LA_Designer

LA_Designer

Ethereum is currently sitting around the .786 with over a 50% drop from the ATH since November 2021. If the .786 fails to hold, the bull's will have their last stand at the MAJOR support zone around $1,700 - $1,800. Daily RSI has dropped to 22, which is the lowest we've seen in 2 years. There is a chance we could see a reversal in the coming weeks. Here are the...

LA_Designer

For a different perspective, I inverted the BTC chart to show this massive rising wedge that has been forming the last 2 months. What goes up must come down. This rising wedge will collapse within the next few weeks. This is not financial advice. These are just my ideas and opinions.

LA_Designer

After more than a 60% drop from its all-time high, GALA is tightening up in a falling wedge pattern. This pattern is bullish. Once BTC starts to show strong reversal signs to the upside, we should see a strong push on the alt coins as well. This is not financial advice. These are just my ideas and opinions.

LA_Designer

GALA has maintained an upward support line in the month of December and has also formed a triangle pattern. Major upcoming resistances are around $.55 and $.63. If BTC is bullish in January, then we should see a nice breakout for GALA in the coming weeks. This is not financial advice. These are just my ideas and opinions.

LA_Designer Updated 

GALA retraced back to the .618 since BTC dumped. This is still a higher low from the previous larger correction, so as long as it holds above the .618 fib then GALA is still bullish. This is not financial advice. These are just my ideas and opinions.

LA_Designer

Log scale on the daily chart shows a retest of the trend line as support. If it falls below, then $45.5K would be the next level of support. Otherwise, it could bounce from here. This is not financial advice. These are just my ideas and opinions.

LA_Designer

Many alts, including the Metaverse tokens, have already shown strong bullish signs. As long as Bitcoin continues this bullish reversal, I'm expecting GALA to continue a push toward previous resistance between $.58 - $.63. If GALA is able to pass this resistance in the coming weeks (January/February), then GALA will push to previous ATH at $.84. If that gets...

LA_Designer

The chart above shows how I would see the next several months playing out for BTC if the bull cycle continues. Bearish if we get a weekly close under $40K. Merry Christmas and Happy New Year! This is not financial advice. These are just my ideas and opinions.

LA_Designer Updated 

If BTC reverses to the upside with strong bullish momentum, then CRO should follow. This support zone around $.48 - $.50 has held three times, which could be an optimal accumulation area. 100%+ gains from here to previous ATH at $.98. If this breaks $1 in the next few months, CRO will fly. Bearish scenario: If CRO breaks below $.47 with a full daily close,...

LA_Designer Updated 

There are two local zones of support, both of which will highly depend on BTC's next move. If BTC dumps below $45K, then it's highly likely that GALA will reach zone #2. I think that zone #2 would be a great accumulation area before the next move up. GALA can easily reach $1 on the next bullish move to the upside, which would be more than a 2x gain from here. ...

LA_Designer Updated 

Support Zone #1 has been tapped multiple times, with wicks between $2.82 - $3.06. This is a strong accumulation area. The only way Support Zone #2 gets hit, in my opinion, is if BTC dumps hard. Once MANA breaks bullish above this descending channel, then we can expect resistance in the low $4 region. In the coming months, I expect MANA to revisit the previous...

LA_Designer

After an epic drop over 200+ days, ICP is now near the bottom of two falling wedge patterns. If that top trend line breaks within the next few months, expect some big moves. There are plenty of coins out there that have dropped 90%+ over several months and sky rocketed after a long period of consolidation. That's just how crypto works. This is not financial...

LA_Designer Updated 

If Bitcoin dumps again, then expect ICP to hit near $20. This coin has been on a downtrend for months. Assuming that ICP ever has a parabolic run up to $100+ in the future, this could be a good accumulation area if you're patient enough. This is not financial advice. These are just my ideas and opinions.

LA_Designer Updated 

BTC looks like it is forming another bear flag / descending channel. Bullish: Must break above $53K Bearish: $46K breaks down to the low $40K's This is not financial advice. These are just my ideas and opinions.

LA_Designer Updated 

After a massive rally, BICO collapsed 75% from the top within a week of its release. There are a couple scenarios that could play out here: Bullish scenario: The upper trend line breaks and BICO reverses to the upside toward $10+ as its next target. Bearish scenario: The local support area breaks down (shaded rectangle) and we see prices between $3 - $5. ...

LA_Designer

On the weekly chart, it's pretty clear that SNX has been on a major downtrend for months. It broke past the .786 retracement and is now heading toward previous support from October/November 2020. Who knows if it'll ever reach previous ATH again, but if it does, it will be a massive run up. Be cautious trading this. This is not financial advise. These are just...

LA_Designer

BTC just broke out of the descending channel today, however, it does not mean it is bullish (yet). Here are the two short-term scenarios that could play out: Bullish scenario: Assuming BTC stays above $47K, it could push toward the next main resistance of around $52K - $53K. If we break through that, then it's most likely a reversal in progress. Bearish...

LA_Designer

I'm expecting BTC to test the local .618 around $46K. If that fails, then $42K would be a major test of support from December 3rd. This is not financial advice. These are just my ideas and opinions.