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On the 4-hour time frame, it looks like a head and shoulders pattern has formed. This kind of pattern only becomes valid after it has break out and in this case it did. The price target for this is around 51600 area and as you can see it already hit this price. This could possibly be because of the “sell the news” event where Elon Musk announced that he now...

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Chiliz had huge pump towards the upside recently having reached as high as 0.00001300 area but right now it seems to be going down. Most likely it will have a sideways movement within the descending triangle pattern and luckily, there is not enough selling volume for this coin to fall back towards a major zone at 0.00000470 price area. It can most likely reach...

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So far, I already hit my bullish price target at the 57367 region as represented by the yellow star and still waiting for the price to hit my higher target at 65200 region. Bitcoin has finally hit all time highs having reached as high as the 61800 zone, but if we look into the daily time frame we can see that the volume is not as significant as to bullish trends...

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My bullish price targets have been met at the 52000 green box area. As I said before, once we pass the 52000 area, our next target would be at the 54000 region. We arrived in both targets which are represented by the yellow stars. The 54000 price area seems to be a strong resistance right now, although we have broke up towards the 55800 zone but just for a quick...

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I have used the BTC log curve as one of my indicators today. It shows us if BTC has already reached its peak (represented in the red zone), therefore it will enter a big correction or bear cycle shortly after. If we are to copy the price movements starting around mid November 2020 until March 2021, it would look something similar to this. The white trend line...

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It is nice to see the candlesticks above both the 20 EMA and EMA ribbon once again. In the past few days, candles have been closing below the the 20 EMA and even reached the middle part of the EMA ribbon with strong selling pressue as seen in the volume. This is a healthy correction/ consolidtation for BTC, throwing out the weak hands because overall, the long...

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My price target for the 100 MA and 200 MA has finally been hit as represented by the 2 additional yellow stars. We finally surpassed the strong resistance area represented by the yellow box. As I said before once we pass this area we can retest the 52000 area again. We need to break through 52000 area before we can proceed to my next price target which is just a...

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It seems like the strenthening DXY has pushed BTC just short of my price target of 46100 region. But slowly the price has been inching its way back up again, having reached my 100 MA price target. BTC looks like it will be in a sideways movement for now, within the range of 48800 to 49400 - this seems to be the short term resistance zone where BTC looks like...

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DXY is looking pretty bullish now as it already passed through my long term support trendline of the falling wedge. At the same time, it pushed through my green resistance box. Right now it loos like it can have a sideways movement anywhere in the range of 91.85 (the price of the 21 MA) up to 91.96 (the price of the 9 MA). If it shall fall below the 21 MA, it...

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XRP/BTC is in an area of high confluence right now. If it should break through the pink 100 MA target of 0.00000960 area, next target price we are looking at is where the yellow line is. The yellow line represents the 1.68 in the fibonacci retracements, so we may reach the 0.00001030 price area and have a sideways movement first before we go on to my next price...

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The bearish scenario has pushed through with the BTC price and hit my target zone around the 48400 zone. Unfortunately, it went down further as I was not able to take into account the BTC/DXY correlation. As the DXY strengthens, the BTC weakens. The DXY has hit expert's price target of 91.60 and showing signs of bullishness. Unless the DXY can slow down and...

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Analysts said the DXY will go for 91.60 region and it certainly did as it also surpased that price. Candlesticks have pushed through the long term white resistance line of the falling wedge is is now inside my green resistance box and looks like it can possible move sideways from here. On the RSI, it has touched overbought levels while its prices hits the...

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Candlesticks hit the 51700 are just below my green resistance box then came back down. But it is still within the range of the bull flag, so it can continue the trend within this pattern. I am still pretty much bullish with the prices as the EMA ribbon acts as support for the candlesticks. Beside that, the ATR Trailing Stoploss shows a buy signal and this is...

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Yesterday, I found a falling wedge pattern and has broke through its support line. Price targets has hit as shown on the yellow stars, 50200 area and the 52100 green zone area. Today I have found a bullish flag pattern Alongside the indicators, it looks like we are still headed to the upside. MACD looks like it is about to have another bullish crossover while the...

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Another falling wedge pattern has formed after it broke through my bigger falling wedge. Right now, the prices are well within my key zone and so far holding onto this range. Candles are now breaking out of the smaller falling wedge and can now retest the 50200 area. If it breaks through the 50200 area, my next level to look forward to is the 52100 price level....

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I would like to a take a different approach to my technical analysis this time. The overall chart pattern found recently shows a falling wedge which is generally bullish. In the 1 hour chart, you can see that that the 20 EMA has crossed above the 50 EMA at around the 46800 area. At the same time, the ATR Trailing Stop Loss is showing a "buy" signal. Candles are...

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The bearish scenario has fortunately not pushed through my price target of around 40k to 41k, although the price has only touched the 44k region for a brief time. Candlesticks are sitting just on top of my key support level and is slowing coming towards the 200 EMA and now touching my my key zone area. It looks like a new pattern is forming with a double bottom...

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BTC looks bearish alongside the indicators. We can see with the RSI indicator that a bearish divergence that has formed. As I expected, it is currently in a sideways movement slicing through the 20 EMA. The 20 EMA has been acting as support for the candlesticks recently until now. It will need to go above the 20 EMA line to start being bullish again. We can...