aloo2k

aloo2k

Hey everyone, While I do admit that I was a bit early in SOL's correction in my previous analysis, the correction happened. Now, we currently see a descending triangle. This is a bearish pattern. My target is 128$ in the incoming days. After this, the market is expected to go green and moon. Yours truly, Aloo2k

aloo2k

Hey everyone, Quick update on ADA. It looks like we have a symmetric triangle. While theoretically, there's a 50% chance to the upside or to the downside. However, with Bitcoin's recent pump, I believe that a correction is coming. With that said, I personally that we will have a follow-up correction with a target of approximately 1.90$ and 2$. Then, we...

aloo2k

Hey everyone, We just had a relief rally from the the well known Rektember month crash. But let me tell you this, unless there's more volume and price squeezes near the 48K and 49K resistance, we might expect a last and HEALTHY dump before we buckle-up for a 3 month rocket ship ride toward the moon as we approach the last part of the bull cycle. I expect a...

aloo2k

Hey everyone, Bitcoin hit our target and bounced from the 20 Week SMA and 21 Week EMA levels from the Bull market band. The level is also the same as the fibonacci golden pocket. While I expected volatility, I didn't expect to happen in a minute 😆 With that said, it looks like Bitcoin is respecting a rising parallel channel for a while. Under this hypothesis,...

aloo2k

Hey everyone, I'm back with another analysis and today, we will be tackling CARDANO! So essentially, ADA is LIKELY going to break-out to the upside! Why? Well we're in an ascending triangle, this is bullish for Cardano in the short term with a target of 1.618 Fibonacci level with a price of 3.38$. Also it looks like the MACD is sharing the same story with the...

aloo2k

Hey everyone, Here's the chart for Litecoin because it's very juicy. We currently have a bullflag. This is extraordinary because it's supported with volume and it looks like we're consolidating at the 0.382 Fibonacci level. Also, the MACD in the 1 hour time frame is showing a bullish convergence soon! If the bull flag plays out, we can reach the 0.5 Fibonacci...

aloo2k

Hey everyone, Just a quick update with Ravencoin, this crypto is showing an amazing chart for traders with a beautiful cup and handle formation. We might see an explosion to the upside due to the pattern. There's also the MACD converging in the daily. This will give the necessary push for the bulls. For targets, it can reach to the previous all time high. But I...

aloo2k

Hey everyone, Today, I'll be introducing Theta with a fundamental and technical analysis! Theta is a blockchain powered network purpose-built for video streaming. Launched in March 2019, the Theta mainnet operates as a decentralized network in which users share bandwidth and computing resources on a peer-to-peer (P2P) basis. The project is advised by Steve...

aloo2k

Hey everyone, Today, I'll share the fact that EOS is showing lots of room for growth and medium to long term holding. It's currently far from it's old All Time High at 21$ in 2018 (not shown in the chart) and broke to the upside from the descending triangle. I personally believe that EOS is undervalued! Why? Because EOS is a platform that’s designed to allow...

aloo2k

Hey everyone, I'm back with another chart. Currently, I'm looking closely at MATIC. We can see a falling wedge highlighting a bullish pattern. The validity of this pattern can also be proven with a decrease in volume as the channel progresses, meaning a big move is coming soon and expect higher volume as seen previously with the ellipses. Also, the RSI is...

aloo2k

Hey everyone, This is an update on my previous chart. While my trade didn't went as planned. Shorting should be less riskier than before. SOL is overbought again and it looks like there's some resistance from the upper channel. Targets are located at the bottom of the large rising channel, more specifically where the Fibonacci golden pocket is located. Trade...

aloo2k

Hey everyone, Looks like BTC is forming a symmetric triangle. This means that it has a 50% chance to go up or down. While I expected a correction in my previous post on BTC before going to the moon, it looks like there's a chance we might wait a bit before ACTUALLY having a correction. Targets stays the same with the Fibonacci golden pocket for resistance....

aloo2k

Hey everyone, Don't get me wrong, SOL is an amazing project. But I do think it's time for a correction. We previously saw SOL surpassing its all time high. It went to price discovery mode and went parabolic. The overall trend created an ascending channel. But now, in a small rising wedge. It's also breaking down. Therefore, this is a good trade. My first target...

aloo2k

Hey everyone, Welcome back for another analysis. Today, we will be analyzing XRP because it's showing a very good pattern for traders (both bears and bulls). We currently see a descending triangle as shown above. This indicates a bearish chart pattern as it first connects a series of lower highs trend line and a second horizontal trend line that connects a...

aloo2k

Hey everyone, Quick update on the Bitcoin chart. As you can see, things are going as planned with the technical analysis and we now have a clearer picture with what's coming. Today, the fundamentals was on our side at a very good timing. Let me recap what happened, the Federal Reserve chairman’s, Jackson Hole, did an address to begin tapering bond purchases by...

aloo2k

Hey everyone, Quick update on the Cardano chart. It seems that ADA formed a bearish pattern once again with the head and shoulders formation. The target will be 2.29$ which coincides perfectly with the Fibonacci golden pocket. That's where I'll be looking to re-accumulate compared to my previous analysis. If the current head and shoulders become invalid, you...

aloo2k

Hey everyone, I'm back with another analysis. This time, we're going to tackle Cardano. Fundamental-wise, today is a big day for Cardano. The network's native token ADA will launch on BitPoint in Japan. For technicals, price action went down most likely due to Bitcoin impacting the price of Cardano but there's also the fact of buying the rumor and sell the...

aloo2k

Hey everyone, Welcome to my first post on Trading View. I've been personally trading cryptocurrencies for a few years and I've decided to help my fellow traders by sharing my analysis whenever I do some. Do note that everything I share is NOT financial advice. Instead, grab a bag of popcorns and enjoy the story~ Buckle up because we're riding to the moon...