moon333

  Hey friends, hope you are well and welcome to update on Theta coin.   Breaking out the channel: The price action of Theta has broken out the long-term bullish channel, now it can form another channel or any other pattern above the previous channel and the priceline may use the resistance of the previous channel as support. You can also watch the below video form my youtube channel moon333 for a better understanding:   Note: The above link may lead you to my channel moon333 on youtube  The EMAs: On the long-term weekly chart, the priceline of Theta is moving above the exponential moving averages 10 and 21 and using these EMAs as support before the next rally very well. Now it is possible that the price action may use the resistance of the previous channel as support and while exponential moving averages will move up to provide the support.     Simple moving averages: On the daily chart, the price action of the Theta coin has crosse...

  Hey friends, hope you are well and welcome to update of ICON (ICX) coin. Previously we have seen that the price action of ICX coin completed the Cypher pattern in the US Dollar market and at the same time it was completing the final leg of the harmonic Shark pattern in the Bitcoin market. And at that time I said that it is possible that the price action may become less bullish in the USD market and Bitcoin become more bullish in US Dollar market then the price action of ICX may complete the final leg of bullish Shark in the Bitcoin market. And now it happened and the bullish Shark move is completed and now this coin is entered in potential reversal zone and ready to take bullish divergence at any time. Harmonic Cypher move in USD market: Click here to visit this old article on tradingview   Harmonic Shark move in the Bitcoin market: Click here to visit this old article on tradingview   In the meanwhile on the daily chart, the price action of ICON coin comple...

  Hey guys and gals, welcome to the new update on the XRP coin.   Another bad news: Today is another very bad day for XRP as another worst news published that “Coinbase to Suspend XRP Trading Following SEC Suit Against Ripple” https://www.coindesk.com/coinbase-suspends-xrp-trading   Before this, we have seen that the XRP was dumped hard when SEC filed a lawsuit against Ripple a few days back. You can also watch the below video form my youtube channel moon333 for a better understanding:   Note: The above link may lead you to my channel moon333 on youtube  Traders are taking advantages: Now, the traders are taking every dump as an opportunity to buy the dip. As when the price of this coin reached $0.22 support they started buying and dumped it again. Then they waited for this $0.22 support to be broken down and now they have again started buying from the $0.17 support. Now there are strong chances that they will dump it again and let the price...

  Hi guys and gals, Welcome to the new update on BTC.   The pricline reached pennant’s target: In my previous post we have seen that on the 4-hr chart, the pricelne of the leading cryptocurrency was breaking out the pennant. And as per measurement from the tail of the pennant to the support and placing it at the tip of this pattern, the next move was expected up to $25500 at least. Finally, the pricelne of Bitcoin surged more than $25500 and even spiked beyond $28000.   The Bitcoin has broken out the resistance of H&S: Before the above move the price action of the BTC formed a head and shoulder pattern and after getting bounced from the neckline now finally, it has broken out the resistance of this pattern, that was at $24200.   The BTC is likely to find a new fractal resistance: On the daily chart, the price action of Bitcoin has also broken out the bearish reversal fractal resistance. This resistance level was at $24200. And now likely to fo...

  Hi friends, hope you are well and welcome to the update on Digibyte coin.   Harmonic Shark move has been completed: In the previous post, I told you that the price action of DGB forming the final leg of bullish Shark on the 2-week chart. Now finally the leg has been completed and the priceline of Digibyte has entered in potential reversal zone of this pattern. Previous article before execution: For more details, you can also watch the below video from my youtube channel moon333: Previous article after execution: Click here to visit this old article   The long term support and different indicators: Now on the long-term weekly chart, the MACD and stochastic have given weak bullish signals and RSI is also in the oversold zone. But it can be also observed that the DGB has long-term support at 0.00000050 btc, therefore, the priceline can again re-test the support before the final bullish rally. This support is within the potential reversal zone of the bullish Shark pattern. ...

    Hey friends, hope you are well and welcome to a new update on the XRP coin. More than 80% recovery rally: After the news of a lawsuit filed against Ripple, there was a drastic drop in XRP but it has recovered 80% in a single day. On the daily chart, it spiked beyond the $0.22 support but now moved above the $0.31 level and using this level as support. Here the price action of XRP also has good support of daily 200 simple moving average.   Click here to create an account on Binance, the best place to buy or sell XRP coin   Simple moving averages on the long-term chart: If we switch on the weekly chart, then the price action of XRP is breaking down the 200 and 25 simple moving averages and spiked upto 50 SMA.     Ichimoku cloud: On weekly chart, the priceline has spiked upto the bottom support of Ichimoku bearish cloud and moved up. If this cloud will be broken down again then it can become a very strong and long-term resistance level for t...

    Hey friends, hope you are well and welcome to a new update on Bitcoin. Head and Shoulder pattern and resistance: Previously we have seen that on a 4-hour chart the price action of Bitcoin formed a head and shoulder pattern and found resistance at $24200. Now the BTC has broken out this resistance.     Click here to create an account on Binance, the best place to buy or sell Bitcoin     Fractal resistance is broken out: On the daily chart, after breaking out from a wedge pattern, the price action of the leading cryptocurrency found fractal resistance at $24100, which is also broken out.     Pennant is broken out: On the hourly chart, the price action of BTC formed a pennant, and now finally, the resistance of the pennant is also broken out. Now, if we take the measurement from the tail of the triangle to the support, then the target can be $25500.     Big butterfly move: However, on the bigger time frame on the m...

    Hey friends, hope you are well and welcome to a new update on Bitcoin. Channel is broken down: On an hourly chart, the price action was moving in an up channel and now finally, it has broken down the support of this channel. Click here to create an account on Binance, the best place to buy or sell Bitcoin     Head & Shoulder formation: On a 4hour-chart, the priceline of Bitcoin formed a Head &Shoulder pattern and bounced from the neckline of this H & S pattern. If the neckline would be broken down then the price action of the leading cryptocurrency may reach the $20K level. There are also 50, 100 and 200 simple moving averages supports below the head and shoulder pattern.     An expected re-test of EMAs: On the long-term weekly chart, the price action of Bitcoin did not re-test the exponential moving averages 10 and 21. If the priceline on the 4-hr chart breaks down the neckline of Head & Shoulder formation then it can mov...

    Hey friends, hope you are well and welcome to a new update on Bitcoin.   Harmonic bearish Butterfly move: Three weeks ago, I told you that bitcoin is completing the final leg of the bearish Butterfly pattern on the long-term monthly chart. Now finally the price action has rallied up to $24211 and completed this leg. Now there are chances of price reversal because the price action already has spiked in the potential reversal zone of this bit bearish Butterfly pattern.     Previous harmonic bullish Gartley move: This is quite a similar move that Bitcoin completed in April 2020, but that was bullish Gartley. At that time when the final leg was completed, then I posted an article and video where I said that the price action has entered in potential reversal zone and it can be reversed from here. Eventually, the priceline reversed, and sofar it has rallied more than 255%. Gartley move before execution:   Previous Gartley move after 255% bullish...