navidraad

navidraad

The price has responded to the channel that is drawn in the past and if there is a bullish momentum, price target could be between 30 to 100$.

navidraad

Like I projected in my previous analysis, there is an obvious bear flag here, an ABC correction. The problem is there is no support below this price level, until the price touches the lower band of the falling wedge in weekly the time frame. It could be around 35$.

navidraad

ETH has been forming a falling wedge pattern in weekly time frame. This pattern acts in favor of the bulls most often. The minimum target is where the wedge has started to form, which is the all time high in this scenario.

navidraad

I'm not swearing on my grave that it would happen, and I'm not considering the market cap. From technical point of view, this is possible.

navidraad

The chart is clear, buy at current levels and sell below the resistance. That would be almost 100% profit based on bitcoin.

navidraad

chart is clear, if BTC go up to 100k, ETH could reach to 20k by then

navidraad

The bullish scenario here is more dominant due to cash flow from stock markets to crypto space while BTC acts like gold in the moment.

navidraad Updated 

as long as we stay inside this triangle, we have a bear flag and we can break any second, but i expect another short term bounce to upside first, to 4000$ to be exact, then the gates of hell would be open! which is great, both for shorting and accumulating for the long run! That is the path of least resistance for now, the most weird thing that i could see right...

navidraad

Hello guys! as shown in the chart, we have a bear flag right in front of us. and the volume has been decreasing while this bear flag was forming which is a strong sign than we could fall more! but 1 thing to keep in mind is the 200 MA in weekly timeframe which is a very strong support level. Also the 3000 level is equal to 50 ma in monthly timeframe. one thing to...

navidraad

Hello guys! as you can see in the weekly chart, ETH has created an expanding triangle, which often acts as a reversal pattern after a 3 push down. 2 weeks ago price rejected from higher band of the triangle, so i'm expecting a 3rd push down to 40$. if we bounce up from 40$ there should be a retest of the recent lower high in 160$.

navidraad

Hello guys! you see the flag pattern BTC has created here, and we got rejected from both 20 and 50 moving averages recently, so if the flag is broken, the first target is the recent low of BTC around 3100 and 3200. if BTC bounce from here, that would be a double bottom formation and a possible long opportunity. If not, the next target is the bottom of the channel...

01:59

navidraad

Dont forget that this bullish view is active as long as ETH is above 50 EMA!

navidraad

I posted my analysis on BTC right now and as shown BTC is in it's 2 year bull trend line support. Well look at ETH chart here and tell me what do you see? we have touched the lower channel line with a pretty big candle. really big! massively big! and we have been in the bear market since early 2018. so looking at this candle here presented in the lower band, being...

navidraad

One thing i really dont understand is that why nobody sees this trend line???? imaybe it's just in my pc! well i bought BTC will all my fiat right now and i expect a market reversal from here. but why no body mentions that we're at the support level of a trend line that started late 2015. I call it the invisible line! only my pc can catch it!

navidraad

U see that divergence on RSI. and we're about to reach all time channel trend line. im expecting a big reversal from here. this is one of those now or never scenarios. good luck

navidraad Updated 

We're in trading range shown here for about some time. For more safety u can buy after a nice rebound. target area is the upper band of the channel

navidraad

XRP could be in a bull channel drawn here. If BTC don't dip more we can expect XRP reach to 7-8$ by mid 2019.

navidraad

Show this chart to a 9-year-old and ask what do u say? they will say a head and 2 shoulder which is already active!!! we break 1.30 lower and the target price is 1.050