Wolf_Of_Alt_Street

Wolf_Of_Alt_Street Updated 

After the big drop on 8th March, Coti has been moving in a downtrend making the Lower High and Lower Low all the while forming a BIG DESCENDING BROADENING WEDGE along with it which normally gives upside breakout. Right now, it has to face the resistance of 200-Day EMA (in green) and if it manages to close above it, in addition, take support over it then we might...

Wolf_Of_Alt_Street

This is the update of the previous analysis on BTC. Expected BTC to pull back which it did, but bounced higher from 43800 and now growing back up after the binance maintenance to 46800 resistance which was tested twice already. Remember - the more time resistance is tested the weaker it becomes. So don't short BTC on uptrend 😉 and here is the most awaited...

Wolf_Of_Alt_Street Updated 

This weekly-chart of BTC represents how previous rallies were followed by deeper corrections all the while comparing them with MACD. We'll notice some similar price movements, fake-outs and then breakouts. (i) The cycle starts after making an ATH by a big and strong impulse during the bull market, subsequently there's always a major pullback, hence a Bear...

Wolf_Of_Alt_Street Updated 

Matic started it's downward move since 19th MAY which was confirmed on 21st JUNE as it broke it's uptrend line which it was following since December 2020. In it's previous update we saw how it was trying to breakdown but when it finally did it crumbled below 50-Day EMA further trying to break below 200-Day EMA but surprisingly bounced back to the upside. Since...

Wolf_Of_Alt_Street Updated 

Bitcoin finally broke the trading range with a big green candle all the while managed to stay above 200-Day EMA and now trading above it right after it faced the 12% rejection last week. The overall picture is becoming more bullish, although it needs to hold above this range($42k-43k) to turn fully bullish and failure in doing so will lead to small retracement. ...

Wolf_Of_Alt_Street

Here's an analysis on LINK on a weekly time period and we'll observe the price full of fractals, self-similar repeating patterns at different scales. Also, we'll speculate on factors which will lead the future price action to it's next possible New All Time High (ATH). (i) It has been moving in an ASCENDING CHANNEL since 2019 with the middle line acting as...

Wolf_Of_Alt_Street Updated 

Yes, we all know how BTC gained 15% in only a few hours by the amazon news/rumor (still unclear) reclaiming the 50-Day EMA but and this one is a big BUT , it has yet to face the weekly resistance of $40k - $42k zone which has been rejecting it since past two months and is acting as STRONG RESISTANCE zone. Now if we look at RSI on Daily time-frame, we can get...

Wolf_Of_Alt_Street

📊ETH is forming an interesting chart pattern on a 1-hour timeframe, "DIAMOND TOP' and the last time it did the same was around 16th MAY on a daily timeframe, the price made it's ATH and then boom it dropped more than 50%📉 Although, this pattern usually leads to a price drop as it is a reversal pattern which normally forms on market tops💥 It will be...

Wolf_Of_Alt_Street Updated 

Here comes the move that everyone has been waiting for, the reason behind is today's BTC pump, which triggered the bullishness. Now, we know the official date for ETH's London upgrade is 4th August (just 9 Days away ) but the price has started the rally since 21st July with all green candles. If we look at the chart, we can see the BIG W Formation (Double-Bottom)...

Wolf_Of_Alt_Street Updated 

ETH is generating some visible volumes and has bounced back since the dip of 1800 lvl. As of now, in 4HR Time-frame we can see a clear formation of Falling Wedge which can give a breakout to the upside and take the prices to the mentioned lvls in green and for that to happen the bulls have to make sure it surges out of the "diagonal-breakout-zone" (in white) with...

Wolf_Of_Alt_Street

Bitcoin has been moving sideways since past few weeks and has failed to break to the upside but all the while has been successfully defending the 30k support lvl. As for the chart, it is forming a big DESCENDING TRIANGLE (in red) in a daily timeframe while in a 4hr timeframe it is getting ready to move higher to the upper lvls as it is forming an ASCENDING...

Wolf_Of_Alt_Street

ETH is following the king (BTC) as usual while still within a downtrend it seems to have formed a small " W-pattern " in a daily timeframe which looks quite enticing to breakout to the upside. If it follows the pattern correctly then the upper lvls will soon be in it's range (Mentioned in green) and it will possibly start a new leg to the upper...

Wolf_Of_Alt_Street

BTC is still stuck in a trading range (41k-30k) for 40 days and we haven't seen a good volume breakout yet. At the time, it is forming is a lesser known chart pattern Eve and Adam double bottom and if it manages to breakout we may see the lower lvls of 40k according to the pattern. Currently in order to keep the rally going, BTC has to breakout of this zone and...

Wolf_Of_Alt_Street Updated 

MATIC/USDT has been rising since Dec 2020 quite wonderfully while maintaining the uptrend. It has fairly taken support on "50-Day EMA" multiple times now and if by chance it breaks it this time due to BTC's movement than immediate support at "Uptrend Line" in white. As of now it is forming Symmetrical Triangle which has a potential to break either side (Upside or...

Wolf_Of_Alt_Street Updated 

ETH after making 5-strength waves (impulse) now ready to form C of the 3-correction waves ? For Educational Purposes only

Wolf_Of_Alt_Street Updated 

For Educational Purposes Only.

Wolf_Of_Alt_Street Updated 

The way this price structure has played out in 4hr TF it seems ETH is forming an Ascending Triangle according to which the price can be elevated to the mentioned levels in green after a breakout above the upper boundary. This case scenario is possible if BTC doesn't ruin the momentum, otherwise we may see the price moving in opposite direction. For Educational...

Wolf_Of_Alt_Street Updated 

In the previous analysis we saw BTC in a bearish pennant or a symmetric triangle formation which first broke to the downside but then an impluse brought the price back inside the triangle due to which now BTC in a daily time-frame is forming a DESCENDING TRIANGLE ( Lower Highs and series of Lows ) which is believed to be a bearish pattern and suggests that...