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Roundedbottom

DOGE can ascend further!Hi COINEX:DOGEUSDT Today, I want to analyze DOGE for you in a weekly time frame so that we can have a mid-term view of DOGE regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). DOGE formed a rounding bottom on weekly timeframe🤔 Up we go if we do breakout ✅ Due to the Ascending structure of the chart... - High potential areas are clear in the chart. - AB=CD - Rounding Bottom Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
3
Fed Rate Increase, its relation to BTC price and rounded cyclesHello Traders, I just wanted to put some visuals together as I am seeing a lot of banks making statements regarding the FED rate increases affecting the price of Bitcoin and other crypto assets negatively. I am not saying that this will not end up being the case but, I wanted to show what happened the last time the FED decided to increase rates compared to what happened with Bitcoin price action. As you can see around Oct 31st (the first red vertical line) of 2015 the fed stated to gradually and from the chart dramatically increase rates per the FRED chart for FEDFUNDS which shows the Federal Funds Effective Rate* (Blue Line Graph). The price of bitcoin continues to raise just like it has in every other run that has commenced along the way after a halving event which are also depicted on the chart (yellow vertical lines). As you can see where the fed peaked rates and began the downdraw in April of 2019 which lead into the pandemic drop of 2020 the price of Bitcoin was dropping more so due to the typical bear markets that come after a bull run. Another point I wanted to make is that it seems that every run in the past has ran on a general curve or parabola which it seems as if the price has currently reached that point again in this run as of now. Is this the bottom? Are we going up from here? Let me know your thoughts in the comments below. Have a green week, Savvy * The federal funds rate is the interest rate at which depository institutions trade federal funds (balances held at Federal Reserve Banks) with each other overnight. When a depository institution has surplus balances in its reserve account, it lends to other banks in need of larger balances. In simpler terms, a bank with excess cash, which is often referred to as liquidity, will lend to another bank that needs to quickly raise liquidity. (1) The rate that the borrowing institution pays to the lending institution is determined between the two banks; the weighted average rate for all of these types of negotiations is called the effective federal funds rate.(2) The effective federal funds rate is essentially determined by the market but is influenced by the Federal Reserve through open market operations to reach the federal funds rate target.(2) The Federal Open Market Committee (FOMC) meets eight times a year to determine the federal funds target rate. As previously stated, this rate influences the effective federal funds rate through open market operations or by buying and selling of government bonds (government debt).(2) More specifically, the Federal Reserve decreases liquidity by selling government bonds, thereby raising the federal funds rate because banks have less liquidity to trade with other banks. Similarly, the Federal Reserve can increase liquidity by buying government bonds, decreasing the federal funds rate because banks have excess liquidity for trade. Whether the Federal Reserve wants to buy or sell bonds depends on the state of the economy. If the FOMC believes the economy is growing too fast and inflation pressures are inconsistent with the dual mandate of the Federal Reserve, the Committee may set a higher federal funds rate target to temper economic activity. In the opposing scenario, the FOMC may set a lower federal funds rate target to spur greater economic activity. Therefore, the FOMC must observe the current state of the economy to determine the best course of monetary policy that will maximize economic growth while adhering to the dual mandate set forth by Congress. In making its monetary policy decisions, the FOMC considers a wealth of economic data, such as: trends in prices and wages, employment, consumer spending and income, business investments, and foreign exchange markets. The federal funds rate is the central interest rate in the U.S. financial market. It influences other interest rates such as the prime rate, which is the rate banks charge their customers with higher credit ratings. Additionally, the federal funds rate indirectly influences longer- term interest rates such as mortgages, loans, and savings, all of which are very important to consumer wealth and confidence.(2) References (1) Federal Reserve Bank of New York. "Federal funds." Fedpoints, August 2007. (2) Board of Governors of the Federal Reserve System. "Monetary Policy". Suggested Citation: Board of Governors of the Federal Reserve System (US), Federal Funds Effective Rate , retrieved from FRED, Federal Reserve Bank of St. Louis; fred.stlouisfed.org January 30, 2022.
INDEX:BTCUSD
by Savvythe1
1
Kucoin $ICPUSDT Rounded Bottom ideaThis is basically a reminder-to-self to keep track of my Kucoin setups ever since I heavily transitioned to spot trading in Kucoin due to their higher volatility coins. Internet Computer's $ICP coin is sitting on a 6x rounded bottom pattern, very likely to move according to Parabolic Curve Theory as it makes it's way up from it's bottomed price. On the daily chart, selling volume is decreasing and BTC willing this might show strong signs to move up.
