dragonfire1024

dragonfire1024

DOGE has touched a resistance level it hasn't touched since December 14-15 when it shot up to nearly 0.23. It only touched this resistance 3 times since then, all within the past 24 hours. the last two of those times were not successful, but it didn't break nearly as far though the barrier as it did today.

dragonfire1024

Update to: Bitcoin price target possibilities: 56-80k+? . This factors in the drop from May - July 2021 when bears pushed Bitcoin to 39k, and managed to get it lower, hence the 3 month long bear market in that period. In August bulls rallied back to 39k, and above, reaching 68-69k in November, before quickly dropping back to 39k for less than 15 minutes. before...

dragonfire1024

This is an update to an idea I published on October 2 with BTC hitting 64k in the coming weeks of that idea: That was well over a month before Bitcoin hit 68-69k in November. Possible price targets for this updated idea range from 56-80k, in the coming weeks, this assuming the 4 hour chart plays out.

dragonfire1024

EMAs 12, 26, 50. as they spread out, in that order, from one another, SHIB has a heck of a breakout. Potential for at least 0.000035+ fairly soon.

dragonfire1024

I'll just leave this right here. Pretty self explanatory trend analysis.

dragonfire1024

Long term trend and pattern analysis suggest Bitcoin bounced off long term resistance, now turned support. The last time it did this, BTC went to an all time high of $65k+/-. If the pattern holds, this was the end of wave 1 of 4. If you don't want to see the pattern, just follow the price line all the way across. Targets: 62k, 68k, 73-75k, 62-64k.

dragonfire1024

Not even joking. Right on the dot.

dragonfire1024

Bouncing off support that was strong enough to hold every time, even after a 50% decline. Retracement of breakout to 65k is complete folks.

dragonfire1024

May 5, 9, 12, 16, almost every 4 days, massive dumps or dips in doge have lead to price 20-40% rallies in the days after on a consistent basis. If you didn't buy this dip, you might be wishing you had.

dragonfire1024

Have been trying to plot a estimate on where Bitcoin may crash to again, in the coming days. Fibs still say a downtrend into the black channel downwards. Could be an epic fakeout, then breakout upwards, thee is still some time for this to change. Top yellow trendline shows the price the green fib last got this low, which was Nov-Dec 2019, $4500. This time the...

dragonfire1024

Zoomed out on the 4 hour, and pulled left a little with support/resistance fibs indicator. Looking back on November-December 2019, was the last time the lower (green fib) dipped as low as it has the last 24 hours. However BTC broke out and went up, which hurtled it to 10k+ instead of taking the green fib down. This same green fib shows another dip, which as of...

dragonfire1024

Support/resistance fibs indicator, zoomed in on the 4 hour chart. The fibs told me the crash was coming, and I refused to see/believe it (upper circle). I should have known better. They even showed the the small rest we had before the second crash happened. Now that it's stopped crashing, for now, do the fibs suggest another crash on Monday? The direction is down...

dragonfire1024

200 EMA lining up perfectly with 9200. My idea a day and a half ago called it pretty good. Passing 9200 at the 200 EMA would be a good push to 10K nearly

dragonfire1024 Updated 

9200 is proving to be a very significant number the last few days. Upper trendline shows at 9200 was one of the most significant points of the downtrend last week. drawing it straight over to 9200 along with the current trend on the 4-Hour chart, line up perfectly. Interesting to note along the upper trendline suggest that the 100 and 200 EMA will meet up with it...

dragonfire1024

Negative price action, if you want to call it that anymore, continues. BTC has rejected at the 100 EMA three times before it fell below the 50 and then the 20. As of this posting major support sits at about 8600. If it breaks that level prices could plummet into the mid 7000s.

dragonfire1024

Litecoin, as always a leading indicator a majority of the time, signaled a reversal to the negative price action affecting all Crypto currencies, with almost a triple bottom. The chart at 1 minute intevals, on the daily is a lot more impressive, but due to low resolution, TV will not allow me to post it. Amazing pattern is building.

dragonfire1024

Bears have a magical price, depending on who you talk to: $8500-8800. The above chart shows pretty clearly how that price isn't on track to happen again anytime soon. The green arrow points to the ping at 6400. The red arrows represent the last 3 times bears tried to get a good break and failed. This is assuming their each attempt is an attempt at 8500-8800. Each...

dragonfire1024

S/R lines (yellow) following the green candles on the uptrend. Blue arrows indicate previous months closes all ended with bottom wicks. Support in previous months had mostly stayed out of the way. Lazy bulls or waiting for bears to literally go broke? Trend still indicates a run to at least $11-12k.