tkarolak

tkarolak

I'm seeing the altcoin market going through a correction this April, and it feels like we haven't hit bottom yet. I'm expecting to see some signs of a turnaround by mid-April though, and I'm optimistic about seeing growth next month. May looks like it's going to be pretty volatile, but I'm hopeful for a strong breakout in June. It's shaping up to be an interesting...

tkarolak

As I delve into the intricacies of Bitcoin's market patterns, I'm reminded of the 2020 fractal that emerged after reaching a previous all-time high. Observing similar movements, I sense a bullish run may be upon us, potentially targeting around $82,000. My analysis suggests a brief consolidation near the $70K mark (POC from consolidation), followed by a notable...

tkarolak

As I pore over the charts, I can't help but draw parallels to the post-ATH fractal from 2020. With the halving event on the horizon, I’m contemplating the possibility of history repeating itself. The anticipation is building up. Is this the lull before the storm of a bull run? Could the correction be over, setting the stage for a rally akin to the one we saw...

tkarolak Updated 

Diamond Top Formation: The price action has created a diamond-shaped pattern which is traditionally considered a bearish reversal pattern after an uptrend. This suggests potential for a reversal if the price breaks down from the pattern. Falling Wedge Pattern: The price is consolidating within a falling wedge, which could signal that the downward pressure is...

tkarolak

As I carefully analyzed the BTCUSDT 4-hour chart, an intriguing pattern caught my attention. The formation of an inverted head and shoulders pattern, often a precursor to a bullish reversal, suggests a strong upward momentum may soon be upon us. The left shoulder and head have already been defined, with the right shoulder currently in formation. My eye is drawn to...

tkarolak

As I analyze the current Bitcoin chart, I recognize a rising wedge pattern emerging, which typically signals an impending bearish trend reversal. This pattern is defined by two converging trend lines that encapsulate a series of higher highs and higher lows. I'm aware that such formations often suggest that the bullish momentum is losing steam, despite the ascent...

tkarolak

In my latest technical analysis of the BTCUSD (Perpetual Contract), I've identified a compelling 'Cup and Handle' pattern that signals a bullish trend on the horizon for Bitcoin. My chart showcases the formation with a well-defined 'cup' and a smaller 'handle', indicating a period of consolidation that could precede a significant upward breakout. I've marked the...

tkarolak Updated 

In my chart, I've utilized Fibonacci extension levels to identify possible support and resistance areas, with key ratios like 1, 1.618, and 2.272 providing insights into future price movements. I'm predicting the end of the current Bitcoin cycle around the 222K level, suggesting that it could be a significant peak. Furthermore, I'm projecting the next cycle to...

tkarolak

Detailed prediction to previous publication.... I'm predicting the end of the current Bitcoin cycle around the 222K level, suggesting that it could be a significant peak. Furthermore, I'm projecting the next cycle to initiate from approximately 50K correction, aiming for a lofty goal of over 2M. This is a speculative projection based on my analysis. Let's see if...

tkarolak

Watch: 4.5 and 4.56 levels