Sitting on a major support/resistance line at $41,800 while making a bullish rising triangle. Target seems to be around $140,000
Nothing more to say... not trading advice just island shopping advice.
Weekly chart shows us likely moving in a rising logarithmic price channel while attempting a break out of a bullish weekly RSI wedge. Initial breakout in 2020 was 6000%+- and from where we stand now it can potentially be 4500-5500% depending on the time needed to reach the top of the ascending channel. Band itself is currently the second largest and most...
Band is a very undervalued coin in my opinion. It is an Oracle like chainlink and is their main competitor while its market cap is currently 41x smaller then that of chainlink. It is also accumulating in a very similar way that chainlink did when chainlink was back in the pennys and once again when chainlink was in the low $1-$4 range. Currently Band has been...
We are dropping to $37,000 with confluence of the 0.618 fib speed fan and rising lower trendline intersecting directly under our inverse parabolic drop. This will also put in a higher low which will be the last chance for this bull season to remain intact so expect heavy buy pressure at this region when we get there
Idea is for this to run to the 0.618 and get rejected at that fib level and for it to then form the handle of the pattern using the rising resistance line to flip as support. Upward thrust from cup and handle would put us a little above the 1.00 fib in which case we will quickly come back down to test the 1.00 for support and then if support holds make a...
Mirrored Fractal slightly shrunkated to fit shows us hitting the 0.236 fib retracement this weekend/monday/tuesday and then retracing back to $32,000 to create the top of our right shoulder on the inverted head and shoulders. We then rocket to 0.50 retracement around $47,000 range and then bounce around the descending and ascending trend lines and start plotting...
No wyckoff accumulation model, they got caught by retail on their wyckoff distribution and they have instead gone with a mirrored fractal of our previous top and drop to coordinate their accumulation zone.
No wyckoff accumulation model, they got caught by retail on their wyckoff distribution and they have instead gone with a mirrored fractal of our previous top and drop to coordinate their accumulation zone.
Chart is self explanatory. Using 2016-present price channel and our prior ATH as the beginning of the ascending support line that we have now successfully tested as support on 2 drops to the line. I think we will see a rapid price increase once this weekly candle closes and we go to retest the middle of the channel to enter the upper half which will be...
Taking a look at SKL, competitor to MATIC at a market cap aproximately 36X smaller then MATIC SKL token holders have grown 50x in the last 4 weeks (many i am sure from coinbases promotion) This is probably one of the most bullish predictions I have made. 9-16x (depending on time it takes us to reach this ascending resistance) This would be following in Matics...
Take the red pill and see how far this rabbit hole goes Looks like a run to around $18, pull back to $13 and then launch to $40-45 wick all before April ends
Next leg to bring it to the 2.618 fib extension which lines up at its ATH and then price discovery after that. May end up seeing $12+ once it makes it to price discovery. Lots of potential upside still here
The 3 little head and shoulders went out to build their homes. The First little head and shoulders was exuberant and built his house on the top of the hill until one night a big bad bear caught him by surprise and tossed him down the hill The Second little head and shoulders was more introverted and cautiously built his house on the bedrock in the valley hidden...
Second head and shoulders being created, this is going to drop to $38,000 which is its measured move from the size of its head. This moves brings it directly on the major $38,000 resistance line and hopefully will give us our first chance at a rally
Simple idea, Moving down to 38,000 within the channel till we meet the ascending bottom trendline. First recovery attempt and stall at $53,000-$52,000 and into consolidation until full recovery back to ATH by mid April