Long
by AponSOKS1978
Rounded Bottom idea with Parabolic Curve Theory for POLYBTCThis is a personal research and idea for investment. DYOR and TIT... This is Polymath $POLY coin against BTC pair on a hourly chart . ABBREVIATIONS Rounded Bottom (RB) Parabolic Curve Theory ( PCT ) Price Action (PA) BTC ( Bitcoin ) T/K (Tenkan/Kijun; Blue/Yellow lines) Sats . (Satoshis) :::DISCLAIMER::: This is a short-term pattern that will develop exponentially growing price action as it starts to close the cup. It has the characteristics of a PCT structure as it has panic sold these last two weeks describing a parabolic descending curve and bottomed. As I'm looking at this chart and describing my idea I'm very conscious that events like news catalysts and BTC volatility can deviate it off its course and make price action break out of pattern invalidating or at least demanding a reassessment of the idea. TIME/PRICE PROJECTION Pattern start: End-May 2021 Estimated end: Mid-June 2021 (about a week after publishing) Price tag at time of publishing: 643 sats. Expected price tag at end of pattern: 976+ sats. Safe trailing take profit area: Recommended trailing take profit at 903 sats. or .786 fib. TECH INDICATORS Ichimoku indicators: -Bullish Kumo cloud. - Bearish PA, needs to break up over the Kumo cloud. - Bullish Tenkan over Kijun Sen. - T/K cross up the first days of May, also bullish nuance. - Bearish Chikou lagging span below cloud, needs to break up. - Parabolic SAR below the PA, bullish nuance. Trade at your own risk... NEWS CATALYSTS AND BTC VOLATILITY No news or events upcoming. Mildly affected by BTC dips. EXPECTATIONS I expect a completion of the pattern if BTC doesn't pull PA out of pattern. If it does, this idea may need to be revisited. ATM there's a measured move if PA breaks out of the bull flag shown in the snapshot below. Measured Move equals about 54% profit.
P
by AponSOKS1978
Rounded Bottom and Parabolic Curve Theory Idea for $SUSD to BTCThis is a personal research and idea for investment. DYOR and TIT... This is Synthetix USD $SUSD coin on a 3-day chart. :::DISCLAIMER::: This is a mid-term pattern that probably will develop exponentially growing price action as it starts to close. I'm calling it early as consistent with Parabolic Curve Theory ( PCT ) and am very conscious that events like news catalysts and BTC volatility can deviate it off its course and make price action miss some of the PCT base targets marked here thus making it necessary to revisit this idea. TIME/PRICE PROJECTION Pattern start: Mid-Dec 2020 Estimated end: 1st week of Late July 2021 (60+ days from publishing) Price tag at time of publishing: 2,490 satoshi Expected price tag at end of pattern: 5,550 satoshi Sub-base 1 (.b1.1): 2,044 satoshi Base 1 price level: 2,499 satoshi Base 2 price level: 3,080 satoshi Base 3 price level: 3,550 satoshi Base 4 price level: 4,020 satoshi Safe trailing take profit area: Recommended trailing take profit at 5,300 satoshi TECH INDICATORS I'm doing TA on a daily-chart since the 3-day still doesn't display full indicators yet. Green Kumo cloud indicates bullish trend with recently broken out Chikou Span from PA. Recent T/K cross up is also bullish. All indicators are upsloped. Parabolic SAR also confirms trend placed below PA. NEWS CATALYSTS AND BTC VOLATILITY No upcoming news catalysts. Seemingly unaffected by BTC dips. EXPECTATIONS I expect swinging PA between bases with increasing impulse moves upward and decreasing ranging movement. PCT states that price of an asset once base 3 is reached can double its price in a very short period. This is not necessarily so in this case, but at least 50% increase is expected. The distance from the curve makes me believe that we still should expect some ranging consolidation in PA. FINAL NOTE Drawing may need some minor adjusting as the pattern develops.
