XAU/USD was rejected from the golden zone as expected, but there were no fakeouts, contrary to what I thought. Currently, it has formed a bearish flag. There's a possibility it could retest the $2292.00 price level by continuing to move downward.
EUR/USD Forex Pair is still in a downtrend, similar to how gold formed a bear flag/channel. Keep an eye on this flag. There's still a chance we might see a movement downward to our demand zone (gray box).
IOST/USD is currently consolidating within this accumulation horizontal channel. Expect a full send after a breakout. We need to overcome this resistance zone and close above it. My potential targets following this breakout are: $0.01906; $0.02777; $0.03776; $0.05385.
ACH/USD (AlchemyPay) is currently trending within an ascending triangle on the weekly timeframe. A breakout or rejection from the resistance zone will dictate the next directional move. The coin's all-time high (ATH) is $0.1111.
GALA/USD has formed a potential descending channel on the 12H-1D timeframes. There's a strong chance we could rise from the bottom and retest the local resistance at $0.05274. If it breaks out of this channel to the upside, my potential targets would be around $0.068 to $0.086. Keep an eye on this setup.
I'm just looking at the bigger timeframe. All the juices are on the bigger timeframes. Trying to compare previous rallies to the potentially upcoming one. What do you think? Do you believe in this setup? The charts look the same, the whole market structure looks the same, and even the money flow looks like it's rising as in previous cycles. Well...fingers...
SHIB/USD (ShibaInu) has increased by 224.19% in total since I gave you this call. Now, it's forming a potential bull flag and gearing up for another rally. There's a good chance we'll see another surge after a breakout. Keep an eye on this channel!
WLD/USD (Worldcoin) may have formed another falling wedge pattern. There's a good chance we'll see a price increase after a clear breakout. If it breaks upwards, my targets are $6.228; $7.523; $9.50; $11.734. However, this setup becomes invalid if it breaks downward
XAU/USD (Gold) is finally dropping but now rebounding from the local support/demand zone. Watch the key Fib. level, where we might see resistance. There's a probability of retesting this zone before continuing to drop.
ETH/USD (Ethereum) formed a descending channel, or it's a bull flag on a bigger timeframe? Waiting for a breakout. JUST IN: Hong Kong's CRYPTOCAP:BTC & CRYPTOCAP:ETH ETFs are officially approved to begin trading on April 30th.
BTC/USD (Bitcoin) increased by 5.66% in total after the Halving. The market has been pretty boring for the past week. Still, keep an eye on this consolidation channel. Patience is the key in trading. Sometimes, doing nothing is the best thing you can do.
PEPE/USD has formed a descending channel on the 6H timeframe. If it breaks upwards, my next target will be $0.000009192-$0.000010838 per token. It’s hard to be bearish when we print so much money, when the world is in chaos and the dollar is weakening, etc.
DXY (Dollar Index) has formed a big ascending channel on the 12h-1d charts. It looks like it might go back down to the lower end of this channel. If the DXY drops like it usually does alongside crypto movements, this could really kick off another rally in crypto. Keep an eye on it!
CRYPTOCAP:BTC #Bitcoin after The Halving has not yet led to significant price volatility. The only thing that has changed is Bitcoin Transaction Fees. 1 Hour wait time will cost you nearly $100. And we have a new record reward fee of 37.6 BTC ($2.4mln). Let’s wait for Monday!
ZRX/USD (0xProtocol) formed a descending channel on 12h-1d timeframes. Money flow tries to curve back up. After a clear breakout potential target would be $0.65-$0.80-$1.15.
ILV/USD (Illuvium) formed an ascending channel on the daily timeframe and still climbing towards the upside. There is a probability to retest this channel mid. range (previous supply zone). But, if it breaks to the downside (money flow is leaving) my next potential target would be $71.40-$66.50-$57.56. Keep an eye on this channel.
Total Money Cap of Ethereum and Bitcoin. I am just analyzing history and comparing the previous bull market with this one. I think we still have a lot of room to grow in price on ETH and BTC.
BNX/USD (BinaryX) formed an ascending triangle pattern (7h-1d timeframes). Full send after a clean breakout. The next potential target could be $1.03-$1.35 per coin. Play safe!