JacintoMonteiro

JacintoMonteiro

Double bottom in LINK week chart. Last bottom is a higher low. Target is unpredictable but would say 5 to 10x btc is possible if we really enter an alt season stage. Tomorrow might be a big day for crypto.

JacintoMonteiro Updated 

A cup and handle idea of BTC reaching ATH by the time we reach halving.

JacintoMonteiro Updated 

Pretty weird Head and Shoulder but I think the pattern is there. We may go down to -50% dominance soon.

JacintoMonteiro Updated 

Very simple. If XRP breakouts of this bullish flag we might witness a parabolic move to ATH. It can be legendary.

JacintoMonteiro Updated 

In the green circle we just witnessed a breakout from the weekly MA200 and from the mega descent channel. We are currently challenging the 30k level and we will most likely break it. Pink line represents an idea of an Inverted Head and Shoulder. Hodl.

JacintoMonteiro

BTC is currently inside a bullish pennant. Next target seems to be 34/36k. Green signals (circle) spotted sometime and still valid.

JacintoMonteiro Updated 

Looking at the bad news in the past weeks we should have gone like straight bottom, 30/50% down. Instead we hold 25k nicely. Now that we are above MA200 weekly and perhaps will use at support, I see two possibilities. Bullish and Bearish. It hold so well so maybe we can think BTC has some power to complete the falling wedge (red lines), reach 30k or even beyond....

JacintoMonteiro Updated 

There´s a possibility of getting out of this SEC news FUD mess if we confirm the falling wedge and get breakout of it. Just recently, on the daily chart BTC printed a triple bottom which is quite a bullish pattern showing some buying interest in this area. If we go below 24/25k we are surely still in a bearmarket. If we break out of this falling wedge prepare...

JacintoMonteiro Updated 

27,8k was rejected and 27,5k was a strong resistance. Looks like we going down to 24k... 20k. An idea about incoming panic phase. Wouldn't be surprised if we hit 10-12k to be honest. Don't underestimate the drop power of this market. Good luck.

JacintoMonteiro Updated 

Possible sceneario of a forming BTC bear flag, breakdown and hit the MA200 daily around 23,7k USDT.

JacintoMonteiro Updated 

What if we are just in Eth denial phase, in the middle of a massive downtrend? At the moment Eth seems to be drawing an huge bear flag. Still remember last bear market a fall from 1500 to 75 dollars. 90% drop. Why would it be different now? ETH Foundation sold 15.000 ETH this month and they normally sell it at local tops. It looks like 3 digits on the...

JacintoMonteiro Updated 

Drop on the horizon. Volume is looking so bad. Weekly RSI pointing down. Head looks like Bart Simpson formation. Twitter full of moonboys at the moment.

JacintoMonteiro Updated 

Recent AI memecoin all should look closely. Bullish Pennant insight. All depends if BTC holds 28k and proceeds upwards from now on. Good luck.

JacintoMonteiro Updated 

For now everything is going normal and smoothly. Today just a minor drop inside this triangle. If correct, we can reach 31/32k after breakout.

JacintoMonteiro Updated 

Seems to me ADA is making a massive falling edge against BTC which is a bullish pattern. The worst might be over for ADA, so i converted euros to cardano today. Surely some bumps ahead but nothing serious imho. After selling ADA at 2,2 dollars two years ago, and calling the peak (check my TA in 17th May 2021), I return to my beloved ADA. Good luck.

JacintoMonteiro Updated 

DOT seems to have broken its falling edge and now its using long trend (green) as support. Hopefully we will see price increase in the next upcoming weeks.

JacintoMonteiro Updated 

Just an idea of what´s going on with Bitcoin and what may happen before next year halving. After trillions recently printed by the Federal Reserve and European Central Banks... I am super bullish long term. Good luck!

JacintoMonteiro

Seems like we hit weekly ma200, went throu it, nothing out of the ordinary in a 4 year cycle. We can now hold, lateralize and try to go to the top ofthe downward red channel, around 25-28k. Lets see if it holds ma200. It must, otherwise we go into unknown territory below ma200. Below 19k USD will start to look catastrophic and also feel like cheap btc to buy.