BTCUSD is forming a H&S pattern on 4H which suggests we might dump to $62,500 to complete right shoulder before next move. IMO next move is UP
I see SOL revisiting 135-140$ area before heading up further
Bearish divergence on Daily timeframe has played out already. With Positive Divergence in play and ETH forming higher lows at strong support levels and volume surge at points 2, 4 and 6 suggest Livermore speculative chart is in play ... Go ETH Go
I expect little more more upside ... trap bulls and finally dump
This is what im expecting for USDCAD. It might go touch 1.34 area before turning the tide. From there im expecting retrace to 1.32 levels and finally rocket up .... Lets see.
IMO pullback is still not complete. We could see the pullback with wicks in the area 1.20-1.16. Once the liquidity is grabbed we will see a small rally to form a right shoulder and then down we go. Expecting this to happen in next couple of weeks. Lets see.
I'm seeing Bullish BAT pattern on SOL which suggests one last leg down before any possible move up. Short term we might go down to test the trend line and then possibly move back up.
Reversals are always very hard to identify. Most people believe the previous trend is intact. To me, BTC seems to have bottomed out and is in Wave 1. RSI also indicating the same. Im expecting a good rally up to 49.5-51.5K to complete Sub-Wave 3 of Wave 1 followed by a dump back to 40K levels. Please DYOR.
This is what i believe will happen in coming days ... We will see a small pump to the 45-46 levels followed by a correction and then it will continue going up from there.
Bitcoin has been very choppy over the last few weeks. This is what i believe coming up next for bitcoin. The way we remained choppy on the way down, we will be choppy on the way up. It will be a slow grind into resistance levels 49-50K and bigger resistance at 54-55K. Bitcoin will get rejection into one of those areas and will make another steep leg down to the...
I shared in my last idea the path that BTC will take ... It followed that exact same path and is now in the final stages of forming a bottom on 4H. We will hopefully see breakout upwards next week following by slow and gradual growth.
I see a falling wedge forming on 4H ... Another potential drop should be kept in mind and once the wedge is broken upwards we will see some the price climb steadily.
I'm seeing livermore accumulation cylinder which is a bullish pattern. Good chances for breakout upwards and can go $1 and beyond.
In my last idea i shared SOL can hit 150$. It did hit 150$ now whats next? I still see more weakness in price action. It might go retest 169-170$ level once but IMO it will be just a test of resistance and it will continue further downside upto the levels 100-120$. That i believe would be a good level for strong price reversal.
I believe there is still a little more downside for Solana. At 150-155 it will bounce back hard. Lookout for price level 150-155 for strong reversal. IF 150 didnt hold we will fall to 115-120 levels.
ALICE has formed a bullish BAT pattern which suggests a good move to the upside. Watch out for the targets in green box.
SOL Bull or Bear will be known in coming days. Be prepared for both scenarios. If we retest the downtrend and bounce back we are going to see 310-320 by end of december. If we break the uptrend we will probably retest the red box.
Solana had a massive run. With current market movement it seems to have topped. Uptrend is broken on daily timeframe and is currently retesting the trend line. Bearish divergence can also be seen. Having said that given the overall bullish crypto market situation, chances are this could be the Wave 1 of last Wave 5. In this scenario we could be heading down to...