BITCOIN → Consolidation before the breakout. When do we go up?BINANCE:BTCUSD continues to consolidate, but within a strong bullish structure. The price is approaching the trigger, the breakout of which may provoke the formation of an upward impulse
Globally, the coin is still in the phase of realizing a global " cup and handle ", which I reminded one of the first back in August:
A good signal that hints that the growth is likely to continue is the fact that after a strong growth and testing 100K the price does not fall, but consolidates with gradually rising local lows, it is also worth paying attention to MA-50, which acts as a strong support. Within this consolidation we have clear zones, within which the price is trading and accumulating potential, and there is also a clear trigger, the breakout of which can provoke the continuation of growth (distribution).
But next week is the Fed meeting on December 17-18, and there may be short-term market manipulative reactions. Be careful
Resistance levels: 101.8K, 104.1K
Support levels: 98.9K, 94.15K
Technically, the focus is on 101.8 - 98.9. Consolidation is forming inside this channel. I do not exclude a chance of support retest in the format of a false breakdown before further growth. Another deep correction to the lower liquidity zone - 94.1K is also possible. But until the price breaks 101.8, bitcoin will not go up, and based on the chart, the event is close and the chance is high
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Ascending Triangle
Nobody appreciates it !!!As I mentioned in my previous analysis, Bitcoin managed to break through the triangle pattern and experienced significant growth. Now, the price is forming a bullish pennant pattern, which could lead to further growth after the pennant breaks.
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BITCOIN → Trend reversal? The end of growth? Or ...BINANCE:BTCUSD still maintains a bullish market structure as evidenced by the local upward channel within the broader consolidation channel. After a strong rally, the price is moving into consolidation.
several possible scenarios regarding current levels and the current situation
Consolidation is the accumulation of a position. Accordingly, there can be different situations inside such a figure: traps, traps, false breakdowns, unpredictable impulses and so on. And it all has one goal - accumulation. Technically, the bullish market structure is not broken. Globally - flat. Locally - an ascending channel.
The risk of breaking the bullish structure will be if the price starts to approach 91K - 85K. Then the question about deeper correction or even reversal will become more serious, but not now.
The bulls are actively defending the boundaries of the local ascending channel and it may lead the price to retest 99-102K, but at the moment there are no preconditions for strong growth. The market will need a few days to recover its strength. Just during this period of time, the asset may show further intentions.
Resistance levels: 99K, 101.3K, 104K
Support levels: 95.9K, 91.6K
If the bears hold the defense below 99K and the price starts to fall down, then pay attention to 95.9K. Further fall or consolidation inside the channel will depend on this level.
If the bulls will be able to keep the defense inside the channel (above the support), then in the medium term we can count on the continuation of growth
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Give me some energy !!!After this heavy drop, MYRO has now formed an ascending triangle in the 15-minute time frame, which could be a sign of a bullish trend. Please note that this analysis is in the 15-minute time frame.
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The last bullish chance of XRP in Mid term!XRP is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .
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DOGE → Consolidation ahead of rally to ATH $0.7400BINANCE:DOGEUSDT is taking advantage of the hype moment and is consolidating after a strong rally. The trigger for rally continuation is the area of 0.45 - 0.46. The coin has all chances to reach ATH
Despite bitcoin speculation, a 10% drop in bitcoin, the main reason for which is profit-taking, doge continues to consolidate and does not react to the market noise. The big player interested continues to buy in the hope of continued growth. Technically, an ascending triangle is forming on the 4-hour chart and consolidation above MA-50, which indicates a rather strong interest from the buyer
Resistance levels: 0.45, 0.463, 0.48
Support levels: 0.422, 0.400
Since the price is still inside the pattern, I don't exclude the possibility of retesting MA-50 or one of the key supports before further growth. But the break of the key resistance will be the reason for further rally towards ATH
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Two Bullish Patterns Hint at Major Rally for PEPE !!!In the 4-hour time frame, as you can see, there are two bullish patterns. The first one is a triangle, and the second one is a H&S . If either of these patterns breaks, the price of PEPE can reach around 000026 .
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ADA/USDT: READY FOR A 50% RALLY FROM HERE!!Hey everyone! 👋
If this analysis resonates with you, don’t forget to hit that 👍 and follow for more high-value setups! 💹
🔍 Technical Overview:
ADA is showing strong bullish momentum! It is forming an ascending triangle pattern in 4hr time frame and currently, retesting it. Long some here and add more in the dip.
