NMEcrypto

NMEcrypto

Bitcoin has been in a falling wedge (between the two red lines), and has broken out to the upside. However, it is too early to celebrate. There is strong resistance between $48,600 - $50,000 that could push the Bitcoin price back down. There is the potential for a Christmas rally if BTC moves sideways, which gives Altcoins some potential for profit this week....

NMEcrypto

KCS successfully retested the previous all time high and is looking very bullish for December and January. The key price targets are those two yellow lines, which will vary in price based on when we touch them.

NMEcrypto

The two white lines have been acting as resistance and support at different times. The key price targets will be the upward trending white line (which has been acting as resistance in the short term) and the yellow line (the previous all time high for DOGE).

NMEcrypto

SHIB is getting support at a key region between 2900-3300, which has been a strong resistance region in the month of October. Turning this resistance into support should give us a great few months ahead for the Shiba Army and SHIB Bulls. The key price targets are the red line (which has been giving us strong resistance in the past and yellow line (the previous all...

NMEcrypto

BTC is looking at two key scenarios that could play out this weekend. We have a red ichomoku cloud that signals strong resistance between $48-50k. We need a 6 hour candle close in this red region to confirm a bullish move up to the orange line. The other scenario is continued rejection at the ichimoku cloud, keeping the price below $48k and leading to a drop down...

NMEcrypto

We lost a key support level. There is a potential to reverse and climb back into the trade region (two white lines), or get a strong rejection that will push the price down further.

NMEcrypto

Key areas for shorts and longs are circled in the chart. If BTC does not get strong buy volume, then expect to start seeing wicks below the blue line, which would lead to a potential buy opportunity around $42k (previous recent low).

NMEcrypto

Short from top down to 15 cent and 12 cent price targets.