Nizekol

Nizekol

BTC broke above recent resistance level that is now acting as a support the target for my trade is at $18,000.

Nizekol

After the last leg up from July 2021 to November 2021 which followed the Elliot theory we have had an ABC correction. Which led me to suspect that we will be reversing soon, also the funding rates are very negative across the whole market (negative funding rate = more shorts than long = higher chance of short squeeze). What are your thoughts? Please share your...

Nizekol

We broke out of the symmetrical triangle on the 1hr time frame towards the upside and have retested it. My target is the Previous all-time-high of 65k. I am expecting a pullback once we hit the 65k level see my linked idea for further explanation DISCLAIMER: I am not a financial advisor trade at your own risk.

Nizekol

I have spotted an Elliot wave pattern on both the 4hr time frame and the 1hr time frame. We are currently on the 5th wave up which is the final wave up before a pullback I am expecting that in the short term Bitcoin will pullback slightly after hitting its all-time-high. A lot of people will be calling for a double top but I am confident we will hit 100k by the...

Nizekol

We have officially created a higher high on the RSI as well as on the price of BTC itself, breaking the bearish divergence we have been creating this entire leg up!

Nizekol

We have been creating a bearish divergence on the daily chart since the beginning of this leg up. We have also broken out of the rising wedge and got rejected by it. I am quite confident we would have a correction back down to $44,000 - $42,000 before going back up again.

Nizekol

XRP has just broken out of the symmetrical triangle after a huge pump yesterday. This is a bullish biased pattern I expect to have another leg up from here.

Nizekol

XRP brokeout of the bullflag on the 1hr chart, my personal price target is $1.30

Nizekol

Not only are we creating a bearish divergence not the RSI and the MACD, but we also broke-out below the upward sloping support line that has been holding us up for this entire pump. Possible retracement to $44K-$42K

Nizekol Updated 

BTC price retested and bounced off the falling wedge resistance line on the 1hr chart. I would be looking for a long here.

Nizekol

I think we would se a correction for bitcoin back down to 47k or even 46k which would definitely drag XRP down with it. It might go down to the next fib level which would put it at $1.10.

Nizekol

Symmetrical triangle patterns are bullish biased patterns, we have a lot of touch points on the trendlines I think we would have a huge pump coming!

Nizekol

I think we could see a retracement back down to the $1.20 range soon

Nizekol

A descending triangle has broken out to the downside but we have a hidden divergence on the MACD momentum wave. Doesn't look healthy for ETH right now, in the short term. However, I do believe ETH will be outperforming BTC in the coming months. But, the supply of ETH on exchanges are dwindling and the amount of interest the institutions have on ETH is a pretty...

Nizekol

RSI divergence and hidden MACD divergence usually suggests a reversal, however the symmetrical triangle breakout says otherwise what are your thoughts? I think we could see BTC rise back up to $40,000 within the next 2 weeks.

Nizekol

So yesterday, I noticed that we have been creating a bearish divergence on the chart for a few weeks, just wondering if this is what caused the crash or is just a coincidence that this pattern occured. I'm new here on the crypto market only been investing for a year, so please bear with me if I'm being ignorant or just dumb.