Entry range: CMP and add more up to $1.16
Targets: $1.28/$1.42/$1.56/$1.70
SL: $1.0950
Lev: Use low leverage (Max 5x)
Why This Matters:
The setup points to a decisive bullish breakout for ADA! With the confirmed retest and strong support levels, it’s looking like an excellent opportunity for traders.
💬 What’s your take on ADA’s price action? Are you seeing the same breakout potential? Drop your thoughts and analysis in the comments below, and let’s ride this wave together! 🚀
NOTHING !!BITSTAMP:BTCUSD
Hello.
As you can see, Bitcoin failed to break the Ascending triangle in its last attempt, and now it is making a fourth downward wave based on Elliott , and than we have to wait for Bitcoin's rise.
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BTC/USD In the ascending triangle . Ascending Triangle AnalysisHi every one
As you can see, this is an ascending triangle , this pattern can be a good thing and increase the price.
Remember that Trend is our friend and we have to hold his hand and go with him.
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Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast
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Give me some energy !!!Bitcoin is currently on its way to completing the fifth wave of its upward trend, and this wave can continue up to over $100,000.
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Be careful with Bitcoin,Time to buy again!!!In the 2-hour time frame, as you can see, there are two bullish patterns. The first one is a triangle, and the second one is a H&S . If either of these patterns breaks, the price of BITCOIN can reach around $105K . AB=CD
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ETHEREUM → A coin is being prepared To The Moon ↑BINANCE:ETHUSDT is lagging behind the general market growth in the cryptocurrency world. The price is still squeezed between consolidation boundaries, but there are already positive signs. Bitcoin is close to 100K and altcoins are opening the season.
Ethereum is lagging behind in the race, this is clearly visible on D1-W1. It's not that the price can't reach ATH, the coin hasn't yet updated the 2024 high. Before the start of the altcoin season, the community was skeptical about the fundamental project due to the behavior of the development team, but the victory of trump, the change of the political team to a pro-cryptocurrency one could be the strongest driver for ETH in recent times.
After local distribution, the price is testing the triangle resistance, forming another accumulation. A retest of the upper boundary indicates the formation of a trigger, the breakout of which will activate the rally.
Resistance levels: 3442, 3568
Support levels: 3028, 2820
Technically, the coin shows us another trading range, the role of which is consolidation.
If the resistance cannot be broken from the third time, a correction before further growth is possible.
BUT! We need to be careful, as any BTC correction can trigger a bearish rally in the altcoin market. Bitcoin has almost reached 100K and for many this is a red zone for profit taking.
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BITCOIN → The market is getting ready to pass 100K. New targets?BINANCE:BTCUSD after a strong rally is consolidating without the possibility to form a deep correction, which indicates that the coin is ready to update the highs and go higher, for example, to 100-105-110K.
Despite the fact that bitcoin is losing its dominance in the market and it is possible to say that the alt season is open, the flagship of the cryptocurrency market has a huge potential to continue the rally. At the very least, the market is interested in reaching 100K, from which we are one step away.
Fundamentally: whales continue to accumulate the asset, buying up at every opportunity. Trump with his policies on cryptocurrencies is still a strong driver for the flagship and the cryptocurrency market as a whole...
Technically: The recent local correction is just a trap to gather liquidity before further growth. Pullbacks are now attracting large institutional buyers
Resistance levels: 99K, 100K
Support levels: 94.7K, 91.25K, 89.2K
An ascending triangle can be seen on the chart, which can be interpreted as a buyer's interest in breaking the resistance. The bulls continue to put pressure on the market.
Trigger 99K. If this zone is broken, bitcoin could go to 105K
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XRP Roadmap!!!(Short-term)I hope you had a good weekend .
According to the news about XRP , I decided to share an analysis of it with you today.
So stay with me.
Ripple is planning to launch RLUSD Stablecoin on December 4th , which increased the price of the XRP( BINANCE:XRPUSDT ) token.
" Ripple is set to release RLUSD, a stablecoin backed by NYDFS approval. This strategic move enhances Ripple's foothold in regulated digital finance and strengthens its position in the stablecoin market, challenging giants like USDC.
RLUSD will provide a stable pairing for XRP amid Ripple’s ongoing legal battles.
Partners like Bitstamp, Moonpay, and Uphold are on board, ensuring compliance with top-tier transparency and security standards. "
Of course, we should be careful with this proverb: " Buy the Rumor, Sell the News ", of course, it depends on the cryptocurrency market conditions on December 4th , if the crypto market is bullish on December 4th , we can expect the continuation of the upward trend of XRP.
Now, let's go to the Technical Analysis of XRP .
