bronzieplays

bronzieplays

Hello everyone, XTZ is coming at a decision point. Will it breakout to the upside or downside? If XTZ breaks to the upside, there is some great upside potential. There isn't all that much resistance until we get close to the ATH, where I expect to get a rejection first. So take your profits between $8 and $9. If we break ATH, we are looking at a price around...

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Hello everyone, AVAX is about to make a move, but the direction is still uncertain. Watch for a break of the descending triangle, or a break of the $51 support. In case of a break to the upside I expect a bullish crossover of the MACD launching AVAX to the $75 range first. Stop loss around $47. The target after a break of ATH is just under $100. Be aware we can...

bronzieplays

Hello everyone, some of you might watch this because you bought Pickle Finance after it has been shilled several times on the YouTube channel Crypto Banter. You might have bought in at a high level and seen the price decline over and over again. However, we might have spotted a trend reversal. Only 5 days ago Pickle saw it's lowest point at $6. And this might...

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Hello everyone, AAVE is at an interesting level at the moment. We have seen a 40% rise in price in the past 4 days. So what's next? AAVE reclaimed the $282 support level and reclaimed the 200MA (which is sitting at $282 as well). However, AAVE is still in it's bearish pennant it's has been forming since the late may crash. The rise in price over the past 4 days...

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Here I drew what Wyckoff's accumulation model could look like if applied to Bitcoin. We have clearly had Phase A with the initial drop, automatic rally back up and secondary test. We have bounced around for a while in a range in Phase B, also with a secondary test. I believe we are in Phase C, with the spring completed, being the absolute bottom of this...

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The one thing that annoys me about Tradingview is people over-analyzing everything, using 20 indicators and making a messy chart nobody understands. Unless you are a day trader, keep it simple and zoom out a bit to see what's going on. I've seen claims BTC will drop to 30-35K following the recent dip, and charts that predict 500% gains in a couple of weeks. If...

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Ark has been forming a bullish pennant over the last couple of days after hitting the 1.618 Fib level. A breakout could be an opportunity to get a 30% move to the 2.618 Fib level at $2.90. However, there is a strong resistance at the $2.78 level, so it wouldn't be bad to take profits early. A further break would see us go up all the way to previous highs around...

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DigiByte is about to break out of it's structure. If we confirm a breakout, the first target will be the previous high between $0.16 and $0.17. If we get a clear break of the $0.16 mark, next stop will be the 1.618 Fib levels around $0.20. If we fail this time, I do not expect a break below $0.12 before trying again.

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SXP broke and retested the $4.45-$4.50 zone. A potential 50% move to the $7.50-$8 area is the target if we can get a clear break and confirmation of the $5 resistance level. This would also complete the cup and handle formation. The daily MACD crossed bullish on the 28th with some good upside potential. A retest of the $4 level wouldn't be bad, but a break of the...

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Theta has been struggling with a trendline resistance and recently with the resistance at $11.20. A breakout in the next couple of days is expected, which would see a potential rise to the previous high of $15. A short term dip to the $10-$10.50 range is a possibility. A break of $10 would most likely see us drop to the $8-$9 range.

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Swissborg broke a crucial resistance line today at $1.21. As I am writing, CHSB is retesting that level and trying to make it support. If we manage to hold the short term target will be around the previous ATH of $1.55. A breakout past $1.55 would free up the road to $2, as that is the next fibonacci resistance line. A failed breakout might result in a retest of...

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We have been going sideways for a while, basically since early February. Earlier breakouts failed, thanks to Bitcoin crashing and taking most altcoins with it. We broke out on the 26th of April again, and seem to hold this time around. We have been forming a bullish pennant over the past 4 days. A break to the upside would give a short term target of $730 and a...