Wolf_Of_Alt_Street

Wolf_Of_Alt_Street

Here's a comprehensive analysis of BTC performed on a 2 Week time-frame in which we'll look at the previous halving cycles and try to understand how these cyclical events illustrate fractal behavior on the price structure. We'll also compare these cyclical effects to speculate what to possibly expect for the upcoming halving. Post Halving Effects : One of the...

Wolf_Of_Alt_Street Updated 

Here's an analysis of Bitcoin on a 3D time-frame which provides an observation of the asset experiencing a continuous downtrend over the long term as it keeps carving Lower Highs (LH) and Lower Lows (LL) in price. If we look at the price action we can observe a series of Divergences with the price forming Lower Highs (LH) and the indicator (RSI) forming Higher...

Wolf_Of_Alt_Street

Here's an analysis on ADA/USDT on a daily time-frame that demonstrates a downtrend of about 6 months as the price structure weakened and tumbled below $1 making a low of $0.746 within the Descending Channel and despite all the bad news, bearish trend and geo-political factors surrounding the cryptospace, ALTS are gradually trying to bounce back up and ADA is...

Wolf_Of_Alt_Street Updated 

Here's an analysis on ETH/USDT on a Daily Timeframe that demonstrates a downtrend of more than 3 months. As the peaks and troughs were descending, the price structure established a series of Lower Highs (LH) and Lower Lows (LL), but recently the price structure formed a Higher Low (HL), indicating a possible reversal and the breakout of the downtrend. Moreover,...

Wolf_Of_Alt_Street

Here's an analysis on BTC/USD on a monthly time-frame which provides an observation of BTC experiencing an uptrend over the long term as it keeps carving Higher Lows (HL) in price while the indicators create Lower Lows (LL) signalling a Hidden Bullish Divergence. Hidden divergence is different from regular divergence due to the location of the pattern. Hidden...

Wolf_Of_Alt_Street

The price of BITCOIN has been trapped in a well-established trading range between $45.5k and $52k for exactly one month now. The price of bitcoin is still in a state of consolidation and nothing has changed in general as the price moves inside the range. However, if the price breaks to either side of the boundary, traders can enter in the direction of a breakout...

Wolf_Of_Alt_Street

Here's a comprehensive analysis on BTC performed on a daily time-frame and we will observe how the price development exhibit fractal properties over time. Also, we'll speculate upon the factors (listed below) which will lead the price to it's next possible New All-Time-High ( ATH ). Bitcoin has been retracing since 10th November and is currently in a...

Wolf_Of_Alt_Street

Welcome to this comprehensive analysis of Bitcoin performed on a weekly time-frame which is executed using Elliott Wave Principle as it provides a context for the fractal nature BTC's price behavior in terms of waves. Onto the analysis :- As we can identify, the price precedes to take forms of Five Waves sequence labelled with numbers 1 through 5 (motive waves)...

Wolf_Of_Alt_Street Updated 

Finally September came to an end and along with it the bearishness. Despite all the FUDs, the noise, the regulatory crackdowns and the ban from CHINA, it seems that crypto is still here and kicking. Like it was mentioned in the previous BTC update, there were gonna be the washouts before the inevitable moontimes and we all are familiar with how ETH reacts to BTC's...

Wolf_Of_Alt_Street

ETH is forming one of the most bullish pattern, A Cup and Handle formation which is a bullish continuation pattern and has a success rate of 61-63% on a daily time-frame. The pattern points to New ATH and potentially the possible targets of $8k - $10k (rest all targets are mentioned on the chart) and the time duration under which these targets will be achieved...

Wolf_Of_Alt_Street Updated 

Here's an analysis on BTC/USD on a Daily Timeframe and which illustrates the price fractal of BTC and seems to be reflecting a Bearish Price Development in the coming few days. We can see how the price erected three Higher Highs (HH) during Feb-April when interpreted with the RSI (Relative Strength Index) indicator provided a Bearish Divergence as the RSI was...

Wolf_Of_Alt_Street

Here's a comprehensive analysis on EGLD performed on a weekly time-frame and we will observe how the prices exhibit fractal properties over time. Also, we'll speculate upon the factors (listed below) which will lead the price to it's next possible New All-Time-High (ATH). (i) The price momentum has been developing inside an "ASCENDING CHANNEL" since Dec 2019,...

Wolf_Of_Alt_Street Updated 

Here's an analysis on ETH/USDT on a 4-hour Time-Frame, after the previous update (refer to the chart below) : As the London Fork Upgrade was successfully deployed, the price ascended quite beautifully after the formation of the "BIG W". As BTC is facing difficulty in breaking the $50k level and is itself moving in a trading range for the past few days. The...

Wolf_Of_Alt_Street

Here is an analysis on LTC/USDT (Daily Timeframe), an uncommon pattern is spotted on this chart which rarely occurs, namely "Double Headed Inverse Head & Shoulders" pattern. This has same performance & failure rates as the Standard inverse H&S pattern. We know that LTC commonly mimics BTC ( price structure wise) and only after an impulsive move in BTC we observe...

Wolf_Of_Alt_Street

BTC growth to $50.5k hit the BEARS right on their belly ! The bullish rally continued for more than a month and it's time has finally arrived to come to an end. If we look at the current scenario, we can find the price action aligning with market sentiments (Fear & Greed Index made a high of 79, the day before yesterday) and further the breakdown of the uptrend...

Wolf_Of_Alt_Street

Here is a monthly chart of NEO/USD revealing two BULLISH pattern formation in confluence (Ascending Triangle & Cup and Handle) which can provide high probability trading/investing opportunity. The last time it was shared (on a Weekly-Timeframe) the price was around $24 and it rocketed from there to $141 and then eventually the big fall was witnessed as BTC...

Wolf_Of_Alt_Street Updated 

Matic Price-Action using Gann Analysis

Wolf_Of_Alt_Street Updated 

ETH stuck in the CLUSTER BOX where many GANN trendlines and previous Strong Resistance Zone (2.8k - 3k) occured. Now, it has to show some strong momentum towards upside in order to breakout of this box otherwise we may soon spectate a retracement back to the the previous support zone (2.6k -2.7k). For Research Purpose.