Both the RSI and MACD have both signaled close to bottoms on the daily. We will have an upward movement in the short term. The monthly and weekly charts are both still bullish though the weekly is signaling overbought.
Tilray appears to have stopped bleeding and hit the bottom. Talks on capital hill may be enough to start a rally. RSI appears to be heading bullish. Resistance at the 2.50-2.60 range
I am not going to do some up down bullshit prediction as I’m not interested in short term trading for BTC. Simply holding until the Pi cycle top should earn traders plenty. Those interested in calls or puts should look into BITO or BITI. BITO $30 calls with march expiration look solid.
ASTS has a well defined channel and should drop 30-40% in the next few months. Two target prices set at resistances from past. A good strategy would be to sell half at first target. Watching now and possibly getting September $4 puts
Uranium stocks are all hot right now. The only problem is most have a P/E ratio of 100 or higher! Way overvalued!! DNN has a P/E of 26 and a smaller market cap than competitors, so much more room to grow. From a technical standpoint, ascending triangle formation with RSI safely in the bullish zone.
BITF at the bottom of the channel. Similar Price action last halving, except this time we saw a lot of BTC growth prehalving, so expecting movement to come soon. Long term target around $14, expecting to occur sometime around March 2025
Hello legends. First off, this chart is for long term holders and traders. I have taken the Prediction and Measurement tool from the Bars Pattern and copied the final wave of the 2017 bull run and aligned it to the current trending growth curve. But this is more than a simple chart. I am making an appeal to the crypto gods. The whales, the bags with thousands of...
We can see massive resistance from previous bull run retrace that put up massive resistance at ~71K. That happened to coincide with 2 trend lines above the middle trendline. This was followed by a retrace two trend lines below the middle, followed by a correction to one above the mid trend line and another correction downward to one below the middle trend line....
RSI is around 10... switch to daily chart and you will see triangle forming. Hoping for $1 around January.
SHIB just pumped with Coinbase and Bitfinex listing. RSI is too high to sustain. Might go a bit higher but the risk reward right now is not great. If you check coin carp you'll see whales doing more offloading than onloading.
Kinda bored, figured I'd check out BTC, seems like bull run to December only makes sense considering all other massive corrections occurred in December
BTC will bump up again when it touches the 50 day MA, leading to the 5th and final wave, the parabolic wave. RSI also reaching the low for the bull run. MACD looking like its about to reverse. Final wave should last anywhere from 3-6 months. Don't forget your stop losses. Good luck.
Based on my analysis, some things I've noticed. Bull runs after halving seem to last longer, possibly due to the nature of the log curve. My thought is the bubble will pop around July/August, or we have one more huge run up and it lasts until December. Expecting it to end up around $150k, but it currently looks like it could be anywhere from $80k-$300k.
Seriously who the fuck knows anymore. At this point I'd watch the RSI before trying to pin down a price point. Expecting sideways from here or one more large drop to set up the 2020 YTD chart.
One triangle at a time... The whole market is connected, just like everything else in this universe. Don't get caught up in one or two coins, it's all about the sats. This isn't the stock market, cryptos aren't like stocks in the fact that most cryptos have no intrinsic value, whereas certain stocks can still flourish in a struggling stock market. 15% drop puts...
ETC can be a low risk buy between $4.48-$4.55, stop loss at $4.37 because it may bounce at $4.40 to force out weak hands, take profit at long term resistance or beforehand, not financial advice, solely my opinion
No Bitcoin Bull run has been confirmed yet, we could still go as low as ~$6,500 and as high as ~$11,375 over the course of the next 200 days. We can read the technical signs, but in my mind there is no confirmation until it breaks out of this channel.