urus888

urus888

If it falls through support at 682 / 680 then we could see a drop to below 600. If it bounces off the support there it might go back up but have to watch price action closely.

urus888

Nvidia has previously gone up 1000% and then crashed 50%. Waiting for the support line to be broken to short., maybe until 1 on fib

urus888

The price seems very high, also market cap is huge. I'm expecting it to go up maybe a bit more, but long term go back to normal prices.. retrace to 1.618 or even 1

urus888

What we have seen in the last years was that ASOS always reached heights of around 60. I wouldn't doubt that it will happen again. So far the peaks were usually at the beginning of the years (January-March). Since it didn't happen this year so far maybe there will be a climb starting up to a new peak in January-March 2024. Even if it "only" goes to 40 it will...

urus888

orange curve = resistance white horizontals = supports orange curve may have to be adjusted, depending on future price, will keep you updated. Way I see it is that it will bounce off orange curve and go lower, but stop going down at some point.

urus888

My estimate is that BTC will stay in the range of 48-51.8k until about middle of September, reason being: -pretty strong support (orange curve) -two resistances in the way (white horizontals)

urus888 Updated 

Think if u go long here u could make a small profit if it goes back to the orange curve (about +7% up from here). Very many supports down there at 30k and below. There aren't any candle bodies under 30k, only wicks because those dips get eaten up fast. So up is more likely imo. Also this pattern with the orange curve has now been for over a month, so it's not...

urus888 Updated 

price has been following blue curve for over few months now, I was waiting for high of June to get a point to make the curve more accurate. Seems like that was the one. What I am expecting at this point is for the price to follow the blue curve, which could possibly end up with the price being at 30-32k this month. Also there is a death cross upcoming (MA50...

urus888 Updated 

Many charts miss this part. You can see the blue and orange curve have played a huge part in BTC TA in the last months. They're about to meet in the next few days and we all know what that means... probably a breakout. Price has to find a new trend over the next months. Even if the price doesn't go below the orange curve and "breaks out upwards" there's still the...

urus888 Updated 

It seems that the increase of short positions have stopped. When the short positions were opened on may 17, a day later bitcoin dropped from 43k to 30k. This time, there are even more shorts, and the increase is even steeper. I wouldn't be surprised if Bitcoin will go down by a lot about a day after I publish this, same as on may 17. Personally, I also wouldn't...

urus888

The upper orange curve has been used as support for serveral months and acted as a resistance after the first drop to 30k in may. Recently it broke it and went a bit above, but came crashing down again. What formed through this process, is what you see here: The orange triangle. In my opinion, the price will stay in this triangle for a few days. After that, one...

urus888

Resistance exactly at white line. This could be a bulltrap... Moving averages are moving together indicating that the buy cycle is probably over and it could dip soon below blue curve again... However if it manages to break white resistance we could see price go to 42-43k... but probably it will bounce off there and go lower again.

urus888

I've published an idea with this pattern already before.... BUT what's even more confirming this to be true: -the current drop also following the pattern -the red lines which are extensions of the past prices that you see at the bottom of the chart match EXACTLY with the pattern. -the price at the end even matches with the resistance (where it hits the blue line...

urus888 Updated 

you can see bitcoin went out of the channel which caused the huge drop down to the support line where it bounced off. now price is clinging onto the channel but it's not strong enough to get back into it, and imo won't happen. bitcoin will probably stay within the 30-40k range until approx. june 14th, where you see the channel ends. There might be a huge surge then.

urus888 Updated 

start of downward trend as can see by moving averages. my goal is near 30k, if drops below then 25-26k. I have seen this channel on other cryptos as well as well as the bounce off the upper resistance of the channel seems reliable, that's why I think it is correct.

urus888 Updated 

Copied the pattern from January 2021 which was at the exact same height. Seems to match with current resistances and support. Blue line above current price was support for a long time, now resistance.

urus888

You can see the triangle in the chart. It was supposed to stay within it, but it decided to go under it. I think it will be hard for doge to gain traction again to rise. IMO it will go down noticeably from here. My take is $0.048/0.04€ as there was a support earlier.

urus888

I think that by 23rd or 24th doge will rocket upwards (obviously rocket is is relative) you can see the support and resistance in the picture which it will bounce back and forth in until 23rd-24th imo.