ammypatt1987

ammypatt1987

Hello All, Chart 1: One of my favorite tool for TA analysis is use of Fib rings. In this chart we have a very old Fib ring (I published it on Jan 2020; see below link) which still proving very crucial for BTC price action. In the chart the White ring marks 2.618 Fib ring, this ring was the one to predict 2017 top of BTC at 20000, 2018 bottom of BTC at 3150 and...

ammypatt1987

DXY: One chart you MUST pay attention to. For chart like DXY, I only prefer higher TF analysis like Daily, 2D, 3D and Weekly so I will take you through these TFs one-by-one. Daily TF: Here we see DXY gave us perfect ‘Swing & Catch’ play from the Trend Maker indicator. Which also pushed DXY above the Daily TM ribbon (Red). From here we could expect DXY to...

ammypatt1987

Hello Everyone, Here on the BTC monthly chart we are going to have a most important monthly close today. BTC historical data shows us that, whenever BTC closed monthly above the previous high, it went on another parabolic move. First time it was almost 440% move and second time it was almost 930% move. Similarly, once we have this really nice looking monthly...

ammypatt1987

Hello Everyone, In my yesterday’s post, I mentioned why bulls must 'Stay alert'. In this post I would like to explain why I said that and why I went short on BTC. 1) Fib circle called for the cycle top: I have been using this one Fib circle to trade BTC for whole 2020, using this circle I made a prediction of 19000 $ BTC by Dec 2020 back in Jan 2020 (check the...

ammypatt1987

During BTC's short life there were only 2 instances when it had 13 back-to-back green candles on 3D TF. Both were in 2013 run. If we get green close today then it will be the 3rd time BTC printed this massive parabolic move pattern. Both those past moves resulted in big correction before major bull runs. After doing some simple Fib plotting we see that, First...

ammypatt1987

Hello everyone, Today I wanted to show you this 2 daily charts, 1st = This chart shows the breakdown of the last few days of trading and how this candles are shaping up. This includes the weekend trading (if you ignore the weekend PA then also we can consider yesterday's candle as a bearish follow through after that Doji) If today close above the 15610 then this...

ammypatt1987

BTC has been on the move for some time now; and we all have been really enjoying this ride. We had many predictions about the top for current cycle but as of now BTC proved all those hypothesis wrong in its signature way. I personally had two levels marked, 14K and 16K. BTC faced 14K and broke it fairly easily and quickly. For my next major target I am still...

ammypatt1987

Hello all, In today's analysis I wanted to re-highlight the chart pattern I published back in June. BTC made very nice up moves and tested the top of this parallel channel couple time however it failed to maintain above it and fell into the channel. From there bulls kept showing weakness and finally gave up resulting in approx 2000$ drop from top to current...

ammypatt1987

In my previous EOS post I mentioned few things we need to see on the charts to start being bullish for EOS. One of the important thing was, EOS to break above the descending resistance line (yellow), but as we can see, EOS got rejected at that line again. On EOS, I would like to see break above 4.15 $ area to start taking bullish positions, until then it remains...

ammypatt1987

Hello, Keep eye on NEO chart, after the break from a symmetrical triangle NEO has been moving very nicely. If we get close above 18.2 $ today then it will confirm a HH after a long downtrend, from here we need to look out for a HL to catch the next move up. I will be watching recently created support line (green) for possible HL targets. If you are interested...

ammypatt1987

Hello, I posted this ascending triangle on DGB some days back, today we see DGB moving nicely after breaking out of this pattern. My first target remains at 355 sat, after that 420 Sat is good level for Take profit. Happy and safe trading... Chao...

ammypatt1987

Hello, This is quick update on BNB. I saw this long term SR trend line (yellow line) which has been very important for BNB PA, as of now BNB is finding rejection below this line. In case if this rejection continues and BNB breaks below the 18.5$ level then it could drop further low. On the other hand, if we see BNB break above this key trend line and 25.2$...

ammypatt1987

Just wanted to put this ZIL weekly chart, massive Inv-H&S pattern on your radar. This is just a thought not a guarantee to work out, I will still wait for the breakout from the neckline. Happy and safe trading... Chao...

ammypatt1987

Hello, Here we have NEO Daily chart, where we see NEO broke above the descending resistance line (yellow) yesterday. For today if we see this line getting tested and hold then NEO could have nice move up towards 18$ and 21$ targets. I will also be watching this green support line for bounces to catch.

ammypatt1987

Hello, Here we have 2D chart for BAT, we now have confirmed 2D golden cross and BAT is approaching key long term SR levels. I would like to see a clean break above 0.268$ level and then we can head for two key targets on the upside. If we see BAT break above 0.44$ then it will be in a blue sky break out and can reach higher level with strong FOMO kicking in....

ammypatt1987

Hi All, EOS has been under performing compared to other Alt coins and EOS chart is not looking very impressive for EOS-bulls / EOS hodlers. Here are some key levels I am watching, for any sort of bullish hope, I need to see EOS break above the 4.15$ level and hold that level. If that happens it will break the long term descending resistance (yellow line) EOS...

ammypatt1987

Hello Everyone, Today I would like to focus on BTC large TF charts as we just got another monthly and weekly CME close. This is going to be a very bullish post as charts do not show many strong bearish signs for now. Only one bearish ‘kind of’ sign I see is from the CME chart: Here we clearly see that CME have now closed the oldest and only Gap down we had...

ammypatt1987

Here on 4hr chart we see ETH has been consolidation in a very nice bullish formation (you can consider it as a bull flag or bull pennant). Once ETH takes out the recent highs (which I marked as 'Key area to break') we could see another explosion in ETH price. The complete move from this flag could take ETH to 400$ range, this area also coincides well with the...