UnknownUnicorn35576147

UnknownUnicorn35576147

This is the 15-minute chart of BINANCE:ETHUSDT. The bar 1 on the chart is a strong bear reversal bar after a buy climax and possibly a failed final flag at a lower timeframe, so the high of the bar would likely become a major resistance. This is confirmed after 3 attempts to reach the resistance has failed to break out. Yesterday, Bitcoin has crashed to 29.5k...

UnknownUnicorn35576147

Bitcoin had a bear trendline, which can be drawn from the top of the first outside bear bar, to the low of the first bear bar with a large tail. The blue trendline marks the lower low successful retest. Also, there was some overlapping bars prior to the slight increase, which marks a potential failed Bear Final Flag, and is a sign of upcoming protracted bull...

UnknownUnicorn35576147

The market had formed a trading range after the Trend Channel Line climactic breakout to the upside. After the recent bar attempt to break out of the trading range, however, it seems to have been rejected, as the long tail on the top indicates. As such, this could potentially be a failed final Flag, which is quite a strong reversal pattern. The target is unknown...

UnknownUnicorn35576147 Updated 

Bitcoin is stuck in a trend channel line that first started from the daily high of July 20th. Although trend channel lines are often a continuation pattern, most trend channel lines are broken by a two-legged move to any side, with the first leg covering around 80% of the trend channel line height. Here, Bitcoin formed a somewhat tight trading range up (at 1H...

UnknownUnicorn35576147

ETH has overshot the support line of the trend channel line after a protracted bear trend down, which is a good signal for a long. If there is a higher low test of the bear trendline (not drawn, but can be inferred), you can open a long position for a potential 10% profit there.

UnknownUnicorn35576147

Bitcoin has possibly formed a widening symmetrical triangle. Bitcoin probably has its Fibonacci support at 37592.22 , which is below the lower resistance at the time it hits this price. If you want to play aggressive or speculate on Bitcoin, you can short now and expect it to drop. Otherwise, wait for it to actually reach this price level, retest, and then...

UnknownUnicorn35576147

If you look at the log chart, Bitcoin seems to have formed a rising wedge. The recent ranging market is, perhaps, a consolidation before eventual downtrend. If Bitcoin does decrease, it could drop to 29K , the past support that Bitcoin held for 2 times. Then around 23K , which is the "most optimistic price action target" for Bitcoin. Further targets? Could be ...

UnknownUnicorn35576147

This pattern, the old classic descending triangle, is quite bearish, considering the last leg up did not touch the upper resistance. If you short, you can open a short position at 19 - 19.1 . You can set TP at 17.15 -> 16.21 if you short. This is just a (really) quick price action analysis, but since FIL has been in a downtrend even after decreasing to 21,...

UnknownUnicorn35576147 Updated 

This pattern seems to be similar to a typical Wyckoff Accumulation pattern. If this speculation is correct, NEAR has the potential to retrace back to 15 and possibly 14 (shakeout/spring) before making a bullish run to somewhere around 23 . This is just a quick analysis, so analyze NEAR by yourself before opening a position!

UnknownUnicorn35576147

too bored;DR : Bitcoin will make a rise to 52K , probably. Bitcoin has formed a pattern that looks similar to a symmetrical triangle. Now that it has broken the upper resistance and retraced quite a bit to the "golden pocket" zone, Bitcoin definitely has the chance to rally to at least 52K . After that, there could be a chance Bitcoin will retrace back to 46K...

UnknownUnicorn35576147

345 - 428 is the possible target for AAVE. The first target is if the speculated ascending triangle pattern plays out well, and the second target is if the symmetrical triangle is actually valid. It is just a speculation. Though, if this speculation is correct, the reward will be quite big.

UnknownUnicorn35576147

TL;DR : A buy at 19 - 20 is certainly good enough. WAVES has the potential to reach at least 35 . It seems like WAVES has formed a rounding bottom here. Speculations are prone to error, but looking at the potential reward if this idea is correct, there is absolutely no reason to not enter WAVES now. Also, when WAVES was dumped hard, the A/D indicator has shown...

UnknownUnicorn35576147

AXS has seemingly formed a rectangle price action. You can take advantage of this pattern by opening a long position/accumulating at 47.5 - 48 . Considering A/D is rounding down, it means that AXS is likely to increase to the upper resistance before eventually making a drop. By the way, TP at around 70 , if you enter a long position.

UnknownUnicorn35576147

FIL has been accumulated for quite a while and is now trading at 23.5 after a huge Bitcoin crash in a while. However, it seems like FIL is on the verge of breaking the rectangle pattern and make a drop to 21 . Bulls and bears are not accumulating or distributing (1H A/D), so there is definitely a chance there to short FIL.

UnknownUnicorn35576147

Bitcoin has formed quite of a double top here. In fact, A/D confirmed this pattern, showing that many have been dumping Bitcoin in recent days after the huge bullish run. Therefore, Bitcoin will certainly fall down to 41.5K , which means you can either short Bitcoin, or just stop-buying-and-wait. Although Bitcoin will dump really hard (really really hard),...

UnknownUnicorn35576147

SOL has formed a double top pattern. Considering Bitcoin is also quite bearish, SOL is definitely not a good buy in the next few hours/days.

UnknownUnicorn35576147 Updated 

Zcash has formed a descending triangle here, as you can see. It will probably retest 172 - 173 before continuing to drop further, possibly to 154 ? A/D shows that Zcash has not been accumulated, nor distributed, so the chance of being dumped is quite high, so don't miss this great drop.

UnknownUnicorn35576147

Bitcoin seems to have broken the support of the symmetrical triangle, which is not quite a bullish sign. Bitcoin is likely to form a rounding top in the next few hours. You can consider shorting if Bitcoin does not hold above 46.5K in the subsequent hours/days.