Elliot wave pattern depicting potential impulse wave taking us to $0.185. Depin is quickly gaining traction and is garnering attention from major players in the industry. In the long term (2 years time) I see IOTX hitting the $2 mark.
I find that sometimes the most simple charts are the most accurate. This chart highlights points of interest from 64k down to 49k based on prior support/resistance areas.
Target 1 = $1 Target 2 = $3 Target 3 = $5 The DePin revolution is here. Are you ready for the ride?
As #Bitcoin #BTC continues to consolidate above the 200 day Weekly MA, let’s take a look at the overhead lost supports that could very well become points of resistance on any move up. I am particularly curious to see how the Bitcoin price will react to any tap of the $28.5k to $29k region. In the event we break through that we could see Bitcoin revisit the 32k...
RavenCoin appears to have broken out of a year long symmetrical triangle on the weekly chart after posting a strong hammer candle last week. Depsite the bearish sentiment that is being expressed by many frustrated traders, now is not the time to sell in my opinion. This chart with its double bottoming bullishly divergent MACD coupled with this pattern breakout...
This call will be controversial but I am seeing some very bullish divergence playing out on the 4 hour chart. Perhaps a bounce back to 38k before further downside unless bulls can somehow take control. There is a hidden bullish caveat in the developments of today. In the event Putin decides to stay put in the Separatist held regions and successfully gets...
Look at the rock bottom price here along with the huge hidden bullish divergence... This is a lose it all or hit it big kind of play. They have an app in the Apple Store for their DEX. Had alot of hype over the fall and then kind of fizzled out due to some FUD. Let's see what happens.
Solana seems to be on track towards a sharp drop to the $50 range. Weekly chart looks like a head and shoulders pattern waiting to break down.
In a nutshell, Bitcoin is currently in a short term descending broadening wedge pattern. The daily Ichimoku cloud has turned bearish after the bearish Kumo Twist I have highlighted. Furthermore, Volume profile shows that the nest level of support is at the 50k price range. It will be extremely hard for bears to break below 47k but it is not impossible. Let's...
#Audio coin is simply on fire today. The coin is getting much deserved attention after Katy Perry, NAS, and Jason Derulo invested big in this Metaverse gem. A decentralized music play that allows music artists to publish and monetize their music content. This is going to compete heavily with Spotify in the very near future. Once we break $5 it's price...
First of all I'd like to say that if you are relying on news events and tweets from celebrities to forecast the behavior of any market, you aren't doing things right. As you can see from my March 23rd post Bitcoin was already showing signs of weakness that I obviously picked up on. I don't listen very much to the loud mouths on Twitter that keep yelling BULL...
We are in very dangerous waters right now. As I have been warning all day, a major #BTC correction is underway. While most believe that we will only see a correction to 45k, that very fact can create the kind of overleveraged exposure that bears thrive on. 45k seems like a very crowded trade. Typically, a parabola once broken can result in a correction of up...
Update from the previous Idea. MACD has reset on the 4 hour and histogram has finally started to flip green. We are right on track to complete this impulse move to $0.75
XLM is about to close a third day above the triangle break point and is likely to close above $0.40 on the 4 hour candle and the Daily Candle. This is a very bullish sign. Zooming out here to the daily candle one sees that XLM bounced off of the .618 fib retracement level. Noting that, I believe that a one to one extension would not be out of the question here....
This is going to fly and very soon! My target is the 1.618 extension level
I believe that LATAM Airlines is a great buy here. It has been showing some upward momentum lately and is poised to make gains as the entire Airline industry recovers. If you want to buy value this is it! My first target is roughly $8.00
For the past 3 years every time this Bullish divergence has shown up in the LTC/BTC pair Litecoin makes massive gains against Bitcoin....Can we escape this Wedge like extended bull flag this time? Who knows...but my hunch is we will at least test it and soon....Making my LTC price target roughly $280.