Fan Crypto

2023-01-06 07:03:32 #Bitcoin could rise back above 20k

In the past months, Bitcoin trading was boring, to say the least with the ranges becoming smaller and smaller.
However, the recent low is above the previous one which could be an indication of some gains in store for the main crypto.
More, since mid-December BtcUsd formed a double bottom with confirmation above 17k .
A break above this pattern could lead to a rise at 18k resistance and in the longer term, would confirm 16k as a higher low and Bitcoin could rise even to 21k . Open / Comment

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2022-12-22 06:59:49 #Bitcoin could rise above 20k

Back at the beginning of November, Bitcoin has broken under important 18k zone support and had 2 or 3 spikes under 16k.
The drop was expected, considering that it was the fourth month of consolidation before the break. However, the main crypto didn't continue to drop as low as one would expect and instead bounced back up from 16k.
This for me is a bullish sign and a relief rally could come next.
Technically, 16k offers support, and 18k and slightly above zone is resistance.
In the eventuality of a new rise and test of this resistance, I expect a break above, and bulls could look for a rise to the next important level at around 21k . Open / Comment

2022-12-22 06:45:25 #Litecoin- New leg up coming?

Litcoin was one of the coins that I really liked recently and, indeed, LtcUsd has had a nice run from 50s November's low.
Now the coin corrected the recent leg up and is trading in a very strong resistance zone that lies between 60 and 65.
As long as this zone is intact there is a high probability for a new leg up and Litecoin could rise to test 90-93 zone resistance.
Buy dips could be a good strategy for this coin that also has an R:R of 1:3 Open / Comment

2022-12-07 07:36:55 #Litecoin- Ideal place to sell for 1:3 R:R

I was bullish on Litecoin since 2 days ago and thought it will rise to the 95-100 zone.
However, the coin started to look tired and I closed my trade just above 80.
In my opinion, crypto bulls are not out of the woods and a new wave of strong selling could follow in the near future, so I'm preparing for this scenario.
In Litecoin's case, looking at the chart, we can see that the resistance above 90 is very strong, and in that place, I will look for short opportunities.
Considering a new visit of 50 support such a trade would have a 1:3 risk: reward Open / Comment

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2022-12-05 05:21:04 #Ethereum- more and more bullish

As I said in my previous analysis, as long as 1100 is intact, Ethereum is bullish .
The structure for the coin is becoming more and more clear and bullish with a confirmation of a double bottom in place once we have a daily close above 1300.
In such an instance 1500 is my first target, a level given by the horizontal resistance and the measured target for the pattern, followed by the 1650-1700 zone.
A higher low should be in place now at 1240 and this bullish outlook is intact as long as the price stays above this level. Open / Comment

2022-11-30 08:21:42 #Eth back above 1250. 1420 and 1700 zone could be bulls targets

As I said in my previous analysis, there are 3 major cryptos that I really like: Ltc, Eth, and Bnb.
With both Ltc and Bnb working very well, it seems is time for Eth to recover recent losses...

Technically speaking, the recent drop found a strong floor just under 1.1k with bulls taking control twice in this zone.
Last week's drop is a higher low relative to 1.1k and a daily close above 1.3k would also confirm a double bottom in place.

The first resistance is at 1420, but in my opinion, 1700 is more likely in the medium term.

This bullish scenario is negated by a drop under 1.1k Open / Comment

2022-11-30 07:20:36 Bottom for crypto market? (at least for now)

https://www.tradingview.com/chart/TOTAL/Rk05FrYJ-Crypto-market-Strong-signs-of-a-bottom-at-least-for-now/ Open / Comment

2022-11-29 10:08:40 In Focus 29.11.2022

#EurUsd could rise to 1.08
Will #Litecoin reach my 100 zone target?
#Silver is bullish above 20usd figure



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