Here is a break from your regular scheduled crypto program to look at a chart that is fascinating to me- the DJ:DJI chart.
This is a weekly chart (longer time frame than I usually use in crypto), but boy has it been technical so far. It is zoomed in so you can see it, but take my word- textbook Elliott Wave pattern. Starting at our pivot low in 2009, we had a...
If I was a betting man, I would bet that VENBTC is set for a turnaround. It has several things going in its (future) favor right now- it is showing uncharacteristically low RSI on the daily chart, it has performed much worse the last 2 weeks than most other top 50 cryptoassets, and it has just hit the fib retracement algo target from swing low to swing high. All...
Historically I haven't been the biggest fan of $TRXBTC Tron, so take that into consideration. I think there will be a sell-off here in the very short term for Justin Sun's little hobby. However, I do think it will rebound pretty hard. I am expecting a full retrace back to the 721 satoshi mark- if you put a buy order in there it may be the easiest 10% you will make...
Well, I've decided to get a little bold here. I normally don't make exact date-like predictions, but I am going to because I feel that confident in it (and the bounce we got this morning off that long term trend support confirms it). I had this chart yesterday in my YouTube video (which you can find here: youtu.be), and we bounced to the hour on that green line I...
IOTABTC is in a rising wedge, and is butting up against historical resistance. If it can break through, expect a swift move through the fib levels.
-DY
