This is my 4th idea looking at Solana with Ethereum as a pattern, benchmark, or comparison. I used this pattern to identify downside targets and potential reversals and now I am using it to call a local high. This is basic and fundamental charting. Both charts show a 5 impulse Elliot Wave to the upside. With such a clear pattern and impulsive move we don’t...
Last weeks high: $31443.0 Last weeks low: $28847.4 Midpoint: $26251.8 BTC experienced a massive week of price action last week with nearly non stop climbing up to a high of nearly 31.5K. The all important 32K is still yet to be tagged this year however we have made new yearly highs with acceptance above 30K The news of a Bitcoin ETF cancelled out the SEC &...
APT has a token unlock fast approaching, 0.45% of the total supply (4.5m APT) is to be unlocked at 0.5:30 UTC on 12th June 2023. Here are my thoughts going into this event, how I feel the market will react as well as key areas to look out for. Firstly looking back to the latest APT token unlock back in January. We saw initial sell side pressure as new tokens...
BINANCE:GTCUSDTPERP BINANCE:GTCUSDT Hello everyone 😃 Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it! $GTC have reached the Supply zone and the local highs are located before the DARVAS box's high. With the current local high and the Supply above, It's better to have...
Local highs are decreasing. We broke through the inclined level, secured lower and went to the retest with a large shadow. Got a response from the POC level. Volumes are falling. I expect a return to the mirror level. Goal - 1228$
Evening Traders, Today’s Technical Analysis – GOOGL – breaking a multi-year weekly resistance with strong volume. Consolidation and a retest of structure will confirm a new range. Points to consider, - Multiple weekly closes - Strong volume - S/R Flip retest (confirmation) - Local high (blue sky breakout GOOGL has closed consecutive weekly candles above...