#LTC Litecoin 1D Chart - Correction? Litecoin (LTC) shown on the 1D chart is in a very large triangle pattern and currently retracing. Within the large triangle, the price is hovering over a trendline. If it retests the trendline, it may retrace to the 0.618 fib level which is a possible 20-25% price decrease.
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Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
Cryptopickk
#DOGE Dogecoin 4H - Downside possibleDogecoin #DOGE 4H chart analysis shows a parallel channel since July 2021. I took the prior downside fractal and applied it to the current price. It shows we may be seeing a 12-15% downside move coming up before an upside reversal.
Overall I am still bullish on Dogecoin for the coming months as it has consistently performed well from December to April range. Let's see if it will continue.
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Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
#SHIB Shiba Inu 4H - Move up possibleThe 4H Chart for SHIBA INU (SHIB) shows a long term trendline (magenta color) with the current price in a parallel channel. If it remains in the channel, there may be a 15-16% upside potential. If it falls, keep an eye on the trendline for support.
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Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
ETH 1D LOG SCALE - Support LineEthereum ETH 1D Log scale chart shows that there has been a long trend line forming since March 2020. As the price is falling, there is support around the $4100 - $4200 price range. If it breaks that price range, we may be seeing lower price targets.
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Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
BTC 1D Chart Support Areas Going DownThere is a lot of technical data shown on this BTC Bitcoin 1D chart:
1) Check out the 21 EMA support, and the 50/100/200 MA support
2) Look at the VPVR with my support lines noted.
3) Look at the Fibonacci retracement levels
4) Price is above the ichimoku cloud
5) Price is sitting on the trendline since October pump
6) RSI broke down from the trendline forming since the end of Sept 2021
If BTC price can hold the 21 EMA, then we can continue for an upwards momentum, otherwise expect some form of a correction.
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Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
BTC 2017 Cycle vs Current CycleI put a side by side comparison of the 2017 bull market parabolic run with blow off top versus what is currently happening now and what could be coming. Though history doesn't repeat, it generally rhymes.
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Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
BTC 1W Log Chart Bull Market ComparisonBitcoin current bull market cycle comparison with the prior bull market in 2017 shows very strong similarities. I put together a log scale parallel channel along with taking the 2017 fractal into current price. It seems that there may be a short term dip coming with a parabolic move coming right after. The current cycle seems to be extended so we may not get an all time high BTC until January-February 2022 based on this chart.
These are all ideas and assumptions. But who wouldn't want a $284K+ BTC in 2022!
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Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
ARKK 1D - Golden Cross Coming UpARK Innovation ETF (ARKK) led by Cathie Wood is shown a possible near break of the triangle with a possible golden cross on the MA coming up very soon. I plotted fib levels to see how I we can possibly go. There has been consolidation since March 2021. It seems that a breakout is coming very soon.
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Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
LINK Chainlink Golden Cross 250%+ MoveI am showing this analysis on the LOG scale chart.
Chainlink (LINK) recently had a golden cross (50 crosses over the 200 ma) on the 1D Chart. Per the charts, the last time this happened was when LINK was around $2.84 and it went into a Death cross at around $20.52 (about 615% increase).
If LINK can get back to the top of the channel, that would be around $116 with about a 250% move.
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Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
#FTM Fantom Lower High on DailyFantom (FTM) on the 1D chart shows a lower high. I charted a few trendlines to consider keeping an eye on along with a fib retracement.
What are your thoughts? Comment below, hit the like and follow me. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
SHIBA INU - 100%+ possible move comingShiba Inu (SHIB) is hovering right below the breakout trendline inside a huge rising broadening wedge pattern.
A few other things to note:
1) RSI is ready for the next leg up
2) Volume seems to be declining (getting ready for a move)
3) Bollinger Bands are tightening. See circled example.
We could be seeing over a 100% move as shown in the chart back to the top of the wedge pattern.
What are your thoughts? Comment below, hit the like and follow me. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
#GRT The Graph 1D - Big Move Coming!I did a deep dive on GRT to figure out if we are in a possible next leg up. GRT was in a symmetrical triangle on this chart but inside that triangle it was in a falling wedge pattern until it broke out recently. GRT is above the ichimoku clouds and over the 21 ema on the daily now. I noted a few resistance areas along with showing a fractal from the prior pump.
