Milad_IMZ

Milad_IMZ

Technical: 1- Doge recently had 50% correction from it's ATH. Considering previous cycles, it appears that after every massive pump, 30%-50% correction has become a trend for Doge before continuation of the uptrend. 2- Price holding a strong phycological resistance level around previous highs (0.35-.0.44) shown with a horizontal ray on my chart. 3- Price...

Milad_IMZ Updated 

Price currently is forming a cup in my 15 min chart, I think we will possibly see a handle before the break out to upside. First target will be $0.62 and I think we will be there sometimes this week. Then we should be seeing some kind of consolidation before moving more up toward second target of $0.86 and then long term target of $1.25. Overall this is a good...

Milad_IMZ

RSI: Highly Overbought. MACD: Alarming that we are in danger zone. As much as I love technical analysis, BUT, I think in this situation technicals don't matter much. As you know there is a movement to push Doge to $1 all over social media and specifically Reddit. Dogecoin subreddit just gained more than 500K new members and it's the second top growing community...

Milad_IMZ Updated 

Elon Musk's favorite coin just started to perform! The biggest candle stick I have ever seen in Doge! Is Reddit/WallStreetBets crowed betting here too? who knows, for now just sit back, buckle up and enjoy the ride. This is going to be massive. If it manages to pass 261.8 fib, then as shown in the chart, next stops can be 0.018 and then retest of ATH, 0.02 or...

Milad_IMZ

According to an old famous saying "weekly chart is the best friend of a long term investor". In general, in a healthy and perhaps long term bull market, price usually comes back and touches 21 weekly moving average and then from there it bounces back higher. Coming back to the current Bitcoin bull run, price has distanced a lot from 21 weekly moving average,...

Milad_IMZ

Bitcoin currently experiencing the long overdue correction I was waiting for. To be honest I was expecting this correction around $23,500 region and the rally for last three weeks was not something I was expecting (You know, when FOMO comes in, technical analysis is not making much sense LOL). Also RSI was in overbought region for long time and it was warning us...

Milad_IMZ Updated 

On the weekly chart Dodge looks very bullish... I think what started last night will end up retesting it's ATH or $0.02... This should happen very soon, or sometimes this week... Based on the chart Dodge will be the first crypto after Bitcoin to retest and possibly surpass its ATH.... However, be careful trading this coin since tendency for liquidation is high...

Milad_IMZ

As you see in my daily chart, since its creation, BSV had 2 parabolic raises, each time massive %250+ gain over the course of two days. Last ATH was 78% gain from the previous ATH or about $460. Considering this sequence and timing of the event (10-12 months), another parabolic raise is likely to happen soon for BSV, the price target could be at 78% gain or...

Milad_IMZ

A lot of people are asking is Ethereum lagging behind Bitcoin, as Bitcoin continues to rally up? The short answer is NO.... As I mentioned in my BTC analysis (link below), Bitcoin is heading toward 1.618% Fib Extension, a major resistance. However, as you see in my 4h chart here, note that Ethereum already tested that major resistance (1.618% Fib Extension) back...

Milad_IMZ

It appears that NOTHING can stop Bitcoin to continue this uptrend. As you see in my 4h chart, a huge resistance is on way up at $17,583 or 1.618% Fib Extension. It is quite possible we reach that target sometimes this week or early next week... then we should see some sort of consolidation before continuation of the bull market... As you see in my previous idea...

Milad_IMZ

BTC retesting support levels. A correction that I anticipated before a major rally up. By major I mean really MAJOR!! I believe this will be one of the last times that BTC ever see below $11,000 or even $10,000 levels for quite a long time, before the take off. I anticipate a major multi years rally. We may go down as low as $9800 shortly to touch 21 WMA, then...

Milad_IMZ

ETH broke above 161.8% Fib Extension after almost 2 weeks of struggle. Will tomorrow be another great Saturday for ETH?? Nobody knows, so we have to wait and see. There are no major resistance and the way up is clear. Next stop is 261.8% Fib Extension or $531. RSI on daily chart is overbought for a long time... So there is a great probability that we will have a...

Milad_IMZ

Couple days of inaction and consolidation for ETH! RSI is back to neutral zone (58).... Price is holding nicely above 21 MA. According to what I'm seeing, a break up is highly probable, but I'm not sure about the time! It can happen tomorrow or closer to the weekend. If it can break strongly through $404 resistance then we are off for a strong rally up to 261.8%...

Milad_IMZ

Good Morning traders & friends! Hope you guys survived the massive dump on early morning of Sunday. If you did not, please do not get emotional and try to focus on current and future price action, let the past go since that's water under the bridge and worst is gone. Remember, as a trader, you should always learn from your mistakes, and there is always time to...

Milad_IMZ

ETH had couple days of sideways movement, not quite a correction, but it was enough for a healthy bull market continuation. Today, price was able to break above $325 (100% fib extension) and hold it, which I've anticipated in my previous analysis to act as strong resistance. I think a strong move up is highly probable either tomorrow or during the weekend for...

Milad_IMZ

BCH joined other major cryptos today that were already started the bull run! It is officially out of it's consolidation zone started mid-March. I anticipate continuation of the upward movement tomorrow. Targets are 61.8% and 78.6% Fib Extensions, which are $314 and $337, respectively! Let's see how it goes.....

Milad_IMZ

LTC is the third crypto started the bull run! The run initiated by Ethereum and followed by Bitcoin. Litecoin is officially out of it's messy consolidation zone and started to move higher. Immediate targets are $56.23 and then $60. All based on Fibonacci. Long term I anticipate $79. Sit Back & Enjoy the Ride!!

Milad_IMZ Updated 

All indicators show an overdue correction. I personally thought a correction at $297. However there is no sign of correction or weakness in Ether. So a move higher to $325 or 100% fib extension is probable before we see the overdue correction. Note that if it passes $325, and no correction, a rally up to $400 is more probable. Nice performance Ether!