farhadnmd

farhadnmd Feb 20

Bitcoin has been ranging around the 98K level for about 90 days. Fractals show strength, but I see another potential move incoming, though with a low probability. In this scenario, we can expect a quick shakeout in the market, where BTC price drops in a 17% shadow down to $80K, followed by a flash recovery to the starting point of this move, continuing toward new...

farhadnmd Feb 10

Bitcoin is following gold in its pattern formation. Fractal analysis of gold and Bitcoin reveals similarities in both charts. While gold is slightly ahead of Bitcoin, the same pattern is emerging on Bitcoin’s chart. If Bitcoin follows gold’s performance, it is likely to break out of this widening wedge pattern and reach new all-time highs, aligning with my...

farhadnmd Jan 25

Bitcoin decently moved as expected according to my last analysis and now is ranging between 90 - 107K for almost 2 months and now I expect the price to make another last correction to GETTEX:97K and grab the liquidity to make a new leg up to the new all-time high of $130K and start the main move to my ultimate target of $150K. The zone between 154 - 172K will be...

farhadnmd Jan 25

Bitcoin dominance is still in an obvious uptrend and in my opinion we can have a potential scenario as illustrated on the chart which the dominance will have a spike up to %68 as Bitcoin records new all-time highs and the alt-season that we all are waiting for will start right after hitting this level around Mid-February. This analysis will be invalidated if...

farhadnmd Oct 30, 2024

Bitcoin dominance has broken the main long-term resistance on the weekly and monthly charts, making it very bullish and likely to reach new highs. In this case, we expect Bitcoin to dominate the crypto market and surpass altcoins in gains. After reaching the target of 67%, we can anticipate the alt-season to start, marking the time for altcoins to make moves....

farhadnmd Oct 30, 2024

BTC is making a decent change of character on the daily chart and now it’s making new highs. According to my latest analysis on Bitcoin, the bullish scenario of breaking above 70K has played out and now we’re closing the price above 70K. In the current situation, I expect a minor correction to 66K before starting the main rally for Bitcoin to higher price levels...

farhadnmd Aug 28, 2024

The crypto market just had a decent recovery from its latest crash on Black Monday. Now, it seems we can expect another low based on the market structure and technical analysis. Historically, September has often been a red month for markets. What I expect is a quick flash in the market before it goes up to make new highs, starting the main bull market we've all...

farhadnmd Aug 22, 2024

Bitcoin has been in consolidation mode for about 6 months, and now it's almost time to make a decisive move. Considering the market structure, including the highs and lows, I expect BTC to make another low before heading towards a new ATH. We have two important main support levels at $44K and $37K, where the price could bounce back in case of a market crash in...

farhadnmd Aug 22, 2024

The Bitcoin Dominance chart has just reached a key resistance level, which is expected to trigger a rejection and initiate alt-season. However, given the market's volatility and technical structure, another short-term bearish scenario is also anticipated. In this scenario, BTC dominance could spike up to 67% over the next two months, potentially until...

farhadnmd Aug 2, 2024

Gold painted a huge cup and handle pattern on the monthly chart which makes it super bullish for the long term with the target of $3,200. But for the short term, I expect a correction to $2,100 before the main rally to make new highs.

farhadnmd Jul 1, 2024

SUI has been in a downtrend for the last three months and is now about to test a strong demand zone at $0.58, which is the buy zone I have in mind for SUI. The main targets are $2.79, $5, and $12.7. DYOR

farhadnmd Jul 1, 2024

API3 is on the verge of breaking through a long-term resistance level. I expect the price to make another low before starting a move from the support level at $1.53. The targets I have in mind are $14 and $27

farhadnmd Updated  Jun 27, 2024

LSE:CRV has been consolidating within a triangle pattern for almost four years, and it is now on the verge of breaking out either above or below this pattern. It is most likely to be a bullish breakout, potentially moving upward toward three main targets specified on the chart: $0.90, $1.65, and $4.48 over the next few months.

farhadnmd Jun 27, 2024

Render is one of the strongest projects that has recently performed very well. I expect the price to bounce at the support level of $5.50 to aim for higher targets at $32, $57, and $123

farhadnmd Jun 25, 2024

ARB has been in a downtrend for almost 4 months, and now it's about to make a CHoCH and start a move upside to make higher highs. I expect the price to hit the support at $0.62 and the ultimate targets are at $5.5 and $10

farhadnmd Jun 25, 2024

Fantom has performed exceptionally well in the previous bull market with more than a 200x growth, and now it is trading almost 81% down from ATH. The support I have in mind for FTM is at $0.36, with the target at $2.6 and the optimistic target at $27. DYOR

farhadnmd Jun 25, 2024

DYDX is in consolidation phase for almost 2 years and 94% down from its ATH. It has the potential to reach $25. The main support is at $1, IMO.

farhadnmd Jun 25, 2024

COMP is down almost %94 from its ATH. I expect the price to hit support at $30 and start a move to higher targets at $531 and $2,420