SLong
by AponSOKS1978
Rounded Bottom pattern idea for $SXP against BTCThis is a personal research and idea for investment. DYOR and TIT... This is Swipe $SXP coin against BTC pair on a daily chart . ABBREVIATIONS Rounded Bottom (RB) Parabolic Curve Theory (PCT) Price Action (PA) BTC (Bitcoin) T/K (Tenkan/Kijun; Blue/Yellow lines) Sats. (Satoshis) :::DISCLAIMER::: This is a mid-term pattern that will develop exponentially growing price action as it starts to close the cup. It has the characteristics of a PCT structure as it tends to range at key Fibonacci levels for PCT. As I'm looking at this chart and describing my idea I'm very conscious that events like news catalysts and BTC volatility can deviate it off its course and make price action break out of pattern invalidating or at least demanding a reassessment of the idea. TIME/PRICE PROJECTION Pattern start: Mid-Aug 2020 Estimated end: Early-Aug 2021 (almost 3 months from publishing) Price tag at time of publishing: 8,150 sats. Expected price tag at end of pattern: 36,700+ sats. Safe trailing take profit area: Recommended trailing take profit at 35,700 sats. TECH INDICATORS Ichimoku indicators: -Bullish Kumo cloud setup with PA on top of it. - Bullish Tenkan over Kijun Sen. - T/K cross up the first days of May, also bullish nuance. - Chikou lagging span heading towards PA, bearish nuance, probably due to recent correction. - Parabolic SAR on top of the PA, bearish nuance. PA has corrected down to the .500 fib from previous impulse move and is currently bouncing up as it closes in against the curved wall of the pattern. Trade at your own risk... NEWS CATALYSTS AND BTC VOLATILITY Technical paper will be released as of May 30th according to @Joselito, Swipe founder. Affected by BTC dips. EXPECTATIONS I expect a completion of the pattern if BTC doesn't pull PA out of pattern. If it does, this idea may need to be revisited. ATM there's a measured move if PA breaks out of the bull flag shown in the snapshot below. Measured Move equals about 605 profit. FINAL NOTE Drawing may need some minor adjusting as the pattern develops.
Long
by AponSOKS1978
Rounded Bottom pattern idea for $WTC against BTCThis is a personal research and idea for investment. DYOR and TIT... This is WaltonChain $WTC coin against BTC pair on a daily chart. ABBREVIATIONS Rounded Bottom (RB) Parabolic Curve Theory (PCT) Price Action (PA) BTC ( Bitcoin ) T/K (Tenkan/Kijun Blue/Yellow lines) Sats . (Satoshis) :::DISCLAIMER::: This is a mid-term pattern that probably will develop exponentially growing price action as it starts to close. It fails to meet basic conditions to call it a PCT structure as is the lack of ranging on key Fibonacci levels and also not finding decreasing range action nor increment in impulse moves as it works its way up to close the RB. As I'm looking at this chart and describing my idea I'm very conscious that events like news catalysts and BTC volatility can deviate it off its course and make price action wonder outside the confines of the pattern invalidating or at least demanding a reassessment of the idea. TIME/PRICE PROJECTION Pattern start: Late-Aug 2020 Estimated end: Mid-June 2021 (1 month from publishing) Price tag at time of publishing: 3,524sats. Expected price tag at end of pattern: 6,460sats. Safe trailing take profit area: Recommended trailing take profit at 6,1sats. TECH INDICATORS Ichimoku indicators: -Bearish moment with Kumo cloud suggesting a slow squeeze of Senkou Span A and B. No visible slope indicates possible consolidation period. - PA inside Kumo, suggests a no trade situation momentarily. - Bullish T/K crossup 2 days ago from this publishing. - Chikou lagging span buried inside PA is bearish. Parabolic SAR indicates bullish trend, but the majority of Ichimokus native indicators confirm otherwise. PA has lacked to plot a new higher high therefore making this a high-risk trade IMO. There are a few bullish indicators suggesting that a drop and break out of pattern is still possible. Trade at your own risk... NEWS CATALYSTS AND BTC VOLATILITY No major news upcoming this year related to coin. Seems affected by BTC dips. EXPECTATIONS I expect a completion of the pattern if BTC doesn't pull PA out of pattern. If it does, this idea may need to be revisited. FINAL NOTE Drawing may need some minor adjusting as the pattern develops.
