Current "bear market " i see as a copy-paste pattern that formed on stock market in period of 1999 to 2009. You can see basic structure on upper charts. On the bottom charts you can see Bitcoin on the left and Dow Jones on the right in 12h time frame. As you can see current bitcoin structure also very similar to DOW Jones in 2009. coincidence? We will find out...
Little idea update. After RSI formed a huge bottoming pattern on RSI in summer 2021 price retested this trend line in january 2022. This happened as in march 2020, BUT this time we had 2nd retest of a trend line on RSI - this looks bullish for me. Yes we could see some more volatility before going higher but i will not wait prices below 25k. I think this is...
In february i wrote an idea called "Comparing 2019 mid cycle correction with 2020-2021 on 3D chart" As an update i marked with green vertical line place where i think Bitcoin price is. As we can see on the chart this structure still in play. This takes time and we should be patient.
I found interesting trend line on DGB-USD 2W chart that started more than 2600 days ago and recently price retested it again and reversed upwards. Since bullrun 2017 DGB formed a MASSIVE ascending triangle.I took it's height and put it on the breakout point which brought it to 8-13$. Also my targets on 8$ and 13$ were measured with FIB retracement before. From...
Staring on the charts i noticed similar market structure on 2019-2020 and 2020-2021 mid cycle corrections. After first market top (marked with number 1) there were strong correction until the moment when RSI formed double bottom on around 34-40 level. After RSI formed a bottoming pattern there were secondary rally until 70 on RSI. Secondary rally marked with...
ROSE gained momentum and price skyrocketed. First target is at 1490 satoshi but consider that in bitcoin pair coins usually more volatile. After first target i expect 50-60% correction and new leg up after some time. Second and my main goal is 4300 satoshi. Entering now is very risky, only for very short term. In dollar values T1: 0.56$ T2: 1.22$ T3: 5.2$ My...
Lets look at market structure, comparing 2016-17 on 3d and 2021 on 4d chart. This cycle is longer so 4d is more reliable. First top was around april-may 2021 and after that market plunged into long accumulation, same as summer 2016. I took a measure with my fib retracement and dragged it from summer bottom 2016 and 2021 until second peak marked in yellow circle....
Looks like bottom is in and for the next couple of weeks will be sideways and little bit up This moves on 1w and 2w time frames are pretty similar to 2013. If so we could see market top around october - november this year
After weeks of growth Theta created rising wedge. Usually this pattern breaks down massively. It can go higher but it's very dangerous to buy/hold at this levels. StocRSI also cant sustain at this levels. I see stocRSI falling below 20, creating another buying opportunity in coming months. I think this will play out in 1-2 weeks.
Litecoin did not perform well as BTC or ETH for the last 3 months, but in the next upcoming growth - Litecoin have potential gains higher than BTC or ETH in percentage. According to 3D chart it seems that price have bottomed and LTC ready to lead the market. Price and indicators made higher low. This could possibly be a beginning of a new uptrend. Stoch RSI and...
As said in previous analisys - matic went sideways fighting 55 EMA(yellow dashed) and held 21 EMA (blue dashed). Price squeezed, result is breakout. Just added some more matic at 174 sats couple of days ago. My next targets are yellow lines, best guess at 0.035$. Whole movement could last untill beggining of may. Good luck!
If price can hold between 21(blue) and 55(yellow) EMA unil the end of march then expect possible movement up in april RSI broke up 40 level, its a good sign. Stoch RSI at high levels, its a good sign If price in april will break major resistance at 0.029$ and stay above it for a while - it means more upside movement wil come by apprx. mid summer Im not selling any...
MATIC in channel right now. It can go lower and move sideways into the april If it breaks down then another story
On 4h chart after MATIC broke out 600MA and finally found support on it. IF 600MA holds and price can break 0.022$ it could make 3ple bottom and move higher into the march
After matic tested ATH, it crashed and consolidated. Price broke out of consolidation zone and found support at 0.2$ and 55 EMA Sooner or later price can go up, extremely fast
It's just an idea. Matic was one of the growth leaders of 2019 He moves quickly and unexpected. I saw similar pattern before (by pattern i mean whole chart) If this play will be similar then matic can reach unexpected high price for this coin. On Matic/BTC will be different situation ( depends from BTC price). Observing MATIC/BTC it is harder to predict the next...
Stoc RSI going to fall Lower highs/lows 4 year trend resistance rejected price I expect BTC dominance to fall and BTC price going to 7200 by 20.09.19 Altcoins started to show some strenght versus btc, i expect alts are going to march 2019 price zone
QKC just hiting the end of cycle and the new cycle must begin in the next few days. Expecting huge pump since there were 2 or 3 huge buy orders on binance and they are just getting filled. Possible targets are from 107% till 534% from 150-153 sats RSI and Stoc RSI are almost ready to move higher According to Stoc RSI the momentum is in consolidation mode