VIX trading in a bullish pennant pattern. We have seen two really nice bullish bounces off the support trend line in this pennant pattern. I expect this next support line touch to be nothing different (assuming VIX touches support). VIX targets: 25.41 resistance first, then follow-through to 28.93, eventually reaching the top of the upper bound of the pennant...
Patterns from other cycles seem to be repeating themselves today. After each ATH of each cycle, the price heads towards the blue area where the EMA50 is, making a support. When it breaks the EMA50, the price goes back to the average in the yellow area but this time it makes the EMA50 as resistance. Finally, the price fails to break the resistance and finds the...
Neutral $BRK.B $319.78. BRK.B repeating the pattern from Nov 2020 and Mar 2021. Price action shows this time stock reached the target in shorter time span. Expect little more addition to stock price and then sideways trade action between $300 till $320 till next breakout pattern appears. Expect 20 SMA acting as support for this stock.
Hey I was just looking at the charts and thought about this Idea because it does look familiar for me, what do you think let me know.
We are going through something similar as we did in May. After the drop, a bearish candle formed with a very large wick, that confirmed the previous strong support. Then a bull flag started to form, and when it hit the support BTC went to set new ATHs. What happened couple of days ago? ✅ - last candle of the drop - large wick confirming support ✅ - a bull...
Bitcoin is doing about the same as in the early stages of 2021. Is Bitcoin gonna repeat itself and gonna dump very hard?
HBAR is likely repeating the same pattern it did before we made the move above ~460 and tapped 800s. - Back in May we experienced a diamond reversal after two daily candles closed at our last highest highs @ 776 and 791, both wicking into 800s. That reversal brought us back to our support area (green box) around the red target line. - Next, after failing to...
Bitcoin is following same pattern as we saw in 2018 Bitcoin dropped around 50% then a test of 200 Ma which also failed and we saw another 50% drop.
Quick idea - possibly we are repeating the same pattern as recently, but on a larger scale. Similar to a recent idea for HBAR / BTC pairing, which seems to be doing the same thing, but with a different pattern.
Many have observed that gold (using GLD here as a reliable proxy) might be forming a huge cup-and-handle pattern (1,2). That may prove to be the case. However, at the moment, the similarity of the unfolding trend to the 2011-13 topping pattern seems noteworthy in itself. Perhaps we’re seeing the start of the cup-and-handle leading to an upward bull run, or perhaps...
To understand CRV's future price action, we have to understand alts across crypto are fractals of each other that play out at different times. Here is a Fractal that occurred with OMGUSD that played out perfectly which I posted before, Many other coins in crypto played out very similarly to OMGUSD, apply my fib concepts and see for yourself. With that in mind,...
This drop looks eerly familiar with April dump. Bars pattern from April overlaps quite well on the current trajectory. If this level doesn't hold we could expect a second drop before creating a new local bottom and possibly moving on upwards. Fundamentally I highly doubt Elon Musk and his financial team didn't do his homework regarding his bitcoin investment...
What a scary similarity!!!!! Personally, I was stunned when I realized this pattern. Also, the same manner was found in some other well-known coins. If the pattern repeats again, It would be like down in HELL......
BLZBTC may repeat its behavior and also break the triangle. The next target is marked as a red horizontal line on the chart.
BLZBTC may repeat its behavior and also break the triangle.
Still brand new. Curious about the repetition of this pattern. Love to look at it together and see if it breaks out on saturday/sunday.
Repeat pattern Ethereum's trend looks very similar to Bitcoin's when it was at its all time highs. I think alts are about to get even crazier. pt - 2400 Thanks
Looking at the 2H chart, we can see the potential for an end to the retracement phase after finding support around the $1.89 price range. The dotted lines indicate an updated prediction for the next bull run. Breaking resistance at $2.33 range and $2.90 range will be critical to continue the bullish trend longer term. If the trend continues, looking at $3.90 -...