mysticalwalrus

mysticalwalrus Updated 

Important things to note: Everything looks great. Price movements have bullish structure and we are in the start of a bullish trend. This means we have likely seen the lowest low and the price will move upward. The double bottom we saw was denied. We will have a price decision. Watch for a break in the first resistance to our first significant price target. Set...

mysticalwalrus Updated 

Important Things To Note: Just when you started to doubt me. Just when everyone was saying BTC 20k, ADA 1.00. Just when the news was screaming bear cycle. We finally had BTC show us more signs signaling the end of the pullback was correct. 3 test of BTC at 40712 BTC created higher low at 4114 with the impulse we needed. BTC bullish engulfing at 4hr. ADA signaled...

mysticalwalrus Updated 

Important things to note: First, it is very clear very few people share my sentiment on BTC. Time will tell. ADA has a small head and shoulders pattern which may just represent retracement. If I am wrong about the correction, we will see a lower low, I believe 1.71 will be hit in this case. If I am right, we will see a major higher low, and eventually a cross of...

mysticalwalrus Updated 

Important things to note: I had suspected the correction for ADA was coming to an end. BTC has confirmed this and will push to its next bullish target producing a new ATH. There of course will be retracement along the way. I said the market will be bullish this coming week and it is working out perfectly. I have shown the price movements on the chart. We have a...

mysticalwalrus Updated 

Important things to note: BTC is on its way to make its 3rd lower low between 40--38k. This will signal a significant reversal due to the three drives pattern. A three drives pattern is 3 lower lows or 3 higher highs followed by a reversal. (you have seen me mention this before) If the minor trendline breaks and the price falls to 1.91 this will create an...

mysticalwalrus Updated 

Important things to note: I am bullish on the crypto market coming into next week. I would like to see 1 more pullback from BTC causing the strong impulse upward. I have said before the correction only has a few movements left and I see 1 more movement at most. ADA is looking fantastic and I can see 1 of two scenarios happening: 1 - a pullback to the minor...

mysticalwalrus Updated 

Important things to note: I am on vacation, will be back tomorrow. Main Trendline broke, fall to 2.0 came as mentioned in my last chart. Support levels we will likely see in this fall. BTC is heading somewhere between 42k-38k BTC failed to maintain 48k and push for 50k ADA is heading somewhere between 2.0-1.7 Important Dates to Take Note of: ADA Summit Sep...

mysticalwalrus Updated 

Important things to note: We have not gotten our 50MA test yet. Price coming to another decision. Long wicks tells us price will move up temporarily. A break from temporary trendline will signal fall to lower price level. 1.91 price level will be hit hit price falls, 1.71 might be hit. Chinese Govt hates BTC (we already knew that) Important Dates to Take Note...

mysticalwalrus Updated 

Important things to note: There is an important 50MA test about to happen. A moving average is usually the average closing price of an asset in a certain amount of time. Prices use moving Averages to perform tests of a price level. Usually before a break across a moving average line, the price will test MA at a prior time hinting that it will try to cross. This...

mysticalwalrus Updated 

Important things to note: ADA has formed a descending wedge which confirms short term bullish activity. ADA bouncing from oversold RSI. Breakout to upside of wedge coming soon. 50MA test will likely be the decision point. 50MA lines up with resistance due to volume. My last chart predicted this movement, this wedge gives it more justification. BTC will need to...

mysticalwalrus

Important things to note: Price settled around 2.0 as I mentioned it probably would if trendline breaks. RSI showed oversold causing small rally. A few things can happen here: 1 - Price falls to 1.7 ending the correction. 2 - Price rallies to the price decision region and moves downward to 1.9. 3 - Price goes to decision region and breaks above the box, moves...

mysticalwalrus Updated 

Important things to note: BTC is retracing at the moment. It does not look bearish at the moment. Likely to try the 50k level as I had said before. If bearish impulse price will fall to 42k. Low at 2.31 Price moved to 2.44 and started retracing. 2.5 is the level ADA will need to hold to push higher. I have noted the resistance levels ADA will need to test to...

mysticalwalrus Updated 

Important things to note: BTC broke out, showing bullish continuation. Extremely Strong BTC buy signal found 2 days ago. ADA will make a run for resistance soon. It will test 200MA on 1H first. Strong bullish divergence from RSI . I believe the correction is ending. Altcoins will lag behind a bit but will still move with market, just a bit slower at first,...

mysticalwalrus Updated 

Important things to note: BTC is holding the critical 48k level I have mentioned previously and is producing buy signals at the moment. ADA has a few choices It will either consolidate until 2.37 and push upwards Fall to 2.26 and push upwards Minor target of 2.83 Major target of 3.25 2.2 less likely ADA not likely to break main trendline Important Dates to Take...

mysticalwalrus Updated 

Important things to note: BTC has reached the level I have mentioned previously 48K (it will need to retrace properly and hold for confirmation). If BTC confirms level, it will confirm end to pullback. (likely scenario). ADA will test 200MA as its final real test. ADA will either pass the test and run to 2.86 (likely scenario) or be denied and move to...

mysticalwalrus Updated 

Important things to note: BTC ran while ADA remains stagnate. ADA has bullish divergence on RSI. Flagging pattern broke to downside, produced small bump in price. Small descending triangle. Test of 50MA will determine if it moves higher or gets shot back down. Next test will be resistance 2.78. A lot of accumulation at support. If prices go lower, likely to test...

mysticalwalrus Updated 

Important things to note: I had some time to study BTC right now BTC has created 3 lows now it will test Just closed above a critical level right now It will need to close above 200EMA to confirm If it fails it will create a new lower low 42k or 38k, if it passes, it will move higher signaling end to correction ADA is about to run a test of its own (200MA) If ADA...

mysticalwalrus Updated 

Important things to note: ADA has retraced to 2.51 completing the double top pattern (M pattern) as I previously mentioned it would. The retracement confirms where ADA is heading, to 2.0 It is likely to make a stop at 2.2 and retrace a bit creating a new pattern which will tell us more. BTC has retraced and created a new lower high telling us the correction is...