- update on this analysis: - 5D timeframe presents several signs of overextension with the RSI reaching almost record highs meanwhile the 5D ATH close so far seems to be serious resistance - it is unlikely Ripple is done with its rally overall but a consolidation similar to that in 2017 is expected - once BTC is close to ATHs in 2025 (180 - 250k) it is very...
- Ichimoku TK cross above the Kumo occured on a biweekly time-frame - one of the most powerful buy signals possible - target of the wedge is around 10 000 american eagles per 1 ETH
- in a long term consolidation - rising wicks imply rising demand and with them being present on the biweekly time-frame the demand appears to be really strong - clear descending trendline that once broken should result in explosive price movement to the upside
- AIOZ is an AI coin that isn´t getting a lot of attention, even from the crypto community - absolute monster of a setup
- complimentary analysis to this one: www.tradingview.com - in 2020 a weekly close above TOTAL ATH marked the top for bitcoin dominance and it seems that is going to be the case this market cycle as well - with dominance likely topping out especially Ethereum should be ready for massive upside
- TIA is an unique coin in the sense that it was a heavy overperformer in the latter part of Q4 last year but has since then known nothing but downside - with 82% from its ATH it is safe to say TIA´s bottom is in however due to the nature of the correction there is reason to believe that the upwards move from this bottoming base will be extremely violent, near...
- total just confirmed new weekly ATHs on a closing basis - it is likely we are about to repeat Dec 2020 (blue circle): as soon as total made a new weekly ATH the market kept surging for several weeks before finding an interim top - target of the bull flag that has been forming for over a year now is just shy of 4T
- almost a 7 year long consolidation that started with XRP´s top in 2018 - extremely clear symmetrical triangle with a target of 6+ dollars - given XRP tends to have explosive price moves when it pumps it may be that this rally will happen very fast with little pullbacks to bid
- extremely clear, well defined reversal pattern that has been forming for several months - BEAM likely heads at least 50% higher but realistically new ATHs in the future are very much on the table
- Popcat has been one of the strongest performing memes of this year and managed to make superior new ATHs despite challenging market conditions - currently at the 0.618 fib - daily RSI bouncing exactly from the 50 level - 4H white stripes tend to mark local bottoms in bull trends (comments)
- past analyses of expecting Bitcoin downside likely wrong as the 65k area was the key level to reclaim - overall descending broadening structure seems ready for a break - hash ribbon buy signal adding additional confluence
- update on this analysis: - monthly timeframe is incredibly clear: bears spent 4 months trying to take ETH down but monthly kumo held as rock solid support each and every time - with buyers showing their conviction, it is now time to test the short sellers - targets north of 3.5k likely
- it seems that USDT d. is mirroring btc with bitcoin being in a bullish wedge and dominance in an ascending broadening wedge which tends to be a bearish pattern - price action looking like distribution and with the 5th touch of the trendline it is likely the macro broadening pattern resolves to the downside - a breakdown that should be bullish for crypto
- a textbook example of an inverse head and shoulders - a bottoming/reversal pattern - with a daily close above 1.70, this coin should head 40 - 50% higher in the coming days and weeks
- 2D star cross coming up and a test of it is expected - long term downside target for Bitcoin remains in the 33 - 36k region, see more here:
- brutal bearish divergence forming on the 2W which is in itself a very high timeframe - 2D showing a clear double top forming with a clear doji (comments)
- shampoo formation potentially in progress - with a weekly mean reversion rather likely it seems ETH goes to 3k or so before heading lower
- market acceptance pivot turning out to be a very strong resistance for this memecoin - with Popcat being one of the best performing memes it looks like early buyers are taking profits into the 1$ region - until price closes above the m-a pivot, the direction for this highly respected cat is to the downside