f-73

f-73 Updated 

Weekly TF: Bottom of channel, FIB 0.6.18 and MA20. Plenty of support for an ETH bounce. Better not to fail here.

f-73 Updated 

Actual scenario on daily TF: after a (suppressed) technical bounce and a pullback to the edge of the broadening descending wedge, price still currently in the 52-47k "limbo" area i forecasted in previous analysis, well over a month ago. Price is still above some "scissors" dynamic supports area (see the dynamic supports), as well as above FIB 0.618 of the whole...

f-73 Updated 

Flat volume, nervous PA and vanishing momentum. A test of middle of weekly BB wouldn't surprise me. 51k is the pivotal area, but a slump / flash crash may hit anywhere from 52k to 47k. Anyway, technically i foresee a further test of either long term MAs (see dark blue and red lines). If such test fails, red light under 43k. BTW: A big thanks to my supporters,...

f-73 Updated 

No signal for now. Yet watch out for a breakout of resistance.Will comment more.

f-73 Updated 

TD count >9 and pretty oversold. Watch out for a breakout of its ascending channel, as a bounce may not be far. Obviously it needs a supportive BTC.

f-73 Updated 

We seemingly have a pennant and that's pretty close to its edge, hinting volatility inbound. Bias is towards a break-up and movement to resistance. Such case would not be the best scenario for holding altcoins (or worse memecoins). Especially considering the rising wedge scenario insisting upon the whole Alts market Cap: So mind the upcoming pennant breakout...

f-73 Updated 

Bitcoin so far failed its attack to weekly Parabolic SAR. That's not good. While MA20/W above 43.000$ (likely around 42.600$ at next weekly close) is expected to provide support it's better not to underestimate some elements in the short term scenario: 1) Rising wedge 2) Bearish divergence (since ATH) 3) Flattening MACD 4) RSI still close to overbought So if...

f-73 Updated 

This is a interim follow-up to analysis from May 24th: Except for the "Imminent" bounce (which happened already) assumption made there were proven 100% right. Price failed to fall below 27.700$ and nowadays reached first resistance area at 42.000-44.000$ . Basically that's a return-to-mean scenario: price bounced over MA50/W (blue) and pulled back t MA20/W...

f-73 Updated 

Green TD count over 17 already, that's a lot. Nearing resistance ( was previously long term support ). Mind to protect you open positions in order to avoid getting caught by a dump. Let's see.

f-73 Updated 

Technically Long, but still unconfirmed. Look for VOLUME. Have a stop, as a Bitcoin slump may change the odds.

f-73 Updated 

ADA is challenging its resistance after test of support and within a pretty long red TD count strip. Bullish divergence ongoing. RSI recovering from oversold. CMF falling. Watch for opportunity (e.g. breakout on volume ). Mind the fact a collaborative Bitcoin is needed.

f-73 Updated 

As per request, explanation of MATIC breakout. Falling wedge, volume spike, TD count and FIB 0.236 involved.

f-73 Updated 

Do or die moment for Bitcoin. Personally i'm playing my cards by opening a "scattered" Long trade. Part from here, part from close to the 27.700$ mark, just in case of a bear trap. Mind the fact this is a highly risky contrarian trade and it may fail , but 1:2 R:R is interesting enough to try playing it. DYOD.

f-73 Updated 

Dominance challenging key resistance area. Watch it.

f-73 Updated 

Contrarian trade. Seeing opportunity for careful accumulation on ongoing weakness, which Bitcoin may dilute or further amplificate. We have a falling wedge and a high red TD count hinting a bounce within 2/3 days. Unless Bitcoin slumps. If so i'll further accumulate by lots down to the 3$ area and evalute in 2/3 months. Designated targets are 6,7$ and 7,7$.

f-73 Updated 

Possible speculative Long opportunity looming, medium to high risk contrarian trade. Here's the scenario: Sparse falling wedge. Pullback ongoing, after some breakout attempt on low volume. Pattern still unconfimed, be vigilant. Slowing momentum, close to neutral, as witnessed by RSI, MACD and Bollinger bands. 30.000-31.000$ area boosting triple...

f-73 Updated 

DOT cruising on support, within a sparse falling wedge. Key findings: * Falling wedge, albeit sparse. * Small bullish divergence on both RSI and MACD. * Oversold Stoch RSI. * Red TD count 7 and counting Watch it next few days, as opportunity may arise. With a supportive Bitcoin it may bounce and confirm that falling wedge. Flip of the coin: caution under...

f-73 Updated 

With a collaborative Bitcoin ETH may try to achieve a double bottom. So far weekly is not much ... appealing, but wait for weekly close and double check. IF it manages to close ABOVE 2.200$, hence recovering its lost support and painting a hammer or anything similar i would consider that a first bullish signal (fakeout). So watch weekly close and look for any...