Fan Crypto

2022-09-08 07:56:38 #Eth- a pretty nice bullish outlook

If there is one crypto that I like at this moment, this is Eth, with the second largest coin looking way better than BTC in the past two months or so.
As we can see from the posted chart, after the dive under 1k, this zone become very solid and the reversal in the crypto market translated into around 40% rise for BTC , here is more than 100% from the bottom to the top. Also, in recent days, when BTC visited the previous low zone, Eth had only a quickly reversed spike under 1500.
Technically speaking, the 1300-1400 zone is extremely strong support at this moment and the lifted selling pressure from Btc would very probably lead to a rise at 2500 for Eth. Open / Comment

2022-09-07 10:33:04 Read SP500 analysis, crypto being very correlated with indices at this moment Open / Comment

2022-09-07 10:32:11 SP500- Best case scenario is a drop to 3600 This is an optimistic view...

https://www.tradingview.com/chart/SPX500USD/hcOv8ccj-SP500-is-drawing-a-very-nasty-picture/ Open / Comment

2022-09-06 09:12:26 #Bitcoin- Dive after overnight spike?

Like EurUsd , Gold , and other assets, Bitcoin also had an overnight spike. However, this was anemic and very short-lived and after rising above the 20k zone we find Btc trading again at the 19700 zone at the time of writing.
As I said in my yesterday's analysis, I expect a break of 19500 support and a dive to the support given by the previous low.
Negation of this outlook comes with a daily close above 20.500 resistance. Open / Comment

2022-09-05 07:09:46 #Bitcoin needs to decide

There are 8 days now with Bitcoin trading in a tight range of around 5% so the main cryptocurrency should decide its future direction sooner rather than later.
At this moment the levels of support and resistance are very clear at 19500 and 20500 respectively.
A break to the upside would expose the 22500 resistance and a break under 19500 would expose the recent low under 18k.

In my personal opinion, there is a higher probability of a down break with both strong USD and weak indices not being in a favor of an up move. Open / Comment

2022-08-31 09:08:32 Bitcoin could rise to 22k

After the Sundayțs low at 19500, Bitcoin has entered in a range between 19500 and 20500.
Yesterday, a new atempt of breaking down was quickly reversed and now the price is just under resistance again.
Considering the force of the reversal we can expect a break of resistance and acceleration to the next important level at around 22k
On the other hand, a break down would expose the previous low under 18k.
At this moment I m bullish Bitcoin and I m looking to buy dips against 19500 Open / Comment

2022-08-30 06:55:29 Are you interested in Forex&Gold trading?

Join my Free Telegram Channel:

https://t.me/intradaytradingsignals Open / Comment

2022-08-30 04:28:33 #Bitcoin- Rise to 20800?

After the steep drop from 21800 to 19500, Bitcoin has started to recover and managed to rise back above 20k important figure.
Now the cryptocurrency is trading at 20250, above 20100 support and this correction could continue towards 20800 resistance.
Bulls are favored as long as support is intact Open / Comment

2022-08-27 08:22:32 #Bitcoin- New low soon?

After the recent low made in mid-June, Bitcoin started a reversal and reached 25k zone resistance.
The rise was clearly corrective and it was clear that bulls are struggling.
The final of this correction is a rising wadge that was a warning for bulls.
Yesterday the small flag was also broken down and now the price is in free fall.
In my opinion, the previous low will not offer much support and will be just a pit stop and Bitcoin will fall further under.
Rallies towards 21k should be sold and, in the medium to longer term, 12k can be reached. Open / Comment

2022-08-11 09:17:16 #ICP- Time to rise

Since the beginning of May, ICP has started to form a cup and handle pattern with the handle made in the last days which is about to be broken.
A break above short-term resistance followed by a break above 10 figure could lead to further gains to the important 15-16 zone resistance.
I'm bullish as long as the recent low is intact Open / Comment