alexdageek1

alexdageek1

Looking at this possible symmetrical triangle pattern. Wait for a breakout.

alexdageek1

In my last chart, I was letting you guys know that the 4hr chart was overheated on the MacD and that a pullback was expected. As you can see this did happen. As long bitcoin can stay above 45.5k we are still bullish.

alexdageek1

The RSI and MACD is a bit overheated, a pullback is expected and bitcoin shall continue to pump as soon as RSI and MacD gets reseted. Tradingview does not update RSI or MacD in this chart. But it something you should look out for. A bounce within the bollinger bands is possible, but does not necessarily have to come down there.

alexdageek1

If bitcoin breaks to the upside expect resistance above the midlevel bollinger bands and lines of resistance above. If break below 45.5k, expect 45.5k to be flipped into resistance. The MacD is close to receiving a golden cross and a triple bottom, could indicate bullish signal but btc is still at a deciding moment.

alexdageek1

Ethereum is in falling wedge, has to break resistance on falling wedge and midlevel bolinger bands.

alexdageek1

Solana getting squeezed, which way will it go? Up or down?

alexdageek1

There has been some bearish speculation. Some people are predicting a crash or something. Here is what I will say, to stay bullish bitcoin must remain above 41.5k. To confirm a bearish market crash, bitcoin would have to fall below 39.6k. Keep in mind guys the 1week macd is looking like it needs some time for some consolidation or pullback.

alexdageek1

Could go either way, 4hr MacD shows it could flip bullish. But on 1hr chart shows a bit or bearishness. 50-50 chance of either way and also be aware of fakeouts.

alexdageek1 Updated 

Bitcoin may have bottomed out, if not very close bottoming out based on the RSI on the 1 day chart. Shall it come lower? We have support levels to watch, including the 100 ema. More than likely, bitcoin will be going sideways for a bit, until thanksgiving, more than likely to pump.

alexdageek1 Updated 

Hello friends, Ive made my own analysis based on what bitcoin has done in the past and patterns and fibonacci levels to calculate what is more likely to happen. Before yall guys stab me in the foot and ask me "Alex, dont you want to see bitcoin at 100k by the end of the year? Why are you not being bullish?" All Im doing is looking at the fib levels from high to...

alexdageek1 Updated 

I am using the Average true reading to calculate the stop loss. 2680 + 1170 = 3850. I am not in a trade, I am just experimenting with the ATR. Will bitcoin go up or down?

alexdageek1

Bitcoin is in a ascending wedge, there can certainly be a fakeouts to playout like always. More than likely, there could be a fakeout to the downside and come backup to make new all time highs in the long term. In the short term, the 4hr chart is bottomed out which has room to go up.

alexdageek1

On the 4hr chart on the MACD, we have a nice triple bottom and a falling wedge that could indicate bulish momentum. Price target could be 282, but will not happen right away.

alexdageek1

Kadena support and resistance. On the MACD on 4hr chart, shows we have a chance of going up, but on 1 day chart shows there hasnt really been a pullback. Watch for support and resistance.

alexdageek1

Looking at the MACD, it looks like solana is due for some kind of correction. Although there is no guarantee, it can break out to the upside or to the downside.

alexdageek1

Shiba is ina symmetrical triangle. Could pump to the upside or to the downside

alexdageek1

Symmetrical could pump to the upside. The target would be 272.00, if breaks to the upside. But will take some time to get there.

alexdageek1

Doge expected to breakout soon, target will be .64 cents, will take a while to get there.