AliferCrypto

AliferCrypto

🎯 TL;DR Potential IH&S + W3 Target: $26; W3 Target 2: $32; High Confluence 📈 With the recent dip to $15.3, BITGET:LINKUSDT might be forming an Inverted Head & Shoulders (IH&S) pattern with a $26 target. The 50VWMA is acting as support in this area, and TD Sequential printed a Perfect Buy Setup (red M9) yesterday, offering additional confluence. This retracement...

AliferCrypto

BITGET:ICPUSDT broke out of its descending triangle and has successfully retested the resistance. The triangle target is $20 🎯 Not the cleanest breakout, and lacking volume. Also, a case could be made for a rectangle pattern with a $14 resistance, so the safe play would be to wait for a daily close above that level. The rectangle offers a second target: $16.3...

AliferCrypto

#WooX: Two interpretations, two different targets, same confirmation Ascending Triangle: $0.496 🎯 (Also previous resistance) Rectangle: $0.462 🎯 Wait for a daily close above $0.375 for confirmation Not Financial Advice

AliferCrypto Updated 

Not Financial Advice TL;DR Bullish Pennant on BINANCE:ETHUSDT daily chart, upwards breakout target would be very close to 2021 ATH. SEC approval of VanEck ETF (final deadline on May 23) could be a major catalyst. A rare case of (potential) technical and fundamental confluence: ETH has been building a Bullish Pennant since the end of the Feb 5 - Mar 12...

AliferCrypto Updated 

TL;DR Potential local bottom at $1.07, potential targets at $1.6 and $1.93 Arbitrum is still trading in its rectangle. After a recent rejection from the resistance, today it retested $1.07. If it holds, it would mark a perfect Wave 2 end (61.8% of Wave 1). In turn, according to Elliott wave theory, this would set the Wave 3 target to $1.6 or $1.93. 🎯 $1.6 is...

AliferCrypto Updated 

BINANCE:FTMUSDT is looking quite bullish, with a very clean chart and well respected Fibonacci retracement levels. The support is sitting right at 61.8% of the last leg up. (Common reversal level) I think the chart is open to multiple interpretations, each with a different target: Descending Triangle : $1 Also a key psychological level and a previous...

AliferCrypto

Correlation between US CPI data and Bitcoin price in the following period since Nov '23: 14 Nov '23: CPI -0.5% > BTC +22.59% 12 Dec '23: CPI -0.1% > BTC + 16.29% 11 Jan '24: CPI +0.3% > BTC -17.36% 13 Feb '24: CPI -0.3% > BTC +45.84% 12 Mar '24: CPI +0.1% > BTC -15.68% 10 Apr '24: CPI +0.3% > BTC -18.21% 15 May '24: CPI -0.1% > BTC +17.38% (for now) 12...

AliferCrypto Updated 

BINANCE:BTCUSDT 4H Analysis NOT FINANCIAL ADVICE TL;DR BTC continues moving downwards towards the 60k mark. A bounce there would validate the IH&S pattern and open the way for a W3 to 71k. We have a lot of confluence: On top of being the right shoulder of the IH&S pattern, a retrace to 60k would be 0.618 fib of the last leg up We are seeing some...

AliferCrypto

NOT FINANCIAL ADVICE TL;DR Bear Pennant / symmetrical triangle, No Trade Zone, wait for breakout. Long target is $0.62, short target is $0.26 BITGET:ADAUSDT has been trading in a symmetrical triangle (potential Bear Pennant) since April 13th. For me it's a No Trade Zone now, a breakout is needed to determine the direction of the next trend Fairly respected...

AliferCrypto Updated 

NOT FINANCIAL ADVICE TL;DR Amazing weekly close last week, break above 200VWMA, potential W3 target @ $34 BINANCE:LINKUSDT just had an amazing week last week (+23%), with 50VWMA acting as support and a break above the 200VWMA. If $12 was a local bottom, we could expect a W3 to the $34 area (1.618 fib of the last leg up). A HH above $23 would be a great...

AliferCrypto

NOT FINANCIAL ADVICE TL;DR #XRP Symmetrical Triangle, bull target $0.65, bear target $0.42 BINANCE:XRPUSDT has been trading in a symmetrical triangle for over 1 month. Well respected support trendline, with 4 clear touches. Ascending triangle on the RSI, watch it because a break of the support or resistance trendlines there might be a leading signal of a...

AliferCrypto

NOT FINANCIAL ADVICE TL;DR Potential triangle, case for a +75% move to the $0.75 area Recently launched coin and very early analysis, take it with a grain of salt 🧂 BITGET:FURYUSDT could be trading in a symmetrical triangle, with a fairly technical chart and relevant fib retracement levels. If the recent touch of the support trendline is a local bottom,...

AliferCrypto

Not Financial Advice BINANCE:FILUSDT has been trading in a symmetrical triangle for more than 1 month, and is now retesting the resistance trendline. The RSI broke its trendline, this is a potential leading signal for an imminent price breakout. A successful breakout of the triangle's resistance trendline could mark a reversal and lead to a retest of...

AliferCrypto

Bullish pennant on BINANCE:BNBUSDT Not Financial Advice Fib retracements are drawn between the ATH and the 2022 low. Some levels are still very well respected. (The pennant's low, matches exactly 0.618 fib) We are very close to the pennant's convergence, so a breakout should be imminent. Watch for a breakout of the resistance trendline (solid orange), as...

AliferCrypto Updated 

Flag & Pole would place target at ~90k. Potential IH&S and retest of previous resistance trendline (now support) seem good Long entries. Several similarities with the end of February: RSI trendline breakout Long term support trendline test (purple) TD Sequential Buy Setup

AliferCrypto

Very interesting chart for $ELDA. Multiple retests of the support, with a very strong recent rejection (3x volume spike). The support is also extremely close to launch price. RSI bearish divergencies seem to signal that the support will be tested again very soon. Another bounce might very well lead to a breakout of the current pattern and a breakout of the...