RSI and Stoch RSI show the possible move up is ready.
Market Cypher shows a green dot.
There is a nice double bottom formation on the trend line that was formed since May 2021.
My biggest concern at the moment is if BTC hits the ATH and creates a double top pattern and starts to move down. This would not be good for GRT or any other crypto.
What are your thoughts? Comment below, hit the like and follow me. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
COTI 4H Chart - RSI breakoutCOTI is in a large ascending triangle pattern and recently touched the bottom trendline. Also RSI just broke out of the trend upwards. We can see a nice moving upwards coming. I noted the resistance areas with the R's.
I've been tracking COTI for a while. Check out my other ideas below!
What are your thoughts? Comment below, hit the like and follow me. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
#DOGE Dogecoin 155 Days from DecemberI did an analysis from about 155 days from the start of December on Dogecoin and what the outcome was. The analysis shows 2018, 2019, 2020 and 2021 with an assumption for 2022.
The assumption was based on hitting around 100% gain but as you know Doge can go even higher if there is enough market sentiment and a few good Elon tweets :P
For the time being Dogecoin is one of the top cryptos by market cap and has a gigantic following.
I chart Doge often as shown below. Check those ideas out as well and give a like!
What are your thoughts? Comment below, hit the like and follow me. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
#TSLA Tesla - What's next?Elon Musk is looking to sell a portion of his Tesla stock. So what will the stock look like for the upcoming days - months.
I took the prior fractal and matched it with the current market price. TSLA gets back into the channel it has been in since early 2020.
Yahoo Finance Article: finance.yahoo.com
CNBC Article: www.cnbc.com
What are your thoughts? Comment below, hit the like and follow me. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #tesla #tsla #bitcoin #doge
BTC Bitcoin 1W - Realistic EOYAssuming the market stays bullish for the rest of 2021:
Bitcoin BTC on a weekly chart is moving higher week over week, but it is also following a channel since early 2020 where the top is around $73K-$76K range. The fib levels at 1.618 is around $73K.
See my related ideas where I show the log chart as well which is around $73K-ish.
Let's see if we can really reach $100K by end of the year (2021) as the major crypto influencers keep referencing. :)
What are your thoughts? Comment below, hit the like and follow me. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
#SNX Synthetix 1D - Move comingSynthetix SNX is in a large triangle pattern but let's look at the small descending channel for now. It seems that there may be a potential breakout coming up. If SNX breaks the resistance around $13, it may get a chance to move higher.
What are your thoughts? Comment below, hit the like and follow me. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
Ethereum #ETH Weekly - Is $10K possible?From past history, when Ethereum goes into oversold territory RSI at 70+ on the weekly chart, the price seems to show a nice pump. See the chart to understand more.
There are a few issues to consider as well:
1) We are potentially forming bearish divergence
2) Almost 6 weeks of upside weekly candles
3) If BTC has a correction, ETH will follow
Lastly, I drew a few fib levels to watch if a pump occurs, where would we be able to get to. With just about 120% gain from current price levels, we could be seeing almost a $10K ETH.
This is all exciting but we do have a few hurdles ahead.
What are your thoughts? Comment below, hit the like and follow me. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
#SHIB SHIBA INU - Interesting supportFor the SHIB Army and SHIB watchers: Nice support at the S/R area and now on the hourly a higher high formed. RSI seems to be making it's way back up. It was interesting how SHIB's price was almost parabolically going down until the S/R point. If price moves back up, I noted fib extensions.
I am still very cautious about Shiba Inu.
What are your thoughts? Comment below, hit the like and follow me. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
#MIR MIRROR PROTOCOL 4H ChartMirror just did a retest on the trend line and it seems that it is getting supported. Fib extensions seem to show possibility of growth. Also RSI cool down and trendline re-test on the 4H Chart shows that possible move back up may be coming.
What are your thoughts? Comment below, hit the like and follow me. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins