Price action from Summer 2021 to present has been accurately following along this Wyckoff Accumulation scheme. Let's see if it will hold true for the last couple legs here.
R/R: 7 Sentiment is currently extremely bearish. Very unpopular time to enter a long... Tight stop.
Comparison of Doge's PA in the 2 years leading up to the mega-run in early 2021 to recent PA over last several months. Obviously timespan is consolidated, but the same general price patterns have been pretty similar thus far. Question is, will it start deviating now, or will we see a big run-up in price here in the near future? All credit to @PierreFX for the...
Previous $DJI post had fractals scaled improperly. I fixed those and added trendlines to further compare %'s below a mid-term line of approximate mean. again, not a prediction, just a fractal pattern I noticed.
simple trade. stops below parallel channel, potential breakout if above.
Semi-predictive fractal from 2013/2014 aligns nicely with HTF supporting trend-line. Seems rational as well considering time of approaching sell-off occurring around Christmas, an time historically we've seen sell-offs .
R/R: 89 Guessing price will come down to one of the trendlines below the stop loss, but we'll see
Not a prediction... just a chart. Similar fractal from GD
~4x until ATH. Current Market Cap: 19MM From Vidy's website: "Vidy’s proprietary web and blockchain technology is used by over 70 global media companies and rests on top of over 10bn page views of inventory each month".
HTF Fractal taken from previous price increase, when stretched so that the beginning of the run fits the beginning this current run, seems to be somewhat predictive so far. Is this a crazy price target? Yes. May it be warranted? Possibly... MANA is now a direct competitor to 'META' (formerly, 'Facebook'). Meta's current market cap is ~880 billion. MANA's is...
Green, Orange, & Black lines all converge at ~410k in May of 2022...
Seems like we're finally breaking out of this pennant forming over the last 5 or so months. Not gunna pretend I know where this'll end up, but I like the looks of it
"we like games + dogs + games with dogs" -the markets doggie-dog world
R/R: 37.6 Not confident ICP will return to ATH anytime soon but this looks like a solid place for entry
SUMMARY Simple example of how to use a system to score the validity of trend lines by assigning weighted scores to "Clean Touches" and "Near Touches". DETAILS The exact scoring system or weights you use is up to you, it's only important that you stay consistent in your scoring. One way to do this is to write up some clear rules for scoring; here's an example...
~5.6x until ATH Recently broke out of it's down-sloping trend
Splyt (SHOPX): 3.2MM Market Cap Shopify integration Test HTF Trendline now TradingView doesn't feature price data from Gate.io, but that's the source of the pink line, it starts at the peak price as seen on Gate medium.com
Moderately predictive fractal of recent PA from 2019-2020. The crash in the fractal was caused by C19, fractal suggests we may be due for another soon. SEC regulation? El Salvador? Tesla/Musk? China?