Altcoins have not been preforming well over the last few months. They have been consolidating in a downward wedge. It is time for altcoins to takeoff to new all time highs. If altcoins breakout of this wedge than we can see a big move to the upside over the next 8-12 months.
Litecoin has been in this channel since last May. We hit the bottom of the channel and saw a rally up. We can expect Litecoin to rally to the top of the channel and see what happens there weather its a rejection or breakout.
This could be the path Bitcoin takes to the next Halving scheduled for April 2024. Bullish
We either explode to the upside this week or we see a massive downtrend start to form. There is a shooting star on the daily chart which signals a bearish trend incoming. We shall see.
The current bitcoin action has broken out of a 2 month downtrend and has retested the the trend line. This is a bullish occurrence and we can look for a long position here.
The S&P 500 is heading towards a major resistance around the 4310 level. This is the last major resistance that needs to be taken in order to go up. With the current state of the economy the rejection of this level is the most likely scenario. The rise in interest rates see no end this summer. And historically there tends to be a market crash after they stop...
Rising wedge for apple 6h chart. Have to see how the momentum looks tomorrow. We can easily break below but there is lots of upward pressure currently
Bitcoin did bounce of the .618 Fib level and a support level. Looking for a breakout up.
Depending on the world financial credit situation SOFI looks like a good choice. If the government raises the debt celling and the fed cuts rates and begins easing after a small panic, the situation should be fine by Q2/Q3 2024
BTC losing strength on the RSI. Heading to 25.2k if strength continues. will update if trend changes.
Both Chainlink and Fantom are in a similar accumulation channel for more than a year now. When we break above this will be very bullish.
Draftkings is on the move, could see a double in price by 2024.
Looking for a short in NASDAQ:DUOL for Chatgpt covering aspects of the app completely free and in some cases easier to use.
Gold cross taking place on the 2 day chart. Almost exactly 3 years after the last gold cross happened back in May 2020. Gold cross = 50 day moving average crosses above 200 day moving average. Long term bullish scenario.
18hr time frame looks like we can be heading to 24k if the neckline breaks
Dip came much faster and quicker than most expected. but it was well needed to finally break through the ATH which will happen. Keeping things simple, ETH still has room to move downward, Ill look for the 1500 level for bottom... there is lots of fear in the markets. but one things is not dropping, the crypto holdings of investment institutions. This dip seemed...
The dip is fud it was caused by a collaborated attack by the big institutions who have decided 20-30k range is the bottom and that’s the level where they will fill their bags knowing if they control a big enough share of the market, they can lock up their assets and watch the prices rise, they don’t sell they won’t sell and they will never sell. This is it the...
Parallel channel - watching bounce from bottom of channel to top of channel 2 green dots - 161.8% fib level