W
by AponSOKS1978
EOS About to see new ATH!!!Here's a quick look at EOS 4 hr chart. As we can see, the price has been forming a rounded bottom pattern and is very close to break the overhead resistance! If we break to the upside, we will see new ATH!! Keep an eye on this! The idea is: Buy the breakout from the bigger yellow bull flag and Take profits at the levels shown in the chart. Targets: 1. 10$ 2. 11.4$ 3. 15.7 Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
6
Rounded Bottom and Parabolic Curve Theory idea for $BQXBTCThis is a personal research and idea for investment. DYOR and TIT... This is Voyager $BQX coin on a daily chart . :::DISCLAIMER::: This is a short term pattern that probably will develop exponentially growing price action as it starts to close. I'm calling it early as consistent with Parabolic Curve Theory ( PCT ) and am very conscious that events like news catalysts and BTC volatility can deviate it off its course and make price action miss some of the PCT base targets marked here thus making it necessary to revisit this idea. TIME/PRICE PROJECTION Pattern start: Late-Feb 2021 Estimated end: 1st week of June 2021 (30+ days from publishing) Price tag at time of publishing: 7,492 satoshi Expected price tag at end of pattern: 14,749 satoshi Sub-base 1 (.b1.1): 7,146 satoshi Base 1 price level: 8,396 satoshi Base 2 price level: 9,333 satoshi Base 3 price level: 10,375 satoshi Base 4 price level: 11,395 satoshi Safe trailing take profit area: Recommended trailing take profit at 14,000 satoshi TECH INDICATORS Kumo cloud is showing early signs of an imminent trend reversal from green to red with Senkou span A closing in on B. This nuance will mark a bullish confirmation. Price Action (PA) is currently beneath the Kumo Cloud, which is still considered bearish trend . T/K crossed up today, which is a very stron bullish sign often taken as a buy signal when in a bullish trend . This is when the blue conversion line (Tenkan sen) crosses up the yellow line (Kijun sen) from below. Chikou lagging span (purple in my setup) is buried inside PA, which is still bearish indication. The Parabolic SAR (represented as a white stepping line in my layout) is beneath the PA, which is a bullish trend nuance. NEWS CATALYSTS AND BTC VOLATILITY No upcoming news catalysts. Seemingly affected by BTC dips. EXPECTATIONS I expect swinging PA between bases with increasing impulse moves upward and decreasing ranging movement. PCT states that price of an asset once base 3 is reached can double its price in a very short period. This is not necessarily so in this case, but at least 50% increase is expected. The distance from the curve makes me believe that we still should expect some ranging consolidation in PA. FINAL NOTE Drawing may need some minor adjusting as the pattern develops.
BLong
by AponSOKS1978
1
Rounded Bottom Parabolic Curve Theory idea for $ANTBTCThis is a personal research and idea for investment. DYOR and TIT... This is Aragon $ANT token on a weekly chart. :::DISCLAIMER::: This is a mid-term pattern that probably will develop exponentially growing price action as it starts to close. I'm calling it early as consistent with Parabolic Curve Theory (PCT) and am very conscious that events like news catalysts and BTC volatility can deviate it off its course and make price action miss some of the PCT base targets marked here thus making it necessary to revisit this idea. ABBREVIATIONS Rounded Bottom (RB) Parabolic Curve Theory (PCT) Price Action (PA) BTC (Bitcoin) T/K (Tenkan/Kijun Blue/Yellow lines) Sats. (Satoshis) TIME/PRICE PROJECTION Pattern start: Late-Aug 2020 Estimated end: 1st week of Aug 2021 (+/-100 days from publishing) Price tag at time of publishing: 1,604sats. Expected price tag at end of pattern: 7,635sats. Sub-base 1 (.b1.1): 1,941sats. Base 1 price level: 2,422sats. Base 2 price level: 3,422sats. Base 3 price level: 4,230stas. Base 4 price level: 5,038sats. Safe trailing take profit area: Recommended trailing take profit at 7,40sats. TECH INDICATORS (TA on the daily for lack of complete indicators on the 3-day chart) Some Ichimoku indicators are still unavailable on the weekly timeframe. On the 3-day chart the Kumo cloud is observed flat, indecisive market momentum as PA is attempting to climb and ranging for a long period. This is consistent with the sub-base and base 1 phase of PCT. We have a T/K cross down today which is bullish sign and Parabolic SAR (white stepping line on my layout) confirming bearish sentiment. This is consistent with a bearish divergence from 3 days back that is still probably trying to play out. Chikou lagging span (purple line on my setup) is downsloped but below developing Kumo cloud. All these indicators are bearish probably because there's an unresolved divergence like I mentioned before. NEWS CATALYSTS AND BTC VOLATILITY Some positive but not major news upcoming this year related to the governance token application. Seems mildly affected by BTC dips. EXPECTATIONS I expect a strong impulse up to base 1 after present divergence is resolved and further development as expected from PCT patterns. FINAL NOTE Drawing may need some minor adjusting as the pattern develops.
