Charts| Cryptos performance -100K BTCUSD, ETHUSD Another up wave?
Today, I bring you the volatile trends related to cryptocurrencies:
1.Bitcoin - A Simultaneous Pattern BTCUSD
You can see the larger formation being created resembles an inverted H&S pattern if you plot a downward move to the middle of the channel
The right shoulder area is prime buy point.
2.Bitcoin Bull Continuation BTCUSD
BTCUSD has formed a largeup channelthat is trying to be broken
I expect a small breakdown to allow the formation of adouble bottom along a strong support, and simultaneously creating ahead and shouldersbear pattern
Following this the bulls may return and create a second pump wave for price out of this channel
3.100K BTCUSD
An idea for BTC showing the parabolic trend on a non-log chart
The price allows for an extension up to 1.618
The question just is how fast will this 100K BTC come? On the chart I have assumed the fastest possible rise.
4.BTCUSD - Similar Events
An idea showing similar structures, both leading to abullishrise, along the same strongtrend line
Will more follow?
5.BTCUSD Interesting MACD
This squeezing pattern on themacdextends back to nearly 2021
It is merging and breaking out on thisdaily timeframe
This is extremelybullish
6.ETHUSD Another up wave?
Similar structures are drawn between early 2016 ETH top and current 2022 top
Wondering if another wave up will occur and the pattern will essentially repeat itself, on a grander scale
7.XRPUSD - W Pattern
An idea showing a "w" pattern
Named this due to its similarities with the letter W
See if it holds anymerit
Look at the structure with an angle slightly to the left to view it
8.XRPBTC Falling Wedges
Similar falling wedges have presented themselves on the BTC chart for XRP
As seen in the firstfalling wedgeprice rose dramatically following the breakout of the structure, I have tried to plot an explosive breakout also on the second falling wedge.
https://www.tradingview.com/chart/XRPBTC/yglOuiTN-XRPBTC-Falling-Wedges/
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