RiskCity

PEPE looking like an inverse head & shoulders pattern my friends.We got a neckline at 0.00000175SoBreaking that level and staying above it could mean PEPE reaching price targets of0.00000289 REGULAROR0.00000517 LOGARITHMIC

Explaining the idea of why I expect BONK to fall further.Trend: LH's and LL's, peaks getting lower and lower, tapping into the floor of 0.00001Volume peaks: I've marked the peaks with a red "X" both on the price chart and volume.Decreasing volume: Every time a peak has been made, volume as fallen, and so has price. See the red arrows on price and volume.I'm expecting this to be the case now too.Eventually breaking the floor of 0.00001 and falling to around 0.000005. That's about a 60% drop from current prices.Update: This idea is invalidated if we get a daily candle close above 0.00001330

Trading is hard, so let's try to keep things simple!This is a chart representing one of the most successful memecoin.Right now it's bounced from the 0.0..140 area it has respected. If you look to the left, this has been a significant level.The chart also seems to be making a bottom-like pattern.Taking all this into account, PEPE has a pretty good chance of moving up in the upcoming days/weeks.Unless the market decides to sh*t itself.THIS is NOT a financial advice, it's merely a trading idea!

Hello friends!This is a continuing part of the previous analysis I made on BTC & OBV, which turned out to be accurate.In this analysis I'm observing the OBV range again, but now from the upper part of the range.For the past year, whenever OBV has made it to the level it is now, BTC price has either stalled or dropped.Which will it be now?If in case we do see a drop, there are good buying opportunities around 32K level.Here is the previous idea:Expecting something like this to happen, either we break this grinding upward channel to the upside or downside. Could end up breaking it up like we did on 23rd of October!

Just sharing my idea of a possible H&S pattern, which could be triggered once BTC breaches 25K level.This then could take us down to 18K's.That's a big drop.On a larger scale, if we are in an accumulation pattern before a run up, a dip would look better on the grand scheme of things, in my opinion.H&S pattern would be less probable if we can get up to 28600's and stay above that level.Let's zoom in on the right shoulder:Falling wedge break into a flag-like pattern, how will it resolve?Seems like this H&S pattern is less and less likely, as the crypto market heats up. Only real danger here would be a total crash of all markets which then would pull BTC down. Could be something related to yield-curve inversion/war. Until then it seems like it's most likely range or up.

What is an OBV?The On-Balance Volume (OBV) indicator is a tool used in trading to gauge the strength of a price trend. It does this by tracking the cumulative volume of an asset over time. When the OBV rises, it indicates buying pressure, suggesting an uptrend. Conversely, a falling OBV suggests selling pressure and a potential downtrend. Traders use it to confirm trends and identify potential trend reversals.I've noticed a range happening on OBVGenerally, if OBV has been at the top, there was reason to look for a sell.Vice versa if OBV is at bottom range, a buy could be caught.25K level has been important for BTC as a resistance and now as a possible support.I'm looking for a wick (to grab liquidity) around 25K level and then a possible move up.However if we break and stay under 25K, it opens up gates for a H&S pattern, which could take us below 20K.September is historically a bearish month for cryptos, so be careful out there!

BTC - The importance of 25K 25K - The second most important level after 30K (which BTC rejected from - link here ) 25K is the neckline of inverted Head & Shoulders pattern, which if completed, could see BTC heading towards 34,5K (regular) or 40k (logarithmic) target. After coming into contact with 30K level, BTC has drifted down in an descending channel or a falling wedge, making it's final little touch with the 25K level. A breakout from the wedge to the upside is the general outcome, but price of course can take a different direction, path marked with red color. It is notable though, that the volume has dried up on Binance, the biggest exchange. What are your thought on BTC's next direction?

PEPE - what goes up, must come down Now you might've read the title and thought to yourself, this guy said so, therefore it should happen! NO This is not the case. More accurate title in trading terms would be "what goes up, could come down", as there are no certainities in trading. NEVERTHELESS Seeing that Pepe is having trouble holding the 0.0..015 level as support, it could mean the next meaningful move is to the downside. My target would be the lower level of 0.0..105 (or 0.0..01 if you want to round it out) AS ALWAYS This is not a trade recommendation, but merely just an idea. Good luck!

The 30K zone has been a significant support in January and summer of 2021, marked with green circles.Until the Bear Flag breakdown in May 2022, highlighted with a red circle.Fast forward a year and BTC has approached the area once again.From a higher timeframe it may seem as a Break & Retest of previous support as resistance (which it may well be).BUTWe have a little acceptance in the Bear Flag zone which we previously broke down from, marked with black dotted lines.And at this current point we may we witnessing a Break & Retest of the previous resistance (also the lower line from Bear Flag), just at around 28,5K.IFThis holds true and 28,5K level is being held, I think there is more chance of BTC price increasing.HOWEVERIf 28,5K doesn't hold and we start drifting below it, BTC'd primary direction then should be to the downside.

Trend - BearChart pattern - Bear FlagTarget - around $800KISS - keep it simple stupid