I see price reaching ~$70.00 by Oct/Nov, def before 2021. ~$70.00 would be the local top for this parabolic move then a long drawn out distribution/accumulation phase (correction to ~ $20) Once distribution/accumulation completes, we prep for $200+, the next parabolic top imo.
I see a move like this for REN. ~$2.00 for next parabolic top before next macro distribution/accumulation phase.
Drop to ~24k sats (mid BB line), bounce then prep for Base 3.
Experimenting with no wicks. Still learning and here are my thoughts. Short term bearish: 1. Rising wedge developing 2. Bearish divergence vs. RSI 3. Potential bearish divergence in the making vs. STOCH Overall very bullish based on high time frames: 1. Price above the kumo on 1D/2D 2. Lagging span currently above the kumo and price on 1D/2D 3. Bullish TK cross...
Still learning. Just my thoughts. 1. RSI hugging 50 line. 2. STOCH: bottoming out and bull divergence in the making (orange line) 3. STOCH RSI: bottoming out Expecting a drop to around 9.7k - 10K area and bounce eventually leading to new ATHs.
Inverse head and shoulders maybe in the works with right shoulder soon to complete??