
BallsOfSteel32
@t_BallsOfSteel32
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BallsOfSteel32

BTC is looking bullish on the daily chart in my opinion. One more pullback might be in order before we test new highs on the daily chart. The 100 sma has crossed over the 200 sma and the 50 sma is crossing the 21 sma. The rsi is neutral at time of publication. This bullish breakout could occur in late july after a pullback in the near term. I think bitcoin is setting up to make another all time high push as summer draws on.Not financial advice. Do your own DD.Thanks for viewing the idea. Comment what you think is going to happen over the course of this summer.

BallsOfSteel32

BTC is about to meet a major rising trend line that is converging with the 100 sma on the daily chart. This is where I am expecting the price to reverse. I think the current price is a discount that wont last much longer. Once we meet the trend line and the 100 sma, there might be more fireworks. Keep an eye on this. Not financial advice, do your own dd.Thanks for viewing the idea.

BallsOfSteel32

Gala is about to experience a 100-200 sma cross on the 4 hour timeframe. This is also occuring as the coin attempts to break the down trend that has been in place since December 4th of last year. Gala is back to trading above its 50, 100 and 200 sma which is a good sign. RSI is 58 at time of publishing. Levels to watch are marked with green horizontal lines. The top most line is the 1.618 extension of the previous high swing low. Gala could gain as much as 12-30% in the coming days. Not financial advice.Do your own DD.Thanks for viewing the idea.

BallsOfSteel32

This is the daily chart for BTC/USD. BTC appears to be trading inside a triangle after a large bullish impulse. Price is currently trying to regain the 50 simple moving average (yellow line). If BTC breaks the 50 day simple moving average, I expect the price to break out of the pennant forming and test higher highs. RSI is nuetral at 52 at time time of publishing. Price action has maintained candle closes on the daily above 92k.Target for the next leg up is the 1.618 extension from the most recent High to swing low. This would put the PA around 120k.NFA, do your own DD.Thanks for viewing the idea.

BallsOfSteel32

Gala had a large break out after a cup shaped accumulation period. The price has since pullled back the .5 fibonacci level. This level lines up with the neck line of the cup and accumulation period. We have a potential for a reversal to touch the top of a rising trend line sometime around january. my target is around 10 cents. this lines up with the resistance and the 1.786 extension. Ill be looking for a candle close above the .5 fib level. Stop loss will be around .038.Not financial advice. Do your own DD.Thanks for viewing the idea.

BallsOfSteel32

Im posting this idea because the formation the price action is making is a rising wedge. This shape has a bias toward breaking down and forming new lows. In this case, the 50 simple moving average has managed to stay above the 100 simple moving average and the price has managed to hold above the 50 simple moving average. RSI is only 48 at time of publishing on the H4 Chart. I think BTC will break to the upside here and manage to print a price above 100k. Minimum target is 101,900 the 1.236 extension from previous High swing Low. Not financial Advice, do your own DD.Thanks for viewing the idea.here is the pa, 50 and 100 simple moving average all respecting eachother

BallsOfSteel32

Bitcoin is currently trading within a Descending Broadening Wedge that appears to be completing and ready to flip bullish. RSI is 51 at time of publishing. Price action fell through the 50 sma and then recovered at the 100 sma. It then temporarily lost the 100 sma and recovered it. PA is currently sitting on the .5 extension. The bottom of the price action has also formed a "v" recovery. I think this area is bottom.Key levels to watch for after the breakout are marked with green horizontal lines and correspond to fib extensions. Not financial advice. Do your own DD. Thanks for viewing the idea.This is the V im talking about in the main post respresented with a triangle.

BallsOfSteel32

From BTC low to swing high (88,700 to 99,800) we have had a perfect breakdown through the fibs all the way down to a perfect body close on the .786. The price action dipped below the 100 sma for a short period and quickly recovered this level. Price is currently trading above the .5 fib retracement level. RSI is 49 at time of publishing and trending upward after an MA cross. Price is targeting the .382 and 50 sma next as levels to watch as btc recovers further. This is just my opinion, there is also clearly a scenario with more downside. This idea is strictly my opinion. Not financial advice.Do your own DD.Thanks for viewing the idea.here is the wick off the h4 50 sma and the area around the .382

BallsOfSteel32

LItecoin, the original altcoin, is flipping resistance to support on the H4 chart. Currently, the price is testing an area for support. If the price bounces, we may get another impulse. RSI is 62 at time of publishing. target would be the 1.618 of the previous high swing low aroun 109 dollars.Not financial advice. Do your own DD.Thanks for viewing the idea.

BallsOfSteel32

Looking for a long to the 1.618 off the recent high swing low. PA is trying to break H4 structure to the north. Price action is trading above the 50 sma. Price is currently trading above H4 resistance. roughly 25% return if doge can squeak out 50 cents. Green line is my entry. Stoploss is around .389000NFA, Do your own DD.Thanks for viewing the idea.hourly view with rsi cross potential as well
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