The Fibonacci Speed Fan is a technical analysis tool that combines Fibonacci retracement levels with trend lines to identify potential support, resistance, and trend reversal points in an asset's price action. This tool has proven to be particularly useful in detecting trend reversals, especially in the case of the XRP token. XRP has demonstrated a history of...
This could explode and do a 100x from here. Hidden gem, competitor to MoonPay which has a 3.4bn market cap, this company only has a 27m market cap. And the down-trend just broke. Nice breakout candle. Don't sleep on this TSX future giant. 1. Strategic Position in the Crypto Ecosystem Banxa acts as a crucial bridge between fiat and crypto by offering...
Canaan Inc. (CAN) has had several bullish developments recently. The company continues to focus on expanding its bitcoin mining operations and strengthening its balance sheet through strategic financing and share purchases. Some key highlights include: Operational Growth: Canaan's bitcoin mining capacity increased significantly, with a 58% boost in computing...
Why am I bullish IREN? AI Cloud Services Growth: Iris Energy's AI Cloud Services division is expected to generate $32 million in annualized profits. This is a new strategic move that leverages their existing infrastructure to diversify revenue streams beyond Bitcoin mining Increased Bitcoin Mining Output: For September 2024, Iris Energy mined 347 Bitcoin, with...
Soluna Holdings (NASDAQ: SLNH) focuses on green data centers that convert surplus renewable energy into computing resources for applications like Bitcoin mining and AI. Recent updates include the expansion of several major projects. Project Rosa secured a partnership for 187 MW of renewable energy, while Project Dorothy continues with infrastructure development....
Simple Elliot Wave count here.. ABC correction into a gap + 0.382 fib forming a valid bull flag.. If this plays out, then SPX could see 5000 next year.. Only concern is NDX looks toppy ... that could drag the whole market down
Alright, let me break it down for you: ETH is heading straight to $12,622 – no ifs, ands, or buts. Why? Because the charts are screaming it. Fibonacci Extensions: The 0.618-0.65 levels are textbook targets for major price moves, and guess where they’re pointing? You guessed it: $12,622. This isn’t guesswork, it’s mathematics. Measured Moves: Look at the last...
Perfect Bullish Gartley Harmonic formed on RIOT. The target for this trade is 29$ I'm hopeful the stock goes much higher, but for now, this technical set up caps out at 29$
MOG is showing a textbook Livermore Speculative Pattern right now, and it's looking super bullish. For those who aren't familiar, this pattern is known for leading to explosive moves, and all the signs are pointing towards another big leg up. We've already seen the initial accumulation and breakout, and now we're in the reaction phase—exactly what you want to see...
Of personal belief that ETHBTC has finally bottomed out and will outperform BTC for a while moving forward. ETH proxies like ETH based memes will benefit even more. Bullish Divergence on Weekly and 2Week Chart Golden Pocket Support. Sentiment in the toilet.. Time to reverse trend :)
Don't let the "fundamentals" mess with your head.. NDX has another 36% climb ahead of it, before it's next serious correction... I called the bottom of this correction quite accurately (In fact, I called it but 4 days in advance to my predicted date it bottomed... This is a text book bull flag with a measured move to the 161.8 Perfect technical...
Previous chart got messed up on TV, so reposting with more detailed information.. This daily BTCUSDT chart illustrates a classic Wyckoff Accumulation Schematic, showcasing various phases and key levels critical to understanding the potential market movements. Phases and Key Levels: Preliminary Supply (PSY): This is the initial point where substantial...
Looking very similar with one small difference (the Phase B Upthrust didn't make a new high)... Aside from that, this pattern is playing out 1:1 If it continues, price should drift upwards leading to a breakout.. likely in September.
One of the strongest communities out there, a truly unique meme, $MOG will fly this cycle.. a minimum of 20x from here loading.. It could run harder and higher then that, but for now, this is the major target I have my eyes set on. 🫵😹
🚀 MOG Coin Technical Analysis: USDT Pair 🚀 Hey MOGgers, let's dive into the latest TA for MOG coin paired with USDT. The chart's setup is looking bullish, and we could be on the verge of another big move. Here's the breakdown. 📈 Price Action and Patterns: The chart shows a classic bull flag formation, a continuation pattern indicating the potential for further...
Polygon (MATIC) is looking really promising right now, thanks to some major upgrades and smart moves. They’ve just rolled out Polygon 2.0, which is a huge deal. This upgrade introduces a new token called POL that’s designed to handle a lot more transactions and different roles within the network, making it super versatile. What’s cool about Polygon 2.0 is that...
Bullish Divergence + Golden Pocket Tapped.. Think ARB is a good buy here.
S&P500 has a history of 50% retracements in uptrends.. We had 3 quarters of positive price action.. a 50% retrace isn't out of the ordinary for the indexes and based off this data, a further drop in the index of 2-3% seems inevitable.