...
BTC 4hr shows bullish divergence between the rsi and the candle tops downward trendline and did breakout to the upside out of our flat bottom triangle right where we had the upside arrow. Price has retested this breakout area but needs increased volume for continuation