XRP is currently moving in a Heavy Resistance zone($2.00-$1.50) and has so far failed to make a new All-Time High(ATH) (on the Binance exchange ).
Also, from the point of view of Classic Technical Analysis , it seems that XRP is moving inside an Ascending Triangle .
According to Elliott wave theory , XRP is completing microwave 4 of microwave 5 of main wave 3 .
I expect XRP to drop( -7% ) to at least the Potential Reversal Zone(PRZ) , Uptrend line , and 100_SMA(4H-TF) after breaking the lower line of the ascending triangle pattern .
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
⚠️Note: If XRP can break the Heavy Resistance zone($2.00-$1.50), we can expect more XRP pump.⚠️
⚠️Note: If XRP goes below PRZ and Uptrend line, there is a higher possibility of a decrease.⚠️
⚠️Note: If XRP goes below $1.50, we can expect more dumps.⚠️
XRP Analyze (XRPUSDT), 1-hour time frame⏰.
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The last bullish chance of ADA in Short term!Cardano managed to break two ascending patterns a few hours ago, as you can see in the chart. Now, the price can drop to within the triangle to liquidate traders' positions, and I have identified the support point. However, it should not be forgotten that the price can easily go up to $1.23.
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⚠️Things can change...
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4 potential top trendlines for monthly log chart xrp patternXrp has some sort of bull pennant that it has been forming since the 2018 top and there are at least 4 potential top trendlines for it which I have showcased here with different colors. The green top trendline would be if the most valid pennant is an ascending triangle, the light pink line is for a cup n handle pattern, the brown trendline is jut connecting the two red wicks, and the teal trendline is there because it was able to connect 4 key wicks. The purple trendline is the top trendline of a smaller triangle inside the pennant that has a breakout target of around $12 which means once it breaks out and its getting quite close to its apex, the momentum it brings on the way to its measured move target will take us well above the highest of all these potential top trendlines causing the chain reaction of the larger pennant validating its breakout as well. This is a monthly chart timeframe of course though…so even though the inside triangle with the purple top trendline is nearing its apex that breakout from that triangle could still be very possibly 1-3 more months away. I get the feeling around the time of the automated market maker amendment being implemented(march 22nd) we could see price finally leap up out of the triangle, if so I’m expecting a very bullish april for xrp The good news is the highest price for any of these potential top trendlines currently is around $1.56-1.58 or so and is not gonna be getting any higher so once we flip that price zone to solidified support then we can look forward to validating the breakout on the big pattern, and the fact that it’s a pennant means we will have 2 targets to look for in the long run: 1 for just the flag portion and then a much higher one based on the height of the pennant’s pole. I left the price target of the poles measured move target(in neon yellow) out of the frame of this chart idea but you may be able to drag that part of the chart down into the frame with your mouse or touchscreen if trading view still lets you. The reason I left it out of the frame is because I wanted to be zoomed in close enough to the flag portion of the bull pennant itself to be able to clearly see how the candles move in the coming months whenever I pull this chart back up and click the play button. *not financial advice*
XRP → ATH is getting close. Consolidation before the rallyBINANCE:XRPUSDT rallies to ATH. The three-year accumulation is starting to realize itself and thanks to a tailwind - Trump, the coin makes a jump of 140%
At the moment the coin is in consolidation after the rally. There are no technical prerequisites and reasons for a reversal and fall, the price is accumulating the potential for continued growth. The focus is on the resistance at 1.523 and 1.6300. Breakthrough and consolidation of the price above this zone will provoke aggressive purchases, which may lead to a new impulse. It is possible that the local correction of bitcoin may put a slight pressure on the coin, which in turn before further growth will test the area of 1.4116 (strong resistance from September 2021), or the lower boundary of consolidation - 1.2775.
Resistance levels: 1.5234, 1.6300
Support levels: 1.4116, 1.2775, 1.2133
So, since we have a bull run, an ascending channel and a strong consolidation, in this case it is logical to consider buying only, which can be done only from the support or after the resistance breakout. The target in the form of ATH 1.9669 is getting closer and closer :)
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AUDNZD new bullish outlock
AUDNZD one of pairs on which watching in last can say long periods. First analysis on (attached) AUDNZD i am make on 22.11. Where i am share strong bullish expectations, price is make bull push all time and still what expecting here is bullish trend, from here expecting to se new strong bullish push. +We are have yesterday RBA.
Currently structure ASCENDING TRIANGLE visible
SUP zone: 1.09550
RES zone: 1.12050, 1.13100