In this weekly ETH/BTC chart, we observe a potential momentum shift. • Trend Analysis: After a period of decline, the market has formed a bullish engulfing pattern, which typically indicates a reversal. This is further corroborated by the price breaking above a descending trendline, suggesting a potential trend change. • Support/Resistance: The key levels to...
I acknowledge the error in my previous analysis on Bitcoin, incorrectly suggesting a short position from FWB:36K to $48k. After a thorough review, I realize that my assessment was flawed. I sincerely apologize for any confusion or inconvenience this may have caused. Upon reevaluation, I am now adopting a long-term perspective for Bitcoin trading. I will be...
I think AVAX will continue to make a bearish continuation based on the dominance/market cap and current macroeconomic situation. We continue to make lower highs as well as showing signs of large players exiting the AVAX game. Stay weary frens.
As you can see here we have formed a **triple** bottom on the BTC/USD pair using the Renko candlesticks. I would say if we continue to test this bottom and not break, we could be in for a bullish recovery for BTC. Tread carefully, but I personally see a bottom picking going on more than anything, the thought side of me thinks this is short, but the facts are...
I think avalanche will continue on its short momentum momentarily momentarily for a short correction at least and then we will check again but for now I believe the avalanche will need to correct based on what I am seeing in the price action. You can see that we have resisted to pass the resistance multiple times on the 79 minute time frame and we are failing to...
I think Bitcoin has found support again. Simple technical analysis , S/R, nothing else, enjoy. I am expecting a bounce to the upper fib around 80k over the coming months. Not financial advise.
AVAX USD is showing multiple signs of bottoming out and high-volume here, not a bottom picker but as you can see we have encountered a consolidation with a decision zone, so what decision will AVAX/USD make? Only time can tell. Will wave 5 of AVAX begin or will we see a rejection?
Looks like we passed the 2nd derivative, possible long. not financial advice.
Crossed 200 EMA, Cup and Handle, Long consolidation leading to supply shock, BAM. 100k tx per second network about to get bullish.
Bounce of the .618, nothing but higher lows, higher highs. I have big expectations for Chainlink Oracles, fundamentally, it is one of the most usable blockchain protocols on the market with a mutlitude of real world use cases from verifiable random numbers and verifying real-world data of any type (weather, financial, etc.). Not financial advice.
BTC Bounce perfectly off the 0.788 fib level, along with what seems to be a higher low, bullish on the trend. Good luck, not financial advice.
This pattern of the VWAP breaking has been shown to give extraordinary gains, see my previous idea on LUNABTC, I believe based on the price action we will see an extremely bullish run on AVAXBTC in the near-term. I am not a financial advisor and this is not financial advice, these are just my opinions and analysis based on speculation.
Some think we hit resistance, funny enough, we just broke out. As long as we don't get rejected, Expecting BTC to hit next target around 97k. NFA. But there is a clear bull flag.
$AVAX is very bullish against each pair (BTC, ETH, BNB, USD) and is currently trading above the TWAP on the 1D and 7H timeframes. I would expect a bullish run from here for the $AVAX pairs and some nice gains to be seen based on the current PA (Consistently making higher lows and higher highs on each time frame as well as a large higher low on the Daily...
I saw this coin, and did some research. It is basically a credit system, for the XLM network. Looked at the chart, basically bottomed out from what I can see. I think VELO has potential. This is not financial advice, please dyor, these are just my ideas and I'm not a professional.
Check it out. Price action on DNT repeating itself on multiple TF, kind of interesting, looks bullish.