Cryptocurrency Technical Analysis​

Tecnichal analysis of Bitcoin, Ethereum, XRP, and other cryptos

XRP

XRP has been consolidating for a month following the recent high that it set around $2.

Now it looks set to break that high and continue even further.

Tuesday, 18 May 2021

Bitcoin

Bitcoin has been consolidating for the last three months. This consolidation will likely extend even further. We’re anticipating another bearish leg down which will be at a structure level. This could potentially be the catalyst for the bullish market resumption.

Tuesday, 18 May 2021

XRP

XRP has had a little consolidation, and now the market has presented us with a nice buy set up. So, there is a huge potential for XRP heading to $2!

Tuesday, 13 April 2021

Filecoin

Filecoin is taking a break from the last huge rally. The market is now consolidating and gearing up for another bullish impulse leg. Get ready for it!

Tuesday, 13 April 2021

XRP | Ripple

Is it time for XRP to shine?
We’re at a resistance level again. If XRP breaks it, then we could see its way to $1 and beyond.
If it doesn’t, we could come back down into the consolidation and potentially complete the bullish Gartley pattern.

Monday, 5 April 2021

XRP

XRP has been in consolidation for a while now. However, we think its price may even go lower than now due to the formation of a bullish Gartley pattern. The question now is, can XRP go down $0.26 before it lifts off?

Thursday, 1 April 2021

Waltonchain | WTC

WTC has been flirting with its all-time high levels at 1.9.  
It won’t pass a long time before we see it break that level and continue higher.
This will open the door for a 100% price increase in the upcoming weeks.

Monday, 29 March 2021

Compound

After a 3 waves correction, Compound could potentially start rallying. If so, we can expect the first target to be at the 141% Fibonacci extension of the previous impulse leg.

Friday, 26 March 2021

Cardano | ADA

Cardano is finally ready to reach new heights. So, now it’s your moment to buckle up and get ready. Enjoy the ride!

Friday, 26 March 2021

XRP Ripple

Okay, we know its just a matter of time before Ripple takes off, so the longer it stays in this consolidation zone the bigger the impending move will be so if you still have your Ripple position, just be patient and wait a little longer.

At the moment, structure tells us that we might get a slight dip back into the previous structure before can see another attempt at a potential bullish impulse and if we can break out of the consolidation then it might turn out to be the move we’ve all been waiting for.

Friday, 12 March 2021

Bitcoin

Bitcoin is consolidating around it’s recent high which suggests we will have another bullish impulse leg to come.

However, the market has formed a bearish Gartley pattern near the top of the current structure so we should expect a slight dip which will present us with an even better opportunity to go long.

Short Term Short, Long Term Long

Thursday, 4 March 2021

XLM

Stellar has been retracing from its recent highs of 0.60s and it’s currently approaching an important structure level that should act as the catalyst for the resumption of the bullish market.

We do have a minor sell setup which will take us back into that structure level where our long orders are pending.

Short term short, long term long.

Thursday, 11 March 2021

XRP | Ripple

Ripple is a cryptocurrency with great potential and yet it hasn’t lived up to expectations considering how bullish the majority of the cryptos have been.

However, it’s just a matter of time before we see ripple start making strides towards new heights and this could potentially be the trigger.

The market has come into a support structure and has clearly respected, so now the question is…Are we ready to take off?

Thursday, 4 March 2021

Stellar Lumens 

Stellar is following the rule of a bullish market so we can expect another bullish impulse from this current structure level.

Short Term Bullish, Long Term Bullish.

Thursday, 4 March 2021

Bitcoin Cash

Bitcoin Cash has shed almost 44% of its value with the recent retracement and now it is approaching a support level at around 375, this will present us with more buying opportunities and if that happens then we can aim for our take profit target at the 141.0% Fibonacci extension (963) of the last bullish impulse leg.

Monday, 1 March 2021

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Bitcoin

Bitcoin has retraced by around 25% of its recent all-time high of 58-59k and now it’s approaching a very important area of support between 30k and 41k so we can expect a lot of buy orders to come in once the market reaches this zone.

Short-term neutral, long-term buy.

Monday, 1 March 2021

Litecoin

Litecoin has retraced back into a major support level and this is the perfect opportunity to go long because the market trend is very bullish and we could see a 90% rally within the coming weeks which will take us to the first target located at the 141.0% Fibonacci extension of the previous impulse leg.

Monday, 1 March 2021

XRP | Ripple

Ripple is gearing up for a 100% rally which will like happen soon.

This is based on the current market structure where we are seeing the market starting to form a bullish corrective structure.

So, if you haven’t yet bought Ripple, then this might be the last chance to do so before we start a very long bullish market.

Short-term bullish, long-term bullish.

Tuesday, 23 February 2021

Bitcoin Cash

Bitcoin Cash has recently broken a key level at around 515 and that could potentially pave the way for a huge bull rally because the structure level is located at 1853, a massive 150% rally.

