Link/Usd, want of the projects with more potential in my opinion, showing a massive symmetrical triangle with hidden bull divergence on the RSI.
Short term target 1-2weeks: $3.3 with rebuy zone at the retest of the triangle around $2.7/2.8
Intermedia target 3 to 5 months: $9 to $11
Long term target: who the hell knows
Short term target 1-2weeks: $3.3 with rebuy zone at the retest of the triangle around $2.7/2.8
Intermedia target 3 to 5 months: $9 to $11
Long term target: who the hell knows
looking at the price action of bitcoin, seems like the next target will be $9800/$10.300 during the next week.
Bitcoin Wizard
Photo
I've been waiting for a retracement to $8400/$8450, this could still happen, if it happens doesn't mean the trend is over, only closing below $8200 will be bearish
12h hidden bull divergence and good reaction at support ($8470), expecting $9600 next could play out slow and take few days but is bullish.
bigger picture on bitcoin, possible inverted head and shoulder under formation, looks well defined so far, $9700/10.300 I will update this idea
same view nothing has changed, bullish on monthly, weekly, daily, and the 4 h chart just formed a continuation falling wedge, target $9600/$9800, nice buy oportunity now, low risk the stop loss should be below $8200 - ($8150 or $8100)
watch for a potential top $9600/$9800 between Jan 31 and february 3
I would say 80% chance to top there and 20% to break above that level.
When this inverted head and shoulders will invalidate? If the price of bitcoin closes ABOVE $10.500 on a daily basis it will be a Buy signal (re entry), Notice that we could even see $10.200 and still be prime for a DROP to the Right shoulders around $8000
The inverted H&S will alse invalidateduring the formation of the right shoulder if we drop below $7700 and close a Daily candle down there
I would say 80% chance to top there and 20% to break above that level.
When this inverted head and shoulders will invalidate? If the price of bitcoin closes ABOVE $10.500 on a daily basis it will be a Buy signal (re entry), Notice that we could even see $10.200 and still be prime for a DROP to the Right shoulders around $8000
The inverted H&S will alse invalidateduring the formation of the right shoulder if we drop below $7700 and close a Daily candle down there
despite small retracement on a daily scale, bitcoin seems to be in a long term support, heading to 14k and eventually new highs, but this can take many months
if 1 monthly candle close above $14.000 will confirm New ath $24.000/$30.000
Bitcoin Wizard
Photo
Btc reaching the sell zone, what to expect? $9400/$9900 should be the trading range for the next few days (distribution) you have to be patient and give it time.. If I'm right you will see bitcoin drop to at least $8000/8300 and it will form that right shoulder, I wrote estimate dates on the chart, if I'm wrong, bitcoin will surpass $10.500 and that will be a confirmation to re entry for much longer targets like $14.000 my thoughts are the same 80% chance to be right and 20% to be wrong. Any price action between $10.000/10.400 is just a sell opportunity and doesn't mean anything until it surpasses $10.500 and close a daily candle above it.
xrp/btc, confirmed breakout on daily and double bottom on weekly, chart looks good, should reach at least 0.00004215 if not more.