KnotShore

KnotShore

Still trying to wrap my hands around this pattern but looks bullish to me. DYOR NFA

KnotShore

Rejected off the previous H&S neckline, bouncing off previously strong resistance flipping it to support confirming the move towards new ATHs! HODL

KnotShore

Bullish descending broadening wedge on the hourly. Still printing higher highs and holding the higher low in this up trend. Target $48834.

KnotShore

Massive 5x bull flag pole, then 11 day flag, massive 11x flag pole, then 11 day flag. Another massive 11x flag pole could follow. Be sure to take profits on the way up though given the massive target.

KnotShore

Descending Broadening Wedge reversal pattern - target $60,100

KnotShore

I'm waiting to see what it does in the next week. If the long term channel trend continues, it will likely see a big correction coming soon. RSI is overbought, at the top of the channel with a big downward swing looking quite likely. But BTC is near ATH, alts are now booming and could also see a break out the channel to the upside. If this happens it could enter...

KnotShore

Parabolic move plus overbought RSI and some other things lead me to think there will be a pull back to 0.0125 at some point in the coming days, possibly even to the trend line or as low as 0.0089. Then continue upwards trend. Very bullish project long term also FA wise. Note: target arrow sizing saved a bit wonky, but range is 0.0089-0.0138

KnotShore

Despite the huge pull back after the massive parabolic uptrend, still no death cross. So still in a long term bull trend. RSI bottomed out which was a great entry window. Now broken through the short term pull back confirming its back on the upswing.

KnotShore

In a longterm bullish channel since March. RSI is overbought, very toppy so I expect to see a dip in the next week or two in the $10.30 - $9 range. Then I expect it to continue upward staying in the channel for quite a while. However keep in mind the CCC Corona Clown Card, where all bets are off. If you look at the price rays I put in, I expect it will likely land...

KnotShore

After parabolic rise I see it correcting back down as low as around 1000 sats then a strong rebound up leading to new highs.

KnotShore

looks bullish to me right about now

KnotShore

Nice pullback from the parabolic flagpole. Lower highs, lower lows, looks like a falling wedge which is bullish. But I also see a strong bull flag formation which is also you guessed it, bullish. Macd still in downtrend on the hourly so I think it will stay within the flag zone for a bit, could drop a bit lower to around 3.28 then beakout to the upside.

KnotShore

I think it will drop a bit more but no lower than $1.34 support, then start climbing again within the channel back over $2 within about two weeks. Probably a pretty good entry point about now. Great project, excellent long term hold.