Bitcoin fans will not like this idea, but it is possible that BTC is already slowly ending its productive life and heading for retirement. One can't help but notice the ever-decreasing percentage performance.
I envision a target for BNB at the marked spot, but it would be better suited to the bottom of the support.
I already created this idea for Total Crypto a long time ago, the bottom still hasn't happened, it is profitable for market makers to extend the path to the bottom, the longer the path takes, the more people will lose money along the way.
For a bullish continuation on altcoins, it is necessary to retrace above the broken trend line and then break above the devil number and then confirm as support. Otherwise, there is a very real possibility of the start of flushing into the sewer.
Vitaliku's rhombus showed a very long bull trap. But at the moment it is gathering strength for the next big pump, I will not be bullish under the greatest resistance, that will never happen. Break it strongly above $2000 and test as support and then we can talk about some bull run.
NETFLIX falsely broke the growing channel it had been building since the bounce. Subsequently, it lured many impatient bears into short positions, and the subsequent strong rally from $300 is thus parasitizing to liquidate their short positions. I expect a real rejection from the $500 area. Invalidation is on a strong break above $500 and testing as support.
MATIC created a potential bearish flag pattern from the June low. It was easy to guess the top of the flag and the start of the descent. At this moment, the lower trend line of the flag is broken. It's hard for me to predict what the way down will look like, maybe it will test the trend line from below or even make a false reversal. Short positions would have it...
TEZOS has broken through the support it has held since 2019, a further decline possible. Many altcoins will have a similar fate.
I had this plan for SOL some time ago, currently SOL fell down the stairs and fell right into the cellar. If he can go back and test previous support from below, it's hard to say now. On Friday the 13th, this day I was expecting a correction, so it is possible that the market maker will take advantage of fear and send it up (eliminate short positions and test...
If I had to choose between two schemes that I think PEPE has been doing in the blue area for a month now, it would definitely be the distribution scheme. Even the currently broken lower main trend line does not look very optimistic. The biggest movement of tokens from the big players into the hands of crazy buyers happened logically during the mania phase, and I...
The graph on Polkadot has already given the bulls a chance, created the Triple Bottom, the graph could no longer give the bulls a better boost, unfortunately the bulls surrendered too soon and the bears can soon show their claws. Not the financial board. Just for fun.
There is now a lot of resistance on the XRP chart. It looks like a way down, but it's a crypto. Thus, there is a possibility that if many short positions accumulate there, they may be eliminated and used to break through resistance. Not the financial board. Just for fun.
MANA forms the head and shoulders of the pattern under the resistance of the descending channel.
BTC Lots of people expect 20K and want to shop there. If that happens, I expect a nice reflection there (maybe 40%), but precisely because the 20k tech was a very predictable bottom, I expect a correction even lower. The correction will be fast (not like 2018). Due to the rapid recovery (stock exchanges and miners also need to eat something). Not the...
I stumbled across the NEO chart, I honestly don't even know what it does or if there is still active development and I'm too lazy to look it up. It doesn't matter in the final anyway, the pumps in the final part are always money from FOMO buyers, regardless of the quality of the project (SHIBA, PEPE and many other garbage is a beautiful proof). I see continued...
If history repeats itself in LTC, it's about to start pumping soon. Of course, he can drop a wick into the green to soak up the moonboys before the trip, but the number of fakeots in this flag pattern has reached unbelievable numbers in the last six months, so another one would be ridiculous. It's not for trading, just my opinion. Maybe it will be different this time :)
My long term plan for ADA, but I don't even know what tomorrow will bring. Invalidation is when the yellow line is broken, if there was testing and buying with enough volume I would consider this to be the eventual end of the accumulation phase. No trading advice.
ADA After the breakout of 330 support and confirmation as resistance, I expect an eagle attack and continuation into the nest. Only if a close above the resistance is valid can it invalidate this idea.