XRP is consolidating in a big triangle for about a month now.
On May 21st, Ripple will have to get on a call with the SEC to submit legal documents.
Ripple has the power to break out technically with possible upcoming news to fuel the breakout.
TP1 is at April's High (1) at around 1.98 USDT.
Second Measured Target is 2.83 USDT and is calculated using the...
The logarithmic chart of LTCUSD has remarkable repeating patterns of bear- and bullmarkets.
If LTC repeats its behaviour after breaking ATH, we could see $2000 as the top of this bull market.
When LTC broke out of its bear market in 2017 it moved in 3 impulsive waves to its old ATH where it retested and eventually made a new ATH of $380.
Litecoin seems to be...
MATICUSDT has been consolidating and moving in a flag channel since Friday.
MATIC is a framework to build & deploy Ethereum-compatible blockchains.
We're looking at a breakout to the upside as the most probabilistic scenario.
TP1 is at last resistance at ATH area around 0.92 USDT.
If we break TP1 and make a new ATH, you could trail your SL to the...
A couple of months ago I made an idea about ETH staging a logarithmically breakout against BTC.
This logarithmic breakout is happening right now.
Money flows into the crypto market in 4 general phases with phase overlaps eventually to altcoins, where we see "altseason".
Previous market cycle had a point where ETH flips BTC also called "The Flippening". This...
BTC broke its technical bullish market structure by making a lower low.
BTC Bearish volume has also been increasing over the past days.
In the midterm:
When BTC makes a lower high followed by another lower low, BTC would be moving in a bearish market structure (midterm).
In the shortterm:
On 4H TF: BTC just broke out bearish out of a symmetrical triangle making...
VeChain Thor's token VET has a YTD performance of 1000%+.
VeChain brings some of the most diverse, best and most useful solutions the worlds needs of all projects around.
VET is my second favorite coin to trade in 2021.
Price action shows a symmetrical triangle with small resistance.
Trendlines might still get broken slightly and price might consolidate a bit...
After XRP adding more than $50 Million to its market cap, ADA is set to be the next coin to make a big move.
Cardano is making higher daily closes than ever before but it really needs to pick up fundamental pace.
ADA has been consolidating for about a month, creating an ascending triangle in a bullish trend.
There is still an option to pull back to around $1.20...
1 Year ago, on March 31, 2020 the total altcoin market was valued at $62 billion. Today Ethereum alone is valued at $210 billion.
TOTAL2 measures the total market cap of all altcoins (Total crypto market with BTC excluded).
The Total Altcoin Market is currently valued at $700 billion while BTC has a market cap of $1 trillion.
Looking at TOTAL2 there is resistance...
A Head & Shoulders is starting to play out on 4H TF on CHRUSD. The H&S pattern is yet to be validated when price closes above the neckline.
Head& Shoulders are one of the most profitable patterns in markets!
Chromia has a relatively small market cap of $170 million at the time of writing.
On the Daily TF you can see the big move was...
DOT is another great coin with great potential. I have been trading this coin for a while now.
With the previous altcoin run, DOT made a run of around 166% to its new ATH.
Now it's going for new highs again.
DOT has been consolidating making a symmetrical triangle which it broke out of yesterday.
Also looks like price retested that trend perfectly on lower TF and...
BNB has made incredible progress, making it one of the best performing altcoins.
BNBUSDT has been going sideways for a while now suggesting a breakout is imminent.
Technically BNBUSDT is ready for a breakout upwards. Bottom trend of BNBUSDT is being tested actively but the more a trend(line) is being tested, the weaker it becomes.
That's something to watch out...
FLOW is making tons of bullish progression since its launch on 27th Jan.
It breaks every pattern upwards and has more and more people buying into this market.
Price action since launch is accurately bullish (and somewhat choppy because it's a relatively young market.)
It's currently consolidating at ATH and creating a bullish triangle. After this there's no...
ZILUSD is looking very bullish on 1H-4H TF.
Current price action showing a symmetrical triangle being formed with a very high probability of breaking out upwards.
Note how the highest candle corresponds to very high volume and that volume began to lower since that big move.
This indicates that majority is still bullish and you can expect a high pump of somewhat...
Place your $GME gains in $BTC. It's time to hold the line in $BTC.
Elon Musk changed its description to "Bitcoin" and Bitcoin pumped 20%. Afterwards it dumped like you can expect from these type of fundamentals.
But it actually broke its bearish pattern, retested the previous trending channel and is now again rising and growing organically.
The dip from ATH (8...
What do you think of my drawing on Bitcoins chart?
Took around 12 minutes 49 seconds to make and is made solely with the Brush tool.
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Together we can stop the bears. Together we can stop the shortselling.
FILBTC head & shoulders at base/bottom + double bottom.
FILUSD recently broke out of falling wedge. (1H)
Double bottom pattern might be arguable and not exact/accurate (around 200 pips in difference)
Already opened two long positions on last test of support at 0.00067
Filecoin, which works on top of the IPFS protocol, is still low marketcap for what it...
ETHBTC might have bottomed out.
ETHBTC is forming a longterm Head & Shoulders pattern indicating bullish reversal.
A bullflag was formed which price broke to the upside.
Price is currently retesting this bull flag on lower timeframes.
Earlier a triangular breakout to the upside happened indicating bulls are in control.
ETHBTC in logarithmic...
Get ready for Ethereum ladies and gentlemen...
The logarithmic chart of ETHBTC shows that is in a triangular formation since 2017.
ETHUSD is almost at its ATH, looking immensely strong ready to break it brutally.
Ethereum is quickly following up on Bitcoin reaching for its ATH. If it continues to rise at this pace it'll break like Bitcoin did and might...