jefparham

jefparham

Interesting that how ADA moves on the plan. 2 strong short-mid term channels as a trade guideline. A lot of gains there. And one super strong long-term fork shows you will not lose anything if you just buy ADA and come back months later. Can't wait till September to see what network upgrade will bring to value this crypto.

jefparham

ADA shows a radical increase which with news and long-term frequenting looks logical. I am not agreed with statements considering this increase unreasonable. I believe now it has a clear bullish channel but we shall expect ADA variants between 2.00 and 1.80 for next weeks and it may start again for new raise by end of Aug.

jefparham

BTC raises to the top at the semi-static channel with a gentle slope ranging between 48-64K . Selling at 64K may be a logical action and wait if it goes above 66K-68K with a pullback to 65K, we can expect it may try to take back its old sharp bullish dynamic channel, otherwise, continues with the ranging trend, it shall drop to 50K level, where we are waiting for him.

jefparham

We shall expect a touch close to 2000 by early May, there may also go down for 1400-1500 but a good target of above 3500 for next waive in July.

jefparham

BTC pull back retracement/ranging at probable New Stat channel

jefparham Updated 

With the recent rise after a few touches of supporting level within the last 2 months, I believe this new dynamic channel properly works for BTC for the mid-term period. Use it and gain profit.

jefparham

As it was predicted after slight touch of 9K, it gets back above 10K (the strong static supporting channel since June-2020) and at the same time the bottom of the dynamic channel, all suggest a bullish rise to the top of the dynamic channel and historical resistance channel 12K. What I expect is another head-shoulder at the topic of the dynamic channel around 12.5K.

jefparham

To me, nothing is on chaos with current BTC and temporary seeming-bearish drop to 10K as it is part of on-going natural bullish movement with Dynamic channel. It may have another slightly touch bellow 10K and will move her way to the first strong resistance (cross-section of static 13K level and top of the current dynamic channel). At the end of the day you have...

jefparham Updated 

We are in mass on daily time frame but with dynamic channel we got at daily time frame trend analysis and looking at the weekly time frame, there will be #strong_resistance at (11200) – the cross-section of the dynamic resistance level and FIBO23 - which may comply sharp raise with the same length since July, starting by beginning of Sep and brings us to 14K by...

jefparham

There is a possibility for a retracement and further drop bellow 11K but the probable scenario is continuing recent months bullish move within the channel.

jefparham

BTC failed to justify herself above 12K in recent try. An Augusty Resistance Line has been identified for BTC on a 1-day time frame (blueish) with respective supporting lines (yellowish). Still, semi-bullish moving is expected.

jefparham

BTC changed the direction to the main ZicZac trend line to the first target 13-14K, and from the to beyond.

jefparham

If BTC won't back to the ZicZac trend and break the 12K resistance level before Aug-30, it may drop below previous resistance level and recent raise will appear as retracement for bigger drop bellow 10K. I hope she changes her mind.

jefparham

Looking at the same graph in the 30min time frame shows that the same dynamic supporting level has become a dynamic resistance level for BTCUSDT. The reason we are witnessing numerous unsuccessful attempts for breaking the 12K level. Still, the larger time frame recommends the break of 12-13K level within the next few days. I believe we should have a close look at...

jefparham Updated 

TIght to the dynamic trend line, BTC is in the best position for bullish raise to the 12-13K.

jefparham Updated 

BTC moved close to dynamic Resistance trend line which also is an important crosssection with previously mentioned Zig Zag trend, hence strong resistance is predicated and BTC will be forced back to bullish move (to the 12K this time),

jefparham

As an update on previous analysis with a few unsuccessful attacks to 12K level, BTC learns that she needs to first move to correct timing for final takeoff to the 14K by the beginning of Sep. We will see.

jefparham

An update on my previous trend analysis. Exactly on the plan with retracement on a minor time frames.