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Pattern: Rectangle on 4H. Signal: Scalping as long as the Resistance and Support zones break. (A) Buy if the Resistance breaks, (B) Sell if the Support breaks. Target: (A) 1870 (just below the 2.0 Fibonacci extension), (B) 1760 (just above the 1750 1D Support). ** Please support this idea with your likes and comments, it is the best way to keep it relevant...

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With all of Bitcoin's aggressive rise last week, a formation that went unnoticed by many was the Golden Cross (when the MA50 crosses above the MA200) on the 4H time-frame. And quite deservedly as the last 4H Golden Cross on June 17 failed to deliver a rise. The current one however managed to overcome the July 27 drop and instead break above the $41000...

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Pattern: Channel Up on 1D. Signal: Buy as the price is about to complete an Inverse Head and Shoulders within the Channel, similar to January/ February. Target: 36450 (the 2.0 Fibonacci extension). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **...

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Last time I looked into this very informative ratio was in late October 2020, right before Bitcoin started its new Parabolic Rise: The Triangle broke to the downside and that heavily favored BTC against Gold in a diverging trade trade that few...

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Ethereum Classic broke this week above the 1D MA50 (blue trend-line) for the first time since June 04 but has so far failed to convincingly close above it. However there are a few bullish indicators to keep an eye on as a rally may be in the making. I have used the Pitchfork to illustrate a few key trend-lines. First I'll start by highlighting the significance of...

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VETUSD is now one of the most undervalued coins in the market while at the same time having one of the strongest technical supports to start a multi-month rally. As you see on the chart, the price bounced 10 days ago exactly on the Higher Lows trend-line of the Fibonacci Channel and broke above the 1D MA50 (blue trend-line). The sequence resembles a lot the early...

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XLMBTC is testing a Support level (0.00000645) that is holding for the whole year (Jan 06 to be precise). As longas this holds, there are good chances for an aggressive rebound back to the Resistance (0.00001615) or even to the higher Fibonacci levels. If that 1st Support though breaks, I am expecting a test of the lower Support Zone (green), which upon contact...

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It was symmetry off the Triple Bottom after all that moved Bitcoin, a pattern I posted 1 week ago as seen below: There are two important developments now: (a) The price is testing the 1D MA100 (green trend-line) for the first time May 12 and (b) It closed yesterday eight (8)...

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Pattern: Triangle on 1D. Signal: Buy as the first Higher Lows have been spotted on the 4H time-fame. The 1D RSI has been on a Bullish Divergence. If you seek confirmation you may wait until the 4H MA200 (green trend-line) breaks, as it happened on the previous bullish leg within the Triangle. Target: 1.2000 (the pivot point) short-term and 1.21750 (just below...

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Pattern: Triangle on 1D. Signal: Sell once the price closes below the 4H MA50 (green trend-line) which has been the sell confirmation on the previous bearish leg of the Triangle. Also the price got rejected on the Lower Highs trend-line of the Triangle. Notice how the 1D RSI has been on a Bearish Divergence. Target: 90.000 (a little over the 0.9 Fibonacci...

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ETH closed above its 1D MA50 (blue trend-line) for the first time since the May correction. Since the March 2020 COVID collapse, that has been an early indicator for an upcoming rally. On this post, I've plotted the Fibonacci Channel on Ethereum's price action since March 2020. As you see the RSI is also a rough indicator of when the price tends to break above...

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Pattern: Channel Up on 1D. Signal: Buy as long as the 1D MA50 holds or if the Channel Up breaks upwards. The pattern resembles the Nov 2020 - March 2021 Channel. Target: 16500 (the 2.0 Fibonacci extension). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **...

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Pattern: Channel Up on 1D. Signal: Buy if the Lower Highs trend-line breaks or if the MACD forms a Bullish Cross. Target: 80.00 (below the 1.5 Fibonacci extension). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **...

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Pattern: Head and Shoulders on 4H. Signal: (A) Bullish if the Lower Highs trend-line breaks, (B) Bearish if the Support Zone breaks. Target: (A) The Higher Highs trend-line, (B) The Lower Support. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **...

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So Bitcoin rallied aggressively to approach the June High in the aftermath of the Apple adoption rumors and other bullish news. In doing so it hit the 1D MA100 (green trend-line). If the sequence since the May 19 low is indeed an Accumulation Phase then based on the previous two phases of this Bull Cycle, a 1D MA50/ MA100 Bullish Cross is needed to confirm that....

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Pattern: Triangle on 1D. Signal: Buy when the Lower Highs trend-line breaks. The pattern appears to be following the previous similar Lower Highs sequences within the Fibonacci scale. Target: The 2.5 Fibonacci extension. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **...

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Pattern: Channel Down on 1D. Signal: Buy if the 1D MA100 (green trend-line) breaks. If not and a Death Cross is formed instead, expect a Lower Low which will be the most optimal buy signal. Target: 130.00 (the 1.618 Fibonacci extension). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **...

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The price is trading within the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line) since May 19. A Death Cross is emerging and the patterns looks similar to that of May 2019. If that continues to play out, a test of the 2021 low is expected. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me....