General posts related to cryptocurrency and blockchain, news, opinions, etc.
18 Oct 2023 1 minute read 0 comments Aventurine
Bitcoin broke out and reached 80% of the pattern price target, however it immediately broke down to support level. This resulted in formation of a new pattern that is called "rising channel" which generally is a bullish continuation pattern! We ar...
17 Oct 2023 1 minute read 0 comments Aventurine
Solana Is Close To The Apex! The ascending triangle on the Solana chart is forming will it go down to $23 before the breakout? There is about 10 more days before the pattern reaches its apex! To which side will it go? With this breakout we can expe...
17 Oct 2023 1 minute read 0 comments Aventurine
Faster Than the Speed Of Lightning! I have posted my analysis for the upcoming Bitcoin upwards momentum and next time I looked at the chart Bitcoin was already there! It literally felt as if it moved faster than the speed of light! What was the reaso...
16 Oct 2023 1 minute read 0 comments Aventurine
It is no secret in the previous bull market Binance was the top exchange and Binance BNB had performed exceptionally well! But After the bull ended Binance among other exchanges became a prime target for investigations by SEC and other financial auth...
16 Oct 2023 1 minute read 0 comments Aventurine
Bitcoin Broke Out on Sunday and today it reached $28,000 resistance level! That is literally 4% pump! and it was a great trading opportunity! Now we can see that Bitcoin is retracing from the $28,000 price level I suspect it will retrace back to ar...
15 Oct 2023 1 minute read 0 comments Aventurine
Will Ethereum Start Climbing Following The 16 Month Support Line? There is no exciting new developments and the network usage is low, so is the gas fee! Gas is literarily back to the pre-bull run of 2020 prices! Also, the revenue has dropped to its...
14 Oct 2023 1 minute read 1 comment Aventurine
We can expect a price action on Elrond as the chart looks very promising! It has been downwards sloping for more than a year and has formed a falling wedge! This is beautifully formed pattern and it is a bullish one! The apex comes in December of th...
14 Oct 2023 1 minute read 0 comments Aventurine
There have been a few instances when bitcoin has been going sideways. 1. Before a massive dump e.g corona dump 2. And before a start of a massive Bull Run! In both cases we see Bitcoin going sideways for quite some time there was even a time when th...
13 Oct 2023 1 minute read 0 comments Aventurine
Is Bitcoin forming A Famous Megaphone Pattern On 1h Chart? Megaphone pattern signifies increased in volatility and possible reversal in direction, It also means that traders can not agree on the price direction! It is difficult to predict the outco...
13 Oct 2023 1 minute read 0 comments Aventurine
After 5% Multiday Decline Bitcoin Holds The Level! Bitcoin seem to hold $26,500 for third consecutive day and the Weekend is about to start. Can we expect a Sunday pump? It is difficult to say at this point as the hourly chart does not have a clear...
