APEUSDT | Reminiscing to the date of release of APEUSDT, we can notice a bullish pennant pattern formation after a drastic fall from it's released price and presently we can see a sheer bullish descending pattern that was close to the pattern that was formed before the ignition of the last bull run. At the time of writing, bitcoin is trading in bearish patterns &...
USDCAD | What'd be the next price action? As we can see on the provided timeframe(1W), price tends to be reacting to the current double top pattern that's being formed by forming a bear flag pattern which has apparently completed its cycle. So therefore in the coming weeks, so far we do not see a BMS from "1.3 - 1.35" will validate this idea. If you had stumbled...
BITCOIN | From july 19,2021 till date, btc has apparently formed three bearish pattern which has been identified on the chart. The head and shoulder pattern has completed its cycle but then btc still continues with bear sentiment due to the breakdown at the resistance level($43.03k) which is the weekly support and the continuous bearish patterns formation. The...
Ape has been on rectangle consolidation since its lost support from its released price ($14.4) and its currently forming a bullish triple bottom in the pattern. Wait for a clear breakout from the first resistance in white before taking a long position to the highlighted tps in different colours. Ape can only make a new ATH if it closes above the last tp in...
VET has been ranging from the s/r levels by following a neutral ascending pattern and its currently at the verge of breaking out of the Resistance Level $0.0462 with the formation of a bullish double bottom pattern on 4hr timeframe. Wait for breakout at the Resistance Level $0.0462 to see if the current support would hold. A 4hr close above the level should...
Ethereum has been on a wide range downtrend and has also been susceptible to the indicated dynamic resistances. The provided chart shows the s/r levels and the plausible price direction in the event of a breakout or retracement. Considering the fact that btc is showing bull signs & Ethereum is staying afloat the second long wick area compared to the break below...
Bitcoin has successfully made a retest at the edge(bear flag's support area) but the major support area at $36.4k has been incredibly holding from seeing a crash in crypto. This major support area is registered as a checkpoint in the event of unexpected crisis, if btc can stay afloat the minor support at $39.3k this could be an ignition of a new bull season. Be...
Bitcoin is down again with a bear sentiment , $42k - $43k which seems to be an opportunity for support on the weekly timeframe has been lost seeing the candlestick below the zone. There is less than 48hours to see how the weekly timeframe would playout and also, as indicated on the chart, we can see a bear flag pattern which has just made a retest on the flag's...
Hiii Cohorts!! Trust y'all are doing great? It's been a long time i made TAs on cryptocurrency though it's bad meeting btc at the edge of a cliff. Well, this was very much expected because of the price action of btc completely corresponds with the technical analysis. At the moment, btc has formed a bullish inverse and head and shoulder pattern after an voluminous...
Chz made a vast uptrend in the previous week and that week's candle closed in a bad state and then the following week candle which would end today has retested the weekly resistance level at $0.54. The current pattern formation (ascending triangle) implies a breakdown or breakout of the pattern which have been indicated on the chart with trajectories, price is...
In the past months, prom made a plethora surge in price to $100 and then made a sharp retracement back to its support level at $8 while $17 was acting as the resistance zone. Presently, the $17 zone has been broken and is now known to be the new support level, prom continues to consolidate btw $17 to $21 which is the main resistance level. A daily close above this...
With the trajectories of icpusdt provided on chart, it shows a caveat of a broken resistance level ($47) on daily tf. At this point, icp is in a good state to buy and hold for the three specified tps. The state of bitcoin on daily tf entails a squeeze mode i.e accumulation phase and this would serve as a strong support level in the long run. The bullish state of...
TLM is at the verge of breaking out to reach the previous highs after series of trends and consolidations in the descending channel which has been forming since its release. Tlm made a sharp rise to $0.33 few hours ago but it got rejected and it then retraced to a new support level at $0.243 on daily tf, any further dip below this level will attract an intensive...
Small love portion (Slp) has started showing signs of an uptrend(double bottom pattern at the base of the chart) after it's failed to exhibit signs of a safe haven coin which lasted for three months.Presently, the rate of investment on this coin has been steadily surging and it's a good time to buy so as not to miss out. The analysed date for the uptrend should...
Hey everyone, its been quite a while. Dexe coin crossed my mind whilst taking a sharp analysis of the most rated coin "Bitcoin" and i really cant keep this on my archives. Dexe has two possible hits which are in side way directions, a daily close above the strong r level ($13.2) will validate an uptrend to the major r level at $15 then followed by a new uptrend to...
Hello mates, it's been a while since i made updates on Cryptocurrencies. Miss you guys and trust you enjoyed the last massive pump in bitcoin with its reflection on alts coins. Lately, bitcoin has been consistently making huge downtrends with quick uptrend reversals after the end of the massive pump to $52.9k. This downtrend process is known as correction period...
Btc followed the last analysis i published and its currently trading at the previous high ($50.5k), chart indicates a strong resistance zone that'd make it vulnerable to a huge fall to 44k in the event it fails to break. Double top pattern also seems feasible as the uptrend was effected by a double bottom which is basically how a double top evolves. Before taking...
Tlm has been in consolidation zone for a month with a fake breakout that happened in the past few days, and now tlm broke down inside the zone to retest previous resistance which are now acting as support. At the moment,it has retested and price is making an uptrend reversal to break the key resistance level and then to the specified price target. If price fails...