poplach

poplach

Bitcoin dominance could easily bounce back up and this would cause major drops on all altcoins that recently made x100 and more. I expect bitcoin correction while altcoins keep falling finding their new bottom. Bitcoin dominance could easily be restored to 65% - 70% of all crypto market cap by the year 2023. Expect many coins at their new bottom. One of the...

poplach

Dogecoin shows huge distribution during past 7 months. Bad news for HODLers, it is going down and it is going very deep. Nearest possible strong support that could keep it for a long term (and also a good buy opportunity) is at around $0.005 - $0.007. I expect Doge to make a final breath of correction after which it falls down to less than a cent.

poplach Updated 

Pay attention to the current greedy market situation. Many coins including ETH need a good healthy correction in order to continue their bullrun. I'd love to see some ETH/USDT correction as well. ETH is now trading at the bottom of the channel. I expect it to bounce couple of times before it starts squeezing down the trendline. The breakdown the trendline could...

poplach Updated 

Sand recently was pumped a lot, which means it needs a good healthy correction. On the daily it's about to start correction, which shows with a huge volume at high. The main targets are shown at the chart, Sand could bounce from each of them, creating correction. I expect it to go at least -60% from this point. However best entry is at squeezing down the trendline.

poplach

A good bullish scenario for SNX is to reach its ATH and then complete 'W' pattern with a 0.5 or even 0.618 fib correction. Good risk / reward opportunity. Confirmation - a trendline breakout

poplach

Dash is in good correction since May 2021, and it may form a good 'W', repeating local high and retracing back down to 0.618 fib. Good Risk reward trade. The worst scenario is breaking down the trendline, which could result in longer correction or even bear market.

poplach

ZRX recently has been doing it's correction, completing 'M' pattern and the trendline seems to be holding it quite strong. I expect it to bounce up to $2 with possible wick up to $2.35

poplach

NEM can bounce up to complete 'M' pattern before breaking the trendline downwards. I expect it to rise to $0.30 before going down to $0.075

poplach

ETC looks very weak after its pump and to me there's noting to expect, however there's a good chance to visit $55 - $59 at least before squeezing down the support line. I expect it to go below current support, and on its retest, complete 'W' pattern with massive fall down to $13.

poplach

ADA just completed 'W' pattern on the weekly and we can expect a correction to at least 0.382 fib. There is certain resistance between 0.382 and 0.5 however it may still be pumped and dumped up to 0.618 fib. I expect deeper correction later on, and I don't expect new ATH in 2021 for ADA/USDT, since there is too much work to do to break through all the resistance,...

poplach

Good trading opportunity on BAKE/USDT is about to break trendline. Important levels shown on the chart, however it didn't complete 'M' pattern, that's why TP is set at completion of 'M' pattern.

poplach

Reef is completing weekly correction, a huge pump could be expected within next 1-2 months. On the weekly it looks bullish, completed 'W' pattern. A double bottom on the daily should be considered though.

poplach

RLC successfully completed 'M' pattern at the beginning of November and is at its support level, which may give very good trade possibilities with good Risk/reward. I expect it to start uprising anytime soon, Notice that resistance at $6.6 has been tested, so there's a chance it makes huge wick all the way up to previous ATH.

poplach

ETH recently did a false breakout after which it pulled back down to create a lower low. Even though on the daily it may look bullish, on the weekly it has MACD divergence and on the monthly it is way too overextended. Good shorting opportunity on retest of previous resistance down to 0.618 fib. I expect ETHUSD to break the trendline and after retest to go...

poplach

Bitcoin is facing weekly divergence on MACD, which, obviously is a bad sign. But the market did good accumulation last days from which I expect it to bounce at least to complete 'M' pattern. A retest of previous support could be a good entry for a long position with 1/3 RiskReward.

poplach

Taking into account that 20k support was never tested, there is a chance to go there and retest it. One of the ways could a head and Shoulders pattern, which leads exactly to 20k. At the moment there's a small probability it to happen, the trade is rather reaction than prediction,so the time will show.

poplach

BTC is very weak last days. On a weekly chart there's a clear divergence on MACD, which means the momentum was not strong enough, but the price was pushed higher than before. In case if we close this week and next week below 60k, there's a huge chance to go lower. Watch the trend line, if it gets squeezed, the breakdown in unavoidable. The worst possible scenario...

poplach

Google has been trading in a channel for over a year now and might continue to push upwards for some time before its global correction. At the moment it is completing a local correction forming a 'W' pattern. The best buy opportunities are at around $2870