Rejected from top of descending channel with double top figure. Closing under the 1-day 50MA and Supertrend. Opening Boiler Bands with a down move toching it. 1s Targer 3500 - 50% fibonaci level and bottom of last move. 2nd Target (Main Target) 3200 - 61.8% fibonaci level. 3rd Target (REKT) 2760 - 78.6% fibonaci level.
MACD bullish cross happened. Also bullish divergence and first green MACD candle after 23 days. RSI broke main resictance line, which is also very bullish. Now target is overbought RSI. Also big announcement about the beggining of th land sale is comming. Long 0.071$ > Target 1 0.091 > Target 2 0.14$ > Target 3 0.25$
We see AB=CD pattern at daily chart with Decreasing volume . We find support at 0.618 fibonacci level to find C. The bearish AB = CD is a Fibonacci based pattern, meaning Fibonacci ratios determine the turning points. Formula: D = (B – C)/ Ratio + C=(0.178-0.058)/0.618+0.058=0.25217$ How often does price reach or exceed D? 95% of the time.One of the best...
Daily RSI broke the trend line, now we wait for Price to break the trendline. Signal: Long from 45200$ Target: 52000$
We see AB=CD pattern at weekly chart with Decreasing volume. We find support at 0.618 fibonacci level to find C. The bearish AB = CD is a Fibonacci based pattern, meaning Fibonacci ratios determine the turning points. Formula: D = (B – C)/ Ratio + C=(64895-28600)/0.618+28600=87300$ How often does price reach or exceed D? 95% of the time.One of the best performing...
On a macro level something very important is happening this week or next weeek: weekly MACD cross. Last bullish weekly MACD cross was on the week 12-19th November 2020. Price climbed from 11500 to 42000 in less than 2 months. 365% climb Last bearish weekly MACD cross was on th week 19 - 26th April 2021. Price droped from 56700 to 30000 in 1 month. 47% drop Next...
Triple Bottom daily pattern in Weekly bullish with Descending volume. Also closing daily above 100 MA Bullish signal. Measure rule. The measure rule predicts the minimum price move. To use it, subtract the lowest low from the highest high reached in the formation and then add the difference to the highest high. The result is the expected minimum price move. Wait...