About to pass the 200 day MA as resistance and redefine support. Likely long term seeking upper initial fib retracement. Prepare for the slaughter.
Retracement matchup and projections off previous gains indicate either it will top at ATH again or rush to around 40. I encourage you to check other ideas on SNX as there are some good ones right now. I am very excited about SNX and the tech but its been a little slow since reaching ATH for my taste and I can't wait to see it realized more because I am sure it...
We'll be hitting the 1.272 instead of the 2.618 because of F2Pool...so expect 2250. All my homies hate F2Pool. Buy the dip not the tip.
I have this weird feeling I know what the XRP whales are doing... We know that miners used leverage to force a long squeeze on Eth and Btc, could the outrageous price action XRP has seen lately be the result of massive leveraged market manipulation in the effort to convince the long-time XRP bulls who have been swept away by the drug, or I mean coin, ever since...
Isn't it interesting how a BTC dip hurts alts more then it hurts BTC? Could this be the killer?
ASI still shows potential to pull back but if we see a similar fate to last time we will bottom out around 40 and then pull back up to 70+
Looking sketch! Not financial advice.
Just quick plot of zones to be aware of and fib extensions. Blues are hopeful supports, trend lines show ranges of likely to less likely projections. As always DYOR and you are responsible for all trades.
just you wait its going up dont worry not financial advice merely educational
Just you wait. This baby is just waiting to rip!
This should be a sign for anyone fearful about the future of BNB! Looks like its stealing energy from Ethereums Defi market because the gas fees are so ridiculous that it prices 99% of the first world out of it! Who would have guessed? Maybe Eth 2.0 will have something to say about it though!! These two will live together under one roof, roommates, they'll chill...
Its pretty clearly bullish at this point as it is bouncing off multiple supports including a long term from April 2019 and has numerous bullish divergences occurring. Keep in mind that this cycle is unique as so many people are flocking to BTC right now. They are just learning about alt coins and are largely unsure where to throw their money in that field because...
Should give you an idea of what to look for. As always all investments at your own risk.
Trend lines plotted and its on the upper side. The second top line is acting resistance right now but I don't think it will last long.
Looks like its going to complete the triangle today and breakout will either be late tonight or early morning tomorrow.
Here are the current channel lines. I will try to update.
It is a descending triangle but I believe it doesn't mean bear in this case. Its barely descending and this beast has mojo imo. Wait for confirmation. Trade at your own risk.