farhadnmd

farhadnmd

GRT just broke out of an important resistance. I expect a retest pullback to $0.9 and the targets of $1.2 and $2 after that.

farhadnmd

Near has been performed very well during the last month. This is my view on price for the upcoming days. We have a cup and handle pattern with the projection to $20. $17.5 is the initial target

farhadnmd Updated 

Bitcoin chart now is very similar to its fractal in June 2019 - March 2020. As we see the price hit the 200MA (Colored in blue) 2 times in recent years. I think IF it loses the crucial support at 34K - 36K it can touch the 200MA for the third time which will be a strong support for bitcoin at 20K This analysis will be invalidated if the price closes a weekly...

farhadnmd Updated 

iExec RLC is ranging in a falling wedge. Once it breaks out of the wedge it can go high as %520 following the parabola

farhadnmd Updated 

An iH&S pattern formed on the weekly chart. In case it breaks the 0.04 resistance zone and the dynamic resistance specified with the red line I expect a %100 Ethereum pump against Bitcoin.

farhadnmd

Bitcoin just made a historical unprecedented correction as expected in my last update on the Bitcoin chart. Predicting the bottom is not an easy job to do but everyone is dropping their opinions on it, Mine is here too. BTC painted an obvious head and shoulders pattern on the daily chart and it's going to make the right shoulder in the form of a bearish flag (or...

farhadnmd

SXP just made an iH&S as well as a higher low and got the EMA50 supporting as a result of breaking a long-time resistance. A potential %100 pump in pair with bitcoin is expected

farhadnmd Updated 

Bitcoin just hit the top of its major channel and rejected with an engulfing weekly candle similar to the top back in Dec 2017 bull-run. The last bull-run in 2017 ended with a %958 growth in price from $1,800 to almost $20K and made a correction of %67 (0.382 fibs level) before the crash caused by Silk-Road shut down. Now Bitcoin just went up as %958 from the...

farhadnmd Updated 

Based on the major trending channel and RSI levels, Ethereum just hit the top and it's going to have a correction to $450 - $500 which is the Fibonacci retracement level of %50. This analysis will be invalidated in case it closes a candle above $2,042

farhadnmd Updated 

Zil weekly view. It's on a strong uptrend and the Elliott wave count seems like the third wave has been completed. It's going to make wave 4 and then a leg up to form the final wave 5 in my opinion.

farhadnmd Updated 

DXY got into a downtrend from late March following the pandemics lockdown and now it reached a strong historical support. It had been bounced at this level in Feb and Apr 2018 back when Bitcoin hit 20K as the first ATH. Now it has the same fractal as 2017 and a semi Double-Top pattern formed in macro view. This major support at 89 is playing as the neckline of...

farhadnmd

Bitcoin dominance almost formed a head and shoulders pattern. In case it breaks down below %59 the neckline and an important support would be broken and a massive alt-season will happen. On the other hand, if it bounces at the support it can go back above %70 which is absolutely not good for altcoins

farhadnmd Updated 

USDT.D (Tether Dominance) looks bullish on the daily time frame. If the fractal plays out I expect a correction in the crypto market following Bitcoin as the assets flowing into USDT from other crypto coins and tokens. This scenario depends on the completion (A candle above the neckline) of the double-bottom pattern formed in the last two months.

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ICON chart printed a falling wedge pattern on daily time frame

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An inverted head and shoulders pattern is painting on serum chart, In addition to a broken falling wedge can make a potential rise in price to $1.74 that is 0.5 Fibonacci and an important resistance. If it closes above $1.236 H&S pattern will be confirmed.

farhadnmd Updated 

The price is ranging in a falling wedge. I'm expecting another dip inside the wedge and then breaking out of it

farhadnmd Updated 

Harmony (ONE) high time frame chart seems to be bullish . If it falls down to 0.00288 - 0.00358 and bounces at this level I expect it to break its almost horizontal trend and make a new trend with the same angle as the last trends it made before. If this happens I think It can easily break the all-time resistance and take back its ATH at 0.002426 by making a bat pattern

farhadnmd Updated 

COMP is about to bottom like other alts.I expect a dip of %14 to make a double-bottom pattern so it can easily take off to the top of its macro trend. Another scenario in my view that is very unlikely to happen is going up from where it is now by making an inverted H&S