Fan Crypto

2022-10-12 10:15:25 #Ada to remain bearish regardless of BTC's evolution

In my previous analysis on Cardano , I said that the coin will most probably break under the support of the descending triangle starting with the high from the beginning of June.
Indeed, we have this break down and now AdaUsd is trading under 0.4 figure.
The structure is grossly bearish at this moment and, regardless of BTC's evolution (meaning a bullish move), the price should continue down.
At this moment I see 2 scenarios for ADA:

1. In the case of a rising BTC , the price should rise and test the resistance of the triangle and fall again
2. In the case of a drop for BTC and a break of support(which is my preferred scenario), acceleration to the downside for ADA.

The target for the triangle is under 0.3, considering a percentage calculation. Open / Comment

2022-10-11 04:59:52 #Bitcoin- Finally break down?

For 4 months now, Bitcoin is staying above 19k support.
However, looking at these past months' price action we can see that, after the 25k peak the main crypto is pressing in this support and every rally is sold.
I'm bearish as long as the price is under the recent 20.500 high and I expect a break of this support and down continuation towards 15k Open / Comment

2022-10-10 06:29:31 #Ethereum- Bulls need a break above 1400

Since the drop to important 1250-1300 zone support two weeks ago, Ethereum started to consolidate in a tight range with this support as a base and 1400 as a ceiling.
A break above resistance would put the 1750 zone into play and under 1200 this bullish scenario is negated. Open / Comment

2022-10-06 11:13:07 #xrp CAN RISE TO 0.7

After the break above 0.4 resistance, XRP has corrected, confirmed the break as a real one, and started to consolidate in a symmetrical triangle.
Now the triangle's resistance is broken and, with the pressure lifted from the crypto market, a new leg up can follow.
The recent high offers resistance and a break also above this high would expose important 0.7 zone.
I'm bullish as long as 0.4 is intact Open / Comment

2022-09-27 09:48:47 #Ethereum- Support held, new leg up is probable (2.5k in mid term)

As I said several times in my recent Eth analysis, the 1250-1300 zone is a very important support for this coin and, in order for bulls to hope for a reversal, this level is imperative to hold.
So far, so good...after a few days of flirting with this zone, the price reversed strongly and now is trading close to the 1400 figure which can be an indication that indeed, support held, a higher low is in place and bulls can soon take control.
I expect a continuation to the upside from Eth and 1750 and 2k could be reasonable targets in the next weeks.
Going further, a break above the recent 2k high could lead to more gains towards the very important 2.5k zone.
Buy dips as long as 1250 is intact can be a good strategy with great R: R Open / Comment

2022-09-23 08:46:15 In my opinion, bottom for Btc should be close, if not we already had it

https://www.tradingview.com/chart/BTCUSD/LblDLQhq-Bitcoin-Did-we-had-the-bottom-If-not-is-pretty-close-IMO/ Open / Comment

2022-09-22 09:44:15 In Focus- #sp500, #cryptomarket, #gold



Open / Comment

2022-09-22 05:21:12 #Ada can drop another 50%

Since the 0.4 low made in May, Ada started to consolidate. This consolidation is a descending triangle though, suggesting the pressure is on the sell side.
With this renewed pressure on the crypto market, I expect a break of support and a 50% tumble could follow for Cardano .
Only the price back above 0.53 would bring some relief.
As long as the price is under this recent high, rallies should be sold Open / Comment

2022-09-21 10:34:41 #EurUsd #Bitcoin #Gold

For all, I expect some kind of reversal



Open / Comment

2022-09-21 07:38:09 #Bitcoin= A final spike down before reversal?

Since the 68k ATH in November last year, Bitcoin is dropping and dropping, and dropping again with all rallies being sold.
However, at this moment, in my opinion, we are very close to a reversal and as I'm not a "tu da munar", I'm not "tu da gounder" either.
In the past 3 months, Bitcoin has drawn an H&S on our chart and a break under support would put pressure again on the main cryptocurrency, although the target for the pattern and also other types of analysis suggest a low of around 12k, I think we will not touch this.
A spike under this support is not out of the question though but, as I said, I expect a reversal after this final drop.
15500-16k could be a good place to buy and a price of above 25k by year's end is very probable Open / Comment