A
by AponSOKS1978
1
Rounded Bottom and Parabolic Curve Theory idea for $BXQBTCThis is a personal research and idea for investment. DYOR and TIT... This is Voyager $BQX coin on a daily chart. :::DISCLAIMER::: This is a short term pattern that probably will develop exponentially growing price action as it starts to close. I'm calling it early as consistent with Parabolic Curve Theory ( PCT ) and am very conscious that events like news catalysts and BTC volatility can deviate it off its course and make price action miss some of the PCT base targets marked here thus making it necessary to revisit this idea. TIME/PRICE PROJECTION Pattern start: Late-Feb 2021 Estimated end: 1st week of June 2021 (30+ days from publishing) Price tag at time of publishing: 7,492 satoshi Expected price tag at end of pattern: 14,749 satoshi Sub-base 1 (.b1.1): 7,146 satoshi Base 1 price level: 8,396 satoshi Base 2 price level: 9,333 satoshi Base 3 price level: 10,375 satoshi Base 4 price level: 11,395 satoshi Safe trailing take profit area: Recommended trailing take profit at 14,000 satoshi TECH INDICATORS Kumo cloud is showing early signs of an imminent trend reversal from green to red with Senkou span A closing in on B. This nuance will mark a bullish confirmation. Price Action (PA) is currently beneath the Kumo Cloud, which is still considered bearish trend. T/K crossed up today, which is a very stron bullish sign often taken as a buy signal when in a bullish trend. This is when the blue conversion line (Tenkan sen) crosses up the yellow line (Kijun sen) from below. Chikou lagging span (purple in my setup) is buried inside PA, which is still bearish indication. The Parabolic SAR (represented as a white stepping line in my layout) is beneath the PA, which is a bullish trend nuance. NEWS CATALYSTS AND BTC VOLATILITY No upcoming news catalysts. Seemingly affected by BTC dips. EXPECTATIONS I expect swinging PA between bases with increasing impulse moves upward and decreasing ranging movement. PCT states that price of an asset once base 3 is reached can double its price in a very short period. This is not necessarily so in this case, but at least 50% increase is expected. The distance from the curve makes me believe that we still should expect some ranging consolidation in PA. FINAL NOTE Drawing may need some minor adjusting as the pattern develops.
BShort
by AponSOKS1978
Rounded Bottom and Parabolic Curve Theory idea for $BRDBTCThis is a personal research and idea for investment. DYOR and TIT... This is Bread $BTC coin on a bi-weekly chart. Bare in mind this is a huge Rounded Bottom pattern that probably will develop exponentially growing price action as it starts to close. I'm calling it very early as consistent with Parabolic Curve Theory ( PCT ) and am very conscious that events like news catalysts and BTC volatility can deviate it off its course and make price action miss some of the PCT base targets marked here thus making it necessary to revisit this idea. As this is a very long term trade it is also uncertain how it will react to potential market trend reversal. In terms of research it will be very interesting to keep track over the span of the months and understand the balance between patterns and market momentum. TIME/PRICE PROJECTION Pattern start: Mid-Jan 2018 Estimated end: Q1 2024 (1000+ days from publishing) Price tag at time of publishing: 610 satoshi Expected price tag at end of pattern: 15,153 satoshi Sub-base 1 (.b1.1): 2,061 satoshi Base 1 price level: 3,687 satoshi Base 2 price level: 5,883 satoshi Base 3 price level: 7,645 satoshi Base 4 price level: 9,407 satoshi Take profit range: Recommended trailing take profit at 14,000 satoshi TECH INDICATORS Kumo cloud is apparently bottomed with both Senkou span A and B showing signs of consolidation. Further development in this direction will put Price action (PA) inside the Kumo cloud within half a year from now so confirming consolidation and/or initiation of reversal. Tenkan and Kijun sen (blue and yellow averages) are squeezing together preparing for a flip and T/K crossover. The last and only time this happened was in march of 2019. This might signal the kickoff for trend reversal. upsloped confirm bullish momentum. Chikou lagging span is below PA which is bearish. To strengthen the theory of an upcoming trend reversal Parabolic SAR is beneath PA at least 5 candles back, this is bullish. NEWS CATALYSTS AND BTC VOLATILITY No upcoming news catalysts. Seemingly unaffected by BTC dips. EXPECTATIONS I expect very slow ranging with probable impulses increasing as we near the curve to close the RB. I'm very intrigued by how this long term pattern will react to the market's bullrun ending. That being within the time period for this patterns' completion, makes it extremely hard to foresee if the pattern will remain unscathed by trend reversal. FINAL NOTE Drawing may need to be adjusted as it's very complicated to project time on a pattern this size.
