Sol has been printing a large cup and handle pattern in the 3D chart. A correction or wick to $100 still doesn’t invalidate the pattern. Patience is key in swing trading. In general SOL has been holding strong thus far.
Xrp has been trading in what appears to be a bullish pennant. But if this bullish pattern where to fail it would fastly fall into the low $1 range. Being that Bitcoin has topped for the year, we may see lower prices for Xrp. Losing $1.98 would send Xrp into a dizzying fall. In the other hand if it were to hold it would outperform Bitcoin targeting $3.89. Good...
A large amount of traders on X or crypto shitter are pitching the idea of a life changing alt season. Many are posting nonsense like a face melting gains and we are all gonna be rich. This is pure buffoonery. Real traders see the signs and go against the herd. Bitcoin losing 93k signals a deep correction. One that would demolish alt coins in the process. Anything...
Xlm has been falling as of late after a whopping 500% pump. Xlm now appears to be forming a falling wedge and also a TD 9 reversal signal. Play it smart and know your stop loss levels and take profit levels.
Technical Overview: The HBAR/USD pair is exhibiting a confluence of bullish technical signals, suggesting a potential upward trend reversal. 6-Hour Chart: The pair is currently forming a bullish flag pattern. This pattern typically follows a strong upward move (the "flagpole") and then consolidates within a narrow range (the "flag"). A breakout above the upper...
Bitcoin has been the top performing asset in the world and by far the greatest. With bitcoin attempting to be the world’s reserve asset, are the bulls accurate to say that 245K is the Top while the bulls are saying 85K is the Low? Both can be right, and there lies the confusion. Elliott wave enthusiast may say we’re in a fourth wave correction leading to the top...
Ada recently demonstrated a whopping 1 million TPS. I’ve always been a fan of Cardano for its reliability. With unlimited potential and adoption Ada can see a significant rise against usd in the coming years. I don’t believe in EOY predictions simply because manny obstacles stand in the way of crypto adoption. DYOR!
Solana has been witnessing severe fud and has falling and neglected by most traders. Sol has now formed an Adam and Eve pattern which as a variation on a double bottom pattern. A recovery to $213+ seems like a likely target for these said patterns. DYOR.
The BTC/USD monthly chart does appear to be forming a rising wedge pattern, which is often considered a bearish reversal signal. What is a Rising Wedge? A rising wedge is a chart pattern characterized by two converging lines, with the upper line sloping upwards more steeply than the lower line. This pattern suggests that buying pressure is weakening, and...
Understanding the Strategy: If you're bullish on Tesla and believe it could reach $700 by March 2025, a call option strategy can be a powerful tool to amplify your potential gains. Call Options: A call option gives you the right, but not the obligation, to buy a specific number of shares of a stock at a predetermined price (strike price) on or before a specific...
Beyond its electric vehicles, Tesla is at the forefront of AI research and development. Its self-driving technology, Autopilot, and Full Self-Driving (FSD) capabilities are prime examples of this. These advancements have the potential to revolutionize transportation and significantly impact other industries. The Impact of SoftBank's Investment SoftBank's...
Bitcoin's Potential Top: A Closer Look at the Rising Wedge Bitcoin's recent price action has formed a technical pattern known as a "rising wedge." This pattern can signal either a continuation of the current trend or a potential reversal. If Bitcoin breaks below the lower trendline of the wedge, it could indicate a significant price decline. However, if it...
Did Donald Trump ringing the opening bell at the New York Stock exchange today, Signal a dip before a rip? Isn’t it strange that he spoke with Jim Kramer? What are the market makers really up to? Big money, always leaves, clues or crumbs. A real technical analyst always attempts to follow the money and what clues they’re leaving behind and to where they are...
Usdt dominance is an indicator used by professional crypto traders to gauge the health of the entire crypto market. When Usdt goes down normally cryptos go up. Recently the crypto markets surged as the usdt has fallen. It has fallen so much that it has reached an oversold state and formed a double bottom. Does this signal a major correction in the crypto market?...
The XRP/USD weekly chart displays a pattern resembling a double bottom. If confirmed, technical analysis suggests a possible price target exceeding $3.93. Additionally, anticipated discussions about Ripple ETFs could potentially influence the price upwards. Some analysts also identify a fractal pattern similar to the 2017 Elliott Wave suggesting the possibility of...
This analysis examines the VET/USD 3-day chart, focusing on a potential uptrend, breakout target, and reversal signals. Identifying the Uptrend: Rising Channel Pattern The chart exhibits a rising channel pattern, characterized by price movements bouncing between an upward-sloping upper trendline and a lower trendline. This pattern typically suggests an uptrend,...
Bitcoin looks ready to shock the bears into a coma. Plan accordingly.
Bonk/usd appears to have formed an ascending triangle which is a bullish continuation pattern. Bucking the bearish trend that has recently plagued the crypto market, bonk can ascend to new all time highs after consolidation.