Today, I'd like to share my technical analysis on the Brickken (BKN) cryptocurrency, which is shaping up to be an exciting prospect for the year ahead. As I've been closely monitoring the BKN chart, I've noticed a massive bull flag pattern forming on the daily timeframe. This is typically a bullish continuation pattern, suggesting that the upward trend could be...
Today we are taking a quick look into Brickken (BKN). I have done a quick trend analysis on the movement of the token since launch. After launch we saw a drop due to market conditions, a stabilization, long consolidation period followed by a parabolic move to the upside. Currently the price has been locked into the upper range outlined on the chart. We have been...
When looking at the daily chart I see a stair step pattern. This chart shows what we can expect IF we continue this pattern. It also outlines the $28,300 area as the likely price catalyst that will send us to the next step. If you look at the stochasitc, we see hidden bullish divergence just like the last 3 times we moved up. If we drop below that level,...
Hi everyone! This idea explores price action using one of my favorite indicators, the Gaussian Channel. I used the 4 hour chart and went back some time to see how Comp behaves when we drop below the Gaussian Channel. I was able to find very similar price action not that long ago and outlined it for all to see. There has been a sequence of tests and rejections on...
When we cross the 20MA (red) we touch the 200 (blue). Looking back you can see this occurs almost every time. Using this historical data you can see how that 200ma lines up directly with the yellow line outlining the current downtrend that we have been in. I think we go all the way up ( shout out to Fat Joe ), touch it and retrace back down unless of course we...
Short term long BTC to 38k. If we break yellow trend line we will try 41k,46k & 48k next. If not we will have bearish continuation. Looks kinda familiar if we press rewind. Always DYOR
I broke down the range we have been trading in for 2.03 years for BTC. This range is has been sub-divided into smaller areas of support and resistance. This is to help predict what we may be able to expect based on the historical information that we have available which is the ONLY way to trade. Remember, its not about what we think or want to happen. TA is about...
I put this chart together in an attempt to put things into perspective for myself. The best case scenarios and the worst case scenarios based on the historical data available are presented. The chart has a key on it that will show you what everything is. Please let me know what you think down in the comments. Disclaimer- Always DYOR, this is being shared...
“Be fearful when others are greedy, and greedy when others are fearful.” - Warren Buffett Shorts are closing out on BTC & ETH. We are seeing RSI at extremely low points, historically speaking, for most crypto assets. If you look back at the history of BTC you will see dips. Some so long they are considered "bear markets" or "crypto winters". Personally, I think...
Looking to see a triple top reversal. Potential 16% rise in price. Keep in mind this was done on the daily chart. I think over the coming weeks a triple top reversal is likely. DYOR, LMK what you think!
Looking at the mayhem in the market has been difficult lately. Trying to establish some quick trades to keep income coming in. My Targets for SOL are $62, $75 & $95. Let's see how it goes. Always DYOR and manage risk properly. This does NOT constitute financial advice in any way. Thanks
Trend lines and projected targets included on the chart. Just thoughts, DYOR as always! c
Just playing around with resistance, support and trend lines. DYOR
I have outlined some current support levels (White dashed lines) along with ranges we must conquer and flip to support as we move forward. This price action is long overdue and I expect it to come rapidly. Even though I removed indicators, looked at the MACD, EMA Cross, Volume & RSI to weigh my analysis. Short term expect 1.85-2.10 price. Medium term expect...
This idea shows Eth's movement against USDT. Trend lines have been respected even in this market dip. I have put a projection up to display where I expect this cycle to end. Disclaimer: This is not financial advice and I am not a financial advisor.
This chart breaks down the BNB coin VS USDT using nothing but identified trend lines and support zones. As you can see there are a couple of ways the price action can take us. Are we overdue for a correction or are we going to maintain the current channel and break upwards? Let me know what you think in the comments down below. Disclaimer: This chart has...
As with anything in life, I try to see the bigger picture. This chart is a reflection of that. I examined the weekly time frame and this is what I saw. In reality, who the hell knows? Let me know what you think down below in the comments. Disclaimer: This chart is published for the purpose of opening up dialogue within the community. It is NOT intended to...
Follow the line and stick to your personal strategy.