BLong
by AponSOKS1978
2
Parabolic Curve Theory idea for $TRBBTC Rounded BottomThis is a personal research and idea for investment. DYOR and TIT... This is a 3-day chart for Tellor $TRB coin. Bare in mind this is a huge Rounded Bottom pattern that probably will develop exponentially growing price action as it starts to close. I'm calling it early as consistent with Parabolic Curve Theory (PCT) and am very conscious that events like news catalysts and BTC volatility can deviate it off its course and make price action miss some of the PCT base targets making it necessary to revisit this idea. TIME/PRICE PROJECTION Pattern start: Aug 31st 2020 Estimated end: 2nd half of June to 1st week of July (66 days from publishing) Price tag at time of publishing: 236,000 satoshi Expected price tag at end of pattern: 615K satoshi Base 1 price level: 184,400 satoshi Base 2 price level: 266,700 satoshi Base 3 price level: 333,100 satoshi Base 4 price level: 399,600 satoshi Safe take profit range: Recommended trailing take profit at 587,300 satoshi TECH INDICATORS Kumo cloud is bullish with senkou span A over B and following below price action. Tenkan over Kijun sen upsloped confirm bullish momentum. Chikou lagging span is upsloped, far away and high which is also a bullish confirmation. Parabolic SAR beneath price action bullish sign too. Bearish divergence present on last candle. NEWS CATALYSTS AND BTC VOLATILITY At the time of publishing this idea we can see a huge bullish candle (may 4th) which made price action blast through base 1 target, not allowing any ranging, at least for the moment. This is consistent with the listing of the coin on Coinbase Pro, sparking great buying activity. If we look at BTC price action on the pink line we can clearly see that $TRB hasn't been affected by bitcoins dips, at least not on this time frame. EXPECTATIONS I expect at least 2 months of sporadic large and increasing impulse moves to reach every subsequent base. Ranging is expected below every base, towards the curve but they should decrease as price action moves up. FINAL NOTE Drawing may need to be adjusted as it's very complicated to project time on a pattern this size.
Long
by AponSOKS1978
1
Rounded Bottom pattern on $TLMThis is a personal short -term swing trade I'm taking for Alien Worlds awesome $TLM coin. PATTERN_____ Rounded Bottom (RB), or possibly Cup and Handle (C&H). Parabolic Curve Theory (PCT) applies. TECH ANALYSIS_____ 4-hour timeframe chart. I'm approaching this Rounded Bottom with PCT. Have already recognised a sub-base (follow up on my research for PCT) which I name .b1.1 and bases 1 and 2 (.b1 and .b2) already reached byr Price Action (PA). Ichimoku is bullish on the Kumo Cloud which is broad and beneath PA. Tenkan and Kijun are bullish and with plenty space between them. T over K is bullish. Impulses will grow longer and higher as it moves from base to base. Chikou lagging span (purple line on my setup) is far and above PA which is bullish as well. EXPECTATIONS_____ PCT has it that from .b3 up price could double in the shortest period which is consistent to base 3 being at a 0.56 price level and close of RB at 0.93 which is roughly double. I expect RB to develop into C&H pattern or keep moving up for a measured move equivalent to the cup's depth (360+%) over a longer period of time. We will probably see $TLM passing the dollar within a week. THREATS_____ BTC volatility and dominance kicking in. I'm doing... Entry Price (EP): range between 0.416 and 0.435 SL: Manual TP1: 0.47 TP2: 0.56 TP3: 0.65 TP4: 0.77 TP5: 0.93 DYOR and TIT
by AponSOKS1978
2