This move is a Bullish Reversal Pattern but its disguised as a drop BTC can come down and bounce between 8700 and 8500 and then its moving to the target of 11600 to 11300 We must be mindful that BTC can also bounce upwards at any point between its current location 9357 and 8500 and this move to 11600 to 11400 is still valid . However I suspect BTC may...
LTC possible move to 109 - requires confirmation by moving above 95 Without the 95 confirmation id avoid this one ,
XRP eyeing a move to .33 by any means necessary
BTC - Id rather not touch BTC unless it breaks above 10k reasons below: A) BTC has broken below the long term trend line ( the yellow line) . This trend line has held since April 2019 and has turned from support to become resistance . BTC would have to move back above the support at around10k as confirmation its moving higher. Without the 10k...
BTC -possible short term scalp to 10300/10500. requires confirmation by BTC moving above 9900
This setup looks like a Descending Broadening wedge. These are normally Bullish plays . The Descending Broadening wedge requires a minimum of two touches per side but 3 is optimal ( marked on the graph) . The asset may occasionally break out of the wedge then retest the top support before moving higher. The target distance will be 2X the distance of...
BCH possible move to 375 if BCH can move past 340 and remain above 305
On the 15 minute candle BTC is trying to move past the MA200 (Blue line) which is at the 10700 area . if BTC is not able to move past the MA200 ( Blue line) at 10700 then BTC will drop lower to 10300 and then 9500 and retry the bounce. If BTC is able to move past the MA200 (blue line) then BTC can hit 11400 . So we need to see a move above the 10950 for...
I'm sure there has to be a temporary bounce here at this 10k level up to the 11K area. Why? Because The drop distance to 9800 is the distance marked as 'A ' on the graph . This is the 1st drop distance from the symmetrical triangle downwards. BTC has just covered this first drop distance which took it down to 98xx so there has to be a bounce here..at...
LINKUSD - Adam EVE double bottom to 3.09 - Aborted if drops below 2.8
This looks like a "bump and run" confirmed by the two angles .44 and .27 ( The bump angle has to be between 45 and 60 but 44 is close enough , The lead-in angle has to be between 21 to 45 ) BTC is currently aiming for a move to the lower trend line at the 9500 mark. But the current location close to 10500 is also the .382 fib so if there's gong to be a short term...
XRP dropping to .30 and bouncing up to .40 and possibly .48
BCH - If it cant bounce off the 324 support it will drop to 240
BTC - 10654 is a good bounce spot
BTC is in an Ascending Triangle , which is normally a bullish continuation move . This current Ascending Triangle has a move to 16k . BTC can drop to 11100 and still be bullish . But if BTC breaks lower than 11000 then this triangle is aborted.