- Swipe looks terrible on the daily / weekly timeframe. - We have a descending triangle that is currently breaking down. - I do not see any bullishness on this chart. - Another 57% DROP is expected, then we can retest the triangle.
- This is a bullish scenario for Bitcoin, if this scenario is wrong, then now we should see a small ABC to the upside (40-42k) and then another small 12345 Impulse down to 20-30k. - For now this huge ABC correction has been completed succesfullly, but we do not know yet, if this major ABC correction turns into 12345 Impulse to the downside. - The price is...
- If you want to buy gold on Binance or any other crypto exchange, you can buy PAXG, which seems like a good alternative to traditional ways. - You don't need a bank account or brokers to speculate on GOLD price - You can buy gold (PAXG) with bitcoin or USDT. - It is possible to use leverage on FTX with PAXGPERP futures. - PAXG is practically copying the price of...
- On the weekly chart we can spot a descending triangle, the most bearish technical pattern. - Currently, the triangle is breaking down with strong bullish momentum. - Another 40% drop is very likely at this moment. - Next support is bottom of the blue trendline and horizontal line from 2019.
- Cardano is not looking good at this moment. - We have the lowest new weekly candle with low at 0.917, which is the lowest value since 22 February 2021. - Head and Shoulders pattern just broke down with strong momentum! - Also the impulse Elliott Wave finished with 5 waves successfuly. - The price is below the main trendline established in March 2020. - Next...
- ATOM is one of the greatest looking coins at this moment on Binance. - We can see on the weekly chart an inverse head and shoulders pattern with tripple TOP resistance. - ALL coins dropped hard, but ATOM's uptrend is still intact as the ascending channel still holds. - Check my related idea about ATOMBTC chart below! It is very bullish.
- Elrond - EGLD - Rank #42 - We have a huge falling wedge on the weekly chart which is currently breaking down! - The Elliott wave completed successfuly with 5 impulse waves (ending diagonal wedge). - Bearish target is 0.618 FIB or bottom of the wedge!
- We have a huge falling wedge - reversal pattern on the weekly timeframe. - Looks like LTC can finally pump in the near future and 2022 can be a great year for litecoin again (make litecoin great again). - If you take a look at RSI indicator, we can spot a bullish divergence. - Profit target is 0.618 FIB retracement.
- Theta was one of the most bullish altcoins in 2020-2021, but now the situation has changed. - As always i checked all altcoins on Binance and 95% of them are turning bearish, the situation is not looking good. - The price broke out of the ascending channel on the weekly scale. - Also we can see a huge descending triangle, which is very close to break down in the...
- STORJ - Rank #128 - Token. - On the weekly scale we can spot a beautiful ascending triangle, bullish pattern. - Also the price recently broke out of the falling wedge with a successful retest. - We can target a previous all time high as a profit target.
- ATOM is one of the great looking coins on the crypto market right now. - On the weekly chart we can spot a head and shoulders - reversal bullish pattern. - Also ATOM vs USDT looks very nice for upcoming uptrend.
- Impulse Elliott Wave has been completed with 5 successful waves. - Now the main ascending channel is being destroyed by bears. - Looks like the bull market is over for 90% of all altcoins. - Only few altcoins can survive long term, maybe FET can be one of them, but we need a correction first before another push to the upside. - HODL Is a bad strategy for...
- The current situation for TRX on the weekly timeframe is not looking good right now. - The price is now below the main trendline established in March 2020. - Also we are breaking down from the ascending broadening wedge.
- The price is currently breaking down the trendline established in Jun 2021. - As we can see on the daily timefrrame, there is a huge rising wedge that is currently also breaking down. - Looks bad as the bearish head and shoulders pattern is also breaking down the neckline. - MACD bearish cross on the daily/weekly chart.
- Avalanche is currently breaking down on the daily timeframe. - We can spot a rising wedge - bearish pattern. - 0.618 FIB retracement is the target.
- MKR is forming an head and shoulders - bearish pattern on the daily chart. - On the weekly chart, we can spot also a huge descending / symmetrical triangle. - The situation is not looking good for MKR at this moment as bears want the price to go lower. - I think below 2100 are lots of stop losses and stop market orders are waiting to be triggered.
- Ethereum started to drop really hard past days and this trend should continue. - Ethereum is still oversold compared to bitcoin, if you take a look at coinmarketcap. - The chart is printing a descending trriangle, which is currently breaking down. - Also the trendline is destroyed by the bears today! - Bearish divergence (RSI) + pin bar on the monthy chart ETHBTC.
- Cardano is currently breaking down with high bearish momentum. - The price is now below the trendline and looks like we will experience lower prices - Also Elliott Impulse wave finished succesfully with 5 waves. - Monthly MACD indicator now enteres bearish cross.