Pattern: Rectangle on 1D. Signal: Scalping as long as the pattern holds. Target: Buy Zone at 5.7670 - 5.7630, Sell Zone at 5.8250 - 5.8355.
Pattern: Ascending Triangle on 1D. Signal: Bullish since the 1.0890 Resistance broke upwards. Target: 1.1000 (lower 1W Resistance).
Well you can't say you weren't aware that today's red candle was coming. All the signals were there and I tried to put them into context for you: Either with the 1D RSI - or - The 1D MA200 Today is no different and I have another indication showing why I am waiting to buy more lower ahead of the new bull cycle. On the 1W (weekly) chart, the RSI reached...
The similarities between the 10 September - 15 November 2018 and the 01 February 2019 - today price actions are more than visible. There is a very high chance of the pattern repeating itself is the 630.000 Support breaks. The target would be 365.000 where long term investors can buy again for the next bullish leg.
Pattern: Channel Up on 1W. Signal: Bullish on the 57.000 Support and the Channel's estimated Higher Low. Target: 77.000 (the 1W Resistance level).
Pattern: 1M Ascending Triangle. Signal: Bullish (1D Support). Target: 3.8200 (1D Resistance and 0.5 - 0.382 Fib level).
Pattern: Channel Down on 1D. Signal: Bearish due to the squeeze of the Falling Wedge (dashed lines). Target: TP(1) 1.81990, TP(2) 1.81500 (within the 0.5 - 0.382 1D Fibonacci levels).
There is heavy Resistance from the Lower High trend line on 1D (bold dashed line). If broken to the upside, a -0.82% high from the previous top may be made. The target on this scenario is 1.1353. If rejected, it should test the 1D Support at 1.11815. *Notice the 4H Channel Up pattern that resembles the one during February. This supports more the bullish break...
Pattern: Channel Down on 4H. Signal: Bearish after a Lower High rejection today. Target: 11,855.70 (4H Support). *Note: If 11,800 breaks, the 1D Channel Up can technically reach its Higher low at 11,620.
After my last BTC idea on a possible 30% pull back attracted extremely high interest, I decided to post yet another analysis showing why a pull back at this stage is much more likely than an extension of the uptrend. Based on a fractal comparison with the 2015 price action during the accumulation stage after that cycle's bottom, we see that the price crossed...
Well don't blame me about the recent spike. You were warned on March 5th when I told you to buy at 4.226 on a perfect fractal recognition and target 6.500. Well ETC took off right after and touched 8.000 even! Another perfect fractal has been spotted from the 2017 kick start of the bull cycle. Bullish break-out, then Channel Up with clear Highs and Lows and...
Every time DOGEUSD retraces below the 0.382 Fibonacci level after a 1D bull run, it pulls back completely, filling the gap 100%. Why should this time be any different? The bear market on DOGECOIN lasts longer than the average crypto market anyway, so I am expecting 0.00200 next and then a rebound to 0.00300 for the new top.
On the first chart (medium term) I've put TRON on the 1D chart, which is a bullish Inverse Head and Shoulders formation (1W). The neckline is obvious and is what has been providing the direction (through rejection and rebound points). One more Low around 0.02300 is left until the pattern aggressively breaks to the upside and towards 0.044 and 0.055. On the second...
Pattern: Inverse Head and Shoulders on 1D. Signal: Bearish as the price was rejected on the 4H Resistance. Target: 2.89100 (above the 4H Support).
Pattern: Inverse Head and Shoulders on 1D. Signal: Bearish as the price was rejected near the 111.900 Resistance. Target: TP(1) 111.000, TP(2) 110.750.
Not too complicated TA combinations on this one. Purely based on the fact that every +200% rise on BCH after the All Time Highs, ended with a decline. Obviously during the bear market the price broke the low, while since the December bottom, the sole +200% rise pulled back to its 0.786 Fibonacci. If the current rise gets completed at +210% again, then that puts...
Litecoin has continued its crazy rise since the December 2018 bottom and only recently made the Golden Cross (MA200/50) which paved the way for last week's $98 Top. You can't say I didn't warn you about this super aggressive rise in February when LTC was trading at $49 as seen below: Now, almost 100% higher it may be a good idea to take profit. There are...
Don't tell me I didn't warn you on March 8th about this first break out! The fractal was there: However, those who missed this week's huge spike on Bitcoin shouldn't worry. Based on the 1D RSI another pull back should be coming soon . As seen on the chart since the price action crossed over the 200DMA (orange line) during the last bear market (that...