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Summary : This analysis examines two ascending wedges visible on the BTCUSD chart—a larger wedge on the weekly timeframe and a smaller wedge on the 4-hour chart. The price has broken out of the smaller wedge and is consolidating above the upper boundary of the larger wedge, which currently acts as support. Projections suggest a short-term decline to $82,000,...

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Without further comments. If you appreciate this, thank for a like! =) *** The information provided here is no recommendation to buy or sell. It's just an idea for educational and discussion purposes. ***

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Hey Crypto Friends Here an idea that Bitcoin might be forming a big cup & handle pattern with some ups and downs. Scenario A : Ideally we will go up from here, get rejected at the extension of the top of the big blue triangle, create a lower low below $5755, and thus create a bullish divergence on the RSI and MACD. Then we can start our journey up with some...

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Hey Crypto Friends! What a nice bull run / short squeeze. =) I know, we shouldn't be too optimistic because technically we're still in a bear market. But that should not prevent us to think about bullish scenarios in case we continue to rally. I was looking at the big triangle and I asked myself: Is this really a triangle? By looking at the new low of $5755 I...

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Here is an IDEA (!!!) what the BTC rollercoaster could do in the next few months. Please take it with a grain of salt and do not understand it as an investment advice. Curious about your reactions. Don't forget to like! =) 1. BTC falls out of the big triangle > $6000 2. People buy at $6000 remembering recent history, jump to bottom of triangle > $7000 3. BTC...

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Hey crypto friends! What's up? Since my last update BCH got shaken up by price developments coming from main influencer BTC. There we had a head and shoulders formation which led to a price decline to $11.050 and which is still stabilizing in order to complete the right shoulder of the big inverse head & shoulders (IH&S) formation. In the case a) BTC manages to...

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My dear crypto friends, it's analysis time again for Bitcoin Cash! The altcoins are still in the dawn and they are slowly awakening from their beauty sleep. While XMR is hyperactively exploding, BCH is still covered with a blanket and slowly trying to find a way out of her bed. Compared to my first publication this time around I tried to clean things up and...

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Hey crypto friends. I was following @MagicPoopCannon 's analysis over at BITFINEX:BTCUSD and I thought I'll try something similar for BITFINEX:BCHUSD (credit to whom credit belongs). For BCH it looks like we are currently experiencing resistance at the neckline of the inverse head & shoulders pattern. But BCH seems to have completed the right shoulder...