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BTCUSD has broken out of the triangle formation while retesting the middle line of it and is now sitting on the neckline of the inverted head and shoulders chartpattern in the vicinity of the 1.6 Level at around 12000. This level will be eyed as a very importent key level by many of the professional traders. They will expect a break above and a clear retest of it...

heish

RVNBTC has broken below and retested the middle line of the triangle formation which has been formed since the low on 26th of June 2019. This is a clearcut bearish signal and raises the question where the targets are. We could be greedy and take the whole heights of the triangle, showing the target of 300 Sats. However, I have chosen conservative measurements...

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Hello, ETHBTC has broken out of the yearly resistance and retested itc confirming the former resistance level as a new support zone. There is a possibility for ETHBTC to oscillate between the two major resistance zones before breaking out, giving traders an opportunity for swing trading. The first target would consist of the middle line between both...

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Hi, In the past days RVNUSD has broken out of the consolidation and is now retesting the .78 of the rally. Typical for a confirmation is a break above or below a valid resistance or support and retest to confirm its value in the market. Exactly that has happened yesterday and we have seen a volatile answer to the retest of the intersection between the...

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Hi, GRINBTC has made some interesting moves breaking the monthly trendline and pushing towards the 3.6 line of the extended first wave. Here it found its resistance and has broken the trendline to find a better support zone. This is showing the great interest this particular instrument has attracted. Three weeks until the first hard-fork of GRINBTC , we...

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Hi, in the past months we have seen a significant move to the upside for BTCUSD . The recent correction found a valid support on the 50 % line of the monthly candle of may, followed by a fast run towards new yearly highs. What are the targets ? The 1.6, 2.6 and 3.6 of the first wave (I) . Can this wave extend until the 3.6 ? It surely can. If it will...

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Hi, RVNBTC is now in a consolidation and will break out probably after finishing the fifth wave inside the consolidation. after completing the Bearish Bat Pattern , as shown in my recent post, we are now in the stage of profit-taking. This comes at a perfect point, the last half of the month of june, the numbers will be given out in two weeks from now on and...

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Hi, In the next days I am expecting RVNBTC to continue its move towards the final wing of its wonderful Bat formation. If that is the case there will be a half-way target which is at around 810ish, the high of the last wave to the upside. It is worth to mention that the final target of the Bat at 161% of the first wave up, is at the same time the Dynamic...

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Hi, during the past month we have seen a significant move to the upside for BTCUSD. It has made its parabolic move to the upside and is now approaching the last triangle of the bigger triangle pointing towards its respective goal. After reaching it I expect it to move contrary to the trend in a strong move to the downside. That the correction will take place...