BTC broke out from the long decending channel in January after a 30% pump. Currently price is retesting the long decending channel and printing an inverse head and shoulders pattern. I expect side way consolidation to trap shorts and gain fuel for the next pump to 28k. The measured move of the inverted head and shoulders is 40k. But I can see price reaching 48k...
Throughout BTC's history, two monthly Heiken Ashi green candles have been followed by a red candle only three times. Two monthly Heiken Ashi green candles have been followed by a green candle six times, in BTC's history. There is twice the odds that next month's BTC candle is green. Couple that with other analysis that I have done in the past and next month being...
Boucing off horizontal support and decending channel support, falling wedge breakout, technical breakouts, can head to previous support turned resistance.
One of the many coins that will pump, it has a very clean TA. Double bottom. Fakeout below key level, with range re-entry and retest. Breakout of a decending channel will with retest. Measured move of the decending channel's breakout is confluent with range resistance. a the moment only 9.9 target is high probability, but break into upper ranges will entail...
I predicted in my previous analysis that Luna in May is bearish and this is happening. I believe we had our first mark down and now price will consolidate at the support of the longterm rising channel. I am imagining that there will be another mark down at the end of May. The next markdown will be a breakdown from the longterm rising channel, which will spell...
Bart up to 21k or dump to 11.8k. BTC is reaching the falling wedge's resistance and a decision must be taken. Breaking out of the falling wedge will result in a bart up to 21k. 21k is at a confluence of the fib circle resistance and fib channel. A rejection from the falling wedge will send the price to 11.8k which is at the confluence of the fib circle and...
This is a bullish view of LTC. LTC has consolidated at around $50 for 6 months after dropping 85%. Now price has broken over the range and seems to find support from the bottom of the range. Furthermore, it appears that price action is printing a livermore cone that can breakout. Breakout of the cone will push the price in the upper ranges between 235 and 310. ...
Using fib timing on the RSI, log growth curves, range levels and channels we can estimate the longterm path of BTC. First we notice two rejection off the upper band of the long-term log curve which signify a move to the lower bands of the log curve. It seems that BTC peaks between 0.618 and 75% of a fib cycle on the RSI, projecting the next peak should be around...
USDT.d might be forming a double top. If next weekly closes red for USDT.d, it will print a bearish divergence on the RSI and signal a respite from the dump. estimated relief pump to 19k on BTC, to the 0.618 of the weekly usdt.d impulse bar. A break of resistance at 9.52% will send it to 10.5% or approximately 13k BTC.
The flippening, or when ETH exceeds BTC in dominance, aka flipping dominance, will happen on May 2023 according to this chart. By charting the ratio of ETH dominance, ETH.d, to BTC dominance, BTC.d, the flippening occurs when the ratio exceeds 1. ETH.d to BTC.d ratio has printed a cup and handle pattern on the higher time frame. This pattern's measured move, if...
Diamond reversal and inverted head an shoulders. Break these patterns and we have a pump. Measured moves noted. This coin not affected by the FTX debacle.
Doge broke out from the descending widening wedge which started with the peak on November 1st. This is an odd behavior considering the catastrophe that befell crypto. But maybe there is speculation that Elon will buy FTX pennies on the dollar, renaming it Dogetown, saving crypto and FTX at the same time and pumping Doge. The first target is 0.119, this is the...
Trust me bro. HTF idea below still valid. Looks good.
Breakout from a long-term descending triangle will should allow Tron to run. targets denoted. RSI broke out of descending trend. Analysis based on the idea that the market bottomed as described below.
Having formed a long term bull flag, it will like test the flag resistance, Breakout of the flag will send it to first $53, the flag channel width. Flag measured move is in the $550. The MACD broke out a while ago but retested on the lower time frames.
This is going to be a heartbreaker. There was a monster heads and shoulders that broke down with a bearish retest. The measured move of the H&S is the 0.124. The 0.618 was broken and now is a major resistance.
BNB has been riding up the 1.618 fib channel since it hit the lows in June 2022 BNB broke out of the 1 year old descending channel and is heading to the channel's measured move of $500. The hack on Binance chain hardly did anything. The current dip is just a retest of the old descending channel.
Taking the inverse of BTC, 1/BTC, we can see that its 3D RSI topped on June 24th and reverted. The tops of the inverted 3D BTC RSI correspond to the major dumps in the real BTC price such in December 2018 and the March 2019 black swan event. We can interpret the topping of the inverted BTC RSI as the bottom of the real price and new upward trend like in April...