Is there an Ascending Triangle hiding among the bearish patterns being displayed... Or is momentum fading....
The rising wedge is a chart pattern used to identify possible reversals. The pattern appears as an upward-sloping price channel featuring two converging trend lines. It's usually accompanied by falling trading volume. Wedges can either form in the rising or falling direction. A rising wedge is often considered a bearish chart pattern, meaning it indicates a...
It appears as though the RSI is cooling off and SWFT may consolidate in the .035c-0.030c range before the next leg up.... One thing I have noticed is the price does not consolidate for too long which indicated a whale or two are gobbling up any SWFT they can get their hands on... Expect a gap up to the top of the ascending channel in the immediate term. Where...
SWFT appears to be showing bullish strength over these recent months.. Sell offs get gobbled up.... The williams alligator is trending upward which is inherently bullish. SWFT is consolidating into a bullish flag or bear flag. The downward sloping resistance has been tested over half a dozen times, the base of the pattern coincides with the previous high......
Zcash appears to be consolidating into a bearish flag or a bull flag after breaking to the upside of an ascending triangle. The horizontal resistance of the macro ascending triangle has turned into the baseline support of a micro bear flag or bull flag. The RSI is very low on a 1 year chart. Zcash has made over half a dozen higher lows until recently we have...
Dec 8 Private Post- With privacy continuing to erode globally at an alarming rate we will continue to see an influx of capital allocated to assets like Zcash, Roger Ver & other OG Crypto investors will Ape into privacy coins due to an alarming enforcement. Zcash is showing multiple bullish indicators. The Williams alligator is trending upwards in a bullish...
As Bitcoin continues goes mainstream, from Bitcoin ETFs, to El Salvador, the first nation to adopt Bitcoin as legal tender, steadily adding to its Bitcoin reserves every day since March 16 2024.... The question remains, what are some of the best Proxies to Bitcoin... This chart shows a few stocks trading as proxies to Bitcoin.
Hive appears to be trading in multiple bullish patterns. Noticeably the stock is creating higher lows and higher highs forming a bullish pennant & a crude bull flag pattern. Hive has bounced off the upward sloping support of the pattern 4-5 times, displaying strong support for the bulls. Considering Hive is correlated to the price of Bitcoin & Ethereum we...
It appears as though Bitcoin is trading in a descending channel, with a potential breakout happen in the near term. BTC has tested the downward sloping resistance of a descending channel pattern multiple times, each time BTC is creating a lower high & a lower low, which is inherently bearish. The williams alligator is also displaying a bullish cross & the bands...
Bullish cross on the KST. Bullish cross on the Williams Alligator. Bitcoin is showing several bullish indicators suggesting a move higher in the near term...
It appears as though BTC has broken the downward sloping resistance of a bull flag. Highlighted in Green you can notice an inverted H&S pattern coming to completion. Also, there is the potential of a break downward from a bearish flag.
RSI looking healthy. 80k incoming as BTC approaches the dmi and bounces off of the upward sloping support of the pattern.
Multiple bullish crosses on the KST indicate bullish momentum. An ascending triangle appears to be playing out, $420.00 price target by 2025. Inverted H&S pattern is noticeable as well.
It appears as though BYON is trading in an ascending triangle. On the KST there has been a bullish cross. The stock is finding support at the DMI, and has broken above the 200 DMA for the second time in two years since the downtrend from ATHs.
TNY appears to be trading in a bullish flag and bouncing off of the DMA which is inherently bullish. Lots of speculation around this stock becoming involved with AB-InBev due to new BOD members. Interesting timing considering DEA re-scheduling and federal reform in America. Speculation is speculation, but the chart is indicating an upswing. And the company...
Bullish cross on the KST. Bullish cross on the DMI. $110.00 price target where resistance is likely to occur at the upward sloping resistance of the pattern.
GTII appears to be one of the cannabis companies in America holding their market cap relatively intact. There is an ascending triangle pattern on the verge of breaking out, and like clockwork cannabis reform in America is a hot topic to capture voters of all ages. “There’s no excuse for our not being in the forefront for something that is now legal for 97...
It appears as though CRSP is forming a micro ascending triangle that is likely to result in bullish momentum.... The Williams Alligator is widening to the upside and there was recently a bullish cross. This is inherently bullish, but could always change in an instant....