Short-term bullish, long-term bullish.

Tuesday, 23 February 2021

EOS

EOS is gearing up for a huge rally and we could potentially see a 318% rally in the coming months.

The crypto bull cycle has already begun with Bitcoin, Ethereum already setting the pace, and more cryptos could follow.

Short-term neutral, long-term bullish.

Monday, 22 February 2021

Cardano

Cardano has finally broken the $1 mark and the structure says the bullish market is just starting.

However, we could get a little correction before the market continues with its bullish momentum.

Short-term bullish, long-term bullish.

Monday, 22 February 2021

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Kraken

Kraken has been steadily climbing up like most of the cryptos.

However, it may be pulling back into previous structure support and that will present us with the opportunity to add more buy entries.

Thursday, 18 February 2021

Bitcoin Cash

Bitcoin Cash has set an all-time high at around 774, and we’re now seeing a minor pullback which will likely terminate at the immediate support level located between 600 and 636.

That should be enough to hold any bears and resume the uptrend.

Wednesday, 17 February 2021

Dogecoin

Dogecoin has spent a whole week consolidating after the huge rally we’ve had.

Based on the current market structure, we think we can expect another rally to start very soon.

Short-term neutral. Long-term buy.

Tuesday, 16 February 2021

Bitcoin

Bitcoin has reached an all-time high at around 49k, and it will still continue to rise based on a strong bullish momentum.

However, we’re expecting a minor pullback into a previous structure at around 35k before we continue rallying.

MACD and RSI are already showing weakness. So, let’s see if the market give us that pullback and we can look to add more positions at 35k.

Short term bearish, long term bullish.

Saturday, 13 February 2021

NEO

Lately, a few cryptos have been making huge rallies.

And NEO could potentially make a 450% rally.

But is this really possible?

Friday, 12 February 2021

Stellar Lumens

Stellar has been steadily climbing up following our last post, and we have a potential corrective pattern coming up that will likely mirror the two previous corrective patterns.

If that happens, it will present us with another opportunity to add more long positions.

Short-term bullish, long-term bullish.

Wednesday, 10 February 2021

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XRP | Ripple

XRP is in a bearish corrective structure on both the H1 and H4 timeframes and that suggests a potential for more downside.

Long term bullish, short term bearish.

Friday, 5 February 2021

Bitcoin

Bitcoin has been in a bullish corrective structure since the first week of January.

There’s a very good chance that that correction is about to end, which means the bullish trend will continue soon.

Friday, 5 February 2021

Ethereum

Ethereum has completed a leading diagonal reversal structure with bearish divergence on the RSI.

So, it’s just a matter of time before we get a major retracement back into the previous support level which is located between 552 and 650.

This will represent over 50% decrease in price and that may seem unlikely but cryptocurrencies are very good at springing surprises.

Note: this market is bullish on a higher time frame.

Wednesday, 3 February 2021

XRP | Ripple

Ripple has been consolidating under a major structure level now and this consolidation is turning into a corrective structure which will suggest that one more impulse to the downside is very likely.

If it is a 3 wave corrective structure then we can expect XRP to rally to around 0.42 before it starts descending.

Note that this price is also the 127.0% Fibonacci extension of the previous mini impulse leg of wave 1.

Friday, 29 January 2021

Bitcoin Cash

Bitcoin Cash is one of the very few cryptos that will go down considerably before turning bullish.

There’s a very good chance it will retest its 2 years low at around 71.50 and it will represent an 80% decline from its current price of 400.

So, if you are planning to buy Bitcoin Cash, then you might want to wait for it to go lower before buying it.

Wednesday, 27 January 2021

Litecoin

After a 333% rally in the last few months, Litecoin is gearing up for another 180% rally in the coming months.

The market is currently in a corrective structure and we have a major support level between 82 & 93, which will be the best price range to look for longs.

Friday, 22 January 2021

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XRP | Ripple

There’s no doubt that XRP will be bullish in the long term.

However, in the short term, we see it revisiting lows we haven’t seen in a long time.

This will present us with a chance to buy or add to the positions we already have.


The buy zone is located between 0.01 and 0.11.

Monday, 18 January 2021

Stellar Lumens

Stellar is on the verge of rallying.

There’s a very good chance it will reach new heights, and at only 0.30 cents, it’s one of the cheapest cryptocurrencies to own.

So, it’s definitely a must-have crypto before it’s too late!

Thursday, 14 January 2021

Bitcoin

Do you have any idea what will happen to Bitcoin? Well, let us enlighten you…

Bitcoin has rallied over 150% in the last 3 months, this is a type of rally that will most likely continue, however, the market never moves in a straight line so we can expect some correction in the near future.

So, if you have missed out on the first rally then don’t worry, wait for the pullback and you will be able to jump on the rally!

Tuesday, 5 January 2021

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