BreakingGood

BreakingGood

See the clear inverse head and shoulders on the cusp of a break to the upside. The same head and shoulders exists on the 2hr, 4hr. The RSI is coiling up and compression leads to expansion. Bullish divergence on the longer time frame charts. The orderbook is weighted by buyers and visible sell levels around 0.56. Still waiting for the buy and go to the beach...

BreakingGood

A measure move on 1inch if the head and shoulders plays out is 200 percent. Momentum oscillators and moving averages are positioned Bullish for the move. A clear H&S on the four hour is currently forming to extend the move upward. Orderbook buying pressure at the last resistance where I entered. It's best to wait for confirmation of the 20 EMA crossing the 55...

BreakingGood

HBAR has formed a Descending Broadening Wedge on all timeframes. The depicted is the daily showing price movement between two descending trendlines with volume confirmation at the top and bottom of the wedge as price nears the trendlines. The RSI on the daily is lower as the price is near the same where we entered the pattern suggesting hidden Bullish...

BreakingGood

If we get this 2 hour candle close and the 20 EMA remains over the 55 EMA, strap in! Coins Kid calls that the "Buy and go to the beach" BAGTTB signal. That means buy and chill, the only way is up. Wait for the candle to close or use a stop. I think short are getting wrecked on this play and this will cause a huge squeeze. We will see at least. Do your own...

BreakingGood

There appears to be an inverse Head and Shoulders pattern forming on the 2hr. ASMUSD chart. The pattern is supported by volume trends and a series of higher lows and higher highs. The aforementioned price target is above the 200 MA on the same timeframe. If it breaks the 200 and hold as support, it may be the beginning of a larger cup and handle referenced...

BreakingGood

Higher low with higher RSI. Money Flow coiling up on the 8 hour chart. Potential breakout, but may still be some shorts.

BreakingGood

While looking around, I found this. It appears to be a cup and handle on the daily or weekly logarithmic chart with a price target of around $1.00 if it were to play out. The current price is around 0.04. Newly increasing volume on recent time frames since alts started moving. My monitor does not give it justice. Full disclosure, I bought a little while I wait...

BreakingGood

MATIC POLYGON we failed to put in a higher RSI on the 6 hour chart. Money flow appears to be trending downward, and we may have double topped. I could see a retest of the bottom trendline of the larger equal triangle form on the weekly chart. With the break above the upper trendline on the weekly chart, I'd expect a coiling up leading to expansion that I don't...

BreakingGood

MATIC Polygon has broken out of the upper trendline of an equal triangle it has been in on the weekly logarithmic scale. The RSI has been relatively flat making the price higher and RSI lower in the recent trend. Money Flow is on the rise. Clearly a Bullish trend if we can back test and hold support of the upper trend line. I'm cautious! I opine the current...

BreakingGood

This is my first attempt at using Elliot Wave Theory to make a price prediction. This one on MATIC. This is the daily chart. Let's see how it plays out. MATIC just made a big jump to the upside. Please feel free to offer advice or commentary as I'm just starting to publish ideas. I often get things right, but struggle to trust my own analysis. I am holding...

BreakingGood

BONK broke out of the upper trendline of a descending triangle, came back and tested it for support, bounced off and heading upward in this fourth 15 day cycle.

BreakingGood

I opine price action has broken out of the descending triangle upper trend line, back tested support and holding. The depicted daily chart shows the trendlines and measured move target price. The breakout and successful retest is congruent with the 15 day cycle, bottom to top that is playing out for the 4th time as of this writing. Check it out and feel free to...

BreakingGood

A look at the daily BONK chart using Coinbase data, indicates 15 days before an uptrend following a red candle close of the previous day. I believe the Descending Triangle is still very much in play. Fibonacci level on the daily chart has retraced to the .618 after reaching the 1.0 May be putting in a double bottom on the hourly chart with MFI at 52.33 55...

BreakingGood

We are one tick higher on the 7HR (current daily hour) than January 8th. Moving Averages and oscillators positioned for a possible move to the upside, completing an inverse H&S taking the price above the long sloping descending triangle. DYOR NFA

BreakingGood

BONK BONKUSD when viewed on the 3 hour chart which is two hours after open, we see a possible 50 MA cross of the 200 MA. Oscillators and technicals support this move IMO along with volume spikes at key levels. May have to be a short squeeze to make it happen. DYOR NFA

BreakingGood

Bullish Divergence beginning on the 1hr chart that is part of a larger Descending Widening Wedge Pattern. Volume spikes at the upper and lower trend lines as buyers try to reverse the trend and sellers becoming exhausted. A measured move above the upper trendline targets the 2.618 Fib and brings the price to ~ 00001190, a long-term support and resistance. If...

BreakingGood

A measured move to the upside is confluent with previous support and resistance. Like the pattern describes, volume has increased with touches at the top and bottom trend lines.