very lil TA skills Altcoin 3 optimistic guess from here As of now I still have very little TA skills, and on this optimistic version of my guess/prediction from here, I just used the same few revelations I came across when I did my first ever btc chart (finding a parallel channel that fits previous price action, and then just duplicating the the parallel channel and stacking it, to get a basic blueprint of an overlay of potential resistance and support lines), combined with TA techniques from free Crypto Crew University youtube videos and an aggregate of other youtubers here and there, and I'm probably using some wrong but yea, this is my 'bullish' and optimistic guess/prediction as a first full cycle 'retail' hodler.
If i'm not going on what I want to happen, my bearish feeling and guess/prediction would be, a 25%-35% sell off before or after thanksgiving, and either going back up shortly after and keep running through 2025 or worst and what it feels like, toping out around the 10th-14th of December.
Feel free to tell me what will likely happen if you are an experienced TA chartist.
Helpme
DOUBLE BOTTOM POSSIBLY FOR ETH? GREAT, LONGHey guys, you seeing what I am seeing here? Just would like to know if I am identifying these things properly because practicing my strategies is worthless if I am practicing the mistakes or bad habits. Obviously the buy in after the price crossed the confirmation line would have been pretty lucrative, another W for Technical Analysis. Any feedback guys, did I read it wrong? Was it something else I was missing perhaps? Thanks guys! We all need to OWN MORE ETH!!
SUNW: Double ABCD pattern? is that a thing?SUNW on the 1 hr chart.
I think I see SUNW going from a descending ABCD pattern immediately into an ascending ABCD pattern.
The last point that could be the second "D" is already above its "B" point.
Not sure if I am wrong or the pattern I am seeing is called something else, but any input would be greatly appreciated.
I made a couple fibs (2 extensions and 1 retracement) to get an idea of the potential PT areas.
It looks like 0.75 - 0.90 is a reasonable range to look at.
If its end point is in that area, I think it is definitely a second ABCD pattern
Let's see what happens!
Go Long for DE30 🇩🇪Huge falls all day, looks like a real good potential for some slight growth, going long temporarily could bring in decent profit
BTC on the dailyComing to another point where we will make a move. I personally think we will keep consolidating and then have a slight pullback. Maybe I am just being hopeful so I can make one more purchase just under the 7k mark before we shoot to the 8k-9k range. Keep your eye out. It could go either way at this point