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Coin Citadel CCTL Projections This is a breakdown on Coin Citidel CCTL. CCTL has been following a pattern for a long time now and I have identified it on this chart. Not just outlining the old resistance levels that have flipped to support but also the ones which we should be looking out for in the near future. Currently we are sitting in an ascending channel and it seems to be moving in a stair step pattern as we continue up. This pattern is what I personally believe will get us to a new ATH on this stock and into price discovery. Penny Stocks are very volatile, but provide incredible buy opportunities based on price. We can buy a lot for a little and because of that these .01 thru .10 cent changes can be life changing. This is one of my holdings because the crypto space hasn't even began to heat up yet. As always DYOR and MANAGE RISK PROPERLY. AMEN
OTC:CCTL
by WhiteJesus
BTC TO TEST SUPPORT OF ***DEATH**** (short opportunity....)As you can see via the chart yesterday we saw BTC bounce off the .382 fib level as well as an area of support from months ago. This bounce saw two bear flags being produced which, if you zoom out to a lower time frame those two bear flag merge into one scary looking bear pennant. However, this is an opportunity for us all, looking at this chart we have two major options which I will outline below. A) Double bottom, the price drops back down to the major support level and gives a bounce, if this happens a trend reversal is a strong option. This historically would be following BTC yearly fractal pattern. B) A broken support, if the support is broken we will see BTC start to free fall all over again. I suspect BTC would see another several week long drop to $ (5500-5800) to test the next large area of support. Regardless of A or B I 100% believe that we will see that resistance lines will be tested again in the next 2 weeks. Remember though folks, this is not financial advice and any trades you take are at your own risk. I, like all traders will be watching BTC and will take positions accordingly. Stay frosty, Moglli, out.
COINBASE:BTCUSDShort
by Mougllii
Potential LONGS USD/JPYPrice has consolidated above monthly support at 112.00 with the weekly chart showing a strong hammer candlestick pattern signaling a reversal is soon due. Along with daily showing us a morning star pattern and bullish engulfing patterns, with a break above the daily trend line shown we are potentially looking at at 117.000 being the target as key weekly and monthly resistance. I am not a huge fan of indicators at all but we also see a clear upswing in the RSI and has potential to go further following a confirmation in price. Threw a Fibo at the end of this analysis ;)
Long
by erillmann96
1