RizeSenpai

RizeSenpai

ETH/BTC has broken a geometrical down trendline on the weekly and looks to be trying to start a new Bullish trend against Bitcoin. With it now sitting right at a very key Resistance Zone that ranges from 0.02618223 to 0.02877095 Bitcoin. If We can begin to maybe develop some bullish candle bar patterns at the bottom half of the zone on the daily then eventually...

RizeSenpai

Last year i posted a bullish butterfly on BAT/ETH and it very much outperformed our targets it was great. The butterfly was mostly only visible on the 4hr and a bit on the daily. Well now it seems that the price actin we got out of that has given us a nice much bigger visible on the WEEKLY Bullish BAT pattern With buy targets between 0.00098795 and 0.00092667...

RizeSenpai

Call it a double bottom, Bullish pennant, Ascending triangle, or simple accumulation; No matter how you look at it LINK is looking promising.

RizeSenpai

BTC has been showing some strength in the new year and has formed somewhat of a bearish shark that may very well turn into a Bullish 5-0, I have two paths here drawn out for the scenario that can play out if BTC pulls back at $14k. One is a pivot from the 50 percent retrace and the other is the 61.8 percent retrace at around $9600 which is confluent with a strong...

RizeSenpai

TP 235 SL 173

RizeSenpai

XLM has been on the down and down for years now but it looks like there might be a chance for it to breakout. Given the right conditions I believe XLM could break to atleast 9 cents in the near future. For longer term targets assuming we can hold prices above 9 cents, our next target would be straight to 13 cents, then 19 cents This will all be very likely so...

RizeSenpai

Usually when measuring the retracements for potential harmonics we use the Linear Fibonacci scale but i think it might be acceptable to use the FIB tool adjusted for log scale in certain instances and this is one of them. Pay no mind to the numbers auto generated by the Cypher tool as those numbers are only Linear scale retracements and the tool doesn't have a...

RizeSenpai

So I have had this idea that the total market cap itself might be forming a cup with handle pattern. At the very most i can see the rounding bottom and now it seems we have begun to retrace. Typically we don't like to see too much of a retrace on the way down something around a 50 percent retrace from the low to high is preferred. On the chart i have noted that...

RizeSenpai

Across multiple cycles LTC has always been the first mover rather it be for the upturn, downturn or even pattern development. And now we see that ETH is in a falling wedge but is yet to test the 0.786 fib retrace; meanwhile LTC is very very close to it's 786 retrace and is now closing in on it's most important zone of support. If the trend of LTC leading ETH...

RizeSenpai

So here's a trade setup that I have been looking at since mid September. Dash in a falling wedge at the bottom of it's channel that it's formed over it's entire lifetime with a massive 100%+ measure move. The recent pump and dump had me worried that it may have already played out but the pattern is still there and this is hard to overlook. My Targets: Buy zone...

RizeSenpai

Right now ETH looks like it's currently within the parameters of a falling wedge it's also broken down through many of the major support levels that is has created during the start of the bull-trend and has so far been treating the old support as resistance. The breaks of support had resulted in an over all dip of around 60% from 2019's all time highs but since...

RizeSenpai

Dogecoin has reached a level of support that it has held for the entire life of the chart and is now making slightly higher lows it may be setting up to atleast test the downsloping resistance . Along with that Doge appears to be in a range bound environment and it's currently making higher low quite close to the bottom of the range. A low balled Measure Move of...

RizeSenpai

So i have already posted a chart of my Bullish outlook on the BTc pair for LTC so far so good. Now i think it's about time i do the USD comparative. As you can see in the chart we are in a major area right now and we seem to be trying to get above and out of it and at the same time we seem to be forming a harmonic pattern. it's a bearish one but one can go long...

RizeSenpai

Just a quick little idea i have recently been reading up on some harmonic patterns and Decided to make this my first call. BAT ETH is showing some bullish divergence on the MACD as it's volume recedes the RSI isn't as clear but BAT is in this potential butterfly pattern i have have 3 potential targets plotted. Lets see how this plays out.

RizeSenpai

Litecoin is nearing the end of it falling wedge for it's BTC pairing. The measured move of this pattern is massive with a 93-105% return. The Target of the move for this wedge is confluent with the 0.786 fib retracement and it's showing some extreme amounts of divergence on a critical historical support level on both the MACD and RSI. Look for a potential...

RizeSenpai

I'm back with my first chart since May 17th where i stated that we may see a huge move in bitcoin in June to Early August if you are interested in that idea it will be linked in the related idea section below. Now on to the CHAINLINK analysis. On the weekly we are forming a bullflag on LINK that is very much visible on the Heikin Ashi candles and is fairly...

RizeSenpai

So i took the fib timezone indicator from our ATH to our recent swing low and dragged it to the Last Swing Low before the initiation of the last bull run and it gave out some interesting results. Each Time fib managed to almost perfectly correlate with a major price action and also a change in market sentiment. I was actually quite shocked with this thought it...

RizeSenpai

Everyone reading this is probably aware of the insane amount of gains made on BTC over the past couple weeks; I made an idea explaining what i think is going on with BTC right here if need be refer to that idea to understand what i'm saying about LTC, without further rambling lets...