NasirCrypto

NasirCrypto

I pray for a cease fire but before that GOLD is super bullish and highly dependent now on fundamentals rather technicals. Gold broke out from descending channel and final target of this pattern is $1995. We see a bearish cypher pattern which completes at $2012 and we can stretch it max to $2018 so thats where price should technically reverse but if it doesn't...

NasirCrypto

We have 2 important breakdowns on daily chart. #1 Bearish flag breakdown, Technical target of that is $1774.74 #2 Ascending trend line break down, Technical target of that is $1795.92 Price is trying to breakdown from golden ratio level 0.618 which IF breaks down then most likely are going sub $1800 levels. GOLD seems very bearish for mid-term because on daily...

NasirCrypto

We have a double bottom pattern on 8-hour chart which is a bullish pattern, Technical target of this pattern is $18,892. Let's see if this plays out.

NasirCrypto

BTC is developing bullish deep crab harmonic on a daily chart which will complete at $12,884 which is its PRZ(Potential Reversal Zone). Price will bounce back from this level to the upside. On a weekly chart we have another bullish deep crab harmonic developing which will complete at $3,752. Remember this is a weekly chart so it can take months to complete but...

NasirCrypto

BTC is moving inside a rising wedge (bearish pattern). Price needs to hold the ascending trendline level, upon breakdown technical target of the pattern is $19,096. Bullish shark is developing which will complete at rising wedge technical target or $18,826. Right now, we are at critical situation due to CZ planning to sell FTX tokens and many people building up...

NasirCrypto Updated 

We have a double bottom on BTC on daily chart which already broke out and currently trying to retest, if this plays out then technical target of this bullish pattern is $22,805. Another important thing to notice is that we hidden bearish divergence on RSI and MACD under development which will be confirmed at daily closure. Invalidation of this requires BTC to...

NasirCrypto Updated 

Left Chart : We a have a bullish shark harmonic in process of developing which will complete at $17,870 level, Invalidation or stop-loss for this will be $17,032. If this level breaks down then we will possibly stop at $13k-$15k levels although I still feel we won't go down that further but anything can happen in crypto. Right Chart : Bullish shark harmonic...

NasirCrypto Updated 

BTC was unable to hold its major support of ascending broadening wedge and broke down. Next possible target is at demand zone of $19,274 whereas final technical target of broadening wedge is $17,737. A bullish shark harmonic is in process of developing which will complete at $18,929. Invalidation of that will be $17950. Avoid futures trading for some days,...

NasirCrypto Updated 

Bitcoin is moving inside a symmetrical triangle on a daily chart. Break down target is $18,950 and breakout target is $21,003 Price has been ranging between $19650 to $20400 for over 11 days now. This is considered as a boring market. People are mostly longing from support and shorting from resistance. We will soon see a move on either side because we have some...

NasirCrypto

Bullish Gartley harmonic has been identified on a 6 hour chart, Everything else is giving bearish signals except this. Lets see if this one plays out. RR on this is 1.91.

NasirCrypto

DOT is making a bull flag on daily chart Technical target of bull flag is $9.338 We have some bullish divergences on LTF so looks like we will soon see a breakout.

NasirCrypto

We have discovered that a bear flag was made and it broke down, Technical target of that pattern is $7075. I am NOT saying this is going to be a hit for sure but just sharing this analysis which we recently discovered. We might see a retest towards $21500 and then break down. Another confluence is rising wedge on 4H, Technical target of that is $18,474. We are...

NasirCrypto

JASMY is in process of developing Adam & Eve pattern which is considered as a double bottom. Another pattern which is in development is rounding bottom, If this pattern completes then we are looking at over 56% gain on this trade. Upon successful breakout & retest we are looking at another 46% gain. This trade can possible give us over 100%+ profits but it will...

NasirCrypto Updated 

We have discovered something which suggest that $20K seems inevitable. This chart is based on 4EMA's on weekly. First time bearish cross over happened was 3rd Sept 2018 and price dumped to over 56% Second time this occurred in March 2020 (Covid Crash) and price dumped up to 55% This is the 3rd time we are seeing this bearish cross over on weekly and lets say if...

NasirCrypto

BTC is making a lower low on daily so we have a chance of a relief rally by making a lower high so based on that we have 2 scenarios. We are halfway to the bear market and second half is on the line. Scenario 1 BTC will range between $20300 to $23000 for sometime and then break out towards $25k to $28k possibly making a bear flag and goes down towards...

NasirCrypto Updated 

GAL made a bullish shark harmonic. Everything on this trade setup is self-explanatory. We are on weekend so market is pretty much volatile so if you pick this trade then MAKE SURE you use SL and use lower leverage max 10x on this trade or even lower in case you are doing futures instead of spot.

NasirCrypto Updated 

BTC has been consolidating in symmetrical triangle for last 1 month and still there is more room to consolidate further. Upon breakout and retest from triangle, Technical target of this pattern is $36,653 and upon breakdown and retest we can see the target of of $25,218. So right now BTC is ranging in purgatory. There was a wick down on 12th may towards $26,702...

NasirCrypto Updated 

BTC is in process of developing a bearish 🦋 harmonic, It will complete at $30,824. Invalidation of this will be if price goes below $28K level. We have strong resistance levels at $30,500 and $31,500 so chances of this harmonic playing out upon completion are very high.