with downgrade of US rating equity is down for the 2nd day and we are finally seeing an inevitable break of an upward trend across sectors, nvda be the forefront of mainstream AI stock (where else do AI startups get their computation from?) should be trading in range the coming days after the fear of credit rating agency subside AI and crypto are still the driver...
support is around 1060 worst case, but since we are seeing higher low and higher high, but it is higher likelihood that we will be seeing a sudden drop later
between the date of march 28 where the chart was drawn, to 2028 at negative value the ratio of the harmonic pattern is consistent and thus it is suggested that the price of btc according to this pattern could be as low as 11k 2months ago to negative value in 2028 the downtrend has been for certain, but not the time.
this signal is strong, i normally don't prefer to think huge movement, i didn't thought btc to 29k and soon 18k is possible but it seems to be becoming a reality so why the heck not jpy is depreciating by 50% in our foreseeable future, this look exciting. this is weekly chart
looking at APE going back to ~14.5-15 in the near term lower volume, RSI at overbought zone and reclining MACD seem to suggest APR is at an overbought territories
with a rising floor we should be seeing another breakout moving the coin upward, we are looking at a potential of 4.1-4.4 for the next stop
We are looking at a repetitive pattern from previous hike, but with less trading volume than before due to higher price next jump in price should be due from collaboration with different athletic brands after asics, they are likely negotiating with adidas consider the runtastic CEO (now VP in adidas) had shown interest in the NFT application their burning of GST...
as we have reached .618 support we should now be targeting the .618 resistance unless price drop below the trendline
volume is trending low, but most of the price per volumes are flushed already, so the fund should start planning for a come back for another batch of investors to capitalize on their investment, there is no technical analysis at all for this coin until sufficient amount of coins are out in the market consider ico at 0.5, the price could continue to trend down...
having few days of horizontal movement and now looking to find new trend, short term price target is on red line, good entry at price on trend unless trend shifts and breaks pattern timeframe: 3-5days
GMT has broken the rising trendline and falling into a descending channel, looking for support between 1.67 to 2.3 if it ends with finding a top within the descending channel (preventing an engulfing candle) with rising volume, there might be a chance for GMT to continue upward at a slower pace than previous week
btc looking for short term support before reversal to newer high on trend line, this should be played out by this week barring any significant event from russian invasion or chinese sanctions
we are likely looking at a correction soon unless there are new funds coming in, or collaboration with brands such as adidas, investors are going to prep for the drop to amass gmt after. if successful. we should be looking at the price going to the next volume group but first it will try it's second shoulder, with target price on red line before crossing the...
APE should be moving up in the short term to complete head and shoulder pattern, but this does also means that it could go a little lower for the shoulder to complete, ultimately we are following a regressing trend line before it breaks away, plateauing as show on the chart. red line is the short term expected price point, with the upper trendline as medium term...
rising wedge suggests the APE is looking for a support price before pushing through resistant price set recently, if it stops at the 1st red line the wave should also be confirm, thus entering (5) if it regress further it might find support at the 2nd red line. overall an upward trend
potentially cup and handle pattern forming on API3, there are two pt price point to look at for this play, entry depending on breaking the previous channel top or otherwise fail to break out
handle is not confirmed but worth noticing it could go down a litle before going up
We are looking at probably a repeat of the last head and shoulder with a twist, the pattern will be short term due to rising head and shoulder, market should resume higher during weekday bar any russian bad news