Mantra (OMUSD) broke today above the top of its Rectangle, which has been the pattern it consolidated in since late March. The recent low of May 30 was supported just above the 1D MA100 (green trend-line) and that initiated the current rebound. This is not very different than the March 04 break-out, which after holding its 0.5 Fibonacci retracement level, it...
Technical Analysis and Outlook: Bitcoin has completed our designated Intermediary Squeeze Rebound 71500 and is on its way to continue the downward movement to a Mean Sup 67500, where we are expecting a Bull Stage movement to take place to retest the Mean Res 71500 and Key Res 73200, respectively.
we see that the main market is in a breakdown-low time frame, but Dmail shows a possibility of a break in the coming time frames. * This coin is known for unexpected whale increase candles. (out of TA) Depending on our study's low time frame, there is a good chance this coin can break. Further, the Market goes on its way, and it can first have a back trend...
Bitcoin (BTCUSD) requires at all times that we are openminded to all possibilities and not just one. This suggests that we need to be prepared for scenarios that often go against the trend, the majority of opinions and momentum (whether euphoric or panic). Along those lines, we present you today a medium-term pattern that is possible and even though it doesn't...
Thanks for reading this update. We expect that there is a high chance that SPEC will enter $24, since the confirmation. SPEC is a new coin that can show unexpected targets. We will follow this coin for new ATH. The coin has 2,684 holders at this moment and MAX TOTAL SUPPLY 100,000,000 SPEC- top 10 whale wallets stable, and 30% is exchanges. The same study we...
XRPUSD has formed a pattern resembling a symmetrical triangle over the past few weeks, and as the price slowly approaches the apex of this formation, it presents an interesting trade setup with two alternative scenarios. The first scenario involves taking a long position after a breakout above the triangle’s upper bound. The second scenario involves entering a...
Yesterday, Bitcoin again tested the resistance near $70,000 but failed. After soaring to $70,258, it quickly dropped below $69,000, where it currently trades. Overall, not much has changed from a technical perspective since our previous update; merely the sideways trend of a lesser degree became more apparent, with Bitcoin struggling at the $70,000 mark. As such,...
Logarithm. Time frame 3 days. Accumulation channel 15 months. The main step of dialing according to liquidity, 80%. Local trend—descending wedge. Pivot zone from key support/resistance levels. The percentage for orientation is shown. This idea is a continuation of a similar idea published a year ago at the beginning of the formation of the channel of the set with...
Bitcoin (BTCUSD) is doing it and yet again it is going under the radar for some. The price broke out yesterday from its short-term Falling Wedge and as we showed you is extending the Bullish Leg of the Channel Up. Zooming out to the 1M time-frame, we can see that May closed in gains (green) and since August 2023, there has only been one month of losses (red 1M...
Bitcoin (BTCUSD) broke today above the top of the Falling Wedge pattern, which is technically the Bearish Leg of May's Channel Up. If the days closes above it, we will have a repeat of the May 13 Bullish break-out but this time even stronger as the 1D Stoch RSI has formed a Bullish Cross on oversold territory. As mentioned on our previous analysis, the last...
Technical Analysis and Outlook: Bitcoin gyrated in this week's trading between our major Mean Sup 67100 and the newly created Mean Res 69400. The upward movement target shows a continuous target of Bull Stage Squzee Rebound 73200, marked as Key Res 73200. The main obstacles are Mean Res 69400 and 71500, respectively. On the downside, we look at the established...
Hello traders, SAFEUSDT is showing an interesting reversal pattern that could signal a new trend towards its previous all-time high (ATH) level. Today, the coin has demonstrated a new trend activation, prompting us to update the idea chart to reflect this increased potential. There is a high probability that we will see a rise in volume in the upcoming time...
- Simple as usual, everything in graph. - BTC Halving is around April 19-2024. - And of course it will be the main influencer for others altcoins. - Without TheKing Cryptos are nothing. - Cryptos Markets in 2021 : - 1.5T to 1.7T - Forecast of Cryptos Markets in 2025 : - 4.8T to 5.5T - Charge your bag and don't miss the train. - Play always what you don't need...
Bitcoin (BTCUSD) is technically about to complete the Right Shoulder of the Inverse Head and Shoulders pattern (IH&S) that followed the All Time High (ATH) of March 14. The driving vessel behind it is a (dotted) Channel Up whose Bullish Leg peaked at +19.50% and its two Bearish Legs so far have been around -8.00%. As you may realize, there is a high degree of...
Just yesterday, we remarked how large speculators were seemingly devoted to holding their coins despite steep price tags. However, new data reveals that large speculators took a major step toward liquidating their positions overnight, reflected in a significant drop in the number of Bitcoin addresses with balances exceeding 1,000 BTC. This is a highly concerning...
Bitcoin (BTCUSD) is starting the final and most aggressive part of the current Bull Cycle: the Parabolic Rally. The latest and perhaps the strongest signal to confirm that comes from the well known liquidity combo indicators that we have developed these past few years. The Global bonds yields pool (blue trend-line) is reversing upwards again, the first time it...
Pepe (PEPEUSD) completed an extremely strong 1D green candle last week, the strongest in fact since February 26 2024. The 1D RSI turned wildly overbought but as long as the 1D MA100 (red trend-line) supports, we expect this raly to continue all the way to the top of the Channel Up (Higher Highs trend-line). Our Target is for this Bullish Leg to complete a +1136%...
Bitcoin (BTCUSD) has started the 5th Bullish Wave of the current Bull Cycle, following the consolidation of the past 2 months. Since the November 2022 bottom we have had 4 such waves with consolidations ranging from 1 month to 6 months (blue Channel of April 10 - October 10 2023). The current wave can technically take Bitcoin up to $100k alone. What is even more...