Bull : BNB keeps going up and sustains the previous breakout level found at the 340$ levels. Although a correction might be here soon, considering the multiple use cases for BNB, this will probably not last that long. Bear : we dip below the 340$ levels. Trade safely guys, this is not financial advice, only drawings on a chart.
Bull : sustains the price over the 190$ levels. The RSI shows a big bullish divergence that is currently playing out, price went to 245$ over the course of the weekend. Bear : we form a bearish divergence and dip bellow the 190$ levels. If this will be the case, the 140$ levels seems to be a big support. trade safely guys, this is not financial advice, only...
Hi guys, If we watch the chart we can see a series of lower lows, higher lows & lower highs. This tells me we are consolidating before the next move. We notice the fact that since the 13th of March we didn't manage to make a new ATH. This day actually coincides with the big black swan drop we've seen in 2020 (Covid panic sell). Probably March the 13th is the...
Hi guys, On the chart you will find a potential bulls scenario for PERP coin. I am bullish on this project and I have been following it for about a month and a half now. we need to get a breakout confirmation to follow thru, my entry is at 6.40$ ( see previous scenarios ). The confirmation for me is a 4 h close over the 10.40$ area. Always DYOR, this is not...
Hi guys, my scenario is valid as long as we get a bounce from the 2.000$ levels. It's only price discovery from here. On the opposite side of things, I personally still have buying orders in the 1300$ levels area. Trade safely guys, this is not investment advice, just educational content.
Hi guys, BTC has been slowing down in the last couple of weeks so it's pretty hard to estimate what the next move will be. We are seeing the total market cap on the rise which suggests the bull market will continue after this correction. For now all we get from the chart is a lower high and a lower low. Currently we are travelling to oversold RSI, but not there...
Hi guys, me might just get another crack at the 17$ levels. Entry 15$, SL 14.70, TP 17$. Not financial advice ! I've been watching this for a couple of days now. We might finally get the breakout I'm waiting for.
Hi guys, as you can see PERP broke out from the paralel channel after doing a complete Elliot waves cycle. I charted the possibility of another impulse wave that is currently on wave 1 of 5. Cconsidering the rounding bottom and also the Fibonacci extension level at 2.618 I think we might see the 9 $ levels very soon. I also posted a related 2 links from last...
Hi guys, ETH is currently retesting the lower side of the triangle. Bull : we get back inside the triangle and head back over the 1.800 $ levels Bear : we keep going down to the 1.330 $ levels, x marks the spot :)
Hi guys, BTC has been moving inside the channel since it touched the 62.000$ levels a few weeks ago. I think a more decisive move will come in the next couple of days. The altcoin market has been very profitable making life changing gains for almost every trader in crypto. Some big gains were made trading UNFI, WING, PERP. ANKR. Let's see what could happen next...
Hi guys, we are seeing the correction projected in my previous scenarios. Bull : the 51.000$ levels holds and we enter a period of accumulation breaking out of the bull flag to the upside. Might be here or lower as drawn on the chart in the 46.000$ area. if we get there and the support doesn't hold then ... Bear : the support at the 46.000$ area breaks and we go...
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Hi guys, It seems my previous scenario is playing out. If this is the case you will find a potential pathway on the chart drawn based on Elliout waves impulsive 5 wave count. Bear : follows the path drawn and defeats the support at the 51.000 $ levels in the direction and probably has a final destination at the 37.000 $ levels in the near future. Bull : we get...
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Hi guys, seems BTC completed the 5th EW and also the correction wave B and everybody is expecting a big correction before the next move up. If this is the case, I think wave C could take us to the buy zone at 36.500$ ( maybe lower ). Take into account that BTC usually doesn't care about what everybody thinks/wants to happen so don't be surprised if we go to the...
Hi guys, this is more of an update to my previous scenario with some focus on the bearish outcome. I can see on the macro scale an ABC Elliot waves correction in the making. This is supported by the overbought RSI and the decreasing volume. Against it we can consider the fundamentals and maybe the USA approved aid Also check my previous chart in the related...