Updating my analysis one more time based on price action and my updated view on alts and BTC. What's hard for me to assess is how high $NU goes. There's essentially two scenarios that I'm weighing right now. For either outcome to take place, $NU needs to get above the $.65 green line for price action to turn bullish. After that, then there are two separate...
Rode the initial leg up last week from $.16-.24. Now after consolidating for the past few days, $ASM looks like it wants to make a run at it's final target of $.29-$.35. As you can see on the chart, a flag has formed inside of a larger flag and we seem to be testing this $.193-.194 region as support. If the support can hold here, and we break through $.22 on the...
I think the next time we touch the blue trend line running through the middle of the chart, it should break. Which would give $algo great upside to the higher green targets w/ a potential of $6 as the final target. The key level to break on the upside is $2.56 (ATH) which would provide a path for continuation upwards. However, the question is, what is the path to...
$TRU looks like it's about to break out. Once it breaks $.66, it should find a little resistance at the $.79 level before finding it's way up to $1.20-1.25 region. I'd expect to see a pullback there before finding it's way higher over the course of the next few months to a final target of just under $3 Not one to get into fundamentals as I base all of my...
$FET looks like it wants it's next leg up. After consolidating for 2 months from it's run to ATHs in early September, it looks to me like it just broke above it's bearish/consolidation level and wants to move higher. A break and close above the 50% retracement level at $.88 would be the signal that the next leg up is likely. From there, if it can break through...
In the immediate short term, I could see a retrace to $.50-.51 to retest the top of the structure, from there, I think we're headed for the 50% retrace at $.85. If we breakout above that level, it would send $NKN to it's previous ATH. And if we can get over that, then we should be in price discovery with resistance on the up at the targets on the chart. My...
As you can see from the chart, $MIR just broke out of a falling wedge and retested the top of it as support. This leads me to believe the correction is over in the short term. From here, there's a heavy amount of resistance in the high $3 range, however, I think that we can break through those levels on an impulse upwards. I'm looking for price to revisit the...
I see two patterns. $CLV looks like it wants to break out of the first pattern, a triangle, and has an upside target of $1.86. Then if it can break out of the second wedge pattern above $1.86, the next stop would be $3.56+. Let's see how it plays out over the coming days/weeks. Entry at $1.37.
After months of consolidation, Curve Dao looks primed for a pump. Once it gets over $2.86 and tests it as support, I think price will move quickly to $8.28, and potentially all the way up to $11.80. I added key short term dates and longer term dates to watch for changes in price action. Let's see how this plays out over the coming weeks.
Entry at $5.27. Target $20. Stop @ $4.15. Almost 4x upside. Let's see how it plays out over the coming days/weeks.
$FNMA looks to have just found support at the bottom of a wedge after correcting from a long term downtrend. Should price get above $3.52, it looks like the next target could be $17.58. R/R is great from these levels with 17x+ upside for 20% of risk. Stop at $.69 and move up as price rises from here.
While many people are calling for BTC to go to $100k by Q4, I see a different view when I look at the chart. BTC looks to be in a bearish channel heading for lower lows. While I'm bullish in the short term with upside to $50k-52.8k (the restest of the prior high), I think a rejection there would setup a massive move down to $23k bottoming sometime in...
If we break and close above the ATH, then I think we're likely to see $165k as the next target to the upside. If we break and close below that bull/bear line on the chart, then it leads me to believe that $10k will be in play. Either direction we go, be ready to play it. You could set stops below $34k or buy upon a break (and close) of $65k. I don't think we'll...
While I do think we're due for a bounce here. I think the highest that we're likely to go is ~$47k before we see a reversal lower. If we do manage to get above that level, then we'd have to break $52k and close above it for price to change bullish. If we don't close above that range, then I think this scenario is likely where we'll see BTC at $9-14k in March of...
After an impressive run, $SOL looks like it has put in a near term top and wants to head back to the $20-30 range over the coming months. A break of $97 (the .5 fib) makes this scenario more probable. Key dates for price movement on the chart. Let's see how it plays out.
After a 100%+ run during a pandemic, I think we're finally nearing a top in the stock market... How low will we go is the real question? I've marked some important levels and dates to watch on the way down. Let's see how far we drop.
I'm updating my last analysis from a more bullish view to a less bullish view on $NU, changing the original target of $3 in September to a more conservative target of $1.04. The reason is because the market overall looks to be in a corrective structure rather than an impulsive one. So I think the more likely scenario is that we form a double top (or bearish bat...
Looks like we've bottomed on $BCHG with a strong move down on high volume. Looking for 5x - 6x upside from here. My entry was at $5.38 and looking for $31.44 as the target of the move. Let's see how it plays out over the coming months. My guess is we hit the target before October.